BTIG Reiterates Rating on IRTC $IRTC

Editorial illustration for iRhythm Holdings, Inc. (IRTC)

Key Points

  • BTIG now rates iRhythm Holdings, Inc. ($IRTC) "buy" with a $185 target.
  • BTIG's $185 price target implies 62.78% upside from iRhythm Holdings, Inc.'s ($IRTC) current $113.65 share price.
  • The Street's average $IRTC price target is $176.14 (Strong Buy).
  • $IRTC last traded around $113.65.

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BTIG reiterated its rating on iRhythm Holdings, Inc. ($IRTC) to a "buy" rating in a recent research note and set a price target of $185, a 62.78% upside from the current price.

iRhythm Holdings, Inc. Stock Down 5.5%

Shares of iRhythm Holdings, Inc. ($IRTC) traded around $113.65 on Saturday, down 5.5% for the day.

Last price$113.65
Market cap$3.92B
Forward P/E98.01
Beta1.32
52-week low$100.85
52-week high$212
50-day MA$119.07
200-day MA$135.68
Current ratio3.85
Quick ratio3.65
Debt-to-equity3.91

iRhythm Holdings, Inc. Earnings

EPS (ttm)-$0.42
Revenue (ttm)$825.34M
Revenue growth20.10%
Net margin-1.69%
Return on equity-9.63%
Next earningsNov 5, 2026

Analysts Set New Price Targets

ConsensusStrong Buy
Average target$176.14
High target$196
Low target$157
Analysts covering14

About iRhythm Holdings, Inc.

iRhythm Holdings, 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. In addition, the company offers Zio AT System, a prescription-only remote ECG monitoring system, which consists of the Zio AT patch that records the electric signal from the heart continuously for up to 14 days, as well as incorporates the Zio AT wireless gateway to provide connectivity between the patch and the ZEUS System during the patient wear period. It has a development collaboration agreement with BioIS to develop and commercialize pulse oximetry, accelerometry, and trending non-invasive blood pressure technologies for use within ambulatory cardiac monitoring products and services. The company was formerly known as iRhythm Technologies, Inc. and changed its name to iRhythm Holdings, Inc. in January 2026. iRhythm Holdings, Inc. was incorporated in 2006 and is headquartered in San Francisco, California.

ExchangeNasdaqGS
SectorHealthcare
IndustryMedical Devices
HeadquartersSan Francisco, CA
CEOMr. Quentin S. Blackford
Employees2,400

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