
IREN Stock Forecast & Price Target
IREN Analyst Ratings
Bulls say
IREN Ltd's financial outlook is bolstered by projected increases in revenue and adjusted EBITDA (AEBITDA), with anticipated growth of approximately 2% and 1% for FY26, and a more significant rise of around $870 million in revenue and $785 million in AEBITDA for FY27. The company's strategic expansion into AI Cloud services, supported by a substantial investment in GPU acquisitions, aims to generate over $500 million in annual recurring revenue (ARR), enhancing its competitive positioning in the data center market. As visibility of operations improves and execution strategies are realized, there is potential for an expansion in valuation multiples, further solidifying the positive financial outlook for IREN.
Bears say
The analysis indicates a negative outlook for IREN Ltd due to a significant decline in earnings per share (EPS) attributed to increased depreciation costs. Furthermore, the potential failure to renew energy contracts may lead to soaring power costs, adversely affecting the company's mining economics. Additionally, ongoing global supply chain disruptions, inflationary pressures, and excess demand may hinder IREN's ability to procure necessary equipment, further jeopardizing operational continuity and financial performance.
This aggregate rating is based on analysts' research of Iris Energy Ltd and is not a guaranteed prediction by Public.com or investment advice.
IREN Analyst Forecast & Price Prediction
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