Integrated Research Limited

ASX:IRI Stock Report

Market Cap: AU$55.1m

Integrated Research Future Growth

Future criteria checks 3/6

Integrated Research is forecast to grow earnings and revenue by 18.4% and 7.7% per annum respectively. EPS is expected to grow by 15.4% per annum. Return on equity is forecast to be 5.1% in 3 years.

Key information

18.4%

Earnings growth rate

15.38%

EPS growth rate

Software earnings growth23.8%
Revenue growth rate7.7%
Future return on equity5.06%
Analyst coverage

Low

Last updated28 Feb 2026

Recent future growth updates

Recent updates

Narrative Update Apr 20

IRI: Product Vision Day And Stable Assumptions Will Support Long Term Upside

Analysts have kept their fair value estimate for Integrated Research steady at A$0.36. Only small technical adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions informed the updated price target stance.
Narrative Update Apr 05

IRI: Product Vision Day And Stable Assumptions Will Support Long Term Upside

Analysts have kept the A$ price target for Integrated Research broadly unchanged, with only a marginal adjustment that reflects slightly updated assumptions for discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Integrated Research has scheduled an Analyst/Investor Day focused on outlining its product vision for the business.
Narrative Update Mar 22

IRI: Steady Assumptions And Product Vision Update Will Support Long Term Upside

Analysts have kept the price target for Integrated Research steady at A$0.36, citing only minor tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions, rather than any major shift in the outlook. What's in the News Integrated Research has scheduled an Analyst and Investor Day, giving you a chance to hear directly from management about the business and its direction (company event filing).
Narrative Update Mar 08

IRI: Revised Margins And P/E Assumptions Will Support Long Term Upside

Analysts have trimmed their fair value estimate for Integrated Research from A$0.40 to A$0.36. This reflects updated assumptions that pair a slightly higher discount rate and future P/E multiple with more cautious profit margin expectations and revised revenue growth forecasts.
Narrative Update Feb 21

IRI: New AI Observability Capabilities Will Support Long Term Upside Potential

Analysts have slightly trimmed their price target for Integrated Research to A$0.40, reflecting small updates to discount rate assumptions and expected future P/E, while keeping fair value and key operating assumptions broadly unchanged. What's in the News Integrated Research launched Iris, a conversational AI intelligence layer for multi vendor unified communications and collaboration observability, built on the company’s Prognosis platform.
Narrative Update Feb 06

IRI: New AI Observability Platform Will Support Long Term Upside

Analysts have adjusted their price target for Integrated Research to account for a slightly higher discount rate and a modestly revised future P/E expectation, resulting in a small change in estimated valuation levels. What's in the News Integrated Research launched Iris, a conversational AI intelligence layer for multi vendor unified communications and collaboration observability, built on the company’s Prognosis platform and designed to turn complex monitoring data into plain language answers for IT teams and business users.
Analysis Article Feb 06

Is Now The Time To Look At Buying Integrated Research Limited (ASX:IRI)?

Integrated Research Limited ( ASX:IRI ), is not the largest company out there, but it saw a decent share price growth...
Narrative Update Jan 23

IRI: New AI Observability Layer Will Support Long Term Upside

Analysts have made only a marginal adjustment to their price target for Integrated Research, reflecting slightly updated views on discount rates, long term revenue growth, profit margins, and the future P/E multiple, while keeping their fair value estimate broadly in line with prior assumptions. What's in the News Integrated Research launched Iris, a conversational AI intelligence layer embedded in its Prognosis platform, designed to turn complex observability data from unified communications and collaboration environments into plain language insights for IT and business users.
Narrative Update Jan 08

IRI: Cloud Observability Services And AI Features Will Support Long Term Upside

Analysts have kept their fair value estimate for Integrated Research broadly steady, making only minor tweaks to inputs such as discount rate, revenue growth, profit margin and future P/E. These changes feed into a small adjustment in the overall price target and reflect a largely unchanged view of the company’s medium term risk and earnings profile.
Narrative Update Dec 17

