IRadimed Corporation (IRMD)
NASDAQ: IRMD · IEX Real-Time Price · USD
45.20
-0.38 (-0.83%)
At close: Jul 19, 2024, 4:00 PM
45.09
-0.11 (-0.24%)
Pre-market: Jul 20, 2024, 9:29 AM EDT

IRadimed Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for IRadimed stock has a target of 65, which predicts an increase of 43.81% from the current stock price of 45.20.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $65 $65 $65 $65
Change +43.81% +43.81% +43.81% +43.81%
* Price targets were last updated on Apr 22, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for IRadimed 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 Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 11111
Buy 00000
Hold 00000
Sell 00000
Strong Sell 00000
Total 11111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Strong Buy
Initiates
$65
Strong Buy Initiates $65 +43.81% Apr 22, 2024
Roth Capital
Roth Capital
Strong Buy
Maintains
n/a
Strong Buy Maintains n/a n/a Aug 2, 2021
Roth Capital
Roth Capital
Strong Buy
Initiates
n/a
Strong Buy Initiates n/a n/a 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
73.74M
from 65.56M
Increased by 12.47%
Revenue Next Year
82.80M
from 73.74M
Increased by 12.28%
EPS This Year
1.56
from 1.35
Increased by 15.60%
EPS Next Year
1.74
from 1.56
Increased by 11.76%
Year 20192020202120222023202420252026
Revenue
38.52M31.72M41.81M53.30M65.56M73.74M82.80M100.88M
Revenue Growth
26.54%-17.65%31.83%27.48%23.00%12.47%12.28%21.84%
EPS
0.780.110.741.021.351.561.742.19
EPS Growth
50.00%-85.90%572.73%37.84%32.35%15.60%11.76%25.73%
Forward PE
-----28.9625.9120.61
No. Analysts -----443
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 76.7M 86.4M 103.9M
Avg 73.7M 82.8M 100.9M
Low 70.1M 78.5M 96.9M

Revenue Growth

Revenue Growth 202420252026
High
17.0%
17.1%
25.4%
Avg
12.5%
12.3%
21.8%
Low
6.9%
6.5%
17.1%

EPS Forecast

EPS 202420252026
High 1.62 1.84 2.26
Avg 1.56 1.74 2.19
Low 1.49 1.64 2.11

EPS Growth

EPS Growth 202420252026
High
19.8%
17.7%
29.4%
Avg
15.6%
11.8%
25.7%
Low
10.3%
4.9%
20.8%
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.