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iRhythm Holdings, Inc. (IRTC) Stock Analysis

Recovery setup

Buy WaitModerate Confidence

Healthcare · Medical Devices

Earnings in 0 days (2026-04-30). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Wait for pullback to $117.74. Below 200-day MA (death cross); also weak momentum — blocks BUY_NOW at $125.16. Engine's entry $117.74 (Ma50 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Product: iRhythm Services; Leverage penalty (D/E 4.8): -1.5.

iRhythm Holdings provides ambulatory cardiac monitoring services using its Zio wearable biosensor and proprietary cloud-based analytics for detecting arrhythmias. Revenue comes from billing Medicare (~24% in 2025) and commercial payors for long-term continuous monitoring and... Read more

$125.16+37.2% A.UpsideScore 5.6/10#14 of 40 Medical Devices
Entry $117.74(Ma50 Sticky)Stop $107.28Target $169.65(analyst − 13%)A.R:R 3.5:1Setup A.R:R 5.3:1
Analyst target$195.00+55.8%14 analysts
$169.65our TP
$125.16price
$195.00mean
$254

Wait for pullback to $117.74. Below 200-day MA (death cross); also weak momentum — blocks BUY_NOW at $125.16. Engine's entry $117.74 (Ma50 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Product: iRhythm Services; Leverage penalty (D/E 4.8): -1.5. Chart setup: Death cross but MACD improving, RSI 63. Earnings in 0 days. Wait until post-earnings. Score 5.6/10, moderate confidence.

Passes 5/8 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, semi cycle peak clear). Fails on death cross (50MA < 200MA) and earnings proximity 0d<=7d. Suitability: aggressive.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Product: iRhythm Services
Leverage penalty (D/E 4.8): -1.5

Key Metrics

P/E (TTM)
P/E (Fwd)144.4
Mkt Cap$4.0B
EV/EBITDA-132.5
Profit Mgn-6.0%
ROE-36.6%
Rev Growth27.1%
Beta1.18
DividendNone
Rating analysts21

Quality Signals

Piotroski F6/9

Options Flow

P/C0.39bullish
IV75%elevated
Max Pain$270+115.7% vs spot

Concentration Risks(10-K Item 1A)

  • MEDIUMCustomerMedicare program24%
    10-K Item 1A: 'During the year ended December 31, 2025, we received approximately 24% of our total revenue from the Medicare program through CMS.'
  • HIGHProductiRhythm Services
    10-K Item 1A: 'Our current revenue is dependent on orders for our iRhythm Services ... account for substantially all our revenue for the foreseeable future.'

Material Events(8-K, last 90d)

  • 2026-04-01Item 4.01HIGH
    PricewaterhouseCoopers LLP dismissed as independent registered public accounting firm on March 30, 2026. No disagreements or reportable events cited. Successor auditor not named in this filing.
    SEC filing →
  • 2026-03-12Item 5.02LOW
    Board appointed Jason Patten as director and Audit Committee member effective March 12, 2026. Term expires at 2026 Annual Meeting. Routine board appointment; no departure.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

2 floor-breakers·1 ceiling hit

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

52w Position
1.8
Bollinger
1.9
Support Resistance
2.2

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
2.0
Quality Rank
2.1
Growth Rank
8.8
Industry growth leader
GatesDeath cross (50MA < 200MA)EARNINGS PROXIMITY 0d<=7dMomentum 4.9<5.5 (soft — BUY_NOW allowed but watch)Momentum 4.9>=4.5A.R:R 3.5 ≥ 1.5Insider activity: OKNo SEC red flagsSEMI CYCLE PEAK CLEARRecoverySuitability: Aggressive
RSI
63 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $112.98Resistance $128.90

Price Targets

$107
$118
$170
A.Upside+35.5%
A.R:R3.5:1
Setup A.R:R (at entry)5.3:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeCautious

Risk Alerts

! Earnings in 0 days - binary event risk
! Death cross — 50-day MA below 200-day MA
! EARNINGS_PROXIMITY:0d<=7d

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-04-30 (0d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is IRTC stock a buy right now?

Wait for pullback to $117.74. Below 200-day MA (death cross); also weak momentum — blocks BUY_NOW at $125.16. Engine's entry $117.74 (Ma50 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Product: iRhythm Services; Leverage penalty (D/E 4.8): -1.5. Chart setup: Death cross but MACD improving, RSI 63. Earnings in 0 days. Wait until post-earnings. Target $169.65 (+35.5%), stop $107.28 (−16.7%), Setup A.R:R 5.3:1. Score 5.6/10, moderate confidence.

What is the IRTC stock price target?

Take-profit target: $169.65 (+37.2% upside). Target $169.65 (+35.5%), stop $107.28 (−16.7%), Setup A.R:R 5.3:1. Stop-loss: $107.28.

What are the risks of investing in IRTC?

Concentration risk — Product: iRhythm Services; Leverage penalty (D/E 4.8): -1.5.

Is IRTC overvalued or undervalued?

iRhythm Holdings, Inc. trades at a P/E of N/A (forward 144.4). TrendMatrix value score: 6.2/10. Verdict: Buy (Wait for Entry).

What do analysts say about IRTC?

21 analysts cover IRTC with a consensus score of 4.3/5. Average price target: $195.

What does iRhythm Holdings, Inc. do?iRhythm Holdings provides ambulatory cardiac monitoring services using its Zio wearable biosensor and proprietary...

iRhythm Holdings provides ambulatory cardiac monitoring services using its Zio wearable biosensor and proprietary cloud-based analytics for detecting arrhythmias. Revenue comes from billing Medicare (~24% in 2025) and commercial payors for long-term continuous monitoring and mobile cardiac telemetry services.

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