Airgain (NASDAQ:AIRG – Get Free Report) updated its fourth quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.050-0.050 for the period, compared to the consensus earnings per share estimate of 0.070. The company issued revenue guidance of $15.5 million-$17.5 million, compared to the consensus revenue estimate of $16.1 million.
Analyst Ratings Changes
Several brokerages have commented on AIRG. Weiss Ratings restated a “sell (d-)” rating on shares of Airgain in a research note on Wednesday, October 21st. Northland Securities downgraded Airgain from an “outperform” rating to a “market perform” rating and set a $4.50 price objective for the company. in a research report on Thursday. Finally, Wall Street Zen lowered Airgain from a “buy” rating to a “hold” rating in a research report on Sunday, October 18th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $6.90.
Check Out Our Latest Analysis on Airgain
Airgain Stock Performance
Airgain stock opened at $3.71 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.10 and a quick ratio of 1.71. The company’s 50-day moving average price is $4.55 and its two-hundred day moving average price is $5.45. Airgain has a 52 week low of $3.00 and a 52 week high of $7.66.
Airgain (NASDAQ:AIRG – Get Free Report) last released its quarterly earnings results on Tuesday, November 10th. The technology company reported $0.04 EPS for the quarter, hitting analysts’ consensus estimates of $0.04. The company had revenue of $15.32 million for the quarter, compared to the consensus estimate of $15.24 million. Airgain had a negative net margin of 12.59% and a negative return on equity of 13.65%. As a group, analysts expect that Airgain will post -0.19 EPS for the current fiscal year.
Insider Activity at Airgain
In related news, Director James K. Sims acquired 8,269 shares of the stock in a transaction that occurred on Tuesday, September 1st. The shares were acquired at an average price of $5.11 per share, for a total transaction of $42,254.59. Following the completion of the purchase, the director directly owned 457,733 shares of the company’s stock, valued at $2,339,015.63. The trade was a 1.84% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders have purchased a total of 16,500 shares of company stock worth $84,821 in the last quarter. 17.50% of the stock is owned by company insiders.
About Airgain
Airgain, Inc. is a wireless connectivity company that designs and develops antenna systems, embedded components and related products for connected devices and networks. Its technologies are intended to improve the performance, reliability and coverage of wireless communications across cellular, Wi-Fi and other radio-frequency applications. The company serves markets including automotive, consumer electronics, enterprise networking, public safety, fixed wireless access and the Internet of Things.
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