Insulet Corporation (PODD)

NASDAQ: PODD · IEX Real-Time Price · USD
216.98
-2.45 (-1.12%)
At close: Dec 29, 2023, 4:00 PM
216.20
-0.78 (-0.36%)
After-hours: Dec 29, 2023, 6:57 PM EST
-1.12%
Market Cap 15.15B
Revenue (ttm) 1.56B
Net Income (ttm) 120.00M
Shares Out 69.83M
EPS (ttm) 1.72
PE Ratio 126.15
Forward PE 94.18
Dividend n/a
Ex-Dividend Date n/a
Volume 524,182
Open 218.77
Previous Close 219.43
Day's Range 215.89 - 219.80
52-Week Range 125.82 - 335.91
Beta 0.98
Analysts Buy
Price Target 265.87 (+22.53%)
Earnings Date Feb 22, 2024

About PODD

Insulet Corporation develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes. It offers Omnipod System, a self-adhesive disposable tubeless Omnipod device that is worn on the body for up to three days at a time, as well as its wireless companion, the handheld personal diabetes manager. The company sells its products primarily through independent distributors and pharmacy channels, as well as directly in the United States, Canada, Europe, the Middle East, and Australia. Insulet Corporation was incorpo... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date May 15, 2007
Employees 2,600
Stock Exchange NASDAQ
Ticker Symbol PODD
Full Company Profile

Financial Performance

In 2022, Insulet's revenue was $1.31 billion, an increase of 18.79% compared to the previous year's $1.10 billion. Earnings were $4.60 million, a decrease of -72.62%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for PODD stock is "Buy." The 12-month stock price forecast is $265.87, which is an increase of 22.53% from the latest price.

Price Target
$265.87
(22.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Here are the 20 worst-performing stocks among the S&P 500 in 2023

The U.S. stock market staged a remarkable rally in 2023, but 173 stocks in the S&P 500 were still down for the year.

Other symbols: AESALBBMYCAGDGDVNEL
2 days ago - Market Watch

3 Medical-Device Stocks Could Click in 2024

Baird is bullish on Boston Scientific, Insulet, and DexCom, stocks set to benefit as those companies ramp up sales.

Other symbols: BSXDXCM
5 days ago - Barrons

Salesforce, Insulet, and Datadog Are November's Top Performers—and These Are the Worst

Salesforce is the Dow Jones Industrial Average's top-performing stock in November, while Cisco is the worst.

Other symbols: CRMDDOG
4 weeks ago - Barrons

Insulet to Present at Upcoming Investor Conferences

ACTON, Mass.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today announced that management ...

4 weeks ago - Business Wire

Earnings-season winners: 20 companies that have grown sales while improving profit margins

Earnings season is a time when investors like to see a “beat and raise” pattern. That is, companies report sales and earnings that surprise the market by coming in ahead of analysts' estimates.

7 weeks ago - Market Watch

Insulet (PODD) stock up 14% on positive earnings and growth forecast

Shares of medical device company Insulet Corporation (NASDAQ: PODD) witnessed a remarkable surge, jumping by 14% on Friday in response to the company's recent earnings report. The substantial increase...

2 months ago - Invezz

Insulet Stock Rallies on Revenue Boost. It's a 'Misunderstood Growth Name.

The automated insulin technology developer posts third-quarter revenue of $432.7 million, compared with $340.8 million a year earlier.

2 months ago - Barrons

Insulet shares rebound after results top estimates

Insulet Corp. shares PODD, +1.98% climbed 10% premarket on Friday after the insulin pump maker late Thursday reported third-quarter results that beat expectations and aimed to dispel some investor fea...

2 months ago - Market Watch

Insulet lifts sales growth forecast on resilient demand for insulin pumps

Insulet Corp on Thursday raised its full-year revenue growth forecast after posting strong third-quarter sales, banking on strong demand for its tubeless insulin pumps.

2 months ago - Reuters

Insulet Reports Third Quarter 2023 Revenue Increase of 27% Year-Over-Year (25% Constant Currency1)

ACTON, Mass.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today announced f...

