Roth Capital Issues Negative Forecast for Airgain Earnings

Airgain, Inc. (NASDAQ:AIRG) – Equities researchers at Roth Capital reduced their Q4 2025 EPS estimates for shares of Airgain in a research note issued on Sunday, February 2nd. Roth Capital analyst S. Searle now forecasts that the technology company will post earnings of $0.00 per share for the quarter, down from their previous forecast of $0.02. The consensus estimate for Airgain’s current full-year earnings is ($0.50) per share.

Airgain (NASDAQ:AIRG) last issued its earnings results on Tuesday, November 12th. The technology company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.08). Airgain had a negative net margin of 21.96% and a negative return on equity of 29.90%. The company had revenue of $16.10 million during the quarter, compared to analyst estimates of $16.00 million. During the same quarter in the previous year, the company posted ($0.11) EPS.

A number of other equities analysts also 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 reiterated an “outperform” rating and issued a $11.50 price target (up previously from $8.00) on shares of Airgain in a report on Wednesday, November 13th.

Airgain Price Performance

Shares of NASDAQ:AIRG opened at $6.62 on Tuesday. The stock has a market cap of $75.14 million, a P/E ratio of -5.81 and a beta of 0.71. The firm has a fifty day moving average price of $7.63 and a 200 day moving average price of $7.93. Airgain has a 1-year low of $3.71 and a 1-year high of $10.34.

Hedge Funds Weigh In On Airgain

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AIRG. Farther Finance Advisors LLC lifted its position in Airgain by 195.5% in the third quarter. Farther Finance Advisors LLC now owns 36,277 shares of the technology company’s stock worth $274,000 after purchasing an additional 24,000 shares during the period. Geode Capital Management LLC raised its holdings in shares of Airgain by 23.2% in the third quarter. Geode Capital Management LLC now owns 111,476 shares of the technology company’s stock valued at $841,000 after buying an additional 20,970 shares during the last quarter. Finally, US Bancorp DE raised its holdings in shares of Airgain by 3.7% in the third quarter. US Bancorp DE now owns 66,641 shares of the technology company’s stock valued at $502,000 after buying an additional 2,400 shares during the last quarter. Institutional investors and hedge funds own 52.76% of the company’s stock.

Insider Activity

In other news, CFO Michael Elbaz sold 6,777 shares of the stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $9.09, for a total value of $61,602.93. Following the completion of the sale, the chief financial officer now directly owns 102,794 shares of the company’s stock, valued at $934,397.46. This represents a 6.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 16.10% of the company’s stock.

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.