INSG Stock - Inseego Corp.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $191.24M | $167.29M | $245.32M | $262.40M | $313.83M |
| Gross Profit | $68.80M | $35.78M | $66.91M | $75.92M | $90.84M |
| Gross Margin | 36.0% | 21.4% | 27.3% | 28.9% | 28.9% |
| Operating Income | $1.72M | $-35,957,000 | $-57,918,000 | $-46,521,000 | $-25,134,000 |
| Net Income | $4.57M | $-46,185,000 | $-67,969,000 | $-48,125,000 | $-111,215,000 |
| Net Margin | 2.4% | -27.6% | -27.7% | -18.3% | -35.4% |
| EPS | $0.10 | $-4.32 | $-6.59 | $-5.07 | $-11.87 |
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. Inseego Corp. was founded in 1996 and is based in San Diego, California.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 15th 2025 | Lake Street | Initiation | Buy | $17 |
| November 14th 2024 | ROTH MKM | Upgrade | Buy | $15← $13 |
| May 13th 2022 | Stifel | Resumed | Hold | $2.5 |
Earnings History & Surprises
INSGEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 6, 2026 | — | — | — | — |
Q1 2026 | Feb 18, 2026 | $0.07 | — | — | — |
Q4 2025 | Nov 6, 2025 | $0.28 | $0.12 | -57.1% | ✗ MISS |
Q3 2025 | Aug 7, 2025 | $0.05 | $0.06 | +20.0% | ✓ BEAT |
Q2 2025 | May 8, 2025 | $-0.07 | $-0.01 | +85.7% | ✓ BEAT |
Q1 2025 | Feb 19, 2025 | $0.02 | $0.04 | +100.0% | ✓ BEAT |
Q4 2024 | Nov 12, 2024 | $0.09 | $-0.07 | -177.8% | ✗ MISS |
Q3 2024 | Aug 7, 2024 | $0.04 | $0.04 | +12.5% | ✓ BEAT |
Q2 2024 | May 9, 2024 | $-0.49 | $-0.36 | +26.5% | ✓ BEAT |
Q1 2024 | Feb 21, 2024 | $-0.48 | $-0.89 | -85.4% | ✗ MISS |
Q4 2023 | Nov 2, 2023 | $-0.20 | $-1.60 | -700.0% | ✗ MISS |
Q3 2023 | Aug 2, 2023 | $-0.30 | $-0.20 | +33.3% | ✓ BEAT |
Q2 2023 | May 3, 2023 | $-0.80 | $-0.20 | +75.0% | ✓ BEAT |
Q1 2023 | Mar 1, 2023 | $-1.00 | $-1.10 | -10.0% | ✗ MISS |
Q4 2022 | Nov 2, 2022 | $-0.80 | $-1.10 | -37.5% | ✗ MISS |
Q3 2022 | Aug 8, 2022 | $-1.10 | $-0.90 | +18.2% | ✓ BEAT |
Q2 2022 | May 4, 2022 | $-1.00 | $-1.10 | -10.0% | ✗ MISS |
Q1 2022 | Mar 1, 2022 | $-0.60 | $-0.80 | -33.3% | ✗ MISS |
Q4 2021 | Nov 3, 2021 | $-0.70 | $-0.80 | -14.3% | ✗ MISS |
Q3 2021 | Aug 4, 2021 | $-0.70 | $-0.80 | -14.3% | ✗ MISS |
Latest News
Lake Street Initiates Coverage On Inseego with Buy Rating, Announces Price Target of $17
📈 PositiveInseego Sees Q4 Sales $45.000M-$48.000M vs $46.169M Est
➖ NeutralInseego Q3 EPS $0.03 Beats $(0.01) Estimate, Sales $45.893M Beat $41.857M Estimate
📈 PositiveStifel Maintains Hold on Inseego, Raises Price Target to $14
➖ NeutralInseego Files For Mixed Shelf Offering Of Up To $50M
➖ NeutralInseego Corp And OneSource Enters Partnership To Launch Janus, A New Managed Service That Combines Inseego's 5G Fixed Wireless Access Devices With OneSource's Connectivity Services
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