Wall Street analyst estimates for IREN Limited (IREN): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
IREN Limited, established in 2018 and based in Sydney, Australia, operates a comprehensive, vertically integrated data center business spanning Australia and Canada. The company possesses and manages all essential infrastructure, including its computing hardware, electrical systems, and the data center facilities themselves.
Consensus price target
$81.00 (+238 % vs price $23.95)
between $40.00 and $100.00 · 5 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2027E | $2.7B | $2.5B – $2.8B | -$1.95 | 5 |
Fiscal year ending in June · figures in USD · consensus as of November 1, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 12 |
| Hold | 3 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 15 |
| Avg rating (−2 sell to +2 buy) | 0.80 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-05 | $-0.73 | ||
| 2026-08-27 | $-1.89 | $-0.55 | -243.1% |
| 2026-05-07 | $-0.74 | $-0.22 | -238.8% |
| 2026-02-05 | $-0.52 | $-0.24 | -115.1% |
| 2025-11-06 | $1.06 | $0.15 | +607.1% |
| 2025-08-28 | $0.65 | $0.18 | +267.9% |
| 2025-05-14 | $0.11 | $0.17 | -35.3% |
| 2025-02-12 | $0.09 | $-0.04 | +325.0% |
Valuation Ratios
| Price / Book | 2.07 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1,053 | $1.5M | $5.9M | $59.0M | $75.5M | $187.2M | $501.0M | $707.0M |
| Cost of Revenue | $1,053 | $637,466 | $1.7M | $7.4M | $54.4M | $105.1M | $159.0M | $219.7M |
| Gross Profit | 0 | $868,894 | $4.3M | $51.6M | $21.1M | $82.1M | $342.0M | $487.3M |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $112,679 | $532,838 | $1.5M | $26.1M | $33.2M | $50.0M | $127.2M | $449.1M |
| Operating Expenses | $112,679 | $2.0M | $4.5M | $51.1M | $69.7M | $109.4M | $319.9M | $1.53B |
| Operating Income | -$112,679 | -$1.2M | -$236,498 | $462,000 | -$48.6M | -$27.3M | $22.1M | -$1.05B |
| EBITDA | 0 | -$656,513 | -$32.6M | $16.1M | -$122.6M | $25.1M | $285.7M | $34.7M |
| Interest Expense | 0 | $70,675 | $10.9M | $425.4M | $16.2M | $98,000 | $11.0M | $59.3M |
| Pre-tax Income | -$161,120 | -$1.5M | -$44.4M | -$417.0M | -$169.4M | -$25.5M | $93.5M | -$708.7M |
| Income Tax | 0 | 0 | $930,224 | $2.7M | $2.4M | $3.5M | $6.6M | -$6.1M |
| Net Income | -$161,120 | -$1.5M | -$45.3M | -$419.8M | -$171.8M | -$28.9M | $86.9M | -$702.6M |
| EPS | -$0.01 | -$0.04 | -$2.18 | -$7.44 | -$3.14 | -$0.29 | $0.41 | -$2.22 |
| EPS (Diluted) | -$0.01 | -$0.04 | -$2.18 | -$7.44 | -$3.14 | -$0.29 | $0.39 | -$2.22 |
| Shares Outstanding (Diluted) | 16.3 M | 55.0 M | 20.6 M | 40.9 M | 54.8 M | 99.6 M | 223.2 M | 316.1 M |
Price
| Price | $23.95 (closing price, October 30, 2026) |
| Market Cap | $9.7B |
| Exchange | NASDAQ |
| Country | AU |
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Explore sector: Technology · Software - Services
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