IRADIMED CORPORATION (IRMD)
NASDAQ: IRMD · Real-Time Price · USD
89.64
-0.22 (-0.24%)
Jun 3, 2026, 9:30 AM EDT - Market open

IRADIMED CORPORATION Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, IRADIMED CORPORATION stock has a consensus rating of "Strong Buy" and an average price target of $118. The average 1-year stock price forecast is 31.64% higher than the current stock price, while the lowest is $116 (+29.41%) and the highest is $120 (+33.87%).

Price Target: $118 (+31.64%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$116$118$118$120
Change+29.41%+31.64%+31.64%+33.87%
* Price targets were last updated on Apr 2, 2026.

Analyst Ratings

The average analyst rating for IRADIMED CORPORATION stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

RatingSep '25Oct '25Nov '25Feb '26Apr '26May '26
Strong Buy122232
Buy000000
Hold000000
Sell000000
Strong Sell000000
Total122232

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Freedom Capital Markets
Freedom Capital Markets
Buy
Initiates
$116
BuyInitiates$116+29.41%Apr 2, 2026
Lake Street
Lake Street
Buy
Reiterates
$120
BuyReiterates$120+33.87%Feb 11, 2026
Roth MKM
Roth MKM
Buy
Reiterates
$98$120
BuyReiterates$98$120+33.87%Feb 10, 2026

Financial Forecast

Revenue This Year
91.20M
from 83.81M
Increased by 8.81%
Revenue Next Year
100.90M
from 91.20M
Increased by 10.64%
EPS This Year
1.91
from 1.75
Increased by 9.14%
EPS Next Year
2.17
from 1.91
Increased by 13.35%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
41.81M53.30M65.56M73.24M83.81M91.20M
Revenue Growth
31.84%27.48%23.00%11.71%14.43%8.81%
Gross Profit
32.05M41.28M50.16M56.35M64.32M70.22M
Gross Margin
76.65%77.45%76.50%76.94%76.75%77.00%
Operating Income
9.82M15.63M20.04M21.97M26.15M29.90M
Net Income
9.33M12.83M17.19M19.23M22.48M24.55M
EPS
0.741.021.351.501.751.91
EPS Growth
572.73%37.84%32.35%11.11%16.67%9.14%
Forward PE
65.0926.0733.9134.5954.0446.93
Free Cash Flow
8.16M5.89M8.40M4.10M6.64M17.80M
No. Analysts
-----2

Revenue Forecast

Revenue202620272028
High91.4M
Avg91.2M
Low91.0M

Revenue Growth

Revenue Growth202620272028
High
9.1%
Avg
8.8%
Low
8.6%

EPS Forecast

EPS202620272028
High1.92
Avg1.91
Low1.90

EPS Growth

EPS Growth202620272028
High
9.7%
Avg
9.1%
Low
8.6%
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.