Inseego Corp. (INSG)

NASDAQ: INSG · Real-Time Price · USD
12.42
-0.39 (-3.01%)
Nov 20, 2024, 4:00 PM EST - Market closed
-3.01%
Market Cap 152.55M
Revenue (ttm) 207.48M
Net Income (ttm) -12.40M
Shares Out 12.28M
EPS (ttm) -1.03
PE Ratio n/a
Forward PE 57.77
Dividend n/a
Ex-Dividend Date n/a
Volume 193,656
Open 12.80
Previous Close 12.81
Day's Range 12.25 - 12.84
52-Week Range 1.60 - 20.67
Beta 1.60
Analysts Buy
Price Target 16.00 (+28.82%)
Earnings Date Nov 12, 2024

About INSG

Inseego Corp. engages in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions for businesses, consumers, and governments worldwide. The company provides 5G and 4G mobile broadband solutions, such as mobile hotspots under the MiFi brand; and 4G VoLTE products and 4G USB modems. It also offers fixed wireless access solutions, including indoor, outdoor, and industrial routers and gateways. In addition, the company provides Inseego Connect solution for device management; and 5G SD EDGE solution... [Read more]

Sector Technology
IPO Date Nov 16, 2000
Employees 345
Stock Exchange NASDAQ
Ticker Symbol INSG
Full Company Profile

Financial Performance

In 2023, Inseego's revenue was $195.69 million, a decrease of -20.23% compared to the previous year's $245.32 million. Losses were -$49.18 million, -30.45% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for INSG stock is "Buy." The 12-month stock price forecast is $16.0, which is an increase of 28.82% from the latest price.

Price Target
$16.0
(28.82% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Inseego's Turnaround Gains Traction: New Products And Partnerships to Fuel Future Growth, Says Analyst

Roth MKM analyst Scott W. Searle upgraded Inseego Corp. INSG from Neutral to Buy, raising the price forecast from $13 to $15.

6 days ago - Benzinga

Inseego: Disappointing Outlook Puts An End To Epic Rally - Sell

On Tuesday, mobile broadband and fixed wireless access solutions provider Inseego reported better than expected Q3/2024 results. However, management provided a disappointing outlook for Q4 with sales ...

7 days ago - Seeking Alpha

Inseego Corp. (INSG) Q3 2024 Earnings Call Transcript

Inseego Corp. (NASDAQ:INSG) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Phil Brace - Executive Chairman Steven Gatoff - CFO Conference Call Participants Scott S...

8 days ago - Seeking Alpha

Inseego Corp. to Report Third Quarter 2024 Financial Results on November 12, 2024

SAN DIEGO--(BUSINESS WIRE)---- $INSG #earnings--Inseego Corp. to Report Third Quarter 2024 Financial Results on November 12, 2024.

5 weeks ago - Business Wire

Inseego Launches First Multi-Carrier Certified, MiFi® Branded, 5G Mobile Hotspot for the Inseego Ignite™ Channel Program

SAN DIEGO--(BUSINESS WIRE)-- #MiFi--Inseego announces availability of the first multi-carrier certified, MiFi branded, 5G Mobile Hotspot for Inseego Ignite Channel program.

5 weeks ago - Business Wire

Inseego Announces Sale of Telematics Business For $52 Million in Cash

SAN DIEGO--(BUSINESS WIRE)-- #Putting5GtoWork--Inseego Corp. (Nasdaq: INSG) (the “Company” or “Inseego”), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fo...

2 months ago - Business Wire

Inseego Continues Debt Reduction and Capital Structure Improvements

SAN DIEGO--(BUSINESS WIRE)-- #Putting5GtoWork--Inseego continues to improve its capital structure and reduces its total debt.

2 months ago - Business Wire

Inseego Launches First Multi-Carrier Certified Fixed Wireless Access (FWA) 5G Indoor Router for New Inseego Ignite™ Channel Program

SAN DIEGO--(BUSINESS WIRE)-- #Putting5GtoWork--Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless access solutions for mobile network operators, enterprise, government a...

2 months ago - Business Wire

Inseego Corp. (INSG) Q2 2024 Earnings Call Transcript

Inseego Corp. (NASDAQ:INSG) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Phil Brace - Executive Chairman Steven Gatoff - Chief Financial Officer Conference Call Par...

