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Iradimed - IRMD Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $62.50
  • Forecasted Upside: 49.31%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$41.86 As of 04/26/2024 01:00 AM ET
▲ +0.39 (0.94%)

This chart shows the closing price for IRMD by one month, three months, or twelve months.

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Analyst Price Target for IRMD

Analyst Price Target is $62.50
▲ +49.31% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Iradimed in the last 3 months. The average price target is $62.50, with a high forecast of $65.00 and a low forecast of $60.00. The average price target represents a 49.31% upside from the last price of $41.86.

This chart shows the closing price for IRMD for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 3 polled investment analysts is to buy stock in Iradimed. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/3/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/1/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/2/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/31/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/29/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/27/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/27/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/26/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/22/2024Roth CapitalReiterated RatingBuyLow
4/22/2024Roth MkmReiterated RatingBuy$65.00Low
4/1/2024Singular ResearchReiterated RatingBuyLow
8/3/2023Lake Street CapitalBoost Target$55.00 ➝ $60.00Low
4/12/2023Lake Street CapitalInitiated CoverageBuy$50.00Low
2/6/2023MKM PartnersBoost Target$46.00 ➝ $48.00Low
11/2/2021Roth CapitalBoost TargetBuy$36.00 ➝ $42.00High
8/2/2021Roth CapitalBoost TargetBuy$32.00 ➝ $36.00High
8/3/2020Roth CapitalLower TargetBuy$30.00 ➝ $26.00High
4/14/2020Roth CapitalLower Target$32.00 ➝ $30.00High
(Data available from 4/26/2019 forward)

News Sentiment Rating

0.42 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/29/2023
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/29/2023
  • 2 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/28/2023
  • 7 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/28/2023
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/27/2024
  • 7 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/26/2024
  • 5 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2024
  • 2 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/26/2024

Current Sentiment

  • 2 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Iradimed logo
IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices and related accessories, and disposables and services in the United States and internationally. It offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; MRI compatible patient vital signs monitoring system; and 3600 FMD1 with RALU ferromagnetic detection device. The company also provides non-magnetic IV poles, wireless remote displays/controls, side car pump modules, dose error reduction systems, and SpO2 monitoring with sensors and accessories. It serves hospitals, acute care facilities, and outpatient imaging centers. The company sells its products through direct field sales representatives, regional sales directors, clinical application specialists, and independent distributors. IRADIMED CORPORATION was incorporated in 1992 and is headquartered in Winter Springs, Florida.
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Today's Range

Now: $41.86
Low: $41.33
High: $42.27

50 Day Range

MA: $42.74
Low: $40.36
High: $45.48

52 Week Range

Now: $41.86
Low: $36.12
High: $51.04

Volume

27,053 shs

Average Volume

51,427 shs

Market Capitalization

$529.95 million

P/E Ratio

30.78

Dividend Yield

1.41%

Beta

0.82

Frequently Asked Questions

What sell-side analysts currently cover shares of Iradimed?

The following equities research analysts have issued reports on Iradimed in the last twelve months: Lake Street Capital, Roth Capital, Roth Mkm, Singular Research, and StockNews.com.
View the latest analyst ratings for IRMD.

What is the current price target for Iradimed?

2 Wall Street analysts have set twelve-month price targets for Iradimed in the last year. Their average twelve-month price target is $62.50, suggesting a possible upside of 49.3%. Roth Mkm has the highest price target set, predicting IRMD will reach $65.00 in the next twelve months. Lake Street Capital has the lowest price target set, forecasting a price of $60.00 for Iradimed in the next year.
View the latest price targets for IRMD.

What is the current consensus analyst rating for Iradimed?

Iradimed currently has 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe IRMD will outperform the market and that investors should add to their positions of Iradimed.
View the latest ratings for IRMD.

What other companies compete with Iradimed?

Other companies that are similar to Iradimed include Orthofix Medical, Nevro, Embecta, SI-BONE and OraSure Technologies. Learn More about companies similar to Iradimed.

How do I contact Iradimed's investor relations team?

Iradimed's physical mailing address is 1025 Willa Springs Dr., Winter Springs FL, 32708. The medical equipment provider's listed phone number is (407) 677-8022 and its investor relations email address is [email protected]. The official website for Iradimed is www.iradimed.com. Learn More about contacing Iradimed investor relations.