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NASDAQ: IREN
Iris Energy Ltd Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for IREN

Based on 9 analysts offering 12 month price targets for Iris Energy Ltd.
Min Forecast
$9.50+47.52%
Avg Forecast
$15.56+141.55%
Max Forecast
$26.00+303.73%

Should I buy or sell IREN stock?

Based on 9 analysts offering ratings for Iris Energy Ltd.
Strong Buy
Strong Buy
6 analysts 66.67%
Buy
3 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their IREN stock forecasts and price targets.

IREN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-09-03
lockedlocked$00.00+00.00%2024-08-30
lockedlocked$00.00+00.00%2024-08-30
lockedlocked$00.00+00.00%2024-08-30
lockedlocked$00.00+00.00%2024-08-29
JP Morgan
Top 33%
68
Strong BuyMaintains$9.50+47.52%2024-08-23
B. Riley Securities
Top 30%
71
Strong BuyMaintains$17.00+163.98%2024-07-12Find out why
Bernstein
Bottom 22%
22
BuyInitiates Coverage On$26.00+303.73%2024-07-10Find out why
Cantor Fitzgerald
Top 4%
97
Strong BuyReiterates$10.00+55.28%2024-04-01

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Forecast return on equity

Is IREN forecast to generate an efficient return?
Company
17.87%
Industry
21.29%
Market
54.94%
IREN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is IREN forecast to generate an efficient return on assets?
Company
17.01%
Industry
4.13%
IREN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

IREN earnings per share forecast

What is IREN's earnings per share in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$0.41
Avg 2 year Forecast
$0.71

IREN revenue forecast

What is IREN's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$449.3M+263.02%
Avg 2 year Forecast
$605.2M+388.99%
IREN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

IREN revenue growth forecast

How is IREN forecast to perform vs Capital Markets companies and vs the US market?
Company
118.91%
Industry
7.4%
Market
8.17%
IREN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
IREN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

IREN vs Capital Market Stocks

TickerPricePrice TargetUp/downsideConsensus
IREN$6.44$15.56+141.55%Strong Buy
AMRK$43.86$47.67+8.68%Strong Buy
WULF$3.73$6.03+61.85%Strong Buy
CIFR$2.70$7.25+168.52%Strong Buy
PWP$18.08$20.50+13.38%Buy
View Top Capital Market Stocks

Iris Energy Stock Forecast FAQ

Is Iris Energy Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NASDAQ: IREN) stock is to Strong Buy IREN stock.

Out of 9 analysts, 6 (66.67%) are recommending IREN as a Strong Buy, 3 (33.33%) are recommending IREN as a Buy, 0 (0%) are recommending IREN as a Hold, 0 (0%) are recommending IREN as a Sell, and 0 (0%) are recommending IREN as a Strong Sell.

If you're new to stock investing, here's how to buy Iris Energy stock.

What is IREN's earnings growth forecast for 2025-2026?

(NASDAQ: IREN) Iris Energy's forecast annual earnings growth rate of N/A is not forecast to beat the US Capital Markets industry's average forecast earnings growth rate of 20.76%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.33%.

Iris Energy's earnings in 2024 is -$19,697,278.On average, 2 Wall Street analysts forecast IREN's earnings for 2025 to be $77,024,426, with the lowest IREN earnings forecast at $52,602,047, and the highest IREN earnings forecast at $101,446,805.

In 2026, IREN is forecast to generate $133,383,762 in earnings, with the lowest earnings forecast at $133,383,762 and the highest earnings forecast at $133,383,762.

What is IREN's revenue growth forecast for 2025-2026?

(NASDAQ: IREN) Iris Energy's forecast annual revenue growth rate of 118.91% is forecast to beat the US Capital Markets industry's average forecast revenue growth rate of 7.4%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.17%.

Iris Energy's revenue in 2024 is $126,294,557.On average, 3 Wall Street analysts forecast IREN's revenue for 2025 to be $84,409,377,827, with the lowest IREN revenue forecast at $82,434,922,415, and the highest IREN revenue forecast at $86,586,726,849.

In 2026, IREN is forecast to generate $113,699,324,850 in revenue, with the lowest revenue forecast at $107,627,545,697 and the highest revenue forecast at $119,771,104,003.

What is IREN's forecast return on assets (ROA) for 2025-2026?

(NASDAQ: IREN) forecast ROA is 17.01%, which is higher than the forecast US Capital Markets industry average of 4.13%.

What is IREN's Price Target?

According to 9 Wall Street analysts that have issued a 1 year IREN price target, the average IREN price target is $15.56, with the highest IREN stock price forecast at $26.00 and the lowest IREN stock price forecast at $9.50.

On average, Wall Street analysts predict that Iris Energy's share price could reach $15.56 by Sep 3, 2025. The average Iris Energy stock price prediction forecasts a potential upside of 141.55% from the current IREN share price of $6.44.

What is IREN's Earnings Per Share (EPS) forecast for 2025-2026?

(NASDAQ: IREN) Iris Energy's current Earnings Per Share (EPS) is -$0.20. On average, analysts forecast that IREN's EPS will be $0.41 for 2025, with the lowest EPS forecast at $0.28, and the highest EPS forecast at $0.54. In 2026, IREN's EPS is forecast to hit $0.71 (min: $0.71, max: $0.71).

What is IREN's forecast return on equity (ROE) for 2025-2026?

(NASDAQ: IREN) forecast ROE is 17.87%, which is considered weak.
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