INSG · NASDAQ · Communication Equipment

Inseego

Builds 5G mobile broadband, fixed wireless access, and device-management software for carriers and enterprises.

$4.40
After-hours close+0.01 (+0.23%)
At close$4.39(−0.23%)
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Profile

Inseego Corp.INSGInformation Technology

Sells MiFi mobile hotspots, Wavemaker routers and gateways, Inseego Connect, and Inseego Subscribe through a single reportable segment. Revenue is concentrated in the United States and Canada, with carrier demand, outsourced manufacturing, and Qualcomm-based product cycles shaping execution.

Designs cloud-managed wireless WAN products for mobile broadband and fixed wireless access. The portfolio centers on MiFi mobile hotspots, Wavemaker indoor, outdoor, and industrial routers and gateways, Inseego Connect device management, and Inseego Subscribe carrier subscription software.

Sales are concentrated in the United States and Canada, and the company works through mobile operators, distribution partners, and channel partners. Current deployments include enterprise FWA devices and MiFi mobility products bundled with cloud management.

The operating structure is a single reportable segment after the telematics divestiture. Demand from major carriers, outsourced manufacturing by contract manufacturers, Qualcomm chipset availability, and product-cycle timing shape the business.

Company facts

CEOJuho Sarvikas
ListedNov 9, 2016
ExchangeNASDAQ
HeadquartersSan Diego, CA
CountryUnited States
Employees275
CIK0001022652
ISINUS45782B3024

Key statistics

Market cap$71.6M
EPS (ttm)$0.1341
P/E (ttm)32.81
ROE65.4%
P/B−2.35
P/S0.4149
Dividend yield
Beta2.74vs XLK 0.56

Year to date −56.6% · Average volume (30d) 395.5K

Analysts

Price target, next 12 months$10.50+138.6%Median of 10 analysts · vs the Aug 28 close
ConsensusBuy6 of 10 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 6, 2026UBSReiterateBuy$11$9
Aug 6, 2026Lake StreetTarget$22$12
May 1, 2026Lake StreetTarget$17$22
Dec 15, 2025Lake StreetTarget$17
Oct 17, 2025Stifel NicolausTarget$17$14

Earnings

EPS

Estimate−$0.34
ReportedDue Nov 5, 2026

Revenue

Estimate$31.3M
ReportedDue Nov 5, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 5, 2026Q2 FY26−$0.12−$0.18−53.2%$39.9M$44.0M+10.2%−28.53%
May 7, 2026Q1 FY26−$0.15−$0.06+60.0%$34.5M$34.3M−0.6%−14.47%
Feb 19, 2026Q4 FY25$0.07$0.12+71.4%$46.9M$48.4M+3.2%+19.79%
Nov 6, 2025Q3 FY25$0.28$0.12−57.1%$46.9M$45.9M−2.1%+1.57%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$31.7M$40.2M$45.9M$48.4M$34.3M$44.0M
Gross profit$15.0M$16.5M$19.1M$12.1M$14.8M$14.8M
Operating income−$424.0K$1.3M$2.2M$1.7M−$3.6M−$7.2M
Net income−$1.6M$507.0K$1.4M$469.0K−$4.5M−$8.4M
Diluted EPS−$0.16−$0.03$0.03−$0.03$0.65−$0.52
Gross margin47.3%41.1%41.6%25.0%43.1%33.8%
Operating margin-1.3%3.2%4.7%3.5%-10.4%-16.5%

Fiscal years (4-quarter sums)FY21 $262.4M · FY22 $245.3M · FY23 $181.6M · FY24 $191.2M · FY25 $166.2M

Revenue by product · Q2 FY26

Product$31.7M · 52%
Mobile Solutions$17.3M · 28%
Software Services And Other$12.3M · 20%

Revenue by geography · Q2 FY26

North America$43.7M · 99%
Europe Excluding United Kingdom$206.0K · 0%
Australia$103.0K · 0%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.9M · Total debt $62.7M · Total assets $90.4M · Shareholders' equity −$30.6M

Dividends

No dividends on record.

Ownership

Institutions 42.43%6.91M sharesInsiders 17.37%2.83M sharesOther 40.20%6.54M shares

Shares outstanding 16.28M · Float 13.90M · 85.4% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
North Sound Trading, LP · director, 10 percent owner: 2.14M13.17%Form 4Aug 14, 2025
Royce & Associates LP997.0K6.13%13GJul 22, 2026
BlackRock, Inc.813.2K5.00%13FAug 7, 2026
Gendell Jeffrey L740.3K4.55%13FAug 14, 2026
Vanguard Capital Management LLC569.8K3.50%13FAug 13, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Nov 12, 2025North Sound Trading, LPdirector, 10 percent owner: +28,205$12.12
View details

Peers

  • Ericsson (ADR)

    Enterprise FWA and Wireless WAN through Cradlepoint.

  • NETGEAR

    Premium mobile hotspots overlap directly with MiFi.

  • Cisco Systems

    Cloud-managed 5G gateways for enterprise FWA.

  • Nokia (ADR)

    FastMile FWA CPE with a pending transaction caveat.

  • Franklin Wireless

    Direct mobile-hotspot, FWA router, and MDM overlap.

  • DNA X

    Rugged mobile hotspots and public-safety broadband.

CompareAfter-hours close

CompanyPriceChange
Inseego$4.40+0.23%$71.6M32.80.4+9.4%
Ericsson (ADR)$9.91−0.35%$32.67B12.920.21.4−6.7%
NETGEAR$21.09−0.14%$566.1M108.30.8−1.2%
Cisco Systems$109.95+0.01%$433.28B33.021.46.8+17.6%
Nokia (ADR)$10.18−0.29%$55.14B71.424.32.5+2.3%
Franklin Wireless$2.51−0.40%$29.6M21.00.8−57.0%
DNA X$3.56+5.01%$5.1M−100.0%
Median33.021.41.4−3.9%