Inseego (INSG)
Market Price (12/23/2025): $10.6 | Market Cap: $160.5 MilSector: Information Technology | Industry: Communications Equipment
Inseego (INSG)
Market Price (12/23/2025): $10.6Market Cap: $160.5 MilSector: Information TechnologyIndustry: Communications Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Megatrend and thematic driversMegatrends include 5G & Advanced Connectivity. Themes include Mobile & Fixed Wireless Access Devices. | Weak multi-year price returns3Y Excs Rtn is -65% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -7.4%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -14%, Rev Chg QQuarterly Revenue Change % is -15% |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11% | Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -16% | |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.3% | ||
| Key risksINSG key risks include [1] heavy reliance on two major customers, Show more. |
| Megatrend and thematic driversMegatrends include 5G & Advanced Connectivity. Themes include Mobile & Fixed Wireless Access Devices. |
| Weak multi-year price returns3Y Excs Rtn is -65% |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -7.4%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -14%, Rev Chg QQuarterly Revenue Change % is -15% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -16% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.3% |
| Key risksINSG key risks include [1] heavy reliance on two major customers, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
The approximate -14% stock movement for Inseego (INSG) from August 31, 2025, to December 23, 2025, can be attributed to several key factors: 1. Significant Q3 2025 Earnings Per Share (EPS) Miss. Inseego reported an EPS of $0.12 for the third quarter of 2025, which fell considerably short of the Zacks Consensus Estimate of $0.28, resulting in a -57.14% surprise.2. Year-over-Year Revenue Decline. Despite a sequential increase in revenue, Inseego's Q3 2025 total revenue of $45.9 million marked a 15.1% decrease compared to the same quarter in the previous year. This year-over-year decline likely contributed to investor disappointment.
Show more
Stock Movement Drivers
Fundamental Drivers
The -21.0% change in INSG stock from 9/22/2025 to 12/22/2025 was primarily driven by a -16.4% change in the company's P/S Multiple.| 9222025 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 13.41 | 10.60 | -20.95% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 174.01 | 165.88 | -4.68% |
| P/S Multiple | 1.16 | 0.97 | -16.42% |
| Shares Outstanding (Mil) | 15.02 | 15.14 | -0.79% |
| Cumulative Contribution | -20.96% |
Market Drivers
9/22/2025 to 12/22/2025| Return | Correlation | |
|---|---|---|
| INSG | -21.0% | |
| Market (SPY) | 2.7% | 48.1% |
| Sector (XLK) | 2.7% | 46.7% |
Fundamental Drivers
The 39.1% change in INSG stock from 6/23/2025 to 12/22/2025 was primarily driven by a 56.9% change in the company's P/S Multiple.| 6232025 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 7.62 | 10.60 | 39.11% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 185.41 | 165.88 | -10.54% |
| P/S Multiple | 0.62 | 0.97 | 56.94% |
| Shares Outstanding (Mil) | 15.00 | 15.14 | -0.93% |
| Cumulative Contribution | 39.10% |
Market Drivers
6/23/2025 to 12/22/2025| Return | Correlation | |
|---|---|---|
| INSG | 39.1% | |
| Market (SPY) | 14.4% | 40.8% |
| Sector (XLK) | 19.7% | 34.8% |
Fundamental Drivers
The -1.9% change in INSG stock from 12/22/2024 to 12/22/2025 was primarily driven by a -22.7% change in the company's Shares Outstanding (Mil).| 12222024 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 10.81 | 10.60 | -1.94% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 179.08 | 165.88 | -7.37% |
| P/S Multiple | 0.74 | 0.97 | 29.93% |
| Shares Outstanding (Mil) | 12.34 | 15.14 | -22.74% |
| Cumulative Contribution | -7.01% |
Market Drivers
12/22/2024 to 12/22/2025| Return | Correlation | |
|---|---|---|
| INSG | -1.9% | |
| Market (SPY) | 16.9% | 47.0% |
| Sector (XLK) | 23.8% | 48.3% |
Fundamental Drivers
The 28.0% change in INSG stock from 12/23/2022 to 12/22/2025 was primarily driven by a 187.7% change in the company's P/S Multiple.| 12232022 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 8.28 | 10.60 | 27.99% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 265.30 | 165.88 | -37.48% |
