NASDAQ:WIFI Boingo Wireless Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Boingo Wireless Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $10.29 -0.21 (-2.00 %) (As of 09/22/2020 04:04 PM ET) Add Compare Share Today's Range$10.28Now: $10.29▼$10.8050-Day Range$11.39MA: $13.06▼$14.4552-Week Range$6.66Now: $10.29▼$15.92Volume28,344 shsAverage Volume643,281 shsMarket Capitalization$457.58 millionP/E RatioN/ADividend YieldN/ABeta0.95 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. It serves largest carriers, telecommunications service providers, global consumer brands, and property owners, as well as troops stationed at military bases and Internet savvy consumers. The company was formerly known as Project Mammoth, Inc. and changed its name to Boingo Wireless, Inc. in October 2001. Boingo Wireless, Inc. was founded in 2001 and is headquartered in Los Angeles, California.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingBoingo Wireless has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.50, Boingo Wireless has a forecasted upside of 86.1% from its current price of $10.48.Amount of Analyst CoverageBoingo Wireless has only been the subject of 4 research reports in the past 90 days. Previous Next 2.8 Community Rank Outperform VotesBoingo Wireless has received 471 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBoingo Wireless has received 358 “underperform” votes. (Add your “underperform” vote.)Community SentimentBoingo Wireless has received 56.82% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldBoingo Wireless does not currently pay a dividend.Dividend GrowthBoingo Wireless does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Boingo Wireless insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $444,249.00 in company stock.Percentage Held by InsidersOnly 4.30% of the stock of Boingo Wireless is held by insiders.Percentage Held by Institutions89.16% of the stock of Boingo Wireless is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Boingo Wireless are expected to grow in the coming year, from ($0.44) to ($0.31) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Boingo Wireless is -29.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Boingo Wireless is -29.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBoingo Wireless has a P/B Ratio of 4.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.57 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Communication services, not elsewhere classified Sub-IndustryWireless Telecommunication Services SectorComputer and Technology Current SymbolNASDAQ:WIFI Previous Symbol CUSIP09739C10 CIK1169988 Webwww.boingo.com Phone310-586-5180Debt Debt-to-Equity Ratio2.63 Current Ratio0.94 Quick Ratio0.94Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$263.79 million Price / Sales1.73 Cash Flow$1.40 per share Price / Cash Flow7.35 Book Value$2.12 per share Price / Book4.85Profitability EPS (Most Recent Fiscal Year)($0.23) Net Income$-10,300,000.00 Net Margins-6.40% Return on Equity-17.43% Return on Assets-2.43%Miscellaneous Employees460 Outstanding Shares44,468,000Market Cap$457.58 million Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $10.29 -0.21 (-2.00 %) (As of 09/22/2020 04:04 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive WIFI News and Ratings via Email Sign-up to receive the latest news and ratings for WIFI and its competitors with MarketBeat's FREE daily newsletter. Boingo Wireless (NASDAQ:WIFI) Frequently Asked Questions How has Boingo Wireless' stock price been impacted by COVID-19? Boingo Wireless' stock was trading at $10.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WIFI stock has decreased by 2.1% and is now trading at $10.29. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Boingo Wireless? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boingo Wireless in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Boingo Wireless. When is Boingo Wireless' next earnings date? Boingo Wireless is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for Boingo Wireless. How were Boingo Wireless' earnings last quarter? Boingo Wireless Inc (NASDAQ:WIFI) posted its quarterly earnings results on Tuesday, August, 4th. The technology company reported ($0.13) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.08) by $0.05. The technology company had revenue of $58.67 million for the quarter, compared to analyst estimates of $61.32 million. Boingo Wireless had a negative net margin of 6.40% and a negative return on equity of 17.43%. View Boingo Wireless' earnings history. What price target have analysts set for WIFI? 8 brokerages have issued 1 year price objectives for Boingo Wireless' shares. Their forecasts range from $17.00 to $22.00. On average, they expect Boingo Wireless' stock price to reach $19.50 in the next twelve months. This suggests a possible upside of 89.5% from the stock's current price. View analysts' price targets for Boingo Wireless. Who are some of Boingo Wireless' key competitors? Some companies that are related to Boingo Wireless include CROWN CASTLE IN/SH SH (CCI), SBA Communications (SBAC), United States Cellular (USM), BlackBerry (BB), Shenandoah Telecommunications (SHEN), Telephone & Data Systems (TDS) and Spok (SPOK). View all 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 Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), JD.Com (JD), Intel (INTC), Alibaba Group (BABA), Marvell Technology Group (MRVL), Square (SQ), salesforce.com (CRM) and QUALCOMM (QCOM). Who are Boingo Wireless' key executives? Boingo Wireless' management team includes the following 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) What is Boingo Wireless' stock symbol? Boingo Wireless trades on the NASDAQ under the ticker symbol "WIFI." Who are Boingo Wireless' major shareholders? Boingo Wireless' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.65%), Handelsbanken Fonder AB (4.62%), Granite Investment Partners LLC (4.00%), Victory Capital Management Inc. (3.57%), Stephens Investment Management Group LLC (2.15%) and Nuveen Asset Management LLC (1.75%). Company insiders that own Boingo Wireless stock include David Hagan, Dawn Callahan, Derek Peterson, Michael Finley and Peter Hovenier. 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 Victory Capital Management Inc., Handelsbanken Fonder AB, Monarch Partners Asset Management LLC, AWM Investment Company Inc., Vanguard Group Inc., Handelsinvest Investeringsforvaltning, New York State Common Retirement Fund, and Balyasny Asset Management LLC. Company insiders that have sold Boingo Wireless company stock in the last year include Dawn Callahan, and Derek Peterson. View insider buying and selling activity 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 Intrinsic Edge Capital Management LLC, Nordea Investment Management AB, Nuveen Asset Management LLC, Bank of Montreal Can, SG Americas Securities LLC, Russell Investments Group Ltd., PDT Partners LLC, and Jacobs Levy Equity Management Inc.. View insider buying and selling activity 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 $10.29. How big of a company is Boingo Wireless? Boingo Wireless has a market capitalization of $457.58 million and generates $263.79 million in revenue each year. The technology company earns $-10,300,000.00 in net income (profit) each year or ($0.23) on an earnings per share basis. Boingo Wireless employs 460 workers across the globe. What is Boingo Wireless' official website? The official website for Boingo Wireless is 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] This page was last updated on 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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