Inspire Medical Systems, Inc. (INSP)

NYSE: INSP · IEX Real-Time Price · USD
151.72
+6.41 (4.41%)
Dec 1, 2023, 4:01 PM EST - Market closed
4.41%
Market Cap 4.48B
Revenue (ttm) 570.19M
Net Income (ttm) -32.77M
Shares Out 29.52M
EPS (ttm) -1.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 468,860
Open 145.15
Previous Close 145.31
Day's Range 143.29 - 153.02
52-Week Range 123.27 - 330.00
Beta 1.47
Analysts Strong Buy
Price Target 279.08 (+83.94%)
Earnings Date Nov 7, 2023

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 Medical Devices
Sector Healthcare
IPO Date May 3, 2018
Employees 755
Stock Exchange NYSE
Ticker Symbol INSP
Full Company Profile

Financial Performance

In 2022, INSP's revenue was $407.86 million, an increase of 74.75% compared to the previous year's $233.39 million. Losses were -$44.88 million, 6.75% more than in 2021.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for INSP stock is "Strong Buy." The 12-month stock price forecast is $279.08, which is an increase of 83.94% from the latest price.

Price Target
$279.08
(83.94% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Inspire Medical Systems, Inc. Announces Third Quarter 2023 Financial Results and Updates 2023 Outlook

Inspire Reports Year-over-Year Revenue Growth of 40% in the Third Quarter MINNEAPOLIS, Minn., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technolo...

26 days ago - GlobeNewsWire

The weight-loss drugs are coming for these companies — but here's why Coke, others, may be spared, says JPMorgan

Citing Vanda Research, the Wall Street Journal reports that the average individual-investor stock portfolio is up 150% since the start of 2014, versus around 140% for the S&P 500's SPX during the same...

5 weeks ago - Market Watch

Neuros Medical, Inc. Names David Veino as President and CEO and Expands Board of Directors

ALISO VIEJO, Calif. , Oct. 23, 2023 /PRNewswire/ -- Neuros Medical, Inc., a medical device company behind an innovative, on-demand bioelectric nerve block therapy for patients with intractable post-am...

5 weeks ago - PRNewsWire

MedTech Earnings in the Age of Ozempic May Not Be That Bad

September-quarter earnings among medical-device makers may prove better than expected in the age of weight-loss drugs.

6 weeks ago - Barrons

Inspire Medical Systems, Inc. to Report Third Quarter 2023 Financial Results on November 7, 2023

MINNEAPOLIS, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire) will release financial results for the third quarter 2023 after the close of trading on Tuesday, Nov...

2 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces Events at International Surgical Sleep Society and American Academy of Otolaryngology – Head and Neck Surgery Meetings

MINNEAPOLIS, Sept. 26, 2023 (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

Medtech Makers Are the Real Losers From Obesity Drugs

Shares of companies that treat everything from Type 2 diabetes to sleep apnea have been sinking since new weight-loss medications skyrocketed.

Other symbols: DXCMMDGLPODDRMDTNDM
2 months ago - Barrons

Inspire Medical Systems, Inc. to Present at the Wells Fargo 2023 Healthcare Conference

MINNEAPOLIS, Aug. 23, 2023 (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 Second Quarter 2023 Financial Results and Updates 2023 Outlook

Inspire Reports Year-over-Year Revenue Growth of 65% in the Second Quarter Inspire Reports Year-over-Year Revenue Growth of 65% in the Second Quarter

4 months ago - GlobeNewsWire

Inspire Medical Up 15% After Breakout, Analysts Say It's A Buy

Inspire Medical Systems NYSE: INSP is up nearly 15% since breaking out of cup-with-handle base on May 3. The base's buy point was above $277.18, which you can see on the Inspire Medical Systems chart.

5 months ago - MarketBeat

Inspire Medical Systems, Inc. to Report Second Quarter 2023 Financial Results on August 1, 2023

MINNEAPOLIS, July 05, 2023 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire) will release financial results for the second quarter 2023 after the close of trading on Tuesday, Au...

5 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces FDA Approval for Apnea Hypopnea Index Indication Expansion and Increased Body Mass Index Labeling

MINNEAPOLIS, June 09, 2023 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minima...

6 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Participate in the Wells Fargo 2023 Medtech Innovation Spotlight Series

MINNEAPOLIS, May 16, 2023 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minimal...

7 months ago - GlobeNewsWire

UPDATE - Inspire Medical Systems, Inc. to Present at the BofA Securities Health Care Conference 2023

MINNEAPOLIS, May 03, 2023 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minimal...

7 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces First Quarter 2023 Financial Results and Updates 2023 Outlook

Inspire Reports Year-over-Year Revenue Growth of 84% in the First Quarter Inspire Reports Year-over-Year Revenue Growth of 84% in the First Quarter

7 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Present at the BofA Securities Health Care Conference 2023

MINNEAPOLIS, April 26, 2023 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minim...

7 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Report First Quarter 2023 Financial Results on May 2, 2023

MINNEAPOLIS, April 04, 2023 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire) will release financial results for the first quarter 2023 after the close of trading on Tuesday, Ma...

8 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces Countrywide Reimbursement in Belgium

MINNEAPOLIS, March 09, 2023 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minim...

9 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Present at the KeyBanc Capital Markets Life Sciences & MedTech Investor Forum

MINNEAPOLIS, March 07, 2023 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minim...

9 months ago - GlobeNewsWire

Glancy Prongay & Murray LLP Announces Investigation of Inspire Medical Systems, Inc. (INSP)

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Inspire Medical Systems, Inc. (NYSE: INSP) concerning the Company and its directors' and officers' possibl...

10 months ago - Business Wire

Inspire Medical Systems, Inc. Announces Fourth Quarter and Full Year 2022 Financial Results and Provides 2023 Guidance

Inspire Reports First Profitable Quarter and Year-over-Year Revenue Growth of 76% in the Fourth Quarter Inspire Reports First Profitable Quarter and Year-over-Year Revenue Growth of 76% in the Fourth ...

10 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Report Fourth Quarter and Fiscal 2022 Financial Results on February 7, 2023

MINNEAPOLIS, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire) will release financial results for the fourth quarter and fiscal 2022 after the close of trading on ...

11 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces Preliminary Results for the Fourth Quarter and Full Year 2022

MINNEAPOLIS, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minima...

11 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Present at the 41st Annual J.P. Morgan Healthcare Conference

MINNEAPOLIS, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minima...

1 year ago - GlobeNewsWire

Inspire Medical Systems, Inc. Publishes Inaugural ESG Summary Report

Inspire Adopts SASB Reporting Standards Inspire Adopts SASB Reporting Standards

1 year ago - GlobeNewsWire