Iren SpA (BIT:IRE)

Italy flag Italy · Delayed Price · Currency is EUR
2.500
+0.052 (2.12%)
Jul 2, 2026, 5:35 PM CET
Market Cap3.14B -9.1%
Revenue (ttm)6.24B -4.5%
Net Income293.70M +5.5%
EPS0.22 +3.6%
Shares Out 1.28B
PE Ratio10.90
Forward PE10.18
Dividend0.14 (5.66%)
Ex-Dividend DateJun 22, 2026
Volume1,256,471
Open2.468
Previous Close2.448
Day's Range2.448 - 2.508
52-Week Range2.250 - 2.868
Beta0.81
AnalystsBuy
Price Target2.98 (+19.2%)
Earnings DateJul 30, 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 11,578
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 19.20% from the latest price.

Price Target
€2.98
(19.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

IREN: AI Infrastructure Provider Poised for Growth with Major Contracts

IREN: AI Infrastructure Provider Poised for Growth with Major Contracts

23 hours ago - GuruFocus

IREN Joins Russell 1000 Index Amid Changes in Reconstitution Schedule

IREN Joins Russell 1000 Index Amid Changes in Reconstitution Schedule

3 days ago - GuruFocus

Iren (IREN) Joins Russell 1000 Index Following Reconstitution

Iren (IREN) Joins Russell 1000 Index Following Reconstitution

3 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

14 days 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.

14 days 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.

14 days ago - Cointelegraph

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

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

14 days ago - GuruFocus

Bitcoin miner IREN enters Europe with Nostrum acquisition as AI pivot accelerates

The acquisition adds about 490 megawatts of secured power in Spain as IREN expands beyond Bitcoin mining and builds its European AI cloud platform.

16 days ago - Cointelegraph

Iren's Ability to Rapidly Scale Its Data Center Footprint Makes It a Long-Term Winner

Iren has doubled its gigawatt portfolio since the start of the year.

21 days ago - The Motley Fool

Massive News: Iren's $4.4 Billion AI Target Could Change Everything

Iren's AI cloud pivot could be massive, but the stock's rally leaves investors asking whether the upside still justifies the execution risk.

23 days ago - The Motley Fool

Why IREN Limited Rallied Almost 40% in May

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

27 days ago - The Motley Fool

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

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

4 weeks ago - GuruFocus

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

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

4 weeks ago - GuruFocus

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

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

4 weeks 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

4 weeks 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.

4 weeks 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.

4 weeks ago - CoinDesk

IREN Signs Major Transmission Agreement for 800MW Data Center Project

IREN Signs Major Transmission Agreement for 800MW Data Center Project

4 weeks ago - GuruFocus