Inseego Corp. (INSG)
NASDAQ: INSG · IEX Real-Time Price · USD
11.61
-1.20 (-9.37%)
At close: Jul 2, 2024, 4:00 PM
11.62
+0.01 (0.09%)
After-hours: Jul 2, 2024, 7:38 PM EDT
Inseego Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Inseego stock have an average target of 11.75, with a low estimate of 10 and a high estimate of 13.5. The average target predicts an increase of 1.21% from the current stock price of 11.61.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Inseego stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Maintains $12 → $14 | Hold | Maintains | $12 → $14 | +16.28% | Jul 2, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $3.5 → $12 | Hold | Maintains | $3.5 → $12 | +3.36% | May 20, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $2.5 → $3.5 | Hold | Maintains | $2.5 → $3.5 | -69.85% | Mar 13, 2024 |
| Stifel | Stifel | Hold Maintains $15 → $10 | Hold | Maintains | $15 → $10 | -13.87% | Oct 19, 2023 |
| Stifel | Stifel | Hold Reiterates $15 | Hold | Reiterates | $15 | +29.20% | Sep 15, 2023 |
Financial Forecast
Revenue This Year
213.08M
from 195.69M
Increased by 8.89%
Revenue Next Year
228.91M
from 213.08M
Increased by 7.43%
EPS This Year
-0.26
from -4.32
EPS Next Year
-0.05
from -0.26
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 238.5M | 272.1M |
| Avg | 213.1M | 228.9M |
| Low | 195.1M | 201.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 21.9% | 27.7% |
| Avg | 8.9% | 7.4% |
| Low | -0.3% | -5.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.13 | 0.02 |
| Avg | -0.26 | -0.05 |
| Low | -0.38 | -0.18 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
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.