Skip to main content
INSP logo

INSP · Inspire Medical Systems, Inc.

Track INSP — free
$61.69 +4.31 (+7.51%) At close · Aug 19
Market Cap
$1.78B
Shares
28.91M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$61.69 Open$57.80 Day$57.80–61.96 52W close$40.05–143.99 Avg vol 30d795K Short int3.9M · 13.6% float · 5.0d Short vol60% Last earningsAug 3, 2026 DataJan 2020–Aug 2026 Filing10-Q · Aug 3

Up next

Next earnings call
Nov 2, 2026 Est · unconfirmed · in 11 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Aug 3, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Sell
      SellHoldBuy
      Technical Neutral Momentum Weak Sentiment Neutral Fundamentals Excellent Quant / Vol Very High
      Market backdrop VIX 14.9 · calm Equity put/call 0.52
      Technical
      price trend
      Neutral
      50 / 200-day cross No cross
      Price vs 200-day avg −9%
      below
      Price vs 50-day avg +23%
      above
      RSI (14) 66
      neutral
      MACD trend Negative
      52-week position 21%
      mid-range
      Volume (OBV) Confirms
      volume backs price
      Momentum
      relative strength
      Weak
      1-month return +22%
      trailing
      6-month return −9%
      trailing
      YTD return −33%
      this year
      Relative strength −21%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $50 › 200d $67 — 200d above 50d
      Institutional flow Distributing
      -9% holders QoQ · +69 funds added
      Insider flow Distributing
      Net -$57.3K over 90 days · 100% sells
      Short interest Falling
      13.56% of float · ▼ -9.8% MoM · 5.0 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr low
      276 holders — near 3-yr low, contrarian setup
      Squeeze score 72
      high risk · 0–100
      Fundamentals
      Excellent
      Revenue growth +62%
      Y/Y
      Gross margin 949%
      contracting
      EPS growth +179%
      Y/Y
      Free cash flow $78.5M
      Valuation P/E 13.6
      below peers
      Buyback $100.0M
      remaining
      Balance sheet $80.3M
      net cash
      Quant / Vol
      risk profile
      Very High
      Volatility 71%
      annualized · 1-yr
      Max drawdown −72%
      past year
      ATR 4.3%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Beat or met 4 of last 4
      Latest guidance · from the 8-K filed Aug 3, 2026
      Revenue · Full Year 2026 Lowered $835M – $875M
      Jan 12, 2026 $1B – $1.01B changed to Aug 3, 2026 $835M – $875M
      prior FY $911.98M midpoint −6.2% Y/Y
      Adjusted operating margin · Full Year 2026 Initiated 4% – 6%
      Diluted EPS · Full Year 2026 Initiated $-0.42 – $0.17
      prior FY $4.89 midpoint −102.6% Y/Y
      Effective tax rate · Full Year 2026 Initiated 95% – 100%
      Adjusted diluted EPS · Full Year 2026 Initiated $1.05 – $1.45
      Prior guidance period ended · from the 8-K filed Nov 3, 2025
      Full year 2025 gross margin · full year 2025 84% – 86%
      FY2025 revenue · FY2025 $900M – $910M
      FY2025 EPS · FY2025 $0.90 – $1.00
      Guided vs delivered · last 4 settled
      FY2025 revenue FY2025
      guided $900M – $910M
      $911.98M Beat +0.8%
      FY2025 EPS FY2025
      guided $0.90 – $1.00
      $4.89 Beat +414.7%
      Full year revenue full year 2024
      guided $775M – $785M
      $802.8M Beat +2.9%
      Full-year revenue full-year 2023
      guided $608M – $612M
      $624.8M Beat +2.4%

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Neutral
      2 · 4 · 1
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      −9% Bearish
      Price vs 50-day avg
      +23% Bullish
      RSI (14)
      66 Neutral
      MACD trend
      Negative Bearish
      52-week position
      21% Neutral
      Volume (OBV)
      Confirms Neutral
      Market signals — smart money & positioning
      Bearish · 2 of 6
      Trend (MA cross) No cross
      50d $50 › 200d $67 — 200d above 50d
      Institutional flow Distributing
      -9% holders QoQ · +69 funds added
      Insider flow Distributing
      Net -$57.3K over 90 days · 100% sells
      Short interest Falling
      13.56% of float · ▼ -9.8% MoM · 5.0 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr low
      276 holders — near 3-yr low, contrarian setup
      Price context
      position in its 52-week range
      Range low $40 Now $62 · 21% Range high $144
      vs 200-day avg -9% vs 50-day avg +23%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      Adjusted EBITDA margin non-GAAP 18.5% Six Months Ended June 30, 2026
      Adjusted operating margin non-GAAP 0.9% Six Months Ended June 30, 2026

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Medical Devices — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      INSP
      Inspire Medical Systems, Inc.
      this stock
      $1.78B -33.1% +62.2% 13.6 13.6%
      ABT
      Abbott Laboratories
      $196.27B -8.7% +5.7% 31.6 1.3%
      SYK
      Stryker Corp
      $127.34B -3.3% +11.2% 34.4 2.2%
      MDT
      Medtronic plc
      $115.97B -2.0% +8.4% 24.3 1.4%
      BSX
      Boston Scientific Corp
      $73.14B -45.5% +12.5% 20.4 1.5%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      276
      % held
      128.7%
      Net QoQ
      +2.0M sh
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      303
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      3.9M
      Days to cover
      5.0d
      Change
      -424.3K sh
      View
      Short Volume
      Short vol %
      60%
      As of
      Aug 19, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      152
      Value
      $7.8K
      As of
      Jul 30, 2026
      View
      Off-Exchange
      Off-exchange %
      39.5%
      Week of
      Jul 13, 2026
      Off-exch Lit
      View
      Smart Money
      Insider Trades Net selling
      Net (90d)
      -$57.3K
      Buyers / Sellers
      0 / 1
      Buyers Sellers
      View
      Congressional Trades Sell
      Member
      Daniel Goldman
      Amount
      $1.0K–$15.0K
      Traded
      Apr 10, 2023
      View
      Financials
      Financials
      Revenue (FY)
      $912.0M
      Net income (FY)
      $145.4M
      EPS diluted
      $4.89
      View
      Buybacks
      Authorized
      $200.0M
      Remaining
      $100.0M
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Aug 3, 2026
      This year
      12
      View
      Proposed Sales
      Value
      $57.3K
      Shares
      963
      Filed
      Aug 7, 2026
      View
      Earnings & Events
      Earnings Calls
      Last call
      Aug 3, 2026
      View
      Investor Relations
      Latest news
      Inspire Medical Systems, Inc. Ann…
      Published
      Aug 3, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      INSP +5.9% +22.4% -9.4% +22.9% -33.1%
      SPY -0.4% +2.9% +11.6% +3.0% +12.8%
      vs SPY +6.3% +19.5% -20.9% +19.9% -45.9%

      Capital returns

      Buyback program · as of Jun 30, 2026
      Authorized
      $200.00M
      Spent (derived)
      $100.00M
      Remaining
      $100.00M
      Spent Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1609550 CUSIP 457730109 13F (30d) 264 filings 248 filers Visit website Investor relations