Analysts’ Recent Ratings Changes for IREN (IREN)

IREN (NASDAQ: IREN) has recently received a number of price target changes and ratings updates:

• 9/21/2026 – IREN is now covered by Rothschild & Co Redburn. They set a “neutral” rating and a $40.00 price target on the stock.
• 9/21/2026 – IREN is now covered by Rothschild & Co Redburn. They set a “neutral” rating and a $40.00 price target on the stock.
• 9/18/2026 – IREN is now covered by Northland Securities. They set an “outperform” rating and a $99.00 price target on the stock.
• 9/14/2026 – IREN had its “buy” rating reaffirmed by BTIG Research. They now have a $80.00 price target on the stock.
• 9/14/2026 – IREN was upgraded by JPMorgan Chase & Co. from “underweight” to “overweight”. They now have a $65.00 price target on the stock, up from $46.00.
• 9/2/2026 – IREN was downgraded by Morgan Stanley to “buy”.
• 8/31/2026 – IREN was downgraded by Weiss Ratings from “sell (d+)” to “sell (d)”.
• 8/28/2026 – IREN had its “buy” rating reaffirmed by Compass Point. They now have a $85.00 price target on the stock.
• 8/28/2026 – IREN had its “buy” rating reaffirmed by HC Wainwright. They now have a $90.00 price target on the stock.
• 8/28/2026 – IREN had its “market outperform” rating reaffirmed by Citigroup Inc..
• 8/28/2026 – IREN had its “buy” rating reaffirmed by Canaccord Genuity Group Inc.. They now have a $79.00 price target on the stock.
• 8/28/2026 – IREN had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $99.00 price target on the stock.
• 8/28/2026 – IREN had its “buy” rating reaffirmed by BTIG Research. They now have a $80.00 price target on the stock.
• 8/13/2026 – IREN had its “outperform” rating reaffirmed by Sanford C. Bernstein. They now have a $100.00 price target on the stock.

IREN Limited, formerly known as Iris Energy Limited, is a data center infrastructure company focused on high-performance computing. The company develops and operates data centers powered by renewable energy and uses this infrastructure primarily for Bitcoin mining and, increasingly, artificial intelligence and other GPU-intensive cloud-computing applications.

IREN designs, builds and operates its own data centers, providing access to electrical power, computing hardware and related infrastructure.