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Inogen, Inc. (INGN)

Healthcare | Medical Devices | Beverly, United States | NasdaqGS
6.44 USD -0.10 (-1.529%) ⇩ (July 14, 2026, 10:52 a.m. EDT)

Short-term:★☆☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:15 a.m. EDT

The investment case for Inogen is currently broken by a severe multi-year structural decline. The stock has lost 86.65% of its value over the last nine years, with four consecutive years of negative annual returns ending in a sharp drop. Fundamentally, the company is generating negative free cash flow, posting negative operating margins, and trading at a negative forward P/E, indicating that the core business is failing to generate profit or cash. While the balance sheet shows low debt relative to equity, the inability to turn a profit in a medical device sector is a critical failure. The lack of a dividend payout reflects this reality. Although the stock trades at a low price-to-book ratio, this is likely a market correction for the deteriorating earnings power rather than a margin of safety. The recent news of executive compensation and operational appointments suggests management is trying to pivot, but the financial results continue to miss expectations. With the statistical forecast showing no directional bias and options flow heavily weighted toward put buying for the near term, the outlook remains bleak until the company can demonstrate a sustained path to profitability.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.052033
MSTL0.054652
MSTL_550.063251
MSTL_1260.071018
AutoTheta0.073861
AutoARIMA0.097520
MSTL_55_1260.109435

Forecast horizon: 60 days | Selected: AutoETS

Forecast Reliability
Score 40%
H-stat 0.19
Ljung-Box p 0.000
Jarque-Bera p 0.501
Excess Kurtosis -0.70
Attribute Value
Sector Healthcare
Debt to Equity Ratio 9.259
Revenue per Share 12.951
Market Cap 174,359,888
Forward P/E -24.77
Beta 1.59
Profit Margins -7.08%
Website https://www.provider.inogen.com

As of July 11, 2026, 6:15 a.m. EDT: Speculators are overwhelmingly positioning for downside protection. For the September expiration, there is massive open interest in deep out-of-the-money puts (325 contracts at the $5 strike versus only 5 in calls), while call activity is negligible. Conversely, December call open interest is concentrated far out-of-the-money at the $12.50 strike, suggesting a speculative bet on a massive recovery, but the immediate term sentiment is heavily skewed toward hedging against further declines.


Info Dump

Attribute Value
52 Week Change -0.0015267134
Address1 500 Cummings Center
Address2 Suite 2800
All Time High 287.79
All Time Low 4.13
Ask 8.01
Ask Size 2
Audit Risk 5
Average Daily Volume10 Day 204,490
Average Daily Volume3 Month 324,368
Average Volume 324,368
Average Volume10Days 204,490
Beta 1.586
Bid 4.62
Bid Size 2
Board Risk 6
Book Value 6.684
City Beverly
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 2
Country United States
Crypto Tradeable 0
Currency USD
Current Price 6.44
Current Ratio 3.103
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 6.55
Day Low 6.25
Debt To Equity 9.259
Display Name Inogen
Earnings Call Timestamp End 1,778,187,600
Earnings Call Timestamp Start 1,778,187,600
Earnings Timestamp 1,778,184,000
Earnings Timestamp End 1,786,046,400
Earnings Timestamp Start 1,786,046,400
Ebitda -8,812,000
Ebitda Margins -0.02507
Enterprise To Ebitda -9.513
Enterprise To Revenue 0.238
Enterprise Value 83,831,336
Eps Current Year -0.37
Eps Forward -0.26
Eps Trailing Twelve Months -0.91
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 6.5686
Fifty Day Average Change -0.12860012
Fifty Day Average Change Percent -0.01957801
Fifty Two Week Change Percent -0.15267134
Fifty Two Week High 9.13
Fifty Two Week High Change -2.69
Fifty Two Week High Change Percent -0.2946331
Fifty Two Week Low 5.34
Fifty Two Week Low Change 1.0999999
Fifty Two Week Low Change Percent 0.20599249
Fifty Two Week Range 5.34 - 9.13
Financial Currency USD
First Trade Date Milliseconds 1,392,388,200,000
Float Shares 23,676,935
Forward Eps -0.26
Forward P E -24.769232
Free Cashflow -2,406,250
Full Exchange Name NasdaqGS
Full Time Employees 753
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.44312
Gross Profits 155,756,000
Has Pre Post Market Data 1
Held Percent Insiders 0.12637
Held Percent Institutions 0.77541
Implied Shares Outstanding 27,074,516
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Inogen, Inc., a medical technology company, develops, manufactures, and markets respiratory health products in the United States and internationally. The company offers portable oxygen concentrators used to deliver supplemental long-term oxygen therapy to patients suffering from chronic respiratory conditions. It provides Inogen One and Inogen Rove, an ambulatory solution for long-term oxygen therapy; Rove 4, a portable oxygen concentrator; Rove 6 concentrator; Inogen Voxi 5, a stationary oxygen concentrator; Aurora for continuous positive airway pressure; CPAP masks; Simeox for airway clearance treatment; and related accessories. It also rents its products directly to patients. Inogen, Inc. was incorporated in 2001 and is headquartered in Beverly, Massachusetts.
Long Name Inogen, Inc.
Market us_market
Market Cap 174,359,888
Market State REGULAR
Max Age 86,400
Message Board Id finmb_7701753
Most Recent Quarter 1,774,915,200
Net Income To Common -24,897,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 177,067,334
Number Of Analyst Opinions 3
Open 6.54
Operating Cashflow -1,111,000
Operating Margins -0.09892
Overall Risk 5
Payout Ratio 0.0
Phone 805 562 0500
Previous Close 6.54
Price Eps Current Year -17.405405
Price Hint 2
Price To Book 0.9634949
Price To Sales Trailing12 Months 0.49604943
Profit Margins -0.07083
Quick Ratio 2.474
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.099999905
Regular Market Change Percent -1.5290506
Regular Market Day High 6.55
Regular Market Day Low 6.25
Regular Market Day Range 6.25 - 6.55
Regular Market Open 6.54
Regular Market Previous Close 6.54
Regular Market Price 6.44
Regular Market Time 1,784,040,767
Regular Market Volume 38,060
Return On Assets -0.06138
Return On Equity -0.13074
Revenue Growth 0.034
Revenue Per Share 12.951
Sand P52 Week Change 0.20365608
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 27,074,516
Shares Percent Shares Out 0.0379
Shares Short 1,026,490
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 943,489
Short Name Inogen, Inc
Short Percent Of Float 0.038599998
Short Ratio 3.02
Source Interval 15
State MA
Symbol INGN
Target High Price 14.0
Target Low Price 12.0
Target Mean Price 12.66667
Target Median Price 12.0
Total Cash 110,171,000
Total Cash Per Share 4.069
Total Debt 16,935,000
Total Revenue 351,496,992
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.91
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 6.80375
Two Hundred Day Average Change -0.36374998
Two Hundred Day Average Change Percent -0.05346316
Type Disp Equity
Volume 38,060
Website https://www.provider.inogen.com
Zip 1,915