Insulet Corporation (PODD)

NASDAQ: PODD · Real-Time Price · USD
236.48
-0.11 (-0.05%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-0.05%
Market Cap 16.56B
Revenue (ttm) 1.87B
Net Income (ttm) 395.30M
Shares Out 70.04M
EPS (ttm) 5.44
PE Ratio 43.47
Forward PE 71.57
Dividend n/a
Ex-Dividend Date n/a
Volume 515,197
Open 236.59
Previous Close 236.59
Day's Range 234.76 - 238.99
52-Week Range 128.68 - 243.98
Beta 1.21
Analysts Buy
Price Target 236.67 (+0.08%)
Earnings Date Nov 7, 2024

About PODD

Insulet Corporation develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes. The company’s Omnipod platform includes the Omnipod 5 Automated Insulin Delivery System (Omnipod 5) which includes a proprietary AID algorithm embedded in the Pod that integrates with a third-party continuous glucose monitor to obtain glucose values through wireless bluetooth communication; Omnipod DASH that features a bluetooth enabled Pod that is controlled by a smartphone-like Personal Diabetes Manager with a color touch... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date May 15, 2007
Employees 3,000
Stock Exchange NASDAQ
Ticker Symbol PODD
Full Company Profile

Financial Performance

In 2023, Insulet's revenue was $1.70 billion, an increase of 30.02% compared to the previous year's $1.31 billion. Earnings were $206.30 million, an increase of 4384.78%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for PODD stock is "Buy." The 12-month stock price forecast is $236.67, which is an increase of 0.08% from the latest price.

Price Target
$236.67
(0.08% upside)
Analyst Consensus: Buy
Stock Forecasts

News

National Campaign Launches to Combat Diabetes Stigma Using Comedy

SAN FRANCISCO , Oct. 10, 2024 /PRNewswire/ -- The Spoonful of Laughter campaign is a national initiative using comedy to educate about diabetes, counter harmful stereotypes and stigma, and amplify aut...

11 days ago - PRNewsWire

Insulet to Announce Third Quarter 2024 Financial Results on November 7, 2024

ACTON, Mass.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today announced p...

21 days ago - Business Wire

Upstart, Insulet And 2 Other Stocks Executives Are Selling

The Nasdaq 100 closed higher by over 400 points during Wednesday's session. Investors, meanwhile, focused on some notable insider trades.

Other symbols: UPSTINTUZ
5 weeks ago - Benzinga

What Helped Insulet Stock Gain 10% This Week?

Insulet stock (NASDAQ: PODD) currently trades around $200 per share, about 35% lower than the levels of over $300 seen in early November 2021. In comparison, its peer – DexCom stock – is down 55% over...

7 weeks ago - Forbes

S&P 500 Gains and Losses Today: Medical Device Makers ResMed, Insulet Lead Index

Major U.S. equities indexes ticked higher ahead of a potentially consequential earnings report from semiconductor giant Nvidia (NVDA) as well as key inflation and economic data set for release later i...

Other symbols: RMD
7 weeks ago - Investopedia

This Healthcare Stock Is the Best Performer in the S&P 500 Tuesday

Insulet got a key FDA approval for an insulin delivery system.

7 weeks ago - Barrons

Omnipod® 5 Automated Insulin Delivery System is now FDA-cleared for People with Type 2 Diabetes

ACTON, Mass.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today announced i...

2 months ago - Business Wire

These Two Stocks Plunged After Eli Lilly Drug Study Showed Diabetes Promise

Shares of Insulet (PODD) and DexCom (DXCM), two companies that provide medical devices for patients managing diabetes, tumbled Tuesday after a study showed that a popular drug made by Eli Lilly (LLY) ...

Other symbols: DXCM
2 months ago - Investopedia

Insulet to Present at Upcoming Investor Conferences

ACTON, Mass.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today announced that management ...

2 months ago - Business Wire

Insulet Celebrates Grand Opening of 400,000-square-foot Manufacturing Facility in Malaysia

ACTON, Mass.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today hosted a gr...

2 months ago - Business Wire

Insulin Pump Maker Insulet's Stock Slumps on User Growth Concerns

Shares of Insulet (PODD) suffered the heaviest losses of any S&P 500 stock on Friday, dropping 8.8% after the maker of insulin management devices suggested new user growth could be lower than previous...

2 months ago - Investopedia

Insulet Is the Worst Stock in S&P 500 Today, Despite Solid Earnings. Here's Why.

The automated insulin technology developer stock is on track for its largest percentage decline since February.

2 months ago - Barrons

Insulin Pump Maker Insulet's Growth Catalysts Set to Boost Revenue in 2025: Analyst

Insulin device maker Insulet Corporation PODD reported a second-quarter adjusted EPS of $0.55 on Thursday, missing the consensus estimate of $0.56. It reported an EPS of $0.38 a year ago.

2 months ago - Benzinga

Insulet Corporation (PODD) Q2 2024 Earnings Call Transcript

Insulet Corporation (NASDAQ:PODD) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Deborah Gordon - Vice President, Investor Relations Jim Hollingshead - President & Ch...

2 months ago - Seeking Alpha

Insulet inventory pressures cloud annual revenue forecast raise

Insulet Corp PODD.O on Thursday raised its annual revenue growth forecast but pressures over unutilised inventory clouded the upbeat outlook, sending shares of the insulin device maker down about 3.5%...

2 months ago - Reuters

Insulet Reports Second Quarter 2024 Revenue Increase of 23% Year-Over-Year

ACTON, Mass.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today announced f...

2 months ago - Business Wire

Insulet expects to beat revenue estimates on strong insulin pump demand

Insulet reported preliminary second-quarter revenue above Wall Street estimates on Friday, as it benefited from strong demand for its insulin delivery devices.

3 months ago - Reuters

Insulet Reports Preliminary Second Quarter 2024 Revenue Results

ACTON, Mass.--(BUSINESS WIRE)--Insulet Reports Preliminary Second Quarter 2024 Results.

3 months ago - Business Wire

Insulet to Announce Second Quarter 2024 Financial Results on August 8, 2024

ACTON, Mass.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today announced p...

3 months ago - Business Wire

Insulet's SECURE-T2D Pivotal Trial Results Demonstrate Omnipod® 5 Improves Clinical Outcomes and Quality of Life in Type 2 Diabetes

ACTON, Mass.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today shared posi...

4 months ago - Business Wire

Insulet Announces Full Commercial Launch of Omnipod 5 with Expanded Sensor Integrations in the United Kingdom and the Netherlands

ACTON, Mass.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today announced t...

4 months ago - Business Wire

Insulet Announces Omnipod 5 Launch in France and U.S. Innovation Updates

ACTON, Mass.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today made severa...

4 months ago - Business Wire

Insulet Corporation: Insulin Pump Provider Fighting Back After Torrid 2023

Insulet Corporation saw a significant drop in stock price in 2023 due to concerns over the impact of GLP-1 weight loss drugs on the insulin pump industry. These fears seem to be largely overblown, how...

4 months ago - Seeking Alpha

Insulet to Present at the Jefferies Global Healthcare Conference

ACTON, Mass.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today announced that management ...

5 months ago - Business Wire

Insulet Corporation (PODD) Q1 2024 Earnings Call Transcript

Insulet Corporation (NASDAQ:PODD) Q1 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Deborah Gordon - Vice President, Investor Relations Jim Hollingshead - President and Chi...

5 months ago - Seeking Alpha