Where IREN Stands With Analysts
Throughout the last three months, 7 analysts have evaluated IREN (NASDAQ:IREN), offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 3 | 1 | 1 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 2 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 1 | 0 |
Analysts have recently evaluated IREN and provided 12-month price targets. The average target is $65.71, accompanied by a high estimate of $82.00 and a low estimate of $39.00. This current average represents a 14.66% decrease from the previous average price target of $77.00.
Breaking Down Analyst Ratings: A Detailed Examination
In examining recent analyst actions, we gain insights into how financial experts perceive IREN. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Joseph Vafi | Canaccord Genuity | Maintains | Buy | $70.00 | $70.00 |
| Paul Golding | Macquarie | Lowers | Outperform | $70.00 | $95.00 |
| Brett Knoblauch | Cantor Fitzgerald | Lowers | Overweight | $82.00 | $136.00 |
| Mike Colonnese | HC Wainwright & Co. | Raises | Buy | $80.00 | $56.00 |
| Michael Ng | Goldman Sachs | Announces | Neutral | $39.00 | - |
| Reginald Smith | JP Morgan | Raises | Underweight | $39.00 | $28.00 |
| Greg Miller | Citizens | Announces | Market Outperform | $80.00 | - |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to IREN. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of IREN compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of IREN's stock. This comparison reveals trends in analysts' expectations over time.
To gain a panoramic view of IREN's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on IREN analyst ratings.
Delving into IREN's Background
IREN Ltd is engaged in data center business powering the future of Bitcoin, AI and beyond utilizing renewable energy. Bitcoin mining operations generate revenue by earning Bitcoin through a combination of Block rewards and transaction fees from the operation of its Bitcoin miners and exchanging these Bitcoin for fiat currencies such as USD or CAD.
Financial Insights: IREN
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: IREN's remarkable performance in 3M is evident. As of 31 December, 2025, the company achieved an impressive revenue growth rate of 59.02%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -84.14%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -5.77%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): IREN's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -2.75%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: IREN's debt-to-equity ratio surpasses industry norms, standing at 1.53. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Basics of Analyst Ratings
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.