Insulin Pump Maker Insulet's Growth Catalysts Set to Boost Revenue in 2025: Analyst
Portfolio Pulse from Vandana Singh
Insulet Corporation (NASDAQ:PODD) reported a mixed Q2 with an EPS miss but a revenue beat. The company raised its full-year guidance and expects strong growth driven by Omnipod sales. William Blair maintains an Outperform rating, anticipating catalysts to boost revenue in 2025. PODD stock is down 7.35%.
August 09, 2024 | 2:48 pm
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Insulet Corporation reported mixed Q2 results with an EPS miss but a revenue beat. The company raised its full-year guidance and expects strong growth driven by Omnipod sales. William Blair maintains an Outperform rating, anticipating catalysts to boost revenue in 2025. PODD stock is down 7.35%.
Despite the EPS miss, the revenue beat and raised guidance indicate strong future performance. The Outperform rating from William Blair and expected catalysts for growth in 2025 are positive indicators. The current stock price drop may present a buying opportunity.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100