AIRG - Airgain Inc Stock Price, Fair Value and News

5.40USD+0.09 (+1.69%)Market Closed

Market Summary

USD5.40+0.09

Market Closed

1.69%

AIRG Stock Price

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AIRG RSI Chart

AIRG Valuation

Market Cap

55.8M

Price/Earnings (Trailing)

-4.49

Price/Sales (Trailing)

EV/EBITDA

-4.13

Price/Free Cashflow

-15.29

AIRG Price/Sales (Trailing)

AIRG Profitability

Operating Margin

37.05%

EBT Margin

-21.95%

Return on Equity

-39.56%

Return on Assets

-29.43%

Free Cashflow Yield

-6.54%

AIRG Fundamentals

AIRG Revenue

Revenue (TTM)

56.0M

Rev. Growth (Yr)

-49.37%

Rev. Growth (Qtr)

-26.47%

AIRG Earnings

Earnings (TTM)

-12.4M

Earnings Growth (Yr)

-70.31%

Earnings Growth (Qtr)

-191.55%

Breaking Down AIRG Revenue

Last 7 days

-2.4%

Last 30 days

-1.1%

Last 90 days

50%

Trailing 12 Months

-7.2%

How does AIRG drawdown profile look like?

AIRG Financial Health

Current Ratio

1.91

AIRG Investor Care

Shares Dilution (1Y)

2.34%

Diluted EPS (TTM)

-1.2

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	74.8M	71.4M	65.9M	56.0M
2022	64.4M	66.4M	70.2M	75.9M
2021	54.7M	60.5M	63.0M	64.3M
2020	51.8M	48.8M	48.7M	48.5M
2019	62.4M	61.9M	59.3M	55.7M
2018	51.6M	53.5M	56.9M	60.6M
2017	46.2M	49.3M	49.3M	49.5M
2016	30.6M	34.4M	40.1M	43.4M
2015	26.1M	26.7M	27.2M	27.8M
2014	0	0	0	25.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Airgain Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 21, 2024	suen jacob	sold	-53,957	5.0717	-10,639	president and ceo
Mar 21, 2024	sadri ali	sold	-27,265	5.0689	-5,379	chief technology officer
Mar 21, 2024	sadri ali	sold	-27,456	5.10434	-5,379	chief technology officer
Mar 21, 2024	elbaz michael	sold	-20,340	5.0675	-4,014	chief financial officer
Mar 21, 2024	suen jacob	sold	-54,297	5.10364	-10,639	president and ceo
Mar 21, 2024	elbaz michael	sold	-20,486	5.1038	-4,014	chief financial officer
Mar 15, 2024	suen jacob	acquired	-	-	76,993	president and ceo
Mar 15, 2024	sadri ali	acquired	-	-	33,966	chief technology officer
Mar 15, 2024	elbaz michael	acquired	-	-	34,960	chief financial officer

Which funds bought or sold AIRG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	-58,301	1,886,860	-%
Feb 27, 2024	Beaird Harris Wealth Management, LLC	sold off	-100	-709	-	-%
Feb 15, 2024	Farther Finance Advisors, LLC	unchanged	-	-1,351	43,706	-%
Feb 14, 2024	STATE STREET CORP	unchanged	-	-4,199	135,907	-%
Feb 14, 2024	AMERIPRISE FINANCIAL INC	added	1.07	-44,060	2,200,150	-%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	unchanged	-	-693	22,439	-%
Feb 14, 2024	Keystone Financial Group	reduced	-8.8	-30,257	232,126	0.04%
Feb 14, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	new	-	45,657	45,657	-%
Feb 14, 2024	PERRITT CAPITAL MANAGEMENT INC	reduced	-17.65	-6,275	24,920	0.01%
Feb 14, 2024	RBF Capital, LLC	reduced	-20.12	-25,867	89,004	-%

Are Funds Buying or Selling AIRG?

