IRADIMED CORPORATION (IRMD)
NASDAQ: IRMD · Real-Time Price · USD
52.55
+0.52 (1.00%)
Oct 29, 2024, 4:00 PM EDT - Market closed

IRADIMED CORPORATION Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for IRMD stock has a target of 60, which predicts an increase of 14.18% from the current stock price of 52.55.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $60 $60 $60 $60
Change +14.18% +14.18% +14.18% +14.18%
* Price targets were last updated on Aug 2, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for IRMD is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111111
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Strong Buy
Maintains
$65$60
Strong Buy Maintains $65$60 +14.18% Aug 2, 2024
Roth MKM
Roth MKM
Strong Buy
Initiates
$65
Strong Buy Initiates $65 +23.69% Apr 22, 2024
Roth Capital
Roth Capital
Strong Buy
Maintains
$32$36
Strong Buy Maintains $32$36 -31.49% Aug 2, 2021
Roth Capital
Roth Capital
Strong Buy
Initiates
$16
Strong Buy Initiates $16 -69.55% Oct 31, 2017
Roth Capital
Roth Capital
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Jul 31, 2017
More Analyst Ratings

Financial Forecast

Revenue This Year
74.07M
from 65.56M
Increased by 12.98%
Revenue Next Year
82.05M
from 74.07M
Increased by 10.77%
EPS This Year
1.60
from 1.35
Increased by 18.24%
EPS Next Year
1.72
from 1.60
Increased by 7.99%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
38.52M31.72M41.81M53.30M65.56M74.07M82.05M100.96M
Revenue Growth
26.54%-17.65%31.83%27.48%23.00%12.98%10.77%23.05%
EPS
0.780.110.741.021.351.601.722.19
EPS Growth
50.00%-85.90%572.73%37.84%32.35%18.24%7.99%27.22%
Forward PE
-----32.9230.4823.96
No. Analysts -----443
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 77.4M 84.8M 103.9M
Avg 74.1M 82.0M 101.0M
Low 70.1M 78.5M 97.0M

Revenue Growth

Revenue Growth 202420252026
High
18.1%
14.5%
26.7%
Avg
13.0%
10.8%
23.1%
Low
6.9%
6.0%
18.2%

EPS Forecast

EPS 202420252026
High 1.69 1.80 2.26
Avg 1.60 1.72 2.19
Low 1.49 1.64 2.11

EPS Growth

EPS Growth 202420252026
High
25.2%
12.5%
31.0%
Avg
18.2%
8.0%
27.2%
Low
10.3%
2.5%
22.2%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.