| P/S Multiple | 0.34 | 0.97 | 187.67% |
| Shares Outstanding (Mil) | 10.77 | 15.14 | -40.53% |
| Cumulative Contribution | 6.96% |
Market Drivers
12/23/2023 to 12/22/2025| Return | Correlation | |
|---|---|---|
| INSG | 384.0% | |
| Market (SPY) | 47.7% | 28.4% |
| Sector (XLK) | 52.9% | 26.8% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| INSG Return | 111% | -62% | -86% | -74% | 367% | 4% | -85% |
| Peers Return | � | � | -31% | 25% | 83% | 4% | � |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 17% | 113% |
Monthly Win Rates [3] | |||||||
| INSG Win Rate | 50% | 25% | 33% | 42% | 58% | 42% | |
| Peers Win Rate | � | � | 33% | 50% | 58% | 48% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| INSG Max Drawdown | -44% | -65% | -87% | -77% | -18% | -38% | |
| Peers Max Drawdown | � | � | -52% | -37% | -17% | -36% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: IOT, AIOT, SMTC, DGII, NTGR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/22/2025 (YTD)
How Low Can It Go
| Event | INSG | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -99.1% | -25.4% |
| % Gain to Breakeven | 10637.3% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -57.1% | -33.9% |
| % Gain to Breakeven | 133.0% | 51.3% |
| Time to Breakeven | 32 days | 148 days |
| 2018 Correction | ||
| % Loss | -70.6% | -19.8% |
| % Gain to Breakeven | 240.4% | 24.7% |
| Time to Breakeven | 447 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -90.1% | -56.8% |
| % Gain to Breakeven | 905.2% | 131.3% |
| Time to Breakeven | Not Fully Recovered days | 1,480 days |
Compare to VSAT, ADTN, FIEE, CSCO, ANET
In The Past
Inseego's stock fell -99.1% during the 2022 Inflation Shock from a high on 1/25/2021. A -99.1% loss requires a 10637.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Inseego Corp. engages in the design and development of fixed and mobile wireless solutions, industrial Internet of Things (IIoT), and cloud solutions for large enterprise verticals, service providers, small and medium-sized businesses, governments, and consumers worldwide. The company provides wireless 4G and 5G hardware products, including private LTE/5G networks, First responders network authority/Firstnet, SD-WAN, telematics, remote monitoring and surveillance, and fixed wireless access and mobile broadband devices. Its products include 4G and 5G fixed wireless routers and gateways, mobile hotspots, and wireless gateways and routers for IIoT applications; and Gb speed 4G LTE hotspots and USB modems, integrated telematics, and mobile tracking hardware devices, which are supported by applications software and cloud services designed to enable customers to analyze data insights and configure/manage their hardware remotely. In addition, the company sells software-as-a-service (SaaS), software, and services solutions in various mobile and IIoT vertical markets comprising fleet management, vehicle telematics, stolen vehicle recovery, asset tracking, monitoring, business connectivity, and subscription management. Its SaaS delivery platforms include telematics, asset tracking, and management platforms which provide fleet, vehicle, aviation, asset, and other telematics applications; and Inseego Subscribe, a hosted SaaS platform that helps organizations in managing the selection, deployment, and spend of their customers wireless assets by helping them to save money on personnel and telecom expenses. Inseego Corp. was founded in 1996 and is based in San Diego, California.
AI Analysis | Feedback
Here are 1-2 brief analogies to describe Inseego (INSG):
- Netgear for 5G mobile and fixed wireless internet devices: Inseego is known for its MiFi mobile hotspots and fixed wireless access (FWA) routers that bring 5G internet to homes and businesses, similar to how Netgear provides consumer and prosumer networking hardware.
- Sierra Wireless for enterprise 5G and IoT solutions: Inseego also provides industrial IoT gateways, enterprise routers, and device management software, competing in a space similar to Sierra Wireless for secure, high-performance cellular connectivity solutions for businesses.
