(INSG) Inseego - Overview
Stock: 5G Hotspot, 4G Modem, Fixed Router, Gateway Platform, Subscribe Software
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 84.7% |
| Relative Tail Risk | -14.4% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.02 |
| Alpha | -43.24 |
| Character TTM | |
|---|---|
| Beta | 1.632 |
| Beta Downside | 1.934 |
| Drawdowns 3y | |
|---|---|
| Max DD | 84.75% |
| CAGR/Max DD | 0.04 |
Description: INSG Inseego January 20, 2026
Inseego Corp. (NASDAQ:INSG) designs and sells cloud-managed wireless WAN and edge solutions, targeting enterprise, consumer, and government customers across the U.S., Europe, and other regions. Its product portfolio includes 5G and 4G mobile broadband devices (MiFi hotspots, VoLTE phones, USB modems), fixed-wireless access routers and gateways, and a centralized management suite that lets carriers monitor distributed 4G/5G equipment from a single dashboard. The company also offers Inseego Subscribe, a subscriber-management platform for carriers serving complex enterprise and government accounts.
Recent financials show FY 2023 revenue of roughly $150 million, up about 12 % year-over-year, driven primarily by growth in 5G hotspot shipments and a rising backlog of enterprise contracts now exceeding $200 million. Gross margin improved to 38 % as the mix shifted toward higher-margin 5G routers, while GAAP EPS for Q4 2023 was $0.07, reflecting modest cost-discipline despite ongoing supply-chain pressures on semiconductor components.
The enterprise 5G market is expanding at an estimated CAGR of 20 % through 2029, fueled by demand for private-network solutions, edge computing, and government initiatives to modernize communications infrastructure. Inseego’s positioning in the “communications equipment” sub-industry gives it exposure to both carrier-led network upgrades and the broader shift toward wireless-first connectivity in manufacturing, logistics, and public-safety sectors.
For a deeper quantitative view of INSG’s valuation metrics and peer comparison, you might find the ValueRay platform worth a quick look.
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income: -197.0k TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.20 > 0.02 and ΔFCF/TA -43.57 > 1.0 |
| NWC/Revenue: 7.91% < 20% (prev -57.94%; Δ 65.85% < -1%) |
| CFO/TA -0.19 > 3% & CFO -16.6m > Net Income -197.0k |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.30 > 1.5 & < 3 |
| Outstanding Shares: last quarter (15.5m) vs 12m ago 17.43% < -2% |
| Gross Margin: 41.31% > 18% (prev 0.34%; Δ 4098 % > 0.5%) |
| Asset Turnover: 166.5% > 50% (prev 157.9%; Δ 8.61% > 0%) |
| Interest Coverage Ratio: -2.73 > 6 (EBITDA TTM -2.63m / Interest Expense TTM 4.06m) |
Altman Z'' -15.00
| A: 0.15 (Total Current Assets 57.0m - Total Current Liabilities 43.9m) / Total Assets 85.8m |
| B: -10.58 (Retained Earnings -907.9m / Total Assets 85.8m) |
| C: -0.11 (EBIT TTM -11.1m / Avg Total Assets 99.6m) |
| D: -9.70 (Book Value of Equity -907.5m / Total Liabilities 93.5m) |
| Altman-Z'' Score: -44.43 = D |
Beneish M -2.35
| DSRI: 1.61 (Receivables 27.6m/18.5m, Revenue 165.9m/179.1m) |
| GMI: 0.81 (GM 41.31% / 33.61%) |
| AQI: 1.34 (AQ_t 0.28 / AQ_t-1 0.21) |
| SGI: 0.93 (Revenue 165.9m / 179.1m) |
| TATA: 0.19 (NI -197.0k - CFO -16.6m) / TA 85.8m) |
| Beneish M-Score: -2.35 (Cap -4..+1) = BBB |
What is the price of INSG shares?
Over the past week, the price has changed by -3.76%, over one month by -2.06%, over three months by -25.36% and over the past year by -18.89%.
Is INSG a buy, sell or hold?
- StrongBuy: 0
- Buy: 1
- Hold: 2
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the INSG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 17.5 | 67% |
| Analysts Target Price | 17.5 | 67% |
| ValueRay Target Price | 10.1 | -3.4% |
INSG Fundamental Data Overview February 03, 2026
P/S = 1.0063
P/B = 47.7248
P/EG = 3.1772
Revenue TTM = 165.9m USD
EBIT TTM = -11.1m USD
EBITDA TTM = -2.63m USD
Long Term Debt = 41.7m USD (from longTermDebt, last quarter)
Short Term Debt = 941.0k USD (from shortTermDebt, last quarter)
Debt = 45.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 31.2m USD (from netDebt column, last quarter)
Enterprise Value = 198.1m USD (166.9m + Debt 45.8m - CCE 14.6m)
Interest Coverage Ratio = -2.73 (Ebit TTM -11.1m / Interest Expense TTM 4.06m)
EV/FCF = -11.66x (Enterprise Value 198.1m / FCF TTM -17.0m)
FCF Yield = -8.58% (FCF TTM -17.0m / Enterprise Value 198.1m)
FCF Margin = -10.25% (FCF TTM -17.0m / Revenue TTM 165.9m)
Net Margin = -0.12% (Net Income TTM -197.0k / Revenue TTM 165.9m)
Gross Margin = 41.31% ((Revenue TTM 165.9m - Cost of Revenue TTM 97.3m) / Revenue TTM)
Gross Margin QoQ = 41.58% (prev 41.06%)
Tobins Q-Ratio = 2.31 (Enterprise Value 198.1m / Total Assets 85.8m)
Interest Expense / Debt = 1.93% (Interest Expense 885.0k / Debt 45.8m)
Taxrate = 21.0% (US default 21%)
NOPAT = -8.78m (EBIT -11.1m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.30 (Total Current Assets 57.0m / Total Current Liabilities 43.9m)
Debt / Equity = -5.93 (negative equity) (Debt 45.8m / totalStockholderEquity, last quarter -7.72m)
Debt / EBITDA = -11.87 (negative EBITDA) (Net Debt 31.2m / EBITDA -2.63m)
Debt / FCF = -1.84 (negative FCF - burning cash) (Net Debt 31.2m / FCF TTM -17.0m)
Total Stockholder Equity = -11.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.20% (Net Income -197.0k / Total Assets 85.8m)
RoE = 1.79% (negative equity) (Net Income TTM -197.0k / Total Stockholder Equity -11.0m)
RoCE = -36.27% (EBIT -11.1m / Capital Employed (Equity -11.0m + L.T.Debt 41.7m))
RoIC = -22.99% (negative operating profit) (NOPAT -8.78m / Invested Capital 38.2m)
WACC = 9.69% (E(166.9m)/V(212.7m) * Re(11.93%) + D(45.8m)/V(212.7m) * Rd(1.93%) * (1-Tc(0.21)))
Discount Rate = 11.93% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -63.75%
Fair Price DCF = unknown (Cash Flow -17.0m)
EPS Correlation: 40.68 | EPS CAGR: 11.88% | SUE: -0.07 | # QB: 0
Revenue Correlation: -70.28 | Revenue CAGR: -11.61% | SUE: 0.41 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.01 | Chg30d=+0.115 | Revisions Net=+0 | Analysts=2
EPS next Year (2026-12-31): EPS=0.41 | Chg30d=+0.015 | Revisions Net=+1 | Growth EPS=+31.1% | Growth Revenue=+14.5%