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NASDAQ:IREN - Iris Energy Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $28.40
  • Forecasted Upside: 130.15 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$12.34 As of 01/14/2022 01:00 AM ET
▲ +0.27 (2.24%)

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 $28.40
▲ +130.15% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Iris Energy in the last 3 months. The average price target is $28.40, with a high forecast of $31.00 and a low forecast of $25.00. The average price target represents a 130.15% upside from the last price of $12.34.

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 5 polled investment analysts is to buy stock in Iris Energy.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/27/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/25/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/23/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/23/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/22/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/20/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/19/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/18/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/14/2022Canaccord Genuity GroupLower Price Target$30.00 ➝ $25.00Medium
1/14/2022Canaccord Genuity GroupLower Price 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 1/18/2017 forward)

News Sentiment Rating

0.69 (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

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  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/22/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/22/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/21/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/20/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/20/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/19/2021
  • 6 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/19/2021
  • 3 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/18/2022

Current Sentiment

  • 3 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Iris Energy logo
Iris Energy is a Bitcoin mining company. It builds, owns and operates data center infrastructure with a focus on entry into regions where it can access abundant and/or under-utilized renewable energy to power its operations. Iris Energy is based in SYDNEY, Australia.
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Today's Range

Now: $12.34
Low: $11.78
High: $12.49

50 Day Range

MA: N/A

52 Week Range

Now: $12.34
Low: $11.04
High: $28.25

Volume

96,075 shs

Average Volume

170,930 shs

Market Capitalization

$679.14 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., Citigroup Inc., Compass Point, Cowen Inc, JPMorgan Chase & Co., and Macquarie.
View the latest analyst ratings for IREN.

What is the current price target for Iris Energy?

5 Wall Street analysts have set twelve-month price targets for Iris Energy in the last year. Their average twelve-month price target is $28.40, suggesting a possible upside of 130.1%. Macquarie has the highest price target set, predicting IREN will reach $31.00 in the next twelve months. Canaccord Genuity Group Inc. has the lowest price target set, forecasting a price of $25.00 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 5 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 E2open Parent, Skillz, 8X8, CSG Systems International, Sterling Check, Vivint Smart Home, SciPlay, Computer Services, Global Blue Group, Cars.com, Yext, HIVE Blockchain Technologies, Tucows, trivago and DoubleDown Interactive.

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.