Symbols / AIRG Stock $6.79 -5.96% Airgain, Inc.

Technology • Communication Equipment • United States • NCM
AIRG (Stock) Chart
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Communication Equipment
CEO Mr. Jacob Suen
Exch · Country NCM · United States
Market Cap 86.07M
Enterprise Value 83.45M
Income -6.78M
Sales 51.28M
FCF (ttm) 268.62K
Book/sh 2.21
Cash/sh 0.56
Employees 106
Insider 10d —
IPO Aug 12, 2016
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E 21.90
PEG 1.05
P/S 1.68
P/B 3.07
P/C —
EV/EBITDA -20.45
EV/Sales 1.63
Quick Ratio 1.60
Current Ratio 2.07
Debt/Eq 16.10
LT Debt/Eq —
EPS (ttm) -0.56
EPS next Y 0.31
EPS Growth —
Revenue Growth -4.20%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-08-05
Earnings (prior) 2026-05-06
ROA -10.02%
ROE -23.23%
ROIC —
Gross Margin 43.60%
Oper. Margin -16.84%
Profit Margin -13.22%
Shs Outstand 12.68M
Shs Float 10.32M
Insider Own 21.22%
Instit Own 27.27%
Short Float 1.27%
Short Ratio 1.35
Short Interest 151.22K
52W High 7.66
vs 52W High -11.33%
52W Low 3.00
vs 52W Low 126.33%
Beta 0.89
Impl. Vol. 36.20%
Rel Volume 1.18
Avg Volume 107.38K
Volume 126.87K
Target (mean) $8.88
Tgt Median $9.00
Tgt Low $8.50
Tgt High $9.00
# Analysts 4
Recom None
Prev Close $7.22
Price $6.79
Change -5.96%
About

Airgain, Inc. provides wireless connectivity solutions that offer embedded components, external antennas, and integrated systems in North America, China, and internationally. The company offers enterprise products, including smart network controlled cellular repeaters, embedded cellular modems, asset tracking solutions, and antennas for access points and Internet of Things (IoT) applications. It also provides automotive products, such as AirgainConnect Fleet system solution, a low-profile, roof-mounted, all-in-one 5G vehicle gateway that offers 4G/5G cellular connectivity with built-in multi-profile eSIM, GNSS, Wi-Fi, and gigabit ethernet router functionalities; AirgainConnect Cloud, a device management and analytics platform; and aftermarket antennas. In addition, the company offers consumer products comprising embedded antennas for consumer access points, wireless gateways, and fixed wireless access devices; and AirgainConnect Go-Kit Pro, a wireless solution. It serves public safety and first responders, transportation and logistics, energy and utilities, industrial and manufacturing, enterprise, hospitality and retail, venues, field services, and smart cities. 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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$8.88
Mean price target
2. Current target
$6.79
Latest analyst target
3. DCF / Fair value
$0.38
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$6.79
Low
$8.50
High
$9.00
Mean
$8.88

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-21 init Lake Street — → Buy $6
2025-11-17 main Northland Capital Markets Outperform → Outperform $7
2025-11-13 main Craig-Hallum Buy → Buy $5
2025-07-18 main Roth Capital Buy → Buy $7
2025-05-08 main Craig-Hallum Buy → Buy $7
2025-02-28 main Craig-Hallum Buy → Buy $9
2024-11-13 main Craig-Hallum Buy → Buy $12
