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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
NASDAQ:INSG

Inseego (INSG) Stock Price, News & Analysis

$2.80
-0.06 (-2.10%)
(As of 03/28/2024 ET)
Today's Range
$2.77
$3.12
50-Day Range
$1.80
$3.61
52-Week Range
$1.62
$12.30
Volume
87,440 shs
Average Volume
122,702 shs
Market Capitalization
$33.26 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.75

Inseego MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
141.1% Upside
$6.75 Price Target
Short Interest
Bearish
7.27% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.82
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.24) to ($2.00) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.41 out of 5 stars

Computer And Technology Sector

247th out of 589 stocks

Communications Equipment, Not Elsewhere Classified Industry

5th out of 11 stocks

INSG stock logo

About Inseego Stock (NASDAQ:INSG)

Inseego Corp. engages in the design and development of fixed and mobile wireless solutions, industrial Internet of Things (IIoT), and cloud solutions for large enterprise verticals, service providers, small and medium-sized businesses, governments, and consumers worldwide. The company provides wireless 4G and 5G hardware products, including private LTE/5G networks, First responders network authority/Firstnet, SD-WAN, telematics, remote monitoring and surveillance, and fixed wireless access and mobile broadband devices. Its products include 4G and 5G fixed wireless routers and gateways, mobile hotspots, and wireless gateways and routers for IIoT applications; and Gb speed 4G LTE hotspots and USB modems, integrated telematics, and mobile tracking hardware devices, which are supported by applications software and cloud services designed to enable customers to analyze data insights and configure/manage their hardware remotely. In addition, the company sells software-as-a-service (SaaS), software, and services solutions in various mobile and IIoT vertical markets comprising fleet management, vehicle telematics, stolen vehicle recovery, asset tracking, monitoring, business connectivity, and subscription management. Its SaaS delivery platforms include telematics, asset tracking, and management platforms which provide fleet, vehicle, aviation, asset, and other telematics applications; and Inseego Subscribe, a hosted SaaS platform that helps organizations in managing the selection, deployment, and spend of their customers wireless assets by helping them to save money on personnel and telecom expenses. The company was founded in 1996 and is based in San Diego, California.

INSG Stock Price History

INSG Stock News Headlines

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Inseego earnings: here's what Wall Street expects
INSG Feb 2024 1.000 call
Inseego Announces Reverse Stock Split
Inseego Flat on New 5G Wireless Access
Inseego Corp INSG
Inseego Q3 2023 Earnings Preview
Inseego Reports Second Quarter 2023 Financial Results
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
3/29/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communications equipment, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:INSG
Employees
331
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$6.75
High Stock Price Target
$10.00
Low Stock Price Target
$3.50
Potential Upside/Downside
+141.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-46,190,000.00
Pretax Margin
-23.15%

Debt

Sales & Book Value

Annual Sales
$195.69 million
Book Value
($8.72) per share

Miscellaneous

Free Float
11,641,000
Market Cap
$33.26 million
Optionable
Optionable
Beta
1.34

Social Links

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Key Executives

  • Mr. Philip Gordon Brace (Age 53)
    Executive Chairman
  • Mr. Steven H. Gatoff (Age 57)
    CFO & Principal Accounting Officer
  • Mr. Kurt E. Scheuerman (Age 56)
    Chief Administrative Officer, General Counsel & Corporate Secretary
  • Mr. Ritesh Mukherjee
    Senior VP & GM of Enterprise Networking Business
  • Mr. Vishal Donthireddy
    Senior Vice President of Engineering - Inseego Fellow
  • Mr. Steve Harmon
    Chief Revenue Officer
  • Ms. Keri Bolding
    Senior VP of Global Channel Sales & Distribution

INSG Stock Analysis - Frequently Asked Questions

Should I buy or sell Inseego stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Inseego in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" INSG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in INSG, but not buy additional shares or sell existing shares.
View INSG analyst ratings
or view top-rated stocks.

What is Inseego's stock price target for 2024?

2 equities research analysts have issued 1 year price targets for Inseego's stock. Their INSG share price targets range from $3.50 to $10.00. On average, they anticipate the company's stock price to reach $6.75 in the next twelve months. This suggests a possible upside of 141.1% from the stock's current price.
View analysts price targets for INSG
or view top-rated stocks among Wall Street analysts.

How have INSG shares performed in 2024?

Inseego's stock was trading at $2.1980 at the start of the year. Since then, INSG stock has increased by 27.4% and is now trading at $2.80.
View the best growth stocks for 2024 here
.

When is Inseego's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our INSG earnings forecast
.

How were Inseego's earnings last quarter?

Inseego Corp. (NASDAQ:INSG) announced its quarterly earnings data on Wednesday, February, 21st. The technology company reported ($1.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.80) by $0.48. The technology company earned $42.75 million during the quarter, compared to the consensus estimate of $40.57 million.

When did Inseego's stock split?

Shares of Inseego reverse split on the morning of Wednesday, January 24th 2024. The 1-10 reverse split was announced on Wednesday, January 24th 2024. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, January 24th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What guidance has Inseego issued on next quarter's earnings?

Inseego updated its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $40.0 million-$42.0 million, compared to the consensus revenue estimate of $40.6 million.

What other stocks do shareholders of Inseego own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Inseego investors own include NVIDIA (NVDA), Nokia Oyj (NOK), Marvell Technology (MRVL), QUALCOMM (QCOM), Block (SQ), Advanced Micro Devices (AMD), Micron Technology (MU), Tesla (TSLA), Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Alibaba Group (BABA).

Who are Inseego's major shareholders?

Inseego's stock is owned by many different institutional and retail investors. Top institutional shareholders include Braslyn Ltd. (65.08%), Simplicity Solutions LLC (65.08%), Vanguard Group Inc. (37.52%), Vanguard Group Inc. (36.96%), GSA Capital Partners LLP (3.88%) and Stratos Wealth Partners LTD. (0.18%). Insiders that own company stock include Ashish Sharma, Dan Mondor, Doug Kahn and Wei Ding.
View institutional ownership trends
.

How do I buy shares of Inseego?

Shares of INSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:INSG) was last updated on 3/29/2024 by MarketBeat.com Staff

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