Inseego (NASDAQ:INSG - Get Free Report) is expected to be announcing its Q2 2025 earnings results after the market closes on Thursday, August 7th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $38.53 million for the quarter.
Inseego Stock Performance
Shares of INSG traded down $0.22 during trading hours on Friday, reaching $6.40. The stock had a trading volume of 162,734 shares, compared to its average volume of 118,335. Inseego has a 12 month low of $6.24 and a 12 month high of $20.67. The stock has a market capitalization of $96.26 million, a PE ratio of -18.82, a PEG ratio of 1.94 and a beta of 1.10. The company's 50-day moving average is $7.69 and its two-hundred day moving average is $8.94.
Analysts Set New Price Targets
Several equities analysts have commented on the company. Stifel Nicolaus dropped their target price on Inseego from $11.00 to $8.00 and set a "hold" rating for the company in a research report on Thursday, April 17th. Wall Street Zen downgraded Inseego from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Three investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Inseego has a consensus rating of "Moderate Buy" and an average price target of $13.00.
Check Out Our Latest Stock Analysis on INSG
Institutional Trading of Inseego
A hedge fund recently raised its stake in Inseego stock. Dynamic Technology Lab Private Ltd raised its stake in shares of Inseego (NASDAQ:INSG - Free Report) by 23.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,313 shares of the technology company's stock after purchasing an additional 3,685 shares during the period. Dynamic Technology Lab Private Ltd owned 0.13% of Inseego worth $158,000 at the end of the most recent quarter. Institutional investors own 34.20% of the company's stock.
About Inseego
(
Get Free Report)
Inseego Corp. engages in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions for businesses, consumers, and governments worldwide. The company provides 5G and 4G mobile broadband solutions, such as mobile hotspots under the MiFi brand; and 4G VoLTE products and 4G USB modems.
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