Inseego (INSG) Stock Forecast, Price Target & Predictions
INSG Stock Forecast
Inseego stock forecast is as follows: an average price target of $17.00 (represents a 2.16% upside from INSG’s last price of $16.64) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
INSG Price Target
The average price target for Inseego (INSG) is $17.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $17.00. This represents a potential 2.16% upside from INSG's last price of $16.64.
INSG Analyst Ratings
According to 1 Wall Street analysts, Inseego's rating consensus is 'Hold'. The analyst rating breakdown for INSG stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Inseego Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 17, 2024 | Tore Svanberg | Stifel Nicolaus | $17.00 | $17.49 | -2.80% | 2.16% |
| Jul 18, 2024 | Tore Svanberg | Stifel Nicolaus | $11.00 | $11.37 | -3.25% | -33.89% |
The latest Inseego stock forecast, released on Sep 17, 2024 by Tore Svanberg from Stifel Nicolaus, set a price target of $17.00, which represents a -2.80% decrease from the stock price at the time of the forecast ($17.49), and a 2.16% increase from INSG last price ($16.64).
Inseego Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $17.00 | $14.00 |
| Last Closing Price | $16.64 | $16.64 | $16.64 |
| Upside/Downside | -100.00% | 2.16% | -15.87% |
In the current month, the average price target of Inseego stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Inseego's last price of $16.64. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 17, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Sep 17, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Aug 14, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jul 02, 2024 | Cowen & Co. | Hold | Hold | Hold |
| May 20, 2024 | Cowen & Co. | Hold | Hold | Hold |
Inseego's last stock rating was published by Cowen & Co. on Sep 17, 2024. The company gave INSG a "Hold" rating, the same as its previous rate.
Inseego Financial Forecast
Inseego Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $48.58M | $53.56M | $50.79M | $52.91M | $69.17M | $61.86M | $61.38M | $72.89M | $66.22M | $65.69M | $57.60M | $86.06M | $90.24M | $80.69M | $56.84M | $52.33M | $62.72M | $55.89M | $48.56M | $46.73M | $55.39M |
| Avg Forecast | $61.00M | $58.45M | $56.30M | $54.45M | $56.82M | $56.30M | $53.65M | $41.41M | $40.57M | $55.26M | $51.75M | $48.75M | $60.53M | $65.12M | $62.36M | $62.65M | $71.18M | $65.52M | $57.82M | $60.09M | $83.80M | $80.52M | $79.77M | $52.73M | $51.91M | $59.77M | $53.10M | $47.53M | $46.70M | $15.83M |
| High Forecast | $61.00M | $58.45M | $56.30M | $54.45M | $56.82M | $56.81M | $53.65M | $41.54M | $41.40M | $55.26M | $51.75M | $48.75M | $60.53M | $65.12M | $62.36M | $62.65M | $71.18M | $65.52M | $57.82M | $60.09M | $83.80M | $80.52M | $79.77M | $52.73M | $51.91M | $59.77M | $53.10M | $47.53M | $56.04M | $18.99M |
| Low Forecast | $61.00M | $58.45M | $56.30M | $54.45M | $56.82M | $56.00M | $53.65M | $41.28M | $40.00M | $55.26M | $51.75M | $48.75M | $60.53M | $65.12M | $62.36M | $62.65M | $71.18M | $65.52M | $57.82M | $60.09M | $83.80M | $80.52M | $79.77M | $52.73M | $51.91M | $59.77M | $53.10M | $47.53M | $37.36M | $12.66M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 16 | 8 | 11 | 7 | 11 | 7 | 7 | 17 | 17 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.88% | 1.03% | 1.04% | 0.87% | 1.06% | 0.99% | 0.98% | 1.02% | 1.01% | 1.14% | 0.96% | 1.03% | 1.12% | 1.01% | 1.08% | 1.01% | 1.05% | 1.05% | 1.02% | 1.00% | 3.50% |
Inseego's average Quarter revenue forecast for Dec 23 based on 3 analysts is $40.57M, with a low forecast of $40.00M, and a high forecast of $41.40M. INSG's average Quarter revenue forecast represents a -16.49% decrease compared to the company's last Quarter revenue of $48.58M (Sep 23).
