InMode (INMD) Stock Forecast, Price Target & Predictions
INMD Stock Forecast
InMode stock forecast is as follows: an average price target of $31.40 (represents a 80.77% upside from INMD’s last price of $17.37) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
INMD Price Target
The average price target for InMode (INMD) is $31.40 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $58.00 to $16.00. This represents a potential 80.77% upside from INMD's last price of $17.37.
INMD Analyst Ratings
According to 5 Wall Street analysts, InMode's rating consensus is 'Hold'. The analyst rating breakdown for INMD stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 3 'Hold' (60.00%), 1 'Sell' (20.00%), and 0 'Strong Sell' (0.00%).
InMode Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 23, 2024 | Matthew Taylor | Jefferies | $19.00 | $17.75 | 7.04% | 9.38% |
| Jul 12, 2024 | Caitlin Cronin | Canaccord Genuity | $16.00 | $16.82 | -4.88% | -7.89% |
| May 03, 2024 | Danielle Antalffy | UBS | $20.00 | $17.36 | 15.21% | 15.14% |
| Oct 13, 2023 | Caitlin Cronin | Canaccord Genuity | $22.00 | $20.75 | 6.02% | 26.66% |
| Dec 21, 2022 | - | Barclays | $44.00 | $35.22 | 24.93% | 153.31% |
| May 03, 2022 | - | Needham | $58.00 | $25.61 | 126.47% | 233.91% |
| Feb 11, 2022 | Matthew Taylor | UBS | $90.00 | $47.01 | 91.45% | 418.13% |
The latest InMode stock forecast, released on Jul 23, 2024 by Matthew Taylor from Jefferies, set a price target of $19.00, which represents a 7.04% increase from the stock price at the time of the forecast ($17.75), and a 9.38% increase from INMD last price ($17.37).
InMode Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 4 |
| Avg Price Target | - | $17.50 | $19.25 |
| Last Closing Price | $17.37 | $17.37 | $17.37 |
| Upside/Downside | -100.00% | 0.75% | 10.82% |
In the current month, the average price target of InMode stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to InMode's last price of $17.37. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 23, 2024 | Jefferies | - | Hold | Downgrade |
| May 03, 2024 | UBS | Neutral | Neutral | Hold |
| Oct 13, 2023 | Canaccord Genuity | Buy | Hold | Downgrade |
| Feb 17, 2023 | Needham | Buy | Negative | Downgrade |
| Dec 21, 2022 | Barclays | - | Overweight | Initialise |
| Jun 30, 2022 | Canaccord Genuity | Buy | Buy | Hold |
| May 03, 2022 | Needham | Buy | Buy | Hold |
| Feb 11, 2022 | UBS | Buy | Buy | Hold |
InMode's last stock rating was published by Jefferies on Jul 23, 2024. The company Downgrade its INMD rating from "null" to "Hold".
InMode Financial Forecast
InMode Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $106.07M | $133.57M | $121.23M | $113.55M | $85.92M | $110.54M | $94.18M | $87.33M | $65.52M | $75.19M | $59.71M | $30.77M | $40.44M | $47.00M | $40.01M |
| Avg Forecast | $141.67M | $131.26M | $115.85M | $106.86M | $136.22M | $121.46M | $105.50M | $96.24M | $138.17M | $118.08M | $104.81M | $91.41M | $124.77M | $131.26M | $132.55M | $101.44M | $129.69M | $113.52M | $103.15M | $80.23M | $104.98M | $89.38M | $76.82M | $56.20M | $70.76M | $52.60M | $20.22M | $38.96M | $42.48M | $35.74M |
| High Forecast | $161.61M | $149.73M | $132.15M | $121.91M | $155.39M | $138.56M | $120.35M | $109.78M | $157.62M | $134.70M | $119.56M | $104.28M | $142.33M | $137.95M | $151.20M | $115.72M | $147.95M | $129.50M | $103.15M | $83.24M | $108.93M | $92.74M | $79.71M | $58.31M | $73.42M | $54.58M | $20.98M | $40.43M | $44.08M | $37.08M |
| Low Forecast | $123.45M | $114.38M | $100.95M | $93.13M | $118.71M | $105.85M | $91.93M | $83.87M | $120.41M | $102.90M | $91.33M | $79.66M | $108.73M | $122.07M | $115.51M | $88.40M | $113.02M | $98.93M | $103.15M | $77.38M | $101.26M | $86.21M | $74.10M | $54.21M | $68.25M | $50.73M | $19.51M | $37.58M | $40.98M | $34.47M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 5 | 4 | 4 | 5 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.03% | 1.07% | 1.10% | 1.07% | 1.05% | 1.05% | 1.14% | 1.17% | 1.06% | 1.14% | 1.52% | 1.04% | 1.11% | 1.12% |
InMode's average Quarter revenue forecast for Jun 23 based on 3 analysts is $132.55M, with a low forecast of $115.51M, and a high forecast of $151.20M. INMD's average Quarter revenue forecast represents a 24.96% increase compared to the company's last Quarter revenue of $106.07M (Mar 23).
InMode EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 5 | 4 | 4 | 5 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $41.19M | $60.12M | $53.91M | $49.36M | $35.15M | $54.53M | $45.15M | $42.52M | $26.87M | $38.05M | $25.01M | $9.49M | $7.41M | $20.45M | $17.01M |
| Avg Forecast | $57.93M | $53.67M | $47.37M | $43.70M | $55.70M | $49.67M | $43.14M | $39.35M | $56.50M | $48.28M | $42.85M | $29.42M | $51.02M | $53.67M | $54.20M | $31.47M | $53.03M | $15.56M | $42.17M | $33.66M | $42.93M | $36.55M | $31.41M | $18.73M | $28.10M | $16.64M | $8.27M | $7.27M | $15.23M | $9.92M |
| High Forecast | $66.08M | $61.22M | $54.03M | $49.85M | $63.54M | $56.66M | $49.21M | $44.89M | $64.45M | $55.07M | $48.89M | $35.31M | $58.20M | $56.41M | $61.82M | $37.76M | $60.49M | $18.67M | $42.17M | $40.39M | $44.54M | $37.92M | $32.59M | $22.47M | $33.72M | $19.97M | $8.58M | $8.73M | $18.28M | $11.90M |
| Low Forecast | $50.48M | $46.77M | $41.28M | $38.08M | $48.54M | $43.28M | $37.59M | $34.29M | $49.23M | $42.07M | $37.35M | $23.54M | $44.46M | $49.91M | $47.23M | $25.17M | $46.21M | $12.45M | $42.17M | $26.92M | $41.40M | $35.25M | $30.30M | $14.98M | $22.48M | $13.32M | $7.98M | $5.82M | $12.18M | $7.93M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.31% | 1.13% | 3.46% | 1.17% | 1.04% | 1.27% | 1.24% | 1.35% | 1.43% | 1.35% | 1.50% | 1.15% | 1.02% | 1.34% | 1.71% |
3 analysts predict INMD's average Quarter EBITDA for Jun 23 to be $54.20M, with a high of $61.82M and a low of $47.23M. This is 31.59% upper than InMode's previous annual EBITDA (Mar 23) of $41.19M.
InMode Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 5 | 4 | 4 | 5 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $40.51M | $37.71M | $48.79M | $44.05M | $30.98M | $52.69M | $44.72M | $40.92M | $26.64M | $36.11M | $23.89M | $8.59M | $6.55M | $19.04M | $16.19M |
| Avg Forecast | $59.50M | $54.41M | $49.64M | $45.84M | $53.92M | $47.67M | $41.80M | $38.63M | $61.54M | $43.54M | $32.84M | $25.65M | $56.41M | $55.02M | $55.90M | $27.44M | $57.24M | $15.36M | $44.10M | $29.34M | $49.43M | $43.13M | $37.36M | $18.60M | $27.56M | $16.43M | $46.38M | $7.02M | $15.03M | $9.71M |
| High Forecast | $70.39M | $64.36M | $58.73M | $54.23M | $63.79M | $56.40M | $49.44M | $45.70M | $72.80M | $51.50M | $38.85M | $30.78M | $66.73M | $57.60M | $66.13M | $32.92M | $67.71M | $18.43M | $44.10M | $35.21M | $51.84M | $45.24M | $39.18M | $22.32M | $33.07M | $19.71M | $55.65M | $8.42M | $18.04M | $11.65M |
| Low Forecast | $49.56M | $45.32M | $41.35M | $38.18M | $44.91M | $39.71M | $34.81M | $32.17M | $51.25M | $36.26M | $27.35M | $20.52M | $46.98M | $51.58M | $46.56M | $21.95M | $47.67M | $12.29M | $44.10M | $23.48M | $47.15M | $41.14M | $35.64M | $14.88M | $22.05M | $13.14M | $37.10M | $5.61M | $12.02M | $7.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.48% | 0.66% | 3.18% | 1.00% | 1.06% | 1.07% | 1.04% | 1.10% | 1.43% | 1.31% | 1.45% | 0.19% | 0.93% | 1.27% | 1.67% |
InMode's average Quarter net income forecast for Jun 23 is $55.90M, with a range of $46.56M to $66.13M. INMD's average Quarter net income forecast represents a 38.00% increase compared to the company's last Quarter net income of $40.51M (Mar 23).
