Insmed (INSM) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- -$0.46
- Estimate
- -$0.38
- Surprise
- -21.5%
- Revenue (period 2026-09-30)
- $524.4M
- Score at report (before → after)
- 5.1 → 5.5/10
Revenue source: xbrl.
How the report landed
Insmed (INSM) reported a wider loss than forecast — adjusted EPS of -$0.46 against the -$0.38 estimate (a 21.5% shortfall). TrendMatrix's engine moved from Buy (Wait) (5.1/10) to Hold at 5.5/10 after the report — the engine's score rose despite the miss.
Where TrendMatrix's rating stands now
TrendMatrix currently rates INSM Hold at 5.5/10.
2 of the last 4 quarters beat the estimate; this quarter's -21.5% surprise compares with a +15.4% four-quarter average.
What supports the rating
- Sector modifier (Healthcare): +0.5
- Positive news sentiment (+0.77)
What argues against it
- Concentration risk — Product: ARIKAYCE and BRINSUPRI
- Concentration risk — Supplier: Lamira device
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.0)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $111.59
- Price target
- $176.52
- Stop
- $103.83
- Upside to target
- +58.2%
- Reward-to-risk
- 3.9:1
Risk check: trading volume is running 3.0× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
INSM at TrendMatrix's latest read
Healthcare earnings trade on pipeline and payer dynamics as much as the quarter itself; a beat or miss is weighed against trial and reimbursement news.
- Industry
- Biotechnology
- Market cap
- $24.37B
- P/E (fwd)
- 140.4
- 52-week range
- $90.39–$212.75
- Off 52-week high
- 47.5%
- RSI (14)
- 67
- Volume vs avg
- 3.04×
- Score today
- 5.5/10