IRI: Cloud Observability Expansion Is Expected To Support Long Term Upside

Analysts have modestly raised their integrated research price target, citing incremental adjustments to discount rate assumptions and forward valuation multiples that support a fair value estimate now framed around improved long term earnings visibility. What's in the News Integrated Research launched Iris, a conversational AI intelligence layer embedded in its Prognosis observability platform.
Narrative Update Dec 02

IRI: New Cloud Platform Launch Is Expected To Drive Future Upside

Analysts have slightly reduced their price target for Integrated Research, reflecting minor adjustments in discount rate and future price-to-earnings assumptions. Key financial projections remain essentially unchanged.
Narrative Update Nov 18

IRI: Revenue Setbacks Will Be Outweighed By New Platform Launch

Analysts have revised their price target for Integrated Research downward from $0.55 to $0.40. They cite lowered revenue growth projections and compressed profit margins as the primary factors behind the adjustment.
Analysis Article Nov 14

Integrated Research Limited's (ASX:IRI) Prospects Need A Boost To Lift Shares

Integrated Research Limited's ( ASX:IRI ) price-to-earnings (or "P/E") ratio of 4.1x might make it look like a strong...
Analysis Article Aug 30

Integrated Research (ASX:IRI) Is Paying Out A Dividend Of A$0.02

The board of Integrated Research Limited ( ASX:IRI ) has announced that it will pay a dividend on the 21st of October...
Narrative Update Aug 27

Revenue May Stabilize While Profit Margins Decline In The Coming Years

Despite a notable increase in consensus revenue growth forecasts, a sharp decline in the future P/E multiple has driven the consensus analyst price target for Integrated Research down from A$0.70 to A$0.55. What's in the News Integrated Research previewed enhanced Cisco cloud migration solutions at Cisco Live, offering deeper visibility, real-time and intelligent insights.
Analysis Article Aug 11

Some Investors May Be Worried About Integrated Research's (ASX:IRI) Returns On Capital

ASX:IRI 1 Year Share Price vs Fair Value Explore Integrated Research's Fair Values from the Community and select yours...
Analysis Article Jun 16

When Should You Buy Integrated Research Limited (ASX:IRI)?

Integrated Research Limited ( ASX:IRI ), is not the largest company out there, but it saw a double-digit share price...
Analysis Article May 09

Integrated Research Limited (ASX:IRI) Shares Fly 29% But Investors Aren't Buying For Growth

Integrated Research Limited ( ASX:IRI ) shareholders would be excited to see that the share price has had a great...
User avatar
New Narrative Feb 09

Shifting To High-Value Clients And Launching IR Labs May Improve Stability, But Challenges Remain

Strategic focus on high-value enterprise customers and efficient cost management is expected to enhance net margins and revenue stability.
Analysis Article Oct 22

Why Integrated Research Limited (ASX:IRI) Could Be Worth Watching

Integrated Research Limited ( ASX:IRI ), might not be a large cap stock, but it saw a decent share price growth of 17...
Analysis Article Aug 29

Impressive Earnings May Not Tell The Whole Story For Integrated Research (ASX:IRI)

Last week's profit announcement from Integrated Research Limited ( ASX:IRI ) was underwhelming for investors, despite...
Analysis Article Aug 21

Investors Don't See Light At End Of Integrated Research Limited's (ASX:IRI) Tunnel And Push Stock Down 37%

Integrated Research Limited ( ASX:IRI ) shares have had a horrible month, losing 37% after a relatively good period...
Analysis Article Jun 28

Integrated Research Limited (ASX:IRI) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected

Despite an already strong run, Integrated Research Limited ( ASX:IRI ) shares have been powering on, with a gain of 33...
Analysis Article Jun 11

Here's What's Concerning About Integrated Research's (ASX:IRI) Returns On Capital

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? When we...
Analysis Article Apr 20

Why Investors Shouldn't Be Surprised By Integrated Research Limited's (ASX:IRI) Low P/S

Integrated Research Limited's ( ASX:IRI ) price-to-sales (or "P/S") ratio of 0.8x might make it look like a buy right...
Analysis Article Mar 02

Here's What's Concerning About Integrated Research's (ASX:IRI) Returns On Capital

When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...
Analysis Article Dec 27

Is It Time To Consider Buying Integrated Research Limited (ASX:IRI)?

