IREN Limited (IREN)

IREN Limited Stock Forecast

Stock Price Forecast

The 10 analysts that cover IREN Limited stock have a consensus rating of "Buy" and an average price target of $66.2, which forecasts a 21.96% increase in the stock price over the next year. The lowest target is $29 and the highest is $90.

Price Target: $66.2 (+21.96%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$29	$66.2	$80	$90
Change	-46.57%	+21.96%	+47.38%	+65.81%

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	4	5	5	5	5	5
Buy	3	3	3	3	3	3
Hold	3	3	3	3	2	2
Sell	1	1	1	1	1	1
Strong Sell	1	0	0	0	0	0
Total	12	12	12	12	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Paul Golding Macquarie	Macquarie	Buy Maintains $77 → $90	Buy	Maintains	$77 → $90	+65.81%	May 11, 2026
Reginald Smith JP Morgan	JP Morgan	Sell Maintains $39 → $46	Sell	Maintains	$39 → $46	-15.25%	May 11, 2026
Mike Colonnese HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $80 → $85	Strong Buy	Maintains	$80 → $85	+56.60%	May 8, 2026
Gregory Lewis BTIG	BTIG	Strong Buy Maintains $75 → $80	Strong Buy	Maintains	$75 → $80	+47.38%	May 8, 2026
Brett Knoblauch Cantor Fitzgerald	Cantor Fitzgerald	Buy Maintains $82 → $61	Buy	Maintains	$82 → $61	+12.38%	Apr 9, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

976.50M

Increased by 94.90%

from 501.02M

Revenue Next Year

3.00B

Increased by 207.22%

from 976.50M

EPS This Year

0.04

Decreased by -89.50%

from 0.39

EPS Next Year

0.35

Increased by 758.00%

from 0.04

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	7.90M	59.04M	75.51M	187.19M	501.02M	976.50M	3.00B
Revenue Growth	263.29%	647.49%	27.90%	147.91%	167.65%	94.90%	207.22%
EPS	-2.93	-10.25	-3.14	-0.29	0.39	0.04	0.35
EPS Growth	-	-	-	-	-	-89.50%	758.00%
Forward PE	-	-	-	-	-	1,325.75	154.52
No. Analysts	-	-	-	-	-	19	19

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030	2031	2032
High	1.2B	3.8B
Avg	976.5M	3.0B
Low	687.0M	1.9B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030	2031	2032
High	136.9%	290.6%
Avg	94.9%	207.2%
Low	37.1%	91.8%

EPS Forecast

EPS	2026	2027	2028
High	0.91	4.99
Avg	0.04	0.35
Low	-2.54	-1.85

EPS Growth

EPS Growth	2026	2027	2028
High	134.2%	12,081.6%
Avg	-89.5%	758.0%
Low	-	-

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 sources.