Iren SpA (BIT:IRE)

Italy flag Italy · Delayed Price · Currency is EUR
2.528
-0.032 (-1.25%)
Jul 20, 2026, 5:35 PM CET
Market Cap3.24B -0.3%
Revenue (ttm)6.24B -4.5%
Net Income293.70M +5.5%
EPS0.22 +3.6%
Shares Out 1.28B
PE Ratio11.25
Forward PE10.52
Dividend0.14 (5.48%)
Ex-Dividend DateJun 22, 2026
Volume790,803
Open2.560
Previous Close2.560
Day's Range2.518 - 2.562
52-Week Range2.250 - 2.868
Beta0.80
AnalystsBuy
Price Target2.98 (+17.88%)
Earnings DateJul 30, 2026

About Iren SpA

Iren SpA, together with its subsidiaries, operates as a multi-utility company in Italy. The company produces and distributes electricity from hydroelectric, thermoelectric, cogeneration, and other renewables, as well as distributes natural gas. It distributes electrical energy through 7,939 kilometers of medium and low voltage networks to approximately 734,000 connected users; and natural gas through its network of approximately 9,578 kilometers of high, medium, and low‐pressure pipes to approximately 934,000 customers. The company also operate... [Read more]

Sector Utilities
CEO Gianluca Bufo
Employees 11,578
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 17.88% from the latest price.

Price Target
€2.98
(17.88% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Iren’s stock surges as the neocloud lands $2.8 billion worth of new deals

The AI infrastructure provider is easing anxiety over high data-center build-out costs as it secures new customers and prepayments for chips.

14 hours ago - MarketWatch

Stocks making the biggest moves midday: AMD, Archer Aviation, SpaceX, Iren & more

These are the stocks posting the largest moves in midday trading.

14 hours ago - CNBC

Why Iren Stock Is Soaring Today

Demand for AI cloud services continues to grow.

14 hours ago - The Motley Fool

IREN Stock Jumps 17% After Company Raises Its AI Cloud Revenue Target to Above $4 Billion for 2026

IREN Limited's stock surged 17% after the company raised its year-end revenue target to over $4 billion, driven by new multiyear AI cloud contracts, reversing a recent losing streak.

14 hours ago - International Business Times (Australia)

IREN jumps 16% after raising AI cloud revenue target above $4B

The Bitcoin miner raised its year-end AI cloud revenue target to more than $4 billion after signing $2.8 billion in new contracts with AI developers. Bitcoin miner IREN’s shares rose around 15.7% on M...

14 hours ago - Cointelegraph

IREN Lifts Revenue Target on $2.8 Billion Contract Haul

IREN Lifts Revenue Target on $2.8 Billion Contract Haul

15 hours ago - GuruFocus

IREN Lifts AI Cloud Revenue Target, Hut 8 Lands $9.8 Billion Deal.

IREN lifts cloud revenue forecast, as it upgrades contracts with AI leaders. Hut 8 lands a new $9.8 billion deal, with room to grow.

17 hours ago - Investor's Business Daily

IREN Signs $2.8B Cloud Contracts, Raises AI Cloud Revenue Target

IREN Signs $2.8B Cloud Contracts, Raises AI Cloud Revenue Target

17 hours ago - GuruFocus

Iren (IREN) Shares Rise 10% on $2.8B Contract Announcement

Iren (IREN) Shares Rise 10% on $2.8B Contract Announcement

17 hours ago - GuruFocus

Iren (IREN) Ups Revenue Target for AI Cloud Services

Iren (IREN) Ups Revenue Target for AI Cloud Services

17 hours ago - GuruFocus

IREN Is Entering a New Growth Phase. Here's Why It Matters.

IREN's AI pivot could reshape its future, but the stock's biggest opportunity also comes with a major execution test.

10 days ago - The Motley Fool

Why Penguin Solutions May Be the Smartest AI Infrastructure Stock

While not technically a pure-play GPU-as-a-Service or neocloud operator, Penguin Solutions (NASDAQ: PENG) is essentially in the same business as Nebius (NASDAQ: NBIS), Iren (NASDAQ: IREN), and Applied...

12 days ago - Nasdaq

New Position: TTRF Capital Initiates IREN Stake With 66,800 Shares

Fund bets on data center and Bitcoin mining operator as portfolio outperforms S&P 500 by 141 percentage points.

13 days ago - The Motley Fool

IREN stock jumps on analyst upgrade, sees nearly 50% upside

IREN stock jumps on analyst upgrade, sees nearly 50% upside

13 days ago - GuruFocus

IREN Upgraded by Freedom Broker -- Price Target Announced at $58

IREN Upgraded by Freedom Broker -- Price Target Announced at $58

14 days ago - GuruFocus

Forget Nvidia: This Infrastructure Upstart Is The Real Backdoor AI Winner

IREN's bold transformation from a Bitcoin miner to an AI infrastructure company is paying off.

17 days ago - The Motley Fool

Iren (IREN) Appoints New Chief Product and Development Officers

Iren (IREN) Appoints New Chief Product and Development Officers

18 days ago - GuruFocus

Does Iren's Golden State Warriors Partnership Make Any Sense?

This deal could be a masterstroke, but investors need more clarity on the company's direction.

18 days ago - The Motley Fool

IREN: AI Infrastructure Provider Poised for Growth with Major Contracts

IREN: AI Infrastructure Provider Poised for Growth with Major Contracts

19 days ago - GuruFocus

IREN Joins Russell 1000 Index Amid Changes in Reconstitution Schedule

IREN Joins Russell 1000 Index Amid Changes in Reconstitution Schedule

21 days ago - GuruFocus

Iren (IREN) Joins Russell 1000 Index Following Reconstitution

Iren (IREN) Joins Russell 1000 Index Following Reconstitution

21 days ago - GuruFocus

IREN Initiates Coverage On Jefferies -- Price Target Announced at $79.00

IREN Initiates Coverage On Jefferies -- Price Target Announced at $79.00

4 weeks ago - GuruFocus

An Ex-OpenAI Researcher With $20 Billion Just Built a Neocloud Trifecta: Here Are the 3 Stocks He's Buying.

Leopold Aschenbrenner's fund holds big stakes in Nebius, CoreWeave, and IREN.

4 weeks ago - The Motley Fool

Bitcoin miners need billions to fund AI ambitions, led by IREN’s $21B gap

IREN leads public Bitcoin miners with a projected $21.1 billion AI infrastructure funding gap, underscoring the capital-intensive nature of converting mining sites into data centers.

4 weeks ago - Cointelegraph

Iren (IREN) Receives Buy Rating with $79 Target from Jefferies

Iren (IREN) Receives Buy Rating with $79 Target from Jefferies

4 weeks ago - GuruFocus