Inseego’s Strong Q3 Performance Leads to Hold Rating Amid Anticipated Q4 Moderation and 2026 Revenue Growth
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Analyst Lance Vitanza of TD Cowen has maintained a Hold rating on Inseego, raising the price target to $14.00. This decision follows Inseego's strong Q3 performance, driven by fixed wireless access momentum and software contributions. However, Vitanza anticipates a moderation in Q4 and slight profit margin compression by 2026, indicating that the stock's near-term upside is already priced in. Vitanza is recognized as a 5-star analyst with a 21.4% average return and a 44.59% success rate in the Communication Services sector.
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