IREN Limited (IREN)
| Market Cap | 19.01B +84.4% |
| Revenue (ttm) | 707.01M +41.1% |
| Net Income | -702.62M |
| EPS | -2.22 |
| Shares Out | 394.06M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 17,992,127 |
| Open | 46.98 |
| Previous Close | 47.23 |
| Day's Range | 46.83 - 49.35 |
| 52-Week Range | 28.93 - 76.87 |
| Beta | 4.28 |
| Analysts | Strong Buy |
| Price Target | 79.03 (+63.83%) |
| Earnings Date | Nov 5, 2026 |
About IREN
IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate data centers, including the associated land, grid connections, and substations, as well as buildings and cooling. The company also owns and operates compute layers, such as GPUs, CPUs, storage, servers, and networking deployed within that data center infrastructure; and software layers comprising managed services and enterprise support that enables customers to deploy, operate, and manage AI workloads. In addition,... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 17 analysts, the average rating for IREN stock is "Strong Buy." The 12-month stock price target is $79.03, which is an increase of 63.83% from the latest price.
News
IREN Shows Signs of Pricing Power, but Caution Is Warranted
IREN Limited ($IREN) shows signs of pricing power as demand for artificial intelligence (AI) computing continues to rise. The signal comes from its neocloud peer Nebius Group N.V. ($NBIS), which…
Neocloud Stocks CoreWeave, Nebius, and IREN Fall Amid GPU Pricing Concerns
Shares in neocloud companies CoreWeave ($CRWV), Nebius ($NBIS), and IREN Limited ($IREN) all traded in the red during Tuesday’s pre-market. This came after Rothschild Redburn analyst Alexander Haissl ...
IREN Stock Pops Even as Rothschild Sees 15% Downside Risk, Says Hold — Here’s Why
Shares in AI cloud firm IREN Limited ($IREN) rose 3% to about $48 on Monday morning. This came even after Rothschild & Co. Redburn analyst Alexander Haissl opened coverage of…
Iren initiated with a Neutral at Rothschild & Co Redburn
Rothschild & Co Redburn analyst Alex Haissl initiated coverage of Iren (IREN) with a Neutral rating and $40 price target While the equity narrative across the generative AI infrastructure “remains…
IREN Stock Pops as Northland Says Buy; 5-Star Analyst Sees Key AI Market Reaching $4 Trillion
Shares in AI cloud firm IREN Limited ($IREN) rose by 3% to around $45 on Friday afternoon. This coincides with a new Buy rating from Nehal Chokshi, a five-star analyst…
Northland starts four new neocloud names at Outperform
As previously reported, Northland initiated coverage of Boost Run (BRUN), Iren (IREN), ChronoScale (CHRN) and SharonAI (SHAZ), all with Outperform ratings and respective price targets of $36, $99, $32...
Iren initiated with an Outperform at Northland
Northland analyst Nehal Chokshi initiated coverage of Iren (IREN) with an Outperform rating and $99 price target
Why Are CoreWeave, NBIS, and IREN Rising in Premarket Trading on September 16?
Shares of neocloud companies CoreWeave ($CRWV), Nebius Group ($NBIS), and IREN Limited ($IREN) were rebounding in premarket trading on Wednesday, September 16, after a sharp sell-off in AI-related sto...
IREN Stock Falls Even as BTIG Says Buy, Praises Rare 5 GW of Potential Power Portfolio
IREN Limited ($IREN) shares fell by 2% to nearly $43 per share on Monday morning. The fall came even as BTIG’s five-star analyst Gregory Lewis reaffirmed his Buy rating on…
Monday's First Moves: IREN Double Upgrade, COIN New Bull, HPE Downgrade
Analyst upgrades and downgrades take Diane King Hall's attention to start a volatile trading week. She explains why JPMorgan is double upgrading IREN (IREN) while Evercore ISI is downgrading HPE (HPE)...
Neocloud Stocks Plunge on AI Safety Fears. Here’s Why CoreWeave (CRWV) Is Hardest Hit
Shares in neocloud companies CoreWeave ($CRWV), Nebius ($NBIS), and IREN Limited ($IREN) sold off during Monday’s pre-market session. The sell-off came as U.S. tech leaders, over the weekend, backed a...
IREN, Nebius, CoreWeave: Here's why these neocloud stocks are falling
Top neocloud companies have dropped sharply this year, even as their revenue growth continues. CoreWeave, the pioneer of the industry, slipped to $87, down sharply from its all-time high of $186.
IREN Stock Sinks Despite JPMorgan’s Double Upgrade; Firm Hailed as a ‘Formidable Neocloud’
Shares in IREN Limited ($IREN) fell by 4% to around $42 per share even after JPMorgan analyst Richard Choe double-upgraded the stock from Sell to Buy. Choe also lifted his…
Iren Stock Receives Double Upgrade to Buy. Why the AI Opportunity Underpins 48% Upside View.
Iren stock is double upgraded and J.P. Morgan sees 48% with business momentum continuing for the burgeoning neocloud company.
JPMorgan double upgrades Iren to Overweight on deal momentum
JPMorgan analyst Richard Choe double upgraded Iren (IREN) to Overweight from Underweight with a price target of $65, up from $46. Iren is establishing itself as a “top tier” neocloud…
Iren upgraded to Overweight from Underweight at JPMorgan
JPMorgan upgraded Iren (IREN) to Overweight from Underweight with a price target of $65, up from $46.
IREN's 2GW Sweetwater Hub Included as Base Load in ERCOT Batch Zero
NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced that its 2GW Sweetwater Hub (Sweetwater 1 and Sweetwater 2) has been conditionally included in the Ele...
BLUE OWL MANAGED FUNDS LEAD $2.4 BILLION AI FACTORY FINANCING FOR IREN
Financing for NVIDIA AI Infrastructure deployment draws on Blue Owl's digital infrastructure operating and underwriting experience NEW YORK, Aug. 28, 2026 /PRNewswire/ -- Blue Owl Capital Inc. (NYSE: ...
IREN stock falls as the Nvidia-backed neocloud company hits a key milestone
IREN stock retreated by over 6% in the premarket session as investors reacted to its financial results. It slipped to $38, down sharply from the year-to-date high of $70.60.
This Bitcoin Miner Sees AI Cloud Revenue Grow 110%. Why the Earnings Selloff Could Be a Time to Buy.
Iren, which has moved to the AI compute business from Bitcoin miner, is falling on earnings but it could be a buying opportunity, according to one Wall Street firm.
IREN Limited Earnings Call Transcript: Q4 2026
Contracted $4B ARR for FY26 with $1B operating, driven by strong AI Cloud demand and major customer wins. Secured $19B in funding, guiding $25–$30B FY27 CapEx, and expanding globally with a multi-gigawatt pipeline. Contract pricing and prepayments are rising, supporting capital efficiency.
IREN Limited Earnings release: Q4 2026
IREN Limited released its Q4 2026 earnings on August 27, 2026, summarizing the period's financial results.
IREN Limited Annual report: Q4 2026
IREN Limited has published its Q4 2026 annual report on August 27, 2026.
IREN Limited Slides: Q4 2026
IREN Limited has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on August 27, 2026.
IREN Reports FY26 Results
New Multi-Year Contract with Leading Frontier AI Lab $4bn Contracted ARR for 2026 Capacity; $1bn Operating ARR Today 1, 2 $2.8bn GPU Financings Fund 90% of Associated GPU Capex