IREN Limited (IREN)

NASDAQ: IREN · Real-Time Price · USD
44.44
-3.92 (-8.11%)
At close: Apr 28, 2026, 4:00 PM EDT
44.58
+0.14 (0.32%)
After-hours: Apr 28, 2026, 5:37 PM EDT
-8.11%
Market Cap 14.77B
Revenue (ttm) 757.10M
Net Income (ttm) 389.74M
Shares Out 332.28M
EPS (ttm) 1.33
PE Ratio 33.31
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 39,645,980
Open 45.87
Previous Close 48.36
Day's Range 43.53 - 46.74
52-Week Range 5.73 - 76.87
Beta 4.31
Analysts Buy
Price Target 62.50 (+40.64%)
Earnings Date May 7, 2026

About 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... [Read more]

Industry Capital Markets
Sector Financials
IPO Date Nov 17, 2021
Employees 257
Stock Exchange NASDAQ
Ticker Symbol IREN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for IREN stock is "Buy." The 12-month stock price target is $62.5, which is an increase of 40.64% from the latest price.

Price Target
$62.5
(40.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

IREN to Release Q3 FY26 Results on May 7, 2026

NEW YORK, April 23, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) ("IREN") today announced that it will release its financial results for the three months ended March 31, 2026, on Thursday, May...

5 days ago - GlobeNewsWire

IREN stock analysis amid CoreWeave, Nebius market share gains

IREN stock price has rebounded in the past few days, moving from a low of $30 on March 30 to the current $40. It remains down by 50% from its highest point in 2025.

15 days ago - Invezz

IREN stock is under pressure as technicals point to a rebound

IREN stock price has slumped into a bear market despite the ongoing demand for artificial intelligence (AI) computing. It was trading at $35.7, down sharply from its all-time high.

19 days ago - Invezz

Why Is IREN Stock Jumping Wednesday?

IREN Ltd (NASDAQ: IREN) shares are climbing during Wednesday's session. The move comes as global markets react to a significant geopolitical shift.

20 days ago - Benzinga

IREN Stock's Value Score Surges Despite 10% YTD Drop As Wall Street Bets On AI Expansion

While the stock has seen a nearly 10% year-to-date decline, climbing fundamental metrics and resolute analyst price targets suggest a massive potential upside for the infrastructure firm.

26 days ago - Benzinga

IREN CEO: AI Buildout Is 'Permanent Whack-A-Mole' — And That's The Real Bottleneck

That may be the most accurate description of the industry right now.

5 weeks ago - Benzinga

IREN Is Making Moves in AI and Bitcoin. Technicals Point to Strong Growth Ahead.

IREN stock is well positioned in AI infrastructure and also has a stake in bitcoin mining.

6 weeks ago - Barrons

IREN Shares Are Edging Lower Thursday: What's Going On?

IREN Ltd (NASDAQ: IREN) shares are trading lower Thursday afternoon as broader market pressure tied to geopolitical tensions weighed on stocks, though investors are also continuing to digest the compa...

6 weeks ago - Benzinga

NBIS Rallies on NVDA Investment, Lifts CRWV, IREN & Other Neocloud Stocks

Nebius (NBIS) experienced a rebound rally and lifted other data center and neocloud stocks after Nvidia (NVDA) announced a $2 billion investment in the company. Rick Ducat compares the stock's outperf...

Other symbols: CRWVNBISNVDA
6 weeks ago - Schwab Network

IREN Expands AI Cloud Capacity to 150,000 GPUs

NEW YORK, March 04, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has entered into purchase agreements for over 50,000 NVIDIA B300 GPUs that will expand its total fl...

7 weeks ago - GlobeNewsWire

IREN Appoints John Gross as Chief Innovation Officer

Global Leader in High-Density Data Center Engineering and Liquid Cooling Global Leader in High-Density Data Center Engineering and Liquid Cooling

2 months ago - GlobeNewsWire

IREN Added to MSCI USA Index

NEW YORK, Feb. 12, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it will be added to the MSCI USA Index, effective after close of trading on February 27, 2026.

2 months ago - GlobeNewsWire

IREN stock price has slumped recently: Is it safe to buy the dip?

IREN stock price remains under pressure this month as Bitcoin retreats and Neoclouds shares dip. It retreated to $42.93 on Wednesday, down by 44% from its highest level in November last year.

2 months ago - Invezz

This gaming stock is rallying into ‘RESISTANCE,' trade expert warns

Simpler Trading VP of options Danielle Shay talks small-cap and value stocks including Roblox and Amazon on ‘Making Money.' #stocks #stockmarket #trading #investing #wallstreet #business #economy #gam...

2 months ago - Fox Business

IREN Stock Stutters. It's a Story of Crypto Pain and AI Gains.

IREN stock has been hit by concern over its cryptocurrency mining operations, even as it pivots toward artificial-intelligence computing.

2 months ago - Barrons

IREN Limited Earnings Call Transcript: Q2 2026

Secured $3.6B in GPU financing, covering 95% of CapEx for a $9.7B Microsoft AI contract, with strong AI cloud demand and $3.4B ARR targeted by end of 2026. Q2 revenue fell 23% as the business transitions from Bitcoin mining to AI cloud.

2 months ago - Transcripts

IREN Stock Sinks After Q2 Earnings: Here's Why

IREN Limited (NASDAQ: IREN) shares dropped in Thursday's extended trading after the company released its second-quarter earnings report, missing analyst estimates on the top and bottom lines.

2 months ago - Benzinga

IREN's $9.7 Billion Microsoft Bet Hits The Earnings Moment Of Truth

IREN Ltd (NASDAQ: IREN) used to dig for Bitcoin (CRYPTO: BTC). Now it wants to mine the cloud.

2 months ago - Benzinga

Thatcher: Markets Seeking Stability & Top Picks in AMZN, IREN, Silver

“All the market wants right now is stability and consistency,” says Ted Thatcher, but volatility continues. He argues that Americans' economic outlook is largely based on their ability to access credi...

Other symbols: AMZNSLV
3 months ago - Schwab Network

IREN Limited (IREN) Price Forecast: Bullish Momentum Builds After Pullback

IREN is forming a bullish continuation pattern after holding key moving averages, with improving momentum and Fibonacci projections pointing toward potential upside beyond $87.

3 months ago - FXEmpire

WallStreetBets 2026 Index—Top 10 Stocks Chosen By Retail

The digital forum that once brought Wall Street to its knees with the GameStop Corp. (NYSE: GME) short squeeze has set its sights on a longer horizon.

3 months ago - Benzinga

IREN to Release Q2 FY26 Results on February 5, 2026

NEW YORK, Jan. 22, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) ("IREN") today announced that it will release its financial results for the three months ended December 31, 2025, on Thursday, F...

3 months ago - GlobeNewsWire

Microsoft, Nebius, IREN And More: 5 Stocks Investors Couldn't Stop Buzzing About This Week

Retail investors talked up five hot stocks this week (Jan. 12 to Jan. 16) on X and Reddit's r/WallStreetBets, driven by retail hype, AI buzz, and corporate news flow.

Other symbols: MSFTNBISOKLOQBTS
3 months ago - Benzinga

These 8 stocks could form the backbone of AI as chips get more powerful

Beyond obvious AI plays like Nvidia, experts see opportunity in shares of infrastructure companies, some of which remain cheap.

3 months ago - Market Watch

Crypto stocks split in 2025 as operators rally and balance-sheet plays lag

CNBC's MacKenzie Sigalos reporting on how bitcoin miners tied to AI infrastructure deals outperformed this year, while crypto-treasury names sank under dilution and financing costs.

4 months ago - CNBC Television