Inseego Corp. (INSG)
NASDAQ: INSG · Real-Time Price · USD
12.42
-0.39 (-3.01%)
Nov 20, 2024, 4:00 PM EST - Market closed

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 28.82% from the current stock price of 12.42.

Analyst Consensus: Buy
Target Low Average Median High
Price $15 $16 $16 $17
Change +20.77% +28.82% +28.82% +36.88%

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 '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000001
Buy 000000
Hold 222222
Sell 000000
Strong Sell 000000
Total 222223

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Hold
Maintains
$20$16
Hold Maintains $20$16 +28.82% Nov 15, 2024
Roth MKM
Roth MKM
Strong Buy
Upgrades
$13$15
Strong Buy Upgrades $13$15 +20.77% Nov 14, 2024
Stifel
Stifel
Hold
Maintains
$11$17
Hold Maintains $11$17 +36.88% Sep 17, 2024
TD Cowen
TD Cowen
Hold
Maintains
$14$15
Hold Maintains $14$15 +20.77% Aug 14, 2024
TD Cowen
TD Cowen
Hold
Maintains
$12$14
Hold Maintains $12$14 +8.70% Jul 2, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
221.62M
from 195.69M
Increased by 13.25%
Revenue Next Year
233.92M
from 221.62M
Increased by 5.55%
EPS This Year
0.13
from -4.32
EPS Next Year
0.54
from 0.13
Increased by 305.13%
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
219.50M313.83M262.40M245.32M195.69M221.62M233.92M
Revenue Growth
8.41%42.98%-16.39%-6.51%-20.23%13.25%5.55%
EPS
-5.17-11.87-5.07-6.59-4.320.130.54
EPS Growth
------305.13%
Forward PE
-----93.6723.12
No. Analysts -----55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 228.9M 245.6M
Avg 221.6M 233.9M
Low 211.9M 222.0M

Revenue Growth

Revenue Growth 20242025
High
17.0%
10.8%
Avg
13.3%
5.6%
Low
8.3%
0.2%

EPS Forecast

EPS 20242025
High 0.18 0.87
Avg 0.13 0.54
Low 0.09 0.36

EPS Growth

EPS Growth 20242025
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.