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NASDAQ: IRTC
Irhythm Technologies Inc Stock Forecast, Predictions & Price Target

Analyst price target for IRTC

Based on 5 analysts offering 12 month price targets for Irhythm Technologies Inc.
Min Forecast
$110.00-1.86%
Avg Forecast
$129.20+15.26%
Max Forecast
$137.00+22.22%

Should I buy or sell IRTC stock?

Based on 5 analysts offering ratings for Irhythm Technologies Inc.
Strong Buy
Strong Buy
4 analysts 80%
Buy
1 analysts 20%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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IRTC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-23
lockedlocked$00.00+00.00%2024-02-23
lockedlocked$00.00+00.00%2024-02-23
lockedlocked$00.00+00.00%2023-12-22Find Out Why
lockedlocked$00.00+00.00%2023-12-11

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Forecast return on equity

Is IRTC forecast to generate an efficient return?
Company
N/A
Industry
-0.02%
Market
20.03%

Forecast return on assets

Is IRTC forecast to generate an efficient return on assets?
Company
N/A
Industry
-0.02%

IRTC revenue forecast

What is IRTC's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$581.0M+17.93%
Avg 2 year Forecast
$689.4M+39.93%
Avg 3 year Forecast
$810.1M+64.43%
IRTC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

IRTC revenue growth forecast

How is IRTC forecast to perform vs Medical Devices companies and vs the US market?
Company
18.57%
Industry
8.65%
Market
9.2%
IRTC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
IRTC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

IRTC vs Medical Device Stocks

TickerPricePrice TargetUp/downsideConsensus
IRTC$112.09$129.20+15.26%Strong Buy
AXNX$66.95$69.57+3.91%Buy
ITGR$116.62$134.67+15.48%Strong Buy
LIVN$52.33$67.50+28.99%Buy
TMDX$84.16$94.00+11.69%Strong Buy

Irhythm Technologies Stock Forecast FAQ

Is Irhythm Technologies Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: IRTC) stock is to Strong Buy IRTC stock.

Out of 5 analysts, 4 (80%) are recommending IRTC as a Strong Buy, 1 (20%) are recommending IRTC as a Buy, 0 (0%) are recommending IRTC as a Hold, 0 (0%) are recommending IRTC as a Sell, and 0 (0%) are recommending IRTC as a Strong Sell.

If you're new to stock investing, here's how to buy Irhythm Technologies stock.

What is IRTC's revenue growth forecast for 2024-2026?

(NASDAQ: IRTC) Irhythm Technologies's forecast annual revenue growth rate of 18.57% is forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 8.65%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.2%.

Irhythm Technologies's revenue in 2024 is $492,681,000.On average, 5 Wall Street analysts forecast IRTC's revenue for 2024 to be $17,998,635,553, with the lowest IRTC revenue forecast at $17,971,715,000, and the highest IRTC revenue forecast at $18,063,288,250. On average, 5 Wall Street analysts forecast IRTC's revenue for 2025 to be $21,357,694,780, with the lowest IRTC revenue forecast at $21,097,782,883, and the highest IRTC revenue forecast at $21,653,232,265.

In 2026, IRTC is forecast to generate $25,096,863,539 in revenue, with the lowest revenue forecast at $24,316,167,506 and the highest revenue forecast at $25,877,559,572.

What is IRTC's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: IRTC) forecast ROA is N/A, which is lower than the forecast US Medical Devices industry average of -0.02%.

What is IRTC's Price Target?

According to 5 Wall Street analysts that have issued a 1 year IRTC price target, the average IRTC price target is $129.20, with the highest IRTC stock price forecast at $137.00 and the lowest IRTC stock price forecast at $110.00.

On average, Wall Street analysts predict that Irhythm Technologies's share price could reach $129.20 by Feb 23, 2025. The average Irhythm Technologies stock price prediction forecasts a potential upside of 15.26% from the current IRTC share price of $112.09.

What is IRTC's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: IRTC) forecast ROE is N/A, which is considered weak.
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