Inspire Medical Systems, Inc. (INSP)

NYSE: INSP · Real-Time Price · USD
45.46
+0.85 (1.91%)
At close: Jul 1, 2026, 4:00 PM EDT
46.21
+0.75 (1.65%)
After-hours: Jul 1, 2026, 7:53 PM EDT
Market Cap1.31B -65.1%
Revenue (ttm)915.25M +8.9%
Net Income131.14M +97.2%
EPS4.47 +106.4%
Shares Out 28.81M
PE Ratio10.16
Forward PE46.69
Dividendn/a
Ex-Dividend Daten/a
Volume1,348,586
Open45.21
Previous Close44.61
Day's Range45.21 - 47.10
52-Week Range38.91 - 147.03
Beta0.71
AnalystsHold
Price Target51.77 (+13.88%)
Earnings DateAug 3, 2026

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 patients with 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 ai... [Read more]

Sector Healthcare
IPO Date May 3, 2018
Employees 1,333
Stock Exchange NYSE
Ticker Symbol INSP
Full Company Profile

Financial Performance

In 2025, Inspire Medical Systems's revenue was $911.98 million, an increase of 13.60% compared to the previous year's $802.80 million. Earnings were $145.42 million, an increase of 171.77%.

Financial Statements

Analyst Summary

According to 16 analysts, the average rating for INSP stock is "Hold." The 12-month stock price target is $51.77, which is an increase of 13.88% from the latest price.

Price Target
$51.77
(13.88% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Inspire Medical initiated with a Buy at Freedom Capital

Freedom Capital initiated coverage of Inspire Medical (INSP) with a Buy rating and $62 price target The neurostimulation market is an attractive growth opportunity where small-to-mid cap players like ...

1 day ago - TheFly

Inspire Medical Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Inspire Medical Systems, Inc. - INSP

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its...

2 days ago - Business Wire

Inspire Medical Systems Transcript: Wells Fargo 2026 MedTech Innovation Spotlight

Clear coding and reimbursement pathways are now in place, with Inspire V showing improved clinical outcomes and strong patient adherence. New data links therapy to reduced cardiovascular risk, while ongoing innovation and market education support future growth.

5 days ago - Transcripts

Inspire Medical downgraded to In Line from Outperform at Evercore ISI

Evercore ISI analyst Daniel Markowitz downgraded Inspire Medical (INSP) to In Line from Outperform with a price target of $40, down from $55. Since no permanent code accurately describes the…

8 days ago - TheFly

Inspire Medical Systems, Inc. Announces Presence at SLEEP 2026 and Publication of PREDICTOR Study

Highlights New Clinical Data, Technology Advancements, and Cardiovascular Outcomes Research Highlights New Clinical Data, Technology Advancements, and Cardiovascular Outcomes Research

15 days ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Participate in the Wells Fargo 2026 MedTech Innovation Spotlight

MINNEAPOLIS, June 12, 2026 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minima...

19 days ago - GlobeNewsWire

Inspire Medical downgraded to Underperform at BofA on coding overhang

BofA downgraded Inspire Medical (INSP) to Underperform from Neutral with a price target of $39, down from $53. The firm sees higher risk to estimates without a smooth and consistent…

5 weeks ago - TheFly

Inspire Medical downgraded to Underperform from Neutral at BofA

BofA downgraded Inspire Medical (INSP) to Underperform from Neutral with a price target of $39, down from $53.

5 weeks ago - TheFly

Inspire Medical Systems Transcript: Bank of America Global Healthcare Conference 2026

Cost discipline and patient outcomes remain central as coding changes and reimbursement challenges drive a temporary revenue decline, with Q2 expected as the low point. Sequential improvement is anticipated, supported by expanded education efforts and a focus on long-term solutions, while new product benefits and market adaptation are expected to drive gradual recovery.

