Inseego Corp. (INSG)
NASDAQ: INSG · IEX Real-Time Price · USD
2.220
-0.100 (-4.31%)
At close: Apr 16, 2024, 3:59 PM
2.250
+0.030 (1.35%)
After-hours: Apr 16, 2024, 4:00 PM EDT
Inseego Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Inseego stock have an average target of 6.75, with a low estimate of 3.50 and a high estimate of 10. The average target predicts an increase of 204.05% from the current stock price of 2.22.
Analyst Consensus: Hold
* Price targets were last updated on Mar 13, 2024.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 $2.5 → $3.5 | Hold | Maintains | $2.5 → $3.5 | +57.66% | Mar 13, 2024 |
| Stifel | Stifel | Hold Maintains $15 → $10 | Hold | Maintains | $15 → $10 | +350.45% | Oct 19, 2023 |
| Stifel | Stifel | Hold Reiterates $15 | Hold | Reiterates | $15 | +575.68% | Sep 15, 2023 |
| TD Cowen | TD Cowen | Hold Maintains $12 → $13 | Hold | Maintains | $12 → $13 | +485.59% | Aug 22, 2023 |
| TD Cowen | TD Cowen | Buy → Hold Downgrades $40 → $10 | Buy → Hold | Downgrades | $40 → $10 | +350.45% | Mar 10, 2023 |
Financial Forecast
Revenue This Year
184.82M
from 195.69M
Decreased by -5.55%
Revenue Next Year
201.28M
from 184.82M
Increased by 8.91%
EPS This Year
-1.45
from -4.32
EPS Next Year
-0.97
from -1.45
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 200.7M | 217.3M |
| Avg | 184.8M | 201.3M |
| Low | 171.9M | 188.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 2.5% | 17.6% |
| Avg | -5.6% | 8.9% |
| Low | -12.2% | 1.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -1.12 | -0.54 |
| Avg | -1.45 | -0.97 |
| Low | -1.70 | -1.43 |
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.