Airgain Future Growth

Future criteria checks 2/6

Airgain is forecast to grow earnings and revenue by 88.9% and 21.5% per annum respectively while EPS is expected to grow by 90.2% per annum.

Key information

88.9%

Earnings growth rate

90.2%

EPS growth rate

Electronic earnings growth	14.1%
Revenue growth rate	21.5%
Future return on equity	n/a
Analyst coverage	Low
Last updated	09 May 2024

Recent future growth updates

Recent updates

Even With A 28% Surge, Cautious Investors Are Not Rewarding Airgain, Inc.'s (NASDAQ:AIRG) Performance Completely

Mar 09

A Look At The Intrinsic Value Of Airgain, Inc. (NASDAQ:AIRG)

Jan 30

There's No Escaping Airgain, Inc.'s (NASDAQ:AIRG) Muted Revenues Despite A 46% Share Price Rise

Dec 20

What Does The Future Hold For Airgain, Inc. (NASDAQ:AIRG)? These Analysts Have Been Cutting Their Estimates

Mar 18

We're Hopeful That Airgain (NASDAQ:AIRG) Will Use Its Cash Wisely

Jan 04

Airgain gets new finance chief

Oct 17

We're Not Worried About Airgain's (NASDAQ:AIRG) Cash Burn

Jul 28

Estimating The Fair Value Of Airgain, Inc. (NASDAQ:AIRG)

May 04

Earnings and Revenue Growth Forecasts

NasdaqCM:AIRG - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	79	-1	N/A	N/A	1
12/31/2024	63	-7	N/A	N/A	2
3/31/2024	54	-12	-3	-3	N/A
12/31/2023	56	-12	-4	-3	N/A
9/30/2023	66	-10	1	1	N/A
6/30/2023	71	-10	0	0	N/A
3/31/2023	75	-9	-2	-1	N/A
12/31/2022	76	-9	4	4	N/A
9/30/2022	70	-10	-3	-2	N/A
6/30/2022	66	-12	-4	-4	N/A
3/31/2022	64	-13	-4	-3	N/A
12/31/2021	64	-10	-12	-11	N/A
9/30/2021	63	-7	-7	-7	N/A
6/30/2021	61	-4	-4	-3	N/A
3/31/2021	55	-2	0	1	N/A
12/31/2020	49	-3	3	4	N/A
9/30/2020	49	-2	4	5	N/A
6/30/2020	49	-2	2	3	N/A
3/31/2020	52	-1	1	2	N/A
12/31/2019	56	1	1	2	N/A
9/30/2019	59	2	2	3	N/A
6/30/2019	62	3	2	3	N/A
3/31/2019	62	-1	2	2	N/A
12/31/2018	61	-3	0	1	N/A
9/30/2018	57	-3	-1	-1	N/A
6/30/2018	54	-3	-1	0	N/A
3/31/2018	52	0	0	1	N/A
12/31/2017	50	1	N/A	0	N/A
9/30/2017	49	2	N/A	2	N/A
6/30/2017	49	2	N/A	2	N/A
3/31/2017	46	3	N/A	2	N/A
12/31/2016	43	2	N/A	5	N/A
9/30/2016	40	0	N/A	4	N/A
6/30/2016	34	-1	N/A	3	N/A
3/31/2016	31	-3	N/A	2	N/A
12/31/2015	28	-3	N/A	2	N/A
6/30/2015	24	-2	N/A	0	N/A
3/31/2015	25	-1	N/A	1	N/A
12/31/2014	26	1	N/A	2	N/A
6/30/2014	26	2	N/A	3	N/A
3/31/2014	27	0	N/A	2	N/A
12/31/2013	25	-2	N/A	2	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AIRG is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: AIRG is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: AIRG is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: AIRG's revenue (21.5% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: AIRG's revenue (21.5% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if AIRG's Return on Equity is forecast to be high in 3 years time

Airgain Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 18% to US$7.50

Airgain, Inc. Provides Earnings Guidance for the Second Quarter Ended June 30, 2024

Consensus EPS estimates fall by 16%, revenue upgraded

Airgain, Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2023

Consensus revenue estimates fall by 11%

Airgain, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Recent updates

Price target increased by 18% to US$7.50

Airgain, Inc. Provides Earnings Guidance for the Second Quarter Ended June 30, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

