iRhythm (IRTC) Stock Forecast, Price Target & Predictions


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IRTC Stock Forecast


iRhythm stock forecast is as follows: an average price target of $121.17 (represents a 48.78% upside from IRTC’s last price of $81.44) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.

IRTC Price Target


The average price target for iRhythm (IRTC) is $121.17 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $190.00 to $78.00. This represents a potential 48.78% upside from IRTC's last price of $81.44.

IRTC Analyst Ratings


Buy

According to 19 Wall Street analysts, iRhythm's rating consensus is 'Buy'. The analyst rating breakdown for IRTC stock is 1 'Strong Buy' (5.26%), 15 'Buy' (78.95%), 3 'Hold' (15.79%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

iRhythm Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 31, 2024Michael MatsonNeedham$96.00$75.7726.70%17.88%
Oct 22, 2024David RescottTruist Financial$95.00$62.1052.98%16.65%
Oct 15, 2024David RescottRobert W. Baird$100.00$57.9472.61%22.79%
Oct 14, 2024Richard NewitterTruist Financial$80.00$57.5838.94%-1.77%
Oct 04, 2024David RomanGoldman Sachs$78.00$66.2817.68%-4.22%
Sep 25, 2024William PlovanicCanaccord Genuity$137.00$70.3094.88%68.22%
Aug 02, 2024Richard NewitterTruist Financial$117.00$75.4455.09%43.66%
Aug 02, 2024Suraj KaliaOppenheimer$145.00$84.2272.17%78.05%
Aug 02, 2024Marie ThibaultBTIG$125.00$84.2248.42%53.49%
Jul 16, 2024Richard NewitterTruist Financial$134.00$102.7630.40%64.54%
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The latest iRhythm stock forecast, released on Oct 31, 2024 by Michael Matson from Needham, set a price target of $96.00, which represents a 26.70% increase from the stock price at the time of the forecast ($75.77), and a 17.88% increase from IRTC last price ($81.44).

iRhythm Price Target by Period


1M3M12M
# Anlaysts4613
Avg Price Target$92.75$97.67$114.54
Last Closing Price$81.44$81.44$81.44
Upside/Downside13.89%19.93%40.64%

In the current month, the average price target of iRhythm stock is $92.75, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 13.89% increase as opposed to iRhythm's last price of $81.44. This month's average price target is down -5.04% compared to last quarter, and down -19.02% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 31, 2024NeedhamBuyBuyHold
Oct 22, 2024OppenheimerOutperformOutperformHold
Oct 22, 2024BTIGBuyBuyHold
Oct 04, 2024Goldman Sachs-NeutralInitialise
Aug 02, 2024OppenheimerOutperformOutperformHold
Aug 02, 2024BTIGBuyBuyHold
Jun 20, 2024Wolfe Research-OutperformUpgrade
May 29, 2024BTIGBuyBuyHold
May 20, 2024Wells FargoOverweightOverweightHold
May 06, 2024CitigroupBuyBuyHold
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iRhythm's last stock rating was published by Needham on Oct 31, 2024. The company gave IRTC a "Buy" rating, the same as its previous rate.

iRhythm Financial Forecast


iRhythm Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$124.60M$124.13M$111.44M$112.62M$103.88M$102.05M$92.38M$81.80M$85.43M$81.28M$74.31M$78.81M$71.94M$50.88M$63.53M$59.10M$54.67M
Avg Forecast$215.15M$201.01M$201.89M$181.58M$182.82M$171.62M$172.43M$154.38M$157.18M$147.00M$146.15M$128.41M$130.20M$122.61M$120.29M$107.05M$110.26M$105.86M$100.36M$86.76M$78.30M$83.89M$72.71M$70.27M$76.59M$62.34M$42.18M$61.40M$58.42M$53.75M
High Forecast$217.88M$203.56M$204.45M$183.89M$185.14M$173.80M$174.61M$155.43M$158.71M$147.06M$146.15M$128.41M$133.56M$123.64M$121.82M$108.41M$111.66M$105.86M$100.36M$86.76M$78.30M$83.89M$72.71M$70.27M$76.59M$62.34M$42.18M$61.40M$58.42M$53.75M
Low Forecast$213.00M$199.00M$199.88M$179.77M$181.00M$169.91M$170.70M$153.48M$155.65M$146.94M$146.15M$128.41M$129.14M$121.31M$119.09M$105.98M$109.16M$105.86M$100.36M$86.76M$78.30M$83.89M$72.71M$70.27M$76.59M$62.34M$42.18M$61.40M$58.42M$53.75M
# Analysts333344468444510998888999991599168
Surprise %-------------1.02%1.03%1.04%1.02%0.98%1.02%1.06%1.04%1.02%1.12%1.06%1.03%1.15%1.21%1.03%1.01%1.02%

