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 $56.69. The average 1-year stock price forecast is 191.02% higher than the current stock price, while the lowest is $23 (+18.07%) and the highest is $139 (+613.55%).

Price Target: $56.69 (+191.02%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$23	$56.69	$55	$139
Change	+18.07%	+191.02%	+182.34%	+613.55%

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

Rating	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26	Nov '26
Strong Buy	10	11	12	13	13	13
Buy	1	1	1	2	3	2
Hold	4	3	3	5	4	5
Sell	1	1	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	16	16	17	20	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Richard Choe J.P. Morgan	J.P. Morgan	Buy Reiterates $65 → $55	Buy	Reiterates	$65 → $55	+182.34%	Nov 10, 2026
Joseph Vafi Canaccord Genuity	Canaccord Genuity	Buy Maintains $79	Buy	Maintains	$79	+305.54%	Nov 6, 2026
Mike Colonnese H.C. Wainwright	H.C. Wainwright	Buy Reiterates $74 → $56	Buy	Reiterates	$74 → $56	+187.47%	Nov 6, 2026
Brett Knoblauch Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $99 → $47	Buy	Reiterates	$99 → $47	+141.27%	Nov 6, 2026
Nehal Chokshi Northland Securities	Northland Securities	Buy Maintains $90 → $74	Buy	Maintains	$90 → $74	+279.88%	Nov 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.39B

from 707.01M

238.70%

from 707.01M

Revenue Next Year

7.19B

from 2.39B

200.32%

from 2.39B

EPS This Year

-1.66

from -0.47

EPS Next Year

0.27

from -1.66

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	59.04M	75.51M	187.19M	501.02M	707.01M	2.39B
Revenue Growth	647.49%	27.90%	147.91%	167.65%	41.11%	238.70%
Gross Profit	51.59M	36.09M	100.13M	342.03M	487.30M	2.00B
Gross Margin	87.38%	47.80%	53.49%	68.27%	68.92%	83.59%
Operating Income	462.00K	-40.47M	-27.28M	20.57M	-378.75M	-721.99M
Net Income	-419.77M	-171.83M	-28.92M	86.94M	-702.62M	-912.74M
EPS	-	-	-	-	-0.47	-1.66
Free Cash Flow	-	-	-	-	-2.23B	-17.09B
No. Analysts	-	-	-	-	-	17

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	2.8B
Avg	2.4B
Low	1.7B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	300.4%
Avg	238.7%
Low	135.8%

EPS Forecast

Chart

EPS	2027	2028	2029
High	-1.41
Avg	-1.66
Low	-1.91

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	-
Avg	-
Low	-