(INSG) Inseego - NASDAQ
Sector: Technology | Industry: Communication Equipment | Exchange: NASDAQ (USA) | Market Cap: 172m USD | Total Return: 38.3% in 12m
Avg Turnover: 4.89M
Qual. Beats: 0
Rev. Trend: -66.3%
Qual. Beats: 0
Warnings
Earnings expected to drop: P/E 16.5 → Forward 133.3
Negative Equity with losses - insolvent profile
Interest Coverage Ratio -0.2 is critical
Altman Z'' -15.00 < 1.0 - financial distress zone
Volatile Below Avwap Earnings
Tailwinds
No distinct edge detected
Inseego Corp. (NASDAQ: INSG) designs and develops cloud-managed wireless wide area network (WAN) and intelligent edge solutions. The company’s product portfolio includes 4G and 5G mobile hotspots under the MiFi brand, fixed wireless access routers for industrial and residential use, and cloud-based subscriber lifecycle management software. Headquartered in San Diego, Inseego serves a diverse client base spanning mobile operators, government agencies, and enterprise distributors.
The company operates within the Communications Equipment sub-industry, a sector currently driven by the global transition to 5G infrastructure and the increasing demand for high-speed connectivity in remote or mobile environments. Inseego utilizes a hardware-plus-software business model, combining physical networking equipment with recurring revenue streams from its proprietary cloud management platforms.
Investors may find it useful to examine ValueRay for deeper technical analysis of these market trends. Inseego remains a key player in the fixed wireless access market, which provides high-speed internet to geographic areas where traditional fiber-optic cabling is cost-prohibitive.
- Carrier 5G infrastructure spending cycles dictate mobile hotspot and router demand
- Debt restructuring and capital allocation strategies impact equity valuation stability
- Expansion of cloud-managed fixed wireless solutions drives high-margin recurring revenue
- Government and enterprise procurement contracts influence long-term subscriber management growth
- Global semiconductor supply chain costs affect hardware manufacturing margins and availability
| Net Income: -2.13m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA -13.91 > 1.0 |
| NWC/Revenue: 0.67% < 20% (prev 3.83%; Δ -3.16% < -1%) |
| CFO/TA 0.15 > 3% & CFO 12.4m > Net Income -2.13m |
| Net Debt (38.4m) to EBITDA (7.77m): 4.94 < 3 |
| Current Ratio: 1.02 > 1.5 & < 3 |
| Outstanding Shares: last quarter (16.4m) vs 12m ago 9.03% < -2% |
| Gross Margin: 37.00% > 18% (prev 38.04%; Δ -1.04% > 0.5%) |
| Asset Turnover: 190.6% > 50% (prev 199.4%; Δ -8.75% > 0%) |
| Interest Coverage Ratio: -0.23 > 6 (EBIT TTM -389k / Interest Expense TTM 1.68m) |
| A: 0.01 (Total Current Assets 53.3m - Total Current Liabilities 52.1m) / Total Assets 84.2m |
| B: -10.67 (Retained Earnings -897.8m / Total Assets 84.2m) |
| C: -0.00 (EBIT TTM -389k / Avg Total Assets 88.6m) |
| D: -0.23 (Book Value of Equity -25.4m / Total Liabilities 109.6m) |
| Altman-Z'' = -34.96 = D |
| DSRI: 1.41 (Receivables 18.7m/14.6m, Revenue 168.9m/185.4m) |
| GMI: 1.03 (GM 38.04% / 37.00%) |
| AQI: 1.25 (AQ_t 0.31 / AQ_t-1 0.25) |
| SGI: 0.91 (Revenue 168.9m / 185.4m) |
| TATA: -0.17 (NI -2.13m - CFO 12.4m) / TA 84.2m) |
| Beneish M = -2.60 (Cap -4..+1) = A |
As of June 19, 2026, the stock is trading at USD 10.31 with a total of 297,487 shares traded.
Over the past week, the price has changed by -2.41%,
over one month by -22.33%,
over three months by -15.88% and
over the past year by +38.25%.
