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 $144.70, down 3.67% from the previous day, and has decreased 35.75% in one year. It has underperformed other stocks in the Medical Devices industry by 0.17 percentage points. Inspire Medical Systems stock is currently +17.64% from its 52-week low of $123.00, and -43.78% from its 52-week high of $257.40.
There are currently 29.67M INSP shares outstanding. The market capitalization of INSP is $4.29B. In the last 24 hours, 294,859 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.
Our recommended brokerage: eToro
We believe that eToro is the best stock brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world markets: From Tech to Real Estate, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro now. This offer is only for US users.
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 80.39x, relative to Medical Devices industry P/E ratio of 40.34x
- INSP may be overvalued based on its P/B ratio of 6.22x, relative to Medical Devices industry P/B ratio of 3.74x
- INSP may be overvalued based on its PEG ratio of 2.35x
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 $58.48M 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 -3.4% to 6.7% in the past year.
- INSP has a low debt to equity ratio of 0.17.
- There are more short-term assets than long-term liabilities on the INSP balance sheet.
- INSP's operating cash flow of $130.25M allows it to safely service it's debt of $30.04M.
Is it a good time to buy INSP stock, according to Wall Street analysts?
Out of 10 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
Larry Biegelsen, a top 14% analyst from Wells Fargo maintains INSP with a hold rating and lowers their INSP price target from $198.00 to $195.00, on Feb 11, 2025.
Kallum Titchmarsh, a bottom 31% analyst from Morgan Stanley maintains INSP with a strong buy rating and lowers their INSP price target from $230.00 to $220.00, on Feb 11, 2025.
Adam Maeder, a top 12% 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 32% 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.
Bob Hopkins, a bottom 1% analyst from Bank of America upgrades INSP to a strong buy rating and raises their INSP price target from $220.00 to $255.00, on Nov 20, 2024.
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 $802.80M. During the last five year, INSP's revenue has grown by 57.8% per year. This was faster than the Medical Devices industry average of 9.8%.
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.
Shelley G. Broader, Director of INSP, was the latest INSP insider to buy. They bought $17,365.20 worth of INSP stock on Apr 14, 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.
Related Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.