Inseego (INSG)
Builds 5G mobile broadband, fixed wireless access, and device-management software for carriers and enterprises.
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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
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 6, 2026 | UBS | Reiterate | Rating: —Target: $11 | Target: $9 |
| Aug 6, 2026 | Lake Street | Target | Target: $22 | Target: $12 |
| May 1, 2026 | Lake Street | Target | Target: $17 | Target: $22 |
| Dec 15, 2025 | Lake Street | Target | Target: — | Target: $17 |
| Oct 17, 2025 | Stifel Nicolaus | Target | Target: $17 | Target: $14 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $1.9M · Total debt $62.7M · Total assets $90.4M · Shareholders' equity −$30.6M
- Revenue
- $44.0M
- Operating income
- −$7.2M
- Net income
- −$8.4M
No dividends on record.
| Institutions | ≈ 42.05% | 6.90M shares | |
|---|---|---|---|
| 107 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 16.18% | 2.66M shares | |
| 11 holders · as of Sep 15, 2026 | |||
| Strategic holders | 13.50% | 2.22M shares | |
| 2 holders · as of Sep 15, 2026 | |||
| Other | ≈ 28.27% | 4.64M shares | |
| remainder | |||
16.42M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
North Sound Trading, LPStrategicdirector, 10 percent owner | 13.06% | 2.14M | filed Aug 14, 2025 |
Joseph LewisInsiderother: See remarks | 10.70% | 1.76M | filed Nov 12, 2024 |
Royce & Associates LPInstitution | 6.07% | 997,014 | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 4.95% | 813,198 | as of Jun 30, 2026 |
Gendell Jeffrey LInstitution | 4.51% | 740,332 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Nov 12, 2025 | North Sound Trading, LP | director, 10 percent owner: | +28,205 | $12.12 |
- 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.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Inseego | $4.25 | +1.67% | $68.0M | 31.2 | — | 0.4 | +9.4% |
| Ericsson (ADR) | $9.83 | −4.15% | $33.66B | 13.6 | 20.1 | 1.4 | −5.4% |
| NETGEAR | $22.35 | +0.56% | $596.4M | — | 127.7 | 0.9 | −1.2% |
| Cisco Systems | $105.69 | −5.18% | $439.31B | 33.5 | 20.6 | 6.9 | +17.6% |
| Nokia (ADR) | $10.77 | −1.55% | $59.11B | 77.4 | 25.6 | 2.5 | +2.3% |
| Franklin Wireless | $2.42 | 0.00% | $28.5M | — | 15.1 | 0.8 | −57.0% |
| DNA X | $4.20 | +3.70% | $6.0M | 1.9 | — | — | −100.0% |
| Median | 23.6 | 20.6 | 1.4 | −3.3% |