iRhythm Technologies, Inc. (IRTC)

Stock Price Forecast

The 10 analysts that cover iRhythm Technologies stock have a consensus rating of "Strong Buy" and an average price target of $138.6, which forecasts a -10.41% decrease in the stock price over the next year. The lowest target is $100 and the highest is $167.

Price Target: $138.6 (-10.41%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$100	$138.6	$145	$167
Change	-35.36%	-10.41%	-6.28%	+7.94%

Analyst Ratings

The average analyst rating for iRhythm Technologies 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

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	4	4	4	4	4	4
Buy	4	4	4	4	5	5
Hold	2	2	2	2	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	10	10	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Cecilia Furlong Morgan Stanley	Morgan Stanley	Buy Maintains $130 → $160	Buy	Maintains	$130 → $160	+3.42%	Jun 11, 2025
Joanne Wuensch Citigroup	Citigroup	Strong Buy Maintains $130 → $167	Strong Buy	Maintains	$130 → $167	+7.94%	May 22, 2025
William Plovanic Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $152 → $139	Strong Buy	Maintains	$152 → $139	-10.15%	May 2, 2025
Nathan Treybeck Wells Fargo	Wells Fargo	Hold → Buy Upgrades $104 → $130	Hold → Buy	Upgrades	$104 → $130	-15.97%	May 2, 2025
Mike Polark Baird	Baird	Buy Maintains $133 → $150	Buy	Maintains	$133 → $150	-3.04%	May 2, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

709.65M

Increased by 19.91%

from 591.84M

Revenue Next Year

828.91M

Increased by 16.81%

from 709.65M

EPS This Year

-1.79

from -3.63

EPS Next Year

-0.46

from -1.79

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	709.65M	828.91M	967.63M
Revenue Growth	23.59%	21.74%	27.29%	19.90%	20.13%	19.91%	16.81%	16.74%
EPS	-1.58	-3.46	-3.88	-4.04	-3.63	-1.79	-0.46	0.56
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	276.19
No. Analysts	-	-	-	-	-	15	15	11

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	733.1M	873.7M	1.1B
Avg	709.7M	828.9M	967.6M
Low	680.1M	783.9M	903.6M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	23.9%	23.1%	26.7%
Avg	19.9%	16.8%	16.7%
Low	14.9%	10.5%	9.0%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	-1.43	0.22	0.78
Avg	-1.79	-0.46	0.56
Low	-2.13	-0.85	0.30

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.