Macquarie Maintains IREN (IREN) Outperform Recommendation
Fintel reports that on September 29, 2025, Macquarie maintained coverage of IREN (NasdaqGS:IREN) with a Outperform recommendation.
Analyst Price Forecast Suggests 33.38% Downside
As of September 13, 2025, the average one-year price target for IREN is $30.60/share. The forecasts range from a low of $20.20 to a high of $43.05. The average price target represents a decrease of 33.38% from its latest reported closing price of $45.93 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for IREN is 208MM, a decrease of 58.57%. The projected annual non-GAAP EPS is -0.36.
What is the Fund Sentiment?
There are 280 funds or institutions reporting positions in IREN. This is an increase of 64 owner(s) or 29.63% in the last quarter. Average portfolio weight of all funds dedicated to IREN is 0.53%, an increase of 53.75%. Total shares owned by institutions increased in the last three months by 18.75% to 145,632K shares. 
The put/call ratio of IREN is 0.92, indicating a bullish outlook.
What are Other Shareholders Doing?
BIT Capital holds 16,234K shares representing 5.97% ownership of the company. In its prior filing, the firm reported owning 15,960K shares , representing an increase of 1.68%. The firm increased its portfolio allocation in IREN by 63.67% over the last quarter.
Jane Street Group holds 8,351K shares representing 3.07% ownership of the company. In its prior filing, the firm reported owning 3,310K shares , representing an increase of 60.37%. The firm increased its portfolio allocation in IREN by 373.93% over the last quarter.
Group One Trading holds 6,481K shares representing 2.38% ownership of the company. In its prior filing, the firm reported owning 7,553K shares , representing a decrease of 16.54%. The firm increased its portfolio allocation in IREN by 56.58% over the last quarter.
Situational Awareness holds 6,400K shares representing 2.35% ownership of the company. In its prior filing, the firm reported owning 3,366K shares , representing an increase of 47.41%. The firm increased its portfolio allocation in IREN by 115.46% over the last quarter.
Susquehanna International Group, Llp holds 5,723K shares representing 2.10% ownership of the company. In its prior filing, the firm reported owning 6,112K shares , representing a decrease of 6.78%. The firm increased its portfolio allocation in IREN by 76.26% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.