IREN Limited (IREN) stock rallied on Friday after the data center operator announced results for its Fiscal fourth quarter of 2025. A major win for IREN shareholders was the company’s net income of $176.9 million. For a company that regularly reports a net loss, this was a huge deal.
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IREN Limited also posted revenue of $187.3 million in Fiscal Q4 2025, which was below Wall Street’s estimate of $188.91 million. Even so, strong growth from its Bitcoin (BTC) mining operations and artificial intelligence (AI) server businesses impressed investors. On that same note, the company announced plans to expand its AI Cloud business to 10,900 graphics processing units (GPUs). It will do so with Nvidia (NVDA) GPUs, as the company has obtained Nvidia Preferred Partner status.
IREN Limited stock was up 17.1% in pre-market trading on Friday, following a 3.06% rally yesterday. The shares have also increased 134.62% year-to-date and 191.28% over the past 12 months.
IREN Limited Guidance
IREN Limited didn’t provide formal guidance in its latest earnings report. However, co-founder and co-CEO Daniel Roberts did talk about its future. He said, “Looking ahead, our vertical integration uniquely positions us to deliver across the entire AI infrastructure stack – from powered shells to turnkey colocation to fully managed cloud services – and we are advancing a range of additional commercial opportunities while executing on near-term growth.”
Is IREN Limited Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for IREN Limited is Moderate Buy, based on five Buy and three Hold ratings over the past three months. With that comes an average IREN stock price target of $20.93, representing a potential 9.16% downside for the shares. These ratings and price targets will likely change as analysts update their coverage after today’s earnings report.
