Inogen Q1 earnings beat estimates at ($0.62) EPS and $78.03M revenue, with stock up $0.74 and Stifel Nicolaus raising price target to $7.00.

Inogen (NASDAQ:INGN) reported Q1 earnings of ($0.62) EPS, beating analysts' consensus estimates of ($0.76) by $0.14. The company's revenue was $78.03M, compared to analyst estimates of $73.67M. Inogen's stock traded up $0.74 on Wednesday, reaching $8.04. Stifel Nicolaus raised their price target for INGN from $6.00 to $7.00 with a "hold" rating. The average rating for Inogen is "Hold" and the average price target is $7.00.

May 08, 2024
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