AI Analysis | Feedback
- 5G Fixed Wireless Access (FWA) Routers: Hardware devices providing high-speed internet connectivity to homes and businesses via 5G cellular networks.
- 5G Mobile Hotspots (MiFi): Portable hardware devices offering secure, high-speed 5G internet connectivity for multiple users on the go.
- IoT Asset Tracking and Fleet Management Solutions: Integrated hardware and software platforms for real-time monitoring, tracking, and management of vehicles, equipment, and mobile assets (Category: IoT Solutions).
- Cloud-based Device Management Software: A software platform allowing remote configuration, monitoring, and management of Inseego's 5G and IoT devices for enterprises and service providers (Category: Software as a Service (SaaS)).
AI Analysis | Feedback
Inseego (symbol: INSG) primarily sells its products and services to other companies, specifically wireless carriers, distributors, and direct enterprise customers (B2B).
Its major customer identified in its financial filings is:
- Verizon Communications Inc. (symbol: VZ)
AI Analysis | Feedback
Qualcomm Incorporated (QCOM)
AI Analysis | Feedback
```htmlJuho Sarvikas, Chief Executive Officer
Juho Sarvikas was appointed Chief Executive Officer for Inseego in January 2025. Prior to joining Inseego, Mr. Sarvikas served as the President of Qualcomm North America since 2021, where he led the company's diversification strategy for the region. Before Qualcomm, he was Chief Product Officer at HMD Global from 2016 to 2021, where, as a founding member, he spearheaded the relaunch of Nokia phones, growing the company to achieve multi-billion dollar revenue. He also held various leadership roles in sales and product management at Nokia and Microsoft.
Steven Gatoff, Chief Financial Officer and GM, Inseego Subscribe
Steven Gatoff was appointed Chief Financial Officer for Inseego in September 2023 and also leads the Company's Subscribe SaaS offering as General Manager. Mr. Gatoff has over 25 years of financial expertise and leadership experience, with a track record of driving value creation for technology and telecom companies. Prior to Inseego, he served as CFO of Edge Case Research, Inc. He has also served as public company CFO at Absolute Software, 8x8, PagerDuty, Rapid7, and iPass. Earlier in his career, he held senior finance roles at United Online, Inc., Sterling Commerce, Inc., and VeriSign. Mr. Gatoff was also an investment banker with several Wall Street firms including Morgan Stanley, Bear Stearns, and Credit Suisse.
David Markland, Chief Product Officer
David Markland joined Inseego as Chief Product Officer, responsible for driving a cohesive and competitive product portfolio strategy. He has 24 years of experience integrating pioneering technology into business-critical and mission-critical applications within the wireless industry. Prior to joining Inseego, he served as Vice President & General Manager of the AirLink Router Business at Semtech, where he was instrumental in developing the smallest rugged 5G router. He also introduced the first 2G GPRS module while at Siemens.
Steve Harmon, Chief Commercial Officer
Steve Harmon joined Inseego in October 2023 and oversees the company's global revenue growth, marketing, and business development strategy. He has over 18 years of experience leading global teams responsible for sales, marketing, and revenue operations. Most recently, Mr. Harmon was the SVP of Global Sales at Sierra Wireless. He also spent six years at BlackBerry as the Managing Director of US Enterprise Sales and was the Global Vice President of Database & Technology Sales at SAP. He began his career at Sybase in various sales roles.
Vishal Donthireddy, Chief Technology Officer
Vishal Donthireddy is Inseego's Chief Technology Officer, responsible for driving strategy and product innovation for the company's cloud-managed enterprise solutions. He began his career at Inseego in 2005 as a software engineer and has contributed to every generation of the company's product portfolio, from 2G to today's cutting-edge 5G Advanced solutions.
```AI Analysis | Feedback
The key risks to Inseego's business include:
- Heavy Reliance on a Small Number of Major Customers: Inseego is significantly dependent on a limited number of customers for a substantial portion of its revenues. As of 2023, two major customers, Verizon and T-Mobile, accounted for 59% of all their revenues, making the company vulnerable to the loss of business from either.
