Airgain, Inc. (NASDAQ:AIRG) stock slipped Monday despite the company landing a multi-year, multi-million-dollar 5G design win, as investors grew cautious ahead of an earnings report expected to show falling revenue and a year-over-year loss.
The stock is already down more than 22% over the past 12 months.
Airgain Secures Major 5G Design Win
The company announced Monday that it has secured a multi‑year, multi‑million‑dollar embedded antenna design win for a next‑generation 5G home connectivity platform being developed by a major North American Mobile Network Operator (MNO).
This program includes Airgain’s antenna systems for both a 5G fixed wireless access router and a companion in-home Wi-Fi extender, with pre-production units expected to ship this quarter.
The announcement builds on Airgain’s previous Wi-Fi 7 design win, reinforcing its position within Tier-1 North American MNOs. The company is set to expand its offerings in high-volume consumer broadband platforms, which are increasingly critical as next-generation platforms integrate complex 5G and Wi-Fi 7 radio architectures.
“Wins like this enable us to fund and accelerate the growth of our next‑generation platforms, including AirgainConnect® Fleet™ and Lighthouse™, where we are expanding into higher‑value mobility, public‑safety, and enterprise connectivity markets. These investments are strengthening Airgain’s position as a diversified connectivity solutions provider and building the engine for our long‑term growth,” commented Jacob Suen, President and CEO of Airgain.
Technical Analysis
Currently, the stock is trading 6.05% below its 20-day simple moving average (SMA), indicating short-term weakness. Over the past 12 months, shares have fluctuated between $3.00 and $7.12, and they are currently closer to their 52-week lows than their highs.
The RSI is at 50.00, which is considered neutral territory, suggesting that the stock is neither overbought nor oversold at this time. Meanwhile, MACD is at 0.00, indicating a lack of momentum in either direction.
The combination of neutral RSI and bearish MACD suggests mixed momentum for the stock.
- Key Resistance: $5.00
- Key Support: $4.50
Upcoming Earnings
The countdown is on. Airgain is set to report earnings on February 26, 2026.
- EPS Estimate: Loss of 4 cents (Down from 0 cents YoY)
- Revenue Estimate: $12.96 million (Down from $15.08 million YoY)
Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $11.72. Recent analyst moves include:
- Lake Street: Initiated with Buy (Target $6.00) (Jan. 21)
- Northland Capital Markets: Outperform (Lowers Target to $7.00) (Nov. 17, 2025)
- Craig-Hallum: Buy (Lowers Target to $5.00) (Nov. 13, 2025)
AIRG Price Action: Airgain shares were down 2.54% at $4.99 at the time of publication on Monday, according to Benzinga Pro data.
Image via Shutterstock
