Insmed Incorporated (INSM)

NASDAQ: INSM · IEX Real-Time Price · USD
25.08
-0.73 (-2.85%)
Apr 25, 2024, 12:51 PM EDT - Market open
-2.85%
Market Cap 3.73B
Revenue (ttm) 305.21M
Net Income (ttm) -749.57M
Shares Out 148.49M
EPS (ttm) -5.34
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 515,717
Open 25.44
Previous Close 25.81
Day's Range 24.81 - 25.44
52-Week Range 18.09 - 32.00
Beta 0.92
Analysts Strong Buy
Price Target 45.58 (+81.78%)
Earnings Date May 2, 2024

About INSM

Insmed Incorporated, a biopharmaceutical company, develops and commercializes therapies for patients with serious and rare diseases in the United States, Europe, Japan, and internationally. The company offers ARIKAYCE for the treatment of Mycobacterium avium complex lung disease as part of a combination antibacterial drug regimen for adult patients. It is also developing Brensocatib, an oral reversible inhibitor of dipeptidyl peptidase 1 for the treatment of patients with bronchiectasis and other neutrophil-mediated diseases; and Treprostinil P... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jun 1, 2000
Employees 912
Stock Exchange NASDAQ
Ticker Symbol INSM
Full Company Profile

Financial Performance

In 2023, Insmed's revenue was $305.21 million, an increase of 24.39% compared to the previous year's $245.36 million. Losses were -$749.57 million, 55.7% more than in 2022.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for INSM stock is "Strong Buy." The 12-month stock price forecast is $45.58, which is an increase of 81.78% from the latest price.

Price Target
$45.58
(81.78% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Insmed to Host First-Quarter 2024 Financial Results Conference Call on Thursday, May 9, 2024

BRIDGEWATER, N.J. , April 25, 2024 /PRNewswire/ -- Insmed Incorporated (Nasdaq:INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases,...

5 hours ago - PRNewsWire

Insmed Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

BRIDGEWATER, N.J. , April 5, 2024 /PRNewswire/ -- Insmed Incorporated (Nasdaq: INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases,...

20 days ago - PRNewsWire

Insmed to Present New Data from Across its Respiratory Portfolio at the American Thoracic Society 2024 International Conference

—Additional Data from ARISE Study Evaluating the Impact of ARIKAYCE on Microbiologic Outcomes in Patients with Newly Diagnosed or Recurrent MAC Lung Disease to be Presented as Late-Breaker— —Data to b...

4 weeks ago - PRNewsWire

Insmed To Present at Three March Conferences

BRIDGEWATER, N.J. , Feb. 29, 2024 /PRNewswire/ -- Insmed Incorporated (Nasdaq:INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases, ...

2 months ago - PRNewsWire

Actress Jane Seymour and Insmed Raise Awareness of "Unseenism" and Empower People to Speak Up When It Comes to Their Health

— New survey reveals the prevalence of "Unseenism," which can be described as a social phenomenon where gender and age biases can leave some patients feeling overlooked or unheard, in healthcare — — 5...

2 months ago - PRNewsWire

Insmed Reports Fourth-Quarter and Full-Year 2023 Financial Results and Provides Business Update

—Topline Data from the Phase 3 ASPEN Trial of Brensocatib in Adult Patients with Bronchiectasis Remain on Track to Read Out in the Latter Part of Second-Quarter 2024— —Enrollment in the Phase 2 Study ...

2 months ago - PRNewsWire

Insmed to Host Fourth-Quarter and Full Year 2023 Financial Results Conference Call on Thursday, February 22, 2024

BRIDGEWATER, N.J. , Feb. 8, 2024 /PRNewswire/ -- Insmed Incorporated (Nasdaq:INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases, t...

2 months ago - PRNewsWire

Insmed Provides Business Update at 42nd Annual J.P. Morgan Healthcare Conference

—ARIKAYCE® (amikacin liposome inhalation suspension) Delivers Full-Year 2023 Revenues Exceeding the Upper End of Guidance Range with Unaudited Global Net Product Sales of Approximately $305.2 Million—...

3 months ago - PRNewsWire

Insmed To Present at the 42nd Annual J.P. Morgan Healthcare Conference

BRIDGEWATER, N.J. , Jan. 2, 2024 /PRNewswire/ -- Insmed Incorporated (Nasdaq: INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases, ...

4 months ago - PRNewsWire

Insmed To Present at the Nasdaq 49th Investor Conference

BRIDGEWATER, N.J. , Nov. 29, 2023 /PRNewswire/ -- Insmed Incorporated (Nasdaq: INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases,...

5 months ago - PRNewsWire

Insmed To Present at Two November Conferences

BRIDGEWATER, N.J. , Nov. 8, 2023 /PRNewswire/ -- Insmed Incorporated (Nasdaq:INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases, t...

