15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 14 firms covering IREN Ltd, 11 rate it Buy or better, 2 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. Targets range widely, $39.00 to $99.00 (about 2.5x), a sign of real disagreement on valuation. The average target of $76.62 sits 126% above the current $33.91. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 9 to 11 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.26 next quarter toward $-0.48 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS14 ratings
Moderate Buy
Strong Buy00%
Buy1179%
Hold214%
Sell17%
Strong Sell00%
Based on 14 analysts giving stock ratings to IREN Ltd.
As of Jul, 11 of 14 firms rate IREN a Buy (2 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
IREN EPS & revenue forecast
EPS · NEXT QUARTER
$-0.26
Range $-0.36 – $-0.16 · 2 analysts · -3326% YoY
Next period, 2 analysts expect IREN Ltd to earn $-0.26 a share (range $-0.36 – $-0.16), versus $0.01 a year earlier. , growing to $-0.48 the year after.
REVENUE · NEXT QUARTER
$272.0M
Range $181.2M – $356.5M · 2 analysts · +11% YoY
Revenue is expected to reach $272.0M (range $181.2M – $356.5M), +11.5% year-over-year., rising to $3.0B 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 #74
Buy
$96.00+183.1% to target
Overall win rate
43%
+ Follow
#2
Gregory Lewis
BTIG · Rank #251
Buy
$80.00+135.9% to target
Overall win rate
40%
+ Follow
#3
Brett Knoblauch
Cantor Fitzgerald · Rank #268
Buy
$99.00+191.9% to target
Overall win rate
36%
+ Follow
#4
Darren Aftahi
Roth Capital · Rank #299
Buy
$94.00+177.2% to target
Overall win rate
25%
+ Follow
#5
Joseph Vafi
Canaccord Genuity · Rank #316
Buy
$79.00+132.9% to target
Overall win rate
32%
+ Follow
IREN stock forecast FAQ
What is IREN's average 12-month price target?+
The 12 analysts with a live target average $76.62 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 Moderate Buy. Of the 14 analyst ratings, 11 are Buy or Strong Buy, 2 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 12 active targets is $76.62.
How many Wall Street analysts cover IREN?+
14 analysts have an active rating on IREN Ltd, and 12 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 #74). Their current call is Buy with a $96.00 target.
What is IREN Ltd's projected EPS for next quarter?+
The consensus estimate is $-0.26 per share (range $-0.36 – $-0.16) across 2 analysts, rising to $-0.48 the following year.
How much revenue is IREN Ltd expected to report next quarter?+
Consensus revenue is $272.0M (range $181.2M – $356.5M), growing to $3.0B next year.
Have analysts been upgrading or downgrading IREN lately?+
As of Jul, 11 of 14 firms rate IREN a Buy (2 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.