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IREN
Volume: 21.82M

IREN Stock Forecast & Price Target

IREN Analyst Ratings

Based on 11 analyst ratings
Buy
Strong Buy 45%
Buy 27%
Hold 9%
Sell 9%
Strong Sell 9%

Bulls say

IREN Ltd demonstrated a remarkable surge in total revenue, reaching $240.3 million in FQ1, marking a 355% year-over-year increase attributed to an operating hashrate of 50 EH/s and rising spot prices for Bitcoin. The company's forecast indicates significant growth in FY26 and FY27, projecting an increase in revenue and Adjusted EBITDA of approximately $870 million and $785 million, respectively. Additionally, IREN's EBITDA reached $91.5 million, reflecting a substantial year-over-year growth of about 36 times, underscoring the company's solid financial performance and potential for further expansion, particularly in the AI Cloud Services sector.

Bears say

IREN Ltd. faces a negative outlook primarily due to significant depreciation leading to a decline in earnings per share (EPS), which has prompted a downgrade in share ratings. The potential failure to renew contracts could escalate power costs, significantly affecting the profitability of IREN’s Bitcoin mining operations. Additionally, disruptions in the global supply chain could hinder equipment procurement, further complicating IREN's operational efficiency and financial stability.

IREN has been analyzed by 11 analysts, with a consensus rating of Buy. 45% of analysts recommend a Strong Buy, 27% recommend Buy, 9% suggest Holding, 9% advise Selling, and 9% predict a Strong Sell.

This aggregate rating is based on analysts' research of Iris Energy Ltd and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Iris Energy Ltd (IREN) Forecast

Analysts have given IREN a Buy based on their latest research and market trends.

According to 11 analysts, IREN has a Buy consensus rating as of Jan 8, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $70, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $70, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Iris Energy Ltd (IREN)

Volume: 21.82M

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