Insmed (NASDAQ:INSM) Shares Up 7.2% - What's Next?

Market Beat
2026.05.12 16:01
portai
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Insmed (NASDAQ:INSM) shares rose 7.2% to $111.40, despite a 75% drop in trading volume. Analysts have mixed sentiments; HC Wainwright raised Q2 2026 EPS estimates while lowering longer-term projections. Mizuho and Barclays increased target prices, with a consensus rating of "Buy" and a target price of $211.86. Insmed reported a quarterly EPS of ($0.76), beating estimates, with revenue up 229.7% year-over-year. Insider selling activity was noted, with significant shares sold by executives. The company has a market cap of $24.38 billion and a negative PE ratio of -19.58.