IREN Limited (IREN)
| Market Cap | 14.75B +240.0% |
| Revenue (ttm) | 757.07M +104.8% |
| Net Income | 158.05M |
| EPS | 0.54 |
| Shares Out | 357.38M |
| PE Ratio | 75.99 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 41,772,747 |
| Open | 40.30 |
| Previous Close | 41.29 |
| Day's Range | 40.25 - 43.72 |
| 52-Week Range | 14.72 - 76.87 |
| Beta | 4.28 |
| Analysts | Buy |
| Price Target | 81.07 (+96.39%) |
| Earnings Date | Aug 27, 2026 |
About IREN
IREN Limited operates in the vertically integrated data center business in Australia and Canada. The company owns and operates computing hardware, as well as electrical infrastructure and data centers. 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. The company was incorporated in 2018 and is based in Sydney, Australia... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 16 analysts, the average rating for IREN stock is "Buy." The 12-month stock price target is $81.07, which is an increase of 96.39% from the latest price.
News
Why Is IREN Stock Rising Today, July 22, 2026?
Shares in Australian AI cloud company IREN Limited ($IREN) rose over 4% on Wednesday morning. This came as H.C. Wainwright’s five-star analyst Mike Colonnese also called IREN stock a Buy…
Iren price target raised to $90 from $85 at H.C. Wainwright
H.C. Wainwright raised the firm’s price target on Iren (IREN) to $90 from $85 and keeps a Buy rating on the shares. The firm cites greater revenue visibility from the…
Why Is IREN Stock Dragging After Monday’s Rally?
After a 20% surge on Monday, shares of AI cloud company IREN Limited ($IREN) traded only 1% to 2% higher on Tuesday morning. This came as Wall Street responded with…
NBIS, CRWV, IREN: Why Are Neocloud Providers Rising in Premarket Today?
Shares of neocloud providers, Nebius Group ($NBIS), CoreWeave ($CRWV), and IREN Ltd. ($IREN) rose in premarket trading after Nvidia ($NVDA) disclosed a larger stake in Nebius. According to a 13G…
IREN Stock Rallies 21% on New Revenue Target, But Goldman Says to Hold — Here’s Why
IREN Limited ($IREN) shares climbed as high as 21% on Monday afternoon after the AI cloud firm lifted its 2026 target for its annualized run-rate revenue (ARR) to over $4…
Iren's stock surges as the neocloud lands $2.8 billion worth of new deals
The AI infrastructure provider is easing anxiety over high data-center build-out costs as it secures new customers and prepayments for chips.
IREN Stock (IREN) Jumps 16% on News of AI Data Center Agreement
The company has pivoted from being a Bitcoin miner.
IREN stock tests major resistance as new contracts alleviate capex concerns
IREN Ltd (IREN) shares are ripping higher this morning following a significant operational update that alleviate capital expenditure concerns and boosts the firm's long-term financial outlook. The Aus...
Why Is IREN Stock Soaring Today — July 20, 2026?
Shares in IREN Limited ($IREN) jumped as high as 20% on Monday afternoon after the Australian AI cloud firm raised its annualized run-rate revenue (ARR) target. The company now expects…
IREN, Hut 8 Stocks Surge as AI Deals Restore Neocloud Cheer
IREN stock was gaining alongside Hut 8 as both companies announced big cloud-computing deals.
Iren raises AI Cloud annualized run-rate revenue target to over $4B from $3.7B
Iren (IREN) announced that it has raised its year-end AI Cloud annualized run-rate revenue target from $3.7B to more than $4B, of which approximately 85% is now under contract following…
IREN Signs $2.8bn in New Customer Contracts with Leading AI Developers, Raises 2026 ARR Target to over $4bn
NEW YORK, July 20, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced that it has raised its year-end AI Cloud annualized run-rate revenue (“ARR”)1 target from $3.7bn to mor...
IREN Stock: Why Analysts’ Forecast Points to 123% Upside despite Selloff
AI cloud company IREN Limited’s ($IREN) shares have fallen by roughly 19% over the past five days and more than 41% over the past month. Yet Wall Street sees a…
Here's why IREN, CoreWeave, and Nebius stocks are in free fall
Top neocloud stocks are in a freefall, erasing billions of dollars in value as concerns about AI spending emerge. IREN stock dropped to $33.61, its lowest level since April 7, and 52% below its highe...
IREN Appoints Chief Information Security Officer
NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the appointment of Eric Hammersley as Chief Information Security Officer.
IREN Limited Proxy statement: Proxy filing
IREN Limited filed a proxy statement on July 9, 2026, providing details for shareholder voting and corporate governance matters.
It's not just Terawulf, IREN shares are soaring because of Anthropic too
All eyes are on Terawulf (WULF) shares this morning after the digital infrastructure firm revealed a monumental $19 billion contracted revenue deal with Anthropic. But it's not all about WULF only; ne...
IREN stock is crashing and it's not entirely about the Meta threat
IREN stock is crashing this morning, and the sell-off is being attributed primarily to Meta Platforms' reported plans to launch a commercial cloud infrastructure business. But a deeper dive reveals th...
IREN Appoints Chief Product Officer and Chief Development Officer
NEW YORK, July 02, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the appointment of Kambiz Aghili as Chief Product Officer and Michael Nudelman as Chief Development Off...
AI Data Center Stock IREN Approaches A Historically Bullish Setup
Shares of AI data center giant IREN (IREN) are moving 3.9% lower at $43.94 this afternoon, pulling back as a choppy tech sector weighs on investors. Despite the blockchain specialist's debut on the Ru...
History: Buy This AI Data Center Stock Now
Shares of AI data center giant IREN (IREN) are moving 3.9% lower at $43.94 this afternoon, pulling back as a choppy tech sector weighs on investors. Despite the blockchain specialist's debut on the Ru...
IREN Added to Russell 1000 Index
NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced that it has been added to the Russell 1000 Index effective after market close on June 26, following the...
IREN Completes Acquisition of Nostrum Group Expanding AI Cloud Platform to Europe
NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has completed the acquisition of Ingenostrum, S.L. (Nostrum Group), a developer of grid-connected AI...