
IREN Stock Forecast & Price Target
IREN Analyst Ratings
Bulls say
IREN Ltd is projected to see revenue and adjusted EBITDA (AEBITDA) growth, with forecasts indicating increases of approximately $870 million and $785 million, respectively, for FY27. The company's strategic focus on expanding its GPU acquisitions to support AI cloud services is expected to significantly boost its annual recurring revenue, potentially exceeding $500 million. Enhancements in operational visibility and execution capabilities are anticipated to lead to an expansion in the company's valuation multiples.
Bears say
IREN Ltd is facing significant challenges that negatively impact its financial outlook, particularly due to escalating depreciation costs, which have adversely affected its earnings per share (EPS). The potential inability to renew critical power contracts poses a further risk, as it could lead to increased power costs that would adversely affect mining economics. Additionally, disruptions in the global supply chain and inflationary pressures may hinder IREN's ability to procure essential equipment, potentially delaying operations and negatively impacting overall financial performance.
This aggregate rating is based on analysts' research of Iris Energy Ltd and is not a guaranteed prediction by Public.com or investment advice.
IREN Analyst Forecast & Price Prediction
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