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 -3.13% downside from INSG’s last price of $17.55) 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 -3.13% downside from INSG's last price of $17.55.

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 17, 2024Tore SvanbergStifel Nicolaus$17.00$17.49-2.80%-3.13%
Jul 18, 2024Tore SvanbergStifel Nicolaus$11.00$11.37-3.25%-37.32%
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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 -3.13% decrease from INSG last price ($17.55).

Inseego Price Target by Period


1M3M12M
# Anlaysts122
Avg Price Target$17.00$14.00$14.00
Last Closing Price$17.55$17.55$17.55
Upside/Downside-3.13%-20.23%-20.23%

In the current month, the average price target of Inseego stock is $17.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -3.13% decrease as opposed to Inseego's last price of $17.55. This month's average price target is up 21.43% compared to last quarter, and up 21.43% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 17, 2024Cowen & Co.HoldHoldHold
Sep 17, 2024Cowen & Co.BuyBuyHold
Aug 14, 2024Cowen & Co.HoldHoldHold
Jul 02, 2024Cowen & Co.HoldHoldHold
May 20, 2024Cowen & Co.HoldHoldHold
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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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 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$61.55M$58.98M$56.81M$54.94M$57.33M$56.81M$54.13M$41.79M$41.40M$55.76M$52.22M$49.19M$61.08M$65.71M$62.92M$63.21M$71.82M$66.11M$58.34M$60.63M$84.55M$81.24M$80.49M$53.20M$52.37M$60.31M$53.58M$47.96M$56.04M$18.99M
Low Forecast$60.67M$58.14M$56.00M$54.16M$56.51M$56.00M$53.36M$41.19M$40.00M$54.96M$51.48M$48.49M$60.20M$64.77M$62.03M$62.32M$70.80M$65.17M$57.51M$59.77M$83.35M$80.09M$79.35M$52.45M$51.63M$59.46M$52.82M$47.28M$37.36M$12.66M
# Analysts111113113111111111111016811711771717
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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111113113111111111111016811711771717
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$-17.51M$-2.70M$703.30K$-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$-15.82M
High Forecast$-2.71M$-2.60M$-2.50M$-2.42M$-2.52M$-2.50M$-2.38M$-15.41M$-1.79M$-2.45M$-2.30M$-14.01M$-2.69M$843.96K$-2.77M$-11.07M$-3.16M$-2.91M$-2.57M$-8.52M$-3.72M$-3.58M$-3.54M$-10.23M$-2.31M$-2.66M$-2.36M$-3.04M$-2.98M$-12.65M
Low Forecast$-2.75M$-2.63M$-2.54M$-2.45M$-2.56M$-2.54M$-2.42M$-23.11M$-1.85M$-2.49M$-2.33M$-21.01M$-2.73M$562.64K$-2.81M$-16.61M$-3.21M$-2.95M$-2.61M$-12.78M$-3.78M$-3.63M$-3.59M$-15.34M$-2.34M$-2.69M$-2.39M$-4.56M$-4.47M$-18.98M
Surprise %---------7.02%1.23%-0.18%1.20%-9.51%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 $-2.30M and a low of $-2.33M. This is -173.66% lower than Inseego's previous annual EBITDA (Mar 23) of $3.14M.

