Iren SpA (BIT:IRE)
| Market Cap | 3.41B +0.8% |
| Revenue (ttm) | 6.24B -4.4% |
| Net Income | 293.70M +5.4% |
| EPS | 0.22 +3.5% |
| Shares Out | 1.28B |
| PE Ratio | 11.83 |
| Forward PE | 11.06 |
| Dividend | 0.14 (5.36%) |
| Ex-Dividend Date | Jun 22, 2026 |
| Volume | 1,940,336 |
| Open | 2.614 |
| Previous Close | 2.588 |
| Day's Range | 2.606 - 2.664 |
| 52-Week Range | 2.250 - 2.868 |
| Beta | 0.81 |
| Analysts | Buy |
| Price Target | 2.98 (+12.11%) |
| Earnings Date | May 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]
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 StatementsAnalyst 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.
News
Why IREN Limited Rallied Almost 40% in May
Iren announced first-quarter earnings, along with a new partnership with Nvidia.
IREN Maintains by Macquarie -- Price Target Steady at $90
IREN Maintains by Macquarie -- Price Target Steady at $90
IREN Maintained by B. Riley Securities -- Price Target Raised to $96
IREN Maintained by B. Riley Securities -- Price Target Raised to $96
IREN Maintained by Canaccord Genuity -- Price Target Raised to $79
IREN Maintained by Canaccord Genuity -- Price Target Raised to $79
Iren (IREN) Secures Key Agreement for Major Data Center Project in Australia
Iren (IREN) Secures Key Agreement for Major Data Center Project in Australia
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.
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.
IREN Signs Major Transmission Agreement for 800MW Data Center Project
IREN Signs Major Transmission Agreement for 800MW Data Center Project
IREN Secures $3.65B Financing for AI Cloud Expansion
IREN Secures $3.65B Financing for AI Cloud Expansion
IREN to Enhance Network Architecture Using Nvidia Technology
IREN to Enhance Network Architecture Using Nvidia Technology
Is Iren the Next Winner of Nvidia's Neocloud Spending Spree?
This deal has bolstered investors' enthusiasm for the data center operator.
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.
IREN Maintained by Cantor Fitzgerald -- Price Target Raised to $99
IREN Maintained by Cantor Fitzgerald -- Price Target Raised to $99
Why IREN Stock Popped Today
The computing infrastructure provider is helping its customers build AI factories faster.
IREN Maintains by B. Riley Securities -- Price Target Raised to $88.00
IREN Maintains by B. Riley Securities -- Price Target Raised to $88.00
IREN Secures $1.6 Billion Deal with Dell for AI Infrastructure
IREN Secures $1.6 Billion Deal with Dell for AI Infrastructure
IREN Stock Jumps After Massive $1.6 Billion Dell AI Deal
IREN Stock Jumps After Massive $1.6 Billion Dell AI Deal
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.
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.
IREN Secures $1.6 Billion Deal for NVIDIA Blackwell Systems
IREN Secures $1.6 Billion Deal for NVIDIA Blackwell Systems
IREN Secures $1.6B Deal with Dell for AI Expansion
IREN Secures $1.6B Deal with Dell for AI Expansion
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.
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.
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.