IRhythm Technologies Stock Target Price and Analyst Consensus
| IRTC Stock | USD 108.33 1.34 1.25% |
The current analyst and expert consensus on IRhythm Technologies is Strong Buy, with 8 strong buy opinions. The current projected IRhythm Technologies target price consensus is 106.83 with 13 analyst opinions. Check out Macroaxis Advice on IRhythm Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For information on how to trade IRhythm Stock refer to our How to Trade IRhythm Stock guide.The most common way iRhythm Technologies analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview IRhythm Technologies executives and customers to further validate their buy or sell advice. IRhythm Technologies buy-or-sell recommendation module provides average expert sentiment on the projected iRhythm Technologies target price to derive its highest and lowest estimates based on projected price volatility of 4.447.
Lowest Forecast 97.22 | Highest Forecast 118.58 | Target Price 106.83 |
IRhythm |
It's important to approach IRhythm Technologies' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
IRhythm Technologies Target Price Consensus
IRhythm target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. IRhythm Technologies' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 13 | Strong Buy |
Most IRhythm analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand IRhythm stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of iRhythm Technologies, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationIRhythm Technologies Target Price Projection
IRhythm Technologies' current and average target prices are 108.33 and 106.83, respectively. The current price of IRhythm Technologies is the price at which iRhythm Technologies is currently trading. On the other hand, IRhythm Technologies' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
IRhythm Technologies Market Quote on 18th of January 2025
Target Price
Analyst Consensus On IRhythm Technologies Target Price
IRhythm Technologies Analyst Ratings
IRhythm Technologies' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about IRhythm Technologies stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of IRhythm Technologies' financials, market performance, and future outlook by experienced professionals. IRhythm Technologies' historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize IRhythm Technologies price targets
IRhythm Technologies' stock target price is an estimate of its future price, usually made by analysts. Using IRhythm Technologies' target price to determine if it is a suitable investment can be done through the following steps:- Look at IRhythm Technologies' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if IRhythm Technologies' stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional IRhythm Technologies Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of IRhythm Technologies is a key component of IRhythm Technologies valuation and have some predictive power on the future returns of a IRhythm Technologies.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IRhythm Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | USD Crypto Fund Invested less than 1 share | |
 | Macroaxis Index Invested over 10K shares | |
 | Manufacturing Invested over 40 shares | |
 | Diversified Assets Invested over 40 shares |
Check out Macroaxis Advice on IRhythm Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For information on how to trade IRhythm Stock refer to our How to Trade IRhythm Stock guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Please note, the presentation of IRhythm Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, IRhythm Technologies' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of IRhythm Technologies' management manipulating its earnings.