IRADIMED CORPORATION logo
IRADIMED CORPORATION (IRMD)
NASDAQ: IRMD · Real-Time Price · USD
89.37
-0.46 (-0.51%)
Oct 15, 2026, 4:00 PM EDT - Market closed

IRADIMED CORPORATION Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, IRADIMED CORPORATION stock has a consensus rating of "Buy" and an average price target of $118. The average 1-year stock price forecast is 32.04% higher than the current stock price, while the lowest is $116 (+29.80%) and the highest is $120 (+34.27%).

Price Target: $118 (+32.04%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$116$118$118$120
Change+29.80%+32.04%+32.04%+34.27%
* Price targets were last updated on Aug 3, 2026.

Analyst Ratings

The average analyst rating for IRADIMED CORPORATION stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingFeb '26Apr '26May '26Jul '26Aug '26Sep '26
Strong Buy232222
Buy000000
Hold000001
Sell000000
Strong Sell000000
Total232223

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Needham
Needham
Hold
Initiates
n/a
HoldInitiatesn/an/aSep 22, 2026
Lake Street
Lake Street
Buy
Reiterates
$120
BuyReiterates$120+34.27%Aug 3, 2026

Financial Forecast

Revenue This Year
92.07M
from 83.81M
Increased by 9.85%
Revenue Next Year
104.10M
from 92.07M
Increased by 13.07%
EPS This Year
2.11
from 1.93
Increased by 9.50%
EPS Next Year
2.45
from 2.11
Increased by 16.09%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
41.81M53.30M65.56M73.24M83.81M92.07M
Revenue Growth
31.84%27.48%23.00%11.71%14.43%9.85%
Gross Profit
32.05M41.28M50.16M56.35M64.32M69.65M
Gross Margin
76.65%77.45%76.50%76.94%76.75%75.65%
Operating Income
9.82M15.63M20.04M21.97M26.15M30.63M
Net Income
9.33M12.83M17.19M19.23M22.48M24.90M
EPS
----1.932.11
EPS Growth
----16.27%9.50%
Forward PE
65.0926.0733.9134.5954.0442.29
Free Cash Flow
-----24.60M
No. Analysts
-----3
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High93.8M
Avg92.1M
Low91.0M

Revenue Growth

Revenue Growth202620272028
High
11.9%
Avg
9.8%
Low
8.6%

EPS Forecast

EPS202620272028
High2.16
Avg2.11
Low2.09

EPS Growth

EPS Growth202620272028
High
11.9%
Avg
9.5%
Low
8.3%