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IREN
Volume: 38.07M
IREN logo

IREN Stock Forecast & Price Target

IREN Analyst Ratings

Based on 11 analyst ratings
Buy
Strong Buy 55%
Buy 27%
Hold 0%
Sell 9%
Strong Sell 9%

Bulls say

IREN Ltd reported impressive total revenue of $240.3 million in the first quarter, representing a substantial year-over-year increase of 355%, which was largely driven by a robust operating hashrate of 50 EH/s and favorable spot prices for Bitcoin. The company's projected revenue and Adjusted EBITDA for fiscal years 2026 and 2027 indicate significant growth, with revenue and EBITDA expected to increase by approximately $870 million and $785 million, respectively. Additionally, the company's EBITDA rose dramatically to $91.5 million, reflecting a year-over-year growth of about 36 times, showcasing the effectiveness of its operational strategies in harnessing renewable energy for Bitcoin mining.

Bears say

IREN Ltd faces significant financial challenges that have contributed to a negative outlook on its stock. The company has experienced an increase in depreciation, adversely affecting earnings per share and leading to a downgrade in shares, alongside concerns regarding potential contract renewals that may result in higher power costs impacting mining economics. Additionally, supply chain disruptions and inflation could impede IREN's ability to procure necessary equipment, which poses risks to operational continuity and financial performance, further complicating its business model in the competitive landscape of Bitcoin mining and AI cloud services.

IREN has been analyzed by 11 analysts, with a consensus rating of Buy. 55% of analysts recommend a Strong Buy, 27% recommend Buy, 0% 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 Nov 25, 2025. 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 $68.45, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $68.45, 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: 38.07M

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