AT&T Selects Inseego's Latest 5G Device Wavemaker FX4200
Written by Emily J. Thompson, Senior Investment Analyst
Inseego Corp. (INSG) and AT&T (T) announced that AT&T Business has selected Inseego's latest 5G FWA device the Wavemaker FX4200, as part of its portfolio of fixed wireless device offerings. Designed to bridge the gap between performance and ease-of-use for enterprise wireless networks, Inseego's new, innovative approach to FWA provides AT&T Business customers with high-performance 5G connectivity devices, with a focus on simplicity, fast deployment, and easy management options. Starting today, AT&T will make this device available to its business customers.
Analyst Views on INSG
Wall Street analysts forecast INSG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INSG is 16.60 USD with a low forecast of 14.00 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 12.120
Low
14.00
Averages
16.60
High
20.00
Current: 12.120
Low
14.00
Averages
16.60
High
20.00
About INSG
Inseego Corp. is engaged in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions. Its 5G WAN portfolio comprises secure and high-performance mobile broadband and fixed wireless access (FWA) solutions with associated cloud solutions for real time WAN visibility, monitoring, automation and control with centralized orchestration of network functions. These devices are specifically built for the carrier, enterprise and small and medium business market segments. It also provides a wireless subscriber management SaaS solution for carrier’s management of their government and complex enterprise customer subscriptions. Its 4G and 5G devices connect end users with high-performance broadband for both mobile and fixed wireless use cases. Its 5G products and associated cloud solutions are used in applications, such as broadband for both mobile and fixed use cases, enterprise networking and software-defined wide area network failover management.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