7 weeks ago - Transcripts

Inspire Medical price target lowered to $50 from $64 at Truist

Truist analyst Richard Newitter lowered the firm’s price target on Inspire Medical (INSP) to $50 from $64 and keeps a Hold rating on the shares. The company has significantly cut…

2 months ago - TheFly

Inspire Medical price target lowered to $54 from $67 at JPMorgan

JPMorgan lowered the firm’s price target on Inspire Medical (INSP) to $54 from $67 and keeps a Neutral rating on the shares. The firm materially cut estimates post the earnings…

2 months ago - TheFly

Inspire Medical price target lowered to $55 from $62 at Evercore ISI

Evercore ISI lowered the firm’s price target on Inspire Medical (INSP) to $55 from $62 and keeps an Outperform rating on the shares.

2 months ago - TheFly

Inspire Medical price target lowered to $45 from $56 at RBC Capital

RBC Capital lowered the firm’s price target on Inspire Medical (INSP) to $45 from $56 and keeps a Sector Perform rating on the shares. The company lowered its 2026 revenue…

2 months ago - TheFly

Inspire Medical price target lowered to $55 from $70 at Mizuho

Mizuho lowered the firm’s price target on Inspire Medical (INSP) to $55 from $70 and keeps an Outperform rating on the shares.

2 months ago - TheFly

Inspire Medical price target lowered to $65 from $70 at Stifel

Stifel analyst Jonathan Block lowered the firm’s price target on Inspire Medical (INSP) to $65 from $70 and keeps a Buy rating on the shares.

2 months ago - TheFly

Piper downgrades Inspire Medical to Neutral on guidance cut

Piper Sandler downgraded Inspire Medical (INSP) to Neutral from Overweight with a price target of $55, down from $85. The stock in premarket trading is down 22%, or $12.04, to…

2 months ago - TheFly

Inspire Medical price target lowered to $50 from $63 at Baird

Baird analyst David Rescott lowered the firm’s price target on Inspire Medical (INSP) to $50 from $63 and keeps a Neutral rating on the shares. The firm updated its model…

2 months ago - TheFly

Inspire Medical downgraded at BofA on cloudy path back to growth

As previously reported, BofA downgraded Inspire Medical (INSP) to Neutral from Buy with a price target of $53, down from $120. While the firm still believes in Inspire’s product, acknowledges…

2 months ago - TheFly

Inspire Medical Systems Earnings Call Transcript: Q1 2026

Revenue grew 1.6% to $204.6M in Q1 2026, but ongoing coding, reimbursement, and WISeR program headwinds led to a downward revision of full-year guidance. Adjusted operating income and cash flow improved, with sequential recovery expected in the second half as coding clarity increases.

2 months ago - Transcripts

Inspire Medical Systems Earnings release: Q1 2026

Inspire Medical Systems released its Q1 2026 earnings on May 4, 2026, summarizing the period's financial results.

2 months ago - Filings

Inspire Medical Systems Quarterly report: Q1 2026

Inspire Medical Systems has published its Q1 2026 quarterly earnings report on May 4, 2026.

2 months ago - Filings

Inspire Medical Systems Slides: Q1 2026

Inspire Medical Systems has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 4, 2026.

2 months ago - Filings

Inspire Medical Systems, Inc. Announces First Quarter 2026 Financial Results and Updates 2026 Guidance

MINNEAPOLIS, May 04, 2026 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire, or the Company), a medical technology company focused on the development and commercialization of inn...

2 months ago - GlobeNewsWire

Inspire Medical Systems Transcript: AGM 2026

The meeting highlighted strong 2025 financial growth, key leadership changes, and approval of all seven shareholder proposals, including board structure reform and incentive plan amendments. Strategic innovation and governance enhancements were emphasized.

2 months ago - Transcripts

Inspire Medical Systems, Inc. to Present at the BofA Securities 2026 Healthcare Conference

MINNEAPOLIS, April 29, 2026 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minim...

2 months ago - GlobeNewsWire