In the latest quarter, 15 analysts provided ratings for Iris Energy (NASDAQ:IREN), showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 9 | 6 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 4 | 4 | 0 | 0 | 0 |
| 2M Ago | 2 | 1 | 0 | 0 | 0 |
| 3M Ago | 2 | 1 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $16.53, a high estimate of $26.00, and a low estimate of $9.50. This upward trend is apparent, with the current average reflecting a 3.31% increase from the previous average price target of $16.00.
Decoding Analyst Ratings: A Detailed Look
The perception of Iris...
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