New major risk - Revenue and earnings growth

Airgain’s 5G Lantern Wireless Device Certified for Use by Top Mobile Operators

New minor risk - Shareholder dilution

Airgain, Inc., Annual General Meeting, Jun 12, 2024

President recently sold US$54k worth of stock

President recently sold US$54k worth of stock

Consensus EPS estimates fall by 16%, revenue upgraded

Even With A 28% Surge, Cautious Investors Are Not Rewarding Airgain, Inc.'s (NASDAQ:AIRG) Performance Completely

Full year 2023 earnings: EPS misses analyst expectations

Airgain, Inc. has filed a Follow-on Equity Offering in the amount of $5 million.

Airgain, Inc. has filed a Follow-on Equity Offering in the amount of $5 million.

Airgain, Inc. Announces New Asset Tracking Solution for Lenovo Thinkedge Servers

Airgain, IncUnveils First-of-its-kind Smart LanternTM FWA Solution at Mobile World Congress 2024

A Look At The Intrinsic Value Of Airgain, Inc. (NASDAQ:AIRG)

Now 22% undervalued

Airgain, Inc. Announces Airgainconnect Fleet

There's No Escaping Airgain, Inc.'s (NASDAQ:AIRG) Muted Revenues Despite A 46% Share Price Rise

Now 21% undervalued after recent price drop

At US$3.34, Is It Time To Put Airgain, Inc. (NASDAQ:AIRG) On Your Watch List?

New minor risk - Shareholder dilution

Airgain, Inc. (NASDAQ:AIRG) Analysts Just Cut Their EPS Forecasts Substantially

Airgain, Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2023

Second quarter 2023 earnings released: US$0.21 loss per share (vs US$0.16 loss in 2Q 2022)

New major risk - Revenue and earnings growth

Airgain Announces New High-Gain Lumos™? 5G Fixed Wireless Access Antenna

We're Not Worried About Airgain's (NASDAQ:AIRG) Cash Burn

Independent Chairman of the Board recently bought US$84k worth of stock

Consensus revenue estimates fall by 11%

Airgain, Inc. (NASDAQ:AIRG) Analysts Are Reducing Their Forecasts For This Year

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Airgain, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Airgain Expands Line of 5G Antennas with New Recon13™ Ultra-Low-Profile Rugged Antenna

Airgain, Inc. Announces Resignation of Morad Sbahi as Chief Revenue Officer

We're Not Worried About Airgain's (NASDAQ:AIRG) Cash Burn

Consensus EPS estimates upgraded to US$0.72 loss, revenue downgraded

Price target decreased by 14% to US$8.75

First quarter 2023 earnings: EPS misses analyst expectations

Airgain, Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2023

What Does The Future Hold For Airgain, Inc. (NASDAQ:AIRG)? These Analysts Have Been Cutting Their Estimates

Consensus revenue estimates decrease by 15%

Consensus revenue estimates fall by 15%

Full year 2022 earnings: EPS misses analyst expectations

Price target decreased by 22% to US$10.13

Airgain, Inc. Expands Fixed Wireless Access Offering with Integrated Reference Design

We're Hopeful That Airgain (NASDAQ:AIRG) Will Use Its Cash Wisely

Airgain® Introduces New Sub-Brands and Website to Better Reflect Pursuit of Simplifying Wireless

Consensus forecasts updated

Insufficient new directors

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target decreased to US$13.75

Airgain, Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2022

Airgain, Inc. Appoints Michael Elbaz as the Secretary

Airgain gets new finance chief

Airgain, Inc. Announces the Introduction of Directional Fixed Wireless Access Antennas

Insufficient new directors

Second quarter 2022 earnings: EPS exceeds analyst expectations

Airgain, Inc. Provides Earnings Guidance for the Third Quarter of 2022

We're Not Worried About Airgain's (NASDAQ:AIRG) Cash Burn

Airgain, Inc. to Report Q2, 2022 Results on Aug 11, 2022

Independent Director recently sold US$68k worth of stock

Airgain, Inc. Launches Citizens Broadband Radio Service and Lower C-Band Panel Antenna

Consensus forecasts updated

Airgain, Inc. Reports Impairment of Fixed Assets for the First Quarter Ended March 31, 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Airgain, Inc., Annual General Meeting, Jun 22, 2022

Price target decreased to US$15.00