Reading INSG? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track INSG free→
Inseego Corp. (INSG)
NASDAQInformation TechnologyCommunication EquipmentSnapshot 2026-06-15
Watch· this week
$11.38+2.61%
Close 2026-06-15 · 1-day change
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
The bottom line
Recent financial performance is neutral, and earnings quality cannot be assessed as the company was unprofitable over the past year. Management's recent track record has been fairly steady, but the capital stance is capital unfriendly. Risk is elevated, and the sector backdrop is a tailwind, with the company compared to sector peers being typical. Peer multiples imply a price about 23% above where it trades (it looks cheap on this basis); the read is fair, but weakening. This assessment is provisional.
as of 2026-06-15
Quick facts
- Exchange
- NASDAQ
- Sector
- Information Technology
- Industry
- Communication Equipment
- Market cap
- $180.51M
- Employees
- 266
- IPO date
- 2000-07-28
- Next earnings
- 2026-08-06
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 6 valuation methods, at three horizons. Current price $11.38. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryfair
$14.67consensus
Range $9.99 – $32.79
vs price: -22% below
Method agreement — · 6 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearinexpensive
$62.87consensus
Range $61.82 – $63.92
vs price: -82% below
Method agreement — · 2 methods
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Aligned with peershigh confidence
At $11 INSG trades at 46× p/e, in line with its 39× p/e peer median. Our $14 fair value reflects that, high confidence. Not investment advice.
Multiple (P/E)
45.5x
peer 39.2x · own history —
Premium
1.2x peer
Growth the price needs
-19%
our forecast -25%
Our fair value
$14.05
range $10.66 – $29.98
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
fairfair — but weakening12-month view
What's priced inJustified
The price implies about 19% below a flat-multiple fair value, in line with our forecast of about -25%. This describes what's priced in, not a forecast of the move.
Low fragilityrisk posture, not a price call
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
neutralOperating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated neutral grew net income 54% of the time over the next year (vs 68% for the rest of the cohort, n=3704).
44th pctl · Information Technology
Earnings quality
loss makingOver the trailing year it converted -5.81x of net income into operating cash flow.
Macro sensitivity
Most sensitive to the broad stock market.
- the broad stock market: This stock moves with the broad market (high beta).
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, real (inflation-adjusted) rates, long-term interest rates.
Management & capital allocation
neutral10 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Information Technology names rated neutral grew net income 64% of the time over the next year (vs 57% for the rest of the cohort, n=1040).
Earnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
Strongly bearishEPS revised -351.6% / 30d, n=4for period ending 2026-06-30
Why this setup
Consensus revisions
EPS estimate $0.05 → $-0.12 (-351.6% / 30d). 0 raised, 0 cut, 4 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d. 75% of analysts rate Buy.
Sector context
Intermediate · WeeklySector phase: information technology is in maturing, with decelerating (~0.2 years in phase).
Sector regime (90d momentum): tailwind.Secular epoch: Growth by revenue growth · theme AI/accelerated-compute.Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: neutral
- Capital allocation
- neutral
- Earnings discipline
- neutral
- Margin discipline
- neutral
- Balance sheet
- strong
- Post-call reaction
- weak
A guidance track record builds as the company issues and delivers on guidance.
as of 2026-06-15
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$296.
How much price usually moves either way.
On a bad day, this stock has moved -$694.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $4,889.
Deepest peak-to-trough drop in the last year.
elevatedas of 2026-06-15
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- risk change · risk_labelsmall change
risk label changed from 'high' to 'elevated'.
As of June 15, 2026, risk rose, changing from a high label to an elevated label. The sector backdrop remains a tailwind, indicating favorable conditions for the company. The valuation is described as cheap, suggesting it is priced lower than peers. The overall context is provisional, with recent financial performance noted as neutral.
as of 2026-06-15
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- Either wayHigh confidenceMonthsactive 4d
Watch for Q2 earnings report on August 6, 2026
Why it matters: The earnings report will show if Inseego can improve its loss-making status. This is key for future growth.
What confirms / what disproves
Confirms one read:The earnings report shows smaller losses. It may also show a profit.
Confirms the other:The earnings report shows more losses. It may also show a worse financial position.
Sector context
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for INSG yet.
This sector is also watching
- Watch for revenue growth in IT sector dropping below median
- Watch for FOMC decisions impacting tech investment
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If the Fed starts cutting rates from the current 3.62%, that would be a tailwind for INSG and other Tech names, since rate-sensitive parts of the market tend to rally when the Fed eases.
- If sector bellwethers like CSCO, NOK, and LITE keep beating earnings and guiding higher, the Tech sector momentum should keep lifting INSG and other Tech names. Worth watching these names for early signals.
- If INSG raises forward guidance on the next earnings call (currently NEW as of 2026-05-07), that's a momentum boost. Street estimates typically follow guidance up and the stock tends to re-rate higher.
Downside triggers
- If INSG cuts guidance on the next call (currently NEW as of 2026-05-07), that's a meaningful negative. The Street tends to walk down estimates and the stock usually takes a leg lower.
- If sector bellwethers like CSCO, NOK, and LITE start missing or guiding lower, the Tech tailwind helping INSG and other Tech names could fade. Watch these names for early warning.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-071mo agoItem 2.02
Results of Operations and Financial Condition. On May 7, 2026, Inseego Corp. (the “Company”) issued a press release containing preliminary financial results for the quarter ended March 31, 2026. On May 7, 2026, the Company also posted an investor presentation to its website at https://investor.inseego.com/events-presentations (the “Company Earnings Presentation”). The text of the press release and Company Earnings Presentation are furnished as Exhibits 99.1 and 99.2 to this Form 8-K and incor…
Earnings preannouncementpositive
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
+6.2 vs last weeklatest as of 2026-06-16
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.