iRhythm's average Quarter revenue forecast for Dec 23 based on 5 analysts is $130.20M, with a low forecast of $129.14M, and a high forecast of $133.56M. IRTC's average Quarter revenue forecast represents a 4.49% increase compared to the company's last Quarter revenue of $124.60M (Sep 23).

iRhythm EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333344468444510998888999991599168
EBITDA-------------$-27.60M$-18.87M$-33.13M$-19.11M$-20.72M$-18.71M$-12.24M$-34.12M$-19.00M$-13.11M$-23.75M$-11.82M$-975.00K$-16.77M$-5.62M$-23.16M$-14.51M
Avg Forecast$-47.68M$-44.55M$-44.74M$-40.24M$-40.52M$-38.03M$-38.21M$-34.21M$-34.83M$-32.58M$-32.39M$-59.19M$-28.85M$-27.17M$-26.66M$-53.80M$-39.78M$-23.46M$-22.24M$-48.91M$-17.35M$-18.59M$-16.11M$-20.32M$-16.97M$-13.82M$-9.35M$-7.20M$-12.95M$-11.91M
High Forecast$-47.20M$-44.10M$-44.30M$-39.84M$-40.11M$-37.65M$-37.83M$-34.01M$-34.49M$-32.56M$-32.39M$-47.35M$-28.62M$-26.88M$-26.39M$-43.04M$-31.82M$-23.46M$-22.24M$-39.13M$-17.35M$-18.59M$-16.11M$-16.26M$-16.97M$-13.82M$-9.35M$-5.76M$-12.95M$-11.91M
Low Forecast$-48.29M$-45.11M$-45.31M$-40.75M$-41.03M$-38.52M$-38.70M$-34.45M$-35.17M$-32.59M$-32.39M$-71.02M$-29.60M$-27.40M$-27.00M$-64.57M$-47.73M$-23.46M$-22.24M$-58.70M$-17.35M$-18.59M$-16.11M$-24.38M$-16.97M$-13.82M$-9.35M$-8.64M$-12.95M$-11.91M
Surprise %-------------1.02%0.71%0.62%0.48%0.88%0.84%0.25%1.97%1.02%0.81%1.17%0.70%0.07%1.79%0.78%1.79%1.22%

undefined analysts predict IRTC's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than iRhythm's previous annual EBITDA (undefined) of $NaN.

