NASDAQ:INAP - Internap Stock Price, Forecast & News

Internap trades on the NASDAQ under the ticker symbol "INAP."

Internap's stock reverse split before market open on Monday, November 20th 2017. The 1-4 reverse split was announced on Thursday, November 2nd 2017. The number of shares owned by shareholders was adjusted after the market closes on Friday, November 17th 2017. An investor that had 100 shares of Internap stock prior to the reverse split would have 25 shares after the split.

Internap Corp (NASDAQ:INAP) announced its quarterly earnings results on Tuesday, November, 12th. The information technology services provider reported ($1.01) EPS for the quarter, missing the consensus estimate of ($0.66) by $0.35. The information technology services provider earned $72.88 million during the quarter, compared to analysts' expectations of $73.66 million. View Internap's Earnings History.

Internap is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Internap.

Internap updated its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $$290-294 million, compared to the consensus revenue estimate of $$293.84 million.

4 analysts have issued 1 year price objectives for Internap's stock. Their forecasts range from $6.00 to $10.00. On average, they anticipate Internap's share price to reach $8.00 in the next year. This suggests a possible upside of 589.7% from the stock's current price. View Analyst Price Targets for Internap.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Internap in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Internap.

Media coverage about INAP stock has been trending very positive on Friday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Internap earned a media sentiment score of 3.9 on InfoTrie's scale. They also assigned news coverage about the information technology services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Internap.

Internap saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 2,780,000 shares, a decline of 5.1% from the December 15th total of 2,930,000 shares. Based on an average daily trading volume, of 275,300 shares, the days-to-cover ratio is currently 10.1 days. Currently, 11.3% of the shares of the stock are short sold. View Internap's Current Options Chain.

Some companies that are related to Internap include Facebook (FB), Equinix (EQIX), eBay (EBAY), Twitter (TWTR), Verisign (VRSN), CoStar Group (CSGP), Akamai Technologies (AKAM), SEA (SE), J2 Global (JCOM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Cornerstone OnDemand (CSOD), Envestnet (ENV), Cimpress (CMPR) and LivePerson (LPSN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Internap investors own include NIO (NIO), Alibaba Group (BABA), Micron Technology (MU), General Electric (GE), Akamai Technologies (AKAM), Advanced Micro Devices (AMD), Corbus Pharmaceuticals (CRBP), Opko Health (OPK), Sirius XM (SIRI) and AbbVie (ABBV).

Shares of INAP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of INAP stock can currently be purchased for approximately $1.16.

Internap has a market capitalization of $30.88 million and generates $317.37 million in revenue each year. The information technology services provider earns $-62,500,000.00 in net income (profit) each year or ($3.01) on an earnings per share basis. Internap employs 640 workers across the globe.View Additional Information About Internap.

The official website for Internap is http://www.internap.com/.

Internap's mailing address is 12120 SUNSET HILLS ROAD SUITE 330, RESTON VA, 20190. The information technology services provider can be reached via phone at 404-302-9700 or via email at [email protected]