Inseego Corp. (INSG) Stock

Inseego Corp. (INSG) is a Technology stock trading at $4.01 (as of 2026-08-20), with a market capitalization of $65.27M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Inseego Corp. designs and develops fixed and mobile wireless products, industrial IoT offerings, and cloud-based solutions. It provides 4G/5G hardware such as routers, gateways, hotspots, and devices for connectivity and tracking, along with related applications and cloud services used by enterprises, service providers, governments, and consumers.

Understand Inseego Corp.: how it makes money

Inseego designs and develops fixed and mobile wireless hardware and cloud and IIoT solutions, and it makes money by selling 4G and 5G devices and network solutions, including private LTE/5G and fixed wireless access, plus software and services tied to those offerings.

Inseego's profit model is driven by selling wireless connectivity hardware and network solutions (including 4G/5G and fixed wireless access) while also contributing from software and services revenue, so customer adoption signals like 5G enterprise onboarding and pipeline must translate into repeatable product and services sales.

Business quality (Weak): Clear product and customer focus (4G/5G connectivity plus software and services), but the operating picture is loss-making in the latest period, and the available data emphasizes small revenue components and working-capital risk indicators.

Valuation: At 16× earnings, INSG trades 68% below the Semiconductors average (51×). Note: one-time items can distort reported P/E.

Bull case

  • 5G-focused commercial momentum: Inseego reported 5G Revenue of 0.03B and 56,000 New Enterprise and Small and Medium Business Customers Onboarded on 5G Virtual Access Network Solutions.
  • Software and services contribution to the mix: Software Services Revenue is 0.01B, and Software Services and Other Revenue is also 0.01B, indicating some portion of sales comes from software and services rather than only hardware.

Bear case

  • Loss-making operating performance: Operating margin is -10.4% in the latest period, so costs are not currently covered by gross profit.
  • Working capital risk signal: Inventory Days on Hand is 98, which can indicate inventory tied up relative to sales velocity.
Valuation — source: SEC EDGAR (first-party)
Price$4.01
Market Cap$65.27M
EV / EBITDA4.9
Price / Sales0.39
FCF Yield17.8%
DCF Value (model)$13.45
DCF Upside vs Price235.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$166.19M
Net Margin0.5%
Revenue Growth (YoY)8.4%
EPS Growth (YoY)-512.5%
FCF Growth (YoY)-145.3%
Financial Health — source: SEC EDGAR
Altman Z-Score-11.03 (distress)
Valuation vs Sector & Industry
Sector P/E (Technology)33.9
Industry P/E (Electronic Equipment)39.4
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderROYCE & ASSOCIATES LP ($8.95M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryElectronic Equipment
CEOJuho Sarvikas
Employees218
CountryUS
IPO Date2000-11-21

Related Companies (Business model: Consumer Hardware (incl. ecosystem services); 8 closest by market cap; US-domiciled)

  • Napco Security Technologies, Inc. (NSSC)
  • PowerFleet, Inc. (AIOT)
  • Turtle Beach Corporation (TBCH)
  • AmpliTech Group, Inc. (AMPG)
  • Genasys Inc. (GNSS)
  • Universal Electronics Inc. (UEIC)
  • Koss Corporation (KOSS)
  • Knightscope, Inc. (KSCP)
INSG earnings history · INSG institutional & insider holders · INSG KPIs & operating metrics · INSG financials · INSG investor presentations & press releases · INSG SEC filings · INSG peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.