- Financial Health and Debt Obligations: The company faces risks associated with its financial condition, particularly convertible notes. Inseego has a limited array of assets and more liabilities than assets, resulting in no real equity. While efforts have been made to restructure debt and some convertible notes have been paid off, the overall debt remains a notable concern for a company of its size.
- Intense Competition and Market Demand: Inseego operates in a rapidly evolving and highly competitive market for 5G and 4G mobile broadband and fixed wireless access (FWA) solutions. The business faces challenges in introducing new products and services in a timely manner, and there is no guarantee that market demand for its anticipated offerings will meet expectations. Fierce pricing battles and shifts towards integrated solutions threaten Inseego's market relevance, margins, and long-term earnings stability.
AI Analysis | Feedback
Intensified competition from larger, diversified players resulting from significant market consolidation in the 5G Fixed Wireless Access (FWA) and IoT device sectors. Companies like Ericsson (with Cradlepoint), Semtech (with Sierra Wireless), and Telit Cinterion (formed from the merger of Telit and Thales' IoT business) have established themselves as formidable competitors. These entities possess deeper financial resources, broader product portfolios, and stronger global sales channels and relationships with carriers and enterprises. This trend threatens to commoditize Inseego's specialized hardware offerings, diminish its pricing power, and make it increasingly challenging to secure and maintain large-scale carrier and enterprise contracts, potentially leading to market share erosion and reduced profitability.
AI Analysis | Feedback
Inseego (NASDAQ: INSG) operates in several key markets, with its primary products and services focusing on 5G Fixed Wireless Access (FWA) solutions and mobile hotspots.
The addressable market sizes for Inseego's main products are as follows:
- 5G Fixed Wireless Access (FWA): The global 5G FWA market size was estimated at USD 45.17 billion in 2024 and is projected to reach USD 342.8298 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 40.5% from 2025 to 2030. Another estimate indicates the global 5G FWA market was valued at USD 31.42 billion in 2023 and is expected to grow to approximately USD 327.91 billion by 2030, with a CAGR of 39.8% from 2024 to 2030. The United States accounted for 28.71% of the total 5G Fixed Wireless Access Market revenue in 2023.
- Mobile Hotspots (MiFi devices): The global Mobile Hotspot Router Market is projected to reach USD 89.6 billion by 2035, growing at a CAGR of 11.0% from 2025 to 2035. In 2024, this market was valued at approximately USD 28.4 billion. Another report estimated the global Mobile Hotspot Router Market size at USD 6,703.4 million in 2024, with a projection to reach around USD 27,355.7 million by 2034, at a CAGR of 15.1% from 2025 to 2034. Asia-Pacific dominated the mobile hotspot router market in 2024, holding over 38.1% of the global market share, with revenues of approximately $2,553 million.
Market sizes for Inseego's enterprise SaaS solutions and IoT gateways/modems could not be specifically identified as standalone addressable markets in the provided search results; therefore, this information is null.
AI Analysis | Feedback
Inseego (NASDAQ: INSG) is poised for future revenue growth over the next 2-3 years, driven by several key strategic initiatives and market expansions. The company's focus on enterprise-grade solutions and recurring revenue streams is expected to fuel this growth. Here are 3-5 expected drivers of Inseego's future revenue growth: * Expansion of Fixed Wireless Access (FWA) Solutions: Inseego is experiencing significant growth in its FWA offerings, with FWA revenue exceeding mobile hotspot revenue for three consecutive quarters in 2025. The company's FX4100 product has seen a strong ramp-up following its Q2 2025 launch, and the introduction of the premium FX4200 in Q4 2025 is expected to further bolster FWA growth by creating a higher-value tier and broadening market opportunities. Inseego's FWA shipment volumes were up more than 50% year-over-year in Q3 2025, indicating strong enterprise adoption. * Growth in Software and Services (SaaS): Inseego is transforming into a solutions company that integrates hardware, network management, and software into a single platform. The company's software services revenue, which includes Inseego Connect MDM cloud offerings and Inseego Subscribe SaaS, has consistently contributed stable, high-margin revenue. This focus on SaaS-enabled solutions is a key growth vector. * New Product Launches and Portfolio Refresh: Inseego consistently launches new products to expand its portfolio. The successful launch of the FX4100 enterprise-grade wireless router in Q2 2025 and the subsequent introduction of the FX4200 in Q4 2025 are critical for FWA growth. Additionally, a product line refresh and expanded customer set are expected to drive sequential growth in mobile revenue in Q4 2025. These new products are designed to target both business and consumer mobile broadband markets. * Deepening Partnerships with Tier 1 Carriers: Inseego has been actively expanding its reach through strategic partnerships. The company secured a new Tier 1 U.S. carrier win in Q3 2025, which will begin selling both Inseego's FWA products and a new MiFi device. This addition means Inseego is now aligned with three major U.S. Tier 1 carriers, broadening its market presence and supporting share gains in both FWA and mobile hotspots. These deeper engagements with Tier 1 carriers and MSOs are a significant growth driver.AI Analysis | Feedback
Share Repurchases
- In November 2024, Inseego repurchased $55.5 million of its 2025 convertible notes.
