Inseego Corp. Common Stock (INSG)

FairStock Score: 34/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am a value investor who wants durable businesses bought at a discount. Inseego designs 5G and 4G wireless WAN and edge solutions, including MiFi hotspots and fixed wireless routers. The company is tiny, with 266 employees and a $68.8 million market value, and its record is erratic. It lost $46.2 million in FY2023, earned $4.6 million in FY2024, and earned just $838,000 in FY2025. In the latest filed quarter, fiscal Q2 2026 ended 2026-06-30, revenue was $44.0 million but net income was a loss of $8.4 million, a -19.18% margin. That is not the stable earning power I seek. The moat is questionable: communication equipment is competitive, and Inseego's small scale and volatile results suggest little pricing power. Financial health is poor. Trailing free cash flow is negative $19.9 million, a -28.9% FCF yield. The Piotroski F-Score is 3/9 and Altman Z-Score is -13.41, both pointing to distress. Valuation does not offer obvious safety. At the 2026-10-13 close of $4.19, the P/E is 32.23, EV/EBITDA is 70.54, and the PEG is 0.18 only because profit growth is measured from a tiny base. The 52-week range is $3.58 to $21.90. Revenue growth is just 0.65%, and FY2025 revenue fell to $166.2 million from $191.2 million in FY2024. The Lynch category is TURNAROUND, since it returned to profit after a loss within three years, but the latest quarter shows the turnaround is not yet secure. I would need consistent profits, positive cash flow, and a wider margin of safety before calling this a bargain.

In plain English: Inseego makes wireless hotspots and routers for 5G and 4G networks, mostly for businesses and government customers. The business looks weak right now: it lost $8.4 million in the latest quarter and burned cash over the past year. At $4.19 a share, the price looks expensive compared with its small profits and negative cash flow, though it is far below its 52-week high.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer