Q4 EPS Estimates for Airgain Lowered by Northland Securities

Airgain, Inc. (NASDAQ:AIRGFree Report) – Equities research analysts at Northland Securities dropped their Q4 2026 earnings estimates for Airgain in a research report issued on Thursday, May 7th. Northland Securities analyst T. Savageaux now forecasts that the technology company will post earnings of $0.00 per share for the quarter, down from their prior estimate of $0.02. The consensus estimate for Airgain’s current full-year earnings is ($0.18) per share.

AIRG has been the topic of several other research reports. Craig Hallum reaffirmed a “buy” rating and set a $9.00 price target on shares of Airgain in a research report on Thursday, May 7th. Lake Street Capital started coverage on Airgain in a research note on Wednesday, January 21st. They set a “buy” rating and a $6.00 price objective on the stock. Royal Bank Of Canada set a $6.00 target price on Airgain in a report on Wednesday, January 21st. Wall Street Zen upgraded Airgain from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Roth Mkm reiterated 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 issued a Sell rating to the stock. According to MarketBeat, Airgain presently has an average rating of “Moderate Buy” and an average price target of $7.70.

Get Our Latest Analysis on AIRG

Airgain Stock Performance

AIRG opened at $6.99 on Friday. The company has a 50-day moving average of $5.66 and a 200-day moving average of $4.77. The company has a market capitalization of $88.63 million, a P/E ratio of -12.71 and a beta of 0.90. Airgain has a 1-year low of $3.00 and a 1-year high of $7.39.

Airgain (NASDAQ:AIRGGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.08). Airgain had a negative net margin of 13.22% and a negative return on equity of 15.42%. The firm had revenue of $11.51 million for the quarter, compared to analysts’ expectations of $11.48 million. Airgain has set its Q2 2026 guidance at 0.010-0.010 EPS.

Institutional Trading of Airgain

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Renaissance Technologies LLC lifted its holdings in shares of Airgain by 4.6% in the 1st quarter. Renaissance Technologies LLC now owns 336,336 shares of the technology company’s stock worth $1,850,000 after purchasing an additional 14,700 shares during the last quarter. Nano Cap New Millennium Growth Fund L P bought a new position in Airgain during the 4th quarter worth $934,000. Citadel Advisors LLC increased its position in Airgain by 270.1% in the third quarter. Citadel Advisors LLC now owns 27,214 shares of the technology company’s stock worth $118,000 after buying an additional 43,214 shares during the period. Susquehanna International Group LLP acquired a new stake in Airgain in the third quarter worth $91,000. Finally, XTX Topco Ltd bought a new stake in Airgain in the fourth quarter valued at $44,000. 52.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Airgain news, CFO Michael Elbaz sold 12,769 shares of the firm’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $4.12, for a total value of $52,608.28. Following the transaction, the chief financial officer owned 140,780 shares of the company’s stock, valued at $580,013.60. This trade represents a 8.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jacob Suen sold 37,314 shares of Airgain stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $4.12, for a total value of $153,733.68. Following the completion of the transaction, the chief executive officer owned 284,431 shares of the company’s stock, valued at approximately $1,171,855.72. The trade was a 11.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 79,927 shares of company stock valued at $353,095. Company insiders own 17.80% of the company’s stock.

Airgain Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Airgain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Airgain and related companies with MarketBeat.com's FREE daily email newsletter.