Should I buy or sell Airgain stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Airgain in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AIRG shares. View AIRG analyst ratings or view top-rated stocks .

What is Airgain's stock price target for 2024?

2 brokerages have issued twelve-month price objectives for Airgain's stock. Their AIRG share price targets range from $5.50 to $8.00. On average, they predict the company's stock price to reach $6.50 in the next twelve months. This suggests a possible upside of 18.0% from the stock's current price. View analysts price targets for AIRG or view top-rated stocks among Wall Street analysts .

How have AIRG shares performed in 2024?

Airgain's stock was trading at $3.56 at the start of the year. Since then, AIRG stock has increased by 54.8% and is now trading at $5.51. View the best growth stocks for 2024 here .

Are investors shorting Airgain?

Airgain saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 112,700 shares, a drop of 14.5% from the March 15th total of 131,800 shares. Based on an average daily volume of 23,100 shares, the short-interest ratio is currently 4.9 days. Approximately 1.3% of the shares of the company are sold short. View Airgain's Short Interest .

When is Airgain's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our AIRG earnings forecast .

How were Airgain's earnings last quarter?

Airgain, Inc. (NASDAQ:AIRG) announced its quarterly earnings data on Wednesday, March, 6th. The technology company reported ($0.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.29) by $0.15. The technology company had revenue of $10.07 million for the quarter, compared to analyst estimates of $10 million. Airgain had a negative trailing twelve-month return on equity of 24.77% and a negative net margin of 22.18%.

What guidance has Airgain issued on next quarter's earnings?

Airgain updated its first quarter 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share (EPS) guidance of -0.060--0.060 for the period, compared to the consensus EPS estimate of -0.140. The company issued revenue guidance of $13.3 million-$14.7 million, compared to the consensus revenue estimate of $11.9 million.

What other stocks do shareholders of Airgain own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Airgain investors own include Clovis Oncology (CLVS) , NVIDIA (NVDA) , Twilio (TWLO) , Boeing (BA) , Himax Technologies (HIMX) , Block (SQ) , Liquidity Services (LQDT) , PayPal (PYPL) , Horizon Therapeutics Public (HZNP) and Marvell Technology (MRVL) .

When did Airgain IPO?

Airgain (AIRG) raised $14 million in an initial public offering on Friday, August 12th 2016. The company issued 1,500,000 shares at a price of $9.00-$10.00 per share. Northland Capital Markets and Wunderlich served as the underwriters for the IPO.

How do I buy shares of Airgain?

Shares of AIRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Airgain have any subsidiaries?

The following companies are subsidiares of Airgain: Antenna Plus, NimbeLink, and Skycross. Read More

NASDAQ:AIRG

Airgain (AIRG) Stock Price, News & Analysis

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Free AIRG Stock Alerts

$5.51

+0.02 (+0.36%)

(As of 04/17/2024 ET)

Compare

Today's Range: $5.34
▼
$5.61
50-Day Range: $3.81
▼
$5.56
52-Week Range: $1.63
▼
$6.37

Volume: 3,730 shs
Average Volume: 21,888 shs
Market Capitalization: $57.91 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.50

Get Airgain alerts:

Airgain MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 18.0% Upside
$6.50 Price Target
Short Interest: Healthy
1.29% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.96
Based on 4 Articles This Week
Insider Trading: Selling Shares
$122,510 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.44) to ($0.08) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.87 out of 5 stars

Computer And Technology Sector

441st out of 587 stocks

Communication Equipment Industry

2nd out of 2 stocks

2.3

Analyst's Opinion

Consensus Rating
Airgain has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Airgain has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.29% of the float of Airgain has been sold short.
Short Interest Ratio / Days to Cover
Airgain has a short interest ratio ("days to cover") of 4.9.
Change versus previous month
Short interest in Airgain has recently decreased by 14.49%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Airgain does not currently pay a dividend.
Dividend Growth
Airgain does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AIRG.

