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Upturn AI Summary - About
Airgain Inc(AIRG)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for AIRG
10/07/2026: AIRG (3-star) is currently NOT-A-BUY. Pass it for now.
Airgain Inc is a specialized wireless hardware provider that designs advanced antenna and connectivity solutions for automotive, enterprise, and industrial IoT markets. The company has a leading position in niche antenna physics and has worked to pivot toward higher-margin automotive and enterprise connectivity segments. Its primary investment story centers on the successful integration of 5G technologies into vehicle telematics and smart infrastructure. However, the company faces risks related to intense competition, hardware revenue volatility, and the need for consistent execution in a fast-changing regulatory environment. It remains a stock best suited for investors with a higher risk tolerance, who should monitor contract wins and gross margin improvements closely.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company targets high-growth IoT and automotive markets but has yet to demonstrate consistent, scalable growth. |
| Momentum investor | Mixed fit | The stock often requires specific positive triggers or industry tailwinds to sustain upward momentum. |
| Value investor | Weak fit | The lack of consistent earnings and the nature of the hardware business make it difficult to establish a traditional value floor. |
| Dividend investor | Weak fit | The company does not pay dividends and focuses entirely on growth and capital reinvestment. |
| Low-risk investor | Weak fit | Small-cap volatility and technology-sector risks make this unsuitable for a low-risk portfolio. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | As a small-cap hardware company, the stock is subject to significant fluctuations based on market sentiment and earnings reports. |
| Valuation risk | Medium | Valuations are highly dependent on future growth assumptions which are susceptible to changing market conditions. |
| Competition risk (wireless hardware) | High | Airgain competes against larger, well-funded incumbents and low-cost manufacturers in the hardware space. |
| Business quality | Medium | While the technology is specialized, the business model faces challenges regarding long-term margin stability. |
| Dividend income | Low / none | No dividend income is provided to shareholders. |
| Execution risk | Medium / high | Success relies heavily on the timely execution of complex product designs for demanding automotive and enterprise clients. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 133.73% | Avg. Invested days 69 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  5.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/07/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 53.37M USD | Price to earnings Ratio - | 1Y Target Price 8.88 |
Price to earnings Ratio - | 1Y Target Price 8.88 | ||
Volume (30-day avg) 59.1K shares | Beta 0.92 | 52 Weeks Range 3.00 - 7.66 | Updated Date 10/07/2026 |
52 Weeks Range 3.00 - 7.66 | Updated Date 10/07/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.57 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Automotive and Industrial IoT | Antennas, modems, and connectivity modules for fleet, public safety, and smart industrial devices. | Revenue is earned by selling high-tech wireless components that help devices connect to 5G and other networks. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 20.96 | Enterprise Value 65.51M | Price to Sales(TTM) 1.04 |
Enterprise Value 65.51M | Price to Sales(TTM) 1.04 | ||
Enterprise Value to Revenue 1.28 | Enterprise Value to EBITDA 150.37 | Shares Outstanding 12.68M | Shares Floating 10.62M |
Shares Outstanding 12.68M | Shares Floating 10.62M | ||
Percent Insiders 20.87 | Percent Institutions 31.23 |
Upturn AI Summary
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.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Airgain Inc
Exchange NASDAQ | Headquarters San Diego, CA, United States | ||
IPO Launch date 2016-08-12 | President, CEO & Director Mr. Jacob Suen | ||
Sector Technology | Industry Communication Equipment | Full time employees 106 | Website https://airgain.com |
Full time employees 106 | Website https://airgain.com | ||
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.
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