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NASDAQ:WIFI - Boingo Wireless Stock Price, Forecast & News

$14.39
-0.45 (-3.03 %)
(As of 02/23/2020 04:00 PM ET)
Today's Range
$14.04
Now: $14.39
$15.07
50-Day Range
$10.26
MA: $12.15
$14.84
52-Week Range
$8.85
Now: $14.39
$25.98
Volume491,384 shs
Average Volume615,479 shs
Market Capitalization$635.46 million
P/E RatioN/A
Dividend YieldN/A
Beta1.07
Boingo Wireless, Inc, together with its subsidiaries, provides wireless connectivity solutions for smartphones, tablets, laptops, wearables, and other wireless-enabled consumer devices worldwide. The company offers distributed antenna systems and small cell networks at managed and operated locations; high-speed Wi-Fi services for residential consumers on military bases and at multifamily properties; and wholesale Wi-Fi services to network operators, device manufacturers, technology companies, enterprise software and services companies, venue operators, and financial services companies, as well as retail Internet access services. Read More…

Industry, Sector and Symbol

Industry Communication services, not elsewhere classified
Sub-IndustryWireless Telecommunication Services
SectorComputer and Technology
Current SymbolNASDAQ:WIFI
CUSIP09739C10
Phone310-586-5180

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$250.82 million
Cash Flow$1.91 per share
Book Value$3.06 per share

Profitability

Net Income$-1,220,000.00

Miscellaneous

Employees460
Market Cap$635.46 million
Next Earnings Date3/2/2020 (Confirmed)
OptionableOptionable

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Boingo Wireless (NASDAQ:WIFI) Frequently Asked Questions

What is Boingo Wireless' stock symbol?

Boingo Wireless trades on the NASDAQ under the ticker symbol "WIFI."

How were Boingo Wireless' earnings last quarter?

Boingo Wireless Inc (NASDAQ:WIFI) announced its quarterly earnings results on Thursday, November, 1st. The technology company reported ($0.01) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.10) by $0.09. The technology company earned $65.25 million during the quarter, compared to analysts' expectations of $63.32 million. Boingo Wireless had a negative net margin of 1.76% and a negative return on equity of 4.52%. The company's revenue was up 21.6% on a year-over-year basis. During the same period in the prior year, the company posted ($0.09) EPS. View Boingo Wireless' Earnings History.

When is Boingo Wireless' next earnings date?

Boingo Wireless is scheduled to release their next quarterly earnings announcement on Monday, March 2nd 2020. View Earnings Estimates for Boingo Wireless.

How can I listen to Boingo Wireless' earnings call?

Boingo Wireless will be holding an earnings conference call on Monday, March 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for WIFI?

6 brokers have issued 12-month target prices for Boingo Wireless' shares. Their forecasts range from $15.00 to $30.00. On average, they expect Boingo Wireless' share price to reach $22.75 in the next twelve months. This suggests a possible upside of 58.1% from the stock's current price. View Analyst Price Targets for Boingo Wireless.

What is the consensus analysts' recommendation for Boingo Wireless?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boingo Wireless in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Boingo Wireless.

What are Wall Street analysts saying about Boingo Wireless stock?

Here are some recent quotes from research analysts about Boingo Wireless stock:
  • 1. According to Zacks Investment Research, "Boingo Wireless, Inc. is a Wi-Fi software and services provider. Boingo users can access the mobile Internet via Boingo Network locations that include the airports, hotel chains, cafés and coffee shops, restaurants, convention centers and metropolitan hot zones. The company provides its solutions to individual users and partners consisting of telecom operators, network operators, cable companies, technology companies, enterprise software and services companies, and communications companies. Boingo Wireless, Inc. is headquartered in Los Angeles, California. " (1/11/2020)
  • 2. Northland Securities analysts commented, "We believe WIFI’s maintained guidance for 2019, substantial DAS backlog, increasing carrier offload usage and solid growth opportunities within the Multi-Family segment will continue to benefit the company going forward. We therefore maintain our OP rating and $30 price target. Key Points WIFI reported Q2:19 revenue and adjusted EBITDA of $68.6M and $21.9M, ahead of our $68.2M and $21.4M estimates, and in-line with guidance of $66-71M and $20-24M, respectively. Overall revenue growth of ~15% YoY was driven by growth in DAS (+26% YoY) revenues. The DAS segment benefited from access fee revenue growth of ~81% YoY, as well as a ~29% increase in DAS nodes deployed (~31.1K nodes are now deployed, with ~24.2K nodes in backlog)." (8/2/2019)

Has Boingo Wireless been receiving favorable news coverage?

