AIRG
Airgain, Inc.
AIRG's outlook is improving, though it still trails on the overall score.
MU
Micron Technology, Inc.
MU has the edge over AIRG overall, supported by stronger fundamentals and stronger valuation.
AIRG Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Strong |
AIRG's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
AIRG PE Valuation
AIRG has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 17x next year's earnings.
MU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 4.6x | $798 | — |
| Cheap | 10x | $777 | -2.7% |
| Current | 11x | $798 | — |
| Fair | 22x | $1,646 | +106% |
| Expensive | 32x | $2,404 | +201% |
Historical ranges are pointers, not guarantees.
MU's PE is in its cheap range at 11x. If earnings grow as analysts expect, today's price would be 4.6x next year's earnings.
AIRG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect AIRG to return to profit, with revenue growing. However, they disagree widely on these estimates.
MU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for MU, with profitability improving.
AIRG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.21 | — |
| Q3 2026 | -$0.53 | -$0.03 |
| Q2 2026 | -$0.57 | +$0.01 |
| Q1 2026 | -$0.56 | +$0.13 |
| Q4 2025 | -$0.54 | +$0.25 |
| Q3 2025 | -$0.50 | +$0.65 |
| Q2 2025 | -$0.58 | +$0.59 |
| Q1 2025 | -$0.69 | +$0.46 |
| Q4 2024 | -$0.79 | +$0.41 |
AIRG is still losing money, but far less than before: $0.53 per share over the past year, against $1.28 at its worst in early 2022.
MU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $174.95 | +135% |
| Q3 2026 | $74.33 | +879% |
| Q2 2026 | $44.17 | +693% |
| Q1 2026 | $21.18 | +405% |
| Q4 2025 | $10.52 | +201% |
| Q3 2025 | $7.59 | +984% |
| Q2 2025 | $5.57 | +$6.99 |
| Q1 2025 | $4.19 | +$7.64 |
| Q4 2024 | $3.49 | +$9.77 |
MU has the edge over AIRG on earnings quality, reporting a profit while its opponent remains loss making.
AIRG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $15.3M | +9.3% |
| Q2 2026 | $13.7M | +0.6% |
| Q1 2026 | $11.5M | -4.2% |
| Q4 2025 | $12.1M | -20% |
| Q3 2025 | $14M | -13% |
| Q2 2025 | $13.6M | -10% |
| Q1 2025 | $12M | -16% |
| Q4 2024 | $15.1M | +50% |
AIRG's revenue is recovering but still below its 2022 peak: $15M last quarter, up 9.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -3% | +3.9 points |
| Q2 2026 | -12% | +2.4 points |
| Q1 2026 | -18% | +7.4 points |
| Q4 2025 | -20% | -6.8 points |
| Q3 2025 | -6.9% | +4.4 points |
| Q2 2025 | -15% | +1.8 points |
| Q1 2025 | -26% | -7.3 points |
| Q4 2024 | -13% | +41 points |
AIRG's operating margin was −3% last quarter, up 3.9 points from the same quarter a year ago.
MU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $54.2B | +379% |
| Q2 2026 | $41.5B | +346% |
| Q1 2026 | $23.9B | +196% |
| Q4 2025 | $13.6B | +57% |
| Q3 2025 | $11.3B | +46% |
| Q2 2025 | $9.3B | +37% |
| Q1 2025 | $8.1B | +38% |
| Q4 2024 | $8.7B | +84% |
MU has the edge over AIRG on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 81% | +48 points |
| Q2 2026 | 80% | +57 points |
| Q1 2026 | 68% | +46 points |
| Q4 2025 | 45% | +20 points |
| Q3 2025 | 32% | +13 points |
| Q2 2025 | 23% | +13 points |
| Q1 2025 | 22% | +19 points |
| Q4 2024 | 25% | +49 points |
MU has the edge over AIRG on profitability, with a higher operating margin.
