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Airgain Inc (AIRG)



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Upturn Advisory Summary
04/01/2025: AIRG (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -20.71% | Avg. Invested days 49 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 40.57M USD | Price to earnings Ratio - | 1Y Target Price 8.67 |
Price to earnings Ratio - | 1Y Target Price 8.67 | ||
Volume (30-day avg) 26336 | Beta 0.68 | 52 Weeks Range 3.35 - 10.34 | Updated Date 04/2/2025 |
52 Weeks Range 3.35 - 10.34 | Updated Date 04/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.79 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-04 | When After Market | Estimate 0.01 | Actual -0.1735 |
Profitability
Profit Margin -14.34% | Operating Margin (TTM) -13.13% |
Management Effectiveness
Return on Assets (TTM) -12.31% | Return on Equity (TTM) -27.85% |
Valuation
Trailing PE - | Forward PE 25.58 | Enterprise Value 35960742 | Price to Sales(TTM) 0.67 |
Enterprise Value 35960742 | Price to Sales(TTM) 0.67 | ||
Enterprise Value to Revenue 0.58 | Enterprise Value to EBITDA -5.64 | Shares Outstanding 11558900 | Shares Floating 9554125 |
Shares Outstanding 11558900 | Shares Floating 9554125 | ||
Percent Insiders 12.6 | Percent Institutions 36.91 |
Analyst Ratings
Rating 4.67 | Target Price 11.17 | Buy 1 | Strong Buy 2 |
Buy 1 | Strong Buy 2 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Airgain Inc

Company Overview
History and Background
Airgain Inc. was founded in 1995. Initially focused on embedded antenna technology for wireless communication, the company has evolved to provide connectivity solutions across various industries.
Core Business Areas
- Embedded Antennas: Design, development, and integration of embedded antenna solutions for wireless devices, including IoT devices, laptops, and other connected devices.
- External Antennas: Design and manufacturing of external antennas for various applications, including fleet management, public safety, and industrial IoT.
- Integrated Solutions: Connectivity modules and integrated solutions incorporating antennas, modems, and software for specific applications like asset tracking and smart metering.
Leadership and Structure
The company is led by a CEO and a management team overseeing various departments, including engineering, sales, marketing, and operations. A Board of Directors provides strategic oversight.
Top Products and Market Share
Key Offerings
- Embedded Antennas for IoT Devices: Antennas designed for small, low-power IoT devices. Airgain has a reasonable market share, but it is difficult to quantify precisely. Competitors include Fractus Antennas and Pulse Electronics.
- External Fleet Management Antennas: Antennas used in vehicles for GPS tracking and communication. Market share is difficult to ascertain due to fragmentation. Competitors include Laird Connectivity and PCTEL.
Market Dynamics
Industry Overview
The antenna market is driven by the increasing demand for wireless connectivity in various applications, including IoT, automotive, and telecommunications. The market is competitive and fragmented.
Positioning
Airgain Inc. positions itself as a provider of advanced antenna solutions for challenging wireless environments. It focuses on delivering high-performance and reliable connectivity solutions.
Total Addressable Market (TAM)
The global antenna market is estimated to be worth billions of dollars annually. Airgain is well-positioned to compete in this TAM.
Upturn SWOT Analysis
Strengths
- Strong expertise in antenna design and engineering
- Broad product portfolio catering to diverse applications
- Established relationships with key customers
- Focus on innovation and new product development
Weaknesses
- Relatively small size compared to major competitors
- Dependence on key customers and industries
- Fluctuations in sales cycles in key verticals
- Limited brand awareness compared to larger players
Opportunities
- Growth in the IoT market driving demand for antennas
- Expansion into new geographic markets
- Development of new antenna technologies
- Strategic acquisitions to expand product offerings
Threats
- Intense competition from larger antenna manufacturers
- Technological advancements rendering existing products obsolete
- Economic downturns impacting demand for wireless devices
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- Laird Connectivity
- PCTEL
- Fractus Antennas
- Pulse Electronics
Competitive Landscape
Airgain Inc. faces intense competition from larger players with greater resources and established market positions. It competes on product innovation, performance, and customer service.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Airgain Inc.'s historical growth has been impacted by the cyclical nature of its end markets and competitive pressures.
Future Projections: Future growth projections depend on analyst estimates and company guidance, requiring access to live financial data.
Recent Initiatives: Requires access to recent earning reports and news releases.
Summary
Airgain is a player in the antenna market facing strong competition. Their strength lies in expertise, but their size presents challenges. IoT growth is a tailwind; potential obsolescence and supply chain issues are threats. Financial performance needs continued improvement.
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Sources and Disclaimers
Data Sources:
- Company Website
- Industry Reports
- SEC Filings
- Analyst Reports
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It does not constitute financial advice. Market share numbers may be estimates and subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Airgain Inc
Exchange NASDAQ | Headquaters San Diego, CA, United States | ||
IPO Launch date 2016-08-12 | President, CEO, Chief Revenue Officer & Director Mr. Jacob Suen | ||
Sector Technology | Industry Communication Equipment | Full time employees 121 | Website https://www.airgain.com |
Full time employees 121 | Website https://www.airgain.com |
Airgain, Inc. provides wireless connectivity solutions that offers embedded components, external antennas, and integrated systems worldwide. The company's products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; profile ceramic embedded antenna; ultra embedded antennas; and SmartMax embedded antennas. It offers embedded and NimbeLink embedded moderms; custom cellular solutions; cellular IoT development; cellular IoT development kits; SIM cards; and IoT data plans. In addition, the company offers 5G connectivity, portable 5G connectivity, smart repeaters, and fixed wireless access; asset tracking solutions, devices, and partners; and external antennas, fleet antennas, IoT antennas, network antennas, vehicle networking, partner solutions, and accessories. It serves industrial, consumer, automotive fleet, enterprise, energy, medical, transportation, agriculture, services, and public safety markets. 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.
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