2024-11-13 reit Northland Capital Markets Outperform → Outperform $12
2024-08-07 main Northland Capital Markets Outperform → Outperform $8
2024-08-07 main Craig-Hallum Buy → Buy $8
2024-03-07 main Northland Capital Markets Outperform → Outperform $6
2023-08-11 main B. Riley Securities Neutral → Neutral $6
2023-08-11 main Craig-Hallum Buy → Buy $6
2023-05-16 main Northland Capital Markets Outperform → Outperform $8
2023-05-12 main Craig-Hallum Buy → Buy $8
2022-11-11 main B. Riley Securities — → Neutral $9
2022-02-22 down B. Riley Securities Buy → Neutral $10
2021-12-16 init Craig-Hallum — → Buy $16
2021-11-10 main Northland Capital Markets Outperform → Outperform $16
2021-10-14 down Cowen & Co. Outperform → Market Perform $14
News
RSS: Latest AIRG news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-06-01 SUEN JACOB Chief Executive Officer — 1,000 $7.04 $7,040
2026-05-13 SUEN JACOB Chief Executive Officer — 4,573 $1.90 $8,689
2026-05-13 SUEN JACOB Chief Executive Officer — 4,573 $6.51 $29,773
2026-05-13 ELBAZ MICHAEL Chief Financial Officer — 5,274 $6.77 $36,009
2026-05-01 SUEN JACOB Chief Executive Officer — 1,000 $7.03 $7,030
2026-04-17 SADRI ALI Officer — 1,000 $6.21 $6,210
2026-04-01 SUEN JACOB Chief Executive Officer — 1,000 $5.51 $5,510
2026-03-23 SUEN JACOB Chief Executive Officer — 38,314 $4.12 $158,704
2026-03-23 SADRI ALI Chief Technology Officer — 14,638 $4.12 $61,178
2026-03-20 ELBAZ MICHAEL Chief Financial Officer — 12,769 $4.12 $52,598
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
51.78
-14.55%
60.60
+8.14%
56.04
-26.16%
75.89
Operating Revenue
51.78
-14.55%
60.60
+8.14%
56.04
-26.16%
75.89
Cost Of Revenue
29.23
-18.33%
35.80
+1.47%
35.28
-26.39%
47.92
Reconciled Cost Of Revenue
29.23
-18.33%
35.80
+1.47%
35.28
-26.39%
47.92
Gross Profit
22.55
-9.10%
24.80
+19.45%
20.76
-25.77%
27.97
Operating Expense
31.03
-8.01%
33.73
+1.71%
33.16
-9.27%
36.55
Research And Development
9.54
-19.57%
11.86
+12.94%
10.51
-7.40%
11.35
Selling General And Administration
21.49
-1.74%
21.87
-3.50%
22.66
-10.11%
25.21
Selling And Marketing Expense
9.32
+1.33%
9.20
+0.84%
9.13
-18.33%
11.17
General And Administrative Expense
12.16
-3.96%
12.66
-6.42%
13.53
-3.57%
14.03
Other Gand A
12.16
-3.96%
12.66
-6.42%
13.53
-3.57%
14.03
Total Expenses
60.26
-13.33%
69.53
+1.59%
68.44
-18.98%
84.47
Operating Income
-8.48
+4.98%
-8.93
+28.00%
-12.40
-44.52%
-8.58
Total Operating Income As Reported
-8.48
+4.98%
-8.93
+28.00%
-12.40
-44.52%
-8.58
EBITDA
-4.79
+8.32%
-5.22
+40.49%
-8.77
-79.75%
-4.88
Normalized EBITDA
-4.79
+8.32%
-5.22
+40.49%
-8.77
-79.75%
-4.88
Reconciled Depreciation
3.70
-0.30%
3.71
+2.18%
3.63
-1.92%
3.70
EBIT
-8.48
+4.98%
-8.93
+28.00%
-12.40
-44.52%
-8.58
Total Unusual Items
—
—
—
0.00
Total Unusual Items Excluding Goodwill
—
—
—
0.00
Special Income Charges
—
—
—
0.00
Restructuring And Mergern Acquisition
—
—
—
0.00
Net Income
-6.43
+26.04%
-8.69
+30.09%
-12.43
-43.53%
-8.66
Pretax Income
-6.35
+28.13%
-8.84
+28.13%
-12.30
-43.44%
-8.57
Net Non Operating Interest Income Expense
0.35
+205.22%
0.12
+5.50%
0.11
+73.02%
0.06
Net Interest Income
0.35
+205.22%
0.12
+5.50%
0.11
+73.02%
