IREN Ltd (IREN)

Currency in USD
45.454
+2.594(+6.05%)
Closed·
45.330-0.124(-0.27%)
·
Earnings results expected in 6 days
IREN is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
42.60045.580
52 wk Range
6.01076.870
Key Statistics
Prev. Close
42.86
Open
44.04
Day's Range
42.6-45.58
52 wk Range
6.01-76.87
Volume
26.07M
Average Vol. (3m)
35.87M
1-Year Change
578.3094%
Book Value / Share
7.65
Fair Value
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Fair Value Upside
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IREN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
70.400
Upside
+54.88%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year

IREN Ltd News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Analyst Ratings

11 Buy
3 Hold
2 Sell
Ratings:
16 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 70.400
(+54.88% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Bernstein SocGen Group
Buy100.00+120.00%125.00MaintainApr 27, 2026
Freedom Capital Markets
Hold---New CoverageApr 01, 2026
H.C. Wainwright
Buy80.00+76.00%-MaintainMar 05, 2026
B.Riley
Buy83.00+82.60%74.00MaintainFeb 06, 2026
Compass Point
Buy105.00+131.00%-MaintainFeb 06, 2026

IREN Ltd SWOT Analysis


Strategic Horizons
Learn about Iris Energy's innovative plans for its 1.4 GW Texas site, including potential asset sales and joint ventures to unlock significant equity value.
Financial Forecast
Explore projections of substantial growth, with analysts estimating EBITDA of $468 million for FY2026 and an average price target of $22.00.
Beyond Bitcoin
Delve into Iris Energy's strategic pivot towards AI and HPC services, offering new revenue streams and reducing dependence on cryptocurrency volatility.
Mining Powerhouse
Iris Energy's Bitcoin mining efficiency and ambitious expansion plans position it as a top-tier player, with aims to increase hash rate to 50 EH/s in four months.
Read full SWOT analysis

IREN Ltd Earnings Call Summary for Q2/2026

  • IREN reported Q2 2025 revenue of $184.7 million, missing forecasts by 19.57%, with stock falling 11.45% in after-hours trading due to declining Bitcoin mining revenue.
  • The company maintains a strong financial position with $2.8 billion cash on hand and $9.2 billion in secured funding despite a 23% quarter-over-quarter revenue decrease.
  • IREN is strategically shifting from Bitcoin mining to AI cloud services, targeting $3.4 billion in Annual Recurring Revenue by end of 2026.
  • The company secured $3.6 billion in GPU financing at below 6% interest and has established significant power capacity for future AI data center expansion.
  • Management emphasized long-term value creation over short-term revenue optimization, with rapid data center deployment capabilities being a key competitive advantage.
Last Updated: 02/05/2026, 06:19 PM
Read Full Transcript

Earnings

Latest Release
Feb 05, 2026
EPS / Forecast
-0.52 / -0.09
Revenue / Forecast
184.7M / 229.65M
EPS Revisions
Last 90 days

IREN Income Statement

Compare IREN to Peers and Sector

Metrics to compare
IREN
Peers
Sector
Relationship
P/E Ratio
38.8x−8.8x12.8x
PEG Ratio
0.110.020.01
Price / Book
6.0x2.2x2.4x
Price / LTM Sales
19.9x9.7x2.4x
Upside (Analyst Target)
69.4%53.3%23.8%
Fair Value Upside
Unlock−8.8%3.2%Unlock

IREN Limited operates in the vertically integrated data center business in Australia and Canada. The company owns and operates computing hardware, as well as electrical infrastructure and data centers. It also mines Bitcoin, a scarce digital asset that is created and transmitted through the operation of a peer-to-peer network of computers running the Bitcoin software. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. The company was incorporated in 2018 and is based in Sydney, Australia.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
30.68M9.23%1.32B
Other Institutional Investors
126.63M38.11%5.43B
Public Companies & Retail Investors
174.97M52.66%7.50B
Total
332.28M100.00%14.25B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
D. E. Shaw & Co., L.P.3.52%11,684,671500,805
HANSAINVEST Hanseatische Investment-GmbH3.43%11,396,168488,440

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FAQ

What Is the IREN Ltd (IREN) Stock Price Today?

The IREN Ltd stock price today is 45.454 USD.

What Stock Exchange Does IREN Ltd Trade On?

IREN Ltd is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for IREN Ltd?

The stock symbol for IREN Ltd is "IREN."

What Is the IREN Ltd Market Cap?

As of today, IREN Ltd market cap is 14.240B USD.

What Is IREN Ltd's Earnings Per Share (TTM)?

The IREN Ltd EPS (TTM) is 1.334.

When Is the Next IREN Ltd Earnings Date?

IREN Ltd will release its next earnings report on May 07, 2026.

From a Technical Analysis Perspective, Is IREN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

How Many Times Has IREN Ltd Stock Split?

IREN Ltd has split 0 times.

How Many Employees Does IREN Ltd Have?

IREN Ltd has 257 employees.

What is the current trading status of IREN Ltd (IREN)?

As of May 01, 2026, IREN Ltd (IREN) is trading at a price of 45.454 USD, with a previous close of 42.860 USD. The stock has fluctuated within a day range of 42.600 USD to 45.580 USD, while its 52-week range spans from 6.010 USD to 76.870 USD.

What Is IREN Ltd (IREN) Price Target According to Analysts?

The average 12-month price target for IREN Ltd is 70.400 USD, with a high estimate of 105 USD and a low estimate of 26 USD. 11 analysts recommend buying the stock, while 2 suggest selling, leading to an overall rating of Buy. The stock has an +54.88% Upside potential.

What Is the IREN Premarket Price?

IREN's last pre-market stock price is 44.050 USD. The pre-market share volume is 1,000,000.000, and the stock has decreased by 1.190, or 2.780%.

What Is the IREN After Hours Price?

IREN's last after hours stock price is 45.330 USD, the stock has decreased by -0.124, or -0.270%.
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