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Home โบ Stocks โบ Iridex Corporation (IRIX) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Medical Devices
$1.04
+0.01 (0.97%)Did IRIX Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if IRIDEX is one of their latest high-conviction picks.
Based on our analysis of 4 Wall Street analysts, IRIX has a bullish consensus with a median price target of $2.75 (ranging from $2.75 to $2.75). The overall analyst rating is Strong Buy (10.0/10). Currently trading at $1.04, the median forecast implies a 164.4% upside. This outlook is supported by 1 Buy, 0 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for IRIX.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 15, 2024 | Stifel | Thomas Stephan | Hold | Maintains | $2.00 |
| Aug 26, 2022 | Stifel | Thomas Stephan | Hold | Downgrade | $3.00 |
| May 12, 2021 | Roth Capital | Scott Henry | Buy | Maintains | $11.00 |
| Mar 3, 2021 | Roth Capital | Scott Henry | Buy | Maintains | $9.00 |
| Jan 13, 2021 | Roth Capital | Scott Henry | Buy | Maintains | $6.00 |
| May 12, 2020 | Stifel | Buy | Maintains | $4.00 | |
| Jan 4, 2019 | Stifel | Jonathan Block | Buy | Maintains | $7.00 |
| Jan 4, 2019 | Stifel Nicolaus | Buy | Maintains | $N/A | |
| Oct 26, 2018 | Stifel | Buy | Initiates | $N/A | |
| Oct 26, 2018 | Stifel Nicolaus | Buy | Initiates | $N/A | |
| Dec 21, 2016 | Roth Capital | Buy | Initiates | $N/A | |
| Jan 26, 2016 | Singular Research | Buy | Initiates | $N/A |
The following stocks are similar to IRIDEX based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Iridex Corporation has a market capitalization of $18.00M with a P/E ratio of -4.0x. The company generates $52.68M in trailing twelve-month revenue with a -8.4% profit margin.
Revenue growth is +16.0% quarter-over-quarter, while maintaining an operating margin of -0.1% and return on equity of -126.4%.
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Develops laser systems for eye disease treatment.
Iridex Corporation generates revenue by creating and selling advanced laser systems specifically aimed at treating various eye diseases. The company's innovative technologies, such as MicroPulse, cater to the growing demand for minimally invasive procedures, allowing for safer, more effective treatments that appeal to both healthcare providers and patients.
Iridex is dedicated to improving patient outcomes through collaboration with ophthalmic professionals and research institutions. The company positions itself as a leader in the therapeutic laser market, responding to the increasing preference for non-incisional treatments and enhancing its offerings to meet healthcare needs.
Healthcare
Medical Devices
93
Mr. Patrick Mercer
United States
1996
IRIX incurs narrower year-over-year loss per share in Q4 as growth in retina systems and glaucoma probes boosts revenues, though margins remain pressured by higher costs.
Iridex Corporation (Nasdaq: IRIX) has partnered with EyeProGPO to enhance its distribution of laser-based medical systems for glaucoma and retinal diseases in the U.S.
Iridex's partnership with EyeProGPO enhances its market reach and distribution channels, potentially increasing sales and revenue in the ophthalmology sector, which can positively impact stock performance.
IRIX reported a narrower Q4 loss per share year-over-year, driven by revenue growth in retina systems and glaucoma probes, but faced margin pressure from increased costs.
IRIX's reduced loss per share and revenue growth indicate improving financial health, potentially attracting investor interest despite ongoing margin pressures from rising costs.
IRIDEX Corporation (IRIX) held its Q4 2025 earnings call, discussing financial results and future outlook. Specific details on performance and guidance were shared during the call.
IRIDEX's Q4 2025 earnings results provide insights into its financial health, growth potential, and operational efficiency, crucial for assessing investment risks and opportunities.
The company reported strong revenue performance for Q4 and the full year 2025, supported by ongoing operational efficiencies.
Robust revenue growth signals effective management and operational efficiency, indicating potential for sustained profitability and positive future performance, which can boost investor confidence.
Iridex Corporation (Nasdaq: IRIX) will release its Q4 and full year 2025 financial results and a business update on March 26, 2026, after market close.
Iridex's upcoming financial results and business update could significantly impact stock performance, revealing insights into growth, profitability, and future strategies in the medical device sector.
Iridex Corporation (Nasdaq: IRIX) plans to relocate its headquarters from Mountain View to San Jose, California, enhancing its operations in the medical laser systems sector.
Iridex's headquarters relocation may signal strategic growth and operational efficiency, impacting its market position and investor confidence in future performance.
Based on our analysis of 4 Wall Street analysts, Iridex Corporation (IRIX) has a median price target of $2.75. The highest price target is $2.75 and the lowest is $2.75.
According to current analyst ratings, IRIX has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.04. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict IRIX stock could reach $2.75 in the next 12 months. This represents a 164.4% increase from the current price of $1.04. Please note that this is a projection by Wall Street analysts and not a guarantee.
Iridex Corporation generates revenue by creating and selling advanced laser systems specifically aimed at treating various eye diseases. The company's innovative technologies, such as MicroPulse, cater to the growing demand for minimally invasive procedures, allowing for safer, more effective treatments that appeal to both healthcare providers and patients.
The highest price target for IRIX is $2.75 from at , which represents a 164.4% increase from the current price of $1.04.
The lowest price target for IRIX is $2.75 from at , which represents a 164.4% increase from the current price of $1.04.
The overall analyst consensus for IRIX is bullish. Out of 4 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $2.75.
Stock price projections, including those for Iridex Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.