0.06
Interest Income Non Operating
0.35
+205.22%
0.12
+5.50%
0.11
+73.02%
0.06
Interest Income
0.35
+205.22%
0.12
+5.50%
0.11
+73.02%
0.06
Other Income Expense
1.78
+6688.89%
-0.03
-200.00%
-0.01
+84.48%
-0.06
Other Non Operating Income Expenses
1.78
+6688.89%
-0.03
-200.00%
-0.01
+84.48%
-0.06
Tax Provision
0.07
+148.03%
-0.15
-218.75%
0.13
+52.38%
0.08
Tax Rate For Calcs
0.00
+1121.29%
0.00
-91.81%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-6.43
+26.04%
-8.69
+30.09%
-12.43
-43.53%
-8.66
Net Income From Continuing Operation Net Minority Interest
-6.43
+26.04%
-8.69
+30.09%
-12.43
-43.53%
-8.66
Net Income From Continuing And Discontinued Operation
-6.43
+26.04%
-8.69
+30.09%
-12.43
-43.53%
-8.66
Net Income Continuous Operations
-6.43
+26.04%
-8.69
+30.09%
-12.43
-43.53%
-8.66
Normalized Income
-6.43
+26.04%
-8.69
+30.09%
-12.43
-43.53%
-8.66
Net Income Common Stockholders
-6.43
+26.04%
-8.69
+30.09%
-12.43
-43.53%
-8.66
Diluted EPS
-0.54
+31.65%
-0.79
+34.17%
-1.20
-41.18%
-0.85
Basic EPS
-0.54
+31.65%
-0.79
+34.17%
-1.20
-41.18%
-0.85
Basic Average Shares
11.84
+7.12%
11.05
+6.36%
10.39
+1.98%
10.19
Diluted Average Shares
11.84
+7.12%
11.05
+6.36%
10.39
+1.98%
10.19
Diluted NI Availto Com Stockholders
-6.43
+26.04%
-8.69
+30.09%
-12.43
-43.53%
-8.66
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
45.34
-6.41%
48.44
+14.72%
42.23
-22.37%
54.40
Current Assets
25.76
-0.28%
25.83
+35.38%
19.08
-29.73%
27.15
Cash Cash Equivalents And Short Term Investments
7.36
-13.54%
8.51
+7.98%
7.88
-33.79%
11.90
Cash And Cash Equivalents
7.36
-13.54%
8.51
+7.98%
7.88
-33.79%
11.90
Cash Equivalents
0.12
+266.67%
0.03
-89.00%
0.30
-91.62%
3.58
Cash Financial
7.24
-14.63%
8.48
+11.82%
7.58
-8.92%
8.32
Receivables
12.78
+9.46%
11.67
+58.25%
7.38
-15.63%
8.74
Accounts Receivable
12.78
+9.46%
11.67
+58.25%
7.38
-15.63%
8.74
Gross Accounts Receivable
—
—
—
8.74
Allowance For Doubtful Accounts Receivable
—
—
—
—
Inventory
3.58
-9.41%
3.95
+64.46%
2.40
-43.14%
4.23
Raw Materials
0.45
+3.48%
0.43
-34.80%
0.66
-37.64%
1.06
Finished Goods
3.13
-10.99%
3.52
+102.12%
1.74
-44.98%
3.17
Prepaid Assets
0.87
-25.56%
1.17
—
—
Other Current Assets
1.18
+121.24%
0.53
-62.59%
1.42
-37.74%
2.28
Total Non Current Assets
19.58
-13.41%
22.61
-2.32%
23.15
-15.04%
27.25
Net PPE
5.86
-0.54%
5.89
+51.17%
3.90
-21.74%
4.98
Gross PPE
11.75
+3.37%
11.37
+27.02%
8.95
-4.67%
9.39
Accumulated Depreciation
-5.89
-7.58%
-5.47
-8.38%
-5.05
-14.64%
-4.41
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
1.09
-1.36%
1.10
-14.54%
1.29
+16.28%
1.11
Construction In Progress
0.02
+166.67%
0.01
-86.67%
0.04
+181.25%
0.02
Other Properties
9.80
+4.12%
9.41
+39.11%
6.76
-8.74%
7.41
Leases
0.85
+0.00%
0.85
+0.00%
0.85
+0.00%
0.85
Goodwill And Other Intangible Assets
13.63
-18.10%
16.64
-12.76%
19.08
-13.47%
22.05
Goodwill
10.85
+0.00%
10.85
+0.00%
10.85
+0.00%
10.85
Other Intangible Assets
2.79
-51.94%
5.80
-29.57%
8.23
-26.50%
11.20
Other Non Current Assets
0.09
+14.86%
0.07
-56.47%
0.17
-21.30%
0.22
Total Liabilities Net Minority Interest
17.05
-2.44%
17.47
+61.56%
10.82
-25.79%
14.57
Current Liabilities
12.98
-3.84%
