Iris Energy - IREN Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Moderate Buy
Consensus Price Target: $16.25
Forecasted Upside: 113.53%
Number of Analysts: 9
Breakdown:
0 Sell Ratings
1 Hold Ratings
8 Buy Ratings
0 Strong Buy Ratings

^$7.61 As of 09/12/2024 02:34 PM ET

▲ +0.08 (1.06%)

1 month | 3 months | 12 months

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Analyst Price Target for IREN

^$16.25

▲ +113.53% 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 $16.25, with a high forecast of $26.00 and a low forecast of $9.50. The average price target represents a 113.53% upside from the last price of $7.61.

Current Consensus is Moderate Buy

The current consensus among 9 investment analysts is to moderate buy stock in Iris Energy. This rating changed within the last month from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
6 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

3/21/2023

0 strong buy ratings
7 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

6/19/2023

0 strong buy ratings
6 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

9/17/2023

0 strong buy ratings
6 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

12/16/2023

0 strong buy ratings
6 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

3/15/2024

0 strong buy ratings
5 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

6/13/2024

0 strong buy ratings
6 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

8/12/2024

0 strong buy ratings
8 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

9/11/2024

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
9/4/2024	Needham & Company LLC	Initiated Coverage	Hold		Low
8/30/2024	Compass Point	Lower Target	Buy ➝ Buy	$18.50 ➝ $16.00	Low
8/30/2024	Macquarie	Boost Target	Outperform ➝ Outperform	$12.00 ➝ $13.50	Low
8/29/2024	Cantor Fitzgerald	Lower Target	Overweight ➝ Overweight	$23.00 ➝ $20.00	Low
8/29/2024	Canaccord Genuity Group	Reiterated Rating	Buy ➝ Buy	$15.00 ➝ $15.00	Low
8/29/2024	HC Wainwright	Lower Target	Buy ➝ Buy	$15.00 ➝ $13.00	Low
8/23/2024	JPMorgan Chase & Co.	Lower Target	Overweight ➝ Overweight	$11.00 ➝ $9.50	Low
7/24/2024	Cantor Fitzgerald	Reiterated Rating	Overweight ➝ Overweight	$23.00 ➝ $23.00	Low
7/24/2024	HC Wainwright	Reiterated Rating	Buy ➝ Buy	$15.00 ➝ $15.00	Low
7/24/2024	Canaccord Genuity Group	Boost Target	Buy ➝ Buy	$12.00 ➝ $15.00	Low
7/12/2024	B. Riley	Lower Target	Buy ➝ Buy	$18.00 ➝ $17.00	Low
7/10/2024	Sanford C. Bernstein	Initiated Coverage	Outperform	$26.00	Low
6/24/2024	B. Riley	Boost Target	Buy ➝ Buy	$9.50 ➝ $18.00	Low
6/12/2024	Cantor Fitzgerald	Upgrade	Strong-Buy		Low
6/11/2024	Cantor Fitzgerald	Reiterated Rating	Overweight	$23.00	Low
6/4/2024	JPMorgan Chase & Co.	Boost Target	Overweight ➝ Overweight	$10.00 ➝ $11.00	Low
5/16/2024	HC Wainwright	Reiterated Rating	Buy ➝ Buy	$10.00	Low
5/16/2024	Canaccord Genuity Group	Boost Target	Buy ➝ Buy	$9.00 ➝ $12.00	Low
5/6/2024	Canaccord Genuity Group	Reiterated Rating	Buy ➝ Buy	$9.00 ➝ $9.00	Low
4/2/2024	HC Wainwright	Reiterated Rating	Buy ➝ Buy	$10.00	Low
3/28/2024	Canaccord Genuity Group	Reiterated Rating	Buy ➝ Buy	$9.00	N/A
3/28/2024	Cantor Fitzgerald	Reiterated Rating	Overweight ➝ Overweight	$10.00	N/A
3/15/2024	B. Riley	Lower Target	Buy ➝ Buy	$10.00 ➝ $9.50	Low
2/22/2024	Canaccord Genuity Group	Boost Target	Buy ➝ Buy	$8.00 ➝ $9.00	Low
2/21/2024	B. Riley	Boost Target	Buy ➝ Buy	$8.00 ➝ $10.00	Low
12/8/2023	JPMorgan Chase & Co.	Boost Target	Overweight ➝ Overweight	$9.00 ➝ $9.50	Low
12/4/2023	Cantor Fitzgerald	Reiterated Rating	Overweight ➝ Overweight	$10.00	Low
11/22/2023	HC Wainwright	Lower Target	Buy ➝ Buy	$11.00 ➝ $10.00	Low
10/11/2023	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$6.00 ➝ $6.50	Low
10/10/2023	Cantor Fitzgerald	Reiterated Rating	Overweight ➝ Overweight	$10.00	Low
9/25/2023	Cantor Fitzgerald	Reiterated Rating	Overweight ➝ Overweight	$10.00	Low
9/25/2023	B. Riley	Reiterated Rating	Buy ➝ Buy	$8.00	Low
9/14/2023	HC Wainwright	Boost Target	Buy ➝ Buy	$10.00 ➝ $11.00	Low
9/14/2023	Canaccord Genuity Group	Reiterated Rating	Buy ➝ Buy	$8.00	Low
9/5/2023	Cantor Fitzgerald	Reiterated Rating	Overweight ➝ Overweight	$10.00	Low
8/28/2023	Cantor Fitzgerald	Reiterated Rating	Overweight ➝ Overweight	$10.00	Low
8/14/2023	Cantor Fitzgerald	Reiterated Rating	Overweight ➝ Overweight	$7.00	Low
7/20/2023	Compass Point	Boost Target		$13.00 ➝ $24.00	Low
5/12/2023	Cantor Fitzgerald	Upgrade	Neutral ➝ Overweight	$4.00 ➝ $7.00	Low
4/25/2023	B. Riley	Boost Target		$4.00 ➝ $5.00	Low
4/14/2023	Compass Point	Boost Target	Buy	$6.50 ➝ $11.00	Low
4/6/2023	B. Riley	Initiated Coverage	Buy	$4.00	Low
2/17/2023	Canaccord Genuity Group	Lower Target	Buy	$14.00 ➝ $8.00	Low
2/16/2023	HC Wainwright	Upgrade	Neutral ➝ Buy	$3.00 ➝ $8.00	Low
11/22/2022	HC Wainwright	Downgrade	Buy ➝ Neutral	$7.00 ➝ $3.00	Low
11/8/2022	Cantor Fitzgerald	Downgrade	Overweight ➝ Neutral	$7.00 ➝ $3.00	Low
10/25/2022	Compass Point	Boost Target	Buy	$6.50 ➝ $8.50	Low
9/28/2022	JPMorgan Chase & Co.	Initiated Coverage	Overweight ➝ Neutral		Low
9/22/2022	Cowen	Downgrade	Outperform ➝ Market Perform	$14.00 ➝ $4.30	Low
9/22/2022	Cowen	Downgrade	Outperform ➝ Market Perform	$14.00 ➝ $4.30	Low
9/15/2022	Citigroup	Lower Target	Buy	$8.00 ➝ $6.00	Low
9/15/2022	Cantor Fitzgerald	Lower Target		$22.00 ➝ $7.00	Low
9/14/2022	Compass Point	Upgrade	Neutral ➝ Buy	$6.00 ➝ $6.50	Low
8/30/2022	HC Wainwright	Initiated Coverage	Buy	$7.00	Low
8/23/2022	Citigroup	Lower Target	Buy	$18.00 ➝ $8.00	Low
6/28/2022	Cantor Fitzgerald	Reiterated Rating	Overweight	$22.00	Low
6/28/2022	Compass Point	Lower Target		$20.00 ➝ $5.00	Low
5/12/2022	Canaccord Genuity Group	Lower Target	Buy ➝ Buy	$25.00 ➝ $14.00	High
3/9/2022	Cantor Fitzgerald	Lower Target		$25.00 ➝ $22.00	High
3/8/2022	Compass Point	Boost Target	Buy ➝ Neutral	$22.00 ➝ $27.00	High
2/18/2022	Cantor Fitzgerald	Initiated Coverage	Overweight	$25.00	Low
1/14/2022	Canaccord Genuity Group	Lower Target		$30.00 ➝ $25.00	Medium
1/4/2022	Cowen	Initiated Coverage	Outperform	$31.00	High
12/14/2021	Citigroup	Initiated Coverage	Buy		High
12/13/2021	Compass Point	Initiated Coverage	Buy		High
12/13/2021	Macquarie	Initiated Coverage	Outperform	$31.00	High
12/13/2021	JPMorgan Chase & Co.	Initiated Coverage	Overweight	$30.00	High

