IREN Limited (IREN)

NASDAQ: IREN · Real-Time Price · USD
41.74
+3.10 (8.02%)
Sep 22, 2025, 3:46 PM EDT - Market open
8.02%
Market Cap11.35B
Revenue (ttm)501.02M
Net Income (ttm)86.94M
Shares Out 271.98M
EPS (ttm)0.39
PE Ratio107.08
Forward PE40.28
Dividendn/a
Ex-Dividend Daten/a
Volume43,196,831
Open41.39
Previous Close38.64
Day's Range39.65 - 42.93
52-Week Range5.13 - 42.93
Beta4.04
AnalystsStrong Buy
Price Target30.38 (-27.22%)
Earnings DateAug 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. The company grid-connected facilities are purpose-built for the power-dense computing applications. 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 Novembe... [Read more]

Sector Financials
IPO Date Nov 17, 2021
Employees 257
Stock Exchange NASDAQ
Ticker Symbol IREN
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 10 analysts, the average rating for IREN stock is "Strong Buy." The 12-month stock price target is $30.38, which is a decrease of -27.22% from the latest price.

Price Target
$30.38
(-27.22% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 ...

3 hours ago - Seeking Alpha

More companies adopt co-CEO structure

Enterprise software maker Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was named vice chair of the board after 11 years at the helm.

Other symbols: KKRLENMCRBNFLXORCLSBET
3 hours ago - Reuters

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...

8 hours ago - GlobeNewsWire

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.

Other symbols: GOOGGOOGLMSFTNBIS
7 days ago - Schwab Network

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...

Other symbols: OPENRKTWULF
10 days ago - Schwab Network

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,...

13 days ago - Invezz

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.

14 days ago - GlobeNewsWire

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.

14 days ago - GlobeNewsWire

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 ...

15 days ago - Seeking Alpha

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.

Other symbols: CIFRDEFTETHA
18 days ago - Benzinga

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...

18 days ago - Seeking Alpha

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...

19 days ago - Seeking Alpha

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...

19 days ago - Seeking Alpha

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...

20 days ago - Forbes

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 ...

23 days ago - Schwab Network

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 ...

24 days ago - Seeking Alpha

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.

24 days ago - Barrons

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...

24 days ago - Seeking Alpha

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.

Other symbols: NVDA
24 days ago - Benzinga

IREN Reports Full Year FY25 Results

Record Earnings and Profitability Expansion to 10.9k GPUs & $200-250m AI Cloud Annualized Revenue by Dec 2025 1 GPU Financing & NVIDIA Preferred Partner Status Secured New Liquid-Cooled GB300 NVL72 De...

24 days ago - GlobeNewsWire

IREN Expands AI Cloud to 10.9k GPUs, with NVIDIA Preferred Partner Status and Additional Financing Secured

NEW YORK, Aug. 28, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has secured NVIDIA Preferred Partner status and procured an additional 1.2k air-cooled NVIDIA B300s ...

24 days ago - GlobeNewsWire

IREN: Power, Cash Flow, Flexibility, Give It Leverage Over The Neo-Cloud Industry

I see IREN as a high-upside, favorable risk/reward play in AI and HPC, similar to early SuperMicro, with >100% upside potential. IREN's unique advantages—massive low-cost power contracts, strong cash ...

26 days ago - Seeking Alpha

IREN Purchases 4.2k NVIDIA Blackwell GPUs & Secures Financing - AI Cloud Expanded to 8.5k GPUs

NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has procured an additional 4.2k NVIDIA Blackwell B200 GPUs, which doubles IREN's total GPU fleet to ...

4 weeks ago - GlobeNewsWire

IREN: From Mining To Data Centers

IREN Limited uniquely combines high-margin Bitcoin mining with a strategic shift into green AI data centers, driving impressive 128% YoY growth. Ultra-low energy costs (3.3¢/kWh) provide a major compe...

4 weeks ago - Seeking Alpha

IREN to Release FY25 Results on August 28, 2025

NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) ("IREN") today announced that it will release its financial results for the fiscal year ended June 30, 2025, on Thursday, August...

5 weeks ago - GlobeNewsWire