Iren SpA (BIT:IRE)

Italy flag Italy · Delayed Price · Currency is EUR
2.658
+0.070 (2.70%)
Jun 5, 2026, 4:53 PM CET
Market Cap3.32B -1.8%
Revenue (ttm)6.24B -4.4%
Net Income293.70M +5.4%
EPS0.22 +3.5%
Shares Out 1.28B
PE Ratio11.52
Forward PE10.77
Dividend0.14 (5.35%)
Ex-Dividend DateJun 22, 2026
Volume1,528,838
Open2.614
Previous Close2.588
Day's Range2.606 - 2.664
52-Week Range2.250 - 2.868
Beta0.81
AnalystsBuy
Price Target2.98 (+12.11%)
Earnings DateMay 11, 2026

About Iren SpA

Iren SpA, together with its subsidiaries, operates as a multi-utility company in Italy. It operates through Networks, Waste Management, Energy, Market, and Other Services segments. The company produces and distributes electricity primarily from hydroelectric, thermoelectric, cogeneration, and other renewables, as well as distributes natural gas. It distributes electrical energy through 7,872 kilometers of medium and low voltage networks to approximately 729,000 connected users; and natural gas through its network of approximately 8,160 kilomete... [Read more]

Sector Utilities
CEO Gianluca Bufo
Employees 11,600
Stock Exchange Borsa Italiana
Ticker Symbol IRE
Full Company Profile

Financial Performance

In 2025, Iren SpA's revenue was 6.52 billion, an increase of 8.44% compared to the previous year's 6.01 billion. Earnings were 300.55 million, an increase of 11.95%.

Financial Statements

Analyst Summary

According to 5 analysts, the average rating for IRE stock is "Buy." The 12-month stock price target is €2.98, which is an increase of 12.11% from the latest price.

Price Target
€2.98
(12.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why IREN Limited Rallied Almost 40% in May

Iren announced first-quarter earnings, along with a new partnership with Nvidia.

7 hours ago - The Motley Fool

IREN Maintains by Macquarie -- Price Target Steady at $90

IREN Maintains by Macquarie -- Price Target Steady at $90

22 hours ago - GuruFocus

IREN Maintained by B. Riley Securities -- Price Target Raised to $96

IREN Maintained by B. Riley Securities -- Price Target Raised to $96

23 hours ago - GuruFocus

IREN Maintained by Canaccord Genuity -- Price Target Raised to $79

IREN Maintained by Canaccord Genuity -- Price Target Raised to $79

1 day ago - GuruFocus

Iren (IREN) Secures Key Agreement for Major Data Center Project in Australia

Iren (IREN) Secures Key Agreement for Major Data Center Project in Australia

2 days ago - GuruFocus

IREN Surges On Australia Data Center Plans, Analyst Shifts Bitcoin Miner Targets

IREN expands its data center, AI operations to Australia with new deal. Bernstein shifts targets on three bitcoin miners. Bitcoin price slides.

2 days ago - Investor's Business Daily

IREN adds 4% premarket as company unveils 800MW Australian AI data center campus

The AI infrastructure firm secured a grid connection for a planned South Australian campus, with energization targeted for 2028.

2 days ago - CoinDesk

IREN Signs Major Transmission Agreement for 800MW Data Center Project

IREN Signs Major Transmission Agreement for 800MW Data Center Project

2 days ago - GuruFocus

IREN Secures $3.65B Financing for AI Cloud Expansion

IREN Secures $3.65B Financing for AI Cloud Expansion

4 days ago - GuruFocus

IREN to Enhance Network Architecture Using Nvidia Technology

IREN to Enhance Network Architecture Using Nvidia Technology

4 days ago - GuruFocus

Is Iren the Next Winner of Nvidia's Neocloud Spending Spree?

This deal has bolstered investors' enthusiasm for the data center operator.

4 days ago - The Motley Fool

Iren borrows billions to buy Nvidia chips for Microsoft data centre

The Australian-founded AI data centre operator sold bonds and secured loans to borrow $5 billion to buy Nvidia chips to provide computing capacity for a Texas data centre.

7 days ago - The Australian Financial Review

IREN Maintained by Cantor Fitzgerald -- Price Target Raised to $99

IREN Maintained by Cantor Fitzgerald -- Price Target Raised to $99

7 days ago - GuruFocus

Why IREN Stock Popped Today

The computing infrastructure provider is helping its customers build AI factories faster.

8 days ago - The Motley Fool

IREN Maintains by B. Riley Securities -- Price Target Raised to $88.00

IREN Maintains by B. Riley Securities -- Price Target Raised to $88.00

8 days ago - GuruFocus

IREN Secures $1.6 Billion Deal with Dell for AI Infrastructure

IREN Secures $1.6 Billion Deal with Dell for AI Infrastructure

9 days ago - GuruFocus

IREN Stock Jumps After Massive $1.6 Billion Dell AI Deal

IREN Stock Jumps After Massive $1.6 Billion Dell AI Deal

9 days ago - GuruFocus

IREN Stock Jumps On $1.6 Bil Dell Deal To Accelerate AI Deployment

IREN agrees to $1.6 billion deal with Dell Technologies to buy Nvidia Blackwell systems for its AI data center sites. Shares surge.

9 days ago - Investor's Business Daily

IREN Signs $1.6 Billion Dell Deal

IREN Signs $1.6 Billion Dell Deal

9 days ago - GuruFocus

IREN shares jumps on $1.6 billion Dell deal to expand AI cloud business

The Dell agreement will support IREN’s expanding AI cloud business and boost projected annualized revenue to $4.4 billion by 2027.

9 days ago - CoinDesk

IREN Secures $1.6 Billion Deal for NVIDIA Blackwell Systems

IREN Secures $1.6 Billion Deal for NVIDIA Blackwell Systems

9 days ago - GuruFocus

IREN Secures $1.6B Deal with Dell for AI Expansion

IREN Secures $1.6B Deal with Dell for AI Expansion

9 days ago - GuruFocus

Dan Roberts wants you to know how much he loved meeting Nvidia’s CEO

The unplanned encounter between Iren’s co-founder and Jensen Huang was evidently deemed a far better look than the firm’s unexpected clash of drones at Vivid.

9 days ago - The Australian Financial Review

Is Iren Stock Still a Buy After Its 500% Rally?

Iren's newest deal could reshape the company's future, but after a 500% rally, investors need to decide whether this AI infrastructure stock is still early or already overheated.

11 days ago - The Motley Fool

IREN co-founder says AI’s biggest bottleneck is infrastructure, not chips

Dan Roberts outlines IREN’s strategy to build a vertically integrated AI platform spanning power, data centers, GPUs and enterprise software.

14 days ago - CoinDesk