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Iris Energy - IREN Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $13.51
  • Forecasted Upside: 227.12 %
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$4.13 As of 09/30/2022 01:00 AM ET
▲ +0.35 (9.26%)

This chart shows the closing price for IREN by one month, three months, or twelve months.

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Analyst Price Target for IREN

Analyst Price Target is $13.51
▲ +227.12% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Iris Energy in the last 3 months. The average price target is $13.51, with a high forecast of $31.00 and a low forecast of $4.30. The average price target represents a 227.12% upside from the last price of $4.13.

This chart shows the closing price for IREN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 9 contributing investment analysts is to buy stock in Iris Energy.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/9/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/8/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/6/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/4/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/4/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/3/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/1/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
10/1/2022

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/28/2022JPMorgan Chase & Co.Initiated CoverageOverweight ➝ NeutralLow
9/22/2022CowenDowngradeOutperform ➝ Market Perform$14.00 ➝ $4.30Low
9/22/2022CowenDowngradeOutperform ➝ Market Perform$14.00 ➝ $4.30Low
9/15/2022CitigroupLower TargetBuy$8.00 ➝ $6.00Low
9/15/2022Cantor FitzgeraldLower Target$22.00 ➝ $7.00Low
9/14/2022Compass PointUpgradeNeutral ➝ Buy$6.00 ➝ $6.50Low
8/30/2022HC WainwrightInitiated CoverageBuy$7.00Low
8/23/2022CitigroupLower TargetBuy$18.00 ➝ $8.00Low
6/28/2022Cantor FitzgeraldReiterated RatingOverweight$22.00Low
6/28/2022Compass PointLower Target$20.00 ➝ $5.00Low
5/12/2022Canaccord Genuity GroupLower TargetBuy ➝ Buy$25.00 ➝ $14.00High
3/9/2022Cantor FitzgeraldLower Target$25.00 ➝ $22.00High
3/8/2022Compass PointBoost TargetBuy ➝ Neutral$22.00 ➝ $27.00High
2/18/2022Cantor FitzgeraldInitiated CoverageOverweight$25.00Low
1/14/2022Canaccord Genuity GroupLower Target$30.00 ➝ $25.00Medium
1/14/2022Canaccord Genuity GroupLower Target$30.00 ➝ $25.00Medium
1/4/2022CowenInitiated CoverageOutperform$31.00High
12/14/2021CitigroupInitiated CoverageBuyHigh
12/13/2021Compass PointInitiated CoverageBuyHigh
12/13/2021MacquarieInitiated CoverageOutperform$31.00High
12/13/2021JPMorgan Chase & Co.Initiated CoverageOverweight$30.00High
(Data available from 10/1/2017 forward)

News Sentiment Rating

0.82 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/5/2022
  • 4 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/4/2022
  • 3 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/4/2022
  • 3 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/3/2022
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/3/2022
  • 4 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/2/2022
  • 4 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/1/2022
  • 6 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/1/2022

Current Sentiment

  • 6 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Iris Energy logo
Iris Energy Limited operates as a bitcoin mining company. The company was incorporated in 2018 and is based in Sydney, Australia.
Read More

Today's Range

Now: $4.13
Low: $3.62
High: $4.19

50 Day Range

MA: $4.55
Low: $3.50
High: $6.22

52 Week Range

Now: $4.13
Low: $2.89
High: $28.25

Volume

224,676 shs

Average Volume

225,674 shs

Market Capitalization

$227.07 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Iris Energy?

The following Wall Street analysts have issued research reports on Iris Energy in the last year: Canaccord Genuity Group Inc., Cantor Fitzgerald, Citigroup Inc., Compass Point, Cowen Inc, Cowen Inc., HC Wainwright, JPMorgan Chase & Co., and Macquarie.
View the latest analyst ratings for IREN.

What is the current price target for Iris Energy?

10 Wall Street analysts have set twelve-month price targets for Iris Energy in the last year. Their average twelve-month price target is $13.51, suggesting a possible upside of 227.1%. Macquarie has the highest price target set, predicting IREN will reach $31.00 in the next twelve months. Cowen Inc. has the lowest price target set, forecasting a price of $4.30 for Iris Energy in the next year.
View the latest price targets for IREN.

What is the current consensus analyst rating for Iris Energy?

Iris Energy currently has 3 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe IREN will outperform the market and that investors should add to their positions of Iris Energy.
View the latest ratings for IREN.

What other companies compete with Iris Energy?

Other companies that are similar to Iris Energy include TeraWulf, TransGlobe Energy, Battalion Oil, CENAQ Energy and Blueknight Energy Partners. Learn More about companies similar to Iris Energy.

How do I contact Iris Energy's investor relations team?

The company's listed phone number is 61-2-7906-8301 and its investor relations email address is [email protected] The official website for Iris Energy is irisenergy.co. Learn More about contacing Iris Energy investor relations.