IRadimed Corporation (IRMD) AI Stock Analysis

NASDAQ: IRMDAI research summary: business, growth, valuation, analysts, bull and bear case.

IRMD AI stock analysis summary

AI Research

IRadimed Corporation develops and manufactures MRI-compatible medical devices, including infusion pumps and patient monitoring systems. The company generated $86.3M in trailing twelve-month revenue with an operating margin of 31.2% and a profit margin of 26.7%. Its stock has declined 8.7% year-to-date while maintaining a current ratio of 9.46.

Market cap
$1.13B
Revenue (TTM)
$86.3M
P/E
49.3x
fwd 41.2x
1Y return
17.7%
S&P 500 16.8%
Avg. target
$118.00
33.7% vs last close

Bull case

  • IRadimed delivered a 21.5% revenue CAGR from FY2020 to FY2025, reaching annual revenue of $83.8M.
  • The company maintains high profitability with a gross margin of 76.7% and an operating margin of 31.2% in FY2025.
  • Analysts set a mean price target of $118.00, indicating 33.7% upside relative to the closing price of $88.27.

Bear case

  • In the latest quarter ending June 30, 2026, quarterly earnings fell 9.3% year-over-year while quarterly revenue grew by only 0.3%.
  • The stock trades at a premium trailing P/E of 49.3x, more than double the US-listed Healthcare peer median of 24.6x.
  • The company carries a PEG ratio of 4.46 alongside an elevated price-to-sales multiple of 13.1x.

What IRadimed does

IRADIMED CORPORATION specializes in the development, manufacturing, marketing, and global distribution of medical devices compatible with magnetic resonance imaging (MRI) technology. Its product portfolio features the MRidium MRI-compatible intravenous (IV) infusion pump system with disposable IV tubing sets, alongside MRI-compatible patient vital signs monitoring systems. The company also supplies non-magnetic IV poles, wireless remote displays and controls, side car pump modules, dose error reduction systems, and SpO2 monitoring solutions with sensors and accessories. Serving hospitals, acute care facilities, and outpatient imaging centers, IRADIMED distributes products through direct sales personnel, regional sales directors, clinical support teams, and independent distributor partnerships.

Growth and profitability

From FY2021 to FY2025, IRadimed expanded annual revenue from $41.8M to $83.8M, reflecting a 5-year revenue CAGR of 21.5% from FY2020 to FY2025. Net income increased from $9.3M in FY2021 to $22.5M in FY2025, with EPS climbing from $0.83 to $1.92. Over this timeframe, operating margin widened from 23.5% in FY2021 to 31.2% in FY2025, while gross margin remained steady at 76.7% in FY2025. For the trailing twelve months, revenue reached $86.3M. However, in the latest quarter ending June 30, 2026, quarterly revenue growth slowed to 0.3% year-over-year, and quarterly earnings fell 9.3%.

IRMD income statement →

Balance sheet and cash flow

As of June 30, 2026, IRadimed held $59.1M in cash and short-term investments, with total assets of $115.0M and shareholders' equity of $101.7M. The company maintains strong liquidity, evidenced by a current ratio of 9.46. In FY2025, it generated $24.9M in operating cash flow and $17.2M in free cash flow. Capital allocation in FY2025 included $7.8M for capital expenditures and $15.0M in dividends paid, while the 5-year share count change was 1.9%.

IRMD balance sheet →

Valuation and performance

IRadimed trades at a trailing P/E of 49.3x and a forward P/E of 41.2x, substantially above the median of its US-listed Healthcare peers at 24.6x and 17.3x, respectively. Its enterprise value of $1.05B reflects an EV/EBITDA multiple of 36.1x, compared to the peer median of 12.0x, while its price-to-sales ratio is 13.1x against the peer median of 4.1x. Over the past year, the stock returned 17.7%, slightly exceeding the 16.8% return for the S&P 500. Over five years, IRadimed gained 165.1% compared to 83.0% for the S&P 500.

IRMD key metrics →

IRMD dividend

IRadimed pays a quarterly dividend with a forward annual rate of $0.80, providing a dividend yield of 0.91%. The company's payout ratio stands at 57.6%, and it has paid dividends for 5 consecutive years. Its most recent ex-dividend date was August 14, 2026.

IRMD dividend history →

What analysts expect

Wall Street analysts cover IRadimed with 2 Strong Buy ratings, 0 Buy ratings, and 1 Hold rating. The mean price target is $118.00, representing a 33.7% premium over the last close of $88.27. For the fiscal year ending December 31, 2026, analysts estimate EPS of $2.11 on revenue of $92.1M. IRadimed beat EPS estimates in 3 of the last 4 quarters, and its next earnings release is scheduled for November 2, 2026.

IRMD forecast and price target →

Key risks and what to watch

  • Short interest represents 7.9% of the float, reflecting market skepticism.
  • The stock is down 8.7% year-to-date and trades 5.0% below its 200-day moving average.
  • Dividend payments totaled $15.0M in FY2025 against free cash flow of $17.2M, with a payout ratio of 57.6%.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this IRMD AI stock analysis

This page is an AI-written research summary of IRadimed Corporation (IRMD). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: IRMD income statement, IRMD balance sheet, IRMD key metrics, IRMD analyst forecast, IRMD chart. See the IRMD stock overview for the latest quote and news.

IRMD AI stock analysis FAQ

Does IRadimed pay a dividend?

Yes, IRadimed pays a quarterly dividend with an annual forward payout of $0.80 per share, yielding 0.91%. It has maintained dividend payments for 5 consecutive years.

What is IRadimed's valuation compared to peers?

IRadimed trades at a trailing P/E of 49.3x and a forward P/E of 41.2x, compared to the median for US-listed Healthcare peers of 24.6x and 17.3x. Its EV/EBITDA is 36.1x versus the peer median of 12.0x.

What are analysts forecasting for IRadimed's financial results?

For the fiscal year ending December 31, 2026, consensus estimates project EPS of $2.11 and revenue of $92.1M. For the next fiscal year, 3 analysts forecast EPS of $2.45 on revenue of $104.1M.

How strong is IRadimed's balance sheet?

As of June 30, 2026, the company held $59.1M in cash and short-term investments and reported a current ratio of 9.46. Total shareholders' equity stood at $101.7M against total assets of $115.0M.

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