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Inspire Medical Systems, Inc. (INSP)

NYSE: INSP · IEX Real-Time Price · USD
228.73 -15.65 (-6.40%)
Nov 26, 2021 1:00 PM EST - Market closed
Market Cap6.26B
Revenue (ttm)201.01M
Net Income (ttm)-47.14M
Shares Out27.36M
EPS (ttm)-1.74
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume139,384
Open271.91
Previous Close244.38
Day's Range227.70 - 241.05
52-Week Range159.18 - 286.29
Beta1.61
AnalystsBuy
Price Target301.30 (+31.7%)
Earnings DateNov 2, 2021

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 Europe. It offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe OSA. The company 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. Inspire Medical...

IndustryHealth Care Technology
IPO DateMay 3, 2018
CEOTimothy Herbert
Employees341
Stock ExchangeNYSE
Ticker SymbolINSP
Full Company Profile

Financial Performance

In 2020, INSP's revenue was $115.38 million, an increase of 40.62% compared to the previous year's $82.05 million. Losses were -$57.20 million, 72.1% more than in 2019.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for INSP stock is "Buy." The 12-month stock price forecast is 301.30, which is an increase of 31.73% from the latest price.

Price Target
$301.30
(31.73% upside)
Analyst Consensus: Buy

News

Inspire Medical Systems, Inc. Provides Update on 2022 Ambulatory Surgical Center Reimbursement Levels

MINNEAPOLIS, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and min...

2 weeks ago - GlobeNewsWire

Inspire Medical Systems (INSP) Reports Q3 Loss, Tops Revenue Estimates

Inspire (INSP) delivered earnings and revenue surprises of 37.70% and 10.90%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Inspire Medical Systems, Inc. Announces Third Quarter 2021 Financial Results and Updates 2021 Outlook

MINNEAPOLIS, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) ("Inspire"), a medical technology company focused on the development and commercialization of innovative and min...

3 weeks ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Present at the Stifel 2021 Virtual Healthcare Conference

MINNEAPOLIS, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and min...

3 weeks ago - GlobeNewsWire

Analysts Estimate Inspire Medical Systems (INSP) to Report a Decline in Earnings: What to Look Out for

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.

1 month ago - Zacks Investment Research

Buy 3 Medical Info Systems Stocks to Brave Industry-wide Challenges

Stocks like 10x Genomics Inc. (TXG), Omnicell, Inc. (OMCL) and Inspire Medical Systems, Inc. (INSP) are expected to gain despite pandemic-led disruptions.

Other symbols:OMCLTXG
1 month ago - Zacks Investment Research

Inspire Medical Systems, Inc. to Report Third Quarter 2021 Financial Results on November 2, 2021

MINNEAPOLIS, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and min...

1 month ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces Quality Week and Launch of the Patient Experience Report

MINNEAPOLIS, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and mi...

2 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces Recommendation by Medicare Panel to Increase Payments for Inspire Therapy to ...

MINNEAPOLIS, Aug. 30, 2021 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and min...

2 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Present at the Wells Fargo 2021 Virtual Healthcare Conference

MINNEAPOLIS, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and min...

3 months ago - GlobeNewsWire

Inspire Medical Q2 Earnings Beat Expectation, Sales More Than Tripled, Raises FY21 Outlook

Inspire Medical Systems Inc (NYSE: INSP) generated revenue of $53.0 million in Q2, a 335% Y/Y increase, beating the consensus of $43.87 million. U.S. revenue increased 349% to $49.4 million, and Europea...

3 months ago - Benzinga

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

Inspire (INSP) delivered earnings and revenue surprises of 21.31% and 17.95%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Inspire Medical Systems, Inc. Announces Second Quarter 2021 Financial Results and Updates 2021 Outlook

MINNEAPOLIS, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) ("Inspire"), a medical technology company focused on the development and commercialization of innovative and min...

3 months ago - GlobeNewsWire

Will Inspire Medical Systems (INSP) Report Negative Earnings Next Week? What You Should Know

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.

4 months ago - Zacks Investment Research

Inspire Medical Systems, Inc. to Report Second Quarter 2021 Financial Results on August 3, 2021

MINNEAPOLIS, July 06, 2021 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and min...

4 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Present at the Goldman Sachs 42nd Annual Global Healthcare Conference

MINNEAPOLIS, May 25, 2021 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and mini...

6 months ago - GlobeNewsWire

UPDATE – Inspire Medical Systems, Inc. Announces Positive Coverage Policy Issued by Anthem for Inspire Therapy

MINNEAPOLIS, May 20, 2021 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) ("Inspire"), a medical technology company focused on the development and commercialization of innovative and mini...

6 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces Positive Coverage Policy Issued by Anthem for Inspire Therapy

MINNEAPOLIS, May 20, 2021 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) ("Inspire"), a medical technology company focused on the development and commercialization of innovative and mini...

6 months ago - GlobeNewsWire

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

Inspire (INSP) delivered earnings and revenue surprises of 7.69% and 9.18%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Inspire Medical Systems, Inc. Announces First Quarter 2021 Financial Results and Updates 2021 Outlook

MINNEAPOLIS, May 04, 2021 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and mini...

6 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Present at the BofA Securities 2021 Virtual Health Care Conference

MINNEAPOLIS, April 28, 2021 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and mi...

6 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces Exclusive Distribution Agreement with Japan Lifeline Co., Ltd to Commercializ...

Reimbursement Review of Inspire Therapy Completed by Japan Ministry of Health Labour and Welfare (MHLW); National Health Insurance Payment Listing Expected in June 2021

7 months ago - GlobeNewsWire

Investing in Sleep Apnea Companies

Three stocks to have on your radar in the healthcare space.

Other symbols:RMDVVOS
7 months ago - The Motley Fool

Inspire Medical Systems, Inc. Announces FDA Approval and Commercial Launch of New Physician Programmer Platform

MINNEAPOLIS, March 31, 2021 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) ("Inspire"), a medical technology company focused on the development and commercialization of innovative and mi...

7 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces FDA Approval of Two-Incision Implant Procedure

Two-incision approach reduces average procedure time by approximately 20 percent Two-incision approach reduces average procedure time by approximately 20 percent

8 months ago - GlobeNewsWire