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NYSE: INSP
Inspire Medical Systems Inc Stock Forecast, Predictions & Price Target

Analyst price target for INSP

Based on 7 analysts offering 12 month price targets for Inspire Medical Systems Inc.
Min Forecast
$187.00-20.06%
Avg Forecast
$248.57+6.26%
Max Forecast
$285.00+21.83%

Should I buy or sell INSP stock?

Based on 7 analysts offering ratings for Inspire Medical Systems Inc.
Strong Buy
Strong Buy
4 analysts 57.14%
Buy
1 analysts 14.29%
Hold
2 analysts 28.57%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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INSP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-19
lockedlocked$00.00+00.00%2024-03-27
lockedlocked$00.00+00.00%2024-03-20
lockedlocked$00.00+00.00%2024-03-19
lockedlocked$00.00+00.00%2024-02-06
Anonymous
Jefferies
Strong BuyInitiates Coverage On$245.00+4.73%2024-01-19
Stifel Nicolaus
Top 38%
63
HoldDowngrades$210.00-10.23%2024-01-02
Wells Fargo
Top 13%
88
HoldDowngrades$187.00-20.06%2023-12-13

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Forecast return on equity

Is INSP forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.5%

Forecast return on assets

Is INSP forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

INSP revenue forecast

What is INSP's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$782.9M+25.3%
Avg 2 year Forecast
$950.9M+52.19%
Avg 3 year Forecast
$1.1B+80.93%
INSP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

INSP revenue growth forecast

How is INSP forecast to perform vs Medical Devices companies and vs the US market?
Company
21.76%
Industry
8.28%
Market
10.16%
INSP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
INSP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

INSP vs Medical Device Stocks

TickerPricePrice TargetUp/downsideConsensus
INSP$233.93$248.57+6.26%Strong Buy
GMED$51.27$63.00+22.88%Buy
MASI$136.95$136.67-0.21%Buy
PEN$205.70$274.71+33.55%Strong Buy
BIO$285.28$421.67+47.81%Buy

Inspire Medical Systems Stock Forecast FAQ

Is Inspire Medical Systems Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: INSP) stock is to Strong Buy INSP stock.

Out of 7 analysts, 4 (57.14%) are recommending INSP as a Strong Buy, 1 (14.29%) are recommending INSP as a Buy, 2 (28.57%) are recommending INSP as a Hold, 0 (0%) are recommending INSP as a Sell, and 0 (0%) are recommending INSP as a Strong Sell.

If you're new to stock investing, here's how to buy Inspire Medical Systems stock.

What is INSP's revenue growth forecast for 2024-2026?

(NYSE: INSP) Inspire Medical Systems's forecast annual revenue growth rate of 21.76% is forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 8.28%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.16%.

Inspire Medical Systems's revenue in 2024 is $624,799,000.On average, 9 Wall Street analysts forecast INSP's revenue for 2024 to be $23,161,083,273, with the lowest INSP revenue forecast at $22,955,082,194, and the highest INSP revenue forecast at $23,552,701,294. On average, 9 Wall Street analysts forecast INSP's revenue for 2025 to be $28,131,291,989, with the lowest INSP revenue forecast at $26,614,759,558, and the highest INSP revenue forecast at $29,491,910,922.

In 2026, INSP is forecast to generate $33,444,184,966 in revenue, with the lowest revenue forecast at $31,561,388,947 and the highest revenue forecast at $34,856,281,980.

What is INSP's forecast return on assets (ROA) for 2024-2027?

(NYSE: INSP) forecast ROA is N/A, which is lower than the forecast US Medical Devices industry average of N/A.

What is INSP's Price Target?

According to 7 Wall Street analysts that have issued a 1 year INSP price target, the average INSP price target is $248.57, with the highest INSP stock price forecast at $285.00 and the lowest INSP stock price forecast at $187.00.

On average, Wall Street analysts predict that Inspire Medical Systems's share price could reach $248.57 by Apr 19, 2025. The average Inspire Medical Systems stock price prediction forecasts a potential upside of 6.26% from the current INSP share price of $233.93.

What is INSP's forecast return on equity (ROE) for 2024-2027?

(NYSE: INSP) forecast ROE is N/A, which is considered weak.
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