iRhythm Technologies, Inc. (IRTC)
NASDAQ: IRTC · Real-Time Price · USD
102.93
+3.44 (3.46%)
Apr 23, 2025, 4:00 PM EDT - Market closed
iRhythm Technologies Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for iRhythm Technologies stock have an average target of 120.2, with a low estimate of 79 and a high estimate of 152. The average target predicts an increase of 16.78% from the current stock price of 102.93.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 24, 2025.
Analyst Ratings
The average analyst rating for iRhythm Technologies stock from 10 stock analysts 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
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 1 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $91 → $124 | Hold | Maintains | $91 → $124 | +20.48% | Feb 24, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $111 → $145 | Strong Buy | Maintains | $111 → $145 | +40.88% | Feb 21, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $86 → $104 | Hold | Maintains | $86 → $104 | +1.04% | Feb 21, 2025 |
| Needham | Needham | Strong Buy Maintains $125 → $138 | Strong Buy | Maintains | $125 → $138 | +34.08% | Feb 21, 2025 |
| Needham | Needham | Strong Buy Maintains $96 → $112 | Strong Buy | Maintains | $96 → $112 | +8.82% | Jan 13, 2025 |
Financial Forecast
Revenue This Year
695.19M
from 591.84M
Increased by 17.46%
Revenue Next Year
812.92M
from 695.19M
Increased by 16.93%
EPS This Year
-1.66
from -3.63
EPS Next Year
-0.54
from -1.66
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 719.2M | 854.8M | 1.0B | ||
| Avg | 695.2M | 812.9M | 949.2M | ||
| Low | 666.4M | 764.2M | 881.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 21.5% | 23.0% | 26.3% | ||
| Avg | 17.5% | 16.9% | 16.8% | ||
| Low | 12.6% | 9.9% | 8.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -1.31 | 0.16 | 0.98 | ||
| Avg | -1.66 | -0.54 | 0.71 | ||
| Low | -2.27 | -1.15 | 0.53 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
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.