iRhythm Technologies, Inc. (IRTC)

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 10.17% from the current stock price of 109.10.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$79	$120.2	$124	$152
Change	-27.59%	+10.17%	+13.66%	+39.32%

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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	4	4	4	4	4	4
Buy	4	4	4	4	4	4
Hold	0	1	1	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	9	9	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Roman Goldman Sachs	Goldman Sachs	Hold Maintains $91 → $124	Hold	Maintains	$91 → $124	+13.66%	Feb 24, 2025
Richard Newitter Truist Securities	Truist Securities	Strong Buy Maintains $111 → $145	Strong Buy	Maintains	$111 → $145	+32.91%	Feb 21, 2025
Nathan Treybeck Wells Fargo	Wells Fargo	Hold Maintains $86 → $104	Hold	Maintains	$86 → $104	-4.67%	Feb 21, 2025
David Saxon Needham	Needham	Strong Buy Maintains $125 → $138	Strong Buy	Maintains	$125 → $138	+26.49%	Feb 21, 2025
David Saxon Needham	Needham	Strong Buy Maintains $96 → $112	Strong Buy	Maintains	$96 → $112	+2.66%	Jan 13, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

693.02M

Increased by 17.10%

from 591.84M

Revenue Next Year

812.12M

Increased by 17.19%

from 693.02M

EPS This Year

-1.82

from -3.63

EPS Next Year

-0.68

from -1.82

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	265.17M	322.83M	410.92M	492.68M	591.84M	693.02M	812.12M	978.55M
Revenue Growth	23.59%	21.74%	27.29%	19.90%	20.13%	17.10%	17.19%	20.49%
EPS	-1.58	-3.46	-3.88	-4.04	-3.63	-1.82	-0.68	0.69
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	158.46
No. Analysts	-	-	-	-	-	15	13	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	716.5M	856.1M	1.0B
Avg	693.0M	812.1M	978.6M
Low	659.4M	767.3M	915.1M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	21.1%	23.5%	27.3%
Avg	17.1%	17.2%	20.5%
Low	11.4%	10.7%	12.7%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	-1.09	-0.18	0.77
Avg	-1.82	-0.68	0.69
Low	-2.36	-1.10	0.61

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.