IREN Limited (IREN)
NASDAQ: IREN · Real-Time Price · USD
41.88
-0.72 (-1.69%)
At close: Aug 21, 2026, 4:00 PM EDT
41.73
-0.15 (-0.36%)
After-hours: Aug 21, 2026, 7:59 PM EDT

IREN Limited Stock Forecast

Stock Price Forecast

According to 17 analysts polled by S&P Global, IREN Limited stock has a consensus rating of "Buy" and an average price target of $80.19. The average 1-year stock price forecast is 91.48% higher than the current stock price, while the lowest is $41 (-2.10%) and the highest is $131 (+212.80%).

Price Target: $80.19 (+91.48%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$41$80.19$80.5$131
Change-2.10%+91.48%+92.22%+212.80%

Analyst Ratings

The average analyst rating for IREN Limited stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy10109101112
Buy111111
Hold233433
Sell222111
Strong Sell000000
Total151615161617

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Needham
Needham
Hold
Maintains
n/a
HoldMaintainsn/an/aAug 14, 2026
Bernstein
Bernstein
Buy
Maintains
$100
BuyMaintains$100+138.78%Aug 13, 2026
H.C. Wainwright
H.C. Wainwright
Buy
Reiterates
$85$90
BuyReiterates$85$90+114.90%Jul 22, 2026
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$79
BuyMaintains$79+88.63%Jul 21, 2026
Goldman Sachs
Goldman Sachs
Hold
Maintains
$50
HoldMaintains$50+19.39%Jul 20, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
722.90M
from 501.02M
Increased by 44.28%
Revenue Next Year
2.98B
from 722.90M
Increased by 311.76%
EPS This Year
-1.57
from 0.35
EPS Next Year
-1.00
from -1.57
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026
Revenue
7.90M59.04M75.51M187.19M501.02M722.90M
Revenue Growth
263.29%647.49%27.90%147.91%167.65%44.28%
Gross Profit
5.68M51.59M36.09M100.13M342.03M492.00M
Gross Margin
71.88%87.38%47.80%53.49%68.27%68.06%
Operating Income
-480.00K462.00K-40.47M-19.20M20.57M-588.30M
Net Income
-60.39M-419.77M-171.83M-28.92M86.94M-273.58M
EPS
----0.35-1.57
Free Cash Flow
9.17M-414.20M-90.64M-435.45M-1.12B-1.95B
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High918.0M
Avg722.9M
Low669.8M

Revenue Growth

Revenue Growth202620272028
High
83.2%
Avg
44.3%
Low
33.7%

EPS Forecast

EPS202620272028
High-0.60
Avg-1.57
Low-3.12

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-