NSPR Chart
About

InspireMD, Inc., a medical device company, focuses on the development and commercialization of products for the treatment of carotid artery and other vascular diseases in Europe, Latin America, the Middle East, and the Asia Pacific. The company offers CGuard carotid embolic prevention system (EPS) for use in carotid artery applications; CGuard Prime Stent System, a mesh-covered self-expanding carotid stent; and SwitchGuard neuroprotection system for transcarotid access and neuro protection, as well as treating acute stroke with tandem lesions. It has a strategic agreement with Jacobs Institute to execute an early feasibility study of CGuard Prime for the treatment of acute stroke patients with tandem lesions. The company sells its products through local distribution partners. InspireMD, Inc. was founded in 2005 and is headquartered in Miami, Florida.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Medical Devices Market Cap 77.96M
Enterprise Value 18.36M Income -46.20M Sales 7.78M
Book/sh 1.53 Cash/sh 1.50 Dividend Yield —
Payout 0.00% Employees 66 IPO —
P/E — Forward P/E -2.33 PEG —
P/S 10.02 P/B 1.20 P/C —
EV/EBITDA -0.40 EV/Sales 2.36 Quick Ratio 6.09
Current Ratio 6.51 Debt/Eq 5.26 LT Debt/Eq —
EPS (ttm) -0.82 EPS next Y -0.79 EPS Growth —
Revenue Growth 39.40% Earnings 2026-03-11 ROA -45.46%
ROE -87.61% ROIC — Gross Margin 24.91%
Oper. Margin -5.17% Profit Margin 0.00% Shs Outstand 42.37M
Shs Float 19.94M Short Float 0.09% Short Ratio 0.75
Short Interest — 52W High 3.80 52W Low 1.51
Beta 0.90 Avg Volume 45.43K Volume 19.74K
Target Price $5.00 Recom Buy Prev Close $1.85
Price $1.84 Change -0.54%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$5.00
Mean price target
2. Current target
$1.84
Latest analyst target
3. DCF / Fair value
$-7.03
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.84
Low
$4.00
High
$6.00
Mean
$5.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-05-12 main Piper Sandler Overweight → Overweight $4
2024-12-11 init Lake Street — → Buy $5
2023-11-02 main Piper Sandler Overweight → Overweight $5
2023-06-12 init Piper Sandler — → Overweight $3
2023-05-17 main National Alliance Securities — → Buy $5
2023-03-31 main Alliance Global Partners — → Buy $5
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 61194 99331 — Sale at price 1.57 - 1.66 per share. GLEASON SHANE THOMAS Officer — 2026-02-02 00:00:00 D
1 88053 — — Stock Award(Grant) at price 0.00 per share. BERMAN MICHAEL Director — 2026-01-14 00:00:00 D
2 44030 — — Stock Award(Grant) at price 0.00 per share. COHEN RAYMOND W Director — 2026-01-14 00:00:00 D
3 1114792 — — Stock Award(Grant) at price 0.00 per share. SLOSMAN MARVIN Chief Executive Officer — 2026-01-14 00:00:00 D
4 88053 — — Stock Award(Grant) at price 0.00 per share. ROUBIN GARY S Director — 2026-01-14 00:00:00 D
5 88053 — — Stock Award(Grant) at price 0.00 per share. WARD SCOTT RAYMOND Director — 2026-01-14 00:00:00 D
6 132076 — — Stock Award(Grant) at price 0.00 per share. STUKA PAUL Director — 2026-01-14 00:00:00 D
7 44030 — — Stock Award(Grant) at price 0.00 per share. DEAREN DANNY L Director — 2026-01-14 00:00:00 D
8 226695 — — Stock Award(Grant) at price 0.00 per share. LAWLESS MICHAEL A. Chief Financial Officer — 2026-01-14 00:00:00 D
