$6.35
0.33[5.48%]
At close: May 20
$6.35
0[0.00%]
After Hours: 4:13PM EDT
Iris Energy
(NASDAQ:IREN)Iris Energy Stock (NASDAQ:IREN), Analyst Ratings, Price Targets, Predictions
Iris Energy Ltd has a consensus price target of $12.73, established from looking at the 46 latest analyst ratings. The last 3 analyst ratings were released from HC Wainwright & Co., Canaccord Genuity, and Canaccord Genuity on May 16, 2024, May 16, 2024, and May 6, 2024. With an average price target of $10.33 between HC Wainwright & Co., Canaccord Genuity, and Canaccord Genuity, there's an implied 62.73% upside for Iris Energy Ltd from these 3 analyst ratings.
Analyst Firms Making Recommendations1
HC Wainwright & Co.
Canaccord Genuity
Cantor Fitzgerald
B. Riley Securities
JP Morgan
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Iris Energy
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/16/2024 | Buy Now | 57.48% | HC Wainwright & Co. | Mike Colonnese | → $10 | Reiterates | Buy → Buy | Get Alert |
| 05/16/2024 | Buy Now | 88.98% | Canaccord Genuity | Joseph Vafi | $9 → $12 | Maintains | Buy | Get Alert |
| 05/06/2024 | Buy Now | 41.73% | Canaccord Genuity | Joseph Vafi | $9 → $9 | Maintains | Buy | Get Alert |
| 04/02/2024 | Buy Now | 57.48% | HC Wainwright & Co. | Mike Colonnese | $10 → $10 | Maintains | Buy | Get Alert |
| 04/01/2024 | Buy Now | 57.48% | Cantor Fitzgerald | Josh Siegler | → $10 | Reiterates | Overweight → Overweight | Get Alert |
| 03/28/2024 | Buy Now | 41.73% | Canaccord Genuity | Joseph Vafi | → $9 | Reiterates | Buy → Buy | Get Alert |
| 03/28/2024 | Buy Now | 57.48% | Cantor Fitzgerald | Josh Siegler | → $10 | Reiterates | Overweight → Overweight | Get Alert |
| 03/15/2024 | Buy Now | 49.61% | B. Riley Securities | Lucas Pipes | $10 → $9.5 | Maintains | Buy | Get Alert |
| 02/22/2024 | Buy Now | 41.73% | Canaccord Genuity | Joseph Vafi | $8 → $9 | Maintains | Buy | Get Alert |
| 02/21/2024 | Buy Now | 57.48% | B. Riley Securities | Lucas Pipes | $8 → $10 | Maintains | Buy | Get Alert |
| 12/08/2023 | Buy Now | 49.61% | JP Morgan | Reginald Smith | $9 → $9.5 | Maintains | Overweight | Get Alert |
| 12/04/2023 | Buy Now | 57.48% | Cantor Fitzgerald | Josh Siegler | → $10 | Reiterates | Overweight → Overweight | Get Alert |
| 11/22/2023 | Buy Now | 57.48% | HC Wainwright & Co. | Mike Colonnese | $11 → $10 | Maintains | Buy | Get Alert |
| 10/11/2023 | Buy Now | 2.36% | JP Morgan | Reginald Smith | → $6.5 | Upgrade | Neutral → Overweight | Get Alert |
| 10/10/2023 | Buy Now | 57.48% | Cantor Fitzgerald | Josh Siegler | → $10 | Reiterates | Overweight → Overweight | Get Alert |
| 09/25/2023 | Buy Now | 57.48% | Cantor Fitzgerald | Josh Siegler | → $10 | Reiterates | Overweight → Overweight | Get Alert |
| 09/25/2023 | Buy Now | 25.98% | B. Riley Securities | Lucas Pipes | → $8 | Reiterates | Buy → Buy | Get Alert |
| 09/14/2023 | Buy Now | 73.23% | HC Wainwright & Co. | Mike Colonnese | $10 → $11 | Maintains | Buy | Get Alert |
| 09/14/2023 | Buy Now | 25.98% | Canaccord Genuity | Joseph Vafi | → $8 | Reiterates | Buy → Buy | Get Alert |
| 09/05/2023 | Buy Now | 57.48% | Cantor Fitzgerald | Josh Siegler | → $10 | Reiterates | Overweight → Overweight | Get Alert |
| 08/28/2023 | Buy Now | 57.48% | Cantor Fitzgerald | Josh Siegler | → $10 | Reiterates | Overweight → Overweight | Get Alert |
| 08/14/2023 | Buy Now | 10.24% | Cantor Fitzgerald | Josh Siegler | → $7 | Reiterates | Overweight → Overweight | Get Alert |
| 06/22/2023 | Buy Now | 25.98% | Canaccord Genuity | Joseph Vafi | → $8 | Reiterates | Buy → Buy | Get Alert |
| 06/21/2023 | Buy Now | 57.48% | HC Wainwright & Co. | Mike Colonnese | $8 → $10 | Maintains | Buy | Get Alert |
| 05/12/2023 | Buy Now | 10.24% | Cantor Fitzgerald | Josh Siegler | $4 → $7 | Upgrade | Neutral → Overweight | Get Alert |
| 04/25/2023 | Buy Now | -21.26% | B. Riley Securities | Lucas Pipes | $4 → $5 | Maintains | Buy | Get Alert |
| 04/14/2023 | Buy Now | 73.23% | Compass Point | Chase White | $6.5 → $11 | Maintains | Buy | Get Alert |
| 04/06/2023 | Buy Now | -37.01% | B. Riley Securities | Lucas Pipes | → $4 | Initiates | → Buy | Get Alert |
| 02/17/2023 | Buy Now | 25.98% | Canaccord Genuity | Joseph Vafi | $14 → $8 | Maintains | Buy | Get Alert |
| 02/16/2023 | Buy Now | 25.98% | HC Wainwright & Co. | Mike Colonnese | → $8 | Upgrade | Neutral → Buy | Get Alert |
FAQ
What is the target price for Iris Energy (IREN)?
The latest price target for Iris Energy (NASDAQ: IREN) was reported by HC Wainwright & Co. on May 16, 2024. The analyst firm set a price target for $10.00 expecting IREN to rise to within 12 months (a possible 57.48% upside). 24 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Iris Energy (IREN)?
The latest analyst rating for Iris Energy (NASDAQ: IREN) was provided by HC Wainwright & Co., and Iris Energy reiterated their buy rating.
When was the last upgrade for Iris Energy (IREN)?
The last upgrade for Iris Energy Ltd happened on October 11, 2023 when JP Morgan raised their price target to $6.5. JP Morgan previously had a neutral for Iris Energy Ltd.
When was the last downgrade for Iris Energy (IREN)?
The last downgrade for Iris Energy Ltd happened on November 22, 2022 when HC Wainwright & Co. changed their price target from $7 to $3 for Iris Energy Ltd.
When is the next analyst rating going to be posted or updated for Iris Energy (IREN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Iris Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Iris Energy was filed on May 16, 2024 so you should expect the next rating to be made available sometime around May 16, 2025.
Is the Analyst Rating Iris Energy (IREN) correct?
While ratings are subjective and will change, the latest Iris Energy (IREN) rating was a reiterated with a price target of $0.00 to $10.00. The current price Iris Energy (IREN) is trading at is $6.35, which is within the analyst’s predicted range.
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