IREN Ltd (IREN)

Currency in USD
41.140
-0.580(-1.39%)
Closed·
40.829-0.311(-0.76%)
·
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Fair Value
Day's Range
39.96542.610
52 wk Range
14.72076.870
Key Statistics
Prev. Close
41.72
Open
42.61
Day's Range
39.965-42.61
52 wk Range
14.72-76.87
Volume
30.17M
Average Vol. (3m)
46.46M
1-Year Change
153.4812%
Book Value / Share
8.02
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
80.933
Upside
+96.73%
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 Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

12 Buy
3 Hold
1 Sell
Ratings:
16 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 80.933
(+96.73% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Freedom Broker
Buy58.00+40.98%-UpgradeJul 06, 2026
Jefferies
Buy79.00+92.03%-New CoverageJun 18, 2026
B.Riley
Buy96.00+133.35%88.00MaintainJun 04, 2026
Macquarie
Buy90.00+118.77%-MaintainJun 03, 2026
Canaccord
Buy79.00+92.03%70.00MaintainJun 03, 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 Q3/2026

  • IREN Q3 FY2026 EPS of -$0.30 missed forecast of -$0.2161 by 38.82%; revenue of $144.8M fell short of $219.87M estimate by 34.14%
  • Stock declined 6.77% in regular trading and additional 2.42% aftermarket following disappointing results and $247.8M net loss
  • AI Cloud services revenue surged 94.2% quarter-over-quarter as company continues strategic pivot from Bitcoin mining to AI infrastructure
  • Company maintains strong $2.6B cash position; projects significant future revenue from Microsoft contract and GPU deployments in coming quarters
  • CEO emphasized commitment to long-term AI Cloud vision despite short-term headwinds from declining Bitcoin mining revenue and non-cash impairments
Last Updated: 05/07/2026, 11:58 PM
Read Full Transcript
IREN Ltd investor slides for Q3/2026
IREN Q3 FY2026 slides
Last Update: May 08, 2026
See full investor slides

Earnings

Latest Release
May 07, 2026
EPS / Forecast
-0.30 / -0.22
Revenue / Forecast
144.8M / 219.87M
EPS Revisions
Last 90 days

IREN Income Statement

Compare IREN to Peers and Sector

Metrics to compare
IREN
Peers
Sector
Relationship
P/E Ratio
93.0x−9.1x12.7x
PEG Ratio
0.490.020.01
Price / Book
5.5x3.3x2.4x
Price / LTM Sales
19.4x27.4x2.4x
Upside (Analyst Target)
94.5%40.7%29.1%
Fair Value Upside
Unlock−25.1%5.3%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
35.98M10.07%1.48B
Other Institutional Investors
133.23M37.28%5.48B
Public Companies & Retail Investors
188.16M52.65%7.74B
Total
357.38M100.00%14.7B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Defiance ETFs, LLC3.55%12,671,028521,286
Situational Awareness LP3.27%11,698,835481,290

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FAQ

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

The IREN Ltd stock price today is 41.140 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 14.700B USD.

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

The IREN Ltd EPS (TTM) is 0.543.

When Is the Next IREN Ltd Earnings Date?

IREN Ltd will release its next earnings report on Sep 16, 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 Strong Sell.

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 Jul 11, 2026, IREN Ltd (IREN) is trading at a price of 41.140 USD, with a previous close of 41.720 USD. The stock has fluctuated within a day range of 39.965 USD to 42.610 USD, while its 52-week range spans from 14.720 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 80.933 USD, with a high estimate of 126 USD and a low estimate of 41 USD. 12 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +96.73% Upside potential.

What Is the IREN Premarket Price?

IREN's last pre-market stock price is 42.440 USD. The pre-market share volume is 1,310,000.000, and the stock has decreased by 0.720, or 1.730%.

What Is the IREN After Hours Price?

IREN's last after hours stock price is 40.829 USD, the stock has decreased by -0.311, or -0.760%.
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