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iRhythm Technologies, Inc.NasdaqGS:IRTC Stock Report

Market Cap US$5.4b
Share Price
US$169.12
My Fair Value
US$182
6.9% undervalued intrinsic discount
1Y141.6%
7D5.3%
Portfolio Value
View

iRhythm Technologies, Inc.

NasdaqGS:IRTC Stock Report

Market Cap: US$5.4b

iRhythm Technologies (IRTC) Stock Overview

A digital healthcare company, engages in the design, development, and commercialization of device-based technology that provides ambulatory cardiac monitoring services to diagnose arrhythmias in the United States. More details

IRTC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

IRTC Community Fair Values

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iRhythm Technologies, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for iRhythm Technologies
Historical stock prices
Current Share PriceUS$169.12
52 Week HighUS$172.59
52 Week LowUS$55.92
Beta1.41
1 Month Change26.04%
3 Month Change18.52%
1 Year Change141.57%
3 Year Change14.49%
5 Year Change-23.04%
Change since IPO549.21%

Recent News & Updates

iRhythm Technologies, Inc. (NASDAQ:IRTC) Just Reported And Analysts Have Been Lifting Their Price Targets

Aug 04
iRhythm Technologies, Inc. (NASDAQ:IRTC) Just Reported And Analysts Have Been Lifting Their Price Targets

Recent updates

iRhythm Technologies, Inc. (NASDAQ:IRTC) Just Reported And Analysts Have Been Lifting Their Price Targets

Aug 04
iRhythm Technologies, Inc. (NASDAQ:IRTC) Just Reported And Analysts Have Been Lifting Their Price Targets

Would iRhythm Technologies (NASDAQ:IRTC) Be Better Off With Less Debt?

Jul 21
Would iRhythm Technologies (NASDAQ:IRTC) Be Better Off With Less Debt?

iRhythm: Promising Outlook - So Long As Past Mistakes Are Not Repeated

Jun 12
User avatar

Ambulatory Monitoring And Digital Health Will Transform Global Markets

Accelerated global adoption of Zio and digital health integration is expanding iRhythm's market reach, operational efficiency, and recurring revenue streams.

iRhythm Technologies, Inc.'s (NASDAQ:IRTC) Share Price Matching Investor Opinion

Apr 24
iRhythm Technologies, Inc.'s (NASDAQ:IRTC) Share Price Matching Investor Opinion

Would iRhythm Technologies (NASDAQ:IRTC) Be Better Off With Less Debt?

Apr 03
Would iRhythm Technologies (NASDAQ:IRTC) Be Better Off With Less Debt?

A Look At The Fair Value Of iRhythm Technologies, Inc. (NASDAQ:IRTC)

Feb 15
A Look At The Fair Value Of iRhythm Technologies, Inc. (NASDAQ:IRTC)

Is It Too Late To Consider Buying iRhythm Technologies, Inc. (NASDAQ:IRTC)?

Jan 31
Is It Too Late To Consider Buying iRhythm Technologies, Inc. (NASDAQ:IRTC)?

What You Can Learn From iRhythm Technologies, Inc.'s (NASDAQ:IRTC) P/S

Jan 16
What You Can Learn From iRhythm Technologies, Inc.'s (NASDAQ:IRTC) P/S

iRhythm Technologies: Today's 510(K) Victory May Only Be A Temporary Reprieve

Oct 22

Take Care Before Jumping Onto iRhythm Technologies, Inc. (NASDAQ:IRTC) Even Though It's 26% Cheaper

Oct 13
Take Care Before Jumping Onto iRhythm Technologies, Inc. (NASDAQ:IRTC) Even Though It's 26% Cheaper

Is iRhythm Technologies (NASDAQ:IRTC) A Risky Investment?

Sep 19
Is iRhythm Technologies (NASDAQ:IRTC) A Risky Investment?

Shareholder Returns

IRTCUS Medical EquipmentUS Market
7D5.3%1.7%0.5%
1Y141.6%5.8%15.7%

Return vs Industry: IRTC exceeded the US Medical Equipment industry which returned 5.9% over the past year.

Return vs Market: IRTC exceeded the US Market which returned 15.7% over the past year.

Price Volatility

Is IRTC's price volatile compared to industry and market?
IRTC volatility
IRTC Average Weekly Movement6.6%
Medical Equipment Industry Average Movement8.2%
Market Average Movement6.5%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: IRTC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: IRTC's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20062,000Quentin Blackfordwww.irhythmtech.com

iRhythm Technologies, Inc., a digital healthcare company, engages in the design, development, and commercialization of device-based technology that provides ambulatory cardiac monitoring services to diagnose arrhythmias in the United States. The company offers Zio ambulatory cardiac monitoring services, including long-term and short-term continuous monitoring and mobile cardiac telemetry monitoring services. It also provides Zio Monitor System, a prescription-only remote electrocardiogram (ECG) monitoring system consisting a patch ECG monitor that records the electric signal from the heart continuously for up to 14 days; Zio XT System, a prescription-only remote ECG monitoring system that consists of the Zio XT patch that records the electric signal from the heart continuously for up to 14 days; and Zio ECG Utilization Software System, which supports the capture and analysis of ECG data.

iRhythm Technologies, Inc. Fundamentals Summary

How do iRhythm Technologies's earnings and revenue compare to its market cap?
IRTC fundamental statistics
Market capUS$5.43b
Earnings (TTM)-US$92.43m
Revenue (TTM)US$657.23m
8.3x
P/S Ratio
-58.8x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IRTC income statement (TTM)
RevenueUS$657.23m
Cost of RevenueUS$198.61m
Gross ProfitUS$458.62m
Other ExpensesUS$551.05m
Earnings-US$92.43m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-2.88
Gross Margin69.78%
Net Profit Margin-14.06%
Debt/Equity Ratio625.1%

How did IRTC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/24 08:25
End of Day Share Price 2025/08/22 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

iRhythm Technologies, Inc. is covered by 26 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David RescottBaird
Michael PolarkBaird
Joanne WuenschBMO Capital Markets Equity Research