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IREN
Volume: 23.52M
IREN logo

IREN Stock Forecast & Price Target

IREN Analyst Ratings

Based on 12 analyst ratings
Buy
Strong Buy 58%
Buy 33%
Hold 8%
Sell 0%
Strong Sell 0%

Bulls say

IREN Ltd has demonstrated significant revenue growth, with self-mining revenues reaching $113.5 million, marking a 129% increase quarter-over-quarter, driven by rising average Bitcoin prices and boosted production. The company's gross profit margin improved substantially to 74.8% in the second fiscal quarter, showcasing robust operational efficiency compared to the previous quarter's 45.2%. Additionally, a solid cash position of $427.3 million, complemented by a successful $50.4 million equity raise after the quarter, positions IREN favorably for future investments in its expanding data center operations.

Bears say

IREN Ltd. reported a decline in AI cloud services revenues, decreasing from $3.2 million to $2.7 million in F1Q, which signals potential challenges in maintaining growth within its core business areas. Additionally, the company reassessed its year-end 2025 outlook, reducing its estimated capacity from 57 EH/s to 52 EH/s, indicating strategic shifts that may reflect operational uncertainties. The termination of its relationship with Morgan Stanley raises concerns about demand in its Sweetwater facility, compounded by assumptions that Bitcoin prices may fall below $50,000 through 2025, which could impact IREN's financial stability and future performance.

IREN has been analyzed by 12 analysts, with a consensus rating of Buy. 58% of analysts recommend a Strong Buy, 33% recommend Buy, 8% suggest Holding, 0% advise Selling, and 0% 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 12 analysts, IREN has a Buy consensus rating as of Jul 12, 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 $17.44, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $17.44, 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: 23.52M

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