NASDAQ:INAPInternap Stock Price, Forecast & News

Internap's stock was trading at $0.42 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, INAP shares have decreased by 79.8% and is now trading at $0.0850. 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) earnings per share 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 shares reverse split 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.

2 equities research analysts have issued 1-year target prices for Internap's shares. Their forecasts range from $8.00 to $10.00. On average, they expect Internap's share price to reach $9.00 in the next year. This suggests a possible upside of 10,488.2% from the stock's current price. View analysts' price targets for Internap.

Press coverage about INAP stock has trended somewhat positive on Wednesday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Internap earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave news headlines about the information technology services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutInternap.

Some companies that are related to Internap include Facebook (FB), Equinix (EQIX), eBay (EBAY), SEA (SE), Twitter (TWTR), CoStar Group (CSGP), Verisign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Envestnet (ENV), J2 Global (JCOM), Stamps.com (STMP), Cornerstone OnDemand (CSOD) and Cimpress (CMPR). 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 many different retail and institutional 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 $0.09.

Internap has a market capitalization of $2.26 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.

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]