Inseego Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111113113111111111111016811711771717
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$-11.30M$-9.35M$-13.08M$-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$1.93M$1.44M$842.44K$300.87K$1.40M$1.60M$962.78K$-25.27M$-5.55M$-2.36M$-3.94M$-22.97M$-11.22M$-7.48M$-12.99M$-18.16M$-7.09M$-8.56M$-9.92M$-16.49M$240.67K$-708.74K$-1.42M$-18.20M$-8.98M$-3.31M$-1.65M$-5.99M$-6.44M$-17.39M
Low Forecast$1.89M$1.42M$826.86K$295.31K$1.38M$872.28K$944.99K$-37.91M$-6.03M$-2.41M$-4.01M$-34.46M$-11.43M$-11.22M$-13.24M$-27.24M$-7.22M$-8.72M$-10.11M$-24.73M$236.25K$-722.01K$-1.44M$-27.30M$-9.15M$-3.37M$-1.68M$-8.98M$-9.66M$-26.08M
Surprise %---------9.48%1.43%0.18%1.29%1.68%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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111113113111111111111016811711771717
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$14.34M$20.50M$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$14.58M$13.98M$13.46M$13.02M$13.58M$13.46M$12.83M$27.07M$9.81M$13.21M$12.37M$24.61M$14.47M$24.60M$14.91M$19.45M$17.02M$15.66M$13.82M$28.29M$20.03M$19.25M$19.07M$23.88M$12.41M$14.29M$12.70M$15.41M$14.29M$4.50M
Low Forecast$14.38M$13.78M$13.27M$12.83M$13.39M$13.27M$12.64M$18.04M$9.48M$13.02M$12.20M$16.40M$14.27M$16.40M$14.70M$12.97M$16.78M$15.44M$13.63M$18.86M$19.75M$18.98M$18.80M$15.92M$12.23M$14.09M$12.52M$10.27M$9.53M$3.00M
Surprise %---------0.78%0.96%0.62%1.04%0.68%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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111113113111111111111016811711771717
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$0.08$-0.46$-0.47$-0.20$-0.33$-0.76$-0.94$-0.79$-1.09$-0.96$-0.60$-0.72$-0.83$-0.95$0.02$-0.06$-0.12$-0.79$-0.75$-0.28$-0.14$-0.32$-0.02$-0.04
Low Forecast$0.16$0.12$0.07$0.02$0.12$0.07$0.08$-0.47$-0.51$-0.20$-0.34$-0.78$-0.96$-0.81$-1.11$-0.98$-0.61$-0.73$-0.85$-0.97$0.02$-0.06$-0.12$-0.81$-0.77$-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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
AKTSAkoustis$0.06$4.928100.00%Buy
DZSIDZS$0.58$15.672601.72%Buy
KVHIKVH Industries$4.61$13.00182.00%Buy
CMTLComtech Telecommunications$3.38$9.00166.27%Hold
COMMCommScope Company$5.60$12.30119.64%Hold
AUDCAudioCodes$9.20$19.00106.52%Buy
AVNWAviat Networks$22.21$44.3399.59%Buy
GILTGilat Satellite Networks$4.73$7.0047.99%Buy
EXTRExtreme Networks$14.99$19.3328.95%Buy
HLITHarmonic$13.59$17.0025.09%Buy
NTGRNETGEAR$20.54$22.007.11%Buy
INFNInfinera$6.65$6.670.30%Buy
INSGInseego$17.55$17.00-3.13%Hold
SATSEchoStar$25.71$14.13-45.04%Hold

INSG Forecast FAQ


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.

Inseego (INSG) average price target is $17 with a range of $17 to $17, implying a -3.13% from its last price of $17.55. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for INSG stock, the company can go down by -3.13% (from the last price of $17.55 to the average price target of $17), down by -3.13% based on the highest stock price target, and down by -3.13% based on the lowest stock price target.

INSG's average twelve months analyst stock price target of $17 does not support the claim that Inseego can reach $30 in the near future.

1 Wall Street analyst forecast a $17 price target for Inseego (INSG) this month, down -3.13% from its last price of $17.55. Compared to the last 3 and 12 months, the average price target decreased by -20.23% and decreased by -20.23%, respectively.

Inseego's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $208.18M (high $210.05M, low $207.07M), average EBITDA is $-26.708M (high $-22.816M, low $-30.627M), average net income is $-27.94M (high $-21.304M, low $-34.71M), average SG&A $62.07M (high $66.94M, low $57.35M), and average EPS is $-0.16 (high $-0.13, low $-0.204). INSG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $230.2M (high $232.29M, low $228.97M), average EBITDA is $-10.281M (high $-10.226M, low $-10.374M), average net income is $4.46M (high $4.51M, low $4.43M), average SG&A $54.55M (high $55.04M, low $54.26M), and average EPS is $0.375 (high $0.379, low $0.372).

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, beating the average prediction of $-18.626M by 56.54%. The company's net income was $-67.969M, beating the average estimation of $-56.432M by 20.44%. Apple's SG&A was $60.83M, missing the average forecast of $65.83M by -7.60%. 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%