INSG Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
Inseego Corp (INSG) does not currently present a strong buy opportunity for a beginner investor with a long-term strategy. The technical indicators, financial performance, and lack of significant positive catalysts suggest holding off on investment at this time.
The MACD is negative and expanding, indicating bearish momentum. RSI is neutral at 32.511, and moving averages are converging, showing no clear trend. The stock is trading near its support level of 9.47, with resistance levels at 10.394 and 11.318. Overall, the technical indicators suggest a weak price trend.
The company has secured AT&T as a new customer, which is expected to drive growth in
Recognition of the Senior Vice President on the 2026 CRN Channel Chiefs list highlights leadership and innovation.
Financial performance in Q3 2025 was weak, with revenue down 15.06% YoY and net income down 93.50% YoY.
Analysts expect 2025 to be a year of 'heavy lifting,' with significant growth not anticipated until
Stock trend analysis shows a high probability of negative returns in the next month (-7.32%).
In Q3 2025, revenue dropped by 15.06% YoY to $45.89M, net income plummeted by 93.50% YoY to $529K, and EPS fell by 150.00% YoY to 0.03. However, gross margin improved by 27.31% YoY to 36.87%. Overall, the financial performance is weak, with limited signs of immediate recovery.
Lake Street analyst Tyler Burmeister initiated coverage with a Buy rating and a $17 price target, citing a reinvigorated management team and expected growth in 2026. However, the analyst acknowledges that 2025 will be a challenging year for the company.
