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NASDAQ:IRTC

iRhythm Technologies (IRTC) Stock Price, News & Analysis

iRhythm Technologies logo
$116.33 -2.82 (-2.37%)
Closing price 08/27/2026 04:00 PM Eastern
Extended Trading
$116.38 +0.05 (+0.04%)
As of 07:27 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About iRhythm Technologies Stock (NASDAQ:IRTC)

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Key Stats

Today's Range
$115.98
$120.38
50-Day Range
$104.65
$128.52
52-Week Range
$100.85
$212.00
Volume
402,567 shs
Average Volume
701,633 shs
Market Capitalization
$3.83 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$179.93
Consensus Rating
Moderate Buy

Company Overview

iRhythm Technologies, Inc. is a medical technology company that develops and commercializes wearable cardiac monitoring devices and associated data analytics services. Founded in 2006 and headquartered in San Francisco, California, the company’s flagship product is the Zio® patch, a discreet, single-use, continuous ECG recorder designed to monitor heart rhythms for up to 14 days. iRhythm’s digital diagnostics platform combines biosensor technology with proprietary algorithms to detect arrhythmias and streamline data interpretation for physicians.

The Zio service is prescribed by cardiologists and other healthcare providers to aid in the diagnosis of atrial fibrillation, bradycardia, tachycardia and other rhythm disorders. After wearing the water-resistant patch, patients mail it back to iRhythm’s central lab, where recorded data are analyzed using the company’s AI-powered architecture. A comprehensive report, including annotated ECG strips and rhythm diagnosis, is delivered directly to the prescribing clinician, helping to guide treatment decisions.

iRhythm primarily serves the United States market through partnerships with hospitals, clinics and diagnostic laboratories, and the company has been expanding its global footprint through strategic collaborations and regulatory approvals in select international markets. Leadership is headed by President and Chief Executive Officer Kevin King, who has overseen product innovation and process enhancements to support scalable growth. iRhythm continues to invest in research and development to extend its diagnostic platform into emerging areas of cardiovascular care and digital health.

AI Generated. May Contain Errors.

iRhythm Technologies Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
86th Percentile Overall Score

IRTC MarketRank™: 

iRhythm Technologies scored higher than 86% of companies evaluated by MarketBeat, and ranked 80th out of 920 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    iRhythm Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.94, and is based on 2 strong buy ratings, 12 buy ratings, 1 hold rating, and 1 sell rating.

  • Upside Potential

    iRhythm Technologies has a consensus price target of $179.93, representing about 54.7% upside from its current price of $116.33.

  • Amount of Analyst Coverage

    iRhythm Technologies has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about iRhythm Technologies' stock forecast and price target.
  • Earnings Growth

    Earnings for iRhythm Technologies are expected to grow by 141.67% in the coming year, from $0.60 to $1.45 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of iRhythm Technologies is -270.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of iRhythm Technologies is -270.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    iRhythm Technologies has a P/B Ratio of 20.63. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about iRhythm Technologies' valuation and earnings.
  • Percentage of Shares Shorted

    8.58% of the float of iRhythm Technologies has been sold short.
  • Short Interest Ratio / Days to Cover

    iRhythm Technologies has a short interest ratio ("days to cover") of 3.33, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in iRhythm Technologies has recently decreased by 12.82%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    iRhythm Technologies does not currently pay a dividend.

  • Dividend Growth

    iRhythm Technologies does not have a long track record of dividend growth.

  • News Sentiment

    iRhythm Technologies has a news sentiment score of 1.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.90 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for iRhythm Technologies this week, compared to 5 articles on an average week.
  • MarketBeat Follows

    1 people have added iRhythm Technologies to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, iRhythm Technologies insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    0.98% of the stock of iRhythm Technologies is held by insiders.

  • Percentage Held by Institutions

    iRhythm Technologies has minimal institutional ownership at this time.

  • Read more about iRhythm Technologies' insider trading history.
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IRTC Stock News Headlines

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IRTC Stock Analysis - Frequently Asked Questions

iRhythm Technologies' stock was trading at $177.44 at the start of the year. Since then, IRTC shares have decreased by 34.4% and is now trading at $116.33.

iRhythm Technologies (NASDAQ:IRTC) issued its earnings results on Thursday, August, 6th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.04) by $0.62. The firm's revenue was up 20.1% compared to the same quarter last year.
Read the conference call transcript
.

iRhythm Technologies (IRTC) raised $88 million in an IPO on Thursday, October 20th 2016. The company issued 6,294,118 shares at $13.00-$15.00 per share. J.P. Morgan and Morgan Stanley acted as the underwriters for the IPO and Canaccord Genuity and BTIG were co-managers.

Top institutional shareholders of iRhythm Technologies include California State Teachers Retirement System (15.90%), Braidwell LP (1.98%), Wellington Management Group LLP (0.27%) and Covington Investment Advisors Inc. (0.26%). Insiders that own company stock include Quentin S Blackford, Mark J Day, Patrick Michael Murphy, Chad Patterson, Minang Turakhia, Sumi Shrishrimal, Daniel G Wilson, Mervin Smith, Abhijit Y Talwalkar, Brice Bobzien, Marc Wade Rosenbaum and Marc W Rosenbaum.
View institutional ownership trends
.

Shares of IRTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that iRhythm Technologies investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Adobe (ADBE), Advanced Micro Devices (AMD), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

Last Earnings
8/06/2026
Today
8/28/2026
Wells Fargo 21st Annual Healthcare Conference
9/09/2026
Next Earnings (Estimated)
10/29/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Healthcare Equipment & Supplies
Sub-Industry
Healthcare Equipment
Current Symbol
NASDAQ:IRTC
CIK
1388658
Fax
N/A
Employees
2,400
Year Founded
2006

Price Target and Rating

High Price Target
$220.00
Low Price Target
$147.00
Potential Upside/Downside
+54.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.94
Research Coverage
16 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.43)
Trailing P/E Ratio
N/A
Forward P/E Ratio
193.88
P/E Growth
N/A
Net Income
-$44.55 million
Net Margins
-1.69%
Pretax Margin
-1.57%
Return on Equity
10.11%
Return on Assets
1.53%

Debt

Debt-to-Equity Ratio
3.50
Current Ratio
3.86
Quick Ratio
3.74

Sales & Book Value

Annual Sales
$747.14 million
Price / Sales
5.13
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$5.64 per share
Price / Book
20.63

Miscellaneous

Outstanding Shares
32,960,000
Free Float
32,640,000
Market Cap
$3.83 billion
Optionable
Optionable
Beta
1.30

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This page (NASDAQ:IRTC) was last updated on 8/28/2026 by MarketBeat.com Staff.
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