IREN Ltd (IREN)

Currency in USD
53.960
-4.440(-7.60%)
Real-time Data·
IREN is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
53.03656.790
52 wk Range
7.85076.870
Key Statistics
Prev. Close
58.4
Open
56.74
Day's Range
53.036-56.79
52 wk Range
7.85-76.87
Volume
33.94M
Average Volume (3m)
38.99M
1-Year Change
594.3226%
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
75.000
Upside
+38.99%
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
Sell

Analyst Ratings

9 Buy
3 Hold
2 Sell
Ratings:
14 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 75.000
(+38.99% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
BTIG
Buy80.00+48.59%-Maintain11/05/2026
JPMorgan
Sell46.00-14.56%39.00Maintain11/05/2026
Cantor Fitzgerald
Buy77.00+43.02%61.00Maintain08/05/2026
Compass Point
Buy105.00+95.02%-Maintain08/05/2026
H.C. Wainwright
Buy85.00+57.88%80.00Maintain08/05/2026

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 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: 08/05/2026, 05:00
Read Full Transcript

Earnings

Latest Release
07/05/2026
EPS / Forecast
-0.30 / -0.22
Revenue / Forecast
144.8M / 219.87M
EPS Revisions
Last 90 days

Compare IREN to Peers and Sector

Metrics to compare
IREN
Peers
Sector
Relationship
P/E Ratio
122.3x−9.7x13.1x
PEG Ratio
0.150.030.01
Price/Book
7.3x1.3x2.4x
Price / LTM Sales
25.5x14.4x2.5x
Upside (Analyst Target)
26.3%41.0%19.9%
Fair Value Upside
Unlock−20.1%0.3%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
31.09M9.36%1.72B
Other Institutional Investors
124.76M37.55%6.88B
Public Companies & Retail Investors
176.43M53.10%9.73B
Total
332.28M100.00%18.33B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
D. E. Shaw & Co., L.P.3.52%11,684,671682,385
HANSAINVEST Hanseatische Investment-GmbH3.43%11,396,168665,536

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FAQ

What Is the IREN Ltd (NASDAQ: IREN) Share Price Today?

The IREN Ltd stock price today is 53.960 USD.

What Stock Exchange Does IREN Ltd (IREN) Trade On?

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

What Is the Ticker (Stock Symbol) for IREN Ltd?

The stock symbol (also called a 'ticker') for IREN Ltd is "IREN."

What Is the Current IREN Ltd Market Capitalisation?

As of today, IREN Ltd (NASDAQ: IREN) market cap is 20.870B USD.

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

The IREN Ltd EPS is currently 0.543 (Trailing Twelve Months).

When Is the Next IREN Ltd Earnings Date?

IREN Ltd's next earnings report will be released on 16/09/2026.

Is IREN a Buy or Sell From a Technical Analyst Perspective?

Based on today's IREN Ltd moving averages and other technical indicators, the daily buy/sell signal for IREN stock is Buy.

How Many Times Has IREN Ltd Stock Split?

IREN Ltd has split 0 times. (See the IREN stock split history page for full effective split date and price information.)

How Many Employees Does IREN Ltd Have?

IREN Ltd has 257 employees, based on their latest Companies House report.

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

As of 15/05/2026, IREN Ltd (IREN) is trading at a share price of 53.960 USD, with a previous close of 58.400 USD. The stock has fluctuated within a day range of 53.036 USD to 56.790 USD, while its 52-week range spans from 7.850 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 75.000 USD, with a high estimate of 105 USD and a low estimate of 41 USD. 9 analysts recommend buying the stock, while 2 suggest selling, leading to an overall rating of Buy. The stock has an +38.99% Upside potential.

What Is the IREN Premarket Price?

IREN's last pre-market stock price is 56.820 USD. The pre-market share volume is 2,470,000.000, and the stock has decreased by -1.580, or -2.710%.

What Is the IREN After Hours Price?

IREN's last after hours stock price is 57.140 USD, the stock has decreased by -1.260, or -2.160%.
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