Should I Buy IRIX? IRIX 2026 Analysis

Should You Buy IRIDEX Corp (IRIX) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

1.480

1 Day change

52 Week Range

1.700

Analysis Updated At

2026/01/26

IRIDEX Corp (IRIX) is not a strong buy at the moment for a beginner investor with a long-term strategy. While there are some positive indicators such as insider buying and a slight revenue increase, the company's financial performance shows declining profitability, and there are no strong technical or proprietary trading signals to support an immediate buy decision. Holding or waiting for better signals is recommended.

Technical Analysis

The stock shows bullish moving averages (SMA_5 > SMA_20 > SMA_200), and the MACD is positive but contracting, indicating mild bullish momentum. RSI is neutral at 67.774, suggesting no overbought or oversold conditions. Key resistance levels are at 1.595 and 1.716, with support at 1.204 and 1.084. Overall, the technical indicators suggest mild bullishness but no strong buy signal.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Insider buying has increased significantly by 1175.17% over the last month, indicating confidence from insiders.
Revenue increased by 7.80% YoY in Q3 2025, showing some growth in the top line.

Neutral/Negative Catalysts

Net income dropped by -18.62% YoY, and EPS declined by -25.00% YoY, reflecting worsening profitability.
Gross margin dropped to 32.15%, down -13.88% YoY, indicating cost pressures.
No recent news or significant events to act as a catalyst for price movement.

Financial Performance

In Q3 2025, IRIDEX Corp reported a revenue increase of 7.80% YoY to $12.48M. However, net income dropped by -18.62% YoY to -$1.57M, and EPS declined by -25.00% YoY to -0.09. Gross margin also fell to 32.15%, down -13.88% YoY, indicating deteriorating profitability.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

No recent analyst ratings or price target updates are available for IRIX.

Analyst Rating

Wall Street analysts forecast IRIX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IRIX is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Buy