iRhythm Technologies - IRTC Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for iRhythm Technologies in the last twelve months. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IRTC shares.
View IRTC analyst ratings or view top-rated stocks.

10 brokers have issued 1-year target prices for iRhythm Technologies' stock. Their IRTC share price forecasts range from $105.00 to $198.00. On average, they expect the company's share price to reach $162.27 in the next twelve months. This suggests a possible upside of 36.6% from the stock's current price.
View analysts price targets for IRTC or view top-rated stocks among Wall Street analysts.

iRhythm Technologies' stock was trading at $117.69 on January 1st, 2022. Since then, IRTC stock has increased by 1.0% and is now trading at $118.83.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our IRTC earnings forecast.

iRhythm Technologies, Inc. (NASDAQ:IRTC) announced its quarterly earnings data on Thursday, August, 4th. The company reported ($0.79) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.94) by $0.15. The business earned $102.10 million during the quarter, compared to the consensus estimate of $100.51 million. iRhythm Technologies had a negative net margin of 36.15% and a negative trailing twelve-month return on equity of 38.95%. The business's revenue was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.59) EPS.

iRhythm Technologies issued an update on its FY 2027 earnings guidance on Wednesday, September, 21st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.00B-.

20 employees have rated iRhythm Technologies Chief Executive Officer Kevin M. King on Glassdoor.com. Kevin M. King has an approval rating of 91% among the company's employees. This puts Kevin M. King in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other iRhythm Technologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), Salesforce (CRM), Block (SQ), Teladoc Health (TDOC), Trade Desk (TTD), Advanced Micro Devices (AMD), Intel (INTC), Broadcom (AVGO) and Boeing (BA).

(IRTC) raised $76 million in an initial public offering (IPO) on Thursday, October 20th 2016. The company issued 5,400,000 shares at $13.00-$15.00 per share. J.P. Morgan and Morgan Stanley served as the underwriters for the IPO and Canaccord Genuity and BTIG were co-managers.

iRhythm Technologies trades on the NASDAQ under the ticker symbol "IRTC."

iRhythm Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include Sands Capital Management LLC (10.16%), LTS One Management LP (5.12%), JPMorgan Chase & Co. (4.61%), Mackenzie Financial Corp (4.07%), Fiera Capital Corp (2.40%) and State Street Corp (2.34%). Insiders that own company stock include Daniel G Wilson, David A Vort, David A Vort, Douglas Devine, Kevin M King, Mark J Day, Matthew C Garrett, Merz Cathleen Noel Bairey, Ralph Snyderman and Raymond W Scott.
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Shares of IRTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IRTC stock can currently be purchased for approximately $118.83.

iRhythm Technologies (NASDAQ:IRTC) has a market capitalization of $3.57 billion and generates $322.83 million in revenue each year. The company earns $-101,360,000.00 in net income (profit) each year or ($4.42) on an earnings per share basis.

The company employs 1,700 workers across the globe.

iRhythm Technologies' mailing address is 650 TOWNSEND STREET SUITE 500, San Francisco CA, 94103. The official website for the company is www.irhythmtech.com. The company can be reached via phone at (415) 632-5700 or via email at investors@irhythmtech.com.