IREN Limited (IREN)

NASDAQ: IREN · Real-Time Price · USD
26.48
+3.44 (14.93%)
At close: Aug 29, 2025, 4:00 PM
27.33
+0.85 (3.21%)
Pre-market: Sep 2, 2025, 4:20 AM EDT
14.93%
Market Cap7.20B
Revenue (ttm)501.02M
Net Income (ttm)86.94M
Shares Out 271.98M
EPS (ttm)0.39
PE Ratio67.90
Forward PE21.46
Dividendn/a
Ex-Dividend Daten/a
Volume76,548,790
Open27.50
Previous Close23.04
Day's Range25.62 - 29.50
52-Week Range5.13 - 29.50
Beta3.99
AnalystsStrong Buy
Price Target27.11 (+2.38%)
Earnings DateAug 28, 2025

About IREN

IREN Limited operates in the 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 November 2024. IRE... [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 $27.11, which is an increase of 2.38% from the latest price.

Price Target
$27.11
(2.38% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 ...

3 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 ...

3 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.

3 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...

4 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
4 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...

4 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 ...

4 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 ...

5 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 ...

7 days 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...

11 days 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...

18 days ago - GlobeNewsWire

IREN: Bright Future Ahead - Low-Cost Bitcoin Mining And AI Tailwinds

IREN has surged 210% since April, evolving from a Bitcoin miner to a fast-growing AI infrastructure disruptor. The company funds its AI data center expansion through profitable, low-cost Bitcoin minin...

24 days ago - Seeking Alpha

IREN July 2025 Monthly Update

NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”) today published its monthly update for July 2025.

26 days ago - GlobeNewsWire

IREN: From Bitcoin Miner To AI Giant

IREN generated $148 million in Q3 revenue, supported by 326% YoY hashrate growth and disciplined cost controls that expanded EBITDA margin to 56%. AI Cloud now operates 1,896 Nvidia GPUs near full uti...

5 weeks ago - Seeking Alpha

Buy, Sell, Or Hold IREN Stock At $16?

IREN (NASDAQ:IREN) – a Bitcoin mining data center operator that utilizes renewable energy sources such as solar and wind – has witnessed an impressive stock increase of nearly 80% over the last month....

2 months ago - Forbes

IREN June 2025 Monthly Update

SYDNEY, July 07, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for June 2025.

2 months ago - GlobeNewsWire

IREN Expands AI Cloud with 2.4k NVIDIA Blackwell GPUs

New B200 & B300 fleet lifts total to 4.3k GPUs, unlocking next-gen training and inference at scale New B200 & B300 fleet lifts total to 4.3k GPUs, unlocking next-gen training and inference at scale

2 months ago - GlobeNewsWire

IREN: Riding Two Waves At Once

IREN combines massive renewable-powered Bitcoin mining with a fast-growing AI cloud business, leveraging low-cost hydro and wind energy for industry-leading margins. The company's strategic shift to A...

2 months ago - Seeking Alpha

IREN: When Crypto Cash Funds AI Dreams

IREN mined 1,514 Bitcoin in Q3 FY25, generating $141.2 million revenue at an average realized price of $93K per coin. All-in cash cost per Bitcoin mined was approximately $41K, supporting strong hardw...

2 months ago - Seeking Alpha

IREN Appoints Anthony Lewis as Chief Capital Officer to Lead Capital Markets Strategy

SYDNEY, July 01, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) today announced the appointment of Anthony Lewis as Chief Capital Officer, a newly established role responsible for overseeing the...

2 months ago - GlobeNewsWire

IREN Achieves Mid-Year Target of 50 EH/s

SYDNEY, June 30, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has reached its mid-year target of 50 EH/s installed self-mining capacity. Daniel Roberts, Co-Founder ...

2 months ago - GlobeNewsWire

IREN: Improving Efficiency Position The Company For Growth

I am bullish on IREN due to its industry-leading bitcoin mining efficiency and ability to maintain low production costs amid rising competition and energy prices. IREN's strategic diversification into...

2 months ago - Seeking Alpha

IREN closes upsized $550 million convertible notes offering

SYDNEY, June 13, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced the closing of its offering of $550 million aggregate principal amount of 3.50% convert...

2 months ago - GlobeNewsWire

IREN prices upsized $500 million convertible notes offering

SYDNEY, June 11, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced the pricing of its offering of $500 million aggregate principal amount of 3.50% convert...

2 months ago - GlobeNewsWire

IREN announces proposed convertible notes offering

SYDNEY, June 10, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced its intention to offer, subject to market and other conditions, $450 million aggregate ...

2 months ago - GlobeNewsWire