IREN Limited (IREN)
| Market Cap | 12.49B |
| Revenue (ttm) | 501.02M |
| Net Income (ttm) | 86.94M |
| Shares Out | 271.98M |
| EPS (ttm) | 0.39 |
| PE Ratio | 117.77 |
| Forward PE | 46.76 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 36,989,175 |
| Open | 43.63 |
| Previous Close | 41.86 |
| Day's Range | 43.21 - 46.22 |
| 52-Week Range | 5.13 - 49.39 |
| Beta | 4.04 |
| Analysts | Buy |
| Price Target | 42.63 (-7.18%) |
| Earnings Date | Aug 28, 2025 |
About IREN
IREN Limited operates in the vertically integrated data center business. It owns and operates data centers powered by renewable energy in Australia, the United States, and Canada. 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. IREN Limited was incorporated in 2018 and is based in Sydney, Australia. [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 10 analysts, the average rating for IREN stock is "Buy." The 12-month stock price target is $42.63, which is a decrease of -7.18% from the latest price.
News
IREN Timed Its AI Pivot To Perfection
IREN Limited is well-positioned after pivoting from crypto mining to AI cloud services, leveraging its substantial GPU infrastructure. The crypto miner's AI business is rapidly scaling, with managemen...
IREN's Bull Run Faces Its Next Test
IREN's stock is up 380% year-to-date, with an additional 80% gain since prior coverage, reflecting massive AI-driven momentum. The company purchased $674 million in Nvidia and AMD GPUs, doubling its f...
IREN: From Bitcoin Powerhouse To AI Cloud Contender
IREN (Iris Energy) is rapidly scaling as both a top-tier bitcoin miner and a credible AI cloud infrastructure provider. IREN's AI cloud business is gaining momentum, with NVIDIA Preferred Partner stat...
Here's why the soaring IREN stock price may crash soon
The IREN stock price has gone parabolic this year, moving from a low of $5.17 in April to $47 today. This surge has pushed its market capitalization from about $1 billion to over $12.7 billion.
IREN: Bitcoin Miner With AI Ambitions
IREN is now focusing on building on top of its Bitcoin mining core revenues with AI infrastructure. They're targeting over $500 million in AI Cloud ARR by Q1 2026. For now, Bitcoin mining remains thei...
IREN Stock Gains 510%—Is More Upside Possible?
IREN Limited IREN shares have skyrocketed an extraordinary 510% over the past six months, prompting investors to ask whether there is still more upside ahead.
IREN: Doubled AI GPUs, Revenue Is Next
IREN Limited doubled its AI GPU fleet to 23,000 GPUs, more than doubling its target of 10,900 by year's end. IREN's expansion primarily leverages Blackwell series Nvidia GPUs giving it a pricing edge ...
IREN Doubles AI Cloud to 23k GPUs, Raises AI Cloud ARR Target to >$500m
NEW YORK, Sept. 22, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has doubled its AI Cloud capacity to 23k GPUs following the procurement of an additional 12.4k GPUs...
Building "A.I. Economy:" GOOGL, MSFT & Other "Stage 2" Winners
Kim Forrest believes A.I. investors had their expectations set too high when it came to the evolving tech.
The Big 4: OPEN, RKT, WULF, IREN
@Stockstotrade's Tim Bohen breaks the format of the Big 3 and gives us four stocks he believes investors need to watch. He says Opendoor (OPEN) still holds potential on a pullback despite its paraboli...
IREN stock price forecast: is it a good AI infrastructure play?
IREN stock price has been in a strong bull run in the past few months, moving from a low of $5.17 in April to nearly $30 today. Its market capitalization has jumped from $1.1 billion to $7.25 billion,...
IREN Appoints Anthony Lewis as Chief Financial Officer
NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN” or “the Company”) today announced the appointment of Anthony Lewis as Chief Financial Officer.
IREN August 2025 Monthly Update
NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries “IREN” or “the Company”) today published its monthly update for August 2025.
How IREN Is Fueling The AI Boom
IREN operates a 50 EH/s Bitcoin mining fleet with 810 MW of data center capacity and $501M FY25 revenue. The company secured ~2.9 GW contracted renewable power capacity, providing a structural growth ...
Looking For The Next Opendoor? Try These 5 Stocks Eric Jackson Holds
Eric Jackson, founder of EMJ Capital, is known for his bullish view on Opendoor Technologies, Inc. OPEN which he has targeted as a potential “100-bagger,” projecting targets as high as $82 per share.
IREN Limited: When The AI Bubble Pops, Winner Takes All
IREN just posted record profits while quietly amassing one of the largest GPU fleets in the industry - is this Bitcoin miner the AI market's dark horse? With crypto cash funding AI infrastructure, doe...
IREN: My New Favorite Crypto/AI Play
IREN Limited's AI pivot is accelerating, with a target of $200–$250 million in annualized AI Cloud revenue by December, driven by 10,900 Nvidia GPUs. Recent results were stellar: Q4 revenue hit $187.3...
IREN: Major Inflection Point
IREN deserves a buy rating, given its strong revenue and improving profitability profile. The firm's Q4 2025 revenues surged 255% Y/Y, and IREN reported a positive quarter in terms of net income. Hype...
How IREN Stock Can Double To $50?
IREN Limited has evolved from a pure Bitcoin miner into a diversified AI cloud infrastructure player, posting over 150% year-to-date returns. With Bitcoin around $110,000 (+18% YTD) and IREN's pivot t...
IREN (IREN) Hits Record High on AI Cloud Expansion & Blowout Earnings
IREN (IREN) shares surged to a record high after the company reported blowout earnings and announced a major expansion of its AI cloud business. Daniel Roberts discusses the results and the company's ...
IREN Q4 Earnings Review: Growth And Profit Matter
IREN Limited delivered its first full-year profit, driven by explosive Bitcoin mining revenue and operational scaling, signaling a key milestone for the company. The company is pausing Bitcoin mining ...
IREN Stock Is Climbing 21%. Here's How Nvidia Is Playing a Part.
The data-center company announces it is investing another $168 million in Nvidia chips.
IREN Limited (IREN) Q4 2025 Earnings Call Transcript
IREN Limited (NASDAQ:IREN) Q4 2025 Earnings Conference Call August 28, 2025 5:00 PM ET Company Participants g - Corporate Participant Anthony John Lewis - Chief Capital Officer Belinda Nucifora - Chi...
IREN Stock Rallies After Strong Q4 Earnings Beat, NVIDIA Preferred Partner Status
IREN Limited IREN released its fourth-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter.