Inseego (INSG) Stock Forecast, Price Target & Predictions

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INSG Stock Forecast

Inseego stock forecast is as follows: an average price target of $17.00 (represents a 57.26% upside from INSG’s last price of $10.81) 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 57.26% upside from INSG's last price of $10.81.

INSG Analyst Ratings

Hold

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%	57.26%
Jul 18, 2024	Tore Svanberg	Stifel Nicolaus	$11.00	$11.37	-3.25%	1.76%

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 57.26% increase from INSG last price ($10.81).

Inseego Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	2
Avg Price Target	-	-	$14.00
Last Closing Price	$10.81	$10.81	$10.81
Upside/Downside	-100.00%	-100.00%	29.51%

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 $10.81. This month's average price target is down NaN% 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	$51.49M	$49.42M	$44.76M	$41.40M	$45.56M	$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	$52.72M	$50.60M	$45.83M	$42.54M	$46.09M	$56.52M	$53.65M	$41.54M	$41.40M	$55.26M	$52.99M	$49.91M	$61.97M	$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	$50.45M	$48.42M	$43.86M	$40.25M	$44.99M	$56.09M	$53.65M	$41.28M	$40.00M	$55.26M	$50.71M	$47.76M	$59.30M	$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	2	3	1	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	2	3	1	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	$-5.12M	$-4.91M	$-4.45M	$-4.11M	$-4.53M	$-5.59M	$-5.33M	$-19.26M	$-4.03M	$-5.49M	$-5.14M	$-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	$-5.01M	$-4.81M	$-4.36M	$-4.00M	$-4.47M	$-5.57M	$-5.33M	$-15.41M	$-3.97M	$-5.49M	$-5.04M	$-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	$-5.24M	$-5.03M	$-4.55M	$-4.23M	$-4.58M	$-5.62M	$-5.33M	$-23.11M	$-4.11M	$-5.49M	$-5.27M	$-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 %	-	-	-	-	-	-	-	-	-	3.15%	0.55%	-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 $-5.14M, with a high of $-5.04M and a low of $-5.27M. This is -263.88% 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	2	3	1	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	$2.42M	$1.85M	$704.97K	$88.13K	$264.37K	$1.45M	$1.06M	$-31.59M	$-6.43M	$-2.64M	$-4.41M	$-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	$2.50M	$1.91M	$726.86K	$264.38K	$396.55K	$1.50M	$1.09M	$-25.27M	$-6.16M	$-2.57M	$-4.29M	$-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	$2.36M	$1.80M	$686.40K	$-88.13K	$132.18K	$1.42M	$1.03M	$-37.91M	$-6.70M	$-2.73M	$-4.54M	$-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 %	-	-	-	-	-	-	-	-	-	8.53%	1.29%	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	2	3	1	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	$12.20M	$11.71M	$10.61M	$9.81M	$10.80M	$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	$12.49M	$11.99M	$10.86M	$10.08M	$10.92M	$13.39M	$12.71M	$27.07M	$9.81M	$13.09M	$12.56M	$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	$11.95M	$11.47M	$10.39M	$9.54M	$10.66M	$13.29M	$12.71M	$18.04M	$9.48M	$13.09M	$12.01M	$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	2	3	1	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	$0.18	$0.14	$0.05	$0.01	$0.02	$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	$0.19	$0.14	$0.05	$0.02	$0.03	$0.11	$0.08	$-0.45	$-0.47	$-0.19	$-0.32	$-0.75	$-0.92	$-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	$0.18	$0.14	$0.05	$-0.01	$0.01	$0.11	$0.08	$-0.48	$-0.51	$-0.21	$-0.34	$-0.79	$-0.98	$-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	$0.04	$4.92	12200.00%	Buy
KVHI	KVH Industries	$5.78	$13.00	124.91%	Buy
AUDC	AudioCodes	$9.20	$19.00	106.52%	Buy
INSG	Inseego	$11.01	$17.00	54.41%	Hold
KN	Knowles	$19.74	$25.00	26.65%	Buy
AVNW	Aviat Networks	$17.39	$20.50	17.88%	Buy
GILT	Gilat Satellite Networks	$5.98	$7.00	17.06%	Buy
EXTR	Extreme Networks	$18.12	$21.00	15.89%	Buy
CMTL	Comtech Telecommunications	$3.18	$3.50	10.06%	Hold
HLIT	Harmonic	$13.22	$14.25	7.79%	Buy
INFN	Infinera	$6.60	$6.65	0.76%	Hold
NTGR	NETGEAR	$25.68	$22.00	-14.33%	Buy
SATS	EchoStar	$23.04	$14.00	-39.24%	Buy
COMM	CommScope Company	$5.61	$1.50	-73.26%	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 57.26% from its last price of $10.81. 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 57.26% (from the last price of $10.81 to the average price target of $17), up by 57.26% based on the highest stock price target, and up by 57.26% 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 $196.92M (high $197.8M, low $196M), average EBITDA is $-34.712M (high $-30.782M, low $-38.638M), average net income is $-28.812M (high $-22.284M, low $-35.328M), average SG&A $59.4M (high $64.09M, low $54.71M), and average EPS is $-0.257 (high $-0.228, low $-0.286). INSG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $187.07M (high $191.7M, low $182.98M), average EBITDA is $-18.588M (high $-18.181M, low $-19.048M), average net income is $5.07M (high $5.4M, low $4.76M), average SG&A $44.33M (high $45.42M, low $43.36M), and average EPS is $0.383 (high $0.408, low $0.36).

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 $-5.49M by 215.40%. Inseego's net income was $-22.561M, beating the average estimation of $-2.644M by 753.40%. 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%