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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 on31 Aug 2025

Fair value Increased 24%
Previous
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 significantly raised IREN’s price target due to record Q4 results, accelerated AI cloud expansion fueled by a major Nvidia GPU acquisition and preferred partner status, and sharply upgraded revenue growth projections, resulting in a new consensus target of $27.55.


Analyst Commentary


  • Bullish analysts raised price targets due to IREN’s record Q4 results and accelerated near-term expansion in artificial intelligence cloud services after acquiring 2,400 of Nvidia’s latest-generation GPUs.
  • IREN’s newly secured Nvidia preferred partner status is expected to improve its GPU procurement and strengthen its competitive position in the AI infrastructure market.
  • Revenue growth estimates have been significantly upgraded, with projections of over 150% year-over-year growth in fiscal 2026.
  • IREN’s strategic approach—leveraging its 3GW+ power capacity to pursue flexible, full-stack AI cloud and high-performance compute co-location—supports adaptability for maximizing ROI.
  • Revised high-performance computing estimates positively impacted sentiment, reflecting proven execution and improved growth prospects for IREN in the AI and infrastructure segments.

What's in the News


  • IREN reported an average operating hashrate of 45.4 EH/s and mined 728 Bitcoin in July.
  • The company mined 620 Bitcoin in June.
  • J.P. Morgan Securities LLC was added as Co-Lead Underwriter for IREN's $500 million fixed-income offering.
  • Citigroup Global Markets Inc. was added as Co-Lead Underwriter for IREN's $500 million fixed-income offering.

Valuation Changes


Summary of Valuation Changes for IREN

  • The Consensus Analyst Price Target has significantly risen from $22.18 to $27.55.
  • The Net Profit Margin for IREN has significantly risen from 37.91% to 48.82%.
  • The Future P/E for IREN has significantly fallen from 14.77x to 12.75x.

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.