3 months ago - Seeking Alpha

Inseego Reports Second Quarter 2024 Financial Results

SAN DIEGO--(BUSINESS WIRE)---- $insg #earnings--Inseego Reports Second Quarter 2024 Financial Results.

3 months ago - Business Wire

Inseego Extends the Appointment of Philip Brace as Executive Chairman

SAN DIEGO--(BUSINESS WIRE)-- #Putting5GtoWork--Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, and SM...

3 months ago - Business Wire

Inseego Adds to Operational Leadership Team with New Appointments

SAN DIEGO--(BUSINESS WIRE)-- #Putting5GtoWork--Inseego Adds to Operational Leadership Team with New Appointments.

4 months ago - Business Wire

Inseego Corp. to Report Second Quarter 2024 Financial Results on August 7, 2024

SAN DIEGO--(BUSINESS WIRE)-- #earnings--Inseego Corp. to Report Second Quarter 2024 Financial Results on August 7, 2024.

4 months ago - Business Wire

Inseego Announces Debt Reduction and Restructuring Transactions of Convertible Notes due 2025

SAN DIEGO--(BUSINESS WIRE)-- #inseego--Inseego Announces Debt Reduction and Restructuring Transactions of Convertible Notes due 2025.

5 months ago - Business Wire

Inseego Announces Industry's First FIPS 140-2 Certified 5G Mobile Hotspot, MiFi® X PRO

SAN DIEGO--(BUSINESS WIRE)-- #Putting5GtoWork--The Inseego MiFi X PRO now includes FIPS 140-2 federally validated cryptographic software.

6 months ago - Business Wire

Inseego Corp. (INSG) Q1 2024 Earnings Call Transcript

Inseego Corp. (NASDAQ:INSG) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Phil Brace - Executive Chairman Steven Gatoff - CFO Conference Call Participants Tore Svanberg...

6 months ago - Seeking Alpha

Inseego Reports First Quarter 2024 Financial Results

SAN DIEGO--(BUSINESS WIRE)---- $INSG #5Gstocks--Inseego Reports First Quarter 2024 Financial Results.

6 months ago - Business Wire

Inseego Voluntarily Pays-off and Terminates Asset-Backed Loan Facility to Improve Capital Structure Flexibility and Meaningfully Reduce Financing Costs

SAN DIEGO--(BUSINESS WIRE)--Inseego Corp. (Nasdaq: INSG) (the “Company”), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, and SMBs,...

7 months ago - Business Wire

Inseego Corp. to Report First Quarter 2024 Financial Results on May 9, 2024

SAN DIEGO--(BUSINESS WIRE)---- $insg #Insgq1--Inseego Corp. (Nasdaq: INSG), a technology leader in 5G and 4G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises a...

7 months ago - Business Wire

Inseego Corp. (INSG) Q4 2023 Earnings Call Transcript

Inseego Corp. (INSG) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Inseego reports Fourth Quarter and Full Year 2023 Financial Results and announces CEO transition

SAN DIEGO--(BUSINESS WIRE)---- $insg #earnings--Inseego Corp. (Nasdaq: INSG) (the “Company”), a technology leader in 5G and 4G mobile and fixed wireless solutions for mobile network operators, Fortune...

9 months ago - Business Wire

Inseego Corp. to Report Fourth Quarter and Full Year 2023 Financial Results on Feburary 21, 2024

SAN DIEGO--(BUSINESS WIRE)---- $INSG #earnings--Inseego Corp. to Report Fourth Quarter and Full Year 2023 Financial Results on Feburary 21, 2024.

10 months ago - Business Wire

Inseego Announces Reverse Stock Split

SAN DIEGO--(BUSINESS WIRE)---- $INSG #5GStocks--Inseego Corp. (Nasdaq: INSG) (the “Company”) today announced that it intends to effect a 1-for-10 reverse stock split of its issued and outstanding shar...

10 months ago - Business Wire

Inseego Appoints SVP of Global Channel Sales and Distribution

SAN DIEGO--(BUSINESS WIRE)-- #Putting5GtoWork--Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, today announced Keri Bolding has joined the company in the newly-created role of SVP o...

1 year ago - Business Wire

Inseego Announces the Availability of Its Next Generation 5G Fixed Wireless Access (FWA) Indoor Router at T-Mobile

SAN DIEGO--(BUSINESS WIRE)-- #5G--Inseego Corp. announces the launch of the Inseego Wavemaker 5G indoor router FX3100 for T-Mobile for Business customers.

1 year ago - Business Wire