IREN Ltd (IREN)

Currency in USD
21.640
+3.610(+20.02%)
Closed·
21.780+0.140(+0.65%)
·
IREN is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
20.18022.460
52 wk Range
17.15570.707
Key Statistics
Prev. Close
21.64
Open
21.15
Day's Range
20.18-22.46
52 wk Range
17.155-70.707
Volume
112.9M
Average Volume (3m)
48.76M
1-Year Change
-65.3094%
Book Value / Share
12.98
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
69.528
Upside
+221.29%
Members' Sentiments
Bearish
Bullish
ProTips
Quickly burning through cash

IREN Ltd News & Analysis

Show more

Technical Analysis

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

Analyst Ratings

16 Buy
4 Hold
0 Sell
Ratings:
20 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 69.528
(+221.29% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Jones Trading
Buy40.00+84.84%-UpgradeNov 06, 2026
Cantor Fitzgerald
Buy47.00+117.19%99.00MaintainNov 06, 2026
BTIG
Buy65.00+200.37%80.00MaintainNov 06, 2026
Goldman Sachs
Hold30.00+38.63%-MaintainNov 06, 2026
Bernstein SocGen Group
Buy55.00+154.16%100.00MaintainNov 05, 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 Q4/2026

  • Q4 revenue of $137.2M missed estimates of $157.14M by 12.7%; net loss of $684M driven by non-cash mining exit impairments
  • AI Cloud revenue hit $70.5M (51.4% of total), with ARR rising from $500M to $1B post-Microsoft deal; $4B ARR expected by December
  • Company secured $19B in funding over 12 months; FY2027 capex guidance of $25B-$30B to support AI infrastructure buildout
  • Shares fell 7.23% after-hours to $37.6 despite 2.4% regular session gain as investors focused on revenue miss and heavy losses
  • Mining operations to be fully decommissioned by December 2026 as company completes strategic pivot to AI infrastructure business
Last Updated: 2026-08-27, 06:22 p/m
Read Full Transcript

Earnings

Latest Release
Nov 05, 2026
EPS / Forecast
-0.54 / -0.72
Revenue / Forecast
228M / 230.45M
EPS Revisions
Last 90 days

IREN Income Statement

Compare IREN to Peers and Sector

Metrics to compare
IREN
Peers
Sector
Relationship
P/E Ratio
−6.8x−5.6x10.5x
PEG Ratio
0.010.000.01
Price/Book
1.8x4.1x2.4x
Price / LTM Sales
13.2x11.7x2.0x
Upside (Analyst Target)
221.3%274.5%55.4%
Fair Value Upside
Unlock−10.6%14.3%Unlock

IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operates data centers, including the associated land, grid connections, and substations, as well as buildings and cooling. The company also owns and operates compute layers, such as GPUs, CPUs, storage, servers, and networking deployed within that data center infrastructure; and software layers comprising managed services and enterprise support that enables customers to deploy, operate, and manage AI workloads. In addition, it is involved in Bitcoin mining. Further, its division IREN Europe operates a planned AI data center in Badajoz, Spain that deliver approximately 300MW of capacity, including managed services to customers seeking greater choice over where their AI workloads run and how their data and infrastructure are managed in Europe. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. IREN Limited was incorporated in 2018 and is based in Sydney, Australia.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
47.61M12.08%1.03B
Other Institutional Investors
175.68M44.58%3.81B
Public Companies & Retail Investors
170.77M43.34%3.71B
Total
394.06M100.00%8.56B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Bank of America Corporation3.58%14,112,963306,392
BlackRock, Inc.3.38%13,315,152289,072

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FAQ

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

The IREN Ltd stock price today is 21.640 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 7.650B USD.

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

The IREN Ltd EPS (TTM) is -3.88.

When Is the Next IREN Ltd Earnings Date?

IREN Ltd will release its next earnings report on Feb 17, 2027.

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 685 employees.

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

As of Nov 07, 2026, IREN Ltd (IREN) is trading at a price of 21.640 USD, with a previous close of 21.640 USD. The stock has fluctuated within a day range of 20.180 USD to 22.460 USD, while its 52-week range spans from 17.155 USD to 70.707 USD.

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

The average 12-month price target for IREN Ltd is 69.528 USD, with a high estimate of 139 USD and a low estimate of 30 USD. 16 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +221.29% Upside potential.

What Is the IREN Premarket Price?

IREN's last pre-market stock price is 21.360 USD. The pre-market share volume is 10,780,000.000, and the stock has decreased by 3.330, or 18.470%.

What Is the IREN After Hours Price?

IREN's last after hours stock price is 21.780 USD, the stock has decreased by 0.140, or 0.650%.
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