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Inseego Corp. (INSG)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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4.9800-0.0600 (-1.19%)
At close: 04:00PM EST
5.0000 +0.02 (+0.40%)
After hours: 07:59PM EST
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  • g
    gary
    To buy when others are naysaying And the company is selling stock at low levels, it is not a great feeling. However, you choke it down and go for it. 5, 4, whats the difference. The Needham printed info that Dan read to us was assuring. High end made in America. ENTERPRISE,not modem sales that will make the future. You know yada, yada yada. Don't forget,STRONG DEMAND... YES, afew more shares added to the bag or rather my half filled gold pot. Just don't tell my wife.
  • J
    JSL
    Solid presentation from INSG at Needham's growth conference today.

    There was much emphasis placed on the Enterprise Market opportunity (estimated to be 4x Carrier market with a 40B TAM). Inseego's deal pipleline for Enterprise 5G FWA continues to grow. Mondor said they are currently working with the DOD to develop a smart warehouse, managed with the FWA Wavemaker and Inseego Connect. Testing is going well, and said they are in the second phase. Could also potentially open up other areas working with government.

    Reiterated 25% revenue growth in 2022 with growing margins and increased operating leverage, becoming fcf positive by second half of 2022. Said that there aren't any current issues with their supply chain, and the "demand has never been better for us."
  • t
    terry
    One thing we learned this morning. The investors have more faith in market trend than they do in their stock. So fickle, they find any and every excuse to sell without cause. For most stocks that are fundamentally sound it is a safe bet that buying the dips and having patience is required. A little common sense doesn't hurt either. If all CEOs are truthful, the game would be much easier. Then the human element of trust comes into play. With INSG, you examine what was presented for the future. If Dan is telling the truth: Another nice run. If he is fudging add a blade. He has delivered one time. He has not delivered as promised last time. 50-50. Chose your poison and live with it.
  • t
    terry
    Oilman: Got to add here. The percentages are in my favor if anything Dan said is remotely correct. You might as well join me as I have the spray can ready. I might double up to 400 shares. Still being careful, but I like my chances at this price. Still don't plan to invest over $7500.00 in total. I can't wait for your thoughts.
  • h
    hehe
    FWA seems getting attention based on the recent update from Verizon and Tmobile. Several rural area started the broadband internet service via FWA. But almost impossible to know the contribution from Inseego. Inseego should disclose the business update in this hot sector instead of doing bogus conference.
  • M
    Mike1984
    per CEO we are pleased with our continued strong growth in our 5G and cloud software businesses across carrier and enterprise markets. We are confident that 2022 will be the best year in Inseego's long history. And we have a high degree of confidence that we are well positioned to achieve approximately 25% revenue growth as our customers accelerate their commercial 5G deployments in 2022 and beyond.
  • t
    terry
    Just Anazing, I know there are a bunch of stocks getting hammered now days, but four bucks becomes a reality. you can not fall 77% without some major issues. with a volatile market, I can see 30%, 40%, maybe 50%, but something ain't right. This is not a negative post, but rather, what the heck is going on type post. It looks like a run on the money gained from the stay-at-home phenomenon. Nothing left to replace it. I know, I know, all of the transactions that are supposedly in place. But, nothing to stop the avalanche or on slaught of this stock. Maybe someone can explain exactly how this stock is going to run to double digits again. And, I don't want a because Dan says so. I want to know what is going to happen to propel this stock into the future. Your Turn! Facts please or events. Do we go all the way into the threes?
  • t
    tverkerk52
    "We forecast that Verizon and T-Mobile will add 1.8 million wireless home broadband customers in 2022, more than doubling the 750,000 added in 2021," the LightShed analysts predicted. "To put that growth in context, Comcast, Charter and Altice combined added 2.4 million broadband subscribers in 2021 and 2.7 million in 2019. Investors expect these three cable companies to add more than 2 million broadband subs in 2022, but even that reduced level of growth from recent years may prove to be too aggressive."

