Airgain (NASDAQ:AIRG) Updates Q1 2025 Earnings Guidance

Airgain (NASDAQ:AIRG) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of -0.110–0.090 for the period, compared to the consensus earnings per share estimate of -0.060. The company issued revenue guidance of $11.0 million-$13.0 million, compared to the consensus revenue estimate of $14.8 million.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on AIRG shares. Northland Securities restated an “outperform” rating and issued a $11.50 price target (up from $8.00) on shares of Airgain in a research report on Wednesday, November 13th. Craig Hallum reduced their price objective on shares of Airgain from $12.00 to $9.00 and set a “buy” rating for the company in a research report on Friday.

Airgain Trading Down 5.5 %

NASDAQ AIRG traded down $0.34 during trading on Friday, reaching $5.80. 37,487 shares of the company’s stock were exchanged, compared to its average volume of 27,677. The company’s fifty day simple moving average is $7.01 and its 200-day simple moving average is $7.90. Airgain has a fifty-two week low of $3.72 and a fifty-two week high of $10.34. The firm has a market capitalization of $65.80 million, a PE ratio of -5.09 and a beta of 0.71.

Airgain (NASDAQ:AIRG) last announced its quarterly earnings results on Thursday, February 27th. The technology company reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.14). Airgain had a negative net margin of 21.96% and a negative return on equity of 29.90%. The company had revenue of $15.08 million for the quarter, compared to analyst estimates of $16.35 million. Equities analysts forecast that Airgain will post -0.53 EPS for the current fiscal year.

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.