Media stories about WIFI stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing 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. Boingo Wireless earned a coverage optimism score of -1.8 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Boingo Wireless.

Who are some of Boingo Wireless' key competitors?

What other stocks do shareholders of Boingo Wireless own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Boingo Wireless investors own include Alibaba Group (BABA), Advanced Micro Devices (AMD), NVIDIA (NVDA), JD.Com (JD), Micron Technology (MU), Applied Materials (AMAT), Gilead Sciences (GILD), Paypal (PYPL), Intel (INTC) and Walt Disney (DIS).

Who are Boingo Wireless' key executives?

Boingo Wireless' management team includes the folowing people:
  • Mr. Michael J. Finley, CEO & Director (Age 58)
  • Mr. Peter Hovenier, CFO, Treasurer & Sec. (Age 51)
  • Dr. Derek Peterson, Chief Technology Officer (Age 48)
  • Ms. Dawn Callahan, Chief Marketing Officer (Age 49)
  • Mr. Tom Tracey, Sr. VP of Commercial Operations (Age 56)

Who are Boingo Wireless' major shareholders?

Boingo Wireless' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Handelsbanken Fonder AB (7.83%), Victory Capital Management Inc. (6.79%), Victory Capital Management Inc. (6.74%), Renaissance Technologies LLC (5.65%), Rice Hall James & Associates LLC (3.61%) and Granite Investment Partners LLC (2.31%). Company insiders that own Boingo Wireless stock include David Hagan, Dawn Callahan, Derek Peterson, Michael Finley, Peter Hovenier, Terrell B Jones and Tom Tracey. View Institutional Ownership Trends for Boingo Wireless.

Which institutional investors are selling Boingo Wireless stock?

WIFI stock was sold by a variety of institutional investors in the last quarter, including Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, Credit Suisse AG, Goldman Sachs Group Inc., Falcon Point Capital LLC, 361 Capital LLC, Granite Investment Partners LLC and Rice Hall James & Associates LLC. Company insiders that have sold Boingo Wireless company stock in the last year include David Hagan, Derek Peterson and Peter Hovenier. View Insider Buying and Selling for Boingo Wireless.

Which institutional investors are buying Boingo Wireless stock?

WIFI stock was bought by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Roubaix Capital LLC, Landscape Capital Management L.L.C., Monarch Partners Asset Management LLC, Assenagon Asset Management S.A., Handelsinvest Investeringsforvaltning, Manatuck Hill Partners LLC and Jacobs Levy Equity Management Inc.. View Insider Buying and Selling for Boingo Wireless.

How do I buy shares of Boingo Wireless?

Shares of WIFI 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.

What is Boingo Wireless' stock price today?

One share of WIFI stock can currently be purchased for approximately $14.39.

How big of a company is Boingo Wireless?

Boingo Wireless has a market capitalization of $635.46 million and generates $250.82 million in revenue each year. The technology company earns $-1,220,000.00 in net income (profit) each year or ($0.03) on an earnings per share basis. Boingo Wireless employs 460 workers across the globe.View Additional Information About Boingo Wireless.

What is Boingo Wireless' official website?

The official website for Boingo Wireless is http://www.boingo.com/.

How can I contact Boingo Wireless?

Boingo Wireless' mailing address is 10960 WILSHIRE BLVD. 23RD FLOOR, LOS ANGELES CA, 90024. The technology company can be reached via phone at 310-586-5180 or via email at [email protected]


MarketBeat Community Rating for Boingo Wireless (NASDAQ WIFI)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  447 (Vote Outperform)
Underperform Votes:  339 (Vote Underperform)
Total Votes:  786
MarketBeat's community ratings are surveys of what our community members think about Boingo Wireless and other stocks. Vote "Outperform" if you believe WIFI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WIFI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2020 by MarketBeat.com Staff

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