Airgain (NASDAQ:AIRG) Releases Q4 2024 Earnings Guidance

Airgain (NASDAQ:AIRG) updated its fourth quarter 2024 earnings guidance on Tuesday. The company provided EPS guidance of 0.020-0.020 for the period, compared to the consensus EPS estimate of 0.020. The company issued revenue guidance of $16.2 million-$18.2 million, compared to the consensus revenue estimate of $17.2 million.

Airgain Stock Performance

NASDAQ AIRG opened at $9.53 on Friday. The stock has a 50-day simple moving average of $8.56 and a 200 day simple moving average of $7.08. The stock has a market capitalization of $107.71 million, a PE ratio of -8.36 and a beta of 0.69. Airgain has a twelve month low of $2.25 and a twelve month high of $10.34.

Analyst Ratings Changes

A number of analysts have weighed in on AIRG shares. Northland Securities reissued an “outperform” rating and issued a $11.50 price target (up from $8.00) on shares of Airgain in a report on Wednesday. Craig Hallum upped their price target on Airgain from $8.00 to $12.00 and gave the company a “buy” rating in a report on Wednesday.

About Airgain

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.