iRhythm Holdings (IRTC) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.82
- Estimate
- $0.05
- Surprise
- +1662.3%
- Revenue (period 2026-09-30)
- $221.6M
- Score today
- 5.6/10
Revenue source: xbrl.
How the report landed
iRhythm Holdings (IRTC) beat the $0.05 estimate with adjusted EPS of $0.82 — a large 1662.3% upside surprise.
Coverage in the report window
- Wells Fargo Maintains Overweight on iRhythm Holdings, Lowers Price Target to $135 — benzinga, 2026-11-06
Where TrendMatrix's rating stands now
TrendMatrix currently rates IRTC Sell at 5.6/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +1662.3% surprise compares with a +844.0% four-quarter average.
What supports the rating
- Sector modifier (Healthcare): +0.5
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Product: iRhythm Services
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.8)
- Leverage penalty (D/E 3.9): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $87.38
- Price target
- $154.20
- Stop
- $83.71
- Upside to target
- +76.5%
- Reward-to-risk
- 5.1:1
Risk check: trading volume is running 3.9× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-11-06 — shown for context, not personalized investment advice.
IRTC at TrendMatrix's latest read
Healthcare earnings trade on pipeline and payer dynamics as much as the quarter itself; a beat or miss is weighed against trial and reimbursement news.
- Industry
- Medical Devices
- Market cap
- $4.29B
- P/E (fwd)
- 108.9
- 52-week range
- $100.70–$192.47
- Off 52-week high
- 54.6%
- RSI (14)
- 36
- Volume vs avg
- 3.86×
- Score today
- 5.6/10