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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for IRTC

Based on 10 analysts offering 12 month price targets for Irhythm Technologies Inc.
Min Forecast
$78.00+29.59%
Avg Forecast
$118.00+96.05%
Max Forecast
$145.00+140.9%

Should I buy or sell IRTC stock?

Based on 10 analysts offering ratings for Irhythm Technologies Inc.
Strong Buy
Strong Buy
6 analysts 60%
Buy
3 analysts 30%
Hold
1 analysts 10%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their IRTC stock forecasts and price targets.

IRTC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-10-04
lockedlocked$00.00+00.00%2024-09-25
lockedlocked$00.00+00.00%2024-08-22
lockedlocked$00.00+00.00%2024-08-02
lockedlocked$00.00+00.00%2024-08-02
Baird
Top 21%
80
BuyMaintains$110.00+82.75%2024-08-02
Truist Securities
Top 6%
95
Strong BuyReiterates$117.00+94.38%2024-08-02
Needham
Bottom 12%
12
BuyMaintains$119.00+97.71%2024-08-02
Truist Securities
Bottom 17%
17
Strong BuyMaintains$134.00+122.63%2024-07-16
Morgan Stanley
Bottom 9%
9
Strong BuyMaintains$130.00+115.98%2024-07-15

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Forecast return on equity

Is IRTC forecast to generate an efficient return?
Company
-25.61%
Industry
21.4%
Market
52.65%
IRTC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is IRTC forecast to generate an efficient return on assets?
Company
-2.76%
Industry
11.48%
IRTC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

IRTC earnings per share forecast

What is IRTC's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
-$2.66
Avg 2 year Forecast
-$1.82
Avg 3 year Forecast
-$0.81

IRTC revenue forecast

What is IRTC's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$586.0M+9.11%
Avg 2 year Forecast
$690.9M+28.64%
Avg 3 year Forecast
$810.3M+50.87%
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
13.78%
Industry
6.85%
Market
8.71%
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$60.19$118.00+96.05%Strong Buy
RXST$49.25$64.60+31.17%Strong Buy
CNMD$63.98$79.80+24.73%Strong Buy
NVCR$14.66$27.50+87.59%Buy
UFPT$290.00$392.00+35.17%Strong Buy
View Top Medical Device Stocks

Irhythm Technologies Stock Forecast FAQ

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

The consensus among 10 Wall Street analysts covering (NASDAQ: IRTC) stock is to Strong Buy IRTC stock.

Out of 10 analysts, 6 (60%) are recommending IRTC as a Strong Buy, 3 (30%) are recommending IRTC as a Buy, 1 (10%) 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 earnings growth forecast for 2024-2026?

(NASDAQ: IRTC) Irhythm Technologies's forecast annual earnings growth rate of N/A is not forecast to beat the US Medical Devices industry's average forecast earnings growth rate of 35.66%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.01%.

Irhythm Technologies's earnings in 2024 is -$131,589,000.On average, 3 Wall Street analysts forecast IRTC's earnings for 2024 to be -$83,191,039, with the lowest IRTC earnings forecast at -$89,022,814, and the highest IRTC earnings forecast at -$79,651,991. On average, 5 Wall Street analysts forecast IRTC's earnings for 2025 to be -$56,787,184, with the lowest IRTC earnings forecast at -$66,532,840, and the highest IRTC earnings forecast at -$48,103,556.

In 2026, IRTC is forecast to generate -$25,404,300 in earnings, with the lowest earnings forecast at -$33,734,961 and the highest earnings forecast at -$16,555,120.

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

(NASDAQ: IRTC) Irhythm Technologies's forecast annual revenue growth rate of 13.78% is forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 6.85%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.71%.

Irhythm Technologies's revenue in 2024 is $537,091,000.On average, 5 Wall Street analysts forecast IRTC's revenue for 2024 to be $18,305,558,157, with the lowest IRTC revenue forecast at $18,264,045,413, and the highest IRTC revenue forecast at $18,342,104,365. On average, 5 Wall Street analysts forecast IRTC's revenue for 2025 to be $21,581,847,592, with the lowest IRTC revenue forecast at $21,486,671,271, and the highest IRTC revenue forecast at $21,672,525,917.

In 2026, IRTC is forecast to generate $25,310,841,461 in revenue, with the lowest revenue forecast at $24,919,203,553 and the highest revenue forecast at $25,620,921,978.

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

(NASDAQ: IRTC) forecast ROA is -2.76%, which is lower than the forecast US Medical Devices industry average of 11.48%.

What is IRTC's Price Target?

According to 10 Wall Street analysts that have issued a 1 year IRTC price target, the average IRTC price target is $118.00, with the highest IRTC stock price forecast at $145.00 and the lowest IRTC stock price forecast at $78.00.

On average, Wall Street analysts predict that Irhythm Technologies's share price could reach $118.00 by Oct 4, 2025. The average Irhythm Technologies stock price prediction forecasts a potential upside of 96.05% from the current IRTC share price of $60.19.

What is IRTC's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: IRTC) Irhythm Technologies's current Earnings Per Share (EPS) is -$4.27. On average, analysts forecast that IRTC's EPS will be -$2.66 for 2024, with the lowest EPS forecast at -$2.85, and the highest EPS forecast at -$2.55. On average, analysts forecast that IRTC's EPS will be -$1.82 for 2025, with the lowest EPS forecast at -$2.13, and the highest EPS forecast at -$1.54. In 2026, IRTC's EPS is forecast to hit -$0.81 (min: -$1.08, max: -$0.53).

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

(NASDAQ: IRTC) forecast ROE is -25.61%, which is considered weak.
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