13.50
+35.13%
9.99
-22.55%
12.90
Payables And Accrued Expenses
9.77
-9.99%
10.86
+35.92%
7.99
+2.04%
7.83
Payables
9.22
-3.03%
9.51
+36.64%
6.96
-0.80%
7.01
Accounts Payable
9.21
-3.00%
9.50
+46.77%
6.47
-0.54%
6.51
Current Accrued Expenses
0.55
-58.99%
1.35
+31.04%
1.03
+26.50%
0.81
Pensionand Other Post Retirement Benefit Plans Current
1.16
-43.31%
2.04
+180.36%
0.73
-74.67%
2.87
Total Tax Payable
0.00
-50.00%
0.01
-98.76%
0.48
-4.16%
0.51
Income Tax Payable
0.00
-50.00%
0.01
-95.86%
0.14
-12.65%
0.17
Current Debt And Capital Lease Obligation
0.82
+822.47%
0.09
-89.71%
0.86
-4.31%
0.90
Current Capital Lease Obligation
0.82
+822.47%
0.09
-89.71%
0.86
-4.31%
0.90
Current Deferred Liabilities
0.90
+769.23%
0.10
-48.51%
0.20
-73.80%
0.77
Current Deferred Revenue
0.90
+769.23%
0.10
-48.51%
0.20
-73.80%
0.77
Other Current Liabilities
0.33
-19.95%
0.41
+96.65%
0.21
-60.11%
0.52
Total Non Current Liabilities Net Minority Interest
4.07
+2.34%
3.97
+381.58%
0.82
-50.75%
1.68
Long Term Debt And Capital Lease Obligation
3.88
+1.84%
3.81
+465.28%
0.67
-56.12%
1.54
Long Term Capital Lease Obligation
3.88
+1.84%
3.81
+465.28%
0.67
-56.12%
1.54
Non Current Deferred Liabilities
0.19
+14.11%
0.16
+7.95%
0.15
+8.63%
0.14
Non Current Deferred Taxes Liabilities
0.19
+14.11%
0.16
+7.95%
0.15
+8.63%
0.14
Other Non Current Liabilities
—
—
—
-0.05
Stockholders Equity
28.29
-8.65%
30.97
-1.41%
31.41
-21.12%
39.83
Common Stock Equity
28.29
-8.65%
30.97
-1.41%
31.41
-21.12%
39.83
Capital Stock
127.29
+3.03%
123.55
+7.16%
115.30
+3.61%
111.28
Common Stock
127.29
+3.03%
123.55
+7.16%
115.30
+3.61%
111.28
Share Issued
12.67
+4.94%
12.07
+9.63%
11.01
+2.26%
10.77
Ordinary Shares Number
12.12
+5.17%
11.53
+10.13%
10.47
+2.37%
10.23
Treasury Shares Number
0.54
+0.00%
0.54
+0.00%
0.54
+0.00%
0.54
Retained Earnings
-93.64
-7.37%
-87.21
-11.06%
-78.52
-18.80%
-66.09
Gains Losses Not Affecting Retained Earnings
-0.00
+0.00%
-0.00
-233.33%
0.00
—
Treasury Stock
5.36
+0.00%
5.36
+0.00%
5.36
+0.00%
5.36
Other Equity Adjustments
-0.00
+0.00%
-0.00
-233.33%
0.00
—
Total Equity Gross Minority Interest
28.29
-8.65%
30.97
-1.41%
31.41
-21.12%
39.83
Total Capitalization
28.29
-8.65%
30.97
-1.41%
31.41
-21.12%
39.83
Working Capital
12.78
+3.62%
12.33
+35.64%
9.09
-36.23%
14.25
Invested Capital
28.29
-8.65%
30.97
-1.41%
31.41
-21.12%
39.83
Total Debt
4.70
+20.57%
3.90
+153.35%
1.54
-36.93%
2.44
Capital Lease Obligations
4.70
+20.57%
3.90
+153.35%
1.54
-36.93%
2.44
Net Tangible Assets
14.66
+2.32%
14.32
+16.14%
12.33
-30.62%
17.78
Tangible Book Value
14.66
+2.32%
14.32
+16.14%
12.33
-30.62%
17.78
Inventories Adjustments Allowances
—
—
—
—
Other Equity Interest
—
—
0.00
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-1.11
+68.44%
-3.53
-6.85%
-3.30
-174.25%
4.45
Cash Flow From Continuing Operating Activities
-1.11
+68.44%
-3.53
-6.85%
-3.30
-174.25%
4.45
Net Income From Continuing Operations
-6.43
+26.04%
-8.69
+30.09%
-12.43
-43.53%
-8.66
Depreciation Amortization Depletion
3.70
-0.30%
3.71
+2.18%
3.63
-1.92%
3.70
Depreciation
0.46
-15.51%
0.55
-17.10%
0.66
-2.07%
0.68
Amortization Cash Flow
3.23
+2.34%
3.16
+6.47%
