IREN Limited (IREN)
NASDAQ: IREN · Real-Time Price · USD
40.23
-3.61 (-8.23%)
Mar 5, 2026, 3:31 PM EST - Market open
IREN Limited Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for IREN Limited stock have an average target of 64.6, with a low estimate of 29 and a high estimate of 82. The average target predicts an increase of 60.58% from the current stock price of 40.23.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for IREN Limited stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 5 | 5 | 5 |
| Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Hold | 2 | 2 | 3 | 3 | 3 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 10 | 11 | 12 | 12 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $70 | Strong Buy | Maintains | $70 | +74.00% | Feb 10, 2026 |
| Macquarie | Macquarie | Buy Maintains $95 → $70 | Buy | Maintains | $95 → $70 | +74.00% | Feb 6, 2026 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $136 → $82 | Buy | Maintains | $136 → $82 | +103.83% | Feb 6, 2026 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Sell → Strong Buy Upgrades $56 → $80 | Strong Sell → Strong Buy | Upgrades | $56 → $80 | +98.86% | Jan 13, 2026 |
| Goldman Sachs | Goldman Sachs | Hold Initiates $39 | Hold | Initiates | $39 | -3.06% | Dec 18, 2025 |
Financial Forecast
Revenue This Year
1.06B
from 501.02M
Increased by 112.37%
Revenue Next Year
2.86B
from 1.06B
Increased by 168.33%
EPS This Year
0.50
from 0.39
Increased by 28.61%
EPS Next Year
-0.55
from 0.50
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 1.5B | 3.5B | |||
| Avg | 1.1B | 2.9B | |||
| Low | 816.1M | 1.2B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 206.2% | 227.9% | |||
| Avg | 112.4% | 168.3% | |||
| Low | 62.9% | 11.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.05 | 1.29 | |
| Avg | 0.50 | -0.55 | |
| Low | -0.47 | -6.17 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 169.2% | 157.5% | |
| Avg | 28.6% | - | |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.