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Inseego ( (INSG) ) has issued an update.
On April 30, 2025, Inseego Corp. expanded its board of directors from five to six members by appointing George Mulhern as a non-employee director. Mulhern, recognized for his extensive experience in the wireless technology sector, is expected to bring strategic and operational insights to Inseego, leveraging his previous success in growing Cradlepoint’s revenue and leading its acquisition by Ericsson. This appointment aligns with Inseego’s strategic goals to capitalize on market opportunities as a leading U.S.-based supplier of wireless broadband solutions.
Spark’s Take on INSG Stock
According to Spark, TipRanks’ AI Analyst, INSG is a Neutral.
Inseego’s stock score reflects a mix of challenges and potential. Financially, the company struggles with declining revenues and high leverage, presenting significant risks. However, improvements in cash flow and strategic moves like debt reduction and leadership changes offer some optimism. Technical indicators and valuation concerns further weigh on the overall score, signaling caution for investors.
To see Spark’s full report on INSG stock, click here.
More about Inseego
Inseego Corp. is a global leader in wireless broadband, specializing in 5G mobile broadband and 5G fixed wireless access solutions. The company serves millions of end customers and thousands of enterprise and SMB customers with its 4G, 5G, and cloud platforms, focusing on connecting distributed sites and workforces, securing enterprise data, and improving business outcomes over a 5G network.
YTD Price Performance: -19.77%
Average Trading Volume: 151,702
Technical Sentiment Signal: Buy
Current Market Cap: $123.7M
See more insights into INSG stock on TipRanks’ Stock Analysis page.