Airgain, Inc. (NASDAQ:AIRG) Stock Has Consensus Price Target of $7.70

Shares of Airgain, Inc. (NASDAQ:AIRG) have received a consensus rating of “Moderate Buy” from the five ratings firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $7.70.

Separately, Weiss Ratings raised shares of Airgain from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, July 23rd.

Insider Activity

In other news, Director James K. Sims purchased 8,269 shares of Airgain stock in a transaction that occurred on Tuesday, September 1st. The stock was acquired at an average price of $5.11 per share, for a total transaction of $42,254.59. Following the transaction, the director owned 457,733 shares in the company, valued at $2,339,015.63. The trade was a 1.84% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 17.50% of the stock is owned by corporate insiders.

Institutional Trading of Airgain

Large investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC lifted its holdings in shares of Airgain by 4.6% in the first quarter. Renaissance Technologies LLC now owns 336,336 shares of the technology company’s stock valued at $1,850,000 after purchasing an additional 14,700 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Airgain during the second quarter valued at $1,355,000. Whitcomb & Hess Inc. raised its position in Airgain by 36.0% during the second quarter. Whitcomb & Hess Inc. now owns 56,706 shares of the technology company’s stock valued at $357,000 after buying an additional 15,022 shares during the period. AXQ Capital LP acquired a new position in Airgain during the second quarter valued at $79,000. Finally, Bank of America Corp DE acquired a new position in Airgain during the second quarter valued at $77,000. 52.76% of the stock is owned by institutional investors and hedge funds.

Airgain Stock Performance

Shares of NASDAQ:AIRG opened at $4.96 on Monday. The company has a market capitalization of $64.98 million, a PE ratio of -8.86 and a beta of 0.93. The stock has a fifty day moving average of $5.39 and a 200-day moving average of $5.95. Airgain has a one year low of $3.00 and a one year high of $7.66.

Airgain (NASDAQ:AIRG) last issued its earnings results on Wednesday, August 5th. The technology company reported $0.02 earnings per share (EPS) for the quarter. Airgain had a negative return on equity of 13.72% and a negative net margin of 13.65%.The business had revenue of $13.70 million for the quarter, compared to analysts’ expectations of $13.45 million. Airgain has set its Q3 2026 guidance at 0.040-0.040 EPS. As a group, research analysts forecast that Airgain will post -0.19 EPS for the current fiscal year.

Airgain Company Profile

Airgain, Inc (NASDAQ: AIRG) develops wireless connectivity solutions that help devices and systems communicate reliably over cellular, Wi-Fi and other wireless networks. Its products are designed for applications across the automotive, broadband, enterprise, industrial and Internet of Things markets.

The company offers embedded and external antenna systems, radio-frequency components, routers and other connectivity hardware. Its solutions support technologies such as 4G LTE, 5G, Wi-Fi, GNSS and vehicle-to-everything communications, and are used in products including connected vehicles, fleet equipment, fixed wireless access systems, industrial devices and networking equipment.

Airgain also provides engineering, product-development, testing and certification services to help customers integrate wireless connectivity into their products.