AIRG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$175K | +$243K |
| Q2 2026 | -$1.8M | -1716% |
| Q1 2026 | -$814K | +$253K |
| Q4 2025 | $93K | +$120K |
| Q3 2025 | -$418K | +$788K |
| Q2 2025 | $113K | +$1.4M |
| Q1 2025 | -$1.1M | +$112K |
| Q4 2024 | -$27K | +$2.1M |
AIRG has burned cash in most quarters: −$3M over the past year, against −$1M the year before.
MU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $32.9B | +45543% |
| Q2 2026 | $17.6B | +951% |
| Q1 2026 | $5.5B | +$5.6B |
| Q4 2025 | $3B | +7853% |
| Q3 2025 | $72M | -75% |
| Q2 2025 | $1.7B | +322% |
| Q1 2025 | -$113M | +$52M |
| Q4 2024 | $38M | +$433M |
MU has the edge over AIRG on cash generation, producing positive trailing cash flow while its opponent burns cash.
AIRG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.3% | +300K shares |
| 1 year | +11% | +1.4M shares |
| 3 years | +26% | +2.7M shares |
| 5 years | +30% | +3.1M shares |
| Available history | +30% | +3M shares |
AIRG has 13M diluted shares, up 11% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q4 2021 | — |
| Q3 2021 | $97,000 |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | $418,000 |
MU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -2M shares |
| 1 year | +1.6% | +18M shares |
| 3 years | +4.6% | +50M shares |
| 5 years | +0.2% | +2M shares |
| Available history | +1.2% | +14M shares |
MU has the edge over AIRG on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $350M |
| Q4 2025 | $300M |
| Q3 2024 | $300M |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
MU has spent almost nothing on buybacks in the past year.
AIRG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2019 | -8.6x | Net Cash |
AIRG has more cash than debt.
MU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
MU has more cash than debt.
AIRG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 25.9 | Oversold |
| Stochastic | 7.8 | Oversold |
AIRG's weekly RSI is 26 (oversold) and its Stochastic is 8 (oversold).
MU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.1 | Neutral |
| Stochastic | 26.9 | Neutral |
MU's weekly RSI is 47 (neutral) and its Stochastic is 27 (neutral).
AIRG PE vs Technology Sector
| Metric | AIRG | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
AIRG has no meaningful PE right now: it lost money over the past year.
MU PE vs Technology Sector
| Metric | MU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 61% below |
| PE % | 18 | 35 | 17 pts below |
MU is trading at 11x earnings, a 61% discount to the Technology sector's median of 28x.
AIRG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.23 | 12% below |
| 20 week MA | $5.06 | 27% below |
| 50 week MA | $5.26 | 29% below |
| 100 week MA | $5.02 | 26% below |
| 200 week MA | $5.34 | 31% below |
AIRG is in a downtrend: it's below all five of its weekly moving averages, and 31% below its 200-week average.
MU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $914.5 | 13% below |
| 20 week MA | $931.0 | 14% below |
| 50 week MA | $685.9 | 16% above |
| 100 week MA | $405.4 | 97% above |
| 200 week MA | $246.0 | 225% above |
MU has the edge over AIRG on trend strength, trading above more of its moving averages.
AIRG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.5 | $15.2 | +45% |
| 2021 | $15.2 | $10.6 | -30% |
| 2022 | $10.6 | $6.45 | -39% |
| 2023 | $6.45 | $3.56 | -45% |
| 2024 | $3.56 | $7.16 | +101% |
| 2025 | $7.16 | $4.00 | -44% |
| 2026 YTD | $4.00 | $3.71 | -7.3% |
AIRG has finished lower in four of the last six years. It's down 7.3% so far in 2026.
MU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.0 | $70.6 | +31% |
| 2021 | $70.6 | $94.4 | +34% |
| 2022 | $94.4 | $50.2 | -47% |
| 2023 | $50.2 | $85.3 | +70% |
| 2024 | $85.3 | $88.6 | +3.9% |
| 2025 | $88.6 | $284.8 | +221% |
| 2026 YTD | $284.8 | $798.4 | +180% |
MU has the edge over AIRG on returns for 2026, with the stronger performance.