Should I buy or sell Inseego stock right now?

2 Wall Street 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 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. View INSG analyst ratings or view top-rated stocks .

What is Inseego's stock price target for 2024?

2 analysts have issued 1 year price objectives for Inseego's shares. Their INSG share price targets range from $1.00 to $1.30. On average, they predict the company's stock price to reach $1.15 in the next year. This suggests a possible upside of 360.0% from the stock's current price. View analysts price targets for INSG or view top-rated stocks among Wall Street analysts .

How have INSG shares performed in 2023?

Inseego's stock was trading at $0.8425 at the start of the year. Since then, INSG stock has decreased by 70.3% and is now trading at $0.25. View the best growth stocks for 2023 here .

When is Inseego's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024. View our INSG earnings forecast .

How were Inseego's earnings last quarter?

Inseego Corp. (NASDAQ:INSG) issued its earnings results on Thursday, November, 2nd. The technology company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.13. The technology company earned $48.58 million during the quarter, compared to the consensus estimate of $55.27 million.

What other stocks do shareholders of Inseego own?

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) .

Who are Inseego's major shareholders?

Inseego's stock is owned by a number of institutional and retail investors. Top institutional shareholders include GSA Capital Partners LLP (1.37%), Jacobs Levy Equity Management Inc. (0.72%), Wolverine Asset Management LLC (0.00%), Group One Trading L.P. (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Ashish Sharma , Brian Miller, Dan Mondor , Doug Kahn , Ltd Braslyn and Wei Ding. View institutional ownership trends .

How do I buy shares of Inseego?

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. Compare Top Brokerages Here .

Inseego Stock Price, News & Analysis (NASDAQ:INSG)

$0.25

+0.00 (+1.23%)

(As of 11:32 AM ET)

Compare

Today's Range: $0.24
▼
$0.25
50-Day Range: $0.19
▼
$0.52
52-Week Range: $0.17
▼
$1.32

Volume: 141,976 shs
Average Volume: 909,334 shs
Market Capitalization: $28.85 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.15

Inseego MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 360.0% Upside
$1.15 Price Target
Short Interest: Bearish
6.52% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.68
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.37) to ($0.27) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.62 out of 5 stars

Computer And Technology Sector

421st out of 591 stocks

Communication Equipment Industry

6th out of 9 stocks

3.0

Analyst's Opinion

Consensus Rating
Inseego has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $1.15, Inseego has a forecasted upside of 360.0% from its current price of $0.25.
Amount of Analyst Coverage
Inseego has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
6.52% of the float of Inseego has been sold short.
Short Interest Ratio / Days to Cover
Inseego has a short interest ratio ("days to cover") of 8.4.
Change versus previous month
Short interest in Inseego has recently decreased by 1.30%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Inseego does not currently pay a dividend.
Dividend Growth
Inseego does not have a long track record of dividend growth.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Inseego has received a 38.08% net impact score from Upright. Inseego seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Backbone routers", "IoT modular gateways", and "Consumer routers" products. See details.
Environmental Sustainability
The Environmental Impact score for Inseego is -1.68.

0.6

News and Social Media Coverage

Search Interest
5 people have searched for INSG on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Inseego to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Inseego insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.00% of the stock of Inseego is held by insiders.
Percentage Held by Institutions
Only 34.20% of the stock of Inseego is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Inseego are expected to grow in the coming year, from ($0.37) to ($0.27) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Inseego is -0.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Inseego is -0.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About Inseego Stock (NASDAQ:INSG)

