Inseego (INSG) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Inseego in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" INSG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in INSG, but not buy additional shares or sell existing shares.
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2 equities research analysts have issued 1 year target prices for Inseego's stock. Their INSG share price forecasts range from $1.30 to $1.50. On average, they predict the company's stock price to reach $1.40 in the next twelve months. This suggests a possible upside of 254.3% from the stock's current price.
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Inseego's stock was trading at $0.8425 at the beginning of the year. Since then, INSG stock has decreased by 53.1% and is now trading at $0.3952.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
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Inseego Corp. (NASDAQ:INSG) issued its quarterly earnings data on Wednesday, August, 2nd. The technology company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.01. The technology company had revenue of $53.56 million for the quarter, compared to the consensus estimate of $51.75 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Inseego investors own include NVIDIA (NVDA), Nokia Oyj (NOK), Marvell Technology (MRVL), QUALCOMM (QCOM), Block (SQ), Advanced Micro Devices (AMD), Micron Technology (MU), Tesla (TSLA), Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Alibaba Group (BABA).

Inseego trades on the NASDAQ under the ticker symbol "INSG."

Inseego's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (1.00%), Renaissance Technologies LLC (0.71%), Geode Capital Management LLC (0.66%), Goldman Sachs Group Inc. (0.49%), Charles Schwab Investment Management Inc. (0.36%) and State Street Corp (0.27%). Insiders that own company stock include Ashish Sharma, Brian Miller, Dan Mondor, Doug Kahn, Ltd Braslyn and Wei Ding.
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Shares of INSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of INSG stock can currently be purchased for approximately $0.40.

Inseego (NASDAQ:INSG) has a market capitalization of $46.19 million and generates $245.32 million in revenue each year. The technology company earns $-67,970,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis.

The company employs 391 workers across the globe.

Inseego's mailing address is 12600 Deerfield Parkway Suite 100, Alpharetta GA, 30004. The official website for the company is www.inseego.com. The technology company can be reached via phone at (858) 812-3400, via email at joohunkim@mkrir.com, or via fax at 858-812-3402.