Inseego EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 16 | 8 | 11 | 7 | 11 | 7 | 7 | 17 | 17 |
| EBITDA | - | - | - | - | - | - | - | - | - | $-17.32M | $-2.85M | $3.14M | $-3.24M | $-6.69M | $-4.30M | $-14.93M | $-16.61M | $541.00K | $-4.32M | $-8.88M | $1.55M | $2.69M | $-66.59M | $-10.23M | $-7.66M | $-3.02M | $-6.69M | $-3.80M | $-3.72M | $-11.72M |
| Avg Forecast | $-2.72M | $-2.61M | $-2.51M | $-2.43M | $-2.54M | $-2.51M | $-2.40M | $-19.26M | $-1.81M | $-2.47M | $-2.31M | $-17.51M | $-13.88M | $-2.91M | $-2.79M | $-13.84M | $-3.18M | $-2.93M | $-2.58M | $-10.65M | $-3.74M | $-3.60M | $-3.56M | $-12.78M | $-2.32M | $-2.67M | $-2.37M | $-3.80M | $-3.72M | $-15.82M |
| High Forecast | $-2.72M | $-2.61M | $-2.51M | $-2.43M | $-2.54M | $-2.50M | $-2.40M | $-15.41M | $-1.79M | $-2.47M | $-2.31M | $-14.01M | $-11.10M | $-2.91M | $-2.79M | $-11.07M | $-3.18M | $-2.93M | $-2.58M | $-8.52M | $-3.74M | $-3.60M | $-3.56M | $-10.23M | $-2.32M | $-2.67M | $-2.37M | $-3.04M | $-2.98M | $-12.65M |
| Low Forecast | $-2.72M | $-2.61M | $-2.51M | $-2.43M | $-2.54M | $-2.54M | $-2.40M | $-23.11M | $-1.85M | $-2.47M | $-2.31M | $-21.01M | $-16.65M | $-2.91M | $-2.79M | $-16.61M | $-3.18M | $-2.93M | $-2.58M | $-12.78M | $-3.74M | $-3.60M | $-3.56M | $-15.34M | $-2.32M | $-2.67M | $-2.37M | $-4.56M | $-4.47M | $-18.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | 7.02% | 1.23% | -0.18% | 0.23% | 2.30% | 1.54% | 1.08% | 5.23% | -0.18% | 1.67% | 0.83% | -0.41% | -0.75% | 18.69% | 0.80% | 3.30% | 1.13% | 2.82% | 1.00% | 1.00% | 0.74% |
1 analysts predict INSG's average Quarter EBITDA for Jun 23 to be $-2.31M, with a high of $-2.31M and a low of $-2.31M. This is -173.66% lower than Inseego's previous annual EBITDA (Mar 23) of $3.14M.
Inseego Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 16 | 8 | 11 | 7 | 11 | 7 | 7 | 17 | 17 |
| Net Income | - | - | - | - | - | - | - | - | - | $-22.56M | $-5.67M | $-5.10M | $-14.63M | $-15.74M | $-12.38M | $-25.22M | $-10.72M | $-7.19M | $-13.04M | $-17.17M | $-12.74M | $-5.44M | $-74.83M | $-18.20M | $-13.05M | $-8.81M | $-10.78M | $-7.49M | $-8.05M | $-16.10M |
| Avg Forecast | $1.90M | $1.43M | $832.63K | $297.37K | $1.39M | $1.31M | $951.58K | $-31.59M | $-5.79M | $-2.38M | $-3.96M | $-28.72M | $-19.00M | $-9.52M | $-13.08M | $-22.70M | $-7.14M | $-8.62M | $-9.99M | $-20.61M | $237.89K | $-713.68K | $-1.43M | $-22.75M | $-9.04M | $-3.33M | $-1.67M | $-7.49M | $-8.05M | $-21.73M |
| High Forecast | $1.90M | $1.43M | $832.63K | $297.37K | $1.39M | $1.60M | $951.58K | $-25.27M | $-5.55M | $-2.38M | $-3.96M | $-22.97M | $-15.20M | $-9.52M | $-13.08M | $-18.16M | $-7.14M | $-8.62M | $-9.99M | $-16.49M | $237.89K | $-713.68K | $-1.43M | $-18.20M | $-9.04M | $-3.33M | $-1.67M | $-5.99M | $-6.44M | $-17.39M |
| Low Forecast | $1.90M | $1.43M | $832.63K | $297.37K | $1.39M | $872.28K | $951.58K | $-37.91M | $-6.03M | $-2.38M | $-3.96M | $-34.46M | $-22.80M | $-9.52M | $-13.08M | $-27.24M | $-7.14M | $-8.62M | $-9.99M | $-24.73M | $237.89K | $-713.68K | $-1.43M | $-27.30M | $-9.04M | $-3.33M | $-1.67M | $-8.98M | $-9.66M | $-26.08M |
| Surprise % | - | - | - | - | - | - | - | - | - | 9.48% | 1.43% | 0.18% | 0.77% | 1.65% | 0.95% | 1.11% | 1.50% | 0.83% | 1.31% | 0.83% | -53.57% | 7.63% | 52.43% | 0.80% | 1.44% | 2.64% | 6.47% | 1.00% | 1.00% | 0.74% |
