IREN Limited (IREN)
| Market Cap | 2.16B |
| Revenue (ttm) | 377.82M |
| Net Income (ttm) | -35.67M |
| Shares Out | 241.87M |
| EPS (ttm) | -0.18 |
| PE Ratio | n/a |
| Forward PE | 9.44 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 14,214,271 |
| Open | 9.70 |
| Previous Close | 9.43 |
| Day's Range | 8.82 - 9.71 |
| 52-Week Range | 5.13 - 15.92 |
| Beta | 3.68 |
| Analysts | Strong Buy |
| Price Target | 19.20 (+114.53%) |
| Earnings Date | May 14, 2025 |
About IREN
IREN Limited owns and operates bitcoin mining data centers. It also provides high performance computing solutions, including Al cloud services. 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 headquartered in Sydney, Australia. [Read more]
Financial Performance
In 2024, IREN Limited's revenue was $188.76 million, an increase of 149.98% compared to the previous year's $75.51 million. Losses were -$28.96 million, -83.15% less than in 2023.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for IREN stock is "Strong Buy." The 12-month stock price forecast is $19.2, which is an increase of 114.53% from the latest price.
News
IREN May 2025 Monthly Update
SYDNEY, June 05, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for May 2025.
A Solid Quarter For IREN Limited, Q3 FY Earnings (Rating Upgrade)
IREN delivered strong Q3-25 results with 172% YoY revenue growth and expanding Bitcoin mining margins, achieving a $24.2 million quarterly profit. The company remains highly dependent on Bitcoin minin...
IREN Limited (IREN) Q3 2025 Earnings Call Transcript
IREN Limited (NASDAQ:IREN) Q3 2025 Earnings Conference Call May 14, 2025 5:00 PM ET Company Participants Mike Power - Director of Investor Relations Daniel Roberts - Co-Founder and Co-Chief Executive...
IREN Reports Q3 FY25 Results
28% Growth in Profit After Tax Horizon 1 AI Data Center on Track for H2 2025 Pausing Mining Expansion at 50 EH/s to Focus on AI Opportunities SYDNEY, May 14, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NAS...
IREN April 2025 Monthly Update
SYDNEY, May 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for April 2025.
IREN to Release Q3 FY25 Results on May 14, 2025
SYDNEY, May 02, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, "IREN") today announced that it will release its financial results for the three and nine-months e...
Bitcoin Is Booming, But Miners Like Riot, Iren, Hut 8, TeraWulf Are Flatlining
Bitcoin BTC/USD had a blowout April, rising 15% and closing near $94,300. But for a third straight month, miners with high-performance computing (HPC) ambitions — Iren Ltd IREN, Riot Platforms Inc RIO...
IREN capacity increased to 40 EH/s
SYDNEY, April 16, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN”), today provided an update on its Bitcoin mining expansion. “We're proud to have reached ...
IREN March 2025 Monthly Update
SYDNEY, April 04, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for March 2025.
IREN Business Update
Bitcoin Mining Expansion Paused at 52 EH/s Progressing Debt Financing Workstreams SYDNEY, March 31, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN”), today...
Undercovered ETFs: Managed Futures, India, Europe, Value +
The 'Undercovered' Dozen series highlights lesser-known ETFs featuring in-depth analyses and offering unique investment opportunities for investors. The Mount Lucas Managed Futures Index Strategy ETF,...
IREN Wasn't On My Radar, But It Should've Been
IREN Limited (IREN) is a Bitcoin miner and AI cloud provider, focusing on renewable energy to reduce costs and maintain profitability. Despite underperforming Bitcoin overall, IREN has gained over 50%...
IREN Secures 2.75GW for Data Centers in West Texas with New 600MW Grid Connection Agreement
SYDNEY, March 17, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN”), today announced the signing of a 600MW grid connection agreement for Sweetwater 2, adva...
Bitcoin Miners Ride The BTC Boom, But Costs Tell A Different Story: JPMorgan Analyst
Bitcoin BTC/USD miners just had one of their best quarters on record, but the real winners aren't just those mining the most coins – it's those keeping costs in check.
IREN February 2025 Monthly Update
SYDNEY, March 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for February 2025.
IREN Limited (IREN) Q2 2025 Earnings Call Transcript
IREN Limited (NASDAQ:IREN) Q2 2025 Earnings Conference Call February 12, 2025 5:00 PM ET Company Participants Lincoln Tan - Director of IR Daniel Roberts - Co-Founder and Co-CEO Belinda Nucifora - CF...
IREN Reports Q2 FY25 Results
Record Revenue, $53.7m Operating Cashflow, $18.9m NPAT 75MW Liquid-Cooled Childress Data Center for AI / HPC (“Horizon 1”) Developing New 600MW Sweetwater 2 Site SYDNEY, Feb. 12, 2025 (GLOBE NEWSWIRE)...
IREN January 2025 Monthly Update
SYDNEY, Feb. 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for January 2025.
IREN to Release Q2 FY25 Results on February 12, 2025
SYDNEY, Feb. 03, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, "IREN") today announced that it will release its financial results for the three and six-months e...
Bitcoin miners try to rebound from choppy market
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the mixed recovery for bitcoin miners.
Cantor Fitzgerald's Brett Knoblauch on how Stargate could be a bullish opportunity for crypto miners
Brett Knoblauch, Cantor Fitzgerald head of digital asset research, joins 'Power Lunch' to discuss the energy needed to power AI in Stargate deal and the winners from it.
IREN December 2024 Monthly Update
SYDNEY, Jan. 07, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for December 2024.
Bitcoin, crypto stocks slide after post-election rally
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the slide in crypto and bitcoin.
IREN Achieves 31 EH/s Year-End Target
SYDNEY, Dec. 23, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”) today announced it has reached its year-end target of 31 EH/s installed ...
IREN closes $440 million convertible notes offering
SYDNEY, Dec. 06, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced the closing of its offering of $440 million aggregate principal amount of 3.25% convert...