Inspire Medical Systems, Inc. (INSP)

NYSE: INSP · IEX Real-Time Price · USD
182.43
+5.06 (2.85%)
Oct 3, 2022 4:00 PM EDT - Market closed
2.85%
Market Cap 5.25B
Revenue (ttm) 300.85M
Net Income (ttm) -43.92M
Shares Out 28.79M
EPS (ttm) -1.56
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 206,994
Open 180.36
Previous Close 177.37
Day's Range 177.29 - 185.44
52-Week Range 142.74 - 286.29
Beta 1.56
Analysts Buy
Price Target 288.43 (+58.1%)
Earnings Date Oct 31, 2022

About 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, a closed-loop solution that continuously monitors a patient's breathing and delivers mild hypoglossal nerve stimulation to maintain an open airway. The co... [Read more...]

Industry Health Care Technology
IPO Date May 3, 2018
CEO Timothy Herbert
Employees 485
Stock Exchange NYSE
Ticker Symbol INSP
Full Company Profile

Financial Performance

In 2021, INSP's revenue was $233.39 million, an increase of 102.28% compared to the previous year's $115.38 million. Losses were -$42.04 million, -26.50% less than in 2020.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for INSP stock is "Buy." The 12-month stock price forecast is 288.43, which is an increase of 58.10% from the latest price.

Price Target
$288.43
(58.10% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Inspire Medical Systems, Inc. Announces Updates from International Surgical Sleep Society and American Academy of Oto...

MINNEAPOLIS, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minimal...

2 weeks ago - GlobeNewsWire

Inspire (INSP) Stock Jumps 5.6%: Will It Continue to Soar?

Inspire (INSP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

3 weeks ago - Zacks Investment Research

Inspire Medical Systems, Inc. Announces Appointment of Ezgi Yagci as Vice President of Investor Relations

MINNEAPOLIS, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minimall...

1 month ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces Pricing of Offering of Common Stock

MINNEAPOLIS, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative, minima...

1 month ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces Proposed Offering of Common Stock

MINNEAPOLIS, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative, minima...

1 month ago - GlobeNewsWire

Inspire Medical Systems (INSP) Reports Q2 Loss, Tops Revenue Estimates

Inspire (INSP) delivered earnings and revenue surprises of 10.17% and 15.53%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Inspire Medical Systems, Inc. Announces Second Quarter 2022 Financial Results and Updates 2022 Outlook

Inspire Reports Year-over-Year Revenue Growth of 73% in the Second Quarter Inspire Reports Year-over-Year Revenue Growth of 73% in the Second Quarter

2 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces Appointment of Two New Independent Directors to its Board

Company adds further expertise in human capital strategy and medical device industry R&D, regulatory affairs and commercialization Company adds further expertise in human capital strategy and medical de...

2 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces FDA Approval of Expanded, Full-Body MRI Compatibility with Inspire Therapy

MINNEAPOLIS, July 06, 2022 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minimall...

2 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Report Second Quarter 2022 Financial Results on August 2, 2022

MINNEAPOLIS, July 05, 2022 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire) will release financial results for the second quarter 2022 after the close of trading on Tuesday, Augu...

2 months ago - GlobeNewsWire

UPDATE — Inspire Medical Systems, Inc. to Present at the Goldman Sachs 43rd Annual Global Healthcare Conference

MINNEAPOLIS, June 06, 2022 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative, minima...

3 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Present at the Goldman Sachs 43rd Annual Global Healthcare Conference

MINNEAPOLIS, June 06, 2022 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative, minima...

3 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces Events at SLEEP 2022, the 36th Annual Meeting of the Associated Professional ...

Highlighted by a robust clinical program and the introduction of Inspire SleepSync™ Digital Health enabled by a new Bluetooth® Patient Remote Highlighted by a robust clinical program and the introductio...

4 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Present at the USB Global Healthcare Conference 2022

MINNEAPOLIS, May 11, 2022 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative, minimal...

4 months ago - GlobeNewsWire

Inspire Medical Systems (INSP) Reports Q1 Loss, Tops Revenue Estimates

Inspire (INSP) delivered earnings and revenue surprises of 21.79% and 6.95%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Inspire Medical Systems, Inc. Announces First Quarter 2022 Financial Results and Updates 2022 Outlook

Inspire Reports Year-over-Year Revenue Growth of 72% in the First Quarter Inspire Reports Year-over-Year Revenue Growth of 72% in the First Quarter

5 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces Investments in EnsoData and Ognomy

Investments support ongoing digital health strategy designed to improve patient access to Inspire therapy by increasing capacity for sleep screening Investments support ongoing digital health strategy d...

5 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Present at the BofA Securities 2022 Healthcare Conference

MINNEAPOLIS, April 27, 2022 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative, minim...

5 months ago - GlobeNewsWire

Earnings Preview: Inspire Medical Systems (INSP) Q1 Earnings Expected to Decline

Inspire (INSP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

This Tiny Medical Device Will Make Billions of Dollars

Inspire Medical Systems is radically transforming how we treat sleep apnea.

5 months ago - The Motley Fool

Inspire Medical Systems, Inc. to Report First Quarter 2022 Financial Results on May 3, 2022

MINNEAPOLIS, April 05, 2022 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative, minim...

5 months ago - GlobeNewsWire

Don't Tell These 3 Healthcare Stocks There's a Bear Market

Many healthcare stocks have been outperforming the market averages this year. Here are three stocks our roundtable likes.

Other symbols: AZNVRTX
7 months ago - The Motley Fool

Inspire Medical Clocks 70% Increase In Q4 Sales, Issues FY22 Guidance Ahead Of Consensus

Inspire Medical Systems Inc INSP generated revenue of $78.39 million in Q4, a 70% Y/Y increase, marginally beating the consensus of $78.11 million and in line with the management expectation. Get the In...

7 months ago - Benzinga

Inspire Medical Systems (INSP) Reports Q4 Loss, Tops Revenue Estimates

Inspire (INSP) delivered earnings and revenue surprises of 80.85% and 0.27%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Inspire Medical Systems, Inc. Announces Fourth Quarter and Full Year 2021 Financial Results and Provides 2022 Guidance

Accelerated Patient Demand and Increased Center Capacity Drives Year-over-Year Revenue Growth of 70% and 102% in the Fourth Quarter and Full Year, Respectively Accelerated Patient Demand and Increased C...

7 months ago - GlobeNewsWire