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INMDInMode Ltd.
$13.33$766M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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INMD logo

InMode Ltd.

INMD
NASDAQ · Medical Devices
$13.33
At close - Nov 6, 4:00 PM EST - USD
Market Cap$766M
P/E10.2x
52W High$16.67
Volume657.83K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Cash-Rich Fortress Masks Revenue Deceleration Risk

InMode's fortress balance sheet, with $396.2M cash and near-zero debt (D/E 0.01), provides a solid foundation, yet the company faces a decelerating revenue trajectory, with 2026Q2 revenue flat at $95.6M and a 6.2% decline in 2025.

GrowthDecelerating
ProfitabilityStable
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

INMD price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

-70% Peers

P/E is 70% below peer median

03

Market leadership

RS 49 · Lag

Laggard (Underperforming 51% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 11

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
INMD-9.93%
S&P 500 (^GSPC)+7.63%
1-Year Return
INMD-7.69%
S&P 500 (^GSPC)+9.69%
3-Year Return
INMD-34.88%
S&P 500 (^GSPC)+68.12%
5-Year Return
INMD-85.87%
S&P 500 (^GSPC)+56.29%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
10.2x
Forward P/E
10.3x
EV/EBITDA0th %ile
6.8x
FCF YieldCash Flow
11.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
10.2x
10.3x
40th· Fair
EV/EBITDA
6.8x
10.6x
0th· Low
Price/FCF
8.8x
11.4x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$370M-6.2% YoY
Net income FY25
$94M-48.2% YoY
Free cash flow FY25
$84M-36.1% YoY
Operating margin FY25
23%-5.5 pts YoY
ROIC (FY25)13.5%
Avg ROIC 5Y27.4%
ROE (TTM)11.8%
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate6/12 (50%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 5, 2026
$0.35+1.2%
vs $0.35
$96M+2.7%
vs $93M
Q2 2026
May 6, 2026
$0.25-16.1%
vs $0.30
$82M+2.7%
vs $80M
Q1 2026
Feb 10, 2026
$0.46+10.5%
vs $0.42
$104M+2.3%
vs $101M
Q4 2025
Nov 5, 2025
$0.38+8.3%
vs $0.35
$93M+2.5%
vs $91M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·Oct 19, 2026
Steel Partners Holdings L.P. Issues Open Letter to All InMode Stakeholders and Sets October 30, 2026 Expiration for Its $16.75 Per Share All-Cash Offer

NEW YORK--(BUSINESS WIRE)--Steel Partners Holdings L.P. (together with its affiliates, “Steel”), a significant, long-standing shareholder of InMode Ltd. (“InMode” or the “Company”) (Nasdaq: INMD), today issued an open letter to all InMode stakeholders. The full text of the letter is below. October 19, 2026 To All InMode Stakeholders: Steel Partners Holdings L.P. (together with its affiliates, “Steel”) is a significant, long-standing shareholder of InMode Ltd. On July 9, 2026, we proposed to acq.

PRNewsWire·Oct 13, 2026
InMode to Report Third Quarter 2026 Financial Results on November 11, 2026, Expects Third Quarter Revenue of $91.8 Million to $92.0 Million, Reiterates FY 2026 Revenue Guidance Between $365M-$375M

YOKNEAM, Israel, Oct. 13, 2026 /PRNewswire/ -- InMode Ltd. (Nasdaq: INMD), a leading global provider of innovative medical technologies, announced today that it expects to release its financial results for the third quarter of 2026 before the Nasdaq market opens on Wednesday, November 11, 2026.

Defense World·Oct 8, 2026
Contrasting PAVmed (NASDAQ:PAVM) and InMode (NASDAQ:INMD)

PAVmed (NASDAQ: PAVM - Get Free Report) and InMode (NASDAQ: INMD - Get Free Report) are both small-cap healthcare companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, dividends, profitability, risk and earnings. Valuation and Earnings This table compares PAVmed and InMode"s

Seeking Alpha·Sep 26, 2026
InMode: Hope Is Not An Effective Investment Strategy, But Neither Is Despair

InMode remains rangebound as US platform sales decline, but international growth and recurring consumables revenue provide stabilization. I maintain a 'buy' rating, downgraded from 'strong buy,' citing cyclical industry softness, macro headwinds, and management's capital allocation frustrations. INMD's robust net cash (~$497M), aggressive buybacks, and proprietary technology underpin a strong moat, yet sentiment is hampered by leadership doubts and execution risk.

Filtered for InMode Ltd.More Headlines
04

Compare before deciding

Benchmark INMD against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for InMode Ltd. (INMD)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
INMD logoINMDInMode Ltd.Current
$13.33$766.22M10.21-6.16%20.69%11.8%—
AEYE logoAEYEAudioEye, Inc.
$12.37$154.54M-52.7714.52%-7.12%-74.71%—
STAA logoSTAASTAAR Surgical Company
$25.21$1.26B2447.57-23.72%0.16%0.15%—
NVCR logoNVCRNovocure Ltd
$13.28$1.54B-12.748.28%-16.78%-35.81%—
ISRG logoISRGIntuitive Surgical, Inc.
$452.80$159.96B53.8420.51%25.54%16.91%—
GMED logoGMEDGlobus Medical, Inc.
$71.05$9.58B17.3316.65%17.76%11.82%—

Compare INMD vs Peers

InMode Ltd. (INMD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AEYE

Most directly comparable listed peer for INMD.

Scale Benchmark

vs ABT

Larger-name benchmark to compare INMD against a more recognizable public peer.

Peer Set

Compare Top 5

vs AEYE, STAA, NVCR, ISRG

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INMD Frequently Asked Questions

InMode Ltd. (INMD) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is InMode Ltd.'s revenue?

InMode Ltd. (INMD) reported $374.6M in revenue over the trailing twelve months. Revenue was $370.5M in fiscal year 2025. That is 1505% more than the $23.1M of fiscal year 2016.

How fast is InMode Ltd. growing?

InMode Ltd. (INMD) revenue fell by 6.7% over the trailing twelve months, compared with the twelve months before.

Is INMD profitable?

Yes. InMode Ltd. (INMD) earned $77.5M in net income over the trailing twelve months (a 20.7% net margin).

Dividend & Returns
What is INMD's return on equity?

InMode Ltd. (INMD) had a return on equity (ROE) of 11.8% over the trailing twelve months. That is in line with the market's typical 10-15%.

What is InMode Ltd.'s free cash flow?

InMode Ltd. (INMD) generated $87.5M in free cash flow over the trailing twelve months.

What if you invested $1,000 in INMD back in 2016?

Total return calculator · dividends reinvested · 10+ years of data

See returns →