Airgain(AIRG)

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Will Carrier Certifications for AirgainConnect Fleet Aid AIRG Stock?
ZACKS· 2024-10-02 13:20
Core Insights - Airgain, Inc. has received certifications for its AirgainConnect Fleet 5G Vehicle Gateway from major carriers such as AT&T and T-Mobile, enabling compliance and interoperability across North America [1] - The AirgainConnect Fleet features a compact design that integrates multiple technologies, providing optimized wireless performance and significant cost savings compared to traditional solutions [2] - Recent accreditations are expected to enhance Airgain's market position and drive revenue growth, positively impacting its stock performance [3][4] Company Overview - Airgain specializes in integrated wireless solutions, offering customizable antenna products that address connectivity needs across various markets, including automotive and consumer sectors [3] - The company has demonstrated strong stock performance, gaining 125% over the past year, significantly outperforming the industry growth of 13.3% [4] Competitive Position - Airgain holds a Zacks Rank of 2 (Buy), indicating positive market sentiment towards its stock [5] - Ubiquiti Inc., another player in the networking solutions space, currently holds a Zacks Rank of 1 (Strong Buy), showcasing a robust business model and effective management strategies [5]
Airgain (AIRG) is on the Move, Here's Why the Trend Could be Sustainable
ZACKS· 2024-09-25 13:50
Core Viewpoint - The article emphasizes the importance of identifying and sustaining stock price trends for successful short-term investing, highlighting the utility of a "Recent Price Strength" screen to find stocks with strong fundamentals and upward momentum [1]. Group 1: Stock Performance - Airgain (AIRG) has shown a solid price increase of 35.1% over the past 12 weeks, indicating strong investor interest [2]. - The stock has also maintained a price increase of 2.9% over the last four weeks, suggesting that the upward trend is still intact [2]. - AIRG is currently trading at 94.3% of its 52-week high-low range, indicating a potential breakout [2]. Group 2: Fundamental Strength - AIRG holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [3]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [3]. Group 3: Investment Strategy - The article suggests that investors may consider other stocks that pass the "Recent Price Strength" screen, in addition to AIRG, to identify potential winning stock picks [4]. - It also mentions the availability of over 45 Zacks Premium Screens tailored to different investing styles, which can help in finding stocks that have historically produced profitable results [4].
Are Computer and Technology Stocks Lagging Airgain (AIRG) This Year?
ZACKS· 2024-09-02 14:40
Group 1 - Airgain (AIRG) has returned 115.7% year-to-date, significantly outperforming the Computer and Technology sector's average return of 21.8% [2] - The Zacks Consensus Estimate for AIRG's full-year earnings has increased by 5.4%, indicating stronger analyst sentiment and an improving earnings outlook [2] - Airgain is ranked 2 (Buy) in the Zacks Rank system, which focuses on earnings estimates and revisions [1] Group 2 - Airgain is part of the Communication - Components industry, which has an average gain of 42.8% year-to-date, indicating that AIRG is performing well within its industry [3] - The Zacks Industry Rank places the Communication - Components industry at 8, while the Internet - Software industry, which includes AudioEye (AEYE), is ranked 92 [3] - AudioEye has achieved a year-to-date return of 346.7% and has a Zacks Rank of 1 (Strong Buy) with a 45% increase in its consensus EPS estimate over the past three months [2][3]
Recent Price Trend in Airgain (AIRG) is Your Friend, Here's Why
ZACKS· 2024-09-02 13:50
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- ...
Airgain (AIRG) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2024-08-15 13:51
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...
7 Tech Stock Titans You Can Pick Up on the Cheap Now
Investor Place· 2024-08-08 20:44
Innovation always moves forward: that’s the driving narrative behind tech stocks to buy on discount. No, I’m not going to blow smoke. It really stinks to lose money on your favorite ideas, especially during these severe broader downcycles. But here’s the thing. You can mope around and feel bad about the situation. Or you can grab some compelling discounts that are now available.To better gauge what’s a true deal from something that’s merely cheap, I’m going to focus heavily on valuations, particularly sales ...
Airgain(AIRG) - 2024 Q2 - Earnings Call Transcript
2024-08-07 02:48
Airgain, Inc. (NASDAQ:AIRG) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Jacob Suen - President and Chief Executive Officer Michael Elbaz - Chief Financial Officer Conference Call Participants Anthony Stoss - Craig-Hallum Capital Group LLC Tim Savageaux - Northland Capital Markets Operator Good afternoon. Welcome to Airgain’s Second Quarter 2024 Earnings Conference Call. My name is Joe, and I will be your operator for today’s call. Joining us today are Airgain’s President ...
Airgain (AIRG) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-06 23:50
Airgain (AIRG) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 28.57%. A quarter ago, it was expected that this antenna products developer would post a loss of $0.08 per share when it actually produced a loss of $0.08, delivering no surprise.Over the last four quarters, the company has surpas ...
Airgain(AIRG) - 2024 Q2 - Quarterly Report
2024-08-06 21:26
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number: 001-37851 AIRGAIN, INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organi ...
Airgain(AIRG) - 2024 Q2 - Quarterly Results
2024-08-06 20:25
Exhibit 99.1 Airgain® Reports Second Quarter 2024 Financial Results SAN DIEGO, CA, August 6, 2024 – Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems across the globe, today reported financial results for the second quarter ended June 30, 2024. "We are pleased to report sequential revenue growth as we continue to effectively navigate macro-economic challenges," said Airgain's President ...