S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities

Inspire Medical Systems (INSP) Stock Forecast & Price Target

$221.63
-1.51 (-0.68%)
(As of 04/16/2024 ET)

Inspire Medical Systems Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 13 Analyst Ratings

Analysts' Consensus Price Target

$271.29
22.40% Upside
High Forecast$371.00
Average Forecast$271.29
Low Forecast$159.00
TypeCurrent Forecast
4/17/23 to 4/16/24
1 Month Ago
3/18/23 to 3/17/24
3 Months Ago
1/17/23 to 1/17/24
1 Year Ago
4/17/22 to 4/17/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
8 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$271.29$272.92$275.42$305.67
Predicted Upside22.40% Upside21.65% Upside23.31% Upside25.15% Upside
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INSP Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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INSP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Inspire Medical Systems Stock vs. The Competition

TypeInspire Medical SystemsMedical CompaniesS&P 500
Consensus Rating Score
2.69
2.68
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside20.71% Upside1,012.41% Upside11.49% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/27/2024Mizuho
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 Reiterated RatingBuy ➝ Buy$250.00+17.18%
3/20/2024Truist Financial
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 Reiterated RatingBuy ➝ Buy$280.00+48.64%
3/19/2024Morgan Stanley
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 Initiated CoverageOverweight$250.00+25.48%
2/6/2024KeyCorp
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 Initiated CoverageOverweight$278.00+28.57%
1/19/2024Jefferies Financial Group
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 Initiated CoverageBuy$245.00+26.70%
1/2/2024Stifel Nicolaus
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 Reiterated RatingBuy ➝ Hold$210.00+3.23%
12/13/2023Wells Fargo & Company
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 DowngradeOverweight ➝ Equal Weight$245.00 ➝ $187.00+4.98%
10/17/2023JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$340.00 ➝ $181.00+14.23%
10/16/2023Leerink Partnrs
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M. Kratky
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Reiterated RatingMarket Perform
10/16/2023SVB Leerink
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 Initiated CoverageMarket Perform$159.00+5.92%
9/6/2023UBS Group
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 Lower TargetBuy ➝ Buy$405.00 ➝ $322.00+37.43%
8/2/2023Lake Street Capital
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 Boost TargetBuy ➝ Buy$305.00 ➝ $350.00+22.64%
7/18/2023Robert W. Baird
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 Initiated CoverageOutperform$371.00+15.21%
7/18/2023Piper Sandler
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 Boost Target$340.00 ➝ $360.00+10.51%
7/4/2023Bank of America
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 Boost Target$310.00 ➝ $355.00+11.10%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:45 PM ET.

INSP Price Target - Frequently Asked Questions

What is Inspire Medical Systems's consensus rating and price target?

According to the issued ratings of 13 analysts in the last year, the consensus rating for Inspire Medical Systems stock is Moderate Buy based on the current 4 hold ratings and 9 buy ratings for INSP. The average twelve-month price prediction for Inspire Medical Systems is $271.29 with a high price target of $371.00 and a low price target of $159.00. Learn more on INSP's analyst rating history.

Do Wall Street analysts like Inspire Medical Systems more than its competitors?

Analysts like Inspire Medical Systems more than other Medical companies. The consensus rating score for Inspire Medical Systems is 2.69 while the average consensus rating score for medical companies is 2.68. Learn more on how INSP compares to other companies.

Does Inspire Medical Systems's stock price have much upside?

According to analysts, Inspire Medical Systems's stock has a predicted upside of 23.09% based on their 12-month stock forecasts.

What analysts cover Inspire Medical Systems?

Inspire Medical Systems has been rated by Jefferies Financial Group, KeyCorp, Mizuho, Morgan Stanley, and Truist Financial in the past 90 days.


Stock Ratings Reports and Tools

This page (NYSE:INSP) was last updated on 4/16/2024 by MarketBeat.com Staff

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