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Iris Energy (IREN)
NASDAQ:IREN
IREN Analyst Ratings
Strong Buy
8 Buy
1 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
IREN Stock 12 Month Forecast
Average Price Target
$18.22
▲(93.21%Upside)
| Highest Price Target$22.00 | Average Price Target$18.22 | Lowest Price Target$12.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
TipRanks
$10
Hold
6.04%
Upside
Reiterated
06/05/25
Iris Energy's stock score is primarily driven by strong technical analysis and positive earnings call outcomes. While financial performance is strong in revenue growth, profitability challenges weigh on the score. The valuation is weak due to negative earnings. However, the company's strategic focus and operational growth in Bitcoin mining and AI Cloud services present a positive outlook.
Needham
―
Hold
―
Reiterated
05/15/25
H.C. Wainwright
$22→$21
Buy
122.69%
Upside
Reiterated
05/15/25
BTIG
$22
Buy
133.30%
Upside
Reiterated
05/15/25
B.Riley Financial
$14→$15
Buy
59.07%
Upside
Reiterated
05/15/25
Roth MKM
$20.75
Buy
120.04%
Upside
Reiterated
05/15/25
Compass Point
$25→$15
Buy
59.07%
Upside
Reiterated
05/05/25
Bernstein
$26→$20
Buy
112.09%
Upside
Reiterated
03/20/25
J.P. Morgan
$15→$12
Buy
27.25%
Upside
Upgraded
03/13/25
Cantor Fitzgerald
$23→$20
Buy
112.09%
Upside
Reiterated
03/06/25
Canaccord Genuity
$17→$23
Buy
143.90%
Upside
Reiterated
02/13/25
JonesTrading
$22
Buy
133.30%
Upside
Initiated
12/12/24
Macquarie
$13.5→$19
Buy
101.48%
Upside
Reiterated
12/03/24
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
TipRanks
$10
Hold
6.04%
Upside
Reiterated
06/05/25
Iris Energy's stock score is primarily driven by strong technical analysis and positive earnings call outcomes. While financial performance is strong in revenue growth, profitability challenges weigh on the score. The valuation is weak due to negative earnings. However, the company's strategic focus and operational growth in Bitcoin mining and AI Cloud services present a positive outlook.
Needham
―
Hold
―
Reiterated
05/15/25
H.C. Wainwright
$22→$21
Buy
122.69%
Upside
Reiterated
05/15/25
BTIG
$22
Buy
133.30%
Upside
Reiterated
05/15/25
B.Riley Financial
$14→$15
Buy
59.07%
Upside
Reiterated
05/15/25
Roth MKM
$20.75
Buy
120.04%
Upside
Reiterated
05/15/25
Compass Point
$25→$15
Buy
59.07%
Upside
Reiterated
05/05/25
Bernstein
$26→$20
Buy
112.09%
Upside
Reiterated
03/20/25
J.P. Morgan
$15→$12
Buy
27.25%
Upside
Upgraded
03/13/25
Cantor Fitzgerald
$23→$20
Buy
112.09%
Upside
Reiterated
03/06/25
Canaccord Genuity
$17→$23
Buy
143.90%
Upside
Reiterated
02/13/25
JonesTrading
$22
Buy
133.30%
Upside
Initiated
12/12/24
Macquarie
$13.5→$19
Buy
101.48%
Upside
Reiterated
12/03/24
Best Analysts Covering Iris Energy
1 Month
xxx
Success Rate
4/7 ratings generated profit
Average Return
-0.70%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 57.14% of your transactions generating a profit, with an average return of -0.70% per trade.
3 Months
xxx
Success Rate
7/11 ratings generated profit
Average Return
+25.26%
upgraded a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 63.64% of your transactions generating a profit, with an average return of +25.26% per trade.
1 Year
Success Rate
9/11 ratings generated profit
Average Return
+70.11%
upgraded a buy rating 3 months ago
Copying Reginald Smith's trades and holding each position for 1 Year would result in 81.82% of your transactions generating a profit, with an average return of +70.11% per trade.
2 Years
xxx
Success Rate
9/11 ratings generated profit
Average Return
+98.63%
upgraded a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 81.82% of your transactions generating a profit, with an average return of +98.63% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
IREN Analyst Recommendation Trends
Rating
Jan 25
Feb 25
Mar 25
Apr 25
May 25
Strong Buy
9
15
14
12
9
Buy
5
3
0
0
0
Hold
2
3
2
2
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
16
21
16
14
10
Each month's total comprises the sum of three months' worth of ratings.
IREN Financial Forecast
IREN Stock Forecast FAQ
What is IREN’s average 12-month price target, according to analysts?
Based on analyst ratings, Iris Energy’s 12-month average price target is 18.22.
What is IREN’s upside potential, based on the analysts’ average price target?
Iris Energy has 93.21% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is IREN a Buy, Sell or Hold?
Iris Energy has a consensus rating of Strong Buy which is based on 8 buy ratings, 1 hold ratings and 0 sell ratings.
What is Iris Energy’s price target?
The average price target for Iris Energy is 18.22. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $22.00 ,the lowest forecast is $12.00. The average price target represents 93.21% Increase from the current price of $9.43.
The highest analyst price target is $22.00 ,the lowest forecast is $12.00. The average price target represents 93.21% Increase from the current price of $9.43.
What do analysts say about Iris Energy?
Iris Energy’s analyst rating consensus is a Strong Buy. This is based on the ratings of 9 Wall Streets Analysts.
How can I buy shares of IREN?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.