Seeing Is Believing
IREN is currently covered by 6 analysts with an average price target of $16.09. This is a potential upside of $5.42 (50.8%) from yesterday's end of day stock price of $10.67.
Iris Energy Ltd's activity chart (see below) currently has 21 price targets and 59 ratings on display. The stock rating distribution of IREN is 5% HOLD and 95% BUY.
Analysts average stock forecasts to be materialized ratio is 55.2% with an average time for these price targets to be met of 124.2 days.
Highest price target for IREN is $16, Lowest price target is $9.5, average price target is $16.09.
Most recent stock forecast was given by LUCAS PIPES from B. RILEY on 13-Sep-2024. First documented stock forecast 14-Dec-2021.
Currently out of the existing stock ratings of IREN, 2 are a HOLD (5%), 38 are a BUY (95%).
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date
Price targets met ratio
Average potential upside
Average Time (Days) For PT To Be Met
Performance score
Buy
$12
$1.33 (12.46%)
$17
2 months 4 days ago
(13-Sep-2024)
4/6 (66.67%)
$4.44 (58.73%)
65
Buy
$16
$5.33 (49.95%)
$11
2 months 18 days ago
(30-Aug-2024)
3/4 (75%)
$8.09 (102.28%)
254
Buy
$15
$4.33 (40.58%)
$15
2 months 18 days ago
(30-Aug-2024)
8/12 (66.67%)
$7.09 (89.63%)
199
Buy
$13
$2.33 (21.84%)
$15
2 months 19 days ago
(29-Aug-2024)
7/11 (63.64%)
$4.48 (52.58%)
186
Buy
$9.5
$-1.17 (-10.97%)
$11
2 months 25 days ago
(23-Aug-2024)
4/5 (80%)
$0.88 (10.21%)
39
What is IREN (Iris Energy Ltd) average time for price targets to be met?
Which analyst has the current highest performing score on IREN (Iris Energy Ltd) with a proven track record?
Which analyst has the most public recommendations on IREN (Iris Energy Ltd)?
Which analyst is the currently most bullish on IREN (Iris Energy Ltd)?
Which analyst is the currently most reserved on IREN (Iris Energy Ltd)?