IREN Limited (IREN)
NASDAQ: IREN · Real-Time Price · USD
9.80
+0.03 (0.31%)
At close: Jun 18, 2025, 4:00 PM
9.89
+0.09 (0.92%)
After-hours: Jun 18, 2025, 7:59 PM EDT
IREN Limited Stock Forecast
Stock Price Forecast
The 11 analysts that cover IREN Limited stock have a consensus rating of "Strong Buy" and an average price target of $19.2, which forecasts a 95.92% increase in the stock price over the next year. The lowest target is $12 and the highest is $26.
Price Target: $19.2 (+95.92%)
Analyst Consensus: Strong Buy
* Price targets were last updated on May 16, 2025.
Analyst Ratings
The average analyst rating for IREN Limited stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Buy | 4 | 4 | 5 | 5 | 4 | 4 |
| Hold | 2 | 2 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 12 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $23 | Strong Buy | Maintains | $23 | +134.69% | May 16, 2025 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $14 → $15 | Strong Buy | Maintains | $14 → $15 | +53.06% | May 15, 2025 |
| Macquarie | Macquarie | Buy Maintains $16 → $20 | Buy | Maintains | $16 → $20 | +104.08% | May 15, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $22 → $21 | Strong Buy | Maintains | $22 → $21 | +114.29% | May 15, 2025 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $15 → $12 | Hold → Buy | Upgrades | $15 → $12 | +22.45% | Mar 13, 2025 |
Financial Forecast
Revenue This Year
512.99M
from 188.76M
Increased by 171.77%
Revenue Next Year
922.09M
from 512.99M
Increased by 79.75%
EPS This Year
0.11
from -0.29
EPS Next Year
0.99
from 0.11
Increased by 787.50%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 570.4M | 1.2B | 1.4B |
| Avg | 513.0M | 922.1M | 1.0B |
| Low | 435.3M | 754.0M | 744.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 202.2% | 134.9% | 53.9% |
| Avg | 171.8% | 79.7% | 13.0% |
| Low | 130.6% | 47.0% | -19.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.42 | 1.92 | 1.22 |
| Avg | 0.11 | 0.99 | 0.78 |
| Low | -0.10 | 0.04 | 0.46 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | 1,619.3% | 23.4% |
| Avg | - | 787.5% | -20.9% |
| Low | - | -64.9% | -53.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.