IREN Ltd (IREN)

Currency in USD
47.740
-2.720(-5.39%)
Closed·
49.290+1.550(+3.25%)
·
IREN is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
46.00049.270
52 wk Range
8.28076.870
Key Statistics
Prev. Close
47.74
Open
48.62
Day's Range
46-49.27
52 wk Range
8.28-76.87
Volume
37.58M
Average Volume (3m)
39.86M
1-Year Change
454.4715%
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
+57.10%
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

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

Analysts 12-Month Price Target:

Average 75.000
(+57.10% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
BTIG
Buy80.00+67.57%-MaintainMay 11, 2026
JPMorgan
Sell46.00-3.64%39.00MaintainMay 11, 2026
Cantor Fitzgerald
Buy77.00+61.29%61.00MaintainMay 08, 2026
Compass Point
Buy105.00+119.94%-MaintainMay 08, 2026
H.C. Wainwright
Buy85.00+78.05%80.00MaintainMay 08, 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: 2026/05/08, 06:00
Read Full Transcript

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
107.9x−8.6x12.7x
PEG Ratio
0.570.020.01
Price/Book
6.4x1.5x2.4x
Price / LTM Sales
22.5x13.1x2.4x
Upside (Analyst Target)
67.6%53.5%23.6%
Fair Value Upside
Unlock−7.6%2.6%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
30,56M8,55%1,54B
Other Institutional Investors
130,29M36,46%6,57B
Public Companies & Retail Investors
196,53M54,99%9,92B
Total
357,38M100,00%18,03B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
D. E. Shaw & Co., L.P.3,27%11 684 671589 608
HANSAINVEST Hanseatische Investment-GmbH3,19%11 396 168575 051

FAQ

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

The IREN Ltd stock price today is 47,740 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 17,060B 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 May 20, 2026, IREN Ltd (IREN) is trading at a price of 47,740 USD, with a previous close of 47,740 USD. The stock has fluctuated within a day range of 46,000 USD to 49,270 USD, while its 52-week range spans from 8,280 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 +57,10% Upside potential.

What Is the IREN Premarket Price?

IREN's last pre-market stock price is 49,290 USD. The pre-market share volume is 491 280,000, and the stock has decreased by 1,550, or 3,250%.

What Is the IREN After Hours Price?

IREN's last after hours stock price is 48,470 USD, the stock has decreased by 0,730, or 1,530%.
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