NASDAQ:INAPInternap Stock Price, Forecast & News

Internap's stock was trading at $0.42 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, INAP stock has decreased by 96.8% and is now trading at $0.0135. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Internap in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Internap.

Internap is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Internap.

Internap Corp (NASDAQ:INAP) released its quarterly earnings data on Tuesday, November, 12th. The information technology services provider reported ($1.01) EPS for the quarter, missing the Thomson Reuters' 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.

Shares of Internap 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 closing bell 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.

2 brokerages have issued 12 month target prices for Internap's shares. Their forecasts range from $8.00 to $10.00. On average, they anticipate Internap's stock price to reach $9.00 in the next twelve months. This suggests a possible upside of 66,566.7% from the stock's current price. View analysts' price targets for Internap.

Headlines about INAP stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Internap earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news articles about the information technology services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutInternap.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Internap investors own include NIO (NIO), Inovio Pharmaceuticals (INO), Akamai Technologies (AKAM), Alibaba Group (BABA), Sirius XM (SIRI), Advanced Micro Devices (AMD), General Electric (GE), Opko Health (OPK), Adaptimmune Therapeutics (ADAP) and Antares Pharma (ATRS).

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

Internap's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Gamco Investors INC. ET AL (4.92%) and Gabelli Funds LLC (3.77%). Company insiders that own Internap stock include Debora J Wilson, Gamco Investors, Inc Et Al, Gary M Pfeiffer, Peter D Aquino and Richard Ramlall. View institutional ownership trends for Internap.

INAP stock was sold by a variety of institutional investors in the last quarter, including Gabelli Funds LLC, and Gamco Investors INC. ET AL. View insider buying and selling activity for Internap.

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 $0.01.

Internap has a market capitalization of $359,383.50 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.

The official website for Internap is 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]