Bullish Case: Inspire Medical's strong Q4 earnings, alongside strategic growth investments, forecast a potential upside. Its dominance in sleep apnea treatment could continue to drive price performance.


Bearish Case: Inspire Medical's high price-to-book ratio, along with ongoing fiduciary lawsuits, create uncertainty, potentially undermining investors' confidence and share value.


Potential Outcomes:

1) Strong sales and market position lead to a 25% stock price increase (35%).

2) Ongoing legal issues precipitate a 15% decline (40%).

3) Stagnant period persists due to market skepticism (25%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 13, 2024


Inspire Medical Systems Forecast

INSP        Inspire Medical Systems
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with INSP



ESTA Forecast + Options Trading Strategies   ESTA  Establishment Labs (0.9)


ALK Forecast + Options Trading Strategies   ALK  Alaska Air (0.89)


CNHI Forecast + Options Trading Strategies   CNHI  CNH Industrial (0.89)


BYD Forecast + Options Trading Strategies   BYD  Boyd Gaming (0.87)


CAG Forecast + Options Trading Strategies   CAG  Conagra Brands (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to INSP



DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (0.0)


TFC Forecast + Options Trading Strategies   TFC  Truist Financial (0.0)


CSCO Forecast + Options Trading Strategies   CSCO  Cisco Systems (0.0)


VIRT Forecast + Options Trading Strategies   VIRT  Virtu Financial (0.01)


AAPL Forecast + Options Trading Strategies   AAPL  Apple (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against INSP



NFE Forecast + Options Trading Strategies   NFE  New Fortress Energy (-0.75)


TIGR Forecast + Options Trading Strategies   TIGR  UP Fintech (-0.75)


CME Forecast + Options Trading Strategies   CME  CME (-0.76)


CQP Forecast + Options Trading Strategies   CQP  Cheniere Energy (-0.78)


CWCO Forecast + Options Trading Strategies   CWCO  Consolidated Water (-0.81)





Become a more profitable investor with AI optimized trading strategies






×

Chat with INSP


 Ask any question about INSP!