Free Trial

Inspire Medical Systems (INSP) Stock Price, News & Analysis

$125.79
-9.26 (-6.86%)
(As of 07/26/2024 ET)
Today's Range
$123.00
$134.05
50-Day Range
$125.79
$167.71
52-Week Range
$123.00
$293.63
Volume
956,506 shs
Average Volume
582,367 shs
Market Capitalization
$3.74 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$235.29

Inspire Medical Systems MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
87.0% Upside
$235.29 Price Target
Short Interest
Healthy
4.85% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.66
Upright™ Environmental Score
News Sentiment
0.94mentions of Inspire Medical Systems in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
456.25%
From $0.16 to $0.89 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.97 out of 5 stars

Medical Sector

9th out of 936 stocks

Surgical & Medical Instruments Industry

5th out of 101 stocks

INSP stock logo

About Inspire Medical Systems Stock (NYSE:INSP)

Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally. The company offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe OSA. It also develops a novel, closed-loop solution that continuously monitors a patient's breathing and delivers mild hypoglossal nerve stimulation to maintain an open airway. The company was incorporated in 2007 and is headquartered in Golden Valley, Minnesota.

INSP Stock Price History

INSP Stock News Headlines

Eli Lilly logo on smartphone screen with stock market background
Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market (INSP)
Global pharmaceutical giant Eli Lilly & Co. (NYSE: LLY) has made headlines with its leading GLP-1 weight loss drugs, Mounjaro and Zepbound.
5 Stocks that could triple in a week
Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942%, and 12,592% in 2020. Now their next one could be here.
5 Stocks that could triple in a week
Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942%, and 12,592% in 2020. Now their next one could be here.
Inspire Medical Systems: A Post Q1 Assessment
See More Headlines
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.

Company Calendar

Last Earnings
5/07/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Fax
N/A
Employees
1,011
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$235.29
High Stock Price Target
$350.00
Low Stock Price Target
$159.00
Potential Upside/Downside
+87.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
15 Analysts

Profitability

Net Income
$-21,150,000.00
Pretax Margin
-2.13%

Debt

Sales & Book Value

Annual Sales
$624.80 million
Book Value
$19.39 per share

Miscellaneous

Free Float
28,493,000
Market Cap
$3.74 billion
Optionable
Optionable
Beta
1.31
7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report

INSP Stock Analysis - Frequently Asked Questions

How have INSP shares performed this year?

Inspire Medical Systems' stock was trading at $203.43 at the beginning of 2024. Since then, INSP shares have decreased by 38.2% and is now trading at $125.79.
View the best growth stocks for 2024 here
.

How were Inspire Medical Systems' earnings last quarter?

Inspire Medical Systems, Inc. (NYSE:INSP) issued its quarterly earnings data on Tuesday, May, 7th. The company reported ($0.34) EPS for the quarter, beating the consensus estimate of ($0.63) by $0.29. Inspire Medical Systems's quarterly revenue was up 28.2% compared to the same quarter last year.

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.

When did Inspire Medical Systems IPO?

Inspire Medical Systems (INSP) raised $75 million in an initial public offering on Thursday, May 3rd 2018. The company issued 5,000,000 shares at $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.

Who are Inspire Medical Systems' major shareholders?

Top institutional investors of Inspire Medical Systems include Baillie Gifford & Co. (4.80%), Bank of New York Mellon Corp (2.65%), Stanley Laman Group Ltd. (0.15%) and Oak Ridge Investments LLC (0.10%). Insiders that own company stock include Timothy P Herbert, Marilyn C Nelson, Richard Buchholz, John Rondoni, Jerry C Griffin, Steven Jandrich, Randy Ban, Georgia Melenikiotou and Philip Ebeling.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Inspire Medical Systems own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Inspire Medical Systems investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Cisco Systems (CSCO), Bank of America (BAC), DocuSign (DOCU), Pfizer (PFE) and Block (SQ).

This page (NYSE:INSP) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners