INSM trades 113.4% below Wall Street's consensus target of $204.42.
Last 12 months price action with 12-month analyst target path
The base valuation assumes INSM achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 35 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, Insmed Incorporated (INSM) has a Wall Street consensus price target of $204.42, based on estimates from 35 covering analysts. With the stock currently trading at $95.80, this represents a potential upside of +113.4%. The company has a market capitalization of $20.76B.
Analyst price targets range from a low of $160.00 to a high of $245.00, representing a 42% spread in expectations. The median target of $208.50 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 33 analysts rating the stock as a Buy or Strong Buy,1 rating it Hold, and 1 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, INSM trades at a trailing P/E of -14.9x. Analysts expect EPS to grow +50.9% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
RAREUltragenyx Pharmaceutical Inc. | $2.7B | $27.44 | $48.36 | +76.2% | Buy | — | 33 |
ALNYAlnylam Pharmaceuticals, Inc. | $37.1B | $278.09 | $454.27 | +63.4% | Buy | 37.1x | 52 |
BMRNBioMarin Pharmaceutical Inc. | $10.5B | $54.69 | $89.93 | +64.4% | Buy | 11.1x | 41 |
SRPTSarepta Therapeutics, Inc. | $1.9B | $17.53 | $25.14 | +43.4% | Buy | 5.0x | 54 |
IONSIonis Pharmaceuticals, Inc. | $12.2B | $74.12 | $109.44 | +47.7% | Buy | — | 32 |
ACADACADIA Pharmaceuticals Inc. | $3.7B | $21.62 | $33.67 | +55.7% | Buy | 55.6x | 37 |
PRAXPraxis Precision Medicines, Inc. | $8.2B | $282.31 | $584.00 | +106.9% | Buy | — | 16 |
ARWRArrowhead Pharmaceuticals, Inc. | $11.5B | $81.82 | $84.00 | +2.7% | Buy | — | 21 |
KRYSKrystal Biotech, Inc. | $10.3B | $348.06 | $336.40 | -3.4% | Buy | 44.9x | 17 |
FOLDAmicus Therapeutics, Inc. | $4.5B | $14.49 | $14.50 | +0.1% | Buy | 40.6x | 24 |
Quick answers to the most common questions about buying INSM stock.
The consensus Wall Street price target for INSM is $204.42, representing 113.4% upside from the current price of $95.8. With 35 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
INSM has a consensus rating of "Buy" based on 35 Wall Street analysts. The rating breakdown is predominantly bullish, with 33 Buy/Strong Buy ratings. The consensus 12-month price target of $204.42 implies 113.4% upside from current levels.
INSM's current price is $95.8 with a consensus target of $204.42 (113.4% implied move). Analyst estimates suggest the stock is undervalued at current levels.
The most bullish Wall Street analyst has a price target of $245 for INSM, while the most conservative target is $160. The consensus of $204.42 represents the median expectation. These targets typically reflect 12-month expectations.
INSM is heavily covered by Wall Street, with 35 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 33 have Buy ratings, 1 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month INSM stock forecast based on 35 Wall Street analysts shows a consensus price target of $204.42, with estimates ranging from $160 (bear case) to $245 (bull case). The median consensus rating is "Buy".
Wall Street analysts are very optimistic on INSM, with a "Buy" consensus rating and $204.42 price target (113.4% upside). 33 of 35 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
INSM analyst price targets range from $160 to $245, a 42% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $204.42 consensus represents the middle ground.
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