The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

INSM

Concerning the House

Insmed Incorporated develops and commercializes therapies for patients with serious and rare diseases in the United States, Europe, Japan, and internationally. The company offers ARIKAYCE for the treatment of refractory nontuberculous mycobacterial lung infections, as well as is in phase 3 clinical trial for the treatment of mycobacterium avium complex lung disease as part of a combination antibacterial drug regimen for adult patients. It also develops brensocatib, an oral reversible inhibitor of dipeptidyl peptidase 1(DPP1) that is in phase 3 clinical trial for the treatment of bronchiectasis; and in phase 2 clinical trial for the treatment of chronic rhinosinusitis without nasal polyps and hidradenitis suppurativa. In addition, the company is developing treprostinil palmitil inhalation powder, an inhaled formulation of a treprostinil prodrug treprostinil palmitil, which is in phase 3 clinical trial for the treatment of pulmonary hypertension associated with interstitial lung disease; and phase 2 clinical trial for the treatment of pulmonary arterial hypertension. Further, it develops INS1201, a microdystrophin adeno-associated virus gene replacement therapy which is in phase 1 clinical trial for the treatment of Duchenne muscular dystrophy, as well as it is also developing pre-clinical research programs for gene therapy, AI-driven protein engineering, protein manufacturing, RNA end-joining, and synthetic rescue. In addition, it provides INS1148, monoclonal antibody targeting stem cell factor called SCF248 that is in phase-2 clinical trial for the treatment of interstitial lung disease, and asthma; and INS1202, an intrathecally delivered gene therapy which is in phase 1 of clinical trial for the treatment of amyotrophic lateral sclerosis. The company was founded in 1988 and is headquartered in Bridgewater, New Jersey.

United States · www.insmed.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$606.42M+56.4%
Operating income-$709.63M
Net income-$1.28B
Cash from ops-$536.25M
Quotation

$126.33

-5.95 (-4.5%)

52w hi$211.41
52w lo$91.88
Vol2.46M
As ofAug 13
The Verdict

Hold

Our score -0.32

Short-0.39
Medium-0.19
Long-0.44

computed 2026-08-13

By the Numbers

Insmed Incorporated

Healthcare · Biotechnology

Market cap$27.59B
Enterprise value$28.47B
Trailing P/E
Forward P/E153.97x
EV / EBITDA-35.81x
P / S (ttm)24.25x
Profit margin-76.9%
Return on equity-87.2%
Revenue growth+296.1%
Earnings growth
Debt / equity97.65
Risk Metrics
Beta vs SPX0.77
Corr SPX0.23
Annual vol55.6%
Annual ret+43.1%
Sharpe0.78
Max DD-56.5%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.07
Sector+0.14
Technical-0.23
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$132.50$133.16$126.13$126.332.46M
Aug 12$132.31$135.26$130.80$132.281.56M
Aug 11$134.55$135.30$131.67$132.572.73M
Aug 10$129.98$135.50$129.50$134.753.63M
Aug 7$134.99$135.49$126.44$131.104.90M