iRhythm Technologies, Inc. (IRTC)
NASDAQ: IRTC · Real-Time Price · USD
105.92
-2.41 (-2.22%)
At close: Apr 3, 2025, 4:00 PM
106.43
+0.51 (0.48%)
After-hours: Apr 3, 2025, 7:46 PM EDT

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 13.48% from the current stock price of 105.92.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $79 $120.2 $124 $152
Change -25.42% +13.48% +17.07% +43.50%
* 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 Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 444444
Buy 444444
Hold 112222
Sell 000000
Strong Sell 000000
Total 9910101010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Hold
Maintains
$91$124
Hold Maintains $91$124 +17.07% Feb 24, 2025
Truist Securities
Truist Securities
Strong Buy
Maintains
$111$145
Strong Buy Maintains $111$145 +36.90% Feb 21, 2025
Wells Fargo
Wells Fargo
Hold
Maintains
$86$104
Hold Maintains $86$104 -1.81% Feb 21, 2025
Needham
Needham
Strong Buy
Maintains
$125$138
Strong Buy Maintains $125$138 +30.29% Feb 21, 2025
Needham
Needham
Strong Buy
Maintains
$96$112
Strong Buy Maintains $96$112 +5.74% Jan 13, 2025
More Analyst Ratings

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
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
265.17M322.83M410.92M492.68M591.84M695.19M812.92M949.18M
Revenue Growth
23.59%21.74%27.29%19.90%20.13%17.46%16.93%16.76%
EPS
-1.58-3.46-3.88-4.04-3.63-1.66-0.540.71
EPS Growth
--------
Forward PE
-------149.95
No. Analysts -----15158
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
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 20252026202720282029
High
21.5%
23.0%
26.3%
Avg
17.5%
16.9%
16.8%
Low
12.6%
9.9%
8.4%

EPS Forecast

EPS 20252026202720282029
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 20252026202720282029
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.