Stocklytics Platform
Asset logo for symbol IREN
Iris Energy Limited
IREN69
$9.12arrow_drop_down1.83%-$0.16
High Growth
Asset logo for symbol IREN
IREN69

$9.12

arrow_drop_down1.83%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Iris Energy Limited (IREN) Stocklytics Forecast

According to market analysts, Iris Energy Limited (IREN) stock has a positive price prediction for the coming years. The stock is expected to experience significant growth and reach new highs. Various factors contribute to this optimistic forecast. Iris Energy Limited is a leading player in the renewable energy sector, focusing on Bitcoin mining operations powered by clean energy sources. With the growing demand for sustainable and eco-friendly solutions, the company is well-positioned to capitalize on this trend.
Furthermore, machine learning algorithms and AI-powered models have also predicted a positive future for IREN stock. These advanced technologies take into account various data points, including historical performance, market trends, and company fundamentals, to generate accurate predictions. Based on these predictions, the outlook for Iris Energy Limited's stock is highly favorable.
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Frequently Asked Questions

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What is the analyst price prediction for Iris Energy Limited (IREN) stock?

Analysts have set a target price of $8.85 for Iris Energy Limited (IREN), based on forecasts from 24 analysts. The predicted price range extends from a high of $27 to a low of $3. This represents a potential increase of up to 195.89% and a decrease of -67.12% from the current price of $9.12. These forecasts are as of 2022 Feb 18.
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What are the analyst ratings for Iris Energy Limited (IREN) stock?

The analyst ratings for Iris Energy Limited (IREN) are distributed as follows: 10 analysts recommend buying, 2 have a neutral stance, and 2 suggest selling. There is a split consensus, with equal support for two of the rating categories. These ratings indicate the general sentiment among the analysts covering Iris Energy Limited.
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What is the AI price prediction for Iris Energy Limited (IREN) stock?

At present, there is no AI or machine-learning-based price prediction available for Iris Energy Limited (IREN) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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