IREN Stock Forecast 2025, 2026, 2027 to 2030
IREN Limited, a well-known name in the renewable energy and data center sectors, has been attracting investor attention due to its innovative approach and strong growth plans. With the world transitioning towards cleaner energy and advanced technologies, IRen is in a prime position to benefit from these trends. Recently, the company announced plans to issue $300 million in convertible senior notes due in 2030, aimed at supporting its operations in Bitcoin mining and AI cloud services. This move highlights IRen’s commitment to diversifying its business and leveraging emerging technologies to drive future growth.
In this article, we’ll explore IRen’s business, conduct technical and fundamental analysis, and provide a detailed year-wise stock forecast from 2024 to 2030. With simple language and clear insights, this guide aims to help investors understand the company’s potential and make informed investment decisions.
Table of Contents
- 1 Basic Details of IRen Stock
- 2 About the Company’s Business
- 3 Live Chart
- 4 IREN Stock Forecast 2025 to 2030
- 5 IREN Stock Forecast 2024
- 6 IREN Stock Forecast 2025
- 7 IREN Stock Forecast 2026
- 8 IREN Stock Forecast 2027
- 9 IREN Stock Forecast 2028
- 10 IREN Stock Forecast 2029
- 11 IREN Stock Forecast 2030
- 12 Technical Analysis
- 13 Conclusion
Basic Details of IRen Stock
| Company Name | IRen Limited |
| Business Sector | Renewable Energy |
| Stock Symbol | IREN |
| NYSE Listing Status | Not Listed |
| NASDAQ Listing Status | Listed |
| Official Website | iren.com |
About the Company’s Business
IRen Limited focuses on providing clean energy solutions through its extensive portfolio of solar and wind energy projects. With a global reach and a strong emphasis on sustainability, the company has successfully positioned itself as a leader in the renewable energy space. By leveraging advanced technology and forming strategic partnerships, IRen continues to expand its presence and deliver value to its stakeholders.
Fundamental Data
- 💰 Market Cap: $3.03B
- 📊 Enterprise Value: $2.94B
- 📈 Forward P/E: 357.14
- 🔍 PEG Ratio (5-year expected): 4.05
- 💵 Price/Sales (ttm): 8.86
- 📚 Price/Book (mrq): 2.69
- 📑 Enterprise Value/Revenue: 14.07
- 🔧 Enterprise Value/EBITDA: 500.06
- 📉 Beta (5Y Monthly): 3.40
- 📉 EPS (TTM): -0.48
Live Chart
IREN Stock Forecast 2025 to 2030
The target price for IRen Limited is based on market trends, financial performance, and industry growth. With a projected CAGR of 10% to 15%, driven by renewable energy and technology advancements, the stock is expected to grow steadily over time.
| Year | High Approx ($) |
|---|---|
| 2025 | $22 |
| 2026 | $26 |
| 2027 | $30 |
| 2028 | $36 |
| 2029 | $42 |
| 2030 | $50 |
IREN Stock Forecast 2024
IRen’s stock is expected to show promising growth in 2024, driven by the global push towards renewable energy adoption. With governments worldwide introducing policies to promote green energy, IRen could benefit from increased demand and favorable market conditions. Analysts predict the stock to trade between $14 and $18.
| Year | Low Approx ($) | High Approx ($) |
|---|---|---|
| 2024 | $14 | $18 |
IREN Stock Forecast 2025
In 2025, IRen is expected to achieve higher growth as its ongoing projects start generating revenue. The company’s focus on efficiency and scalability could drive profitability. With this momentum, the stock price is forecasted to range from $17 to $22 during the year.
| Year | Low Approx ($) | High Approx ($) |
|---|---|---|
| 2025 | $17 | $22 |
IREN Stock Forecast 2026
As IRen strengthens its market position in 2026, the stock is anticipated to gain further value. Successful completion of projects and potential entry into new international markets could fuel growth. Experts predict the stock price will fluctuate between $20 and $26 throughout the year.
| Year | Low Approx ($) | High Approx ($) |
|---|---|---|
| 2026 | $20 | $26 |
IREN Stock Forecast 2027
By 2027, IRen is likely to achieve substantial milestones, including expanding its renewable energy capacity and improving operational efficiency. As a result, the stock price could range from $24 to $30, reflecting growing investor confidence.
| Year | Low Approx ($) | High Approx ($) |
|---|---|---|
| 2027 | $24 | $30 |
IREN Stock Forecast 2028
In 2028, the global renewable energy market is projected to grow significantly, providing a favorable backdrop for IRen’s operations. The company’s commitment to innovation and sustainability is expected to support a stock price range of $28 to $36.
| Year | Low Approx ($) | High Approx ($) |
|---|---|---|
| 2028 | $28 | $36 |
IREN Stock Forecast 2029
With the renewable energy sector maturing and IRen solidifying its leadership role, 2029 could see the company reaching new heights. The stock is expected to trade between $33 and $42, driven by consistent revenue growth and strong fundamentals.
| Year | Low Approx ($) | High Approx ($) |
|---|---|---|
| 2029 | $33 | $42 |
IREN Stock Forecast 2030
2030 might be a pivotal year for IRen, with its stock price potentially benefiting from the global shift towards net-zero emissions. Analysts expect the stock to trade within a range of $40 to $50, reflecting strong market demand and financial performance.
| Year | Low Approx ($) | High Approx ($) |
|---|---|---|
| 2030 | $40 | $50 |
Technical Analysis
- Trend Overview: IRen’s weekly chart demonstrates a bullish breakout, with the 50 EMA moving above the 200 EMA. This Golden Cross indicates long-term strength.
- Volume Trends: Increasing volume supports the upward movement, showing strong investor interest.
- Key Support Levels: $12, $10
- Key Resistance Levels: $16, $18
Conclusion
In conclusion, IRen Limited is well-positioned for steady growth, driven by its focus on renewable energy, AI, and Bitcoin mining. With a strong market outlook and a strategic approach to innovation and sustainability, the company is expected to see consistent value appreciation in the coming years, making it an attractive option for long-term investors.