3.3

News and Social Media Coverage

News Sentiment
Airgain has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Airgain this week, compared to 1 article on an average week.
MarketBeat Follows
2 people have added Airgain to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Airgain insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $122,510.00 in company stock.
Percentage Held by Insiders
15.30% of the stock of Airgain is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
52.76% of the stock of Airgain is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Airgain are expected to grow in the coming year, from ($0.44) to ($0.08) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Airgain is -4.63, 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. Sector
The P/E ratio of Airgain is -4.63, 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 Ratio
Airgain has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Airgain Stock (NASDAQ:AIRG)

Airgain, Inc. provides wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems worldwide. The company's products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; profile ceramic embedded antenna; ultra embedded antennas; and SmartMax embedded antennas. It offers embedded and NimbeLink embedded moderms; custom cellular solutions; cellular IoT development; cellular IoT development kits; and IoT data plans. In addition, the company provides 5G connectivity, smart repeaters, and fixed wireless access; asset tracking solutions, devices, and partners; and external antennas, fleet antennas, IoT antennas, network antennas, vehicle networking, partner solutions, and accessories. It offers its products under the Antenna Plus brand. It serves industrial, consumer, automotive fleet, enterprise, energy, medical, transportation, agriculture, services, and public safety markets. The company was formerly known as AM Group and changed its name to Airgain, Inc. in 2004. Airgain, Inc. was incorporated in 1995 and is headquartered in San Diego, California.

AIRG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AIRG Stock News Headlines

March 22, 2024 | insidertrades.com

Airgain, Inc. (NASDAQ:AIRG) CFO Sells $20,471.40 in Stock

March 21, 2024 | insidertrades.com

Michael Elbaz Sells 3,782 Shares of Airgain, Inc. (NASDAQ:AIRG) Stock

April 17, 2024 | DTI (Ad)

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April 17, 2024 | msn.com

Here's Why Momentum in Airgain (AIRG) Should Keep going

April 14, 2024 | americanbankingnews.com

Airgain (NASDAQ:AIRG) Coverage Initiated by Analysts at StockNews.com

April 14, 2024 | americanbankingnews.com

Airgain, Inc. (NASDAQ:AIRG) Short Interest Down 14.5% in March

March 29, 2024 | finance.yahoo.com

Here's What Could Help Airgain (AIRG) Maintain Its Recent Price Strength

March 26, 2024 | investorplace.com

Double Down: 7 Beaten-Down Growth Stocks to Buy Hand Over Fist

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March 19, 2024 | finance.yahoo.com

AIRG- A Wireless Systems Provider and Compelling Turnaround Story

March 18, 2024 | finance.yahoo.com

Airgain Signs Global Distribution Agreement with Techship

March 16, 2024 | finance.yahoo.com

AIRG Apr 2024 2.500 call

March 14, 2024 | uk.finance.yahoo.com

Global Automotive Smart Antenna Market Forecast Report 2024-2030: Significant Revenue Contribution by Premium Vehicle Sales

March 9, 2024 | finance.yahoo.com

US$6.33 - That's What Analysts Think Airgain, Inc. (NASDAQ:AIRG) Is Worth After These Results

March 8, 2024 | finance.yahoo.com

Airgain Full Year 2023 Earnings: EPS Misses Expectations

March 7, 2024 | businesswire.com

Airgain to Attend the 36th Annual ROTH Conference on March 17-19, 2024

March 7, 2024 | finance.yahoo.com

Airgain, Inc. (NASDAQ:AIRG) Q4 2023 Earnings Call Transcript

March 7, 2024 | finance.yahoo.com

Q4 2023 Airgain Inc Earnings Call

March 6, 2024 | benzinga.com

Airgain: Q4 Earnings Insights

March 6, 2024 | msn.com

AIRG Stock Earnings: Airgain Misses EPS, Beats Revenue for Q4 2023

March 6, 2024 | sg.finance.yahoo.com

Airgain Awarded Multi-Million Dollar Tier One MSO Wi-Fi 7 Design Win

March 6, 2024 | businesswire.com

Airgain® Reports Fourth Quarter and Full Year 2023 Financial Results

March 6, 2024 | businesswire.com

Airgain® Reports Fourth Quarter and Full Year 2023 Financial Results

February 28, 2024 | finance.yahoo.com

ANET Mar 2024 300.000 call

February 26, 2024 | finance.yahoo.com

Airgain Announces New Asset Tracking Solution for Lenovo ThinkEdge Servers

February 26, 2024 | businesswire.com

Airgain Announces New Asset Tracking Solution for Lenovo ThinkEdge Servers

February 21, 2024 | tmcnet.com

Airgain Sets Fourth Quarter and Full Year 2023 Earnings Call…

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Communication Equipment
Sub-Industry: N/A
Current Symbol: NASDAQ:AIRG
CUSIP: N/A
CIK: 1272842
Web: www.airgain.com
Phone: (760) 579-0200
Fax: 760-579-0892
Employees: 122
Year Founded: 1995

