NYSE:INSP Inspire Medical Systems - INSP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Inspire Medical Systems, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $245.70 -2.38 (-0.96%) (As of 03/21/2023 01:45 PM ET) Add Compare Share Share Today's Range$245.22▼$251.6550-Day Range$229.06▼$278.0152-Week Range$142.74▼$282.31Volume190,659 shsAverage Volume308,059 shsMarket Capitalization$7.14 billionP/E RatioN/ADividend YieldN/APrice Target$303.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Inspire Medical Systems MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside21.8% Upside$303.00 Price TargetShort InterestHealthy3.55% of Shares Sold ShortDividend StrengthN/ASustainability-0.66Upright™ Environmental ScoreNews Sentiment0.71Based on 3 Articles This WeekInsider TradingSelling Shares$11.10 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.32) to ($0.47) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.29 out of 5 starsMedical Sector272nd out of 988 stocksSurgical & Medical Instruments Industry26th out of 101 stocks 2.4 Analyst's Opinion Consensus RatingInspire Medical Systems has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $303.00, Inspire Medical Systems has a forecasted upside of 21.8% from its current price of $248.75.Amount of Analyst CoverageInspire Medical Systems has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.55% of the outstanding shares of Inspire Medical Systems have been sold short.Short Interest Ratio / Days to CoverInspire Medical Systems has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Inspire Medical Systems has recently decreased by 15.57%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldInspire Medical Systems does not currently pay a dividend.Dividend GrowthInspire Medical Systems does not have a long track record of dividend growth. Previous Next 4.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreInspire Medical Systems has received a 78.27% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is false driven by its "Neurostimulators" and "Medical technology engineering" products. See details.Environmental SustainabilityThe Environmental Impact score for Inspire Medical Systems is -0.66. Previous Next 2.1 News and Social Media Coverage News SentimentInspire Medical Systems has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.34 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Inspire Medical Systems this week, compared to 3 articles on an average week.Search InterestOnly 15 people have searched for INSP on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Inspire Medical Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,099,735.00 in company stock.Percentage Held by InsidersOnly 5.00% of the stock of Inspire Medical Systems is held by insiders.Percentage Held by Institutions97.04% of the stock of Inspire Medical Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Inspire Medical Systems are expected to grow in the coming year, from ($1.32) to ($0.47) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Inspire Medical Systems is -151.68, 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. SectorThe P/E ratio of Inspire Medical Systems is -151.68, 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 RatioInspire Medical Systems has a P/B Ratio of 14.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Inspire Medical Systems (NYSE:INSP) StockInspire Medical Systems, Inc. engages in the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea. It offers inspire therapy, which consists of a remote control and implantable components that includes pressure sensing lead, a neurostimulator, and a stimulation lead. The company was founded by Timothy P. Herbert in November 2007 and is headquartered in Golden Valley, MN.Read More Receive INSP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Inspire Medical Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address INSP Stock News HeadlinesMarch 21, 2023 | finance.yahoo.comInspire Medical Systems, Inc. Announces FDA Approval for Pediatric Patients with Down SyndromeMarch 16, 2023 | finance.yahoo.comInspire Medical Systems (INSP) Outperformed on 2023 Revenue GuidanceMarch 21, 2023 | Press Research (Ad)Stocks For Smart InvestorsThis under-the-radar stock is in the right industry at the perfect time.March 16, 2023 | msn.comNo More CPAP? What to Know About Inspire Sleep Apnea TreatmentMarch 14, 2023 | americanbankingnews.comInspire Medical Systems, Inc. (NYSE:INSP) Receives $303.00 Average Price Target from AnalystsMarch 9, 2023 | finance.yahoo.comInspire Medical Systems, Inc. Announces Countrywide Reimbursement in BelgiumMarch 7, 2023 | finance.yahoo.comInspire Medical Systems, Inc. to Present at the KeyBanc Capital Markets Life Sciences & MedTech Investor ForumMarch 7, 2023 | finance.yahoo.comInspire Medical Systems, Inc. to Present at the KeyBanc Capital Markets Life Sciences & MedTech Investor ForumMarch 21, 2023 | Press Research (Ad)Stocks