INSG official logo INSG
INSG 2-star rating from Upturn Advisory
Inseego Corp (INSG) company logo

Inseego Corp (INSG)

Inseego Corp (INSG) 2-star rating from Upturn Advisory
$11.54
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Upturn Advisory Summary

12/04/2025: INSG (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

1 star rating from financial analysts

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $17.33

1 Year Target Price $17.33

Analysts Price Target For last 52 week
$17.33 Target price
52w Low $6.24
Current$11.54
52w High $18.11

Analysis of Past Performance

Type Stock
Historic Profit 82.37%
Avg. Invested days 32
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 4.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/04/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 168.45M USD
Price to earnings Ratio -
1Y Target Price 17.33
Price to earnings Ratio -
1Y Target Price 17.33
Volume (30-day avg) 3
Beta 1.23
52 Weeks Range 6.24 - 18.11
Updated Date 12/4/2025
52 Weeks Range 6.24 - 18.11
Updated Date 12/4/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.5

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-10
When After Market
Estimate 0.17
Actual 0.1247

Profitability

Profit Margin -0.12%
Operating Margin (TTM) 4.7%

Management Effectiveness

Return on Assets (TTM) 3.25%
Return on Equity (TTM) -835.07%

Valuation

Trailing PE -
Forward PE 27.93
Enterprise Value 189541816
Price to Sales(TTM) 1.02
Enterprise Value 189541816
Price to Sales(TTM) 1.02
Enterprise Value to Revenue 1.14
Enterprise Value to EBITDA 30.07
Shares Outstanding 15327475
Shares Floating 13025748
Shares Outstanding 15327475
Shares Floating 13025748
Percent Insiders 3.33
Percent Institutions 66.9

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Inseego Corp

Inseego Corp(INSG) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Inseego Corp. (formerly Novatel Wireless) was founded in 1996. It initially focused on providing wireless broadband access solutions. Over time, the company has shifted its focus towards 5G and cloud solutions.

Company business area logo Core Business Areas

  • Enterprise SaaS Solutions: Provides cloud-based solutions for device management and optimization. This segment is becoming more critical to Inseego's overall strategy.
  • Mobile Broadband & Fixed Wireless Access: Offers 4G LTE and 5G mobile hotspots, routers, and USB modems for consumers and businesses. This remains a core part of the business.

leadership logo Leadership and Structure

Ashish Parikh is the CEO. The company has a typical corporate structure with departments for engineering, sales, marketing, finance, and operations.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • MiFiu00ae Mobile Hotspots: Portable wireless hotspots providing internet access on the go. Market share is approximately 15% in the global mobile hotspot market, facing competition from Netgear (NTGR) and TP-Link.
  • 5G Fixed Wireless Access (FWA) Routers: 5G routers providing high-speed internet access for homes and businesses. Increasing market share of about 10% in the 5G FWA market, competing with Ericsson (ERIC) and Nokia (NOK).

Market Dynamics

industry overview logo Industry Overview

The wireless broadband industry is driven by increasing demand for high-speed internet access, especially with the rise of remote work and IoT devices. 5G is a key growth driver.

Positioning

Inseego focuses on providing secure, reliable, and high-performance wireless solutions for enterprise and consumer markets. Competitive advantages include strong partnerships and focus on 5G technologies.

Total Addressable Market (TAM)

The global 5G FWA market is expected to reach USD 70 billion by 2030. Inseego is positioned to capture a share of this market through its router and mobile hotspot offerings.

Upturn SWOT Analysis

Strengths

  • Strong 5G Technology Portfolio
  • Strategic Partnerships with Telecom Operators
  • Focus on Enterprise Solutions
  • Innovative product development

Weaknesses

  • High Dependence on a Few Key Customers
  • Limited Financial Resources Compared to Larger Competitors
  • History of fluctuating profitability

Opportunities

  • Expansion into New Geographic Markets
  • Increasing Adoption of 5G Technology
  • Growing Demand for IoT Solutions
  • Government initiatives promoting broadband access.

Threats

  • Intense Competition from Larger Players
  • Rapid Technological Changes
  • Economic Downturns Affecting Consumer Spending
  • Supply chain disruptions.

Competitors and Market Share

Key competitor logo Key Competitors

  • NTGR
  • ERIC
  • NOK
  • QCOM

Competitive Landscape

Inseego's advantage lies in its strong 5G technology, but it faces intense competition from larger companies with greater resources and broader product portfolios. Focuses on niche markets with specific requirements.

Major Acquisitions

Ctrack

  • Year: 2019
  • Acquisition Price (USD millions): 43.7
  • Strategic Rationale: Expanding into the telematics market and enhancing Inseego's IoT solutions.

Growth Trajectory and Initiatives

Historical Growth: Historically, Inseego experienced rapid growth during the early stages of 4G adoption, followed by slower growth and fluctuating profitability.

Future Projections: Analysts project revenue growth to stabilize in 2024 with growth in the double-digit percentage in 2025 as 5G adoption increases. Profitability is expected to improve.

Recent Initiatives: Recent initiatives include the launch of new 5G products, expansion of partnerships with telecom operators, and focus on enterprise SaaS solutions.

Summary

Inseego is a small player in a competitive market, specializing in 5G wireless solutions. Its financials are weak, and revenue growth has declined. Its focus on enterprise solutions and strategic partnerships are strengths, but competition and financial constraints remain significant challenges. Turnaround strategy hinges on 5G adoption and cost management.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (10-K, 10-Q)
  • Analyst Reports
  • Industry Research Reports
  • Company Website

Disclaimers:

The data provided is for informational purposes only and should not be considered financial advice. Market conditions can change rapidly, and past performance is not indicative of future results.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Inseego Corp

Exchange NASDAQ
Headquaters San Diego, CA, United States
IPO Launch date 2000-11-16
CEO & Director Mr. Juho Sarvikas
Sector Technology
Industry Communication Equipment
Full time employees 218
Full time employees 218

Inseego Corp. engages in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions for businesses, consumers, and governments in the United Stated, Europe, and internationally. The company offers 5G and 4G mobile broadband solutions, such as mobile hotspots under the MiFi brand; and 4G VoLTE products and 4G USB modems. It also provides fixed wireless access solutions, including indoor, outdoor, and industrial routers and gateways. In addition, the company provides manages 4G and 5G gateways and routers deployed at distributed locations with a single pane of glass for ease of deployment and monitoring of all the connections. Further, the company offers Inseego Subscribe, a wireless subscriber management solution for carrier's servicing of their government and complex enterprise customer. Inseego Corp. was founded in 1996 and is based in San Diego, California.