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iRhythm Technologies

98.63 USD
-2.33
2.31%
At close Apr 21, 4:00 PM EDT
Pre-market
98.94
+0.31
0.31%
1 day
-2.31%
5 days
-4.03%
1 month
-5.61%
3 months
-9.27%
6 months
58.82%
Year to date
10.28%
1 year
-13.19%
5 years
1.53%
10 years
278.62%
 

About: iRhythm Technologies Inc is a digital healthcare company that creates trusted solutions that detect, predict, and prevent disease. Its principal business is the design, development, and commercialization of device-based technology to provide ambulatory cardiac monitoring services that it believes allow clinicians to diagnose certain arrhythmias quicker and with greater efficiency than other services that rely on traditional technology. Each Zio System combines an FDA-cleared and CE-marked, wire-free, patch-based, 14-day wearable biosensor that continuously records electrocardiogram (ECG) data with a proprietary, FDA-cleared, CE-marked cloud-based data analytic software to help physicians monitor patients and diagnose arrhythmias.

Employees: 2,000

0
Funds holding %
of 7,419 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]

22% more capital invested

Capital invested by funds: $2.54B [Q3] → $3.09B (+$551M) [Q4]

0.03% less ownership

Funds ownership: 109.68% [Q3] → 109.66% (-0.03%) [Q4]

6% less funds holding

Funds holding: 238 [Q3] → 223 (-15) [Q4]

12% less repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 81

24% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 51

56% less call options, than puts

Call options by funds: $11.4M | Put options by funds: $25.8M

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$104
5%
upside
Avg. target
$128
30%
upside
High target
$145
47%
upside

4 analyst ratings

positive
50%
neutral
50%
negative
0%
Goldman Sachs
David Roman
25% 1-year accuracy
5 / 20 met price target
26%upside
$124
Neutral
Maintained
24 Feb 2025
Truist Securities
Richard Newitter
46% 1-year accuracy
22 / 48 met price target
47%upside
$145
Buy
Maintained
21 Feb 2025
Wells Fargo
Nathan Treybeck
0% 1-year accuracy
0 / 4 met price target
5%upside
$104
Equal-Weight
Maintained
21 Feb 2025
Needham
David Saxon
28% 1-year accuracy
18 / 65 met price target
40%upside
$138
Buy
Maintained
21 Feb 2025

