Analysts Set Inseego (NASDAQ:INSG) Price Target at $16.50

Shares of Inseego (NASDAQ:INSG) have been given an average rating of “Hold” by the five research firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $17.75.

Several equities analysts have commented on the stock. Lake Street Capital reissued a “buy” rating and set a $22.00 target price on shares of Inseego in a research note on Friday. TD Cowen reissued a “hold” rating and set a $15.00 target price (up from $14.00) on shares of Inseego in a research note on Thursday, January 15th.

Inseego Trading Up 11.3%

Inseego stock opened at $20.29 on Friday. The stock has a market cap of $329.51 million, a price-to-earnings ratio of -106.79 and a beta of 1.75. The company’s 50-day moving average price is $12.86 and its two-hundred day moving average price is $12.17. Inseego has a 52 week low of $6.27 and a 52 week high of $20.63.

Inseego (NASDAQ:INSG) last released its earnings results on Thursday, February 19th. The technology company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.07 by $0.05. The firm had revenue of $48.40 million for the quarter, compared to analysts’ expectations of $46.89 million. Inseego had a net margin of 0.50% and a negative return on equity of 13.38%. Research analysts expect that Inseego will post -0.21 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Inseego

Several large investors have recently bought and sold shares of INSG. Kestra Advisory Services LLC acquired a new position in Inseego during the 4th quarter valued at about $33,000. BNP Paribas Financial Markets grew its stake in shares of Inseego by 129.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,708 shares of the technology company’s stock worth $41,000 after purchasing an additional 1,527 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Inseego by 134.3% in the 2nd quarter. Bank of America Corp DE now owns 5,870 shares of the technology company’s stock worth $48,000 after purchasing an additional 3,365 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Inseego by 3,087.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,057 shares of the technology company’s stock worth $50,000 after purchasing an additional 5,867 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Inseego during the second quarter valued at approximately $56,000. Institutional investors and hedge funds own 34.20% of the company’s stock.

Inseego News Roundup

Here are the key news stories impacting Inseego this week:

• Positive Sentiment: Acquisition could ~double revenue and broaden global footprint — Inseego will acquire Nokia’s FWA CPE business, which management says substantially expands scale, TAM, carrier relationships and product breadth; this is the main catalyst lifting the stock. Inseego to acquire Nokia’s Fixed Wireless Access business
• Positive Sentiment: Nokia takes equity stake and adds strategic validation — Nokia will receive stock/warrants and invest an additional $10M so its ownership totals ~11%, giving Inseego a high-profile partner and potential commercial support. Nokia exits FWA unit, takes 11% stake in Inseego
• Positive Sentiment: Analyst commentary reinforces upside — Independent coverage highlights the revenue upside and strategic fit (analysts see the deal as accelerating Inseego’s scale and positioning around AI/edge opportunities). Inseego’s Nokia Deal Could Nearly Double Revenue, Analyst Says
• Neutral Sentiment: Investor materials and call available — Management hosted a conference call and posted a presentation detailing rationale, timing and integration plans; useful for investors wanting management’s execution plan and Q&A. Inseego Corp. Announces Acquisition of Nokia’s Fixed Wireless Access Business
• Neutral Sentiment: Timing: transaction expected to close in Q4 2026 subject to customary conditions — That gives months for regulatory review and integration planning; investors should watch milestone updates. Inseego to Acquire Nokia’s Fixed Wireless Access Business
• Negative Sentiment: Deal and integration risks could reverse gains — The companies note regulatory approvals, employee/customer retention, integration execution and potential distraction for management; failure to close or integration problems would likely pressure the stock. Inseego to acquire Nokia’s Fixed Wireless Access business
• Negative Sentiment: Execution and financial uncertainty — Analysts still model some near-term losses (INSG has a negative trailing P/E) and integration may require capital, cause short-term margin pressure or dilution; monitor guidance and any financing details. Inseego to Acquire Nokia’s Fixed Wireless Access Business, Doubling Revenue

About Inseego

Inseego Corp is a U.S.-based technology company specializing in 5G and intelligent Internet of Things (IoT) device-to-cloud solutions. The company develops hardware and software platforms designed to connect devices, vehicles and remote locations to high-speed wireless networks. Its core offerings include mobile hotspots, fixed wireless access gateways and ruggedized routers optimized for enterprise, industrial and government applications.

Inseego’s product portfolio encompasses 5G MiFi® mobile hotspots, virtual network functions (VNFs) for network management, telematics devices for fleet tracking and asset monitoring, as well as a suite of cloud-native software for device lifecycle management and data analytics.