IREN Limited (IREN)
NASDAQ: IREN · Real-Time Price · USD
67.88
+2.55 (3.90%)
Jun 2, 2026, 12:54 PM EDT - Market open
IREN Limited Stock Forecast
Stock Price Forecast
According to 15 analysts polled by S&P Global, IREN Limited stock has a consensus rating of "Buy" and an average price target of $79.84. The average 1-year stock price forecast is 17.63% higher than the current stock price, while the lowest is $41 (-39.59%) and the highest is $126 (+85.64%).
Price Target: $79.84 (+17.63%)
Analyst Consensus: Buy
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
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 8 | 9 | 8 | 8 | 8 | 7 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 2 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 11 | 11 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $44 → $50 | Hold | Maintains | $44 → $50 | -26.34% | May 28, 2026 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $77 → $99 | Buy | Reiterates | $77 → $99 | +45.86% | May 28, 2026 |
| B. Riley Securities | B. Riley Securities | Buy Reiterates $83 → $88 | Buy | Reiterates | $83 → $88 | +29.65% | May 27, 2026 |
| Needham | Needham | Hold Maintains n/a | Hold | Maintains | n/a | n/a | May 14, 2026 |
| BTIG | BTIG | Buy Maintains $80 | Buy | Maintains | $80 | +17.86% | May 12, 2026 |
Financial Forecast
Revenue This Year
764.45M
from 501.02M
Increased by 52.58%
Revenue Next Year
3.10B
from 764.45M
Increased by 305.82%
EPS This Year
-0.63
from 0.39
EPS Next Year
-0.72
from -0.63
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 918.0M | ||
| Avg | 764.4M | ||
| Low | 678.6M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 83.2% | ||
| Avg | 52.6% | ||
| Low | 35.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.27 | ||
| Avg | -0.63 | ||
| Low | -3.12 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -30.8% | ||
| Avg | - | ||
| Low | - |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.