Airgain (NASDAQ:AIRG) Releases Q2 2026 Earnings Guidance

Airgain (NASDAQ:AIRG) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.010-0.010 for the period, compared to the consensus estimate of -0.040. The company issued revenue guidance of $12.5 million-$14.5 million, compared to the consensus revenue estimate of $13.0 million.

Analysts Set New Price Targets

Several brokerages have issued reports on AIRG. Lake Street Capital began coverage on shares of Airgain in a research report on Wednesday, January 21st. They set a “buy” rating and a $6.00 price objective on the stock. Wall Street Zen raised shares of Airgain to a “hold” rating in a research report on Saturday, March 28th. Royal Bank Of Canada set a $6.00 price objective on shares of Airgain in a research report on Wednesday, January 21st. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Airgain in a research report on Monday, April 20th. Four investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $6.20.

Airgain Trading Down 0.5%

Shares of NASDAQ:AIRG traded down $0.04 during midday trading on Wednesday, hitting $7.10. The stock had a trading volume of 89,715 shares, compared to its average volume of 99,074. The company has a market capitalization of $89.96 million, a PE ratio of -13.39 and a beta of 0.90. The stock has a 50 day moving average price of $5.36 and a two-hundred day moving average price of $4.64. Airgain has a 1 year low of $3.00 and a 1 year high of $7.28.

Airgain (NASDAQ:AIRG) last issued its earnings results on Wednesday, May 6th. The technology company reported ($0.08) earnings per share for the quarter, meeting the consensus estimate of ($0.08). The business had revenue of $11.51 million for the quarter, compared to the consensus estimate of $11.48 million. Airgain had a negative net margin of 12.41% and a negative return on equity of 16.82%. Airgain has set its Q2 2026 guidance at 0.010-0.010 EPS. As a group, equities analysts expect that Airgain will post -0.18 EPS for the current year.

Insider Buying and Selling

In related news, CTO Ali Sadri sold 13,638 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $4.12, for a total transaction of $56,188.56. Following the sale, the chief technology officer owned 126,263 shares of the company’s stock, valued at approximately $520,203.56. The trade was a 9.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Michael Elbaz sold 12,769 shares of the business’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $4.12, for a total transaction of $52,608.28. Following the sale, the chief financial officer directly owned 140,780 shares in the company, valued at approximately $580,013.60. This represents a 8.32% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 84,653 shares of company stock valued at $367,434. Corporate insiders own 17.80% of the company’s stock.

Institutional Trading of Airgain

A number of institutional investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd purchased a new stake in Airgain during the fourth quarter worth about $44,000. Susquehanna International Group LLP purchased a new stake in Airgain during the third quarter worth about $91,000. Finally, Citadel Advisors LLC lifted its holdings in shares of Airgain by 270.1% in the third quarter. Citadel Advisors LLC now owns 27,214 shares of the technology company’s stock valued at $118,000 after purchasing an additional 43,214 shares in the last quarter. Hedge funds and other institutional investors own 52.76% of the company’s stock.

About Airgain

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.