Kajeet Selects Inseego 5G FWA Solutions for SmartFailover Service

Inseego Corp. announced a partnership with Kajeet to provide 5G Fixed Wireless Access solutions for Kajeet's SmartFailover service, ensuring backup internet connectivity for businesses during disruptions. The service uses Inseego's 5G Router FX3110 and aims to deliver secure, reliable, and scalable connectivity for business continuity. The service is currently available.

Stifel Nicolaus Reaffirms Their Hold Rating on Inseego (INSG)

Stifel Nicolaus analyst Tore Svanberg has reaffirmed a Hold rating on Inseego (INSG) with a price target of $14.00. Svanberg, who specializes in the Technology sector, has an average return of 23.5% and a 62.70% success rate on his stock recommendations. Additionally, TD Cowen's Lance Vitanza also issued a Hold rating for Inseego, while Craig-Hallum maintained a Buy rating on November 7.

Inseego’s Strong Q3 Performance Leads to Hold Rating Amid Anticipated Q4 Moderation and 2026 Revenue Growth

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.

Inseego’s Earnings Call Highlights Growth and Strategic Wins

Inseego's Q3 earnings call highlighted strong sequential growth in revenue ($45.9 million) and adjusted EBITDA ($5.8 million), surpassing guidance. The Fixed Wireless Access (FWA) segment saw over 50% year-over-year growth, aided by new Tier 1 carrier partnerships. Despite a decline in mobile revenue, the outlook for Q4 remains optimistic with projected revenue between $45 million and $48 million. Rising memory costs pose a challenge, but Inseego expects to manage this without significant impact. Overall, the company is well-positioned for future growth through strategic advancements and operational efficiency.

Inseego | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 45.89 M