AirgainAIRG
AIRG
About: Airgain Inc is engaged in providing antenna technologies. These technologies can be used to enable performance wireless networking across devices and markets which include connected homes, enterprises, automotive, and the Internet of Things. It also provides solutions to complex radio frequency, engineering challenges, and improving wireless service that require higher throughput, broad coverage footprint, and carrier-grade quality. Geographically, it derives maximum revenue from North America and also has a presence in China and the Rest of the World. The company products include Antenna Plus: Fleet, M2M, IoT Antennas, Carrier-Class Antenna, Embedded Antennas, and External Dipole Antennas.
Employees: 122
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
21% more capital invested
Capital invested by funds: $25.9M [Q2] → $31.4M (+$5.55M) [Q3]
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 41 [Q2] → 42 (+1) [Q3]
2.83% less ownership
Funds ownership: 39.68% [Q2] → 36.85% (-2.83%) [Q3]
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
76% less call options, than puts
Call options by funds: $21K | Put options by funds: $87K
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$11.50
65%
upside
Avg. target
$11.75
68%
upside
High target
$12
72%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Craig-Hallum Anthony Stoss 43% 1-year accuracy 15 / 35 met price target | 72%upside $12 | Buy Maintained | 13 Nov 2024 |
Northland Capital Markets Gus Richard 54% 1-year accuracy 15 / 28 met price target | 65%upside $11.50 | Outperform Reiterated | 13 Nov 2024 |
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
Airgain's 220% Rise Comes With Questions About Longevity
Airgain, Inc. (NASDAQ: AIRG) has shown impressive growth with a 1-year gain of +220%, driven by strong sales in consumer and automotive markets. Despite rising sales and improving margins, Airgain struggles with profitability, negative cash flow, and challenges in the enterprise market. The company's potential market is projected to grow significantly, but high operating expenses and macroeconomic pressures pose risks.
Neutral
Seeking Alpha
1 month ago
Airgain, Inc. (AIRG) Q3 2024 Earnings Call Transcript
Airgain, Inc. (NASDAQ:AIRG ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Jacob Suen - President and Chief Executive Officer Michael Elbaz - Chief Financial Officer Conference Call Participants Anthony Stoss - Craig-Hallum Capital Group LLC Tim Savageaux - Northland Capital Markets Scott Searle - ROTH Capital Partners Operator Good afternoon. Welcome to Airgain's Third Quarter 2024 Earnings Conference Call.
Positive
Zacks Investment Research
1 month ago
Airgain (AIRG) Reports Break-Even Earnings for Q3
Airgain (AIRG) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.06 per share a year ago.
Neutral
Business Wire
1 month ago
Airgain® Reports Third Quarter 2024 Financial Results
SAN DIEGO--(BUSINESS WIRE)--Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems across the globe, today reported financial results for the third quarter ended September 30, 2024. “We achieved solid sequential revenue growth this quarter, even as we navigate a challenging macroeconomic environment,” said Jacob Suen, president and CEO of Airgain. “With third-quarter sales reach.
Neutral
Zacks Investment Research
1 month ago
AIRG Launches AI Integrated Asset Tracking Solution: Stock to Gain?
Airgain unveils its first AI-integrated asset tracking solution for real-time tracking across ground and air transportation.
Neutral
Business Wire
1 month ago
Airgain Launches Its First Integrated Artificial Intelligence AT-Flight Asset Tracking Solution
SAN DIEGO--(BUSINESS WIRE)---- $AIRG #5g--Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions, has released the AT-Flight asset tracker, targeting the healthcare and life sciences IoT markets. Designed for high-value, temperature-sensitive assets, the AT-Flight offers an ideal solution for real-time tracking across ground and air transportation, ensuring compliance and operational efficiency in cold chain logistics and other critical healthcare applications. The AT-Flight comb.
Neutral
Business Wire
1 month ago
Airgain Sets November Financial Conference Schedule
SAN DIEGO--(BUSINESS WIRE)--Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems across the globe, is scheduled to participate at the following financial conferences in November: 15th Annual Craig-Hallum Alpha Select Conference Participating in-person Tuesday, November 19, 2024 (one-on-one and small group meetings) Sheraton New York Times Square Hotel in New York, NY Executive.
Neutral
Business Wire
2 months ago
Airgain Reports Granting of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)
SAN DIEGO--(BUSINESS WIRE)--Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems across the globe, today announced that it has granted inducement awards to two new employees who recently joined the Company. The awards were made on October 16, 2024, under Airgain's 2021 Employment Inducement Incentive Award Plan, which provides for the granting of equity awards to new employees.
Neutral
Business Wire
2 months ago
Airgain Sets Third Quarter 2024 Earnings Call for Tuesday, November 12, 2024 at 5:00 p.m. ET
SAN DIEGO--(BUSINESS WIRE)--Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems across the globe, will hold a conference call on Tuesday, November 12, 2024 at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2024. Airgain management will host the presentation, followed by a question-and-answer period. D.
Negative
Zacks Investment Research
2 months ago
Are Computer and Technology Stocks Lagging Airgain (AIRG) This Year?
Here is how Airgain (AIRG) and TSMC (TSM) have performed compared to their sector so far this year.
Charts implemented using Lightweight Charts™