For Smart InvestorsThis under-the-radar stock is in the right industry at the perfect time.March 1, 2023 | benzinga.comInspire Medical Systems Stock (NYSE:INSP), Quotes and News SummaryFebruary 24, 2023 | finance.yahoo.comDow Jones Dives 450 Points On Hot Inflation Report; Tesla Stock SkidsFebruary 21, 2023 | finance.yahoo.comDow Jones Futures Slide Ahead Of Economic Data; Home Depot, Walmart Tumble On EarningsFebruary 17, 2023 | finance.yahoo.comInspire Medical Systems (INSP) Outperformed in Q4 with a Revenue Growth of 77%February 16, 2023 | finance.yahoo.comDow Jones Falls 400 Points On Hot Inflation Data; Shopify Plunges On EarningsFebruary 15, 2023 | finance.yahoo.comDow Jones Drops 200 Points On Strong Retail Sales; Tesla Reverses Lower Despite Buy RatingFebruary 14, 2023 | finance.yahoo.comDow Jones Falls 200 Points On Hot CPI Inflation Report; 8 Earnings Movers To WatchFebruary 14, 2023 | finance.yahoo.comDow Jones Futures Rise Ahead Of CPI Inflation Report; 8 Earnings Movers To WatchFebruary 10, 2023 | investing.comInspire Medical Systems Inc (INSP)February 10, 2023 | finance.yahoo.comDow Jones Falls After Inflation Survey Data; Lyft Crashes 35% On Earnings MissFebruary 10, 2023 | finance.yahoo.comDow Jones Futures Fall Ahead Of Inflation Survey Data; Lyft Crashes 31% On Earnings MissFebruary 9, 2023 | finance.yahoo.comInspire Medical Systems, Inc. (NYSE:INSP) Q4 2022 Earnings Call TranscriptFebruary 9, 2023 | finance.yahoo.comInspire Medical Systems Full Year 2022 Earnings: EPS Beats ExpectationsFebruary 8, 2023 | finance.yahoo.comHow IBD Stock Of The Day Inspire Medical Systems Won A BreakoutFebruary 7, 2023 | ng.investing.comInspire Medical Systems Tops Q4 EPS by 72cFebruary 7, 2023 | ng.investing.comInspire Medical Systems earnings beat by $0.72, revenue topped estimatesFebruary 7, 2023 | msn.comInspire Medical Systems GAAP EPS of $0.10 beats by $0.68, revenue of $137.9M beats by $0.15MFebruary 7, 2023 | finance.yahoo.comInspire Medical Systems, Inc. Announces Fourth Quarter and Full Year 2022 Financial Results and Provides 2023 GuidanceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive INSP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Inspire Medical Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address INSP Company Calendar Last Earnings2/07/2023Today3/21/2023Next Earnings (Estimated)5/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Surgical & medical instruments Sub-IndustryN/A SectorMedical Current SymbolNYSE:INSP CUSIPN/A CIK1609550 Webwww.inspiresleep.com Phone(844) 672-4357FaxN/AEmployees485Year FoundedN/APrice Target and Rating Average Stock Price Forecast$303.00 High Stock Price Forecast$330.00 Low Stock Price Forecast$270.00 Forecasted Upside/Downside+22.1%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($1.64) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-44,880,000.00 Net Margins-11.00% Pretax Margin-10.85% Return on Equity-12.66% Return on Assets-10.72% Debt Debt-to-Equity RatioN/A Current Ratio8.66 Quick Ratio8.47 Sales & Book Value Annual Sales$407.86 million Price / Sales17.67 Cash FlowN/A Price / Cash FlowN/A Book Value$17.17 per share Price / Book14.45Miscellaneous Outstanding Shares29,050,000Free Float27,596,000Market Cap$7.21 billion OptionableOptionable Beta1.47 Key ExecutivesTimothy P. HerbertPresident, Chief Executive Officer & DirectorPhilip J. EbelingChief Operating OfficerRichard John BuchholzChief Financial OfficerJohn RondoniChief Technology OfficerBryan K. PhillipsSecretary, Chief Compliance Officer & Senior VPKey CompetitorsNovoCureNASDAQ:NVCRStevanato GroupNYSE:STVNShockwave MedicalNASDAQ:SWAVGlobus MedicalNYSE:GMEDIntegra LifeSciencesNASDAQ:IARTView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Sold 189 shares on 3/15/2023Ownership: 0.005%Victory Capital Management Inc.Sold 95,066 shares on 3/10/2023Ownership: 0.651%Rockefeller Capital Management L.P.Bought 140 shares on 3/6/2023Ownership: 0.003%Voya Investment Management LLCBought 78,158 shares on 2/28/2023Ownership: 0.334%NatixisBought 5,800 shares on 2/24/2023Ownership: 0.057%View All Insider TransactionsView All Institutional Transactions INSP Stock - Frequently Asked Questions Should I buy or sell Inspire Medical Systems stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Inspire Medical Systems in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" INSP shares. View INSP analyst ratings or view top-rated stocks. What is Inspire Medical Systems' stock price forecast for 2023? 