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Inspire Medical price target lowered to $45 from $56 at RBC Capital

RBC Capital lowered the firm’s price target on Inspire Medical (INSP) to $45 from $56 and keeps a Sector Perform rating on the shares. The company lowered its 2026 revenue guidance to a decline of 4% to 10% from growth of 4% to 10% due to accelerated Inspire 5 coding headwinds, the analyst tells investors in a research note. This, along with the implementation of the WISeR program and modest GLP-1 headwind, will negatively impact Inspire procedure throughout 2026, with potential for some stability into 2027, the firm added.

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