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Iris Energy Ltd
NASDAQ:IREN

Watchlist Manager
Iris Energy Ltd Logo
Iris Energy Ltd
NASDAQ:IREN
Watchlist
Price: 5.4901 USD -0.36% Market Closed
Updated: Apr 23, 2024

Wall Street
Price Targets

IREN Price Targets Summary
Iris Energy Ltd

Wall Street analysts forecast IREN stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for IREN is 11.39 USD with a low forecast of 9.09 USD and a high forecast of 19.425 USD.

Lowest
Price Target
9.09 USD
66% Upside
Average
Price Target
11.39 USD
107% Upside
Highest
Price Target
19.425 USD
254% Upside

IREN Last Price Targets
Iris Energy Ltd

The latest public price target was made on Feb 16, 2023 by Mike Colonnese from H.C. Wainwright , who expects IREN stock to rise by 46% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Mike Colonnese
H.C. Wainwright
8 USD
Upside 46%
1 year ago
Feb 16, 2023
Iris Energy Gets Upgrade After Bitmain Equipment Deal, Analyst Expects Stock To Double
Benzinga
Mike Colonnese
H.C. Wainwright
Price Target 8 USD
Upside/Downside 46%
View Source
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Revenue
Forecast

Revenue Estimate
Iris Energy Ltd

For the last 2 years the compound annual growth rate for Iris Energy Ltd's revenue is 209%. The projected CAGR for the next 3 years is 83%.

209%
Past Growth
83%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Operating Income
Forecast

Operating Income Estimate
Iris Energy Ltd

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Iris Energy Ltd

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is IREN's stock price target?
Price Target
11.39 USD

According to Wall Street analysts, the average 1-year price target for IREN is 11.39 USD with a low forecast of 9.09 USD and a high forecast of 19.425 USD.

What is Iris Energy Ltd's Revenue forecast?
Projected CAGR
83%

For the last 2 years the compound annual growth rate for Iris Energy Ltd's revenue is 209%. The projected CAGR for the next 3 years is 83%.