tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Insulet Appoints Ashley McEvoy as New CEO

Story Highlights
Insulet Appoints Ashley McEvoy as New CEO

Claim 70% Off TipRanks This Holiday Season

Insulet ( (PODD) ) has provided an update.

On April 28, 2025, Insulet Corporation announced the appointment of Ashley McEvoy as President and CEO, succeeding Jim Hollingshead. This leadership change is expected to further the company’s success, as McEvoy brings extensive experience in healthcare leadership and innovation. Under Hollingshead’s tenure, Insulet achieved market leadership in diabetes care with the launch of the Omnipod 5. The company also announced it expects to exceed its first-quarter revenue guidance and plans to raise its full-year 2025 guidance, indicating strong financial performance and growth potential. The planned Investor Day has been postponed due to the CEO transition.

Spark’s Take on PODD Stock

According to Spark, TipRanks’ AI Analyst, PODD is a Outperform.

Insulet Corporation’s strong financial performance and positive earnings call contribute to a favorable overall score. The company’s robust revenue growth, improved profitability, and promising expansion of Omnipod 5 are significant strengths. Technical analysis shows mixed signals, and valuation appears high, which could deter some investors. Overall, the stock is well-positioned for growth but requires careful monitoring of liabilities and valuation metrics.

To see Spark’s full report on PODD stock, click here.

More about Insulet

Insulet Corporation, headquartered in Massachusetts, is an innovative medical device company focused on simplifying life for people with diabetes through its Omnipod product platform. The Omnipod Insulin Management System offers a unique alternative to traditional insulin delivery methods with a tubeless, wearable design that provides continuous insulin delivery. Insulet’s flagship product, the Omnipod 5 Automated Insulin Delivery System, integrates with a continuous glucose monitor and can be controlled via smartphone or the Omnipod 5 Controller.

YTD Price Performance: 1.50%

Average Trading Volume: 794,684

Technical Sentiment Signal: Sell

Current Market Cap: $18.31B

See more insights into PODD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1