Inseego has received a consensus analysts rating of 3.33. Therefore, it is recommended to hold INSG.
- StrongBuy: 0
- Buy: 1
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 21.3 | 106.1% |
P/E Trailing = 16.5313
P/E Forward = 133.3333
P/S = 1.0199
P/B = 47.7248
P/EG = 3.1772
Revenue TTM = 168.9m USD
EBIT TTM = -389k USD
EBITDA TTM = 7.77m USD
Long Term Debt = 50.4m USD (from longTermDebt, last quarter)
Short Term Debt = 996k USD (from shortTermDebt, last quarter)
Debt = 57.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 3.65m
Net Debt = 38.4m USD (calculated: Debt 57.7m - CCE 19.3m)
Enterprise Value = 210.6m USD (172.2m + Debt 57.7m - CCE 19.3m)
Interest Coverage Ratio = -0.23 (Ebit TTM -389k / Interest Expense TTM 1.68m)
EV/FCF = 18.13x (Enterprise Value 210.6m / FCF TTM 11.6m)
FCF Yield = 5.52% (FCF TTM 11.6m / Enterprise Value 210.6m)
FCF Margin = 6.88% (FCF TTM 11.6m / Revenue TTM 168.9m)
Net Margin = -1.26% (Net Income TTM -2.13m / Revenue TTM 168.9m)
Gross Margin = 37.00% ((Revenue TTM 168.9m - Cost of Revenue TTM 106.4m) / Revenue TTM)
Gross Margin QoQ = 43.11% (prev 24.96%)
Tobins Q-Ratio = 2.50 (Enterprise Value 210.6m / Total Assets 84.2m)
Interest Expense / Debt = 2.92% (Interest Expense 1.68m / Debt 57.7m)
Taxrate = 3.43% (44.0k / 1.28m)
NOPAT = -376k (EBIT -389k * (1 - 3.43%)) [loss with tax shield]
Current Ratio = 1.02 (Total Current Assets 53.3m / Total Current Liabilities 52.1m)
Debt / Equity = -2.27 (negative equity) (Debt 57.7m / totalStockholderEquity, last quarter -25.4m)
Debt / EBITDA = 4.94 (Net Debt 38.4m / EBITDA 7.77m)
Debt / FCF = 3.31 (Net Debt 38.4m / FCF TTM 11.6m)
Total Stockholder Equity = -11.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.40% (Net Income -2.13m / Total Assets 84.2m)
RoE = 17.85% (negative equity) (Net Income TTM -2.13m / Total Stockholder Equity -11.9m)
RoCE = -1.01% (EBIT -389k / Capital Employed (Equity -11.9m + L.T.Debt 50.4m))
RoIC = -1.53% (negative operating profit) (NOPAT -376k / Invested Capital 24.6m)
WACC = 11.66% (E(172.2m)/V(229.9m) * Re(14.62%) + D(57.7m)/V(229.9m) * Rd(2.92%) * (1-Tc(0.03)))
Discount Rate = 14.62% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 55.56 | Cagr: -58.46%
[DCF] Terminal Value 61.83% ; FCFF base≈17.3m ; Y1≈15.2m ; Y5≈12.2m
[DCF] Fair Price = 5.49 (EV 127.7m - Net Debt 38.4m = Equity 89.3m / Shares 16.3m; r=11.66% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.09 | # QB: 0
Revenue Correlation: -66.30 | Revenue CAGR: -6.64% | SUE: -0.05 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.12 | Chg30d=-351.61% | Revisions=N/A | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.14 | Chg30d=-10.44% | Revisions=+33% | Analysts=3
EPS current Year (2026-12-31): EPS=0.29 | Chg30d=-13.98% | Revisions=-20% | GrowthEPS=-17.8% | GrowthRev=+13.5%
EPS next Year (2027-12-31): EPS=0.64 | Chg30d=-6.34% | Revisions=+14% | GrowthEPS=+123.2% | GrowthRev=+14.4%
[Analyst] Revisions Ratio: +33%