Wall Street analyst estimates for Inspire Medical Systems, Inc. (INSP): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Inspire Medical Systems, Inc. operates as a medical technology enterprise, concentrating on the development and commercialization of advanced, minimally intrusive therapies for patients diagnosed with obstructive sleep apnea (OSA) across both domestic U.S. and international markets.
Consensus price target
$63.00 (-7 % vs price $68.10)
between $39.00 and $85.00 · 11 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $854M | $841M – $861M | $1.24 | 9 |
| 2027E | $887M | $866M – $898M | $1.47 | 10 |
| 2028E | $945M | $915M – $968M | $1.91 | 5 |
Figures in USD · consensus as of October 30, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 12 |
| Hold | 16 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 28 |
| Avg rating (−2 sell to +2 buy) | 0.43 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-02 | $0.09 | ||
| 2026-08-03 | $0.14 | $-0.24 | +159.3% |
| 2026-05-04 | $0.10 | $-0.28 | +136.3% |
| 2026-02-11 | $1.65 | $0.69 | +139.1% |
| 2025-11-03 | $0.38 | $-0.15 | +353.3% |
| 2025-08-04 | $0.45 | $0.22 | +104.5% |
| 2025-05-05 | $0.10 | $-0.23 | +143.5% |
| 2025-02-10 | $1.15 | $0.74 | +55.4% |
Valuation Ratios
| P/E Ratio | 14.74 |
| Price / Book | 2.37 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.4M | $28.6M | $50.6M | $82.0M | $115.4M | $233.4M | $407.9M | $624.8M | $802.8M | $912.0M |
| Cost of Revenue | $3.9M | $6.0M | $10.1M | $13.6M | $17.6M | $33.3M | $66.1M | $96.6M | $123.0M | $133.2M |
| Gross Profit | $12.5M | $22.5M | $40.5M | $68.4M | $97.8M | $200.1M | $341.7M | $528.2M | $679.8M | $778.8M |
| Research & Development | $7.1M | $6.2M | $7.4M | $12.8M | $26.1M | $37.4M | $68.6M | $116.5M | $114.1M | $103.2M |
| Selling, General & Admin | $22.7M | $32.4M | $53.5M | $90.5M | $127.9M | $202.6M | $320.7M | $452.0M | $529.6M | $624.6M |
| Operating Expenses | $29.8M | $38.6M | $60.9M | $103.3M | $154.0M | $240.0M | $389.3M | $568.5M | $643.7M | $727.8M |
| Operating Income | -$17.3M | -$16.0M | -$20.4M | -$34.9M | -$56.2M | -$39.9M | -$47.6M | -$40.3M | $36.1M | $51.0M |
| EBITDA | -$17.1M | -$15.5M | -$18.1M | -$29.7M | -$54.1M | -$38.6M | -$40.7M | -$17.1M | $65.0M | $79.8M |
| Interest Expense | $1.3M | $1.8M | $3.3M | $2.1M | $2.1M | $2.1M | $1.7M | 0 | $22,000 | $137,000 |
| Pre-tax Income | -$18.5M | -$17.5M | -$21.8M | -$33.2M | -$57.1M | -$42.0M | -$44.3M | -$19.9M | $58.5M | $65.7M |
| Income Tax | 0 | 0 | 0 | $40,000 | $115,000 | $72,000 | $613,000 | $1.2M | $4.9M | -$79.7M |
| Net Income | -$18.5M | -$17.5M | -$21.8M | -$33.2M | -$57.2M | -$42.0M | -$44.9M | -$21.2M | $53.5M | $145.4M |
| EPS | -$1.49 | -$1.30 | -$1.50 | -$1.40 | -$2.19 | -$1.54 | -$1.60 | -$0.72 | $1.80 | $4.95 |
| EPS (Diluted) | -$1.49 | -$1.30 | -$1.50 | -$1.40 | -$2.19 | -$1.54 | -$1.60 | -$0.72 | $1.75 | $4.89 |
| Shares Outstanding (Diluted) | 12.5 M | 13.5 M | 14.6 M | 23.8 M | 26.1 M | 27.3 M | 28.1 M | 29.3 M | 30.5 M | 29.8 M |
Price
| Price | $68.10 (closing price, October 30, 2026) |
| Market Cap | $2.0B |
| Exchange | NYSE |
| Country | US |
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Explore sector: Healthcare · Medical - Devices
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