2 months ago - Business Wire

Insulet Spotlights Diabetes Awareness on World Diabetes Day and Throughout November

ACTON, Mass.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today announced a...

2 months ago - Business Wire

Diabetes stocks jump as obesity-drug recovery comes ahead of schedule, analysts say

Diabetes-device makers' stocks are breaking out of ‘GLP-1 jail' ahead of schedule, analysts say, after months of stock-market punishment based on fears that the popular obesity drugs would clobber the...

Other symbols: DXCMNVOTNDM
2 months ago - Market Watch

The weight-loss drugs are coming for these companies — but here's why Coke, others, may be spared, says JPMorgan

Citing Vanda Research, the Wall Street Journal reports that the average individual-investor stock portfolio is up 150% since the start of 2014, versus around 140% for the S&P 500's SPX during the same...

2 months ago - Market Watch

Insulet Announces FDA 510(k) Clearance of the Omnipod® 5 App for iPhone

ACTON, Mass.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today announced i...

2 months ago - Business Wire

6 Medical Device Stocks Primed to Bounce Back

Some investors have worried that new weight-loss drugs could undermine demand for some medical devices.

Other symbols: BAXDXCMPENRMDZBH
2 months ago - Barrons

MedTech Earnings in the Age of Ozempic May Not Be That Bad

September-quarter earnings among medical-device makers may prove better than expected in the age of weight-loss drugs.

2 months ago - Barrons

What other industries could weight loss drugs disrupt?

Jared Holz, Mizuho health care sector strategist, joins the ‘Fast Money' traders to discuss Novo Nordisj's kidney trial outcomes and the impact of weight loss drugs on the health care sector.

2 months ago - CNBC Television

Diabetes-related stocks take hit over weight loss drug craze

This segment originally aired on October 5, 2023 Weight loss drugs, like Novo Nordisk's (NVO) Ozempic, have become popular across healthcare providers in regard to diabetes treatment. Although use is ...

Other symbols: DXCMTNDM
3 months ago - Yahoo Finance

Are the S&P 500's Biggest Q3 Losers Next Year's Winners?

What started out to be a promising third quarter for U.S. stocks turned into a dud. On the backs of artificial intelligence (AI) excitement, the S&P 500 stormed out of the gates in July only to trend ...

Other symbols: DGSEDG
3 months ago - MarketBeat

Insulet CFO to step down to join 3M's healthcare business

Insulet Corp said on Tuesday Wayde McMillan would step down as the medical device maker's chief financial officer, effective Oct. 20, to join 3M's healthcare business.

Other symbols: MMM
3 months ago - Reuters

Insulet Announces CFO Transition

ACTON, Mass.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today announced t...

3 months ago - Business Wire

New weight loss drugs could mean a $25 billion drag on restaurants by 2025, says Mizuho's Dan Dolev

Matt Taylor, Jefferies analyst, and Dan Dolev, managing director at Mizuho Securities, join 'The Exchange' to discuss how new weight loss drugs could decline revenue for restaurant transaction platfor...

Other symbols: TOST
3 months ago - CNBC Television

These 10 stocks in the S&P 500 are expected to soar after rising interest rates have pushed down valuations

Two things investors can be sure about: Nothing lasts forever and the stock market always overreacts. The spiking of yields on long-term U.S. Treasury securities has been breathtaking, and it has led ...

Other symbols: AESALBALKAREDALLVSPAYC
3 months ago - Market Watch

SolarEdge, Insulet, and Dollar General Lead S&P 500 Q3 Losses

SolarEdge Technologies Inc. (SEDG), Insulet Corp. (PODD), and Dollar General Corp. (DG) were the steepest S&P 500 stock decliners in the third quarter as the index lost 3.65%.

Other symbols: DGSEDG
3 months ago - Investopedia

Weight-Loss-Drug Stock Sting May Be Easing for Device Makers

Wall Street says insulin pump maker Insulet and Tandem Diabetes, as well as glucose-monitor maker DexCom, look ready to rise after pressure from Novo Nordisk's Wegovy and Eli Lilly.

Other symbols: DXCMTNDM
3 months ago - Barrons