Airgain (NASDAQ:AIRG) Updates Q3 2026 Earnings Guidance

Airgain (NASDAQ:AIRG) updated its third quarter 2026 earnings guidance on Wednesday. The company provided 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.

Analyst Ratings Changes

A number of brokerages have commented on AIRG. Northland Securities set a $8.50 price target on shares of Airgain in a research report on Thursday, May 7th. Craig Hallum restated a “buy” rating and set a $9.00 target price on shares of Airgain in a research report on Thursday, May 7th. Weiss Ratings raised shares of Airgain from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, July 23rd. Roth Capital reiterated a “buy” rating and issued a $9.00 price objective on shares of Airgain in a research note on Thursday, May 7th. Finally, Wall Street Zen lowered shares of Airgain from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $7.70.

Airgain Trading Down 0.5%

Shares of AIRG traded down $0.03 during trading hours on Wednesday, reaching $5.72. 69,585 shares of the stock traded hands, compared to its average volume of 84,094. Airgain has a 52 week low of $3.00 and a 52 week high of $7.66. The company has a market cap of $72.51 million, a price-to-earnings ratio of -10.40 and a beta of 0.91. The stock has a fifty day simple moving average of $6.36 and a 200 day simple moving average of $5.75.

Airgain (NASDAQ:AIRG) last posted its quarterly earnings data on Wednesday, August 5th. The technology company reported $0.02 EPS for the quarter. The firm had revenue of $13.70 million during the quarter, compared to analyst estimates of $13.45 million. Airgain had a negative net margin of 13.22% and a negative return on equity of 15.42%. Airgain has set its Q3 2026 guidance at 0.040-0.040 EPS. Analysts predict that Airgain will post -0.22 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Jacob Suen sold 4,573 shares of the business’s 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 transaction, the chief executive officer directly owned 281,431 shares of the company’s stock, valued at approximately $1,832,115.81. The trade was a 1.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Michael Elbaz sold 3,787 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $6.77, for a total transaction of $25,637.99. Following the sale, the chief financial officer owned 135,506 shares of the company’s stock, valued at $917,375.62. This trade represents a 2.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 10,847 shares of company stock valued at $72,827 in the last 90 days. Corporate insiders own 17.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Citadel Advisors LLC boosted its holdings in Airgain by 270.1% in the 3rd quarter. Citadel Advisors LLC now owns 27,214 shares of the technology company’s stock worth $118,000 after buying an additional 43,214 shares during the period. Susquehanna International Group LLP bought a new position in shares of Airgain in the third quarter valued at approximately $91,000. Finally, XTX Topco Ltd bought a new position in shares of Airgain in the fourth quarter valued at approximately $44,000. 52.76% of the stock is owned by 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.