Inseego Corp. engages in the design and development of fixed and mobile wireless solutions, industrial Internet of Things (IIoT), and cloud solutions for large enterprise verticals, service providers, small and medium-sized businesses, governments, and consumers worldwide. The company provides wireless 4G and 5G hardware products, including private LTE/5G networks, First responders network authority/Firstnet, SD-WAN, telematics, remote monitoring and surveillance, and fixed wireless access and mobile broadband devices. Its products include 4G and 5G fixed wireless routers and gateways, mobile hotspots, and wireless gateways and routers for IIoT applications; and Gb speed 4G LTE hotspots and USB modems, integrated telematics, and mobile tracking hardware devices, which are supported by applications software and cloud services designed to enable customers to analyze data insights and configure/manage their hardware remotely. In addition, the company sells software-as-a-service (SaaS), software, and services solutions in various mobile and IIoT vertical markets comprising fleet management, vehicle telematics, stolen vehicle recovery, asset tracking, monitoring, business connectivity, and subscription management. Its SaaS delivery platforms include telematics, asset tracking, and management platforms which provide fleet, vehicle, aviation, asset, and other telematics applications; and Inseego Subscribe, a hosted SaaS platform that helps organizations in managing the selection, deployment, and spend of their customers wireless assets by helping them to save money on personnel and telecom expenses. The company was founded in 1996 and is based in San Diego, California.

INSG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

INSG Stock News Headlines

November 28, 2023 | baystreet.ca

Inseego Flat on New 5G Wireless Access

November 8, 2023 | morningstar.com

Inseego Corp INSG

December 6, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com

November 8, 2023 | finance.yahoo.com

Inseego Corp. (NASDAQ:INSG) Analysts Are Reducing Their Forecasts For Next Year

November 4, 2023 | uk.finance.yahoo.com

Inseego Corp (INSG) Reports Q3 2023 Financial Results: Net Loss of $21.

November 1, 2023 | msn.com

Inseego Q3 2023 Earnings Preview

October 20, 2023 | msn.com

Stifel Maintains Inseego (INSG) Hold Recommendation

September 16, 2023 | nasdaq.com

Stifel Reiterates Inseego (INSG) Hold Recommendation

December 6, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

August 22, 2023 | msn.com

TD Cowen Maintains Inseego (INSG) Market Perform Recommendation

August 3, 2023 | finance.yahoo.com

Inseego Reports Second Quarter 2023 Financial Results

July 19, 2023 | businesswire.com

CORRECTING and REPLACING Inseego Corp. to Report Second Quarter 2023 Financial Results on August 2, 2023

May 26, 2023 | msn.com

Fast-paced Momentum Stock Inseego (INSG) Is Still Trading at a Bargain

May 16, 2023 | finance.yahoo.com

Shareholders in Inseego (NASDAQ:INSG) have lost 89%, as stock drops 12% this past week

May 10, 2023 | finance.yahoo.com

Why Fast-paced Mover Inseego (INSG) Is a Great Choice for Value Investors

March 7, 2023 | insidermonkey.com

Inseego Corp. (NASDAQ:INSG) Q4 2022 Earnings Call Transcript

March 1, 2023 | finance.yahoo.com

Inseego (INSG) Reports Q4 Loss, Misses Revenue Estimates

March 1, 2023 | finance.yahoo.com

Inseego Reports Fourth Quarter and Full Year 2022 Financial Results

November 9, 2022 | finance.yahoo.com

Inseego Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags

October 19, 2022 | businesswire.com

Inseego Corp. to Report Third Quarter 2022 Financial Results on November 2, 2022 - Business Wire

October 19, 2022 | finance.yahoo.com

Inseego Corp. to Report Third Quarter 2022 Financial Results on November 2, 2022

October 12, 2022 | venturebeat.com

Inseego, CyberReef partner to secure 5G networks in regulated industries - VentureBeat

October 12, 2022 | businesswire.com

Inseego Partners with CyberReef to Deliver Mobile Firewall Security Solution to Education, Healthcare and Retail Industries - Business Wire

September 12, 2022 | businesswire.com

Drei Austria introduces Inseego 5G Fixed Wireless for business customers - Business Wire

