InMode - INMD Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for InMode in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" INMD shares.
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5 brokers have issued twelve-month price objectives for InMode's stock. Their INMD share price forecasts range from $40.00 to $85.00. On average, they anticipate the company's share price to reach $55.60 in the next twelve months. This suggests a possible upside of 50.4% from the stock's current price.
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InMode's stock was trading at $70.58 at the beginning of 2022. Since then, INMD shares have decreased by 47.6% and is now trading at $36.98.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
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InMode Ltd. (NASDAQ:INMD) issued its quarterly earnings results on Thursday, July, 28th. The healthcare company reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.08. The healthcare company earned $113.55 million during the quarter, compared to analyst estimates of $103 million. InMode had a net margin of 42.66% and a trailing twelve-month return on equity of 41.50%. The business's quarterly revenue was up 30.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.02 earnings per share.

InMode shares split before market open on Thursday, September 30th 2021. The 2-1 split was announced on Friday, September 17th 2021. The newly issued shares were issued to shareholders after the closing bell on Monday, September 27th 2021. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

InMode updated its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share (EPS) guidance of $2.11-$2.16 for the period, compared to the consensus earnings per share estimate of $2.08. The company issued revenue guidance of $425.00 million-$435.00 million, compared to the consensus revenue estimate of $425.36 million.

1 employees have rated InMode Chief Executive Officer Moshe Mizrahy on Glassdoor.com. Moshe Mizrahy has an approval rating of 100% among the company's employees. This puts Moshe Mizrahy in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other InMode investors own include NVIDIA (NVDA), Alibaba Group (BABA), Salesforce (CRM), Micron Technology (MU), AbbVie (ABBV), Advanced Micro Devices (AMD), Block (SQ), Tesla (TSLA), DocuSign (DOCU) and PayPal (PYPL).

(INMD) raised $75 million in an initial public offering (IPO) on Thursday, August 8th 2019. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. ​Barclays, UBS Investment Bank and Canaccord Genuity acted as the underwriters for the IPO and Baird was co-manager.

InMode trades on the NASDAQ under the ticker symbol "INMD."

InMode's stock is owned by a variety of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (3.72%), William Blair Investment Management LLC (2.27%), Noked Israel Ltd (1.87%), Meitav Dash Investments Ltd. (1.72%), Harel Insurance Investments & Financial Services Ltd. (0.80%) and Ibex Investors LLC (0.78%).

Shares of INMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of INMD stock can currently be purchased for approximately $36.98.

InMode (NASDAQ:INMD) has a market capitalization of $3.08 billion and generates $357.57 million in revenue each year. The healthcare company earns $164.97 million in net income (profit) each year or $2.01 on an earnings per share basis.

The company employs 362 workers across the globe.

InMode was founded in 2008.

InMode's mailing address is TAVOR BUILDING SHAAR YOKNEAM POB 533, YOKNEAM L3, 2069200. The official website for the company is www.inmodemd.com. The healthcare company can be reached via phone at 972-4909-7470 or via email at ir@inmodemd.com.