New York, June 5, 2026, 04:18 EDT
Inseego Corp. shares finished up 19 cents at $14.01 on Thursday. The wireless equipment maker, traded on Nasdaq, took a market cap around $229 million into Friday’s pre-market session. A small after-hours move put the quote at $14.02, with little volume, according to .
Inseego’s gain was small. Attention now turns away from daily price shifts to the company’s pending deal with Nokia and the scale it might finally deliver to investors.
Inseego is set to buy Nokia’s Fixed Wireless Access CPE business, the companies said April 30. The deal gives Inseego control of Nokia’s FWA line, which includes broadband delivered through wireless radio instead of cable or fiber. FWA hardware here refers to the routers or gateways installed at customers’ locations. Nokia said the transaction should roughly double Inseego’s revenue. Once the deal closes and with a new investment, Nokia expects to own about 11% of Inseego.
No new Inseego news was out early Friday. The latest on its investor relations press-release page was from May 7, covering Q1 earnings and the appointment of Koroush Saraf as chief product officer.
Nasdaq’s regular session hadn’t started at dateline time. The 2026 Nasdaq calendar shows June 5 is not a holiday, so regular hours are 9:30 a.m. to 4 p.m. ET, with pre-market trading from 4 a.m. to 9:30 a.m. ET. Nasdaq notes that fewer shares trade in extended hours, which can mean more volatility and less liquidity.
Inseego posted first-quarter revenue of $34.3 million, with adjusted EBITDA at $1.8 million and a GAAP net loss of $4.5 million. Adjusted EBITDA is not based on standard U.S. accounting rules and leaves out interest, tax, depreciation and amortization. CEO Juho Sarvikas said the Nokia acquisition “provides immediate global scale.” CFO Steven Gatoff said the company had “healthy gross margins.” Inseego Corp.
The company put second-quarter revenue guidance between $36.5 million and $43.5 million. For full-year 2026, it sees revenue near $190 million. That’s the immediate target. The Nokia deal, if it closes in the fourth quarter as planned, is the bigger milestone.
Analyst coverage for Inseego remains limited, which is common for small tech hardware firms. The company shows four analysts: Christian Schwab from Craig-Hallum, Tyler Burmeister at Lake Street Capital Markets, Scott Searle at Roth Capital, and Lance Vitanza from TD Cowen.
But the bear case is straightforward. Inseego’s annual report lists Netgear as a competitor in mobile broadband, and Ericsson Wireless Solutions and Cisco in fixed wireless access, noting that many of these competitors have more resources. The company also warns the FWA market could develop slower than expected. If carrier activity slows or big rivals get aggressive on price, the stock could lose its deal gains fast.
Costs are already an issue. Inseego’s March-quarter filing showed R&D up 28.1%, sales and marketing up 42.9%, and general and admin up 54.5%. The company said the jump in G&A was partly from non-recurring transaction costs linked to the preferred stock exchange and Nokia FWA deal. Cash was $19.3 million at March 31 with $48.9 million in 2029 senior secured notes.
Friday looks set for a tight session after a slight gain on Thursday. Trading was light early, with no fresh news from the company. The main event people are watching is still to come. The question is whether Inseego can make the Nokia deal deliver the scale, revenue, margin, and cash flow it is promising once the transaction is finished.