Integrated Research Limited ( ASX:IRI ), is not the largest company out there, but it saw a decent share price growth...
Analysis Article Nov 21

A Look At The Intrinsic Value Of Integrated Research Limited (ASX:IRI)

Key Insights Using the Dividend Discount Model, Integrated Research fair value estimate is AU$0.30 Integrated...
Analysis Article Aug 28

Is Integrated Research Limited (ASX:IRI) Potentially Undervalued?

While Integrated Research Limited ( ASX:IRI ) might not be the most widely known stock at the moment, it received a lot...
Analysis Article May 12

What Is Integrated Research Limited's (ASX:IRI) Share Price Doing?

Integrated Research Limited ( ASX:IRI ), is not the largest company out there, but it received a lot of attention from...
Analysis Article Jan 11

Is It Time To Consider Buying Integrated Research Limited (ASX:IRI)?

Integrated Research Limited ( ASX:IRI ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article Nov 24

A Look At The Intrinsic Value Of Integrated Research Limited (ASX:IRI)

Today we will run through one way of estimating the intrinsic value of Integrated Research Limited ( ASX:IRI ) by...
Analysis Article Jul 22

Is Integrated Research Limited (ASX:IRI) Potentially Undervalued?

Integrated Research Limited ( ASX:IRI ), is not the largest company out there, but it led the ASX gainers with a...
Analysis Article May 16

Is Integrated Research (ASX:IRI) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Apr 05

Investors Could Be Concerned With Integrated Research's (ASX:IRI) Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Earnings and Revenue Growth Forecasts

ASX:IRI - Analysts future estimates and past financials data (AUD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/2028787N/A51
6/30/2027714N/A-21
6/30/202660-1N/A51
12/31/20256871314N/A
9/30/202568101111N/A
6/30/2025681389N/A
3/31/2025701799N/A
12/31/202471211010N/A
9/30/202477241112N/A
6/30/202483271313N/A
3/31/20247831315N/A
12/31/202372-211316N/A
9/30/202371-251015N/A
6/30/202370-29614N/A
3/31/202369-13212N/A
12/31/2022693-19N/A
9/30/2022662213N/A
6/30/2022632517N/A
3/31/2022706618N/A
12/31/20217710718N/A
9/30/2021789820N/A
6/30/2021788921N/A
3/31/20218510922N/A
12/31/20209212922N/A
9/30/202010118923N/A
6/30/202011124924N/A
3/31/2020107231025N/A
12/31/2019104221125N/A
9/30/201910222N/A23N/A
6/30/201910122N/A21N/A
3/31/20199822N/A22N/A
12/31/20189622N/A23N/A
9/30/20189320N/A22N/A
6/30/20189119N/A21N/A
3/31/20189220N/A22N/A
12/31/20179420N/A23N/A
9/30/20179219N/A25N/A
6/30/20179119N/A26N/A
3/31/20179018N/A24N/A
12/31/20168818N/A22N/A
9/30/20168717N/A19N/A
6/30/20168516N/A16N/A
3/31/20168014N/A16N/A
12/31/20157613N/A17N/A
9/30/20157314N/A19N/A
6/30/20157014N/A21N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IRI's forecast earnings growth (18.4% per year) is above the savings rate (3.6%).

Earnings vs Market: IRI's earnings (18.4% per year) are forecast to grow faster than the Australian market (12% per year).

High Growth Earnings: IRI's earnings are forecast to grow, but not significantly.

Revenue vs Market: IRI's revenue (7.7% per year) is forecast to grow faster than the Australian market (6.4% per year).

High Growth Revenue: IRI's revenue (7.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IRI's Return on Equity is forecast to be low in 3 years time (5.1%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 09:48
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Integrated Research Limited is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chris SavageBell Potter
Katie BelleLodge Partners Pty Ltd.
Todd GuyotMA Moelis Australia Securities Pty Ltd