iRhythm Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333344468444510998888999991599168
Net Income-------------$-27.12M$-18.48M$-39.11M$-20.20M$-21.45M$-23.90M$-50.61M$-32.49M$-23.73M$-17.36M$-27.78M$-9.65M$-4.68M$-20.44M$-9.06M$-17.30M$-18.29M
Avg Forecast$-412.66K$-4.76M$-4.15M$-16.88M$-9.96M$-14.71M$-15.46M$-21.57M$-11.47M$-24.84M$-27.93M$-77.11M$-18.09M$-19.90M$-23.80M$-70.10M$-37.88M$-25.44M$-28.46M$-63.73M$-36.42M$-31.86M$-29.39M$-23.76M$-9.11M$-15.99M$-24.96M$-11.62M$-16.50M$-12.25M
High Forecast$-407.30K$-4.70M$-4.09M$-16.66M$-9.84M$-14.52M$-15.26M$-14.38M$-7.64M$-24.52M$-27.57M$-61.69M$-7.54M$-16.58M$-23.50M$-56.08M$-30.30M$-25.44M$-28.46M$-50.98M$-36.42M$-31.86M$-29.39M$-19.01M$-9.11M$-15.99M$-24.96M$-9.29M$-16.50M$-12.25M
Low Forecast$-419.47K$-4.84M$-4.22M$-17.16M$-10.13M$-14.95M$-15.71M$-28.76M$-17.58M$-25.25M$-28.39M$-92.54M$-24.42M$-22.61M$-24.20M$-84.12M$-45.45M$-25.44M$-28.46M$-76.48M$-36.42M$-31.86M$-29.39M$-28.52M$-9.11M$-15.99M$-24.96M$-13.94M$-16.50M$-12.25M
Surprise %-------------1.36%0.78%0.56%0.53%0.84%0.84%0.79%0.89%0.74%0.59%1.17%1.06%0.29%0.82%0.78%1.05%1.49%

iRhythm's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. IRTC's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

iRhythm SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333344468444510998888999991599168
SG&A-------------$93.77M$91.42M$100.34M$86.73M$80.56M$81.75M$73.16M$71.61M$70.75M$62.67M$69.81M$56.29M$49.70M$43.01M$48.23M$53.65M$45.65M
Avg Forecast$172.06M$160.76M$161.46M$145.22M$146.21M$137.25M$137.90M$123.46M$125.70M$117.56M$116.89M$111.47M$104.13M$98.05M$96.20M$101.34M$83.49M$84.66M$80.26M$69.38M$62.62M$67.09M$58.15M$59.72M$61.26M$49.86M$33.74M$49.11M$46.72M$42.99M
High Forecast$174.25M$162.80M$163.51M$147.06M$148.07M$138.99M$139.65M$124.31M$126.92M$117.61M$116.89M$133.77M$106.82M$98.88M$97.43M$121.60M$100.18M$84.66M$80.26M$69.38M$62.62M$67.09M$58.15M$71.66M$61.26M$49.86M$33.74M$49.11M$46.72M$42.99M
Low Forecast$170.35M$159.15M$159.85M$143.77M$144.75M$135.88M$136.52M$122.74M$124.48M$117.51M$116.89M$89.18M$103.28M$97.01M$95.24M$81.07M$66.79M$84.66M$80.26M$69.38M$62.62M$67.09M$58.15M$47.78M$61.26M$49.86M$33.74M$49.11M$46.72M$42.99M
Surprise %-------------0.96%0.95%0.99%1.04%0.95%1.02%1.05%1.14%1.05%1.08%1.17%0.92%1.00%1.28%0.98%1.15%1.06%

iRhythm's average Quarter SG&A projection for Dec 23 is $104.13M, based on 5 Wall Street analysts, with a range of $103.28M to $106.82M. The forecast indicates a 11.05% rise compared to IRTC last annual SG&A of $93.77M (Sep 23).

iRhythm EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333344468444510998888999991599168
EPS-------------$-0.89$-0.61$-1.29$-0.67$-0.71$-0.80$-1.71$-1.10$-0.81$-0.59$-0.95$-0.33$-0.17$-0.75$-0.34$-0.65$-0.74
Avg Forecast$-0.01$-0.15$-0.13$-0.54$-0.32$-0.47$-0.49$-0.69$-0.37$-0.79$-0.89$-0.97$-0.58$-0.64$-0.76$-0.90$-0.63$-0.82$-0.91$-1.10$-1.17$-1.02$-0.94$-0.83$-0.29$-0.51$-0.80$-0.59$-0.53$-0.39
High Forecast$-0.01$-0.15$-0.13$-0.53$-0.31$-0.46$-0.49$-0.46$-0.24$-0.78$-0.88$-0.96$-0.24$-0.53$-0.75$-0.89$-0.62$-0.82$-0.91$-1.10$-1.17$-1.02$-0.94$-0.83$-0.29$-0.51$-0.80$-0.59$-0.53$-0.39
Low Forecast$-0.01$-0.15$-0.13$-0.55$-0.32$-0.48$-0.50$-0.92$-0.56$-0.81$-0.91$-0.99$-0.78$-0.72$-0.77$-0.91$-0.64$-0.82$-0.91$-1.10$-1.17$-1.02$-0.94$-0.83$-0.29$-0.51$-0.80$-0.59$-0.53$-0.39
Surprise %-------------1.40%0.80%1.44%1.07%0.87%0.88%1.56%0.94%0.79%0.63%1.14%1.13%0.33%0.94%0.57%1.23%1.88%

