IREN Limited (IREN)
| Market Cap | 14.70B +412.1% |
| Revenue (ttm) | 757.07M +104.8% |
| Net Income | 158.05M |
| EPS | 0.54 |
| Shares Out | 357.38M |
| PE Ratio | 75.73 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 30,166,643 |
| Open | 42.61 |
| Previous Close | 41.72 |
| Day's Range | 39.97 - 42.61 |
| 52-Week Range | 14.72 - 76.87 |
| Beta | 4.28 |
| Analysts | Buy |
| Price Target | 80.93 (+96.72%) |
| Earnings Date | Aug 27, 2026 |
About IREN
IREN Limited operates in the vertically integrated data center business in Australia and Canada. The company owns and operates computing hardware, as well as electrical infrastructure and data centers. 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. The company was incorporated in 2018 and is based in Sydney, Australia... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 16 analysts, the average rating for IREN stock is "Buy." The 12-month stock price target is $80.93, which is an increase of 96.72% from the latest price.
News
IREN Defies Call to Sell the Stock over ‘Pressure on GPU Rental Pricing’
Shares in IREN Limited ($IREN), the Australian AI cloud company, edged higher on Friday afternoon. This came even though JPMorgan ($JPM) reaffirmed its Sell rating on the company, citing “pressure…
IREN Stock Drops as Chair Defends Stock Award to Co-Founders
Australian AI cloud company IREN Limited’s ($IREN) shares edged lower on Thursday morning. This came after IREN’s chair defended the decision to grant 9.1 million restricted stock unit (RSU) awards to...
IREN Limited Proxy statement: Proxy filing
IREN Limited filed a proxy statement on July 9, 2026, providing details for shareholder voting and corporate governance matters.
CRWV, NBIS, IREN: Why Neocloud Stocks Bounced Back on 7/8/26
Shares in neocloud companies CoreWeave ($CRWV), Nebius ($NBIS), and IREN Limited ($IREN) jumped on Wednesday after starting the session on the back foot. The shares rose further early Thursday. This…
CRWV, NBIS, IREN: Why Neocloud Stocks Are Falling in Pre-Market, 7/8/26
Shares in neocloud companies CoreWeave ($CRWV), Nebius ($NBIS), and IREN Limited ($IREN) tumbled on Tuesday. They were still dropping in Wednesday’s pre-market session. This follows profit-taking in A...
IREN Stock Soars as Analyst Says Buy the Dip
Shares in Australian AI cloud company IREN Limited ($IREN) closed more than 13% higher in Monday’s regular session. The stock had risen pre-market on speculation of a possible deal with…
It's not just Terawulf, IREN shares are soaring because of Anthropic too
All eyes are on Terawulf (WULF) shares this morning after the digital infrastructure firm revealed a monumental $19 billion contracted revenue deal with Anthropic. But it's not all about WULF only; ne...
Iren upgraded to Buy at Freedom Capital after pullback
As previously reported, Freedom Capital upgraded Iren (IREN) to Buy from Hold with an unchanged price target of $58. Shares have fallen with those of peers, which means that now…
Iren upgraded to Buy from Hold at Freedom Capital
Freedom Capital upgraded Iren (IREN) to Buy from Hold.
Why Is IREN Stock Rising in Pre-Market Today — July 6, 2026?
IREN Limited’s ($IREN) shares have been in the red over the past two weeks and have dropped by more than 20% over the last five trading days. However, the stock…
IREN Stock Is Down 28% in 5 Days. Why Analysts Forecast 100%+ Upside
Shares in IREN Limited ($IREN) dropped by over 10% on Thursday and have shed about 28% over the past five days alone. However, Wall Street analysts remain primarily bullish on…
IREN stock is crashing and it's not entirely about the Meta threat
IREN stock is crashing this morning, and the sell-off is being attributed primarily to Meta Platforms' reported plans to launch a commercial cloud infrastructure business. But a deeper dive reveals th...
Iren names Kambiz Aghili as CPO, Michael Nudelman as CDO
Iren (IREN) announced the appointment of Kambiz Aghili as chief product officer, or CPO, and Michael Nudelman as chief development officer, or CDO. As chief product officer, Aghili will lead…
IREN Appoints Chief Product Officer and Chief Development Officer
NEW YORK, July 02, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the appointment of Kambiz Aghili as Chief Product Officer and Michael Nudelman as Chief Development Off...
AI Data Center Stock IREN Approaches A Historically Bullish Setup
Shares of AI data center giant IREN (IREN) are moving 3.9% lower at $43.94 this afternoon, pulling back as a choppy tech sector weighs on investors. Despite the blockchain specialist's debut on the Ru...
History: Buy This AI Data Center Stock Now
Shares of AI data center giant IREN (IREN) are moving 3.9% lower at $43.94 this afternoon, pulling back as a choppy tech sector weighs on investors. Despite the blockchain specialist's debut on the Ru...
Trump Surpasses All U.S. Crypto Firms with $1.4 Billion in Digital Asset Gains
President Trump’s 2025 financial disclosure form revealed at least $1.4 billion in crypto earnings. That figure outpaced all publicly traded U.S. crypto firms, including Coinbase ($COIN), IREN ($IREN)...
IREN Stock Slips as Analyst Says Firm ‘Is Behind in Building an Enterprise Business’
IREN Limited’s ($IREN) shares dropped about 5% on Wednesday afternoon. This came after Bernstein ($AB), in a new research report, noted that the Australian AI cloud company “is behind on…
CRWV, NBIS, IREN: Why Neocloud Stocks Are Plunging Today, 7/1/26
Shares in neocloud companies CoreWeave ($CRWV), Nebius ($NBIS), and IREN ($IREN) tumbled on Wednesday morning. This came after they were hit by a double blow: news of Meta’s ($META) plan…
IREN Added to Russell 1000 Index
NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced that it has been added to the Russell 1000 Index effective after market close on June 26, following the...
IREN Completes Acquisition of Nostrum Group Expanding AI Cloud Platform to Europe
NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has completed the acquisition of Ingenostrum, S.L. (Nostrum Group), a developer of grid-connected AI...
Bitcoin set to slump to new lows for 2026 after recent sell-off, traders forecast
Bitcoin prices fell this week after cryptocurrency treasury company Strategy revealed it sold a small amount of its bitcoin holding. Traders on prediction market Kalshi think it's likely that the cryp...
IREN Announces First Australian Data Center Campus - 800MW in South Australia
NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the signing of a transmission connection agreement to support a planned 800MW data center campus in Bun...

