Breaking Down IREN: 5 Analysts Share Their Views

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During the last three months, 5 analysts shared their evaluations of IREN ( IREN ) , revealing diverse outlooks from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 2 0 0 0
Last 30D 0 1 0 0 0
1M Ago 2 1 0 0 0
2M Ago 0 0 0 0 0
3M Ago 1 0 0 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $19.2, along with a high estimate of $23.00 and a low estimate of $12.00. Surpassing the previous average price target of $17.20, the current average has increased by 11.63%.

price target chart

Diving into Analyst Ratings: An In-Depth Exploration

In examining recent analyst actions, we gain insights into how financial experts perceive IREN ( IREN ). The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Reginald Smith JP Morgan Lowers Overweight $12.00 $15.00
Brett Knoblauch Cantor Fitzgerald Maintains Overweight $23.00 $23.00
Mike Colonnese HC Wainwright & Co. Raises Buy $22.00 $16.00
Joseph Vafi Canaccord Genuity Raises Buy $23.00 $17.00
Lucas Pipes B. Riley Securities Raises Buy $16.00 $15.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to IREN ( IREN ). This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of IREN ( IREN ) compared to the broader market.
  • Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Capture valuable insights into IREN's ( IREN ) market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on IREN ( IREN ) analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Get to Know IREN Better

IREN Ltd ( IREN ) is engaged in data center business powering the future of Bitcoin, AI and beyond utilizing renewable energy.

A Deep Dive into IREN's Financials

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: IREN's ( IREN ) remarkable performance in 3 months is evident. As of 31 December, 2024, the company achieved an impressive revenue growth rate of 176.1%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.

Net Margin: IREN's ( IREN ) net margin excels beyond industry benchmarks, reaching 16.06%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): IREN's ( IREN ) ROE stands out, surpassing industry averages. With an impressive ROE of 1.56%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): IREN's ( IREN ) ROA excels beyond industry benchmarks, reaching 1.21%. This signifies efficient management of assets and strong financial health.

Debt Management: IREN's ( IREN ) debt-to-equity ratio is below the industry average at 0.25, reflecting a lower dependency on debt financing and a more conservative financial approach.

What Are Analyst Ratings?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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