Execution And Demand IssuesInvestors will struggle to separate ongoing logistics and execution issues from underlying demand issues, and while management guided to an acceleration in 2026 sales, investors do not expect to give them credit for that just yet.
Growth OutlookThe downgrade to HOLD is due to a lower growth outlook and reduced revenue and EPS forecasts.
Guidance And Market ConcernsInspire provided a disappointing update on its 2Q25 call as a significant cut to 2025E guidance took center stage amid worsening concerns around the health of the company’s underlying markets.