Are funds buying AIRG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AIRG

No. of Funds

Unveiling Airgain Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	ameriprise financial inc	5.92%	618,019	SC 13G/A
Feb 14, 2024	sims james k	6.5%	707,933	SC 13G/A
Feb 13, 2024	vanguard group inc	5.08%	530,018	SC 13G
Feb 12, 2024	blair william & co/il	8.0%	837,679	SC 13G/A
Dec 15, 2023	marathon micro fund, lp	7.0%	732,205	SC 13G
Dec 07, 2023	granahan investment management, llc	0.00%	10	SC 13G/A
Dec 04, 2023	hirschman orin	0%	0	SC 13G/A
Feb 15, 2023	hirschman orin	7.1%	725,484	SC 13G/A
Feb 14, 2023	ameriprise financial inc	5.49%	561,749	SC 13G
Feb 14, 2023	airgain inc	6.2%	654,905	SC 13G

Recent SEC filings of Airgain Inc

View All Filings

Date Filed	Form Type	Document
Mar 26, 2024	4/A	Insider Trading
Mar 26, 2024	4/A	Insider Trading
Mar 26, 2024	4/A	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	4/A	Insider Trading
Mar 21, 2024	4/A	Insider Trading
Mar 21, 2024	4/A	Insider Trading
Mar 19, 2024	4	Insider Trading

Peers (Alternatives to Airgain Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	195.4B	57.2B	-3.21%	-4.53%	14.53	3.41	7.66%	18.93%
ANET	84.7B	5.9B	-3.44%	64.48%	40.6	14.46	33.75%	54.34%
HPQ	28.0B	53.1B	-7.22%	-4.58%	8.18	0.53	-11.04%	34.01%
HPE	22.6B	29.1B	-2.68%	8.67%	11.18	0.78	2.24%	133.29%
LOGI	13.7B	4.2B	-6.89%	49.59%	28.17	3.22	-11.68%	12.69%
JNPR	11.8B	5.6B	0.16%	7.51%	38.03	2.12	4.97%	-34.14%
MID-CAP
UI	6.5B	1.9B	-4.50%	-58.53%	17.59	3.49	4.69%	6.86%
BDC	3.5B	2.5B	-1.41%	4.79%	14.44	1.4	-3.62%	-4.73%
LITE	2.9B	1.4B	-7.59%	-4.69%	-10.99	2.04	-21.40%	-1031.82%
SMALL-CAP
EXTR	1.4B	1.3B	-7.12%	-44.90%	17.17	1.02	14.09%	64.56%
AAOI	431.2M	217.6M	-19.74%	403.14%	-7.69	1.98	-2.32%	15.59%
ADTN	373.4M	1.1B	-15.14%	-56.10%	-1.4	0.32	12.05%	-13041.29%
ALOT	134.0M	148.1M	2.38%	14.73%	28.54	0.9	3.90%	76.40%
AKTS	56.2M	29.7M	-5.00%	-82.88%	-0.81	1.89	39.86%	-13.06%
AIRG	55.8M	56.0M	-1.12%	-7.17%	-4.49	1	-26.16%	-43.53%

