Northland Securities Boosts Earnings Estimates for Airgain

Airgain, Inc. (NASDAQ:AIRG) – Analysts at Northland Securities boosted their Q3 2026 earnings estimates for Airgain in a research note issued to investors on Monday, August 10th. Northland Securities analyst T. Savageaux now forecasts that the technology company will post earnings of $0.00 per share for the quarter, up from their previous estimate of ($0.04). The consensus estimate for Airgain’s current full-year earnings is ($0.22) per share. Northland Securities also issued estimates for Airgain’s FY2026 earnings at ($0.19) EPS and FY2027 earnings at $0.09 EPS.

Airgain (NASDAQ:AIRG) last announced its quarterly earnings data 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 company 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.

Other equities analysts also recently issued research reports about the company. Wall Street Zen downgraded Airgain from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Weiss Ratings upgraded Airgain from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 23rd. Roth Capital reaffirmed a “buy” rating and issued a $9.00 price objective on shares of Airgain in a research note on Thursday, May 7th. Finally, Craig Hallum reiterated a “buy” rating and set a $9.00 target price on shares of Airgain in a report on Thursday, May 7th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $7.70.

Airgain Stock Down 2.3%

Shares of NASDAQ AIRG opened at $5.17 on Friday. The business has a fifty day simple moving average of $6.12 and a two-hundred day simple moving average of $5.81. The firm has a market cap of $67.73 million, a PE ratio of -9.23 and a beta of 0.91. Airgain has a twelve month low of $3.00 and a twelve month high of $7.66.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Airgain in the 2nd quarter worth $74,000. BlackRock Inc. purchased a new stake in shares of Airgain during the 2nd quarter worth $1,355,000. Whitcomb & Hess Inc. boosted 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 purchasing an additional 15,022 shares in the last quarter. Renaissance Technologies LLC boosted its position in Airgain by 4.6% during 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. Finally, XTX Topco Ltd purchased a new position in Airgain in the fourth quarter valued at about $44,000. 52.76% of the stock is currently owned by hedge funds and other institutional investors.

Airgain Company Profile

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.