Inari Medical (NARI) Stock Price, News & Analysis

Company Overview

Inari Medical (NASDAQ: NARI) is a commercial-stage medical device company dedicated to developing innovative therapies for the treatment of venous diseases. The company’s core focus lies in addressing the substantial unmet clinical needs of patients suffering from acute and chronic venous thromboembolic disorders, including pulmonary embolism (PE) and deep vein thrombosis (DVT). By pioneering minimally invasive mechanical thrombectomy technologies, Inari Medical aims to improve patient outcomes, reduce hospital stays and limit the need for thrombolytic drugs that carry bleeding risks.

Among its flagship products are the FlowTriever® System and the ClotTriever® System. The FlowTriever System is designed to rapidly extract large clots from pulmonary arteries without the use of thrombolytics, offering an alternative to catheter-directed thrombolysis in the management of PE. The ClotTriever System targets peripheral veins, enabling physicians to remove significant clot burden in a single session for patients with acute and chronic DVT. Both platforms leverage proprietary catheter and catheter-enhancement technologies to facilitate safe and efficient clot retrieval.

Since its founding in 2011 and initial public offering in 2018, Inari Medical has expanded its commercial footprint across the United States and into select international markets, including Europe, where it collaborates with distribution partners to reach a broader physician base. The company’s headquarters in Irvine, California serves as the hub for its research, development and manufacturing activities. With a commitment to clinical evidence generation, Inari Medical supports ongoing trials and real-world registries that aim to demonstrate long-term patient benefits and cost-effectiveness of its therapies.

Under the leadership of Chief Executive Officer Christopher Calhoun and a management team with extensive experience in cardiovascular and interventional medicine, Inari Medical continues to invest in product innovation and market expansion. The company’s strategic priorities include enhancing its product portfolio, reinforcing its direct and indirect sales channels, and fostering partnerships with healthcare providers to drive broader adoption of its thrombectomy technologies.

Key Stats

• Today's Range: $79.97 to $79.97
• 50-Day Range: $79.97 to $79.97
• 52-Week Range: $39.76 to $79.99
• Volume: N/A
• Average Volume: 1.46 million shs
• Market Capitalization: $4.68 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $69.22
• Consensus Rating: Hold

Inari Medical Stock Analysis - MarketRank™

Inari Medical scored higher than 5% of companies evaluated by MarketBeat, and ranked 927th out of 944 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Inari Medical has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 2 buy ratings, 12 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Inari Medical has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Inari Medical are expected to grow in the coming year, from ($0.82) to $0.11 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Inari Medical is -59.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Inari Medical is -59.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Inari Medical has a P/B Ratio of 9.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NARI.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Inari Medical does not currently pay a dividend.

Dividend Growth

Inari Medical does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for NARI.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Inari Medical this week, compared to 5 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Inari Medical insiders have not sold or bought any company stock.

Percentage Held by Insiders

10.60% of the stock of Inari Medical is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

90.98% of the stock of Inari Medical is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NARI Stock Analysis - Frequently Asked Questions

How have NARI shares performed this year?

Inari Medical's stock was trading at $51.05 at the beginning of the year. Since then, NARI stock has increased by 56.7% and is now trading at $79.97.

How were Inari Medical's earnings last quarter?

Inari Medical, Inc. (NASDAQ:NARI) posted its quarterly earnings data on Wednesday, February, 28th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.01 by $0.09. Inari Medical's quarterly revenue was up 22.5% on a year-over-year basis.
Read the conference call transcript.

When did Inari Medical IPO?

Inari Medical (NARI) raised $110 million in an initial public offering (IPO) on Friday, May 22nd 2020. The company issued 7,300,000 shares at a price of $14.00-$16.00 per share. BofA Securities and Morgan Stanley acted as the underwriters for the IPO and Canaccord Genuity and Wells Fargo Securities were co-managers.

How do I buy shares of Inari Medical?

Shares of NARI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Inari Medical own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Inari Medical investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Tesla (TSLA), Netflix (NFLX) and Visa (V).

Company Calendar

• Last Earnings: 2/28/2024
• Today: 7/12/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Surgical & medical instruments
• Sub-Industry: Medical Equipment
• Current Symbol: NASDAQ:NARI
• CIK: 1531048
• Web: www.inarimedical.com
• Phone: 877-923-4747
• Fax: N/A
• Employees: 800
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Inari Medical: $69.22
• High Price Target: $80.00
• Low Price Target: $47.00
• Potential Upside/Downside: -13.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.14
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.35)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$1.64 million
• Net Margins: -13.68%
• Pretax Margin: -9.29%
• Return on Equity: -10.09%
• Return on Assets: -6.60%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.77
• Quick Ratio: 1.40

Sales & Book Value

• Annual Sales: $493.63 million
• Price / Sales: 9.48
• Cash Flow: $0.09 per share
• Price / Cash Flow: 906.95
• Book Value: $8.07 per share
• Price / Book: 9.91

Miscellaneous

• Outstanding Shares: 58,540,000
• Free Float: 52,338,000
• Market Cap: $4.68 billion
• Optionable: Optionable
• Beta: 1.02