Iris Energy Ltd
NASDAQ:IREN

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Iris Energy Ltd
NASDAQ:IREN
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Price: 10.1152 USD 0.15% Market Closed
Market Cap: 1.9B USD
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Wall Street
Price Targets

IREN Price Targets Summary
Iris Energy Ltd

Wall Street analysts forecast IREN stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for IREN is 16.8938 USD with a low forecast of 13.13 USD and a high forecast of 27.3 USD.

Lowest
Price Target
13.13 USD
30% Upside
Average
Price Target
16.8938 USD
67% Upside
Highest
Price Target
27.3 USD
170% Upside

IREN Last Price Targets
Iris Energy Ltd

The latest public price target was made on Oct 2, 2024 by Darren Aftahi from Roth Capital , who expects IREN stock to rise by 38% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Darren Aftahi
Roth Capital
14 USD
Upside 38%
1 month ago
Oct 2, 2024
Iris Energy Boasts 'Largest Untapped Power' Portfolios For Bitcoin Mining, Profitable AI Cloud Tech: Analyst
Benzinga
Lucas Pipes
B.Riley Financial
12 USD
Upside 19%
2 months ago
Sep 13, 2024
Iris Energy Ltd. (IREN) PT Lowered to $12 at B.Riley
StreetInsider
Paul Golding
Macquarie
13.5 USD
Upside 33%
2 months ago
Aug 30, 2024
Iris Energy price target raised to $13.50 from $12 at Macquarie
TheFly
Joe Flynn
Compass Point
16 USD
Upside 58%
2 months ago
Aug 30, 2024
Iris Energy price target lowered to $16 from $18.50 at Compass Point
TheFly
Joseph Vafi
Canaccord Genuity
15 USD
Upside 48%
3 months ago
Jul 24, 2024
Iris Energy price target raised to $15 from $12 at Canaccord
TheFly
Lucas Pipes
B.Riley Financial
18 USD
Upside 78%
4 months ago
Jun 24, 2024
Iris Energy Ltd. (IREN) PT Raised to $18 at B.Riley
StreetInsider
Brett Knoblauch
Cantor Fitzgerald
23 USD
Upside 127%
5 months ago
Jun 10, 2024
Cantor Fitzgerald Assumes Iris Energy Ltd. (IREN) at Overweight
StreetInsider
Joseph Vafi
Canaccord Genuity
12 USD
Upside 19%
6 months ago
May 16, 2024
Iris Energy price target raised to $12 from $9 at Canaccord
TheFly
Mike Colonnese
H.C. Wainwright
8 USD
Downside 21%
1 year ago
Feb 16, 2023
Iris Energy Gets Upgrade After Bitmain Equipment Deal, Analyst Expects Stock To Double
Benzinga
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Darren Aftahi
Roth Capital
Price Target 14 USD
Upside/Downside 38%
View Source
Lucas Pipes
B.Riley Financial
Price Target 12 USD
Upside/Downside 19%
View Source
Paul Golding
Macquarie
Price Target 13.5 USD
Upside/Downside 33%
View Source
Joe Flynn
Compass Point
Price Target 16 USD
Upside/Downside 58%
View Source
Joseph Vafi
Canaccord Genuity
Price Target 15 USD
Upside/Downside 48%
View Source
Lucas Pipes
B.Riley Financial
Price Target 18 USD
Upside/Downside 78%
View Source
Brett Knoblauch
Cantor Fitzgerald
Price Target 23 USD
Upside/Downside 127%
View Source
Joseph Vafi
Canaccord Genuity
Price Target 12 USD
Upside/Downside 19%
View Source
Mike Colonnese
H.C. Wainwright
Price Target 8 USD
Upside/Downside 21%
View Source
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Iris Energy Ltd Competitors:
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Revenue
Forecast

Revenue Estimate
Iris Energy Ltd

For the last 3 years the compound annual growth rate for Iris Energy Ltd's revenue is 188%. The projected CAGR for the next 3 years is 70%.

188%
Past Growth
70%
Estimated Growth
Estimates Accuracy
-3%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Iris Energy Ltd

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Iris Energy Ltd

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is IREN's stock price target?
Price Target
16.8938 USD

According to Wall Street analysts, the average 1-year price target for IREN is 16.8938 USD with a low forecast of 13.13 USD and a high forecast of 27.3 USD.

What is Iris Energy Ltd's Revenue forecast?
Projected CAGR
70%

For the last 3 years the compound annual growth rate for Iris Energy Ltd's revenue is 188%. The projected CAGR for the next 3 years is 70%.

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