IREN Limited (IREN)

IREN Limited Stock Forecast

Stock Price Forecast

The 10 analysts that cover IREN Limited stock have a consensus rating of "Strong Buy" and an average price target of $19.22, which forecasts a 12.86% increase in the stock price over the next year. The lowest target is $12 and the highest is $23.

Price Target: $19.22 (+12.86%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$12	$19.22	$21	$23
Change	-29.54%	+12.86%	+23.31%	+35.06%

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	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	6	6	6	6	6	6
Buy	4	5	5	4	4	3
Hold	2	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	12	11	11	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lucas Pipes B. Riley Securities	B. Riley Securities	Strong Buy Maintains $15 → $22	Strong Buy	Maintains	$15 → $22	+29.18%	Jul 10, 2025
Joseph Vafi Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $23	Strong Buy	Maintains	$23	+35.06%	May 16, 2025
Lucas Pipes B. Riley Securities	B. Riley Securities	Strong Buy Maintains $14 → $15	Strong Buy	Maintains	$14 → $15	-11.92%	May 15, 2025
Paul Golding Macquarie	Macquarie	Buy Maintains $16 → $20	Buy	Maintains	$16 → $20	+17.44%	May 15, 2025
Mike Colonnese HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $22 → $21	Strong Buy	Maintains	$22 → $21	+23.31%	May 15, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

504.90M

Increased by 167.49%

from 188.76M

Revenue Next Year

905.89M

Increased by 79.42%

from 504.90M

EPS This Year

0.02

from -0.29

EPS Next Year

0.85

Increased by 4,808.24%

from 0.02

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2020	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	2.17M	7.90M	59.04M	75.51M	188.76M	504.90M	905.89M	987.41M
Revenue Growth	206,553.99%	263.29%	647.49%	27.90%	149.98%	167.49%	79.42%	9.00%
EPS	-0.13	-2.93	-10.25	-3.14	-0.29	0.02	0.85	0.86
EPS Growth	-	-	-	-	-	-	4,808.24%	1.21%
Forward PE	-	-	-	-	-	982.12	20.01	19.77
No. Analysts	-	-	-	-	-	14	13	6

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

Revenue Forecast

Revenue	2025	2026	2027
High	554.2M	1.2B	1.4B
Avg	504.9M	905.9M	987.4M
Low	435.3M	751.0M	744.7M

Revenue Growth

Revenue Growth	2025	2026	2027
High	193.6%	138.7%	56.6%
Avg	167.5%	79.4%	9.0%
Low	130.6%	48.7%	-17.8%

EPS Forecast

EPS	2025	2026	2027
High	0.20	1.92	1.61
Avg	0.02	0.85	0.86
Low	-0.26	-0.89	0.44

EPS Growth

EPS Growth	2025	2026	2027
High	-	10,981.3%	89.7%
Avg	-	4,808.2%	1.2%
Low	-	-	-48.2%

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.