According to undefined Wall Street analysts, iRhythm's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to IRTC previous annual EPS of $NaN (undefined).

iRhythm Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SGHTSight Sciences$4.66$10.25119.96%Hold
NPCENeuroPace$6.37$12.88102.20%Buy
FNAParagon 28$6.06$11.5089.77%Buy
OFIXOrthofix Medical$17.33$31.0078.88%-
IRTCiRhythm$81.44$121.1748.78%Buy
LIVNLivaNova$49.01$70.5043.85%Buy
KIDSOrthoPediatrics$28.74$39.6037.79%Buy
CNMDCONMED$70.47$96.0036.23%Buy
BRKRBruker$59.35$73.7524.26%Buy
ITGRInteger$126.53$138.009.07%Buy
SRDXSurmodics$37.57$39.505.14%Buy
GKOSGlaukos$131.38$119.33-9.17%Buy

IRTC Forecast FAQ


Yes, according to 19 Wall Street analysts, iRhythm (IRTC) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 15 'Buy' recommendations, accounting for 84.21% of IRTC's total ratings.

iRhythm (IRTC) average price target is $121.17 with a range of $78 to $190, implying a 48.78% from its last price of $81.44. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for IRTC stock, the company can go up by 48.78% (from the last price of $81.44 to the average price target of $121.17), up by 133.30% based on the highest stock price target, and down by -4.22% based on the lowest stock price target.

IRTC's average twelve months analyst stock price target of $121.17 supports the claim that iRhythm can reach $120 in the near future.

4 Wall Street analysts forecast a $92.75 price target for iRhythm (IRTC) this month, up 13.89% from its last price of $81.44. Compared to the last 3 and 12 months, the average price target increased by 19.93% and increased by 40.64%, respectively.

iRhythm's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $681.24M (high $688.99M, low $675.08M), average EBITDA is $-151M (high $-150M, low $-153M), average net income is $-61.697M (high $-53.987M, low $-69.548M), average SG&A $544.82M (high $551.02M, low $539.9M), and average EPS is $-1.974 (high $-1.727, low $-2.225). IRTC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $799.63M (high $809.78M, low $791.65M), average EBITDA is $-177M (high $-175M, low $-179M), average net income is $-26.199M (high $-25.859M, low $-26.631M), average SG&A $639.5M (high $647.62M, low $633.12M), and average EPS is $-0.838 (high $-0.827, low $-0.852).

Based on iRhythm's last annual report (Dec 2022), the company's revenue was $410.92M, beating the average analysts forecast of $403.23M by 1.91%. Apple's EBITDA was $-85.14M, missing the average prediction of $-134M by -36.65%. The company's net income was $-116M, missing the average estimation of $-155M by -25.30%. Apple's SG&A was $322.2M, beating the average forecast of $317.79M by 1.39%. Lastly, the company's EPS was $-3.88, beating the average prediction of $-3.453 by 12.35%. In terms of the last quarterly report (Sep 2023), iRhythm's revenue was $124.6M, beating the average analysts' forecast of $122.61M by 1.63%. The company's EBITDA was $-27.603M, beating the average prediction of $-27.172M by 1.59%. iRhythm's net income was $-27.116M, beating the average estimation of $-19.897M by 36.28%. The company's SG&A was $93.77M, missing the average forecast of $98.05M by -4.37%. Lastly, the company's EPS was $-0.89, beating the average prediction of $-0.636 by 39.84%