- This action was part of a larger capital structure management initiative that reduced the total outstanding 2025 convertible notes by $147 million, or 91%, leaving a remaining balance of approximately $15 million.
Share Issuance
- As part of the convertible notes restructuring in November 2024, Inseego issued 2.4 million shares of common stock.
- In January 2024, Inseego executed a 1-for-10 reverse stock split.
- The company issues equity awards, such as restricted stock units (RSUs), to its directors, with an example being a grant of 8,879 RSUs to a director in October 2025.
Capital Expenditures
- In the 12 months leading up to the third quarter of 2025, Inseego's capital expenditures amounted to approximately -$295,000.
- For the fourth quarter of 2025, the company anticipates increased capital expenditures, primarily driven by investments in Research & Development (R&D) to fund new products and higher capitalized software development costs.
- The primary focus of these expenditures is on developing new products, particularly in 5G Fixed Wireless Access (FWA) and mobile solutions.
Latest Trefis Analyses
| Title | Topic | |
|---|---|---|
| DASHBOARDS | ||
| Inseego Earnings Notes | ||
| Can Inseego Stock Recover If Markets Fall? | Return |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to INSG. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11302025 | ENPH | Enphase Energy | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 16.1% | 16.1% | -0.9% |
| 11262025 | PD | PagerDuty | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 12.0% | 12.0% | 0.0% |
| 11212025 | CRM | Salesforce | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 16.7% | 16.7% | -0.1% |
| 11212025 | HUBS | HubSpot | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 12.8% | 12.8% | 0.0% |
| 11212025 | FIVN | Five9 | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 7.8% | 7.8% | 0.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Inseego
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 31.41 |
| Mkt Cap | 1.2 |
| Rev LTM | 565 |
| Op Inc LTM | -0 |
| FCF LTM | 46 |
| FCF 3Y Avg | 29 |
| CFO LTM | 63 |
| CFO 3Y Avg | 44 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 11.7% |
| Rev Chg 3Y Avg | 6.8% |
| Rev Chg Q | 10.8% |
| QoQ Delta Rev Chg LTM | 2.6% |
| Op Mgn LTM | 0.9% |
| Op Mgn 3Y Avg | -6.0% |
| QoQ Delta Op Mgn LTM | 0.7% |
| CFO/Rev LTM | 9.3% |
| CFO/Rev 3Y Avg | 5.6% |
| FCF/Rev LTM | 5.4% |
| FCF/Rev 3Y Avg | 2.7% |
Price Behavior
Price Behavior
| Market Price | $10.60 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 11/21/2000 | |
| Distance from 52W High | -38.7% | |
| 50 Days | 200 Days | |
| DMA Price | $12.78 | $10.23 |
| DMA Trend | down | down |
| Distance from DMA | -17.0% | 3.6% |
| 3M | 1YR | |
| Volatility | 69.7% | 70.1% |
| Downside Capture | 341.12 | 201.04 |
| Upside Capture | 185.50 | 169.28 |
| Correlation (SPY) | 48.3% | 46.6% |
INSG Betas & Captures as of 11/30/2025
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.36 | 2.67 | 2.33 | 2.60 | 1.59 | 1.81 |
| Up Beta | 0.27 | 0.20 | 0.17 | 3.08 | 1.26 | 1.28 |