Airgain Inc News

Latest updates

Airgain Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-26.5%	10,070,000	13,696,000	15,830,000	16,444,000	19,889,000	19,198,000	19,286,000	17,522,000	14,144,000	15,455,000	17,297,000	17,377,000	12,830,000	13,010,000	11,446,000	11,216,000	13,028,000	13,142,000	14,462,000	15,108,000	16,562,000
Cost Of Revenue	-15.6%	7,140,000	8,460,000	9,551,000	10,126,000	14,015,000	11,755,000	11,793,000	10,366,000	9,279,000	9,909,000	9,998,000	10,480,000	6,993,000	6,981,000	6,052,000	5,891,000	7,248,500	7,067,000	7,777,000	8,322,000	9,711,037
Gross Profit	-44.0%	2,930,000	5,236,000	6,279,000	6,318,000	5,874,000	7,443,000	7,493,000	7,156,000	4,865,000	5,546,000	7,299,000	6,897,000	5,837,000	6,029,000	5,394,000	5,325,000	5,779,000	6,075,000	6,685,000	6,786,000	6,850,000
Operating Expenses	17.8%	8,418,000	7,146,000	8,491,000	9,108,000	9,151,000	8,707,000	9,106,000	9,582,000	9,328,000	8,592,000	10,033,000	8,778,000	6,913,000	6,229,000	5,992,000	6,635,000	5,868,000	6,280,000	6,189,000	6,607,000	5,730,000
S&GA Expenses	32.1%	2,251,000	1,704,000	2,305,000	2,866,000	2,622,000	2,808,000	2,889,000	2,855,000	2,797,000	2,484,000	2,489,000	2,439,000	1,664,000	1,559,000	1,379,000	1,539,000	1,072,000	1,461,000	2,229,000	2,274,000	1,892,807
R&D Expenses	37.9%	3,168,000	2,298,000	2,590,000	2,449,000	2,234,000	2,901,000	2,962,000	3,242,000	2,790,000	2,698,000	2,726,000	2,706,000	2,284,000	2,231,000	2,224,000	2,418,000	2,045,000	2,403,000	2,203,000	2,338,000	2,156,943
EBITDA Margin	-44.6%	-0.21	-0.14	-0.12	-0.11	-0.10	-0.13	-0.16	-0.19	-0.18	-0.13	-0.09	-0.06	-	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	1,048
Income Taxes	950.0%	42,000	4,000	2,000	82,000	-50,000	52,000	-3,000	85,000	195,000	-30,000	-127,000	-2,117,000	-1,000	84,000	174,000	16,000	-2,000	113,000	23,000	29,000	-9,324
Earnings Before Taxes	-189.8%	-5,440,000	-1,877,000	-2,207,000	-2,776,000	-3,270,000	-1,247,000	-1,622,000	-2,436,000	-4,481,000	-3,039,000	-2,736,000	-1,880,000	-1,081,000	-177,000	-562,000	-1,186,000	60,500	-22,000	685,000	366,000	1,265,071
EBT Margin	-42.7%	-0.22	-0.15	-0.13	-0.12	-0.11	-0.14	-0.17	-0.20	-0.19	-0.14	-0.10	-0.07	-	-	-	-	-	-	-	-	-
Net Income	-191.5%	-5,484,000	-1,881,000	-2,205,000	-2,858,000	-3,220,000	-1,299,000	-1,619,000	-2,521,000	-4,646,000	-3,069,000	-2,609,000	237,000	-1,080,000	-261,000	-736,000	-1,202,000	63,000	-135,000	662,000	337,000	1,275,000
Net Income Margin	-43.7%	-0.22	-0.15	-0.13	-0.12	-0.11	-0.14	-0.18	-0.20	-0.16	-0.10	-0.06	-0.03	-	-	-	-	-	-	-	-	-
Free Cashflow	-469.1%	-2,111,000	572,000	-585,000	-1,523,000	2,234,000	-357,000	-2,218,000	4,024,000	-4,443,000	-1,475,000	-2,007,000	-3,981,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-8.8%	42.00	46.00	50.00	50.00	54.00	58.00	59.00	67.00	66.00	69.00	71.00	69.00	55.00	54.00	51.00	52.00	55.00	55.00	56.00	53.00	53.00
Current Assets	-14.3%	19.00	22.00	24.00	24.00	27.00	30.00	30.00	37.00	35.00	37.00	38.00	36.00	45.00	45.00	42.00	43.00	45.00	45.00	46.00	43.00	43.00
Cash Equivalents	-21.1%	8.00	10.00	9.00	10.00	12.00	9.00	9.00	19.00	15.00	19.00	20.00	21.00	38.00	36.00	29.00	23.00	13.00	13.00	14.00	12.00	14.00
Inventory	-39.2%	2.00	4.00	5.00	4.00	4.00	9.00	9.00	9.00	9.00	7.00	5.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Net PPE	2.2%	3.00	2.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00
Goodwill	0%	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
Liabilities	2.6%	11.00	11.00	12.00	12.00	15.00	16.00	17.00	24.00	22.00	21.00	22.00	19.00	7.00	6.00	5.00	5.00	7.00	8.00	8.00	7.00	8.00
Current Liabilities	5.0%	10.00	10.00	11.00	11.00	13.00	14.00	15.00	22.00	20.00	19.00	19.00	10.00	7.00	6.00	4.00	5.00	7.00	7.00	8.00	6.00	8.00
Shareholder's Equity	-12.2%	31.00	36.00	37.00	38.00	40.00	42.00	42.00	43.00	44.00	48.00	50.00	50.00	48.00	48.00	47.00	47.00	48.00	48.00	48.00	46.00	45.00
Retained Earnings	-7.5%	-78.52	-73.04	-71.16	-68.95	-66.09	-62.87	-61.57	-59.95	-57.43	-52.79	-49.72	-47.11	-47.35	-46.27	-46.01	-45.27	-44.07	-44.13	-44.00	-44.66	-44.99
Additional Paid-In Capital	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	98.00	97.00	97.00	96.00	95.00	94.00	94.00
Shares Outstanding	0.2%	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	-	84.00	-	-	-	210	-	-	-	105	-	-	-	10.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-402.7%	-1,937	640	-570	-1,434	2,363	103	-2,172	4,152	-4,249	-1,342	-1,659	-3,920	227	2,187	2,192	-902	1,493	651	1,099	-875	2,618
Share Based Compensation	131.2%	1,209	523	968	981	1,403	1,120	1,214	1,241	1,045	1,068	1,008	928	608	634	654	668	595	549	542	514	374
Cashflow From Investing	-155.9%	-174	-68.00	-15.00	-89.00	-126	-460	-36.00	-128	-194	-133	-348	-14,246	2,000	4,088	4,265	10,533	-795	-1,005	436	-1,036	-1,539
Cashflow From Financing	-100.0%	-	67.00	16.00	-541	476	99.00	-6,999	120	-	189	789	1,451	151	927	-397	-120	-372	-416	358	38.00	-522
Buy Backs	-	-	-	-	-	-	-	-	-	-	97.00	-	-	-	-	418	190	428	606	-	193	337

