AIRG Stock Summary and Trading Ideas (Airgain | NASDAQ:AIRG)

Airgain Inc is engaged in providing antenna technologies. These technologies can be used to enable performance wireless networking across devices and markets which include connected homes, enterprises, automotive, and the Internet of Things. It also provides solutions to complex radio frequency, engineering challenges, and improving wireless service that require higher throughput, broad coverage footprint, and carrier-grade quality. Geographically, it derives maximum revenue from North America and also has a presence in China and the Rest of the World. The company products include Antenna Plus: Fleet, M2M, IoT Antennas, Carrier-Class Antenna, Embedded Antennas, and External Dipole Antennas.

Airgain trades on the NASDAQ stock market under the symbol AIRG.

As of March 4, 2025, AIRG stock price climbed to $5.40 with 49,748 million shares trading.

AIRG has a beta of 1.56, meaning it tends to be more sensitive to market movements. AIRG has a correlation of 0.11 to the broad based SPY ETF.

AIRG has a market cap of $61.26 million. This is considered a Micro Cap stock.

Last quarter Airgain reported $15 million in Revenue and $.00 earnings per share. This fell short of revenue expectation by $-1 million and missed earnings estimates by -$.01.

In the last 3 years, AIRG traded as high as $11.33 and as low as $1.63.

The top ETF exchange traded funds that AIRG belongs to (by Net Assets): VTI, VXF, DFAS, IWC, DFAC.

AIRG has outperformed the market in the last year with a return of +39.5%, while the SPY ETF gained +15.1%. However, in the most recent history, AIRG shares have underperformed the stock market with its stock returning -39.3% in the last 3 month period and -24.5% for the last 2 week period, while SPY has returned -3.1% and -4.3%, respectively.

AIRG support price is $4.75 and resistance is $5.31 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AIRG shares will trade within this expected range on the day.