IREN Limited (IREN)
NASDAQ: IREN · Real-Time Price · USD
6.80
-0.25 (-3.48%)
Mar 13, 2025, 1:53 PM EDT - Market open
IREN Limited Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for IREN Limited stock have an average target of 18.45, with a low estimate of 10 and a high estimate of 26. The average target predicts an increase of 171.52% from the current stock price of 6.80.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for IREN Limited stock from 12 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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 6 | 6 | 6 |
| Buy | 5 | 5 | 4 | 4 | 4 | 5 |
| Hold | 1 | 1 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 12 | 12 | 12 | 12 |
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 | +76.60% | Mar 13, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $23 | Buy | Reiterates | $23 | +238.48% | 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 | +223.77% | Feb 13, 2025 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $17 → $23 | Strong Buy | Maintains | $17 → $23 | +238.48% | Feb 13, 2025 |
Financial Forecast
Revenue This Year
570.75M
from 188.76M
Increased by 202.37%
Revenue Next Year
1.03B
from 570.75M
Increased by 80.99%
EPS This Year
0.41
from -0.29
EPS Next Year
1.64
from 0.41
Increased by 299.51%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 643.0M | 1.5B | 1.2B |
| Avg | 570.8M | 1.0B | 1.1B |
| Low | 490.2M | 731.1M | 870.1M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 240.6% | 159.7% | 16.4% |
| Avg | 202.4% | 81.0% | 4.1% |
| Low | 159.7% | 28.1% | -15.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.64 | 2.24 | 1.95 |
| Avg | 0.41 | 1.64 | 1.81 |
| Low | 0.20 | 1.04 | 1.66 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | 443.6% | 18.5% |
| Avg | - | 299.5% | 10.0% |
| Low | - | 153.5% | 0.8% |
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.