InMode SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 5 | 4 | 4 | 5 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $43.72M | $49.41M | $45.56M | $42.22M | $33.33M | $37.81M | $32.97M | $30.61M | $26.37M | $26.91M | $25.07M | $16.15M | $24.82M | $21.39M | $17.65M |
| Avg Forecast | $58.01M | $53.75M | $47.44M | $43.76M | $55.78M | $49.74M | $43.20M | $39.41M | $56.58M | $48.35M | $42.92M | $27.60M | $51.10M | $53.75M | $54.28M | $29.52M | $53.11M | $16.11M | $42.24M | $31.57M | $42.99M | $36.60M | $31.46M | $18.41M | $20.54M | $17.23M | $8.28M | $27.08M | $16.89M | $10.59M |
| High Forecast | $66.18M | $61.32M | $54.12M | $49.92M | $63.63M | $56.74M | $49.28M | $44.96M | $64.55M | $55.16M | $48.96M | $33.12M | $58.29M | $56.49M | $61.92M | $35.42M | $60.59M | $19.34M | $42.24M | $37.89M | $44.61M | $37.98M | $32.64M | $22.09M | $24.65M | $20.68M | $8.59M | $32.49M | $20.27M | $12.71M |
| Low Forecast | $50.56M | $46.84M | $41.34M | $38.14M | $48.61M | $43.35M | $37.65M | $34.34M | $49.31M | $42.14M | $37.40M | $22.08M | $44.53M | $49.99M | $47.30M | $23.62M | $46.28M | $12.89M | $42.24M | $25.26M | $41.47M | $35.30M | $30.34M | $14.73M | $16.43M | $13.79M | $7.99M | $21.66M | $13.51M | $8.47M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.48% | 0.93% | 2.83% | 1.00% | 1.06% | 0.88% | 0.90% | 0.97% | 1.43% | 1.31% | 1.45% | 1.95% | 0.92% | 1.27% | 1.67% |
InMode's average Quarter SG&A projection for Jun 23 is $54.28M, based on 3 Wall Street analysts, with a range of $47.30M to $61.92M. The forecast indicates a 24.15% rise compared to INMD last annual SG&A of $43.72M (Mar 23).
InMode EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 5 | 4 | 4 | 5 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.49 | $0.46 | $0.59 | $0.54 | $0.37 | $0.63 | $0.54 | $0.50 | $0.34 | $0.48 | $0.33 | $0.12 | $0.10 | $0.29 | $0.27 |
| Avg Forecast | $0.69 | $0.63 | $0.58 | $0.53 | $0.63 | $0.56 | $0.49 | $0.45 | $0.72 | $0.51 | $0.38 | $0.43 | $0.66 | $0.64 | $0.65 | $0.47 | $0.67 | $0.58 | $0.51 | $0.36 | $0.57 | $0.50 | $0.43 | $0.27 | $0.34 | $0.24 | $-0.03 | $0.16 | $0.19 | $0.15 |
| High Forecast | $0.82 | $0.75 | $0.68 | $0.63 | $0.74 | $0.66 | $0.58 | $0.53 | $0.85 | $0.60 | $0.45 | $0.51 | $0.78 | $0.67 | $0.77 | $0.55 | $0.79 | $0.69 | $0.51 | $0.38 | $0.60 | $0.52 | $0.45 | $0.28 | $0.35 | $0.25 | $-0.03 | $0.17 | $0.20 | $0.16 |
| Low Forecast | $0.58 | $0.53 | $0.48 | $0.44 | $0.52 | $0.46 | $0.41 | $0.37 | $0.60 | $0.42 | $0.32 | $0.36 | $0.55 | $0.60 | $0.54 | $0.39 | $0.56 | $0.49 | $0.51 | $0.35 | $0.55 | $0.48 | $0.41 | $0.25 | $0.32 | $0.23 | $-0.03 | $0.15 | $0.18 | $0.14 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 0.69% | 1.01% | 1.05% | 1.02% | 1.10% | 1.08% | 1.16% | 1.27% | 1.42% | 1.36% | -3.87% | 0.58% | 1.54% | 1.78% |
According to 3 Wall Street analysts, InMode's projected average Quarter EPS for Jun 23 is $0.65, with a low estimate of $0.54 and a high estimate of $0.77. This represents a 32.82% increase compared to INMD previous annual EPS of $0.49 (Mar 23).
