Airgain (NASDAQ:AIRG – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.040-0.040 for the period, compared to the consensus earnings per share estimate of 0.020. The company issued revenue guidance of $14.3 million-$16.3 million, compared to the consensus revenue estimate of $14.9 million.
Analyst Ratings Changes
A number of research firms have commented on AIRG. Northland Securities set a $8.50 price target on Airgain in a report on Thursday, May 7th. Weiss Ratings raised Airgain from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, July 23rd. Roth Capital reiterated a “buy” rating and set a $9.00 target price on shares of Airgain in a research report on Thursday, May 7th. Wall Street Zen downgraded Airgain from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Finally, Craig Hallum reissued a “buy” rating and issued a $9.00 price target on shares of Airgain in a report on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Airgain currently has an average rating of “Moderate Buy” and a consensus target price of $7.70.
Check Out Our Latest Stock Report on Airgain
Airgain Stock Performance
Airgain (NASDAQ:AIRG – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.02 EPS for the quarter. Airgain had a negative net margin of 13.22% and a negative return on equity of 15.42%. The business had revenue of $13.70 million for the quarter, compared to analysts’ expectations of $13.45 million. Airgain has set its Q3 2026 guidance at 0.040-0.040 EPS. On average, equities research analysts forecast that Airgain will post -0.22 earnings per share for the current year.
Insider Activity at Airgain
In other news, CEO Jacob Suen sold 4,573 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $6.51, for a total transaction of $29,770.23. Following the completion of the transaction, the chief executive officer directly owned 281,431 shares in the company, valued at approximately $1,832,115.81. This represents a 1.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Michael Elbaz sold 3,787 shares of the firm’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $6.77, for a total transaction of $25,637.99. Following the completion of the transaction, the chief financial officer directly owned 135,506 shares of the company’s stock, valued at approximately $917,375.62. This trade represents a 2.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 10,847 shares of company stock valued at $72,827 in the last 90 days. 17.50% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Airgain
Institutional investors and hedge funds have recently made changes to their positions in the business. Citadel Advisors LLC raised its position in shares of Airgain by 270.1% during the 3rd quarter. Citadel Advisors LLC now owns 27,214 shares of the technology company’s stock valued at $118,000 after buying an additional 43,214 shares in the last quarter. Susquehanna International Group LLP purchased a new position in Airgain in the third quarter worth about $91,000. Finally, XTX Topco Ltd bought a new stake in Airgain during the fourth quarter worth approximately $44,000. 52.76% of the stock is owned by hedge funds and other institutional investors.
Airgain Company Profile
Airgain, Inc (NASDAQ: AIRG) is a provider of intelligent wireless connectivity solutions designed to enhance data transmission, network performance and antenna efficiency for a range of devices. Headquartered in San Diego, California, the company develops both embedded and external antenna systems, as well as associated connectivity software, to support wireless applications across cellular, Wi-Fi, machine-to-machine (M2M) and Internet of Things (IoT) markets.
The company’s product portfolio includes modular smart antennas, parallel path phase-diversity antennas and advanced array antenna solutions that are optimized for environments such as smart homes, industrial automation, transportation and enterprise networking.
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