Should You Buy Inseego Corp (INSG) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/29
Inseego Corp (INSG) is not a strong buy at the moment for a beginner investor with a long-term focus. While there are some positive catalysts for future growth, the company's recent financial performance and lack of immediate trading signals suggest holding off on investment until clearer signs of improvement emerge.
Technical Analysis
The technical indicators are mixed. The MACD is positive but contracting, RSI is neutral at 44.079, and moving averages are bullish (SMA_5 > SMA_20 > SMA_200). However, the stock is trading below the pivot level (11.588), with support at 10.769 and resistance at 12.408. This indicates limited upward momentum in the short term.
Analyst Ratings and Price Target Trends
Analysts are cautiously optimistic. Lake Street initiated a Buy rating with a $17 price target, citing long-term growth potential and a reinvigorated management team. TD Cowen raised its price target to $14 from $11 but maintained a Hold rating, reflecting mixed sentiment.
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 16.6 USD with a low forecast of 14 USD and a high forecast of 20 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.
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 16.6 USD with a low forecast of 14 USD and a high forecast of 20 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.
Current: 11.010
Current: 11.010
