IREN Limited (IREN)
NASDAQ: IREN · Real-Time Price · USD
7.04
+0.15 (2.18%)
At close: May 9, 2025, 4:00 PM
7.04
0.00 (0.00%)
After-hours: May 9, 2025, 7:58 PM EDT
IREN Limited Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for IREN Limited stock have an average target of 19.3, with a low estimate of 12 and a high estimate of 26. The average target predicts an increase of 174.15% from the current stock price of 7.04.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 13, 2025.
Analyst Ratings
The average analyst rating for IREN Limited stock from 11 stock analysts 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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Buy | 4 | 4 | 4 | 5 | 5 | 4 |
| Hold | 2 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 12 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold → Buy Upgrades $15 → $12 | Hold → Buy | Upgrades | $15 → $12 | +70.45% | Mar 13, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $23 | Buy | Reiterates | $23 | +226.70% | Feb 13, 2025 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Feb 13, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $16 → $22 | Strong Buy | Maintains | $16 → $22 | +212.50% | Feb 13, 2025 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $17 → $23 | Strong Buy | Maintains | $17 → $23 | +226.70% | Feb 13, 2025 |
Financial Forecast
Revenue This Year
535.33M
from 188.76M
Increased by 183.61%
Revenue Next Year
965.24M
from 535.33M
Increased by 80.31%
EPS This Year
0.18
from -0.29
EPS Next Year
1.13
from 0.18
Increased by 532.55%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 643.0M | 1.5B | 1.1B |
| Avg | 535.3M | 965.2M | 957.6M |
| Low | 452.8M | 731.1M | 742.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 240.6% | 175.0% | 15.1% |
| Avg | 183.6% | 80.3% | -0.8% |
| Low | 139.9% | 36.6% | -23.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.51 | 1.79 | 1.22 |
| Avg | 0.18 | 1.13 | 0.86 |
| Low | -0.10 | 0.04 | 0.28 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | 897.7% | 8.2% |
| Avg | - | 532.6% | -23.8% |
| Low | - | -78.1% | -74.9% |
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.