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Iris Energy ( (IREN) ) has provided an update.
On September 8, 2025, IREN Limited announced the appointment of Anthony Lewis as Chief Financial Officer, succeeding Belinda Nucifora. Lewis, who joined IREN as Chief Capital Officer in July 2025, brings extensive experience from his previous roles at Macquarie Group, enhancing IREN’s financial operations and capital markets strategy. This leadership change is expected to support the company’s growth trajectory in its AI cloud business and capital structure evolution.
The most recent analyst rating on (IREN) stock is a Hold with a $32.00 price target. To see the full list of analyst forecasts on Iris Energy stock, see the IREN Stock Forecast page.
Spark’s Take on IREN Stock
According to Spark, TipRanks’ AI Analyst, IREN is a Neutral.
IREN’s strong earnings call and positive corporate events are significant strengths, indicating robust growth and strategic positioning. However, challenges in valuation and cash flow management temper the overall score.
To see Spark’s full report on IREN stock, click here.
More about Iris Energy
IREN is a leading developer, owner, and operator of next-generation data centers focused on Bitcoin mining, AI cloud services, and AI data centers, utilizing 100% renewable energy. The company operates large-scale, grid-connected facilities across the U.S. and Canada, with a significant power and land portfolio and a multi-gigawatt development pipeline.
Average Trading Volume: 27,426,680
Technical Sentiment Signal: Buy
Current Market Cap: $7.09B
For a thorough assessment of IREN stock, go to TipRanks’ Stock Analysis page.