Airgain (NASDAQ:AIRG) Issues Q1 2025 Earnings Guidance

Airgain (NASDAQ:AIRG) announced an update to its earnings guidance for the first quarter of 2025. The company provided a projected earnings per share (EPS) range of -0.110 to -0.090, which falls short of the consensus EPS estimate of -0.060. In terms of revenue, Airgain expects to generate between $11.0 million and $13.0 million, whereas the market consensus estimate was $14.8 million.

Analysts Adjust Price Targets

Recently, several analysts have shared their views on Airgain's stock. For instance, Craig Hallum raised their price target for AIRG from $8.00 to $12.00 and labeled it as a "buy" in a report dated November 13th. Similarly, Northland Securities reiterated an "outperform" rating and increased their price target for Airgain to $11.50, up from $8.00, also on November 13th.

Airgain Stock Performance

On Thursday, shares of Airgain saw a decline of 7.3%, trading at $6.14. During this trading session, 24,534 shares exchanged hands, compared to an average volume of 27,419. Over the past year, the stock has fluctuated, reaching a low of $3.72 and a high of $10.34. The company’s 50-day moving average stands at $7.05, while the 200-day moving average is $7.92. Currently, Airgain has a market capitalization of $69.69 million, a negative price-to-earnings ratio of -5.39, and a beta of 0.71.

In its most recent quarterly earnings announcement on February 27th, Airgain reported an EPS of ($0.11), which was below the consensus estimate of $0.03 by $0.14. Furthermore, the company experienced a negative return on equity of 29.90% and a negative net margin of 21.96%. Analysts predict that Airgain will report an EPS of -0.53 for the current fiscal year.

Company Overview

Airgain, Inc. specializes in providing wireless connectivity solutions, developing and delivering embedded components, external antennas, and integrated systems globally. Its product lineup includes various antennas like MaxBeam embedded antennas, profile embedded antennas, and SmartMax embedded antennas.

Investing Considerations

Before considering an investment in Airgain, it is important to review various analysts' ratings and insights. While some analysts see potential in the stock, others suggest alternative investments. It's advisable to evaluate the current market offering thoroughly.

Earnings, Shares, Guidance, Revenue, Analysts