Scenario calculator
Price target (simple) needs positive TTM EPS. Try Advanced (revenue) mode when earnings are negative.
Enter EPS growth and exit P/E per scenario. The chart starts at the current share price (Now) and transitions the P/E from today's trailing multiple toward your Exit P/E over the horizon. Same live price and TTM EPS as the rest of the page.
Annual diluted EPS
GAAP diluted earnings per share by fiscal year (from reported statements). Use it as context for the EPS growth assumptions in the scenario calculator above — not a forecast.
Across 7 fiscal years, diluted EPS went from about $-0.01 in 2019 to about $0.39 in 2025.
Scale: -10.25 to 0.39 EPS; horizontal line at 0. Fiscal years with no row in the database are omitted.
Historical multiples
Each bar is the trailing five-year range (low left, high right). Gray fill from low to today; dot = today; amber tick = median. Low, median, and high are listed under each bar.
Net debt
$0.4B
Beta
4.18
Vs market benchmark
Return drivers (illustrative)
Historical EPS growth and where today’s P/E sits vs its five-year median — same P/E basis as the scenario price paths chart above.
Vs median P/E
Current P/E aligns with the trailing five-year median.
Frequently asked questions
How is IREN's price target calculated?
Price targets here use projected EPS × exit P/E. Future EPS = TTM EPS × (1 + growth)^years, then price = future EPS × P/E. The tool pre-fills analyst consensus and historical ranges for IREN (IREN) so you can compare your assumptions to the data.
What is IREN's base-case price target?
With about 10% annual EPS growth and a 36× exit P/E over 5 years based on consensus from 5 analysts, the base case for IREN (IREN) lands near $-15.64, implying roughly 0.0% CAGR. This is illustrative, not a forecast.
What P/E ratio should I use for IREN?
Defaults use the 5-year median P/E (about 36.0×) for the base case, the 25th percentile for bear and the 75th for bull. Adjust the Exit P/E sliders if you have a different valuation view.
What is IREN's expected return in this model?
Expected return depends on your assumptions. The calculator reports CAGR = (Future price / Current price)^(1/Years) − 1. This is illustrative only and not investment advice.
Is IREN's P/E high or low historically?
IREN currently trades at about 36.0× earnings, roughly in line with its 5-year median of 36.0×. The historical multiples card shows the full 5- and 10-year range.
What time horizon does the price target use?
The default horizon is 5 years; you can change it from 1 to 10 years. Longer horizons compound EPS growth and re-rating effects more strongly, so total returns become more sensitive to assumptions.
Is this a recommendation to buy or sell IREN?
No. The price-target calculator is an educational tool that turns explicit growth and P/E assumptions into a model price. Peers in the Financial Services sector are listed below for context. It is not investment advice and does not predict future returns.
Explore more
IREN Overview
Company profile, financial tools, and key metrics
IREN Revenue Counter
Earns $20.59 every second. See per minute, hour, and day.
IREN Earnings Counter
Earns $6.53 per second net profit. See per minute, hour, and day.
IREN Economic Scale
Exceeds Micronesia, Fed. Sts.'s GDP. Compare with world economies.
IREN What If Invested
What if you had invested $1,000? See historical returns from any date.
IREN How It Makes Money
Discover visual breakdown of $649.45M in revenue — where it comes from and where it goes.
IREN Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
IREN Daily Price Character
Explosive · 47.7% historical win rate (green days). Streaks & record days.
IREN Buybacks
Recent repurchase activity. Shareholder yield & SBC comparison.
IREN Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.