Top-Rated StocksTop-RatedNYSE:INSP Inspire Medical Systems (INSP) Stock Forecast, Price & News $192.75 +5.38 (+2.87%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$186.04▼$193.1450-Day Range$185.07▼$320.8452-Week Range$159.62▼$330.00Volume794,224 shsAverage Volume423,100 shsMarket Capitalization$5.66 billionP/E RatioN/ADividend YieldN/APrice Target$345.08 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Inspire Medical Systems MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside79.0% Upside$345.08 Price TargetShort InterestHealthy4.02% of Shares Sold ShortDividend StrengthN/ASustainability-0.66Upright™ Environmental ScoreNews Sentiment1.03Based on 8 Articles This WeekInsider TradingSelling Shares$822,494 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.76) to ($0.45) 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.2.84 out of 5 starsMedical Sector60th out of 976 stocksSurgical & Medical Instruments Industry11th out of 98 stocks 4.5 Analyst's Opinion Consensus RatingInspire Medical Systems has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 11 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $345.08, Inspire Medical Systems has a forecasted upside of 79.0% from its current price of $192.75.Amount of Analyst CoverageInspire Medical Systems has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.02% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Inspire Medical Systems has recently increased by 14.56%, indicating that investor sentiment is decreasing 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 3.4 News and Social Media Coverage News SentimentInspire Medical Systems has a news sentiment score of 1.03. 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 0.77 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Inspire Medical Systems this week, compared to 5 articles on an average week.Search Interest13 people have searched for INSP on MarketBeat in the last 30 days. This is an increase of 86% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Inspire Medical Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -56% 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 $822,494.00 in company stock.Percentage Held by InsidersOnly 4.50% of the stock of Inspire Medical Systems is held by insiders.Percentage Held by Institutions94.91% 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 ($1.76) to ($0.45) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Inspire Medical Systems is -133.85, 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 -133.85, 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 11.23. 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., 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, a 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.Read More INSP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INSP Stock News HeadlinesSeptember 27, 2023 | americanbankingnews.comInspire Medical Systems, Inc. (NYSE:INSP) Receives Consensus Recommendation of "Buy" from AnalystsSeptember 26, 2023 | benzinga.comInspire Medical Systems Board Member Acquires 2,000 Shares After Exercising Company Stock OptionsSeptember 28, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 26, 2023 | finance.yahoo.comHere's Why You Should Retain Inspire Medical (INSP) Stock NowSeptember 26, 2023 | finance.yahoo.comInspire Medical Systems, Inc. Announces Events at International Surgical Sleep Society and American Academy of Otolaryngology – Head and Neck Surgery MeetingsSeptember 22, 2023 | finance.yahoo.comInspire Medical Systems (INSP) Reported Better-Than-Expected Results in Q2September 20, 2023 | finance.yahoo.comUnlocking the True Worth of Inspire Medical Systems (INSP): A Comprehensive GuideSeptember 8, 2023 | msn.comHOMETOWN HERO: Jeffrey Phillips is helping people get a better nights restSeptember 28, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.September 7, 2023 | msn.comHSHS phone systems are back in service over 1 week after outageSeptember 6, 2023 | finance.yahoo.comDo You Think Inspire Medical Systems (INSP) Offers Compelling Opportunity in the Industry?August 30, 2023 | finance.yahoo.comWhen Can We Expect A Profit From Inspire Medical Systems, Inc. (NYSE:INSP)?August 25, 2023 | markets.businessinsider.comInspireSemi Announces Final Closing of Non-Brokered Private PlacementAugust 23, 2023 | finance.yahoo.comInspire Medical Systems, Inc. to Present at the Wells Fargo 2023 Healthcare ConferenceAugust 16, 2023 | msn.comInspire Medical Systems: Excellent Execution And Reset ValuationAugust 10, 2023 | msn.comUnusual Put Option Trade in Inspire Medical Systems (INSP) Worth $2,332.80KAugust 10, 2023 | finance.yahoo.comIs Inspire Medical Systems, Inc. (NYSE:INSP) Potentially Undervalued?August 3, 2023 | msn.comWells Fargo Maintains Inspire Medical Systems (INSP) Overweight RecommendationAugust 2, 2023 | markets.businessinsider.comInspire Medical Systems (INSP) Gets a Buy from Bank of America SecuritiesAugust 2, 2023 | msn.comInspire Medical (INSP) Q2 Earnings & Revenues Top EstimatesAugust 2, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for Inspire Medical SystemsAugust 2, 2023 | msn.comInspire Medical Systems (INSP) Price Target Increased by 5.72% to 358.02August 2, 2023 | finance.yahoo.comCompared to Estimates, Inspire (INSP) Q2 Earnings: A Look at Key MetricsAugust 1, 2023 | msn.comInspire Medical Systems GAAP EPS of -$0.41 beats by $0.17, revenue of $151.1M beats by $14.61MAugust 1, 2023 | finance.yahoo.comInspire Medical Systems, Inc. Announces Second Quarter 2023 Financial Results and Updates 2023 OutlookJuly 31, 2023 | markets.businessinsider.comInspire Medical Systems earnings: here's what Wall Street expectsJuly 31, 2023 | finance.yahoo.comInspire Medical Systems, Inc. Announces the Addition of Charisse Y. Sparks, M.D. as Chief Medical OfficerSee 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. Email Address INSP Company Calendar Last Earnings8/01/2023Today9/28/2023Next Earnings (Estimated)11/07/2023Fiscal 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/AEmployees755Year FoundedN/APrice Target and Rating Average Stock Price Forecast$345.08 High Stock Price Forecast$380.00 Low Stock Price Forecast$308.00 Forecasted Upside/Downside+79.