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IREN (IREN)
NASDAQ:IREN
IREN Stock Chart & Stats
$38.85
-$0.94(-8.26%)
At close: 4:00 PM EST
$38.85
-$0.94(-8.26%)
Day’s Range― - ―
52-Week Range$5.13 - $76.87
Previous CloseN/A
Volume5.61M
Average Volume (3M)40.32M
Market Cap
$12.89B
Enterprise Value$13.46B
Total Cash (Recent Filing)$3.26B
Total Debt (Recent Filing)$3.84B
Price to Earnings (P/E)44.5
Beta2.78
Next Earnings
May 13, 2026EPS Estimate
-0.25Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.52
Shares Outstanding332,280,400
10 Day Avg. Volume30,036,551
30 Day Avg. Volume40,319,537
Financial Highlights & Ratios
PEG Ratio-0.15
Price to Book (P/B)1.72
Price to Sales (P/S)6.24
P/FCF Ratio-2.77
Enterprise Value/Market Cap1.04
Enterprise Value/Revenue19.32
Enterprise Value/Gross Profit37.89
Enterprise Value/Ebitda17.98
Forecast
1Y Price Target
$79.78Price Target Upside105.35% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)0.42
Revenue Forecast (FY)$1.04B
Bulls Say, Bears Say
Bulls Say
Customer Contracts And RevenueAnalyst notes a significant multi-year AI cloud contract with a blue-chip counterparty and that energized GPUs are under long-term contract, supporting sustained cloud services revenue growth.
FinancingAnalyst highlights secured low-cost financing and a GPU-backed facility that cover most GPU capital needs, reducing funding risk and lowering the probability of shareholder dilution from future capital raises.
Power Capacity And Site ExpansionManagement acquired a major site and confirmed power interconnect agreements, materially expanding the company's power pipeline and providing headroom to add incremental data-center capacity.
Bears Say
Earnings And Market ReactionAnalyst points out revenue and earnings missed expectations and the absence of new AI deal announcements generated downward pressure on the stock.
Execution And Buildout RiskAnalyst warns that significant remaining buildout and capital requirements create execution and financing risk, particularly if additional funding or key construction milestones are delayed.
Revenue Mix And Contract QualityAnalyst expresses caution about the cloud strategy because recent high-performance computing co-location deals appear less lucrative than direct cloud contracts, increasing uncertainty around future revenue mix and the potential need for equity issuance.
IREN News
IREN FAQ
What was IREN’s price range in the past 12 months?
IREN lowest stock price was $5.13 and its highest was $76.87 in the past 12 months.
What is IREN’s market cap?
IREN’s market cap is $12.89B.
When is IREN’s upcoming earnings report date?
IREN’s upcoming earnings report date is May 13, 2026 which is in 70 days.
How were IREN’s earnings last quarter?
IREN released its earnings results on Feb 05, 2026. The company reported -$0.52 earnings per share for the quarter, missing the consensus estimate of -$0.11 by -$0.41.
Is IREN overvalued?
According to Wall Street analysts IREN’s price is currently Undervalued.
Does IREN pay dividends?
IREN does not currently pay dividends.
What is IREN’s EPS estimate?
IREN’s EPS estimate is -0.25.
How many shares outstanding does IREN have?
IREN has 332,280,400 shares outstanding.
What happened to IREN’s price movement after its last earnings report?
IREN reported an EPS of -$0.52 in its last earnings report, missing expectations of -$0.11. Following the earnings report the stock price went up 5.127%.
Which hedge fund is a major shareholder of IREN?
Currently, no hedge funds are holding shares in IREN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
IREN Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$79.78 (105.35% Upside)
$79.78 (105.35% Upside)
Blogger Sentiment
Bullish
IREN Sentiment 85%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 315.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 4.4%
Last 30 Days ▲ 4.4%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
402.30%
12-Months-Change
Fundamentals
Return on Equity
22.51%
Trailing 12-Months
Asset Growth
308.67%
Trailing 12-Months
Company Description
IREN
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.
IREN Company Deck
IREN Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized material progress on the three pillars (capacity, customers, capital): large, diversified financing (including a $3.6B GPU facility), Microsoft prepayments covering ~95% of GPU CapEx, a clear ARR target ($3.4B) supported by 140,000 GPU deployment plans, >4.5GW secured power and ~$2.3B ARR already contracted. Near-term financials showed a 23% quarter-over-quarter revenue decline and several noncash charges tied to the transition from Bitcoin mining, but management presented these as transitional items while highlighting strong liquidity (~$2.8B cash) and execution momentum. Overall, positives (scale financing, secured power, customer demand, clear runway to ARR target) materially outweigh the transitional lowlights (declining mining revenue, impairments and phased revenue recognition), supporting a constructive outlook.View all IREN earnings summariesIREN Stock 12 Month Forecast
Average Price Target
$79.78
▲(105.35% Upside)
Technical Analysis
Ownership Overview
8.64% Insiders
3.43% Mutual Funds
2.57% Other Institutional Investors
82.44% Public Companies and Individual Investors
Options Prices
Currently, No data available
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