IREN Limited (IREN)
| Market Cap | 13.87B -15.2% |
| Revenue (ttm) | 707.01M +41.1% |
| Net Income | -702.62M |
| EPS | -2.22 |
| Shares Out | 394.06M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 38,526,723 |
| Open | 36.26 |
| Previous Close | 35.71 |
| Day's Range | 34.64 - 36.29 |
| 52-Week Range | 28.93 - 76.87 |
| Beta | 4.27 |
| Analysts | Buy |
| Price Target | 78.14 (+122.05%) |
| Est. Earnings | Nov 5, 2026 |
About IREN
IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate data centers, including the associated land, grid connections, and substations, as well as buildings and cooling. The company also owns and operates compute layers, such as GPUs, CPUs, storage, servers, and networking deployed within that data center infrastructure; and software layers comprising managed services and enterprise support that enables customers to deploy, operate, and manage AI workloads. In addition,... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 20 analysts, the average rating for IREN stock is "Buy." The 12-month stock price target is $78.14, which is an increase of 122.05% from the latest price.
News
IREN Stock Plunges 17% in 5 Days — What Comes Next?
IREN Limited shares ($IREN) are down roughly 17% over the past five days. The drop comes as research firm SemiAnalysis flagged customer concerns at some of IREN’s data centers this…
Why CoreWeave, Nebius, and IREN Stocks Are Bouncing Back Today after Thursday’s Selloff
CoreWeave ($CRWV), Nebius ($NBIS), and IREN ($IREN) stocks are rebounding in Friday’s premarket trading after plunging more than 7% on Thursday. CoreWeave stock was up 2.6%, Nebius stock has gained…
Why Is IREN Stock Sinking Today, October 8?
Shares of IREN Limited ($IREN) fell by 8% to roughly $36 on Thursday afternoon, extending the 6.27% drop from the previous day. Both sell-offs followed critical X posts by research…
Here's why IREN stock has lost momentum despite its AI cloud pivot
IREN stock has remained under pressure this month as investors have remained cautious of neocloud companies. It dropped to $38.70 on Wednesday, down modestly from the September high of $49.60 and by 5...
CoreWeave, Nebius, and IREN Stocks Extend Losses in Premarket Today. What’s Behind the Sell-Off?
Shares of AI infrastructure companies CoreWeave ($CRWV), Nebius Group ($NBIS), and IREN ($IREN) are lower in Thursday’s premarket trading. CoreWeave stock was down 1.46% at $87.16. Nebius fell 1.77% t...
Why IREN Stock Ticks Higher After Hours — and Can It Reverse Its Recent Downturn?
IREN (NASDAQ:IREN) shares are inching up 1% in Wednesday’s after-hours trading, getting a small lift from Applied Digital’s better-than-expected quarterly results. The report offered some encouragemen...
IREN Stock Plunges as SemiAnalysis Flags Data Center Problems
IREN Limited shares ($IREN) fell more than 6% to about $39 on Wednesday afternoon. This followed a series of X posts from SemiAnalysis. The research firm said it found several…
CoreWeave, Nebius, and IREN Stocks Are Falling in Premarket Today, October 7. What’s Behind the Pullback?
Shares of AI infrastructure companies CoreWeave ($CRWV), Nebius ($NBIS), and IREN ($IREN) were falling in Wednesday’s pre-market trading, with all three down more than 2% in premarket trading. CRWV is...
Why Are CoreWeave, IREN, and Nebius Stocks Rising in Premarket Today, Oct. 5?
Shares of AI infrastructure companies CoreWeave ($CRWV), IREN ($IREN), and Nebius ($NBIS) were edging higher in premarket trading on Monday, Oct. 5. The moves come as investors continue to assess…
Neocloud Stocks CoreWeave, Nebius, and IREN Are Rising Today, Oct. 2 — Here’s Why
Shares in neocloud companies CoreWeave ($CRWV), Nebius ($NBIS), and IREN Limited ($IREN) traded higher on Friday morning. This follows positive company-specific updates relating to CoreWeave and Nebiu...
Bitcoin Miners Trade Rigs for AI as Power Becomes the Prize
It cost bitcoin miners an average of about $75,500 in cash to produce one coin in the second quarter. Meanwhile, bitcoin itself ended June at $58,400, less than half its October 2025 record high.
Iren Stock Falls as B. Riley Cuts Its Price Target to $91 — Here’s Why
Iren Limited shares ($IREN) edged lower to around $41 on Tuesday afternoon after B. Riley analyst Lucas Pipes trimmed his price target on the AI cloud firm from $96 to…
Iren price target lowered to $91 from $96 at B. Riley
B. Riley lowered the firm’s price target on Iren (IREN) to $91 from $96 and keeps a Buy rating on the shares. The digital mining & HPC group has fallen…
CoreWeave vs. IREN – Why One Analyst Favors CRWV over IREN
AI infrastructure companies CoreWeave ($CRWV) and IREN Ltd. ($IREN) are both positioned to benefit from rising demand for AI and high-performance computing (HPC). However, Jones Trading analyst Kevin ...
Monday's First Moves: IREN Double Upgrade, COIN New Bull, HPE Downgrade
Analyst upgrades and downgrades take Diane King Hall's attention to start a volatile trading week. She explains why JPMorgan is double upgrading IREN (IREN) while Evercore ISI is downgrading HPE (HPE)...
IREN, Nebius, CoreWeave: Here's why these neocloud stocks are falling
Top neocloud companies have dropped sharply this year, even as their revenue growth continues. CoreWeave, the pioneer of the industry, slipped to $87, down sharply from its all-time high of $186.
Iren Stock Receives Double Upgrade to Buy. Why the AI Opportunity Underpins 48% Upside View.
Iren stock is double upgraded and J.P. Morgan sees 48% with business momentum continuing for the burgeoning neocloud company.
IREN's 2GW Sweetwater Hub Included as Base Load in ERCOT Batch Zero
NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced that its 2GW Sweetwater Hub (Sweetwater 1 and Sweetwater 2) has been conditionally included in the Ele...
BLUE OWL MANAGED FUNDS LEAD $2.4 BILLION AI FACTORY FINANCING FOR IREN
Financing for NVIDIA AI Infrastructure deployment draws on Blue Owl's digital infrastructure operating and underwriting experience NEW YORK, Aug. 28, 2026 /PRNewswire/ -- Blue Owl Capital Inc. (NYSE: ...
IREN stock falls as the Nvidia-backed neocloud company hits a key milestone
IREN stock retreated by over 6% in the premarket session as investors reacted to its financial results. It slipped to $38, down sharply from the year-to-date high of $70.60.
This Bitcoin Miner Sees AI Cloud Revenue Grow 110%. Why the Earnings Selloff Could Be a Time to Buy.
Iren, which has moved to the AI compute business from Bitcoin miner, is falling on earnings but it could be a buying opportunity, according to one Wall Street firm.
IREN Limited Earnings Call Transcript: Q4 2026
Contracted $4B ARR for FY26 with $1B operating, driven by strong AI Cloud demand and major customer wins. Secured $19B in funding, guiding $25–$30B FY27 CapEx, and expanding globally with a multi-gigawatt pipeline. Contract pricing and prepayments are rising, supporting capital efficiency.
IREN Limited Earnings release: Q4 2026
IREN Limited released its Q4 2026 earnings on August 27, 2026, summarizing the period's financial results.
IREN Limited Annual report: Q4 2026
IREN Limited has published its Q4 2026 annual report on August 27, 2026.
IREN Limited Slides: Q4 2026
IREN Limited has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on August 27, 2026.