Inseego - INSG Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Inseego in the last twelve months. There are currently 2 hold ratings and 1 buy rating 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.
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3 analysts have issued 12 month price targets for Inseego's shares. Their INSG share price forecasts range from $1.00 to $5.00. On average, they anticipate the company's stock price to reach $3.67 in the next twelve months. This suggests a possible upside of 532.2% from the stock's current price.
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Inseego's stock was trading at $0.8425 on January 1st, 2023. Since then, INSG stock has decreased by 31.2% and is now trading at $0.58.
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Inseego saw a increase in short interest in March. As of March 15th, there was short interest totaling 8,460,000 shares, an increase of 5.9% from the February 28th total of 7,990,000 shares. Based on an average daily trading volume, of 702,800 shares, the short-interest ratio is presently 12.0 days.
View Inseego's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our INSG earnings forecast.

Inseego Corp. (NASDAQ:INSG) announced its quarterly earnings data on Wednesday, November, 3rd. The technology company reported ($0.08) EPS for the quarter, topping analysts' consensus estimates of ($0.11) by $0.03. The technology company had revenue of $66.22 million for the quarter, compared to the consensus estimate of $65.16 million. During the same period last year, the business posted ($0.06) EPS.

ETFs with the largest weight of Inseego (NASDAQ:INSG) stock in their portfolio include Invesco Nasdaq Future Gen 200 ETF (QQQS).ProShares Ultra Communication Services (LTL).

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 many different institutional and retail investors. Top institutional shareholders include Millennium Management LLC (1.23%), Charles Schwab Investment Management Inc. (0.57%), Morgan Stanley (0.41%), Two Sigma Investments LP (0.39%), GSA Capital Partners LLP (0.31%) and Jane Street Group LLC (0.31%). Insiders that own company stock include Ashish Sharma, Brian Miller, Dan Mondor, Doug Kahn, Ltd Braslyn, Stephen M Smith 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 $0.58.

Inseego (NASDAQ:INSG) has a market capitalization of $62.92 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 ($0.65) on an earnings per share basis.

The company employs 500 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.