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Childress And Sweetwater Projects Will Lead A Digital Transformation

IREN logo
IREN
AnalystConsensusTarget
Not Invested
Published 27 May 2025

Update shared on01 Aug 2025

Fair value Increased 7.68%
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AnalystConsensusTarget's Fair Value
US$27.55
3.9% undervalued intrinsic discount
31 Aug
US$26.48
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1Y
234.8%
7D
14.5%

Analysts have raised IREN's price target from $20.60 to $22.00, citing strong Q2 HPC segment performance, favorable infrastructure valuations amid industry consolidation, and potential peer-relative undervaluation.


Analyst Commentary


  • Bullish analysts are raising price targets after incorporating Q2 actuals, reflecting stronger-than-expected performance in the high performance computing (HPC) segment.
  • Upward estimate revisions are being made to account for favorable results within the HPC space.
  • The pricing and valuation of HPC infrastructure near major metro areas are receiving increased attention after recent industry consolidation activity.
  • IREN is viewed alongside other miners as potentially undervalued in light of sector M&A and relative infrastructure asset valuations.
  • Comparisons to peer group multiples suggest there may be room for upward price movement as the market reassesses asset values among diversified miners with HPC exposure.

What's in the News


  • IREN Limited mined 620 Bitcoin in June 2025, generating mining revenue of USD 65.5 million (USD 105,730 per Bitcoin).
  • J.P. Morgan Securities LLC and Citigroup Global Markets Inc. were added as Co-Lead Underwriters for IREN Limited's $500 million Fixed-Income Offering.
  • In April 2025, IREN Limited mined 579 Bitcoin, generating mining revenue of USD 50.1 million (USD 86,522 per Bitcoin).

Valuation Changes


Summary of Valuation Changes for IREN

  • The Consensus Analyst Price Target has risen from $20.60 to $22.00.
  • The Future P/E for IREN has risen slightly from 14.06x to 14.69x.
  • The Consensus Revenue Growth forecasts for IREN has risen slightly from 55.2% per annum to 57.6% per annum.

Disclaimer

AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.