9 453390 — — Stock Award(Grant) at price 0.00 per share. GLEASON SHANE THOMAS Officer — 2026-01-14 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.210.210.210.27
NormalizedEBITDA-33.22M-20.91M-18.52M-14.55M
NetIncomeFromContinuingOperationNetMinorityInterest-32.01M-19.92M-18.49M-14.92M
ReconciledDepreciation280.00K232.00K188.00K161.00K
ReconciledCostOfRevenue5.50M4.40M4.05M3.74M
EBITDA-33.22M-20.91M-18.52M-14.55M
EBIT-33.50M-21.14M-18.71M-14.72M
NetInterestIncome1.56M1.29M250.00K-157.00K
InterestExpense157.00K
InterestIncome1.56M1.29M250.00K
NormalizedIncome-32.01M-19.92M-18.49M-14.92M
NetIncomeFromContinuingAndDiscontinuedOperation-32.01M-19.92M-18.49M-14.92M
TotalExpenses40.51M27.35M23.88M19.21M
TotalOperatingIncomeAsReported-33.50M-21.14M-18.71M-14.72M
DilutedAverageShares41.93M24.27M7.87M7.35M
BasicAverageShares41.93M24.27M7.87M7.35M
DilutedEPS-0.76-0.82-2.35-2.03
BasicEPS-0.76-0.82-2.35-2.03
DilutedNIAvailtoComStockholders-32.01M-19.92M-18.49M-14.92M
NetIncomeCommonStockholders-32.01M-19.92M-18.49M-14.92M
NetIncome-32.01M-19.92M-18.49M-14.92M
NetIncomeIncludingNoncontrollingInterests-32.01M-19.92M-18.49M-14.92M
NetIncomeContinuousOperations-32.01M-19.92M-18.49M-14.92M
TaxProvision59.00K65.00K28.00K45.00K
PretaxIncome-31.95M-19.85M-18.46M-14.87M
NetNonOperatingInterestIncomeExpense1.56M1.29M250.00K-157.00K
InterestExpenseNonOperating157.00K
InterestIncomeNonOperating1.56M1.29M250.00K
OperatingIncome-33.50M-21.14M-18.71M-14.72M
OperatingExpense35.01M22.95M19.83M15.47M
ResearchAndDevelopment13.63M7.98M7.81M5.16M
SellingGeneralAndAdministration21.38M14.97M12.02M10.31M
SellingAndMarketingExpense6.07M3.87M3.66M2.91M
GeneralAndAdministrativeExpense15.31M11.10M8.36M7.41M
OtherGandA15.31M11.10M8.36M7.41M
GrossProfit1.51M1.81M1.12M754.00K
CostOfRevenue5.50M4.40M4.05M3.74M
TotalRevenue7.01M6.21M5.17M4.50M
OperatingRevenue7.01M6.21M5.17M4.50M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber26.61M21.84M8.33M8.30M
ShareIssued26.61M21.84M8.33M8.30M
TotalDebt2.34M1.59M1.61M1.20M
TangibleBookValue36.09M39.50M17.39M33.53M
InvestedCapital36.09M39.50M17.39M33.53M
WorkingCapital32.84M38.14M16.26M32.75M
NetTangibleAssets36.09M39.50M17.39M33.53M
CapitalLeaseObligations2.34M1.59M1.61M1.20M
CommonStockEquity36.09M39.50M17.39M33.53M
TotalCapitalization36.09M39.50M17.39M33.53M
TotalEquityGrossMinorityInterest36.09M39.50M17.39M33.53M
StockholdersEquity36.09M39.50M17.39M33.53M
RetainedEarnings-253.51M-221.50M-201.59M-183.09M
AdditionalPaidInCapital289.59M261.00M218.98M216.62M
CapitalStock3.00K2.00K1.00K1.00K
CommonStock3.00K2.00K1.00K1.00K
TotalLiabilitiesNetMinorityInterest10.72M8.14M7.26M6.18M
TotalNonCurrentLiabilitiesNetMinorityInterest3.04M2.12M2.19M1.83M
EmployeeBenefits1.25M1.08M995.00K1.05M
NonCurrentPensionAndOtherPostretirementBenefitPlans1.25M1.08M995.00K1.05M
LongTermDebtAndCapitalLeaseObligation1.80M1.04M1.20M781.00K
LongTermCapitalLeaseObligation1.80M1.04M1.20M781.00K
CurrentLiabilities7.68M6.02M5.07M4.35M
CurrentDebtAndCapitalLeaseObligation542.00K557.00K419.00K420.00K
CurrentCapitalLeaseObligation542.00K557.00K419.00K420.00K
PensionandOtherPostRetirementBenefitPlansCurrent3.41M2.19M1.85M1.51M
PayablesAndAccruedExpenses3.72M3.27M2.80M2.42M
CurrentAccruedExpenses2.21M2.15M2.01M1.37M
