IREN Limited (IREN)
NASDAQ: IREN · Real-Time Price · USD
8.39
-0.21 (-2.44%)
At close: May 30, 2025, 4:00 PM
8.39
0.00 (0.00%)
After-hours: May 30, 2025, 5:04 PM EDT
IREN Limited Stock Forecast
Stock Price Forecast
According to 10 professional analysts, the 12-month price target for IREN Limited stock ranges from a low of $12 to a high of $26. The average analyst price target of $19.2 forecasts a 128.84% increase in the stock price over the next year.
Price Target: $19.20 (+128.84%)
Analyst Consensus: Strong Buy
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 | 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 |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $23 | Strong Buy | Maintains | $23 | +174.14% | May 16, 2025 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $14 → $15 | Strong Buy | Maintains | $14 → $15 | +78.78% | May 15, 2025 |
| Macquarie | Macquarie | Buy Maintains $16 → $20 | Buy | Maintains | $16 → $20 | +138.38% | May 15, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $22 → $21 | Strong Buy | Maintains | $22 → $21 | +150.30% | May 15, 2025 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $15 → $12 | Hold → Buy | Upgrades | $15 → $12 | +43.03% | Mar 13, 2025 |
Financial Forecast
Revenue This Year
535.67M
from 188.76M
Increased by 183.79%
Revenue Next Year
965.15M
from 535.67M
Increased by 80.18%
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 | 643.0M | 1.5B | 1.1B |
| Avg | 535.7M | 965.2M | 957.9M |
| Low | 454.4M | 731.1M | 743.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 240.6% | 174.8% | 15.1% |
| Avg | 183.8% | 80.2% | -0.8% |
| Low | 140.7% | 36.5% | -22.9% |
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.