Iris Energy Ltd Stock Forecast, Predictions & Price Target

Analyst price target for IREN

Based on 4 analysts offering 12 month price targets for Iris Energy Ltd.
Min Forecast
Avg Forecast
Max Forecast

Should I buy or sell IREN stock?

Based on 4 analysts offering ratings for Iris Energy Ltd.
Strong Buy
Strong Buy
2 analysts 50%
1 analysts 25%
1 analysts 25%
0 analysts 0%
Strong Sell
0 analysts 0%

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IREN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Canaccord Genuity
Top 35%
Strong BuyMaintains$8.00+161.44%2023-02-17
HC Wainwright & Co.
Bottom 7%
Cantor Fitzgerald
Bottom 3%
Compass Point
Bottom 12%
Strong BuyMaintains$8.50+177.78%2022-10-25

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IREN vs Capital Market Stocks

TickerPricePrice TargetUp/downsideConsensus
IREN$3.06$6.88+124.67%Strong Buy

Iris Energy Stock Forecast FAQ

Is Iris Energy Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: IREN) stock is to Strong Buy IREN stock.

Out of 4 analysts, 2 (50%) are recommending IREN as a Strong Buy, 1 (25%) are recommending IREN as a Buy, 1 (25%) 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 Price Target?

According to 4 Wall Street analysts that have issued a 1 year IREN price target, the average IREN price target is $6.88, with the highest IREN stock price forecast at $8.50 and the lowest IREN stock price forecast at $3.00.

On average, Wall Street analysts predict that Iris Energy's share price could reach $6.88 by Feb 17, 2024. The average Iris Energy stock price prediction forecasts a potential upside of 124.67% from the current IREN share price of $3.06.
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