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

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

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

Boingo Wireless is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Boingo Wireless.

Boingo Wireless updated its FY19 earnings guidance on Tuesday, November, 5th. The company provided earnings per share (EPS) guidance of $(0.32-0.23) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.26). The company issued revenue guidance of $267-273 million, compared to the consensus revenue estimate of $269.87 million.

6 Wall Street analysts have issued 1-year 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 80.6% from the stock's current price. View Analyst Price Targets 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.

News coverage about WIFI stock has been trending somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. 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 media sentiment score of 2.0 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Boingo Wireless.

Boingo Wireless saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 3,830,000 shares, a decline of 7.5% from the December 15th total of 4,140,000 shares. Based on an average daily volume of 593,400 shares, the days-to-cover ratio is presently 6.5 days. Currently, 9.1% of the shares of the stock are short sold. View Boingo Wireless' Current Options Chain.

Some companies that are related to Boingo Wireless include CROWN CASTLE IN/SH SH (CCI), SBA Communications (SBAC), Sprint (S), BlackBerry (BB), United States Cellular (USM), Telephone & Data Systems (TDS), Shenandoah Telecommunications (SHEN) and Spok (SPOK).

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

Boingo Wireless' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Roubaix Capital LLC (0.61%), Assenagon Asset Management S.A. (0.54%), Mission Wealth Management LP (0.03%), Alpine Global Management LLC (0.02%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). 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.

WIFI stock was sold by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank . 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.

WIFI stock was purchased by a variety of institutional investors in the last quarter, including Roubaix Capital LLC, Assenagon Asset Management S.A., Mission Wealth Management LP and Alpine Global Management LLC. View Insider Buying and Selling for 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.

One share of WIFI stock can currently be purchased for approximately $12.60.

Boingo Wireless has a market capitalization of $556.43 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.

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

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]