IREN Limited (IREN)
NASDAQ: IREN · Real-Time Price · USD
41.76
+1.11 (2.73%)
At close: Oct 2, 2026, 4:00 PM EDT
41.72
-0.04 (-0.10%)
After-hours: Oct 2, 2026, 7:59 PM EDT

IREN Limited Stock Forecast

Stock Price Forecast

According to 20 analysts polled by S&P Global, IREN Limited stock has a consensus rating of "Buy" and an average price target of $77.69. The average 1-year stock price forecast is 86.04% higher than the current stock price, while the lowest is $40 (-4.21%) and the highest is $131 (+213.70%).

Price Target: $77.69 (+86.04%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$40$77.69$80$131
Change-4.21%+86.04%+91.57%+213.70%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy10910111213
Buy111112
Hold334335
Sell221110
Strong Sell000000
Total161516161720

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Rothschild & Co Redburn
Rothschild & Co Redburn
Hold
Initiates
$40
HoldInitiates$40-4.21%Sep 21, 2026
Northland Securities
Northland Securities
Buy
Initiates
$99
BuyInitiates$99+137.07%Sep 18, 2026
BTIG
BTIG
Buy
Reiterates
$80
BuyReiterates$80+91.57%Sep 14, 2026
J.P. Morgan
J.P. Morgan
Buy
Upgrades
$46 → $65
BuyUpgrades$46 → $65+55.65%Sep 14, 2026
Bernstein
Bernstein
Buy
Maintains
$100
BuyMaintains$100+139.46%Sep 3, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.80B
from 707.01M
Increased by 296.31%
Revenue Next Year
7.31B
from 2.80B
Increased by 160.88%
EPS This Year
-3.42
from -0.47
EPS Next Year
-3.98
from -3.42
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
59.04M75.51M187.19M501.02M707.01M2.80B
Revenue Growth
647.49%27.90%147.91%167.65%41.11%296.31%
Operating Income
462.00K-40.47M-27.28M20.57M-378.75M-715.92M
Net Income
-419.77M-171.83M-28.92M86.94M-702.62M-913.23M
EPS
-----0.47-3.42
Free Cash Flow
-----2.23B-20.69B
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High3.3B
Avg2.8B
Low2.5B

Revenue Growth

Revenue Growth202720282029
High
363.8%
Avg
296.3%
Low
255.7%

EPS Forecast

EPS202720282029
High-1.18
Avg-3.42
Low-6.89

EPS Growth

EPS Growth202720282029
High-
Avg-
Low-