iRhythm Technologies, Inc. (IRTC)

iRhythm Technologies Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for iRhythm Technologies stock have an average target of 129.9, with a low estimate of 100 and a high estimate of 151. The average target predicts a decrease of -5.73% from the current stock price of 137.80.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$100	$129.9	$130	$151
Change	-27.43%	-5.73%	-5.66%	+9.58%

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	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	4	4	4	4	4	4
Buy	4	4	4	4	4	5
Hold	2	2	2	2	2	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
William Plovanic Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $152 → $139	Strong Buy	Maintains	$152 → $139	+0.87%	May 2, 2025
Nathan Treybeck Wells Fargo	Wells Fargo	Hold → Buy Upgrades $104 → $130	Hold → Buy	Upgrades	$104 → $130	-5.66%	May 2, 2025
Mike Polark Baird	Baird	Buy Maintains $133 → $150	Buy	Maintains	$133 → $150	+8.85%	May 2, 2025
David Saxon Needham	Needham	Strong Buy Maintains $138 → $151	Strong Buy	Maintains	$138 → $151	+9.58%	May 2, 2025
David Roman Goldman Sachs	Goldman Sachs	Hold Maintains $91 → $124	Hold	Maintains	$91 → $124	-10.01%	Feb 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

695.19M

Increased by 17.46%

from 591.84M

Revenue Next Year

812.92M

Increased by 16.93%

from 695.19M

EPS This Year

-1.67

from -3.63

EPS Next Year

-0.56

from -1.67

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	695.19M	812.92M	948.70M
Revenue Growth	23.59%	21.74%	27.29%	19.90%	20.13%	17.46%	16.93%	16.70%
EPS	-1.58	-3.46	-3.88	-4.04	-3.63	-1.67	-0.56	0.60
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	228.21
No. Analysts	-	-	-	-	-	15	15	9

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	719.2M	854.8M	1.0B
Avg	695.2M	812.9M	948.7M
Low	666.4M	764.2M	881.0M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	21.5%	23.0%	26.3%
Avg	17.5%	16.9%	16.7%
Low	12.6%	9.9%	8.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	-1.35	0.16	0.98
Avg	-1.67	-0.56	0.60
Low	-2.27	-1.15	0.27

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.