InMode Ltd. (INMD)

NASDAQ: INMD · Real-Time Price · USD
18.24
+0.53 (2.99%)
At close: Nov 20, 2024, 4:00 PM
18.23
-0.01 (-0.05%)
After-hours: Nov 20, 2024, 4:22 PM EST
2.99%
Market Cap 1.54B
Revenue (ttm) 423.75M
Net Income (ttm) 153.67M
Shares Out 84.62M
EPS (ttm) 1.84
PE Ratio 9.93
Forward PE 8.65
Dividend n/a
Ex-Dividend Date n/a
Volume 1,438,696
Open 17.53
Previous Close 17.71
Day's Range 17.46 - 18.30
52-Week Range 14.87 - 26.80
Beta 2.15
Analysts Buy
Price Target 22.60 (+23.9%)
Earnings Date Oct 30, 2024

About INMD

InMode Ltd. designs, develops, manufactures, and markets minimally invasive aesthetic medical products based on its proprietary radiofrequency assisted lipolysis and deep subdermal fractional radiofrequency technologies in the United States and internationally. The company offers minimally invasive aesthetic medical products for various procedures, such as liposuction with simultaneous skin tightening, body and face contouring, and ablative skin rejuvenation treatments, as well as for use in women’s health conditions and procedures. It also des... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Aug 8, 2019
Employees 581
Stock Exchange NASDAQ
Ticker Symbol INMD
Full Company Profile

Financial Performance

In 2023, InMode's revenue was $492.05 million, an increase of 8.32% compared to the previous year's $454.27 million. Earnings were $197.92 million, an increase of 22.54%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for INMD stock is "Buy." The 12-month stock price forecast is $22.6, which is an increase of 23.90% from the latest price.

Price Target
$22.6
(23.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

InMode to Present at Upcoming Investor Conferences

YOKNEAM, Israel , Nov. 6, 2024 /PRNewswire/ -- InMode Ltd. (Nasdaq: INMD), a leading global provider of innovative medical technologies, today announced the participation at the following investor con...

14 days ago - PRNewsWire

InMode: $25/Share Is Closer Than You Think

Elevated interest rates continue to hurt InMode's revenue, especially as lease package interest rates haven't fallen yet. Still, future rate cuts could release pent-up demand. InMode continues to buy ...

15 days ago - Seeking Alpha

InMode: A Deep Dive After Q3 Earnings

InMode's products are part of the medical aesthetics industry that is expected to grow at an 11% CAGR over the next five years. Despite a punishing macro environment of late that has seen its share pr...

20 days ago - Seeking Alpha

InMode Ltd. (INMD) Q3 2024 Earnings Call Transcript

InMode Ltd. (NASDAQ:INMD) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Miri Segal - CEO, MS-IR Moshe Mizrahy - Chief Executive Officer Michael Kreindel - Chief Te...

21 days ago - Seeking Alpha

InMode Reports Third Quarter 2024 Financial Results; Quarterly GAAP Revenue of $130.2 Million (which consists of $98.3 million of net sales in Q3 and $31.9 million of pre-orders from the first half of 2024)

YOKNEAM, Israel, Oct. 30, 2024 /PRNewswire/ -- InMode Ltd. (Nasdaq: INMD) ("InMode"), a leading global provider of innovative medical technologies, today announced its consolidated financial results f...

21 days ago - PRNewsWire

InMode to Report Third Quarter 2024 Financial Results and Hold Conference Call on October 30, 2024

Expects Q3 Revenue Between $130.0 Million -$130.1 Million (including $31.9 Million in Revenue from First Half of 2024 Pre-orders), Decreases Full Year 2024 Guidance to $410 Million-$420 Million Confer...

5 weeks ago - PRNewsWire

Stock Picks From Seeking Alpha's September 2024 New Analysts

In September, thirty new analysts joined Seeking Alpha, offering diverse stock picks and insights, from Strong Buy to Strong Sell ratings. Highlighted picks include InMode Ltd., Intel Corporation, and...

Other symbols: AMECCLCRWDCUKDVNEGOEMR
6 weeks ago - Seeking Alpha

InMode Announces Departures of President of North America, Chief Medical Officer and VP of Sales USA as Part of a Global Reorganization Strategy

YOKNEAM, Israel , Oct. 1, 2024 /PRNewswire/ -- InMode Ltd. (Nasdaq: INMD), a leading global provider of innovative medical technologies today announced the departure of Shakil Lakhani, President of No...

7 weeks ago - PRNewsWire

InMode Offers High Risk-Reward Opportunity Amid New Products And Rate Cuts (Rating Upgrade)

InMode's Q2 2024 revenue dropped by 36.5% year-over-year to $86.4 million, underlining macroeconomic challenges. The company revised its full-year 2024 revenue guidance to $430-$440 million due to slo...

