InMode Ltd. (NASDAQ:INMD) shares are up during Friday’s premarket session after the company announced a new share repurchase program.
InMode Authorizes 10% Share Buyback
InMode’s Board of Directors has authorized a new share repurchase program for up to approximately 10% of the company’s total shares outstanding, representing around 6.38 million ordinary shares.
This decision follows the company’s repurchase of approximately $127.4 million of its outstanding shares in 2025, indicating a commitment to returning value to shareholders despite a challenging macroeconomic environment.
The company continues to generate strong cash flow and believes that repurchasing shares at its current valuation is an attractive use of capital.
Management remains focused on navigating ongoing regional conflicts while evaluating additional share repurchase programs and other capital allocation opportunities.
INMD 7.4% Below 50-Day SMA
The stock is currently trading 7.4% below its 50-day simple moving average (SMA) and 8% below its 200-day SMA, indicating a bearish trend. Shares have decreased 30.88% over the past 12 months and are currently positioned closer to their 52-week lows than highs.
The RSI is at 29.69, which is considered oversold territory, suggesting a potential rebound. Meanwhile, MACD is at -0.4430, below its signal line at -0.3432, indicating bearish pressure on the stock.
The combination of an oversold RSI and a bearish MACD suggests mixed momentum: while the stock is oversold, the MACD points to continued selling pressure.
- Key Resistance: $15.00
INMD EPS Seen at $0.37
InMode is slated to provide its next financial update on April 27, 2026 (estimated).
- EPS Estimate: 37 cents (Up from 31 cents YoY)
- Revenue Estimate: $79.32 million (Up from $77.87 million YoY)
- Valuation: P/E of 8.9x (Indicates value opportunity)
Analyst Consensus & Recent Actions: The stock carries a Hold Rating with an average price target of $25 .00. Recent analyst moves include:
- Canaccord Genuity: Hold (Lowers Target to $15.00) (Dec. 17, 2025)
- UBS: Neutral (Lowers Target to $16.00) (Nov. 6, 2025)
- Canaccord Genuity: Hold (Raises Target to $16.00) (Oct. 10, 2025)
Benzinga Edge Scorecard
Below is the Benzinga Edge scorecard for InMode, highlighting its strengths and weaknesses compared to the broader market:
- Value: 92.12 — Stock is considered undervalued relative to peers.
- Quality: 1.39 — Indicates very weak performance metrics.
- Momentum: 11.48 — Stock is underperforming the broader market.
The Verdict: InMode’s Benzinga Edge signal reveals a classic value opportunity with a strong value score of 92.12, but the very low quality and momentum scores indicate significant concerns about the stock’s performance. Investors should be cautious and monitor for any signs of improvement in the company’s operational metrics.
INMD Price Action
INMD Price Action: InMode shares were up 6.27% at $13.56 during premarket trading on Friday, according to Benzinga Pro data.
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