Airgain price target lowered to $7 from $8 at Roth Capital

Roth Capital lowered the firm’s price target on Airgain (AIRG) to $7 from $8 and keeps a Buy rating on the shares. While consumer demand has normalized, AirgainConnect Fleet and Lighthouse are lagging early expectations, the analyst tells investors in a research note. Consequently, the firm adjusted its 2H25/2026 expectations to reflect a more modest near-term ramp, but believes that Airgain remains well-positioned with a tight cost structure as we enter the back half of 2025.