6 equities research analysts have issued 12-month price targets for Inspire Medical Systems' stock. Their INSP share price forecasts range from $270.00 to $330.00. On average, they predict the company's share price to reach $303.00 in the next year. This suggests a possible upside of 22.1% from the stock's current price. View analysts price targets for INSP or view top-rated stocks among Wall Street analysts. How have INSP shares performed in 2023? Inspire Medical Systems' stock was trading at $251.88 at the start of the year. Since then, INSP stock has decreased by 1.5% and is now trading at $248.08. View the best growth stocks for 2023 here. Are investors shorting Inspire Medical Systems? Inspire Medical Systems saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 1,030,000 shares, a decline of 15.6% from the February 13th total of 1,220,000 shares. Based on an average daily volume of 293,100 shares, the short-interest ratio is currently 3.5 days. View Inspire Medical Systems' Short Interest. When is Inspire Medical Systems' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. View our INSP earnings forecast. How were Inspire Medical Systems' earnings last quarter? Inspire Medical Systems, Inc. (NYSE:INSP) issued its earnings results on Tuesday, February, 7th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.54) by $0.64. The business had revenue of $137.90 million for the quarter, compared to the consensus estimate of $137.75 million. Inspire Medical Systems had a negative net margin of 11.00% and a negative trailing twelve-month return on equity of 12.66%. Inspire Medical Systems's revenue was up 75.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.09) EPS. What ETFs hold Inspire Medical Systems' stock? ETFs with the largest weight of Inspire Medical Systems (NYSE:INSP) stock in their portfolio include Innovator IBD 50 ETF (FFTY), Fidelity Digital Health ETF (FDHT), First Trust Nasdaq Lux Digital Health Solutions ETF (EKG), Principal Healthcare Innovators ETF (BTEC), Harbor Health Care ETF (MEDI), Global X Founder-Run Companies ETF (BOSS), Franklin Intelligent Machines ETF (IQM) and SPDR S&P Health Care Equipment ETF (XHE). What guidance has Inspire Medical Systems issued on next quarter's earnings? Inspire Medical Systems issued an update on its FY 2023 earnings guidance on Tuesday, February, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $560.00 million-$570.00 million, compared to the consensus revenue estimate of $541.57 million. What is Tim Herbert's approval rating as Inspire Medical Systems' CEO? 2 employees have rated Inspire Medical Systems Chief Executive Officer Tim Herbert on Glassdoor.com. Tim Herbert has an approval rating of 100% among the company's employees. This puts Tim Herbert in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Inspire Medical Systems own? Based on aggregate information from My MarketBeat watchlists, some companies that other Inspire Medical Systems investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Cisco Systems (CSCO), Bank of America (BAC), DocuSign (DOCU), Pfizer (PFE), Block (SQ), Zynga (ZNGA), CrowdStrike (CRWD) and Johnson & Johnson (JNJ). When did Inspire Medical Systems IPO? (INSP) raised $75 million in an initial public offering on Thursday, May 3rd 2018. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. BofA Merrill Lynch and Goldman Sachs acted as the underwriters for the IPO and Guggenheim Securities, Stifel and Wells Fargo Securities were co-managers. What is Inspire Medical Systems' stock symbol? Inspire Medical Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "INSP." Who are Inspire Medical Systems' major shareholders? Inspire Medical Systems' stock is owned by a number of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (3.72%), Macquarie Group Ltd. (3.65%), William Blair Investment Management LLC (2.88%), Gilder Gagnon Howe & Co. LLC (1.86%), Fred Alger Management LLC (1.77%) and Geode Capital Management LLC (1.75%). Insiders that own company stock include Casey M Tansey, Chau Quang Khuong, Georgia Melenikiotou, Jerry C Griffin, John Rondoni, Marilyn C Nelson, Orbimed Advisors Llc, Philip Ebeling, Randy Ban, Richard Buchholz, Steven Jandrich, Timothy P Herbert and Timothy P Herbert. View institutional ownership trends. How do I buy shares of Inspire Medical Systems? Shares of INSP 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. Compare Top Brokerages Here. What is Inspire Medical Systems' stock price today? One share of INSP stock can currently be purchased for approximately $248.08. How much money does Inspire Medical Systems make? Inspire Medical Systems (NYSE:INSP) has a market capitalization of $7.21 billion and generates $407.86 million in revenue each year. The company earns $-44,880,000.00 in net income (profit) each year or ($1.64) on an earnings per share basis. How many employees does Inspire Medical Systems have? The company employs 485 workers across the globe. How can I contact Inspire Medical Systems? Inspire Medical Systems' mailing address is 5500 WAYZATA BLVD SUITE 1600, GOLDEN VALLEY MN, 55416. The official website for the company is www.inspiresleep.com. The company can be reached via phone at (844) 672-4357 or via email at inspire@lifesciadvisors.com. This page (NYSE:INSP) was last updated on 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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