6 months ago - PRNewsWire

Insmed Holds Second Annual Global Day of Good to Benefit Communities Across the Globe

— Company-wide day of service brings more than 700 employees together to volunteer in 25 locations throughout the U.S., Europe, and Japan — BRIDGEWATER, N.J. , Nov. 2, 2023 /PRNewswire/ -- Insmed Inco...

6 months ago - PRNewsWire

Insmed Ranks No. 1 on Science's 2023 Top Biopharma Employers List

-- Insmed Leads Science Top Employers List for Third Consecutive Year -- BRIDGEWATER, N.J. , Oct. 26, 2023 /PRNewswire/ -- Insmed Incorporated (Nasdaq: INSM), a global biopharmaceutical company on a m...

6 months ago - PRNewsWire

Insmed Reports Third-Quarter 2023 Financial Results and Provides Business Update

—ARIKAYCE® (amikacin liposome inhalation suspension) Total Revenue of $79.1 Million for the Third Quarter of 2023 Reflects Highest Quarter of Sales Since Launch and 17% Growth Compared to the Third Qu...

6 months ago - PRNewsWire

Insmed and Google Cloud Collaborate to Transform the Lives of Patients by Harnessing the Power of AI

BRIDGEWATER, N.J. , Oct. 24, 2023 /PRNewswire/ -- Insmed Incorporated (Nasdaq: INSM), a global biopharmaceutical company, today announced a collaboration with Google Cloud to transform the drug discov...

6 months ago - PRNewsWire

Insmed to Host Third-Quarter 2023 Financial Results Conference Call on Thursday, October 26, 2023

BRIDGEWATER, N.J. , Oct. 12, 2023 /PRNewswire/ -- Insmed Incorporated (Nasdaq:INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases, ...

7 months ago - PRNewsWire

Insmed To Present at Chardan's 7th Annual Genetic Medicines Conference

BRIDGEWATER, N.J. , Sept. 26, 2023 /PRNewswire/ -- Insmed Incorporated (Nasdaq: INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases...

7 months ago - PRNewsWire

Insmed To Present at the Morgan Stanley 21st Annual Global Healthcare Conference

BRIDGEWATER, N.J. , Sept. 6, 2023 /PRNewswire/ -- Insmed Incorporated (Nasdaq:INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases, ...

8 months ago - PRNewsWire

INSMED ANNOUNCES POSITIVE TOPLINE RESULTS FROM PHASE 3 ARISE STUDY OF ARIKAYCE® (AMIKACIN LIPOSOME INHALATION SUSPENSION) IN PATIENTS WITH NTM LUNG DISEASE CAUSED BY MAC

—QOL-B Respiratory Domain Shown to Work Effectively as Patient-Reported Outcome Tool in Patients with MAC Lung Disease; to be Proposed to FDA as Primary Endpoint in ENCORE with No Modifications— —Pati...

8 months ago - PRNewsWire

Insmed Reports Second-Quarter 2023 Financial Results and Provides Business Update

-- ARIKAYCE® (amikacin liposome inhalation suspension) Total Revenue of $77.2 Million for the Second Quarter of 2023 Reflects Highest Quarter of Sales Since Launch and 18% Growth Compared to the Secon...

9 months ago - PRNewsWire

Insmed to Host Second-Quarter 2023 Financial Results Conference Call on Thursday, August 3, 2023

BRIDGEWATER, N.J. , July 20, 2023 /PRNewswire/ -- Insmed Incorporated (Nasdaq: INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases,...

10 months ago - PRNewsWire

Insmed To Present at the Goldman Sachs 44th Annual Global Healthcare Conference

BRIDGEWATER, N.J. , June 7, 2023 /PRNewswire/ -- Insmed Incorporated (Nasdaq:INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases, t...

11 months ago - PRNewsWire

Insmed Presents Range of New Study Findings at American Thoracic Society 2023 International Conference

—Brensocatib Reduced Risk of Exacerbations Irrespective of Disease Severity in Patients with Non-Cystic Fibrosis Bronchiectasis (NCFBE) in Phase 2 WILLOW Subgroup Analysis— —Real-World Cohort Study Sh...

1 year ago - PRNewsWire

Insmed Unveils New Research Platforms and Capabilities at Investor and Analyst Event, "The Future of Rare at Insmed: Functional Genes, AI-Enhanced Proteins, Glowing Algae, and More"

—Early-Stage Research Pillar Anticipated to Generate at Least Six Investigational New Drug (IND) Applications by End of 2025— —Company Reveals Select Initial Disease Targets for Next-Generation Gene T...

1 year ago - PRNewsWire

Insmed Reports First Quarter 2023 Financial Results and Provides Business Update

—Enrollment Complete in Phase 3 ASPEN Trial of Brensocatib in Adult Patients with Bronchiectasis; Topline Data Readout on Track for Second Quarter of 2024— —Company to Provide Detailed Update on Early...

1 year ago - PRNewsWire