IREN Ltd (IREN)

Currency in USD
60.980
+6.240(+11.40%)
Closed·
60.090-0.890(-1.46%)
·
Earnings results expected today
IREN is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
56.10261.500
52 wk Range
6.76076.870
Key Statistics
Prev. Close
54.74
Open
56.245
Day's Range
56.102-61.5
52 wk Range
6.76-76.87
Volume
62.38M
Average Volume (3m)
34.58M
1-Year Change
828.4615%
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
+15.45%
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
Strong Buy

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 70.400
(+15.45% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Bernstein SocGen Group
Buy100.00+63.99%125.00MaintainApr 27, 2026
Freedom Capital Markets
Hold---New CoverageApr 01, 2026
H.C. Wainwright
Buy80.00+31.19%-MaintainMar 05, 2026
B.Riley
Buy83.00+36.11%74.00MaintainFeb 06, 2026
Compass Point
Buy105.00+72.19%-MaintainFeb 06, 2026

IREN Ltd SWOT Analysis


Mining Powerhouse
Iris Energy's Bitcoin mining operations boast 28 EH capacity, with plans to nearly double by 2025, positioning it as a major player in the industry
AI Ambitions Unfold
Explore Iris Energy's strategic pivot into AI and HPC, leveraging existing infrastructure to tap into high-growth tech sectors
Financial Horizons
Analysts project EBITDA of $468 million for FY2026, with potential profitability this year and Bitcoin dividend prospects as early as 2025
Valuation Insights
Average analyst price target of $22, with BTIG and Cantor Fitzgerald setting targets up to $23, suggesting potential upside for investors
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: 2026-02-05, 06:20 p/m
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
52.0x−10.0x13.0x
PEG Ratio
0.150.020.01
Price/Book
8.1x3.7x2.4x
Price / LTM Sales
26.8x13.7x2.5x
Upside (Analyst Target)
26.3%21.7%20.3%
Fair Value Upside
Unlock−22.1%1.0%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
30.44M9.16%1.67B
Other Institutional Investors
126.11M37.95%6.90B
Public Companies & Retail Investors
175.73M52.89%9.62B
Total
332.28M100.00%18.19B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
D. E. Shaw & Co., L.P.3.52%11,684,671639,619
HANSAINVEST Hanseatische Investment-GmbH3.43%11,396,168623,826

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FAQ

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

The IREN Ltd stock price today is 60.980 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 18.190B 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 Strong Buy.

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 07, 2026, IREN Ltd (IREN) is trading at a price of 60.980 USD, with a previous close of 54.740 USD. The stock has fluctuated within a day range of 56.102 USD to 61.500 USD, while its 52-week range spans from 6.760 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 +15.45% Upside potential.

What Is the IREN Premarket Price?

IREN's last pre-market stock price is 56.108 USD. The pre-market share volume is 3,700,000.000, and the stock has decreased by 1.368, or 2.500%.

What Is the IREN After Hours Price?

IREN's last after hours stock price is 60.090 USD, the stock has decreased by -0.890, or -1.460%.
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