NASDAQ:INSG - Inseego Stock Price, Forecast & News

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

Inseego Corp (NASDAQ:INSG) released its earnings results on Wednesday, November, 6th. The technology company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.08. The technology company earned $62.72 million during the quarter, compared to analyst estimates of $59.77 million. Inseego's revenue was up 23.9% on a year-over-year basis. During the same period in the previous year, the company earned ($0.10) earnings per share. View Inseego's Earnings History.

Inseego is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Inseego.

6 analysts have issued 1-year target prices for Inseego's shares. Their forecasts range from $6.50 to $9.50. On average, they anticipate Inseego's share price to reach $8.42 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price. View Analyst Price Targets for Inseego.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Inseego in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Inseego.

News coverage about INSG stock has been trending positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Inseego earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Inseego.

Some companies that are related to Inseego include ESCO Technologies (ESE), Vocera Communications (VCRA), ADVA Optical Networking (ADVOF), Napco Security Technologies (NSSC), PowerFleet (PWFL), Iteris (ITI), I.D. Systems (IDSY), Turtle Beach (HEAR), Rekor Systems (REKR), UTStarcom (UTSI), Magal Security Systems (MAGS), Risk (George) Industries (RSKIA), Grow Capital (GRWC), Vislink Technologies (VISL) and Track Group (TRCK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Inseego investors own include Nokia Oyj (NOK), NVIDIA (NVDA), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Micron Technology (MU), Intel (INTC), Alibaba Group (BABA), Canopy Growth (CGC), AT&T (T) and Telefonaktiebolaget LM Ericsson (ERIC).

Inseego's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (1.09%), Cannell Capital LLC (0.87%), Geode Capital Management LLC (0.87%), Bank of America Corp DE (0.64%), Bank of New York Mellon Corp (0.23%) and Penserra Capital Management LLC (0.22%). Company insiders that own Inseego stock include Brian Miller, Harbor Ltd Golden and Jeffrey Tuder. View Institutional Ownership Trends for Inseego.

INSG stock was sold by a variety of institutional investors in the last quarter, including Cannell Capital LLC, Goldman Sachs Group Inc., Alliancebernstein L.P., AQR Capital Management LLC, National Asset Management Inc., Raymond James Financial Services Advisors Inc., Ladenburg Thalmann Financial Services Inc. and New York State Common Retirement Fund. View Insider Buying and Selling for Inseego.

INSG stock was bought by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Capital Wealth Alliance LLC, Panagora Asset Management Inc., Citigroup Inc., Advisory Services Network LLC, Penserra Capital Management LLC, State Street Corp and Oxford Asset Management LLP. View Insider Buying and Selling for Inseego.

Shares of INSG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of INSG stock can currently be purchased for approximately $7.46.

Inseego has a market capitalization of $599.73 million and generates $202.46 million in revenue each year. The technology company earns $-8,060,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. Inseego employs 819 workers across the globe.View Additional Information About Inseego.

The official website for Inseego is http://www.inseego.com/.

Inseego's mailing address is 12600 Deerfield Parkway Suite 100, SAN DIEGO CA, 30004. The technology company can be reached via phone at 858-812-3400 or via email at [email protected]