Inseego Unveils 5G Advanced Products for Businesses, Analysts See 48% Upside Potential

Inseego (INSG) has introduced its first 5G Advanced products for T-Mobile for Business clients, including the Wavemaker 5G cellular router FX4100 and the Wavemaker mesh Wi-Fi X700. Analysts forecast an average target price of $11.50, with a high estimate of $16.50 and a low estimate of $8.00, indicating a potential upside of 48.01% from the current price. The company reported a record non-GAAP gross margin percentage of 47.5% in Q1 2025 and successfully executed a key initiative with Qualcomm's new platform. However, Q1 2025 saw a slow start due to delayed carrier promotions and FWA purchases, and the company is working to diversify its customer base.

Inseego Corp. (Nasdaq: INSG), a leading provider of wireless broadband and 5G solutions, has announced the launch of its first 5G Advanced products for T-Mobile for Business clients. The new offerings include the Inseego Wavemaker™ 5G cellular router FX4100 and the Inseego Wavemaker™ mesh Wi-Fi X700, designed to deliver secure, resilient, and high-performance connectivity for small- and medium-sized enterprises (SMEs), retail locations, restaurants, branch offices, and government offices [1].

The FX4100 router, powered by Qualcomm Dragonwing™ FWA Gen 3 Platform, supports both 5G SA and NSA modes, as well as 4G LTE Cat 20, ensuring seamless connectivity across a wide range of bands. Key features include 5G Standalone (SA) with support for network slicing, improved speeds with 3CA downlink and 2CA uplink, 5G uplink MIMO across TDD & FDD, and versatile connectivity options. The router also offers advanced security features, including IPsec VPN, WPA2/WPA3 authentication, and an advanced firewall [1].

The Wavemaker X700 mesh Wi-Fi node pairs with the FX4100, providing improved Wi-Fi coverage, easy installation, and scalable and flexible connectivity. The combination of these products, along with Inseego Connect™, offers businesses exceptional flexibility and reliability, enabling fast, secure connectivity without the complexity or cost of traditional solutions [1].

Analysts have forecast an average target price of $11.50 for Inseego, with a high estimate of $16.50 and a low estimate of $8.00, indicating a potential upside of 48.01% from the current price. The company reported a record non-GAAP gross margin percentage of 47.5% in Q1 2025 and successfully executed a key initiative with Qualcomm's new platform. However, Q1 2025 saw a slow start due to delayed carrier promotions and FWA purchases, and the company is working to diversify its customer base [2].

Inseego's new CEO, Juho Sarvikas, has outlined a strategic vision to position the company as a solutions provider for enterprise connectivity, combining MiFi and Fixed Wireless Access hardware with cloud-managed software solutions. The company is focused on increasing its footprint with Tier 1 carriers and multiple-system operators (MSOs) and expanding its software customer base [2].

References:

[1] https://www.nasdaq.com/press-release/wireless-broadband-leader-inseego-unveils-wavemaker-5g-cellular-router-fx4100-and
[2] https://seekingalpha.com/article/4790128-inseego-corporation-sell-on-elevated-execution-risk