INSP
Inspire Medical Systems, Inc. Healthcare - Medical Devices Investor Relations →
Inspire Medical Systems, Inc. (INSP) closed at $65.70 as of 2026-02-02, trading 64.6% below its 200-week moving average of $185.82. This places INSP in the extreme value zone. The stock is currently moving closer to the line, down from -59.4% last week. The 14-week RSI sits at 48, indicating neutral momentum.
Over the past 357 weeks of data, INSP has crossed below its 200-week moving average 4 times. On average, these episodes lasted 30 weeks. Historically, investors who bought INSP at the start of these episodes saw an average one-year return of +118.3%.
With a market cap of $1943 million, INSP is a small-cap stock. The company generates a free cash flow yield of 3.8%. Return on equity stands at 6.5%. The stock trades at 2.9x book value.
Share count has increased 8.5% over three years, indicating dilution.
Over the past 6.9 years, a hypothetical investment of $100 in INSP would have grown to $126, compared to $260 for the S&P 500. INSP has returned 3.5% annualized vs 14.8% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: INSP vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After INSP Crosses Below the Line?
Across 4 historical episodes, buying INSP when it crossed below its 200-week moving average produced an average return of +79.0% after 12 months (median +8.0%), compared to +31.0% for the S&P 500 over the same periods. 75% of those episodes were profitable after one year. After 24 months, the average return was +104.7% vs +60.0% for the index.
Each line shows $100 invested at the moment INSP crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
INSP has crossed below its 200-week MA 4 times with an average 1-year return of +118.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2020 | Apr 2020 | 3 | 17.0% | +346.3% | +43.3% |
| Sep 2023 | Jan 2024 | 17 | 35.5% | +15.1% | -64.5% |
| Feb 2024 | Mar 2024 | 7 | 10.0% | -6.5% | -66.3% |
| May 2024 | Ongoing | 92+ | 64.6% | Ongoing | -60.9% |
| Average | 30 | — | +118.3% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02