Inseego's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. INSG's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Inseego SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 16 | 8 | 11 | 7 | 11 | 7 | 7 | 17 | 17 |
| SG&A | - | - | - | - | - | - | - | - | - | $10.26M | $11.73M | $12.69M | $14.94M | $14.02M | $13.86M | $18.01M | $13.83M | $15.77M | $17.23M | $19.65M | $17.33M | $17.14M | $16.04M | $15.92M | $14.38M | $14.28M | $14.68M | $12.84M | $11.91M | $19.19M |
| Avg Forecast | $14.45M | $13.85M | $13.34M | $12.90M | $13.46M | $13.34M | $12.71M | $22.56M | $9.61M | $13.09M | $12.26M | $20.51M | $25.72M | $15.43M | $14.78M | $16.21M | $16.87M | $15.53M | $13.70M | $23.58M | $19.86M | $19.08M | $18.90M | $19.90M | $12.30M | $14.16M | $12.58M | $12.84M | $11.91M | $3.75M |
| High Forecast | $14.45M | $13.85M | $13.34M | $12.90M | $13.46M | $13.46M | $12.71M | $27.07M | $9.81M | $13.09M | $12.26M | $24.61M | $30.87M | $15.43M | $14.78M | $19.45M | $16.87M | $15.53M | $13.70M | $28.29M | $19.86M | $19.08M | $18.90M | $23.88M | $12.30M | $14.16M | $12.58M | $15.41M | $14.29M | $4.50M |
| Low Forecast | $14.45M | $13.85M | $13.34M | $12.90M | $13.46M | $13.27M | $12.71M | $18.04M | $9.48M | $13.09M | $12.26M | $16.40M | $20.58M | $15.43M | $14.78M | $12.97M | $16.87M | $15.53M | $13.70M | $18.86M | $19.86M | $19.08M | $18.90M | $15.92M | $12.30M | $14.16M | $12.58M | $10.27M | $9.53M | $3.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.78% | 0.96% | 0.62% | 0.58% | 0.91% | 0.94% | 1.11% | 0.82% | 1.02% | 1.26% | 0.83% | 0.87% | 0.90% | 0.85% | 0.80% | 1.17% | 1.01% | 1.17% | 1.00% | 1.00% | 5.12% |
Inseego's average Quarter SG&A projection for Dec 23 is $9.61M, based on 3 Wall Street analysts, with a range of $9.48M to $9.81M. The forecast indicates a -6.31% fall compared to INSG last annual SG&A of $10.26M (Sep 23).
Inseego EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 16 | 8 | 11 | 7 | 11 | 7 | 7 | 17 | 17 |
| EPS | - | - | - | - | - | - | - | - | - | $-0.00 | $-0.00 | $-0.05 | $-0.14 | $-0.15 | $-0.12 | $-0.24 | $-0.10 | $-0.09 | $-0.14 | $-0.18 | $-0.14 | $-0.06 | $-0.78 | $-0.20 | $-0.17 | $-0.11 | $-0.14 | $-0.10 | $-0.13 | $-0.28 |
| Avg Forecast | $0.16 | $0.12 | $0.07 | $0.03 | $0.12 | $0.11 | $0.08 | $-0.47 | $-0.49 | $-0.20 | $-0.33 | $-0.77 | $-0.95 | $-0.80 | $-1.10 | $-0.97 | $-0.60 | $-0.72 | $-0.84 | $-0.96 | $0.02 | $-0.06 | $-0.12 | $-0.80 | $-0.76 | $-0.28 | $-0.14 | $-0.32 | $-0.03 | $-0.05 |
| High Forecast | $0.16 | $0.12 | $0.07 | $0.03 | $0.12 | $0.13 | $0.08 | $-0.47 | $-0.47 | $-0.20 | $-0.33 | $-0.77 | $-0.95 | $-0.80 | $-1.10 | $-0.97 | $-0.60 | $-0.72 | $-0.84 | $-0.96 | $0.02 | $-0.06 | $-0.12 | $-0.80 | $-0.76 | $-0.28 | $-0.14 | $-0.32 | $-0.02 | $-0.04 |
| Low Forecast | $0.16 | $0.12 | $0.07 | $0.03 | $0.12 | $0.07 | $0.08 | $-0.47 | $-0.51 | $-0.20 | $-0.33 | $-0.77 | $-0.95 | $-0.80 | $-1.10 | $-0.97 | $-0.60 | $-0.72 | $-0.84 | $-0.96 | $0.02 | $-0.06 | $-0.12 | $-0.80 | $-0.76 | $-0.28 | $-0.14 | $-0.32 | $-0.04 | $-0.06 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.00% | 0.00% | 0.06% | 0.15% | 0.19% | 0.11% | 0.25% | 0.17% | 0.12% | 0.17% | 0.19% | -7.00% | 1.00% | 6.50% | 0.25% | 0.22% | 0.39% | 1.00% | 0.31% | 4.33% | 5.60% |
According to undefined Wall Street analysts, Inseego's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to INSG previous annual EPS of $NaN (undefined).