| Down Beta | 2.20 | 4.51 | 4.36 | 4.41 | 1.69 | 2.01 |
| Up Capture | -46% | 113% | 145% | 228% | 248% | 877% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 7 | 23 | 34 | 66 | 118 | 333 |
| Down Capture | 434% | 315% | 235% | 141% | 142% | 111% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 13 | 19 | 28 | 57 | 127 | 403 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of INSG With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| INSG | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -3.7% | 21.7% | 14.7% | 67.3% | 6.8% | -0.5% | -16.6% |
| Annualized Volatility | 69.8% | 27.8% | 19.7% | 19.3% | 15.2% | 17.6% | 35.4% |
| Sharpe Ratio | 0.23 | 0.69 | 0.57 | 2.54 | 0.23 | -0.18 | -0.25 |
| Correlation With Other Assets | 47.1% | 45.6% | 6.1% | 13.0% | 27.4% | 32.2% | |
ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Comparison of INSG With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| INSG | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -41.3% | 19.4% | 15.0% | 18.9% | 11.8% | 5.1% | 35.8% |
| Annualized Volatility | 94.8% | 24.7% | 17.1% | 15.5% | 18.7% | 18.9% | 48.9% |
| Sharpe Ratio | -0.13 | 0.71 | 0.71 | 0.98 | 0.51 | 0.18 | 0.63 |
| Correlation With Other Assets | 32.0% | 32.6% | 8.9% | 8.8% | 28.5% | 17.1% | |
ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of INSG With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| INSG | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -4.7% | 22.4% | 14.9% | 14.9% | 6.7% | 5.5% | 69.9% |
| Annualized Volatility | 83.6% | 24.2% | 18.0% | 14.8% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.32 | 0.85 | 0.71 | 0.84 | 0.30 | 0.23 | 0.90 |
| Correlation With Other Assets | 31.7% | 32.3% | 6.2% | 10.9% | 26.4% | 10.9% | |
ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/6/2025 | 1.6% | -17.3% | -18.7% |
| 8/7/2025 | -6.2% | 20.6% | 78.7% |
| 5/8/2025 | -7.0% | -8.8% | -9.6% |
| 2/19/2025 | 5.8% | -6.2% | -19.2% |
| 11/12/2024 | -40.4% | -29.5% | -38.3% |
| 8/7/2024 | 23.6% | 39.9% | 80.6% |
| 5/9/2024 | 31.0% | 67.4% | 106.5% |
| 2/21/2024 | -12.5% | -28.8% | 1.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 7 | 6 | 6 |
| # Negative | 12 | 13 | 13 |
| Median Positive | 8.5% | 20.9% | 79.6% |
| Median Negative | -14.4% | -17.3% | -19.2% |
| Max Positive | 31.0% | 67.4% | 106.5% |
| Max Negative | -40.4% | -46.2% | -52.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11072025 | 10-Q 9/30/2025 |
| 6302025 | 8082025 | 10-Q 6/30/2025 |
| 3312025 | 5092025 | 10-Q 3/31/2025 |
| 12312024 | 2202025 | 10-K 12/31/2024 |
| 9302024 | 11132024 | 10-Q 9/30/2024 |
| 6302024 | 8082024 | 10-Q 6/30/2024 |
| 3312024 | 5102024 | 10-Q 3/31/2024 |
| 12312023 | 2222024 | 10-K 12/31/2023 |
| 9302023 | 11032023 | 10-Q 9/30/2023 |
| 6302023 | 8032023 | 10-Q 6/30/2023 |
| 3312023 | 5042023 | 10-Q 3/31/2023 |
| 12312022 | 3032023 | 10-K 12/31/2022 |
| 9302022 | 11032022 | 10-Q 9/30/2022 |
| 6302022 | 8092022 | 10-Q 6/30/2022 |
| 3312022 | 5042022 | 10-Q 3/31/2022 |
| 12312021 | 3012022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.