Professional
Added to YB: 2024-08-22
Pitch date: 2024-06-30
INSP [bullish]
Inspire Medical Systems, Inc.
-55.13%
current return
Author Info
No bio for this author
Company Info
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) in the United States and internationally.
Market Cap
$1.7B
Pitch Price
$133.24
Price Target
N/A
Dividend
N/A
EV/EBITDA
20.37
P/E
12.35
EV/Sales
1.59
Sector
Health Care Equipment and Supplies
Category
growth
Baron Discovery Fund New Position: Inspire Medical Systems, Inc.
INSP: Inspire Medical offers implantable device for sleep apnea, alternative to CPAP. 24k procedures in 2023, 60k since launch. 8M US CPAP users = large market. Revenue grew from $8M (2015) to est. $783-793M (2024). FDA approved 2014, rapid adoption.
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