    Other analysts agree. "Fixed wireless probably cost Comcast and Charter, in aggregate, about 180,000 subscribers in the second half of 2021," wrote the financial analysts at Sanford C. Bernstein & Co. in a recent note to investors.

    And they argued that this is just the start "The great risk ... seems to lie in late 2022 and 2023. As Verizon, T-Mobile and AT&T deploy initial and subsequent blocks of C-band spectrum and as T-Mobile expands its 2.5GHz coverage to the last 1/3rd of US households, the availability of fixed wireless should expand," they wrote.

    After yesterday's presentation this could be the katalysator for the stock to go up. Click link for more info:

    https://www.lightreading.com/5g/is-2022-the-year-fwa-actually-starts-to-threaten-cable/a/d-id/774499?itc=lrnewsletter_lrdaily&utm_source=lrnewsletter_lrdaily&utm_medium=email&utm_campaign=01112022
  • o
    oilman95762
    Terry >> I wasn't born yesterday and I didn't just fall off a turnip truck. Once a CEO lies and fails to deliver, he's lost credibility with most investors, including me. "'Cause if it happened once, you know it happens twice" ("Pretender" - Madonna). We can only hope that Mondor comes through but, then again, we know "hope" is not an investment strategy. Anyway, glad you were able to score once and miss most of the recent carnage....unlike most of the perma-pumpers on this board, including the LOWLIFES who resort to juvenile crass and crude personal attacks. Geezzzz
  • t
    terry
    INSEEGO PLACE: After finishing my two glasses of yummy grape Koolaid, I quickly realized that INSG. was at a new low. And I thought the bottom was already here. Steven M is anxiously awaiting the latest from I PLACE as he appears to be board. Recommended by Gary. Greg is still asleep with his Teddy over on the bench. Dean sulking T the thought of ha insg to mayber start all over again. Getting closer Dean. Bill is screaming at anybody that will listen to him. Oh! Oh! Talking to Chuck and Terrence. Oil drawing in the sand.. It says, I told you so!!! Donna on the phone to Cathie Wood. Found out they are down 49 %. Lisa trying to cheer everyone up. Terry looking for more Koolaid. Mike M talking to a couple of strangers. He asks: Which one of you is Denny? Gary keeps saying Sawadee, he hasn't been drinking koolaid. Steven M said Why are you doing that Gary, dont you know English? Oil now over at the table blowing up paper bags. Dean said to Oil I will furnish the hot air needed for those brown paper bags. Greg finally awake asks what day it is. Bill all smiles, he said he got even with Terrence and Chuck. Sold them 10,000 shares apiece of INSG for 3 bucks a share. Now they are holding the bag. Hehe talking, but nobody knows what he is saying. Dean trying to teach Donna how to use an old Duncan Yoyo Mistake!! would do more, but you know what time it is. Gary and Lisa have pulled into the midst with two bicycles towing hot dogs in the cage. Two bucks a dog says Lisa, Terry, the koolaid is free.
  • S
    Scarter947
    I posted this back in early December and it still holds true for Inseego. Until Inseego can produce a single penny in profit on their total revenue, the stock won't move higher.

    Looking back 5 years: Net Income was ($60.6M) in 2016, ($45.8M) in 2017, and headed in the right direction as Dan Mondor started in 2017 with ($8.1M) in 2018. As Inseego began to focus on revenue growth, Net Income trended back down to ($40.1M) in 2019 and the wheels came off in 2020 at ($111.2M) at a time they delivered their highest revenue of $313.8M that year. This disconnect is what caused the stock price to tumble in 2021. Investors will look past Net Income for High Revenue Growth stocks, but Inseego as a high revenue growth company hasn't materialized. Meanwhile, their Outstanding Share Count has also grown from 54M shares to 102M shares during this same 5 year period. Hedge Fund investors like Joe Lewis, Brian Miller, Tim MaGuire, and others are the only ones that made money on this stock (And people like me that sold in the high teens/low 20's) and they fleeced out every penny on the backs of smaller funds, banks like Stifel, and individual investors.

