Airgain (NASDAQ:AIRG) Releases Earnings Results, Misses Expectations By $0.14 EPS

Airgain (NASDAQ:AIRG) released its quarterly earnings data on Thursday. The technology company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.14), Zacks reports. Airgain had a negative return on equity of 29.90% and a negative net margin of 21.96%. Airgain updated its Q1 2025 guidance to -0.110–0.090 EPS.

Airgain Price Performance

Shares of Airgain stock opened at $6.14 on Friday. Airgain has a 1 year low of $3.72 and a 1 year high of $10.34. The business has a 50 day moving average price of $7.03 and a 200 day moving average price of $7.91. The company has a market capitalization of $69.66 million, a P/E ratio of -5.39 and a beta of 0.71.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AIRG. Craig Hallum increased their price target on shares of Airgain from $8.00 to $12.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Northland Securities reaffirmed an “outperform” rating and issued a $11.50 target price (up from $8.00) on shares of Airgain in a report on Wednesday, November 13th.

Airgain Company Profile

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.