IREN Limited (IREN)

NASDAQ: IREN · Real-Time Price · USD
10.88
-1.48 (-11.97%)
At close: Feb 21, 2025, 4:00 PM
10.98
+0.10 (0.92%)
After-hours: Feb 21, 2025, 7:59 PM EST
-11.97%
Market Cap 2.38B
Revenue (ttm) 285.77M
Net Income (ttm) -51.25M
Shares Out 218.94M
EPS (ttm) -0.31
PE Ratio n/a
Forward PE 11.22
Dividend n/a
Ex-Dividend Date n/a
Volume 18,302,008
Open 12.57
Previous Close 12.36
Day's Range 10.82 - 12.74
52-Week Range 4.15 - 15.92
Beta 3.61
Analysts Strong Buy
Price Target 18.73 (+72.15%)
Earnings Date Feb 12, 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]

Industry Capital Markets
Sector Financials
IPO Date Nov 17, 2021
Employees 144
Stock Exchange NASDAQ
Ticker Symbol IREN
Full Company Profile

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 Statements

Analyst Forecast

According to 12 analysts, the average rating for IREN stock is "Strong Buy." The 12-month stock price forecast is $18.73, which is an increase of 72.15% from the latest price.

Price Target
$18.73
(72.15% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

9 days ago - Seeking Alpha

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)...

9 days ago - GlobeNewsWire

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.

16 days ago - GlobeNewsWire

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...

19 days ago - GlobeNewsWire

Bitcoin miners try to rebound from choppy market

CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the mixed recovery for bitcoin miners.

Other symbols: BTDRCLSKCORZMARA
24 days ago - CNBC Television

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.

Other symbols: HUTRIOTWULF
4 weeks ago - CNBC Television

IREN Business Update

57 EH/s, direct-to-chip liquid cooling, 1.4GW Sweetwater project & multi-gigawatt pipeline 57 EH/s, direct-to-chip liquid cooling, 1.4GW Sweetwater project & multi-gigawatt pipeline

4 weeks ago - GlobeNewsWire

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.

6 weeks ago - GlobeNewsWire

Bitcoin, crypto stocks slide after post-election rally

CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the slide in crypto and bitcoin.

Other symbols: CLSKCOINMSTR
2 months ago - CNBC Television

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 ...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

IREN November 2024 Monthly Investor Update

SYDNEY, Dec. 06, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly investor update for November 2024.

2 months ago - GlobeNewsWire

DEADLINE TOMORROW: The Schall Law Firm Invites Shareholder Participation In A Fraud Case Against Iris Energy Limited

LOS ANGELES, CA / ACCESSWIRE / December 5, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" or...

2 months ago - Accesswire

Iris Energy Limited Is Being Sued For Violating Securities Laws And Impacted Investors Are Encouraged To Contact The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / December 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" or...

2 months ago - Accesswire

IREN prices upsized $400 million convertible notes offering

SYDNEY, Dec. 04, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced the pricing of its offering of $400 million aggregate principal amount of 3.25% convert...

2 months ago - GlobeNewsWire

IREN announces proposed convertible notes offering

SYDNEY, Dec. 03, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced its intention to offer, subject to market and other conditions, $300 million aggregate ...

2 months ago - GlobeNewsWire

The Schall Law Firm Invites Stockholder Contributions To A Fraud Case Against Iris Energy Limited

LOS ANGELES, CA / ACCESSWIRE / December 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" or...

2 months ago - Accesswire

DEADLINE THIS WEEK: Berger Montague Advises Iris Energy Limited (NASDAQ: IREN) Investors to Contact the Firm Before December 6, 2024

PHILADELPHIA, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Nationally recognized law firm Berger Montague PC informs investors that a lawsuit was filed against Iris Energy Limited (“Iris” or the “Company”) (NASD...

2 months ago - GlobeNewsWire

Iris Energy Limited Is Being Sued For Violating Securities Laws And Investors With Losses Are Urged To Contact The Schall Law Firm

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" or "the Company") (NASDAQ:IREN) for violations of 10...

2 months ago - Accesswire

IREN capacity increased by 33% to 28 EH/s

Childress Phase 3 substation energized On-track for 31 EH/s this month SYDNEY, Dec. 02, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”) t...

2 months ago - GlobeNewsWire

Iris Energy Limited Is Being Sued For Violating Securities Laws And Investors With Losses Are Encouraged To Assist The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / November 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" o...

2 months ago - Accesswire

Iris Energy Limited Accelerates Expansion Amid Bitcoin Bull Market

Iris Energy Limited leverages 100% renewable energy for Bitcoin mining and AI/HPC services, prioritizing sustainability and scalability for future growth. The company is accelerating Bitcoin mining ca...

3 months ago - Seeking Alpha

Iris Energy Limited (IREN) Q1 2025 Earnings Call Transcript

Iris Energy Limited (NASDAQ:IREN) Q1 2025 Earnings Conference Call November 26, 2024 5:00 PM ET Company Participants Lincoln Tan - Director of IR Daniel Roberts - Co-Founder and Co-CEO Belinda Nucifo...

3 months ago - Seeking Alpha

These Analysts Boost Their Forecasts On Iris Energy Following Q1 Results

Iris Energy Ltd IREN released results for the first quarter on Tuesday.

3 months ago - Benzinga

IREN Reports Q1 FY25 Results

50 EH/s expansion accelerated to H1 2025 Focused on alternative funding instruments Potential for investor distributions in 2025 Transition to U.S. domestic issuer SYDNEY, Nov. 26, 2024 (GLOBE NEWSWIR...

3 months ago - GlobeNewsWire