    Inseego needs to deliver profits for the stock to ever move higher and for those that continue to preach that it is all about revenue growth, they are just trying to sucker you into buying the stock to exit themselves.
  • t
    terry
    I watch and I am amazed, no, appalled, no, in disbelief. First, I love you Greg, someone needs to. Larry is Larry. Impossible for him to be someone else. Denny, friends with Living, Mike M. The Oilman has you all confused, but I am loving it. Once upon a time about 6 years ago, Oil Man got all over my case while on the Old GLUU message board. My first impression was not good. However, after listening to his harsh way of delivering a message for a couple of years, I found out that he was spot on with most of his criticism. Since that time, we have shared many stocks and memories together. You go ahead Greg with your delusions, you too Mike. It is so easy to make assumptions, but that is your right. At the moment, he has you guys spinning every which way. I enjoy the party.

    INSG has done well today compared to a host of other stocks that are down as much as 6%, 8%, or more. You can see them for yourselves. Is this a good sign? As always, I don't know, I wish I did. I have a tendency to be wrong if I venture a guess about half the time. Tomorrow might bring more news. INSEEGO PLACE is just around the corner. Greg, Greg, Greg you are a character.
  • t
    tverkerk52
    CRN looks at the 10 coolest IoT devices and products of 2021, with solutions ranging from asset tracking to sensor connectivity.
    CRN looks at the 10 coolest IoT devices and products of 2021, with solutions ranging from asset tracking to sensor connectivity.
    www.crn.com
  • J
    Johnny7321..923
    This is like buying gold stock, just a small position and forget about it for 5 years, then it pops 100% for few months then sinks back into the bottom and then wait for another 5 years.
  • g
    gary
    Hehe, lots of conjectures there son,,,,, Don't know where you worked but doesn't sound like a corporation. Think about what you would deliver, make up a punch line set of items to show where you are and WHERE you project you are going. Pictures tell a lot. He projects what 25% increase in revs. What if he said ,,, we will achieve that? You would all call him the same old lier.
  • s
    steven M
    According to 5 Wall Street analysts that have issued a 1 year INSG price target, the average INSG price target is $13.10, with the highest INSG stock price forecast at $20.00 and the lowest INSG stock price forecast at $7.50.On average, Wall Street analysts predict that Inseego Corp's share price could reach $13.10 by Aug 5, 2022. The average Inseego Corp stock price prediction forecasts a potential upside of 122.41% from the current INSG
  • M
    Mark
    No idea what the 4th quarter results will be. If Dan delivers on growth, the trend should reverse. Management has made statements that 2nd half 2020 will have good growth so if there is not good growth, credibility will be in question.
    Personally, I think they will show some good growth.
    Dan and officers bought shares around the $6.80 level so their actions are matching and their finances are in alignment with long shareholders.
    There is a conference on the 11th. Maybe they will give an update.
    The trend has been terrible from February onwards. Looking forward to better days . GLTA
  • g
    gary
    So, there is NO news, yet this board is all negative. NO NEWSor am I wrong? Maybe I am?? Ok, just if? ,,, the Seego has been selling stay at home products hand over fist due to preference of working and studying at home. You guys were much better to read a yr ago. Full of exhuberence. Now?? Please , no feedback. Waite till earnings
  • M
    Mike1984
    management bought shares at 6.9, that is their conviction of INSG stock going to appreciate. that is why I still have not sold at loss, as I have confidence that stock can go up in this year
  • D
    Dean P., Waterbury, CT
    Just an observation......comparing the Blue Chip Customers/Partners slide from today's presentation vs. May 2021 PowerPoint shows 26 customers under Enterprise & Gov. in May 2021 presentation with 27 customers listed on today's presentation. Amazon and Lufthansa are gone with 3 new adds Philips, NHS and JP Maguire. Also Carriers had 1 addition today, Optus...total 13.