Insmed Incorporated, listed on the NASDAQ as INSM, is a biopharmaceutical company focused on developing therapies for rare diseases. The company recently faced a setback when it halted the development of an anti-inflammatory drug for chronic sinus conditions. This decision followed a mid-stage study failure, leading to a significant drop in the stock price.
On December 19, 2025, Danielle Brill from Truist Financial set a price target of $202 for INSM. At that time, the stock was priced at $166.55, suggesting a potential upside of 21.28%. However, the recent announcement about the halted drug development caused the stock to plummet nearly 17% in extended trading.
The stock's current price of $166.55 reflects a decrease of 16.08%, with a drop of $31.91. Despite this decline, the stock has shown volatility, fluctuating between $161.51 and $172.31 today. Over the past year, INSM has experienced a high of $212.75 and a low of $60.40, indicating significant price movement.
Insmed's market capitalization stands at approximately $35.52 billion, highlighting its substantial presence in the biopharmaceutical sector. The trading volume for the day is 13.45 million shares, suggesting active investor interest. Despite recent challenges, the company's potential for growth remains a point of interest for investors.
