Airgain (Nasdaq:AIRG) - Stock Price, News & Analysis

AIRG Stock Overview

Provides wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems worldwide.

About the company

AIRG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Revenue is forecast to grow 21.55% per year

Risk Analysis

Has less than 1 year of cash runway

Does not have a meaningful market cap ($73M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

Airgain, Inc. Competitors

M-tron Industries

NYSEAM:MPTI

US$89.0m

Eltek

NasdaqCM:ELTK

US$63.7m

Micropac Industries

OTCPK:MPAD

US$35.5m

Gauzy

NasdaqGM:GAUZ

US$200.8m

Price History & Performance

Summary of all time highs, changes and price drops for Airgain
Historical stock prices
Current Share Price	US$6.39
52 Week High	US$7.95
52 Week Low	US$1.63
Beta	0.75
11 Month Change	4.58%
3 Month Change	20.34%
1 Year Change	35.10%
33 Year Change	-58.21%
5 Year Change	-46.08%
Change since IPO	-20.13%

Earnings Update: Here's Why Analysts Just Lifted Their Airgain, Inc. (NASDAQ:AIRG) Price Target To US$8.00

Aug 08

A Piece Of The Puzzle Missing From Airgain, Inc.'s (NASDAQ:AIRG) 28% Share Price Climb

Jun 19

Recent updates

Earnings Update: Here's Why Analysts Just Lifted Their Airgain, Inc. (NASDAQ:AIRG) Price Target To US$8.00

Aug 08

A Piece Of The Puzzle Missing From Airgain, Inc.'s (NASDAQ:AIRG) 28% Share Price Climb

Jun 19

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

Shareholder Returns

	AIRG	US Electronic	US Market
7D	-14.6%	-9.2%	-5.7%
1Y	35.1%	6.6%	14.1%

Return vs Industry: AIRG exceeded the US Electronic industry which returned 6.9% over the past year.

Return vs Market: AIRG exceeded the US Market which returned 14.1% over the past year.

Price Volatility

Is AIRG's price volatile compared to industry and market?
AIRG volatility
AIRG Average Weekly Movement	8.8%
Electronic Industry Average Movement	6.5%
Market Average Movement	6.2%
10% most volatile stocks in US Market	14.6%
10% least volatile stocks in US Market	3.2%

Stable Share Price: AIRG has not had significant price volatility in the past 3 months.

Volatility Over Time: AIRG's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1995	122	Jacob Suen	www.airgain.com

Airgain, Inc. provides wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems worldwide. The company’s products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; profile ceramic embedded antenna; ultra embedded antennas; and SmartMax embedded antennas. It offers embedded and NimbeLink embedded moderms; custom cellular solutions; cellular IoT development; cellular IoT development kits; and IoT data plans.

Airgain, Inc. Fundamentals Summary

How do Airgain's earnings and revenue compare to its market cap?
AIRG fundamental statistics
Market cap	US$73.23m
Earnings (TTM)	-US$12.33m
Revenue (TTM)	US$53.18m

1.4x

P/S Ratio

-5.9x

P/E Ratio

Is AIRG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AIRG income statement (TTM)
Revenue	US$53.18m
Cost of Revenue	US$33.29m
Gross Profit	US$19.89m
Other Expenses	US$32.22m
Earnings	-US$12.33m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-1.09
Gross Margin	37.40%
Net Profit Margin	-23.19%
Debt/Equity Ratio	0%

How did AIRG perform over the long term?

See historical performance and comparison

AIRG Stock Overview

Rewards

Risk Analysis

Airgain, Inc. Competitors

NYSEAM:MPTI

US$89.0m

NasdaqCM:ELTK

US$63.7m

OTCPK:MPAD

US$35.5m

NasdaqGM:GAUZ

US$200.8m

Price History & Performance

Recent News & Updates

Earnings Update: Here's Why Analysts Just Lifted Their Airgain, Inc. (NASDAQ:AIRG) Price Target To US$8.00

Airgain, Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2024

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

A Piece Of The Puzzle Missing From Airgain, Inc.'s (NASDAQ:AIRG) 28% Share Price Climb

Price target increased by 18% to US$7.50

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

Recent updates

Earnings Update: Here's Why Analysts Just Lifted Their Airgain, Inc. (NASDAQ:AIRG) Price Target To US$8.00

Airgain, Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2024

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

A Piece Of The Puzzle Missing From Airgain, Inc.'s (NASDAQ:AIRG) 28% Share Price Climb

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