How to Buy Inspire Medical Systems Stock
Inspire Medical Systems Inc
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).
Inspire Medical Systems stock last closed at $152.79, down 2.37% from the previous day, and has decreased 6.5% in one year. It has overperformed other stocks in the Medical Devices industry by 0.06 percentage points. Inspire Medical Systems stock is currently +24.22% from its 52-week low of $123.00, and -32.09% from its 52-week high of $225.00.
There are currently 29.49M INSP shares outstanding. The market capitalization of INSP is $4.51B. In the last 24 hours, 830,416 INSP shares were traded.
How to Buy Inspire Medical Systems Stock
Not sure how to invest in Inspire Medical Systems stock? Here's how.
- Choose where to buy Inspire Medical Systems stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Inspire Medical Systems stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Select your payment method and add your info.
- Analyze Inspire Medical Systems stock: The Inspire Medical Systems ticker symbol is INSP. Is Inspire Medical Systems stock a good investment? Should you buy shares of INSP? How do INSP's underlying business fundamentals look? Do top analysts think Inspire Medical Systems is a good buy? Why has INSP's stock price moved recently? (Hint: Our stock research website can help you decide if INSP is a good stock to buy).
- Make your INSP trade: Decide if you will purchase INSP shares at the current market price or use a limit order to purchase INSP stock at a given price.
- Get notifications regarding your INSP position: Create a watchlist to important notifications about your investment in Inspire Medical Systems stock.
Step 1: Choose where to buy Inspire Medical Systems stock
You need a brokerage account to access the NYSE market and buy INSP shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal information so you can invest in INSP today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open a new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have finished signing up on the best beginner stock app, your next step is to transfer the money for your investment:
Check out the tutorial below for more details depositing money into your new brokerage account.
Step 4: Analyze Inspire Medical Systems stock
After you have figured out the best place to buy Inspire Medical Systems stock, it's very important to analyze their stock prior to buying, so you truly comprehend the risk as well as the upside.
Overview of key INSP info
Inspire Medical Systems Due Diligence Score
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on INSP's stock page.
Is INSP stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge INSP's true value.
Using relative valuations metrics:
- INSP could be overvalued based on its P/E ratio of 68.21x, relative to Medical Devices industry P/E ratio of 37.17x
- INSP may be overvalued based on its P/B ratio of 7.09x, relative to Medical Devices industry P/B ratio of 3.98x
- INSP may be overvalued based on its PEG ratio of 2.83x
You can do additional valuation analysis on INSP's stock here.
INSP Financial Health Overview
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the INSP balance sheet.
- INSP earnings of $71.99M is not sufficient to cover its interest payments.
- Total INSP debt is lower than 5 years ago, relative to shareholder equity.
- INSP profit margin has gone up from -2.4% to 7.9% in the past year.
- INSP has a low debt to equity ratio of 0.15.
- There are more short-term assets than long-term liabilities on the INSP balance sheet.
- INSP's operating cash flow of $114.68M allows it to safely service it's debt of $31.49M.
Is it a good time to buy INSP stock, according to Wall Street analysts?
Out of 11 Wall Street analysts who track INSP, the consensus analyst rating on INSP is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest INSP Analyst Upgrades/Downgrades
Tim Rezvan, a bottom 4% analyst from KeyBanc maintains INSP with a strong buy rating and lowers their INSP price target from $234.00 to $216.00, on Apr 21, 2025.
Shagun Singh, a top 27% analyst from RBC Capital maintains INSP with a buy rating and lowers their INSP price target from $260.00 to $215.00, on Apr 15, 2025.
Richard Newitter, a top 5% analyst from Truist Securities maintains INSP with a strong buy rating and lowers their INSP price target from $250.00 to $235.00, on Feb 11, 2025.
Adam Maeder, a top 13% analyst from Piper Sandler maintains INSP with a strong buy rating and lowers their INSP price target from $260.00 to $233.00, on Feb 10, 2025.
Brett Fishbin, a top 26% analyst from KeyBanc reiterates INSP with a strong buy rating and lowers their INSP price target from $236.00 to $234.00, on Jan 24, 2025.
You can dive deeper into what analysts are saying on the Inspire Medical Systems stock forecast page.
Metrics for Advanced INSP Traders
Is INSP Growing Revenue?
Last year, INSP revenue was $840.11M. During the last five year, INSP's revenue has grown by 57.33% per year. This was faster than the Medical Devices industry average of 9.45%.
You can research INSP's earnings and revenue performance here.
What are INSP insiders up to?
Over the past year, insiders at INSP have sold more shares than they have bought.
Shawn McCormick, Director of INSP, was the latest INSP insider to sell. They sold $57,600.00 worth of INSP stock on May 2, 2025.
Learn more about who owns INSP shares here.
Can I rely on INSP as an income stream?
No, Inspire Medical Systems doesn't provide an income stream by paying out dividends.
What do other investors have to say about INSP?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your INSP trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, place a limit order.
Hit the Open button and your broker will execute your order.
If you need more assistance buying stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your INSP position
Now that you own some INSP stock, you'll want to keep up with your new company.
Start a watchlist to get the latest updates about your INSP stock.
INSP Feed
How to Buy Stock in Inspire Medical Systems
To summarize, here are the 6 steps for buying Inspire Medical Systems stock:
- Choose where to buy Inspire Medical Systems stock
- Sign up for your brokerage account
- Put funds into your investment account
- Analyze Inspire Medical Systems stock
- Make your INSP trade
- Get notifications regarding your INSP position
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Inspire Medical Systems, create a watchlist today.
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