Payables1.51M1.13M789.00K1.05M
OtherPayable255.00K190.00K130.00K155.00K
AccountsPayable1.25M939.00K659.00K893.00K
TotalAssets46.81M47.64M24.65M39.71M
TotalNonCurrentAssets6.29M3.48M3.33M2.62M
DefinedPensionBenefit1.13M951.00K856.00K905.00K
NonCurrentPrepaidAssets426.00K0.00
NetPPE4.73M2.53M2.47M1.71M
AccumulatedDepreciation-2.32M-2.04M-1.91M-1.73M
GrossPPE7.05M4.57M4.38M3.44M
Leases861.00K724.00K494.00K243.00K
OtherProperties2.36M1.47M1.55M1.08M
MachineryFurnitureEquipment3.83M2.38M2.33M2.12M
CurrentAssets40.52M44.16M21.33M37.09M
PrepaidAssets1.06M578.00K655.00K522.00K
Inventory2.57M2.11M1.62M1.14M
FinishedGoods18.00K210.00K179.00K92.00K
WorkInProcess638.00K562.00K510.00K436.00K
RawMaterials1.91M1.33M932.00K615.00K
Receivables2.25M2.45M1.25M1.39M
OtherReceivables682.00K648.00K213.00K165.00K
AccountsReceivable1.57M1.80M1.03M1.22M
CashCashEquivalentsAndShortTermInvestments34.64M39.02M17.80M34.04M
OtherShortTermInvestments15.72M29.38M13.17M22.04M
CashAndCashEquivalents18.92M9.64M4.63M12.00M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-23.27M-16.76M-16.02M-13.55M
IssuanceOfCapitalStock1.60M37.53M0.0035.03M
CapitalExpenditure-1.40M-381.00K-473.00K-344.00K
EndCashPosition18.92M9.64M4.63M12.00M
BeginningCashPosition9.64M4.63M12.00M12.64M
EffectOfExchangeRateChanges51.00K-58.00K-131.00K-8.00K
ChangesInCash9.22M5.07M-7.24M-633.00K
FinancingCashFlow18.45M37.53M-140.00K35.03M
CashFlowFromContinuingFinancingActivities18.45M37.53M-140.00K35.03M
NetOtherFinancingCharges-140.00K
ProceedsFromStockOptionExercised16.85M0.00
NetCommonStockIssuance1.60M37.53M0.0035.03M
CommonStockIssuance1.60M37.53M0.0035.03M
InvestingCashFlow12.64M-16.09M8.44M-22.46M
CashFlowFromContinuingInvestingActivities12.64M-16.09M8.44M-22.46M
NetOtherInvestingChanges-87.00K-79.00K-86.00K-113.00K
NetInvestmentPurchaseAndSale14.13M-15.64M9.00M-22.00M
SaleOfInvestment29.00M24.50M28.00M2.00M
PurchaseOfInvestment-14.87M-40.14M-19.00M-24.00M
NetPPEPurchaseAndSale-1.40M-369.00K-473.00K-344.00K
SaleOfPPE0.0012.00K0.000.00
PurchaseOfPPE-1.40M-381.00K-473.00K-344.00K
OperatingCashFlow-21.87M-16.38M-15.54M-13.21M
CashFlowFromContinuingOperatingActivities-21.87M-16.38M-15.54M-13.21M
ChangeInWorkingCapital736.00K-801.00K395.00K-61.00K
ChangeInOtherWorkingCapital-14.00K
ChangeInPayablesAndAccruedExpense1.48M812.00K724.00K622.00K
ChangeInPayable1.48M812.00K724.00K622.00K
ChangeInAccountPayable315.00K280.00K-234.00K657.00K
ChangeInPrepaidAssets-482.00K77.00K7.00K-188.00K
ChangeInInventory-464.00K-485.00K-478.00K272.00K
ChangeInReceivables198.00K-1.21M142.00K-767.00K
ChangesInAccountReceivables232.00K-770.00K190.00K-748.00K
OtherNonCashItems-195.00K291.00K-64.00K-42.00K
StockBasedCompensation10.14M4.49M2.35M1.58M
UnrealizedGainLossOnInvestmentSecurities-894.00K-739.00K0.00
DepreciationAmortizationDepletion280.00K232.00K188.00K161.00K
DepreciationAndAmortization280.00K232.00K188.00K161.00K
Depreciation280.00K232.00K
OperatingGainsLosses72.00K67.00K78.00K74.00K
PensionAndEmployeeBenefitExpense72.00K73.00K78.00K75.00K
GainLossOnSaleOfPPE0.00-6.00K0.00-1.00K
NetIncomeFromContinuingOperations-32.01M-19.92M-18.49M-14.92M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for NSPR
Date User Asset Broker Type Position Size Entry Price Patterns