15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 14 firms covering IREN Ltd, 12 rate it Buy or better, 1 sit at Hold, and 1 rate it Sell or worse, a strong buy consensus. Targets range widely, $39.00 to $99.00 (about 2.5x), a sign of real disagreement on valuation. The average target of $75.29 sits 60% above the current $46.96. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.48 next quarter toward $-0.27 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS14 ratings
Strong Buy
Strong Buy00%
Buy1286%
Hold17%
Sell17%
Strong Sell00%
Based on 14 analysts giving stock ratings to IREN Ltd.
As of Sep, 10 of 12 firms rate IREN a Buy (1 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
IREN EPS & revenue forecast
EPS · NEXT QUARTER
$-0.48
Range $-0.48 – $-0.48 · 1 analysts · +1561% YoY
Next period, 1 analysts expect IREN Ltd to earn $-0.48 a share (range $-0.48 – $-0.48), versus $-0.03 a year earlier. Full-year consensus is $-2.44, growing to $-0.27 the year after.
REVENUE · NEXT QUARTER
$403.0M
Range $299.8M – $464.8M · 1 analysts · +118% YoY
Revenue is expected to reach $403.0M (range $299.8M – $464.8M), +118.2% year-over-year. Full-year consensus is $2.8B, rising to $7.2B next year.
Top analysts covering IREN Ltd
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on IREN.
#1
Lucas Pipes
B. Riley Securities · Rank #69
Buy
$96.00+104.4% to target
Overall win rate
43%
+ Follow
#2
MC
Mike Colonnese
HC Wainwright & Co. · Rank #270
Buy
$90.00+91.7% to target
Overall win rate
35%
+ Follow
#3
Gregory Lewis
BTIG · Rank #306
Buy
$80.00+70.4% to target
Overall win rate
40%
+ Follow
#4
Brett Knoblauch
Cantor Fitzgerald · Rank #363
Buy
$99.00+110.8% to target
Overall win rate
35%
+ Follow
#5
Darren Aftahi
Roth Capital · Rank #378
Buy
$94.00+100.2% to target
Overall win rate
23%
+ Follow
IREN stock forecast FAQ
What is IREN's average 12-month price target?+
The 13 analysts with a live target average $75.29 for IREN Ltd over the next 12 months, ranging from a $99.00 high to a $39.00 low.
Is IREN stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 14 analyst ratings, 12 are Buy or Strong Buy, 1 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for IREN?+
The Street-high target is $99.00 (Cantor Fitzgerald), and the Street-low is $39.00 (Goldman Sachs). The average of all 13 active targets is $75.29.
How many Wall Street analysts cover IREN?+
14 analysts have an active rating on IREN Ltd, and 13 firms carry a live 12-month price target.
Who is the most accurate analyst covering IREN?+
Among analysts who currently cover IREN, Lucas Pipes of B. Riley Securities has the strongest overall Quantellect track record (Rank #69). Their current call is Buy with a $96.00 target.
What is IREN Ltd's projected EPS for next quarter?+
The consensus estimate is $-0.48 per share (range $-0.48 – $-0.48) across 1 analysts. Full-year EPS is projected at $-2.44, rising to $-0.27 the following year.
How much revenue is IREN Ltd expected to report next quarter?+
Consensus revenue is $403.0M (range $299.8M – $464.8M). Full-year revenue is projected at $2.8B, growing to $7.2B next year.
Have analysts been upgrading or downgrading IREN lately?+
As of Sep, 10 of 12 firms rate IREN a Buy (1 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their IREN calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
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