Airgain (NASDAQ:AIRG) Issues Q3 2026 Earnings Guidance

Airgain (NASDAQ:AIRG) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.040-0.040 for the period, compared to the consensus earnings per share estimate of 0.020. The company issued revenue guidance of $14.3 million-$16.3 million, compared to the consensus revenue estimate of $14.9 million.

Wall Street Analyst Weigh In

AIRG has been the topic of several recent research reports. Weiss Ratings raised Airgain from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 23rd. Roth Capital reiterated a “buy” rating and issued a $9.00 target price on shares of Airgain in a research report on Thursday, May 7th. Craig Hallum reissued a “buy” rating and set a $9.00 price target on shares of Airgain in a research note on Thursday, May 7th. Northland Securities set a $8.50 price target on Airgain in a report on Thursday, May 7th. Finally, Wall Street Zen downgraded Airgain from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Four investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Airgain has an average rating of “Moderate Buy” and a consensus price target of $7.70.

Airgain Price Performance

Shares of AIRG opened at $5.70 on Friday. Airgain has a one year low of $3.00 and a one year high of $7.66. The company has a market cap of $72.28 million, a PE ratio of -10.18 and a beta of 0.91. The stock has a 50-day moving average of $6.30 and a 200-day moving average of $5.77.

Airgain (NASDAQ:AIRG) last announced its earnings results on Wednesday, August 5th. The technology company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $13.70 million for the quarter, compared to analysts’ expectations of $13.45 million. Airgain had a negative return on equity of 13.80% and a negative net margin of 13.65%.Airgain has set its Q3 2026 guidance at 0.040-0.040 EPS. Analysts expect that Airgain will post -0.22 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Jacob Suen sold 4,573 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $6.51, for a total value of $29,770.23. Following the sale, the chief executive officer directly owned 281,431 shares of the company’s stock, valued at approximately $1,832,115.81. This represents a 1.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Michael Elbaz sold 3,787 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $6.77, for a total transaction of $25,637.99. Following the transaction, the chief financial officer directly owned 135,506 shares of the company’s stock, valued at approximately $917,375.62. This represents a 2.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 10,847 shares of company stock worth $72,827. 17.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Airgain

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. XTX Topco Ltd purchased a new position in Airgain in the 4th quarter worth approximately $44,000. Susquehanna International Group LLP purchased a new position in Airgain in the third quarter worth $91,000. Finally, Citadel Advisors LLC increased its stake in Airgain by 270.1% in the third quarter. Citadel Advisors LLC now owns 27,214 shares of the technology company’s stock valued at $118,000 after acquiring an additional 43,214 shares during the last quarter. 52.76% of the stock is owned by hedge funds and other institutional investors.

About Airgain

Airgain, Inc (NASDAQ: AIRG) is a provider of intelligent wireless connectivity solutions designed to enhance data transmission, network performance and antenna efficiency for a range of devices. Headquartered in San Diego, California, the company develops both embedded and external antenna systems, as well as associated connectivity software, to support wireless applications across cellular, Wi-Fi, machine-to-machine (M2M) and Internet of Things (IoT) markets.

The company’s product portfolio includes modular smart antennas, parallel path phase-diversity antennas and advanced array antenna solutions that are optimized for environments such as smart homes, industrial automation, transportation and enterprise networking.