September 8, 2022 | forbes.com

Peachtree Corners Takes 5G Use Cases To New Heights - Forbes

August 26, 2022 | nasdaq.com

While institutions own 34% of Inseego Corp. (NASDAQ:INSG), individual investors are its largest shareholders with 42% ownership

August 22, 2022 | seekingalpha.com

Inseego Stock: An Inflection Point Is Near (NASDAQ:INSG) - Seeking Alpha

See More Headlines

Receive INSG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Inseego and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 11/02/2023
Today: 12/06/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/06/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Communication Equipment
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:INSG
CUSIP: N/A
CIK: 1022652
Web: www.inseego.com
Phone: (858) 812-3400
Fax: 858-812-3402
Employees: 391
Year Founded: 1996

Price Target and Rating

Average Stock Price Target: $1.15
High Stock Price Target: $1.30
Low Stock Price Target: $1.00
Potential Upside/Downside: +360.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.43)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-67,970,000.00
Net Margins: -22.58%
Pretax Margin: -22.23%
Return on Equity: N/A
Return on Assets: -30.61%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.07
Quick Ratio: 0.70

Sales & Book Value

Annual Sales: $245.32 million
Price / Sales: 0.12
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($0.65) per share
Price / Book: -0.38

Miscellaneous

Outstanding Shares: 117,030,000
Free Float: 114,691,000
Market Cap: $29.26 million
Optionable: Optionable
Beta: 1.18

Social Links

Beginners Guide To Retirement Stocks

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

Key Executives

Mr. Ashish Sharma (Age 51)
CEO & President
Comp: $764.36k
Mr. Steven H. Gatoff (Age 56)
CFO & Principal Accounting Officer
Mr. Kurt E. Scheuerman (Age 55)
Chief Administrative Officer, General Counsel & Corporate Secretary
Mr. Mark Frisch
Executive Vice President of Americas Sales
Mr. Stephen Brown
Senior Vice President of Enterprise Sales
Mr. Ritesh Mukherjee
Senior VP & GM of Enterprise Networking Business
Mr. Vishal Donthireddy
Senior Vice President of Engineering - Inseego Fellow
Mr. Steve Harmon
Chief Revenue Officer
Ms. Keri Bolding
Senior VP of Global Channel Sales & Distribution

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

INSG Stock Analysis - Frequently Asked Questions

Should I buy or sell Inseego stock right now?: 2 Wall Street 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 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.
View INSG analyst ratings or view top-rated stocks.
What is Inseego's stock price target for 2024?: 2 analysts have issued 1 year price objectives for Inseego's shares. Their INSG share price targets range from $1.00 to $1.30. On average, they predict the company's stock price to reach $1.15 in the next year. This suggests a possible upside of 360.0% from the stock's current price.
View analysts price targets for INSG or view top-rated stocks among Wall Street analysts.
How have INSG shares performed in 2023?: Inseego's stock was trading at $0.8425 at the start of the year. Since then, INSG stock has decreased by 70.3% and is now trading at $0.25.
View the best growth stocks for 2023 here.
When is Inseego's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024.
View our INSG earnings forecast.

How were Inseego's earnings last quarter?: Inseego Corp. (NASDAQ:INSG) issued its earnings results on Thursday, November, 2nd. The technology company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.13. The technology company earned $48.58 million during the quarter, compared to the consensus estimate of $55.27 million.
What other stocks do shareholders of Inseego own?: 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).
Who are Inseego's major shareholders?: Inseego's stock is owned by a number of institutional and retail investors. Top institutional shareholders include GSA Capital Partners LLP (1.37%), Jacobs Levy Equity Management Inc. (0.72%), Wolverine Asset Management LLC (0.00%), Group One Trading L.P. (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Ashish Sharma, Brian Miller, Dan Mondor, Doug Kahn, Ltd Braslyn and Wei Ding.
View institutional ownership trends.
How do I buy shares of Inseego?: 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.
Compare Top Brokerages Here.

This page (NASDAQ:INSG) was last updated on 12/6/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial