IREN Stock Forecast Summary The average 12-month  target price for IREN Ltd (IREN) is approximately $83.00 , based on recent analyses from Wall Street analysts. Forecasts range from a low of $39.00 to a high of $136.00.   As of December 26, 2025, IREN Ltd. (IREN) last closed at  $40.30  per share Analyst Opinions Analyst recommendations are generally positive, with most firms rating the stock as "Buy" or "Strong Buy". The current average brokerage recommendation is 2.07 (on a scale of 1 to 5, where 1 is a Strong Buy).   Recent analyst actions and price targets include: Cantor Fitzgerald:  Maintained a "Buy" rating with a high target of $136.00. Citizens JMP:  Initiated coverage with a "Buy" rating and an $80 price target.   Company Outlook Iren Ltd. is an AI data center operator and Bitcoin miner. The company is transitioning its business model to focus heavily on high-performance computing (AI/HPC) for major customers like Microsoft. This ...

Year range $22.36 - $38.23 Market cap 8.27B USD Avg Volume 7.59M P/E ratio 6.78 Dividend yield 3.37% Primary exchange NYSE Income Statement Quarterly Annual 0 1B 2B 3B Revenue Net income (USD) Sep 2025 Y/Y change Revenue 3.45B 22.81% Operating expense 139.50M -53.72% Net income 411.40M 236.66% Net profit margin 11.92 174.02% Earnings per share 1.04 205.88% EBITDA 722.50M 90.08% Effective tax rate 29.27%

  IREN LTD (USD) Sep 2025 Y/Y change Revenue 240.30M 355.41% Operating expense 219.76M 265.15% Net income 384.61M 843.89% Net profit margin 160.06 263.34% Earnings per share 0.01 105.05% EBITDA 25.09M 569.34% Effective tax rate 33.15% — P/E ratio 23.82