Inseego Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Inseego stock have an average target of 16, with a low estimate of 15 and a high estimate of 17. The average target predicts an increase of 31.04% from the current stock price of 12.21.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$15	$16	$16	$17
Change	+22.85%	+31.04%	+31.04%	+39.23%

Analyst Ratings

The average analyst rating for Inseego stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	1
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lance Vitanza TD Cowen	TD Cowen	Hold Maintains $20 → $16	Hold	Maintains	$20 → $16	+31.04%	Nov 15, 2024
Scott Searle Roth MKM	Roth MKM	Hold → Strong Buy Upgrades $13 → $15	Hold → Strong Buy	Upgrades	$13 → $15	+22.85%	Nov 14, 2024
Tore Svanberg Stifel	Stifel	Hold Maintains $11 → $17	Hold	Maintains	$11 → $17	+39.23%	Sep 17, 2024
Lance Vitanza TD Cowen	TD Cowen	Hold Maintains $14 → $15	Hold	Maintains	$14 → $15	+22.85%	Aug 14, 2024
Lance Vitanza TD Cowen	TD Cowen	Hold Maintains $12 → $14	Hold	Maintains	$12 → $14	+10.57%	Jul 2, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

221.62M

from 195.69M

13.25%

from 195.69M

Revenue Next Year

233.92M

from 221.62M

5.55%

from 221.62M

EPS This Year

0.13

from -4.32

EPS Next Year

0.54

from 0.13

305.13%

from 0.13

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	219.50M	313.83M	262.40M	245.32M	195.69M	221.62M	233.92M
Revenue Growth	8.41%	42.98%	-16.39%	-6.51%	-20.23%	13.25%	5.55%
EPS	-5.17	-11.87	-5.07	-6.59	-4.32	0.13	0.54
EPS Growth	-	-	-	-	-	-	305.13%
Forward PE	-	-	-	-	-	92.08	22.73
No. Analysts	-	-	-	-	-	5	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	228.9M	245.6M
Avg	221.6M	233.9M
Low	211.9M	222.0M

Revenue Growth

Revenue Growth	2024	2025
High	17.0%	10.8%
Avg	13.3%	5.6%
Low	8.3%	0.2%

EPS Forecast

EPS	2024	2025
High	0.18	0.87
Avg	0.13	0.54
Low	0.09	0.36

EPS Growth

EPS Growth	2024	2025
High	-	557.2%
Avg	-	305.1%
Low	-	173.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.