InMode Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ALGN | Align | $253.16 | $554.38 | 118.98% | Buy |
| TNDM | Tandem Diabetes Care | $43.06 | $84.44 | 96.10% | Buy |
| INMD | InMode | $17.37 | $31.40 | 80.77% | Hold |
| NARI | Inari Medical | $44.10 | $70.33 | 59.48% | Buy |
| EW | Edwards Lifesciences | $67.23 | $97.09 | 44.41% | Buy |
| ZBH | Zimmer Biomet | $106.24 | $137.17 | 29.11% | Hold |
| MDT | Medtronic | $88.63 | $106.77 | 20.47% | Hold |
| DXCM | DexCom | $68.94 | $81.86 | 18.74% | Buy |
| PODD | Insulet | $235.54 | $272.27 | 15.59% | Buy |
| INSP | Inspire Medical Systems | $206.70 | $237.80 | 15.05% | Buy |
| ABT | Abbott Laboratories | $118.13 | $129.50 | 9.62% | Buy |
| TMDX | TransMedics Group | $156.08 | $156.86 | 0.50% | Buy |
| SYK | Stryker | $363.95 | $305.00 | -16.20% | Buy |
| SWAV | ShockWave Medical | $334.75 | $258.17 | -22.88% | Hold |
INMD Forecast FAQ
Is InMode a good buy?
No, according to 5 Wall Street analysts, InMode (INMD) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 20.00% of INMD's total ratings.
What is INMD's price target?
InMode (INMD) average price target is $31.4 with a range of $16 to $58, implying a 80.77% from its last price of $17.37. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will InMode stock go up soon?
According to Wall Street analysts' prediction for INMD stock, the company can go up by 80.77% (from the last price of $17.37 to the average price target of $31.4), up by 233.91% based on the highest stock price target, and down by -7.89% based on the lowest stock price target.
Can InMode stock reach $30?
INMD's average twelve months analyst stock price target of $31.4 supports the claim that InMode can reach $30 in the near future.
What are InMode's analysts' financial forecasts?
InMode's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $459.42M (high $524.08M, low $400.36M), average EBITDA is $187.85M (high $214.29M, low $163.7M), average net income is $182.02M (high $215.33M, low $151.6M), average SG&A $188.14M (high $214.62M, low $163.95M), and average EPS is $2.12 (high $2.51, low $1.77). INMD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $495.63M (high $565.39M, low $431.92M), average EBITDA is $202.66M (high $231.18M, low $176.6M), average net income is $209.4M (high $247.71M, low $174.4M), average SG&A $202.97M (high $231.54M, low $176.87M), and average EPS is $2.44 (high $2.88, low $2.03).
Did the INMD's actual financial results beat the analysts' financial forecasts?
Based on InMode's last annual report (Dec 2022), the company's revenue was $454.27M, beating the average analysts forecast of $426.58M by 6.49%. Apple's EBITDA was $198.53M, beating the average prediction of $144.42M by 37.47%. The company's net income was $161.52M, beating the average estimation of $146.05M by 10.59%. Apple's SG&A was $170.51M, beating the average forecast of $143.04M by 19.21%. Lastly, the company's EPS was $1.96, missing the average prediction of $2.13 by -7.89%. In terms of the last quarterly report (Mar 2023), InMode's revenue was $106.07M, beating the average analysts' forecast of $101.44M by 4.57%. The company's EBITDA was $41.18M, beating the average prediction of $31.47M by 30.88%. InMode's net income was $40.5M, beating the average estimation of $27.44M by 47.63%. The company's SG&A was $43.72M, beating the average forecast of $29.52M by 48.11%. Lastly, the company's EPS was $0.49, beating the average prediction of $0.468 by 4.71%