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Stock impact report

Analysts' Revenue Estimates For Inseego Corp. (NASDAQ:INSG) Are Surging Higher [Yahoo! Finance News]

Inseego Corp. (INSG) 
Last inseego corp. earnings: 3/11 04:23 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.inseego.com/investor-relations
Shareholders inInseego Corp.NASDAQ:INSGFollowing the upgrade, the latest consensus from Inseego's six analysts is for revenues of US$292m in 2020, which would reflect a substantial 33% improvement in sales compared to the last 12 months. Losses are predicted to fall substantially, shrinking 50% to US$0.26. Yet prior to the latest estimates, the analysts had been forecasting revenues of US$262m and losses of US$0.28 per share in 2020. So there's been quite a change-up of views after the recent consensus updates, with the analysts making a sizeable increase to their revenue forecasts while also reducing the estimated loss as the business grows towards breakeven.See our latest analysis for InseegoGS:INSG Past and Future Earnings April 12th 2020It will come as no surprise to learn that the analysts have increased their price target for Inseego 16% to US$9.13 on the back of these upgrades. It could also be instructive to look at the range of analyst estimates, to evaluate how different the Show less Read more
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