Inseego (INSG -2.69%) designs and sells wireless network hardware and provides software for companies to deploy and remotely manage devices connected to their networks. As next-gen 5G technology networks are being built, demand for Inseego's antennas and other infrastructure gear is accelerating.
Since remote work became normalized during the COVID-19 pandemic, more households are relying on mobile providers for high-speed internet, driving demand for Inseego's 5G mobile hotspot devices. These 5G devices are proving popular with schools, employers, and consumers alike.
T-Mobile (TMUS +0.31%), which is emerging as a market leader in this new era of digital mobility, offers Inseego's Wi-Fi routers to its customers. The telecommunications giant has the most 5G coverage among mobile service providers in the U.S. With 5G adoption still growing, Inseego could ride T-Mobile's coattails as the company continues to expand and improve its 5G network.
The big news, however, came in April 2026, when Inseego acquired Nokia's fixed wireless access (FWA) business. The deal, which is expected to close in the fourth quarter of 2026, will give Nokia an 11% stake in Inseego, and the two companies will collaborate on 6G and wireless edge initiatives.
The company expects the deal to significantly expand its market position. Inseego, however, is still reporting GAAP losses, has about $60 million in debt, and a $1.9 million cash balance. Its stock plunged from around $20 in May to slightly more than $4 per share in September after a second-quarter report showed larger-than-expected losses in earnings per share. Its successful integration of Nokia's FWA business and new hotspot product launches will determine whether Inseego stock rebounds or sinks under the weight of expectations.
How to invest in small-cap tech stocks
- Open your brokerage account: Log in to your brokerage account where you handle your investments. If you don't have one yet, take a look at our favorite brokers and trading platforms to find the right one for you.
- Search for the stock: Enter the ticker into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