Price Target and Rating

Average Stock Price Target: $6.50
High Stock Price Target: $8.00
Low Stock Price Target: $5.50
Potential Upside/Downside: +18.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.19)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-12,430,000.00
Net Margins: -22.18%
Pretax Margin: -21.95%
Return on Equity: -24.77%
Return on Assets: -18.74%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.91
Quick Ratio: 1.67

Sales & Book Value

Annual Sales: $56.04 million
Price / Sales: 1.03
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.01 per share
Price / Book: 1.83

Miscellaneous

Outstanding Shares: 10,510,000
Free Float: 8,898,000
Market Cap: $57.91 million
Optionable: Optionable
Beta: 0.85

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Key Executives

Mr. Jacob Suen (Age 50)
President, CEO, Chief Revenue Officer & Director
Comp: $712.36k
Mr. Michael Elbaz (Age 59)
CFO, Secretary and Principal Financial & Accounting Officer
Comp: $285.64k
Mr. Victor Blair
Vice President of Operations
Dr. Ali S. Sadri Ph.D. (Age 60)
Chief Technology Officer
Ms. Alexis C. Waadt
Director of Investor Relations
Mr. Leonard Johnson (Age 69)
Advisor
Comp: $425k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AIRG Stock Analysis - Frequently Asked Questions

Should I buy or sell Airgain stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Airgain in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AIRG shares.
View AIRG analyst ratings or view top-rated stocks.
What is Airgain's stock price target for 2024?: 2 brokerages have issued twelve-month price objectives for Airgain's stock. Their AIRG share price targets range from $5.50 to $8.00. On average, they predict the company's stock price to reach $6.50 in the next twelve months. This suggests a possible upside of 18.0% from the stock's current price.
View analysts price targets for AIRG or view top-rated stocks among Wall Street analysts.
How have AIRG shares performed in 2024?: Airgain's stock was trading at $3.56 at the start of the year. Since then, AIRG stock has increased by 54.8% and is now trading at $5.51.
View the best growth stocks for 2024 here.
Are investors shorting Airgain?: Airgain saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 112,700 shares, a drop of 14.5% from the March 15th total of 131,800 shares. Based on an average daily volume of 23,100 shares, the short-interest ratio is currently 4.9 days. Approximately 1.3% of the shares of the company are sold short.
View Airgain's Short Interest.
When is Airgain's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our AIRG earnings forecast.
How were Airgain's earnings last quarter?: Airgain, Inc. (NASDAQ:AIRG) announced its quarterly earnings data on Wednesday, March, 6th. The technology company reported ($0.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.29) by $0.15. The technology company had revenue of $10.07 million for the quarter, compared to analyst estimates of $10 million. Airgain had a negative trailing twelve-month return on equity of 24.77% and a negative net margin of 22.18%.

What guidance has Airgain issued on next quarter's earnings?: Airgain updated its first quarter 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share (EPS) guidance of -0.060--0.060 for the period, compared to the consensus EPS estimate of -0.140. The company issued revenue guidance of $13.3 million-$14.7 million, compared to the consensus revenue estimate of $11.9 million.
What other stocks do shareholders of Airgain own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Airgain investors own include Clovis Oncology (CLVS), NVIDIA (NVDA), Twilio (TWLO), Boeing (BA), Himax Technologies (HIMX), Block (SQ), Liquidity Services (LQDT), PayPal (PYPL), Horizon Therapeutics Public (HZNP) and Marvell Technology (MRVL).
When did Airgain IPO?: Airgain (AIRG) raised $14 million in an initial public offering on Friday, August 12th 2016. The company issued 1,500,000 shares at a price of $9.00-$10.00 per share. Northland Capital Markets and Wunderlich served as the underwriters for the IPO.
How do I buy shares of Airgain?: Shares of AIRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Airgain have any subsidiaries?: The following companies are subsidiares of Airgain: Antenna Plus, NimbeLink, and Skycross.
Read More

This page (NASDAQ:AIRG) was last updated on 4/17/2024 by MarketBeat.com Staff

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