Inspire Medical Systems, Inc. (INSP)
NYSE: INSP · Real-Time Price · USD
176.05
+0.77 (0.44%)
At close: Nov 19, 2024, 4:00 PM
179.95
+3.90 (2.22%)
Pre-market: Nov 20, 2024, 6:08 AM EST

Inspire Medical Systems Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for INSP stock have an average target of 226.18, with a low estimate of 185 and a high estimate of 260. The average target predicts an increase of 28.47% from the current stock price of 176.05.

Analyst Consensus: Buy
Target Low Average Median High
Price $185 $226.18 $236 $260
Change +5.08% +28.47% +34.05% +47.69%

Analyst Ratings

The average analyst rating for INSP stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 443222
Buy 666665
Hold 444444
Sell 000000
Strong Sell 000000
Total 141413121211

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Reiterates
$260
Buy Reiterates $260 +47.69% Nov 5, 2024
Piper Sandler
Piper Sandler
Buy
Reiterates
$255$260
Buy Reiterates $255$260 +47.69% Nov 5, 2024
Stifel
Stifel
Hold
Reiterates
$170$200
Hold Reiterates $170$200 +13.60% Nov 5, 2024
Wells Fargo
Wells Fargo
Hold
Maintains
$187$198
Hold Maintains $187$198 +12.47% Nov 5, 2024
Baird
Baird
Buy
Maintains
$240$252
Buy Maintains $240$252 +43.14% Nov 5, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
812.01M
from 624.80M
Increased by 29.96%
Revenue Next Year
969.67M
from 812.01M
Increased by 19.42%
EPS This Year
1.35
from -0.72
EPS Next Year
2.02
from 1.35
Increased by 49.20%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
82.05M115.38M233.39M407.86M624.80M812.01M969.67M1.15B
Revenue Growth
62.18%40.62%102.28%74.75%53.19%29.96%19.42%18.18%
EPS
-1.40-2.19-1.54-1.60-0.721.352.023.20
EPS Growth
------49.20%58.86%
Forward PE
-----130.3287.3554.98
No. Analysts -----212116
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 838.2M 1.0B 1.2B
Avg 812.0M 969.7M 1.1B
Low 777.1M 907.0M 1.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
34.2%
25.0%
25.2%
Avg
30.0%
19.4%
18.2%
Low
24.4%
11.7%
9.1%

EPS Forecast

EPS 20242025202620272028
High 1.47 2.59 4.82
Avg 1.35 2.02 3.20
Low 1.18 1.47 2.21

EPS Growth

EPS Growth 20242025202620272028
High -
92.0%
139.1%
Avg -
49.2%
58.9%
Low -
8.8%
9.9%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.