IREN Ltd (IREN)

Currency in USD
35.450
-5.080(-12.53%)
Closed·
35.602+0.152(+0.43%)
·
IREN is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
34.81038.048
52 wk Range
25.31076.870
Key Statistics
Prev. Close
40.53
Open
37.645
Day's Range
34.81-38.048
52 wk Range
25.31-76.87
Volume
89.87M
Average Volume (3m)
45.56M
1-Year Change
33.8746%
Book Value / Share
11.71
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
78.188
Upside
+120.56%
Members' Sentiments
Bearish
Bullish
ProTips
Stock has taken a big hit over the last week

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

13 Buy
3 Hold
1 Sell
Ratings:
17 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 78.188
(+120.56% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Cantor Fitzgerald
Buy99.00+179.27%99.00MaintainAug 28, 2026
Compass Point
Buy85.00+139.77%105.00MaintainAug 28, 2026
H.C. Wainwright
Buy90.00+153.88%-MaintainAug 28, 2026
Citizens
Buy80.00+125.67%-MaintainAug 28, 2026
Bernstein SocGen Group
Buy100.00+182.09%-MaintainAug 13, 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: 27/08/2026, 23:22
Read Full Transcript

Earnings

Latest Release
Aug 27, 2026
EPS / Forecast
-1.89 / -0.34
Revenue / Forecast
137.2M / 157.14M
EPS Revisions
Last 90 days

IREN Income Statement

Compare IREN to Peers and Sector

Metrics to compare
IREN
Peers
Sector
Relationship
P/E Ratio
−19.9x−4.7x12.4x
PEG Ratio
0.030.010.01
Price/Book
3.3x8.2x2.4x
Price / LTM Sales
19.8x12.9x2.3x
Upside (Analyst Target)
125.7%112.1%33.9%
Fair Value Upside
Unlock−22.6%4.6%Unlock

IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate 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. 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
35.97M10.06%1.28B
Other Institutional Investors
187.55M52.48%6.65B
Public Companies & Retail Investors
133.86M37.46%4.75B
Total
357.38M100.00%12.67B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Bank of America Corporation3.95%14,112,963500,305
BlackRock, Inc.3.73%13,315,152472,022

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FAQ

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

The IREN Ltd stock price today is 35.450 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 (IREN) Afterhours Price Today? (Afterhours variable test: 35.602) Current Date: Aug 29, 2026

After hours price: 35.602. After hours price change (units): 0.152. Price change percentage: 0.430%

What Is the IREN Ltd Market Cap?

As of today, IREN Ltd market cap is 14.480B 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 Dec 01, 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 Aug 29, 2026, IREN Ltd (IREN) is trading at a price of 35.450 USD, with a previous close of 40.530 USD. The stock has fluctuated within a day range of 34.810 USD to 38.048 USD, while its 52-week range spans from 25.310 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 78.188 USD, with a high estimate of 131 USD and a low estimate of 41 USD. 13 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +120.56% Upside potential.

What Is the IREN Premarket Price?

IREN's last pre-market stock price is 37.640 USD. The pre-market share volume is 4,780,000.000, and the stock has decreased by -2.890, or -7.130%.

What Is the IREN After Hours Price?

IREN's last after hours stock price is 35.602 USD, the stock has decreased by 0.152, or 0.430%.
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