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IREN Stock Chart & Stats
$48.12
-$0.94(-8.26%)
At close: 4:00 PM EST
$48.12
-$0.94(-8.26%)
Day’s Range― - ―
52-Week Range$14.72 - $76.87
Previous CloseN/A
Volume5.61M
Average Volume (3M)40.66M
Market Cap
$14.35B
Enterprise Value$12.64K
Total Cash (Recent Filing)$2.21B
Total Debt (Recent Filing)$3.96B
Price to Earnings (P/E)1005.0
Beta2.89
Next Earnings
Sep 16, 2026EPS Estimate
-0.53Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.04
Shares Outstanding357,378,660
10 Day Avg. Volume43,498,764
30 Day Avg. Volume40,664,383
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$77.20Price Target Upside60.43% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)-0.18
Revenue Forecast (FY)$2.83B
Bulls Say, Bears Say
Bulls Say
Secured Power And Multi‑GW BuildoutA 5.0 GW secured power base and explicit 2026–2027 capacity targets create a durable supply-side moat: long‑term access to power reduces the single largest operational constraint for hyperscale GPU hosting, enabling predictable capacity monetization and reducing site-level delivery risk over the next 2–6 months.
Large Multi‑year NVIDIA Strategic Partnership And InvestmentA multi‑year commercial contract plus a capital commitment from NVIDIA aligns customer demand with deployment funding. This materially reduces commercialization and financing uncertainty, aligns incentives for scale, and secures anchored revenue and deployment capital over a multi-year horizon.
Strong Revenue Ramp And Positive Operating Cash FlowRapid top-line growth combined with sizable operating cash generation demonstrates improving unit economics and operational traction. Positive operating cash flow supports ongoing operations and gives management flexibility to fund staged expansion even while capex remains large, supporting medium-term execution.
Bears Say
Substantially Higher LeverageA sharp step‑up in corporate leverage reduces financial flexibility and increases exposure to rising interest rates or covenant pressure. Even with project‑style financings, elevated consolidated debt means refinancing, covenant testing, or weaker capital markets could constrain growth or force dilutive financing over the next several quarters.
Deeply Negative Free Cash Flow And Capital IntensityNegative free cash flow reflects heavy ongoing GPU and facility capex not yet self-funded. Persistent FCF deficits create structural reliance on external financing or partner‑funding, raising dilution or debt risks and making sustained scale dependent on continued access to capital markets or milestone financings.
Execution Risk And Impairment Volatility From Mining Wind‑downDecommissioning mining assets has produced meaningful noncash impairments and revenue disruption. A back‑ended ARR ramp and remaining uncontracted capacity mean near‑term cash and earnings are sensitive to on‑time commissioning, customer commitments, and potential further write‑downs, creating durable execution risk during transition.
IREN News
IREN FAQ
What was Iren Limited’s price range in the past 12 months?
Iren Limited lowest stock price was $14.72 and its highest was $76.87 in the past 12 months.
What is Iren Limited’s market cap?
Iren Limited’s market cap is $14.35B.
When is Iren Limited’s upcoming earnings report date?
Iren Limited’s upcoming earnings report date is Sep 16, 2026 which is in 56 days.
How were Iren Limited’s earnings last quarter?
Iren Limited released its earnings results on May 07, 2026. The company reported -$0.74 earnings per share for the quarter, missing the consensus estimate of -$0.218 by -$0.522.
Is Iren Limited overvalued?
According to Wall Street analysts Iren Limited’s price is currently Undervalued.
Does Iren Limited pay dividends?
Iren Limited does not currently pay dividends.
What is Iren Limited’s EPS estimate?
Iren Limited’s EPS estimate is -0.53.
How many shares outstanding does Iren Limited have?
Iren Limited has 357,378,660 shares outstanding.
What happened to Iren Limited’s price movement after its last earnings report?
Iren Limited reported an EPS of -$0.74 in its last earnings report, missing expectations of -$0.218. Following the earnings report the stock price went up 7.652%.
Which hedge fund is a major shareholder of Iren Limited?
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$77.20 (60.43% Upside)
$77.20 (60.43% Upside)
Blogger Sentiment
Bullish
IREN Sentiment 70%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 2.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $434.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
News Sentiment
Very Bullish
Bullish news 96%
Bearish news 4%
Bearish news 4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
127.49%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
301.30%
Trailing 12-Months
Company Description
Iren Limited
IREN Limited, established in 2018 and based in Sydney, Australia, operates a comprehensive, vertically integrated data center business spanning Australia and Canada. The company possesses and manages all essential infrastructure, including its computing hardware, electrical systems, and the data center facilities themselves. A primary undertaking for IREN Limited is the mining of Bitcoin, a scarce digital asset created and exchanged via a decentralized, peer-to-peer computer network utilizing specialized Bitcoin software. The company was previously named Iris Energy Limited, officially adopting IREN Limited in November 2024.
IREN Stock 12 Month Forecast
Average Price Target
$77.20
▲(60.43% Upside)
Technical Analysis
Ownership Overview
13.63% Insiders
3.60% Mutual Funds
0.28% Other Institutional Investors
73.67% Public Companies and Individual Investors