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)($1.44) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-44,880,000.00 Net Margins-7.81% Pretax Margin-7.66% Return on Equity-8.21% Return on Assets-7.20% Debt Debt-to-Equity RatioN/A Current Ratio8.40 Quick Ratio8.09 Sales & Book Value Annual Sales$407.86 million Price / Sales13.87 Cash FlowN/A Price / Cash FlowN/A Book Value$17.17 per share Price / Book11.23Miscellaneous Outstanding Shares29,340,000Free Float28,016,000Market Cap$5.66 billion OptionableOptionable Beta1.40 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Timothy P. Herbert (Age 60)CEO, Pres & Director Comp: $1.35MMr. Richard J. Buchholz (Age 55)Chief Financial Officer Comp: $683.2kMr. Philip J. Ebeling (Age 52)Chief Operating Officer Comp: $696.13kMr. John C. Rondoni (Age 43)Chief Technology Officer Comp: $576.72kMr. Randall A. Ban (Age 58)Chief Commercial Officer Comp: $759.23kDr. Charisse Y. Sparks FAAOS (Age 60)M.D., Chief Medical Officer Comp: $21.88kMs. Ezgi YagciVP of Investor RelationsMr. Bryan K. Phillips (Age 52)Sr. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec. Mr. Martin A. AbramsVP of Marketing & Customer ExperienceMr. Steven L. Jandrich (Age 56)VP of HR More ExecutivesKey CompetitorsGlobus MedicalNYSE:GMEDHaemoneticsNYSE:HAEMerit Medical SystemsNASDAQ:MMSIShockwave MedicalNASDAQ:SWAVInari MedicalNASDAQ:NARIView All CompetitorsInsiders & InstitutionsWolverine Trading LLCBought 2,300 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 4,700 shares on 8/22/2023Ownership: 0.016%California State Teachers Retirement SystemSold 741 shares on 8/21/2023Ownership: 0.120%Osaic Holdings Inc.Bought 5,935 shares on 8/21/2023Ownership: 0.066%BOKF NASold 248 shares on 8/21/2023Ownership: 0.032%View All Insider TransactionsView All Institutional Transactions INSP Stock - Frequently Asked Questions Should I buy or sell Inspire Medical Systems stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Inspire Medical Systems in the last twelve months. There are currently 11 buy ratings for the stock. The consensus among Wall Street equities 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? 11 brokerages have issued 12 month price objectives for Inspire Medical Systems' stock. Their INSP share price forecasts range from $308.00 to $380.00. On average, they predict the company's stock price to reach $345.08 in the next twelve months. This suggests a possible upside of 79.0% 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 on January 1st, 2023. Since then, INSP shares have decreased by 23.5% and is now trading at $192.75. View the best growth stocks for 2023 here. Are investors shorting Inspire Medical Systems? Inspire Medical Systems saw a increase in short interest in September. As of September 15th, there was short interest totaling 1,180,000 shares, an increase of 14.6% from the August 31st total of 1,030,000 shares. Based on an average daily volume of 512,100 shares, the short-interest ratio is presently 2.3 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, November 7th 2023. View our INSP earnings forecast. How were Inspire Medical Systems' earnings last quarter? Inspire Medical Systems, Inc. (NYSE:INSP) posted its quarterly earnings results on Tuesday, August, 1st. The company reported ($0.41) EPS for the quarter, beating the consensus estimate of ($0.51) by $0.10. The firm had revenue of $151.09 million for the quarter, compared to the consensus estimate of $136.47 million. Inspire Medical Systems had a negative trailing twelve-month return on equity of 8.21% and a negative net margin of 7.81%. The firm's revenue was up 65.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.53) EPS. What ETFs hold Inspire Medical Systems' stock? ETFs with the largest weight of Inspire Medical Systems (NYSE:INSP) stock in their portfolio include Harbor Health Care ETF (MEDI), First Trust Nasdaq Lux Digital Health Solutions ETF (EKG), Fidelity Digital Health ETF (FDHT), Invesco Dorsey Wright Healthcare Momentum ETF (PTH), BNY Mellon Innovators ETF (BKIV), Principal Healthcare Innovators ETF (BTEC), Franklin Intelligent Machines ETF (IQM) and WisdomTree U.S. Growth & Momentum Fund (WGRO). What guidance has Inspire Medical Systems issued on next quarter's earnings? Inspire Medical Systems updated its FY 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $600.00 million-$610.00 million, compared to the consensus revenue estimate of $589.63 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 IPO 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 served 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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.19%), Franklin Resources Inc. (3.56%), William Blair Investment Management LLC (2.85%), Champlain Investment Partners LLC (1.93%), State Street Corp (1.75%) and Wasatch Advisors LP (1.69%). Insiders that own company stock include Georgia Melenikiotou, Jerry C Griffin, John Rondoni, Marilyn C Nelson, Philip Ebeling, Randy Ban, Richard Buchholz, Steven Jandrich 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 $192.75. How much money does Inspire Medical Systems make? Inspire Medical Systems (NYSE:INSP) has a market capitalization of $5.66 billion and generates $407.86 million in revenue each year. The company earns $-44,880,000.00 in net income (profit) each year or ($1.44) on an earnings per share basis. How many employees does Inspire Medical Systems have? The company employs 755 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 9/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. 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