Inseego Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AKTS | Akoustis | $0.06 | $4.92 | 8100.00% | Buy |
| DZSI | DZS | $0.64 | $15.67 | 2348.44% | Buy |
| CMTL | Comtech Telecommunications | $2.47 | $9.00 | 264.37% | Hold |
| KVHI | KVH Industries | $4.57 | $13.00 | 184.46% | Buy |
| AVNW | Aviat Networks | $20.12 | $44.50 | 121.17% | Buy |
| AUDC | AudioCodes | $9.13 | $19.00 | 108.11% | Buy |
| COMM | CommScope Company | $6.42 | $12.30 | 91.59% | Hold |
| KN | Knowles | $17.49 | $25.00 | 42.94% | Buy |
| HLIT | Harmonic | $11.12 | $15.38 | 38.31% | Buy |
| GILT | Gilat Satellite Networks | $5.26 | $7.00 | 33.08% | Buy |
| EXTR | Extreme Networks | $15.20 | $20.00 | 31.58% | Buy |
| INSG | Inseego | $16.64 | $17.00 | 2.16% | Hold |
| INFN | Infinera | $6.72 | $6.67 | -0.74% | Buy |
| NTGR | NETGEAR | $23.17 | $22.00 | -5.05% | Buy |
| SATS | EchoStar | $24.27 | $14.13 | -41.78% | Hold |
INSG Forecast FAQ
Is Inseego a good buy?
No, according to 1 Wall Street analysts, Inseego (INSG) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of INSG's total ratings.
What is INSG's price target?
Inseego (INSG) average price target is $17 with a range of $17 to $17, implying a 2.16% from its last price of $16.64. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Inseego stock go up soon?
According to Wall Street analysts' prediction for INSG stock, the company can go up by 2.16% (from the last price of $16.64 to the average price target of $17), up by 2.16% based on the highest stock price target, and up by 2.16% based on the lowest stock price target.
Can Inseego stock reach $20?
INSG's average twelve months analyst stock price target of $17 does not support the claim that Inseego can reach $20 in the near future.
What are Inseego's analysts' financial forecasts?
Inseego's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $208.18M (high $208.81M, low $207.75M), average EBITDA is $-26.708M (high $-22.843M, low $-30.582M), average net income is $-27.94M (high $-21.332M, low $-34.694M), average SG&A $62.07M (high $66.7M, low $57.49M), and average EPS is $-0.16 (high $-0.136, low $-0.197). INSG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $230.2M (high $230.2M, low $230.2M), average EBITDA is $-10.281M (high $-10.281M, low $-10.281M), average net income is $4.46M (high $4.46M, low $4.46M), average SG&A $54.55M (high $54.55M, low $54.55M), and average EPS is $0.375 (high $0.375, low $0.375).
Did the INSG's actual financial results beat the analysts' financial forecasts?
Based on Inseego's last annual report (Dec 2022), the company's revenue was $245.32M, which missed the average analysts forecast of $250.66M by -2.13%. Apple's EBITDA was $-29.158M, missing the average prediction of $-33.411M by -12.73%. The company's net income was $-67.969M, beating the average estimation of $-64.299M by 5.71%. Apple's SG&A was $60.83M, missing the average forecast of $72.14M by -15.68%. Lastly, the company's EPS was $-0.63, missing the average prediction of $-3.817 by -83.49%. In terms of the last quarterly report (Sep 2023), Inseego's revenue was $48.58M, missing the average analysts' forecast of $55.26M by -12.08%. The company's EBITDA was $-17.317M, beating the average prediction of $-2.468M by 601.71%. Inseego's net income was $-22.561M, beating the average estimation of $-2.379M by 848.36%. The company's SG&A was $10.26M, missing the average forecast of $13.09M by -21.63%. Lastly, the company's EPS was $-0.0002, missing the average prediction of $-0.2 by -99.90%