The Air Industries Group (AIRI) share price is expected to increase by 115.05% over the next year. This is based on calculating the average 12-month share price estimate provided by 1 stock analysts who have covered AIRI. Price targets range from $10 at the low end to $10 at the high end. The current analyst consensus for AIRI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Air Industries Group has a total of 1 Wall St Analyst ratings. There are 1 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Air Industries Group will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of AIRI.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Roth Capital | Buy | $1.75 | Initiates | Aug 31, 2017 |
When did it IPO
2000
Staff Count
180
Country
United States
Sector/Industry
Industrials/Aerospace & Defense
CEO
Mr. Luciano M. Melluzzo
Market Cap
$15.6M
In 2023, AIRI generated $51.5M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that AIRI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Air Industries Group (NYSE:AIRI) will host its Q3 2024 earnings conference call on November 14, 2024, at 4:30 PM ET, featuring CEO Lou Melluzzo and CFO Scott Glassman.
Why It Matters - The Q3 earnings call will provide insights into Air Industries Group's financial performance and strategic direction, influencing investor sentiment and stock valuation.
Summary - Air Industries Group (NYSE American: AIRI) will release its Q3 and nine-month financial results on November 14, 2024, at 7:00 AM ET, followed by a conference call at 4:30 PM ET.
Why It Matters - Air Industries' upcoming financial results and earnings call could signal shifts in performance and profitability, impacting stock valuation and investor sentiment in the aerospace and defense sector.
Summary - Air Industries Group (NYSE: AIRI) reported a 2.1% revenue increase and a $713,000 rise in gross profit for Q3 2024 compared to Q3 2023, along with a business outlook update.
Why It Matters - Air Industries' revenue and gross profit growth indicates improved operational efficiency and demand, signaling potential for higher future returns and stability in the aerospace and defense sector.
Summary - Air Industries (AIRI) reported a quarterly loss of $0.12 per share, worse than the expected loss of $0.02, but an improvement from a loss of $0.40 per share a year earlier.
Why It Matters - Air Industries' larger-than-expected quarterly loss may signal ongoing financial struggles, impacting investor confidence and stock performance amid year-over-year improvement.
Summary - Air Industries (AIRI) closed at $5.81, reflecting a decrease of 1.69% from the previous trading day.
Why It Matters - AIRI's decline of 1.69% could indicate weakening investor confidence or market sentiment, potentially affecting future stock performance and investment decisions.
Summary - Air Industries (AIRI) closed at $5.75, reflecting a decrease of 0.35% from the previous day's closing price.
Why It Matters - AIRI's slight decline indicates potential weakness in investor sentiment, which may affect trading strategies and overall market perception of the company's performance.