2 months ago - Seeking Alpha

InMode Announces Share Repurchase Program of Up to 7.68 Million Shares

YOKNEAM, Israel , Sept. 10, 2024 /PRNewswire/ -- InMode Ltd.

2 months ago - PRNewsWire

InMode Stock: An Inverse Bubble Caused By Short-Term Trouble

InMode stock has significant upside potential due to its low valuation, profitability, share buybacks, and potential benefits from expected interest rate cuts. INMD's business model involves selling h...

2 months ago - Seeking Alpha

InMode to Present at 2024 Baird Global Healthcare Conference

YOKNEAM, Israel , Sept. 4, 2024 /PRNewswire/ -- InMode Ltd.

2 months ago - PRNewsWire

InMode Ltd. (INMD) Q2 2024 Earnings Call Transcript

Start Time: 08:30 January 1, 0000 9:07 AM ET InMode Ltd. (NASDAQ:INMD) Q2 2024 Earnings Conference Call August 01, 2024, 08:30 AM ET Company Participants Moshe Mizrahy - CEO Michael Kreindel - Co-Fou...

3 months ago - Seeking Alpha

InMode Reports Second Quarter 2024 Financial Results; Quarterly Revenue of $86.4M Represents 36.5% Year-Over-Year Decrease; Pro Forma Revenue (including new platform pre-orders not yet delivered) of $102.6M

YOKNEAM, Israel, Aug. 1, 2024 /PRNewswire/ -- InMode Ltd. (Nasdaq: INMD) ("InMode"), a leading global provider of innovative medical technologies, today announced its consolidated financial results fo...

3 months ago - PRNewsWire

InMode Introduces IgniteRF The Complete Minimally Invasive Soft Tissue Contraction Platform

IRVINE, Calif. , July 31, 2024 /PRNewswire/ -- InMode Ltd.

4 months ago - PRNewsWire

DOMA Perpetual Sends Letter to the Board of Directors of InMode Urging the Execution of a 40% Tender Offer

Believes InMode's Cash Balance of Roughly 55% of its Market Cap is Grossly Inefficient Asserts the Current Valuation Offers an Unprecedented Opportunity to Create Shareholder Return MIAMI , July 25, 2...

4 months ago - PRNewsWire

Morpheus8 Secures First and Only FDA Clearance for Soft Tissue Contraction for Fractional Radiofrequency Microneedling

IRVINE, Calif. , July 17, 2024 /PRNewswire/ -- InMode Ltd.

4 months ago - PRNewsWire

InMode to Report Second Quarter 2024 Financial Results and Hold Conference Call on Aug. 1, 2024

Expects Q2 Revenue Between $86.2M-$86.3M, Pro-Forma Revenue (including new platform pre-orders) Between $102.4M-$102.5M, Decreases FY 2024 Guidance  to $430M-$440M Conference call to be held on Thursd...

4 months ago - PRNewsWire

InMode: Reversing Previous Shareholder Dilution With Buybacks

Shareholders of InMode Ltd. have seen a 46% decline in value due to slowing sales and capital allocation uncertainties. Sales growth has been impacted by rising interest rates affecting leasing deals,...

5 months ago - Seeking Alpha

InMode to Present at Jefferies Healthcare Conference

YOKNEAM, Israel , May 16, 2024 /PRNewswire/ -- InMode Ltd. (Nasdaq: INMD), a leading global provider of innovative medical technologies, today announced that Yair Malca, Chief Financial Officer and Sp...

6 months ago - PRNewsWire

InMode Announces P1 Offshore Racing Partnership with Female Driver Victoria Rand

IRVINE, Calif. , May 8, 2024 /PRNewswire/ -- InMode Ltd.

7 months ago - PRNewsWire

InMode Reports First Quarter 2024 Financial Results; Quarterly Revenue of $80.3M Represents 24% Year-Over-Year Decrease; Pro Forma Revenue (including new platform pre-orders not yet available) of $96M;

Company Announces Share Repurchase Program of Up to 8.37 Million Shares; and Appoints New Chairman of the Board of Directors YOKNEAM, Israel, May 2, 2024 /PRNewswire/ -- InMode Ltd. (Nasdaq: INMD) ("I...

7 months ago - PRNewsWire

IMPORTANT DEADLINE TODAY: The Schall Law Firm Encourages Investors in InMode Ltd. with Losses of $500,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against InMode Ltd. ("InMode" or "the Co...

7 months ago - Accesswire

InMode Responds To BTL Petition for Inter Partes Review Of Patent InMode Is Asserting Against BTL

YOKNEAM, Israel , April 15, 2024 /PRNewswire/ -- InMode Ltd. (Nasdaq: INMD), a leading global provider of innovative medical technologies, responded to the recent petition to the U.S. Patent & Tradema...

7 months ago - PRNewsWire