Inspire Medical Systems, Inc. (INSP)

NYSE: INSP · IEX Real-Time Price · USD
142.19
-1.55 (-1.08%)
Jul 22, 2024, 1:02 PM EDT - Market open
-1.08%
Market Cap 4.21B
Revenue (ttm) 660.91M
Net Income (ttm) -15.73M
Shares Out 29.71M
EPS (ttm) -0.53
PE Ratio n/a
Forward PE 595.02
Dividend n/a
Ex-Dividend Date n/a
Volume 93,983
Open 144.72
Previous Close 143.74
Day's Range 140.47 - 145.86
52-Week Range 123.27 - 304.99
Beta 1.31
Analysts Buy
Price Target 244.29 (+71.81%)
Earnings Date Aug 6, 2024

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

Industry Medical Devices
Sector Healthcare
IPO Date May 3, 2018
Employees 1,011
Stock Exchange NYSE
Ticker Symbol INSP
Full Company Profile

Financial Performance

In 2023, INSP's revenue was $624.80 million, an increase of 53.19% compared to the previous year's $407.86 million. Losses were -$21.15 million, -52.87% less than in 2022.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for INSP stock is "Buy." The 12-month stock price forecast is $244.29, which is an increase of 71.81% from the latest price.

Price Target
$244.29
(71.81% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Inspire Medical Systems, Inc. Announces the Appointment of Melissa J. Mann as Chief People Officer

MINNEAPOLIS, July 22, 2024 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minima...

5 hours ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces CE Mark Certification under the European Union's Medical Device Regulation for Inspire Therapy

MINNEAPOLIS, July 19, 2024 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minima...

3 days ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces CE Mark Certification of Full-Body MRI Compatibility under the European Union's Medical Device Regulation

MINNEAPOLIS, July 19, 2024 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minima...

3 days ago - GlobeNewsWire

INSPIRE MEDICAL ALERT: Bragar Eagel & Squire, P.C. is Investigating Inspire Medical Systems, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Inspire Medical Systems, Inc. (N...

4 days ago - GlobeNewsWire

FDA Labels Inspire Medical's Sleep Apnea Nerve Stimulator Recall As Most Serious

The FDA has labeled a recall of Inspire Medical Systems, Inc.'s INSP nerve-stimulating implant for obstructive sleep apnea as Class I, the most serious kind.

12 days ago - Benzinga

Inspire Medical Systems, Inc. to Report Second Quarter 2024 Financial Results on August 6, 2024

MINNEAPOLIS, July 02, 2024 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire) will release financial results for the second quarter 2024 after the close of trading on Tuesday, Au...

20 days ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Present at the Truist Securities Medtech Conference

MINNEAPOLIS, June 04, 2024 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minima...

6 weeks ago - GlobeNewsWire

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

MINNEAPOLIS, May 23, 2024 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minimal...

2 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. Announces First Quarter 2024 Financial Results and Updates 2024 Outlook

Inspire Reports Year-over-Year Revenue Growth of 28% in the First Quarter and Expects Profitability for the Full Year 2024

2 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. to Present at the BofA Securities 2024 Health Care Conference

MINNEAPOLIS, April 30, 2024 (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

Inspire Medical Systems, Inc. to Report First Quarter 2024 Financial Results on May 7, 2024

MINNEAPOLIS, April 02, 2024 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire) will release financial results for the first quarter 2024 after the close of trading on Tuesday, Ma...

3 months ago - GlobeNewsWire

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

MINNEAPOLIS, March 05, 2024 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minim...

4 months ago - GlobeNewsWire

Inspire Medical Systems, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information - INSP

NEW YORK, NY / ACCESSWIRE / February 20, 2024 / If you suffered a loss on your Inspire Medical Systems, Inc. (NYSE:INSP) investment and want to learn about a potential recovery under the federal secur...

5 months ago - Accesswire

February 20, 2024 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against INSP

NEW YORK, NY / ACCESSWIRE / February 20, 2024 / If you suffered a loss on your Inspire Medical Systems, Inc. (NYSE:INSP) investment and want to learn about a potential recovery under the federal secur...

5 months ago - Accesswire

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of February 20, 2024 in Inspire Medical Lawsuit - INSP

NEW YORK, NY / ACCESSWIRE / February 20, 2024 / If you suffered a loss on your Inspire Medical Systems, Inc. (NYSE:INSP) investment and want to learn about a potential recovery under the federal secur...

5 months ago - Accesswire

Levi & Korsinsky Notifies Inspire Medical Systems, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - INSP

NEW YORK, NY / ACCESSWIRE / February 19, 2024 / If you suffered a loss on your Inspire Medical Systems, Inc. (NYSE:INSP) investment and want to learn about a potential recovery under the federal secur...

5 months ago - Accesswire

Inspire Medical Systems, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information – INSP

NEW YORK, NY / ACCESSWIRE / February 19, 2024 / If you suffered a loss on your Inspire Medical Systems, Inc. (NYSE:INSP) investment and want to learn about a potential recovery under the federal secur...

5 months ago - Accesswire

Inspire Medical Systems, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before February 20, 2024 to Discuss Your Rights - INSP

NEW YORK, NY / ACCESSWIRE / February 18, 2024 / If you suffered a loss on your Inspire Medical Systems, Inc. (NYSE:INSP) investment and want to learn about a potential recovery under the federal secur...

5 months ago - Accesswire

Levi & Korsinsky Reminds Inspire Medical Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 20, 2024 – INSP

NEW YORK, NY / ACCESSWIRE / February 18, 2024 / If you suffered a loss on your Inspire Medical Systems, Inc. (NYSE:INSP) investment and want to learn about a potential recovery under the federal secur...

5 months ago - Accesswire

Investors in Inspire Medical Systems, Inc. Should Contact Levi & Korsinsky Before February 20, 2024 to Discuss Your Rights - INSP

NEW YORK, NY / ACCESSWIRE / February 17, 2024 / If you suffered a loss on your Inspire Medical Systems, Inc. (NYSE:INSP) investment and want to learn about a potential recovery under the federal secur...

5 months ago - Accesswire

Inspire Medical Systems, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before February 20, 2024 to Discuss Your Rights - INSP

NEW YORK, NY / ACCESSWIRE / February 16, 2024 / If you suffered a loss on your Inspire Medical Systems, Inc. (NYSE:INSP) investment and want to learn about a potential recovery under the federal secur...

5 months ago - Accesswire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Inspire Medical Systems, Inc. (INSP)

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming February 20, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of inves...

5 months ago - Business Wire

INSP LAWSUIT ALERT: Levi & Korsinsky Notifies Inspire Medical Systems, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / February 16, 2024 / If you suffered a loss on your Inspire Medical Systems, Inc. (NYSE:INSP) investment and want to learn about a potential recovery under the federal secur...

5 months ago - Accesswire

INSPIRE MEDICAL SHAREHOLDER ACTION REMINDER: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Inspire Medical To Contact Him Directly To Discuss Their Options

If you suffered losses exceeding $100,000 investing in Inspire Medical stock or options between May 3, 2023 and November 7, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partn...

5 months ago - PRNewsWire

Shareholders That Lost Money on Inspire Medical Systems, Inc.(INSP) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / February 16, 2024 / If you suffered a loss on your Inspire Medical Systems, Inc. (NYSE:INSP) investment and want to learn about a potential recovery under the federal secur...

5 months ago - Accesswire