Financial journalist opinion

Based on 3 articles about IRTC published over the past 30 days

Neutral
GlobeNewsWire
4 days ago
iRhythm Technologies to Report First Quarter 2025 Financial Results on May 1, 2025
SAN FRANCISCO, April 17, 2025 (GLOBE NEWSWIRE) -- iRhythm Technologies, Inc. (NASDAQ:IRTC), a leading digital health care company focused on creating trusted solutions that detect, prevent, and predict disease, today announced that it will release financial results for the first quarter 2025 after the close of trading on Thursday, May 1, 2025. The company's management team will host a corresponding conference call beginning at 1:30 p.m.
iRhythm Technologies to Report First Quarter 2025 Financial Results on May 1, 2025
Neutral
GlobeNewsWire
5 days ago
iRhythm Technologies Releases 2024 Corporate Sustainability Report That Demonstrates Ongoing Commitment to Culture of Quality and Sustainability
SAN FRANCISCO, April 16, 2025 (GLOBE NEWSWIRE) -- iRhythm Technologies, Inc . (NASDAQ:IRTC), a leading digital health care company focused on creating trusted solutions that detect, predict, and prevent disease, today announced that it has published its 2024 Corporate Sustainability Report , highlighting the company's efforts to build a sustainable and inclusive future.
iRhythm Technologies Releases 2024 Corporate Sustainability Report That Demonstrates Ongoing Commitment to Culture of Quality and Sustainability
Neutral
GlobeNewsWire
3 weeks ago
iRhythm Unveils New Real-World Data at ACC.25 Demonstrating the Benefits of Zio® Long-Term Continuous Monitoring for Arrhythmia Detection
SAN FRANCISCO, March 31, 2025 (GLOBE NEWSWIRE) -- iRhythm Technologies, Inc. (NASDAQ:IRTC) today announced results from two large real-world retrospective analyses presented at the American College of Cardiology (ACC) 2025 Scientific Sessions in Chicago, IL. Drawing on data from more than 1.1 million patients who used iRhythm's Zio® long-term continuous monitoring (LTCM) ECG devices, these studies demonstrate that short-term (24–48-hour) monitoring, such as with Holter devices, fails to detect a significant proportion of actionable arrhythmias—even in patients reporting “daily symptoms”—and that Symptom–Rhythm Correlation (SRC) is notably low for most arrhythmias, underscoring that selection of monitoring duration based on the frequency of symptoms alone can lead to undetected (missed) actionable1 arrhythmias.
iRhythm Unveils New Real-World Data at ACC.25 Demonstrating the Benefits of Zio® Long-Term Continuous Monitoring for Arrhythmia Detection
Positive
Zacks Investment Research
1 month ago
iRhythm Technologies (IRTC) Upgraded to Buy: Here's What You Should Know
iRhythm Technologies (IRTC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
iRhythm Technologies (IRTC) Upgraded to Buy: Here's What You Should Know
Neutral
Seeking Alpha
1 month ago
iRhythm Technologies, Inc. (IRTC) Q4 2024 Earnings Call Transcript
iRhythm Technologies, Inc. (NASDAQ:IRTC ) Q4 2024 Earnings Conference Call February 20, 2025 4:30 PM ET Company Participants Stephanie Zhadkevich - Director, IR Quentin Blackford - President & CEO Daniel Wilson - CFO Conference Call Participants Macauley Kilbane - William Blair Lilia-Celine Lozada - JPMorgan Kallum Titchmarsh - Morgan Stanley Nathan Treybeck - Wells Fargo David Roman - Goldman Sachs Sam Eiber - BTIG Jon Young - Canaccord Genuity David Rescott - Baird Suraj Kalia - Oppenheimer Felipe Lamar - Truist Paige Chamberlain - Wolfe Research Operator Good afternoon. Thank you for attending today's iRhythm Technologies Q4 2024 Earnings Conference Call.
iRhythm Technologies, Inc. (IRTC) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
IRhythm Technologies (IRTC) Beats Q4 Earnings and Revenue Estimates
IRhythm Technologies (IRTC) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.30 per share. This compares to loss of $1.26 per share a year ago.
IRhythm Technologies (IRTC) Beats Q4 Earnings and Revenue Estimates
Neutral
GlobeNewsWire
1 month ago
iRhythm Technologies Announces Fourth Quarter and Full Year 2024 Financial Results
SAN FRANCISCO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital health care company focused on creating trusted solutions that detect, predict, and prevent disease, today reported financial results for the three months and full year ended December 31, 2024.
iRhythm Technologies Announces Fourth Quarter and Full Year 2024 Financial Results
Neutral
Accesswire
2 months ago
Bronstein, Gewirtz & Grossman, LLC Is Investigating iRhythm Technologies, Inc. (IRTC) And Encourages Shareholders to Connect
NEW YORK, NY / ACCESS Newswire / February 14, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of iRhythm Technologies, Inc. ("iRhythm" or "the Company") (NASDAQ:IRTC). Investors who purchased iRhythm securities prior to January 11, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/IRTC.
Bronstein, Gewirtz & Grossman, LLC Is Investigating iRhythm Technologies, Inc. (IRTC) And Encourages Shareholders to Connect
Negative
Zacks Investment Research
2 months ago
Will iRhythm Technologies (IRTC) Report Negative Earnings Next Week? What You Should Know
IRhythm Technologies (IRTC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Will iRhythm Technologies (IRTC) Report Negative Earnings Next Week? What You Should Know
Neutral
Accesswire
2 months ago
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against iRhythm Technologies, Inc. (IRTC) And Encourages Shareholders to Reach Out
NEW YORK, NY / ACCESS Newswire / February 13, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of iRhythm Technologies, Inc. ("iRhythm" or "the Company") (NASDAQ:IRTC). Investors who purchased iRhythm securities prior to January 11, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/IRTC.
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against iRhythm Technologies, Inc. (IRTC) And Encourages Shareholders to Reach Out
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