Inspire Medical Systems (INSP) Stock Forecast and Price Target 2024 $INSP

Jun 9, 2024
inspire-medical-systems-(insp)-stock-forecast-and-price-target-2024-$insp

Inspire Medical Systems – Analysts’ Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst’s rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock’s consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat’s consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat’s consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 16 Analyst Ratings

Consensus Price Target

High Forecast $371.00
Average Forecast $253.87
Low Forecast $159.00

Type Current Forecast

6/10/23 to 6/9/24
1 Month Ago

5/11/23 to 5/10/24
3 Months Ago

3/12/23 to 3/11/24
1 Year Ago

6/10/22 to 6/10/23
Consensus Rating

Moderate Buy

Moderate Buy

Moderate Buy

Buy

Strong Buy

0 Strong Buy rating(s)

0 Strong Buy rating(s)

0 Strong Buy rating(s)

0 Strong Buy rating(s)

Buy

11 Buy rating(s)

11 Buy rating(s)

8 Buy rating(s)

8 Buy rating(s)

Hold

5 Hold rating(s)

5 Hold rating(s)

4 Hold rating(s)

0 Hold rating(s)

Sell

0 Sell rating(s)

0 Sell rating(s)

0 Sell rating(s)

0 Sell rating(s)

Consensus Price Target $253.87 $256.53 $272.92 $316.89
Forecasted Upside 60.89% Upside 17.49% Upside 21.65% Upside 24.53% Upside

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INSP Analyst Recommendations By Month

The chart below shows how a company’s ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

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INSP Price Targets by Month

The chart below shows how a company’s share price and consensus price target have changed over time. The dark blue line represents the company’s actual price. The lighter blue line represents the stock’s consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

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Inspire Medical Systems Stock vs. The Competition

Type Inspire Medical Systems Medical Companies S&P 500
Consensus Rating Score

2.69

2.70

2.50

Consensus Rating Moderate Buy Moderate Buy Hold
Predicted Upside 60.89% Upside 1,102.10% Upside 11.03% Upside
News Sentiment Rating Positive News

Positive News

Positive News

Recent Analyst Forecasts and Stock Ratings

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 03:22 PM ET.

INSP Frequently Asked Questions

What is Inspire Medical Systems’s stock forecast and purchase recommendation?

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Inspire Medical Systems is $253.87, with a high forecast of $371.00 and a low forecast of $159.00. The consensus rating for Inspire Medical Systems stock is Moderate Buy based on the current 5 hold ratings and 11 buy ratings for INSP. Learn more on INSP’s analyst rating history.

Do Wall Street analysts like Inspire Medical Systems more than its competitors?

Analysts like Inspire Medical Systems less than other “medical” companies. The consensus rating score for Inspire Medical Systems is 2.69 while the average consensus rating score for “medical” companies is 2.70. Learn more on how INSP compares to other companies.

Is Inspire Medical Systems being downgraded by Wall Street analysts?

Over the previous 90 days, Inspire Medical Systems’s stock had 1 downgrade by analysts.

Does Inspire Medical Systems’s stock price have much upside?

According to analysts, Inspire Medical Systems’s stock has a predicted upside of 19.44% based on their 12-month stock forecasts.

What analysts cover Inspire Medical Systems?

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