Professional
Added to YB: 2024-07-18
Pitch date: 2024-07-12
INSP [bullish]
Inspire Medical Systems, Inc.
-60.64%
current return
Author Info
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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
$1.8B
Pitch Price
$137.55
Price Target
N/A
Dividend
N/A
EV/EBITDA
21.95
P/E
13.15
EV/Sales
1.71
Sector
Health Care Equipment and Supplies
Category
turnaround
Headwaters Capital Portfolio Holding: Inspire Medical Systems, Inc.
INSP -38%: Q2 challenges - utilization plateau, LLY drug threat, competitor FDA approval looming. Key concern: existing center utilization. Inspire V (2025) to boost efficiency. Weight loss drugs likely neutral/positive long-term. Competing product minimal impact. Insurance coverage temporary headwind. Still 20%+ growth, improving profits. Large TAM justifies higher multiple. Awaiting 2025 improvement.
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