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 $62.5, which forecasts a 31.14% increase in the stock price over the next year. The lowest target is $29 and the highest is $82.

Price Target: $62.5 (+31.14%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$29	$62.5	$70	$82
Change	-39.15%	+31.14%	+46.87%	+72.05%

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	4	4	5	5	5	5
Buy	3	3	3	3	3	3
Hold	2	3	3	3	3	2
Sell	1	1	1	1	1	1
Strong Sell	1	1	0	0	0	0
Total	11	12	12	12	12	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brett Knoblauch Cantor Fitzgerald	Cantor Fitzgerald	Buy Maintains $82 → $61	Buy	Maintains	$82 → $61	+27.99%	Apr 9, 2026
Joseph Vafi Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $70	Strong Buy	Maintains	$70	+46.87%	Feb 10, 2026
Paul Golding Macquarie	Macquarie	Buy Maintains $95 → $70	Buy	Maintains	$95 → $70	+46.87%	Feb 6, 2026
Brett Knoblauch Cantor Fitzgerald	Cantor Fitzgerald	Buy Maintains $136 → $82	Buy	Maintains	$136 → $82	+72.05%	Feb 6, 2026
Mike Colonnese HC Wainwright & Co.	HC Wainwright & Co.	Strong Sell → Strong Buy Upgrades $56 → $80	Strong Sell → Strong Buy	Upgrades	$56 → $80	+67.86%	Jan 13, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.03B

Increased by 104.58%

from 501.02M

Revenue Next Year

3.08B

Increased by 200.20%

from 1.03B

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	1.03B	3.08B
Revenue Growth	263.29%	647.49%	27.90%	147.91%	167.65%	104.58%	200.20%
EPS	-2.93	-10.25	-3.14	-0.29	0.39	0.04	0.35
EPS Growth	-	-	-	-	-	-89.50%	758.00%
Forward PE	-	-	-	-	-	1,164.06	135.67
No. Analysts	-	-	-	-	-	20	20

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	1.5B	3.8B
Avg	1.0B	3.1B
Low	760.4M	2.4B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	206.2%	272.1%
Avg	104.6%	200.2%
Low	51.8%	130.4%

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 disclaimer.