Jan. 23 at 3:36 PM
$INSM Roth has initiated Insmed (INSM) at buy saying it sees above consensus sales of Brinsupri (brensocatib) and Arikayce (amikacin liposome inhalation suspension).
The firm set a
$212 price target (~32% upside based on Jan. 22 close).
Analyst Adam Walsh sees Brinsupri peak sales of
$8.1B and for Arikayce,
$1.3B.
Walsh also highlighted the potential of treprostinil palmitil inhalation powder (TPIP) for pulmonary arterial hypertension given positive mid-stage trial results released in June 2025. He sees
$5B probability of success-adjusted peak sales.