AIRG Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Sales	$ 56,040	$ 75,895
Cost of goods sold	35,277	47,923
Gross profit	20,763	27,972
Operating expenses:
Research and development	10,505	11,345
Sales and marketing	9,126	11,174
General and administrative	13,532	14,033
Total operating expenses	33,163	36,552
Loss from operations	(12,400)	(8,580)
Other (income) expense:
Interest income, net	(109)	(63)
Other expense	9	58
Total other income	(100)	(5)
Pretax loss from operations	(12,300)	(8,575)
Income tax expense	128	84
Net loss	$ (12,428)	$ (8,659)
Net loss per share:
Basic	$ (1.2)	$ (0.85)
Diluted	$ (1.2)	$ (0.85)
Weighted average shares used in calculating loss per share:
Basic	10,392	10,190
Diluted	10,392	10,190

AIRG Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 7,881	$ 11,903
Trade accounts receivable, net	7,375	8,741
Inventories	2,403	4,226
Prepaid expenses and other current assets	1,422	2,284
Total current assets	19,081	27,154
Property and equipment, net	2,507	2,765
Leased right-of-use assets	1,392	2,217
Goodwill	10,845	10,845
Intangible assets, net	8,234	11,203
Other assets	170	216
Total assets	42,229	54,400
Current liabilities:
Accounts payable	6,472	6,507
Accrued compensation	728	2,874
Accrued liabilities and other	1,926	2,615
Short-term lease liabilities	865	904
Total current liabilities	9,991	12,900
Deferred tax liability	151	139
Long-term lease liabilities	674	1,536
Total liabilities	10,816	14,575
Commitments and contingencies
Stockholders' equity:
Common stock and additional paid-in capital, par value $0.0001, 200,000 shares authorized; 11,010 shares issued and 10,469 shares outstanding at December 31, 2023; and 10,767 shares issued and 10,226 shares outstanding at December 31, 2022	115,295	111,282
Treasury stock, at cost: 541 shares at December 31, 2023 and 2022	(5,364)	(5,364)
Accumulated deficit	(78,521)	(66,093)
Accumulated other comprehensive income	3	0
Total stockholders' equity	31,413	39,825
Total liabilities and stockholders' equity	$ 42,229	$ 54,400

About Airgain Inc

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; ultra-embedded antennas; SmartMax embedded antennas; and MaxBeam carrier class antennas, as well as automotive, fleet, public safety, and machine-to-machine antennas under the Antenna Plus brand. The company was formerly known as AM Group and changed its name to Airgain, Inc. in 2004. Airgain, Inc. was incorporated in 1995 and is headquartered in San Diego, California.

CEO	Mr. Jacob Suen
WEBSITE	airgain.com
INDUSTRY	Computer Hardware
EMPLOYEES	141

Airgain Inc Frequently Asked Questions

What is the ticker symbol for Airgain Inc? What does AIRG stand for in stocks?

AIRG is the stock ticker symbol of Airgain Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Airgain Inc (AIRG)?

As of Fri Apr 12 2024, market cap of Airgain Inc is 55.78 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AIRG stock?

You can check AIRG's fair value in chart for subscribers.

What is the fair value of AIRG stock?

You can check AIRG's fair value in chart for subscribers. The fair value of Airgain Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Airgain Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AIRG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Airgain Inc a good stock to buy?

The fair value guage provides a quick view whether AIRG is over valued or under valued. Whether Airgain Inc is cheap or expensive depends on the assumptions which impact Airgain Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AIRG.

What is Airgain Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 12 2024, AIRG's PE ratio (Price to Earnings) is -4.49 and Price to Sales (PS) ratio is 1. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AIRG PE ratio will change depending on the future growth rate expectations of investors.