2.97
-1.88%
3.03
Depreciation And Amortization
3.70
-0.30%
3.71
+2.18%
3.63
-1.92%
3.70
Amortization Of Intangibles
3.23
+2.34%
3.16
+6.47%
2.97
-1.88%
3.03
Other Non Cash Items
—
—
—
-2.04
Stock Based Compensation
2.96
-36.05%
4.63
+25.92%
3.68
-26.05%
4.98
Deferred Tax
0.02
+109.09%
0.01
-8.33%
0.01
-60.00%
0.03
Deferred Income Tax
0.02
+109.09%
0.01
-8.33%
0.01
-60.00%
0.03
Operating Gains Losses
—
—
—
0.00
Gain Loss On Sale Of PPE
—
—
0.00
-100.00%
0.00
Change In Working Capital
-1.37
+57.04%
-3.19
-277.05%
1.80
-71.95%
6.43
Change In Receivables
-1.10
+74.31%
-4.30
-414.34%
1.37
-32.16%
2.02
Changes In Account Receivables
-1.10
+74.31%
-4.30
-414.34%
1.37
-32.16%
2.02
Change In Inventory
0.37
+124.02%
-1.55
-184.97%
1.82
-61.40%
4.72
Change In Prepaid Assets
-0.35
-9.49%
-0.32
-138.44%
0.82
+181.23%
-1.01
Change In Payables And Accrued Expense
-0.82
-127.12%
3.02
+241.19%
-2.14
-420.69%
0.67
Change In Accrued Expense
-0.53
-680.43%
0.09
+104.50%
-2.05
-452.97%
-0.37
Change In Payable
-0.28
-109.73%
2.93
+3248.39%
-0.09
-108.97%
1.04
Change In Account Payable
-0.28
-109.73%
2.93
+3248.39%
-0.09
-108.97%
1.04
Change In Other Working Capital
—
—
-1.25
-3480.00%
-0.04
Change In Other Current Assets
-0.01
-112.50%
0.10
+1500.00%
0.01
-95.62%
0.14
Change In Other Current Liabilities
0.54
+462.84%
-0.15
-97.33%
-0.07
-19.05%
-0.06
Investing Cash Flow
-0.39
-118.54%
-0.18
+48.55%
-0.35
+53.87%
-0.75
Cash Flow From Continuing Investing Activities
-0.39
-118.54%
-0.18
+48.55%
-0.35
+53.87%
-0.75
Net PPE Purchase And Sale
-0.17
+6.74%
-0.18
+48.55%
-0.35
+53.87%
-0.75
Purchase Of PPE
-0.17
+6.74%
-0.18
+48.55%
-0.35
+54.65%
-0.76
Sale Of PPE
—
—
0.00
-100.00%
0.01
Capital Expenditure
-0.39
-118.54%
-0.18
+48.55%
-0.35
+54.65%
-0.76
Net Investment Purchase And Sale
—
—
—
—
Purchase Of Investment
—
—
—
—
Sale Of Investment
—
—
—
—
Net Business Purchase And Sale
—
—
—
0.00
Purchase Of Business
—
—
—
0.00
Net Intangibles Purchase And Sale
-0.22
0.00
—
—
Purchase Of Intangibles
-0.22
0.00
—
—
Financing Cash Flow
0.35
-91.86%
4.30
+1039.08%
-0.46
+92.73%
-6.30
Cash Flow From Continuing Financing Activities
0.35
-91.86%
4.30
+1039.08%
-0.46
+92.73%
-6.30
Net Common Stock Issuance
0.54
-87.69%
4.39
+1794.40%
0.23
+1.75%
0.23
Common Stock Payments
—
—
—
0.00
Repurchase Of Capital Stock
—
—
—
0.00
Net Other Financing Charges
-0.19
-103.19%
-0.09
+86.38%
-0.69
+89.44%
-6.53
Changes In Cash
-1.15
-293.29%
0.60
+114.52%
-4.11
-57.40%
-2.61
Effect Of Exchange Rate Changes
0.00
+100.00%
-0.01
-333.33%
0.00
0.00
Beginning Cash Position
8.56
+7.38%
7.98
-33.96%
12.08
-17.76%
14.69
End Cash Position
7.41
-13.45%
8.56
+7.38%
7.98
-33.96%
12.08
Free Cash Flow
-1.50
+59.46%
-3.71
-1.59%
-3.65
-199.02%
3.68
Interest Paid Supplemental Data
—
—
—
—
Income Tax Paid Supplemental Data
0.06
+10.00%
0.05
-55.36%
0.11
-43.15%
0.20
Amortization Of Securities
—
—
—
—
Common Stock Issuance
0.54
-87.69%
4.39
+1794.40%
0.23
+1.75%
0.23
Issuance Of Capital Stock
0.54
-87.69%
4.39
+1794.40%
0.23
+1.75%
0.23
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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