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Iris Energy ( (IREN) ) has shared an update.
On July 1, 2025, IREN Limited announced the appointment of Anthony Lewis as Chief Capital Officer, a new role aimed at enhancing the company’s capital markets strategy. Lewis, with over two decades of experience at Macquarie Group, is expected to drive IREN’s financial strategy as it explores AI infrastructure investments, potentially impacting its growth and market positioning.
The most recent analyst rating on (IREN) stock is a Buy with a $14.00 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.
Iris Energy’s overall score reflects its robust revenue growth and strategic expansions in AI Cloud and Bitcoin mining. However, profitability challenges, high operational costs, and a negative P/E ratio weigh down the valuation. The stock’s technical indicators suggest strong momentum but potential overbought conditions.
To see Spark’s full report on IREN stock, click here.
More about Iris Energy
IREN is a vertically integrated data center business that focuses on Bitcoin mining, AI cloud services, and AI data centers, utilizing 100% renewable energy. The company operates large-scale, grid-connected facilities in the U.S. and Canada, with a significant power and land portfolio and a development pipeline for future expansion.
Average Trading Volume: 17,419,454
Technical Sentiment Signal: Buy
Current Market Cap: $3.37B
Find detailed analytics on IREN stock on TipRanks’ Stock Analysis page.