(Data available from 9/12/2019 forward)

News Sentiment Rating

0.88 (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

14 very positive mentions
8 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

2/15/2024

12 very positive mentions
20 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

3/16/2024

11 very positive mentions
9 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

4/15/2024

4 very positive mentions
6 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

5/15/2024

16 very positive mentions
13 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

6/14/2024

16 very positive mentions
7 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

7/14/2024

20 very positive mentions
26 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

8/13/2024

32 very positive mentions
34 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

9/12/2024

Current Sentiment

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: B. Riley, Canaccord Genuity Group Inc., Cantor Fitzgerald, Compass Point, HC Wainwright, JPMorgan Chase & Co., Macquarie, Needham & Company LLC, and Sanford C. Bernstein.
View the latest analyst ratings for IREN.
What is the current price target for Iris Energy?: 8 Wall Street analysts have set twelve-month price targets for Iris Energy in the last year. Their average twelve-month price target is $16.25, suggesting a possible upside of 113.5%. Sanford C. Bernstein has the highest price target set, predicting IREN will reach $26.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $9.50 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 1 hold rating and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for IREN.
What other companies compete with Iris Energy?: Other companies that are similar to Iris Energy include Coastal Financial, Greenidge Generation, Axos Financial, Atlantic Union Bankshares and Associated Banc. 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.

Iris Energy - IREN Stock Price Target and Predictions

Analyst Price Target for IREN

Current Consensus is Moderate Buy

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.88 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

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

What is the current price target for Iris Energy?

What is the current consensus analyst rating for Iris Energy?

What other companies compete with Iris Energy?

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