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IREN Stock Forecast: IREN Ltd. Price Predictions for 2026-2027

Last close, 3 Aug 2026
$40
+8.02% on the day

The 16 Wall Street analysts covering IREN Ltd. hold a median 12-month price target of $81 — +103.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 11 of 100 as at 1 Aug 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$13.2B
Ticker Nerd rank
11 / 100
Median analyst target
$81
Analysts covering
16
Total return, dividends reinvested
1W
+9.5%
1M
+2.4%
YTD
+5.2%
1Y
+158.1%
From 52W high
−48.0%
From 52W low
+141.6%
$16
$76
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

IREN stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores IREN Ltd. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 1 Aug 2026
11 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Momentum
74
Growth
68
Quality
53
Revisions
26
Value
25
Size
13
Volatility
11
Accruals
10
Issuance
4

Momentum (74): The shares have been drifting up relative to others.

Issuance (4): The company has been issuing shares or taking on financing, diluting existing holders.

The rank is the raw material. Whether the rules would actually own IREN Ltd. — and when they’d sell — is the membership.

Wall Street

IREN stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on IREN, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$0$20$40$60$80$100$120$140Oct 25Jan 26Apr 26Jul 26IRENHigh $131Median $81Low $41

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says16 analysts
12 Buy3 Hold1 Sell
Low $41Median $81High $131

The green dot is the last close — the median target sits +103.8% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
22 July 2026HC Wainwright & Co.MaintainsBuy—
22 July 2026HC Wainwright & Co.MaintainsBuy$85 → $90
21 July 2026Canaccord GenuityMaintainsBuy—
21 July 2026Canaccord GenuityMaintainsBuy$79
15 July 2026MacquarieMaintainsOutperform—
15 July 2026MacquarieMaintainsOutperform$90
6 July 2026Freedom BrokerUpgradeBuy$58
6 July 2026Freedom BrokerUpgradeBuy—
18 June 2026JefferiesInitiatesBuy—
4 June 2026B. Riley SecuritiesMaintainsBuy—
4 June 2026MacquarieMaintainsOutperform—
3 June 2026Canaccord GenuityMaintainsBuy—
28 May 2026Cantor FitzgeraldMaintainsOverweight—
27 May 2026B. Riley SecuritiesMaintainsBuy—
11 May 2026JP MorganMaintainsUnderweight—
11 May 2026MacquarieMaintainsOutperform—
8 May 2026BTIGMaintainsBuy—
8 May 2026HC Wainwright & Co.MaintainsBuy—
9 Apr 2026Cantor FitzgeraldMaintainsOverweight—
10 Feb 2026Canaccord GenuityMaintainsBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Estimates

IREN analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Fundamentals

IREN Ltd. (IREN) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
51.2×

Cheaper than 15% of US stocks

Price / sales
18.6×

Cheaper than 9% of US stocks

Price / book
5.0×

Cheaper than 21% of US stocks

EV / EBITDA
101.3×

Cheaper than 2% of US stocks

Growth & margins
Revenue growth (YoY)
−21.6%

Higher than 11% of US stocks

Earnings growth (YoY)
−0.0%

Higher than 36% of US stocks

Gross margin
64.6%

Higher than 79% of US stocks

Operating margin
−64.5%

Higher than 16% of US stocks

Net margin
20.9%

Higher than 83% of US stocks

Returns & dividend
Return on equity
7.7%

Higher than 59% of US stocks

Return on assets
−3.0%

Higher than 35% of US stocks

Dividend yield
—

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

IREN vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelCapital Markets
CompanyMarket capTKN rank
IRENIREN Ltd.$13.2B
11
SFStifel Financial Corp.$12.8B
92
EVREvercore, Inc.$12.7B
73
JEFJefferies Financial Group, Inc.$12.6B
52
HUTHut 8 Corp.$11.9B
17
CRCLCircle Internet Group, Inc.$15.5B
5
BMNRBitmine Immersion Technologies, Inc.$10.4B
3
Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. IREN appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

News

Latest IREN news & analysis

Situational Awareness: When Leverage Meets Volatility

Zacks Investment Research · 3 Aug 2026neutral

According to Zacks Investment Research, the rapid rise and violent drawdown of Situational Awareness illustrate what happens when leverage meets volatility. The piece describes the episode as a lesson in market physics for both retail and institutional investors.

Why it matters — IREN watchers would care because the piece highlights how leveraged positions can amplify swings in volatile markets, a dynamic relevant to high-volatility names like IREN.

TeraWulf and Cipher Digital Are up 50% in 2026 While IREN Lags Behind. Is It Time to Buy IREN for a Catch-Up Trade?

24/7 Wall Street · 30 July 2026neutral

Shares of IREN rose 27% midday Thursday as part of a broad rally across Bitcoin miner and AI infrastructure stocks, though gains lagged behind peers TeraWulf and Cipher Digital, which are up 50%.

Why it matters — The article notes IREN's price performance is trailing key competitors, raising the question among market participants of whether a catch-up rally could follow.

IREN's 5-Gigawatt Roadmap Could Be a Massive Growth Catalyst

The Motley Fool · 29 July 2026positive

The Motley Fool reported that IREN is building a power and real estate moat for the AI economy through a phased 5-gigawatt strategy, where completed capacity could help finance future expansion and potentially reduce dilution.

Why it matters — IREN watchers would care because the phased roadmap suggests a self-funding growth model that could enable large-scale expansion while potentially limiting shareholder dilution.

5 Best-Performing Leveraged ETFs of Last Week

Zacks Investment Research · 28 July 2026positive

Leveraged ETFs posted significant gains last week, driven by rallies in crypto, AI infrastructure, defense and energy-related stocks.

Why it matters — IREN operates in the crypto and AI infrastructure space, so sector strength in these areas that boosted leveraged ETFs may also support IREN's market positioning.

IREN vs. MSTR: Which Bitcoin Stock Is the Better Choice for Investors?

Zacks Investment Research · 27 July 2026positive

Zacks Investment Research argues that IREN is a stronger investment choice than Strategy due to IREN's contracted AI cloud growth and financing advantages versus Strategy's leveraged Bitcoin model and dilution risks.

Why it matters — The analysis positions IREN's AI cloud business and financing approach as competitive differentiators versus a major Bitcoin-focused peer.

FAQ

Frequently asked questions about IREN stock

What is the IREN stock price forecast for 2026-2027?

The 16 Wall Street analysts covering IREN Ltd. have a median 12-month price target of $81, with estimates ranging from $41 to $131. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is IREN stock a buy right now?

Of the 16 analysts covering IREN Ltd., 12 rate it a Buy, 3 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks IREN Ltd. 11 out of 100 across roughly 4,600 US stocks as at 1 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank IREN?

As at 1 Aug 2026, IREN Ltd. ranks 11 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (74 of 100).

Will IREN stock go up?

No one can know that. What the data says: the median 12-month target from 16 analysts implies +103.8% from the last close, and Ticker Nerd's factor model ranks IREN Ltd. 11 out of 100 as at 1 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the IREN stock forecast for 2030?

No analyst covering IREN Ltd. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for IREN are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $41 to $131 over the next 12 months.

How has IREN stock performed over the past year?

IREN Ltd. returned +158.1% over the 12 months to 3 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does IREN Ltd. do?

IREN Limited is a next-generation data center company focused on power-dense computing workloads, including Bitcoin mining, artificial intelligence, and other high-performance applications. The company designs, owns, and operates vertically integrated data centers, controlling key components such as computing hardware, electrical infrastructure, and supporting facilities to optimize efficiency and reliability.

What is the latest news on IREN?

The most recent item we track (Zacks Investment Research, 3 Aug 2026): "Situational Awareness: When Leverage Meets Volatility". According to Zacks Investment Research, the rapid rise and violent drawdown of Situational Awareness illustrate what happens when leverage meets volatility. The piece describes the episode as a lesson in market physics for both retail and institutional investors.

Company

About IREN Ltd.

IREN Limited is a next-generation data center company focused on power-dense computing workloads, including Bitcoin mining, artificial intelligence, and other high-performance applications. The company designs, owns, and operates vertically integrated data centers, controlling key components such as computing hardware, electrical infrastructure, and supporting facilities to optimize efficiency and reliability. Its operations are powered primarily by renewable energy, with grid-connected sites located in energy-abundant, fiber-connected regions across North America and other selected markets, supporting both sustainability and cost-effective compute at scale. IREN Limited generates revenue mainly from Bitcoin mining by earning block rewards and transaction fees, which are converted into traditional currencies, and increasingly from infrastructure and cloud-style services tailored to AI and high-performance computing clients. Serving enterprises and digital asset networks that require large-scale, resilient compute capacity, IREN Limited positions itself at the intersection of digital infrastructure, financial services, and information technology. Incorporated in 2018 and headquartered in Sydney, Australia, the company plays a notable role in supplying sustainable infrastructure for emerging compute-intensive industries.

CEO Mr. William Roberts · 257 employees · Australia · https://iren.com