IREN Limited (IREN)
| Market Cap | 9.44B -42.6% |
| 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 | 53,006,965 |
| Open | 24.40 |
| Previous Close | 26.25 |
| Day's Range | 23.06 - 24.93 |
| 52-Week Range | 23.06 - 76.87 |
| Beta | 4.27 |
| Analysts | Buy |
| Price Target | 75.42 (+214.91%) |
| Earnings Date | 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 $75.42, which is an increase of 214.91% from the latest price.
News
IREN Reports Q1 2027 Earnings on Nov. 5 — Here’s What Analysts Expect
Australian AI cloud firm IREN Limited ($IREN) is preparing to release its fiscal Q1 2027 earnings next Thursday, November 5. Wall Street expects the Sydney-based company to report revenue of…
IREN Stock Sinks as B. Riley Cuts Price Target by 30% –Here’s Why
IREN Limited shares ($IREN) tumbled by 11% to about $23 on Friday afternoon. This coincides with four-star B. Riley analyst Nick Giles cutting his price target on the AI cloud…
Iren price target lowered to $64 from $91 at B. Riley
B. Riley lowered the firm’s price target on Iren (IREN) to $64 from $91 and keeps a Buy rating on the shares. The firm cut targets across the digital mining…
Why Are CoreWeave, Nebius, and IREN Stocks Tumbling in Pre-Market Today, Oct. 29?
CoreWeave ($CRWV), Nebius Group ($NBIS), and IREN ($IREN) stocks tumbled in premarket trading on Thursday, October 29. The drop followed lower-than-expected capital spending at Microsoft ($MSFT) and A...
CoreWeave and other neocloud stocks drop after Microsoft capex comes in below expectations
CoreWeave, Nebius and IREN fell as Microsoft's lower-than-expected capex figure points to infrastructure partners taking longer to deliver capacity. It's been a rocky past few weeks for neoclouds on c...
IREN Stock Falls 35% in One Month — Here’s Why This 5-Star Analyst Remains Bullish
Shares of AI cloud firm IREN Limited ($IREN) have tumbled by roughly 35% over the past month amid worries about high borrowing costs for neocloud and tech firms. However, five-star…
IREN Stock Falls on New Financing Deal amid Neocloud Selloff Over Higher Borrowing Costs
IREN Limited ($IREN) announced Wednesday in a statement that it secured a $363 million equipment finance agreement. However, IREN shares fell 2% to about $27 in morning trading. This came as…
Iren, Wingspire Equipment Finance complete $363M financing
Wingspire Equipment Finance and IREN (IREN) announced the closing of a $363M equipment financing transaction supporting IREN’s AI compute business. The Equipment Finance Agreement refinanced recently ...
IREN and Wingspire Equipment Finance Complete $363 Million Financing for High-Density AI Compute Assets
TUSTIN, Calif. & SYDNEY--(BUSINESS WIRE)--Wingspire Equipment Finance and IREN Limited (NASDAQ: IREN) (“IREN”) announced the closing of a $363 million equipment financing transaction supporting IREN's...
IREN Stock Jumps on October 27 — Here’s Why
Shares of AI cloud firm IREN Limited ($IREN) climbed by more than 7% to about $27 on Tuesday afternoon. The rally came despite recent worries about high borrowing costs. It…
CoreWeave, Nebius, and IREN Shares Slide After Elon Musk Predicts “Guppy-Level Death” for 200+ Neoclouds
Shares of artificial intelligence cloud providers CoreWeave ($CRWV), Nebius ($NBIS), and Iren ($IREN) fell more than 3% on Monday after Tesla ($TSLA) and SpaceX ($SPCX) CEO Elon Musk warned that…
Anthropic S-1, META $95B Stock Offering, Neocloud "Guppy-Level Death" Add AI Volatility
Anthropic's S-1 confirms 1,300% year-over-year revenue growth but also adds to mountain debt concerns piling into the AI trade. Kevin Green takes investors through the company's latest financial relea...
Musk's warning hits neocloud stocks as debt concerns mount
Shares of neocloud companies declined in premarket trading on Monday after Elon Musk said the sector could face consolidation and failures, adding to concerns over a widening gap between AI
CoreWeave, Nebius, and IREN Stocks Extend Losses in Pre-Market Today. Will the Sell-Off Continue?
CoreWeave ($CRWV), Nebius ($NBIS), and IREN ($IREN) stocks extended their losses in Monday’s premarket trading, falling 3.57%, 3.14%, and 2.83%, respectively. Over the past five trading days, CoreWeav...
Neocloud stocks fall as Elon Musk says more than 200 of them face 'guppy-level death'
Nebius, CoreWeave and Iren all dropped more than 4% in premarket trading on Monday. SpaceX and Tesla CEO Elon Musk said more than 200 neoclouds are "going to see guppy-level death and consolidation.
CoreWeave, Nebius, and IREN Stocks Extend Losses in Sunday Overnight Trading. What’s Behind the Drop?
The pain continues for neocloud stocks, with CoreWeave (NASDAQ:CRWV), Nebius (NASDAQ:NBIS), and IREN (NASDAQ:IREN) all falling around 2.5% in Sunday overnight trading. The latest weakness comes amid a...
IREN Stock: Why Analysts Still See Over 200% Upside Despite This Week’s Plunge
IREN Limited shares ($IREN) sold off this week, down more than 21% in the past five days alone. This came amid fresh concerns about high borrowing costs in the neocloud…
Short Sellers Make $6B Betting Against These 5 AI Stocks as Shares Rebound in Pre-Market Today
Short sellers betting against five AI infrastructure and neocloud stocks—CoreWeave ($CRWV), Nebius Group ($NBIS), IREN ($IREN), Applied Digital ($APLD), and Core Scientific ($CORZ)—have made about $6 ...
IREN to Release Q1 FY27 Results on November 5, 2026
NEW YORK, Oct. 22, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) ("IREN") will release its financial results for the quarter ended September 30, 2026, on Thursday, November 5, 2026 and host a c...
Neocloud Stocks CRWV, NBIS, and IREN Sink as Short Sellers Reap $6B in Profits
The selloff of shares in neocloud companies CoreWeave ($CRWV), Nebius ($NBIS), and IREN Limited ($IREN) resumed on Thursday morning. This coincides with data from analytics firm ORTEX showing that sho...
IREN to Advance Europe's Sovereign AI Ambitions with 300MW Spanish Campus
BERLIN, Oct. 21, 2026 (GLOBE NEWSWIRE) -- At NVIDIA GTC Berlin, IREN (NASDAQ: IREN) today announced that it has established IREN Europe and secured the civil works license for its planned AI data cent...
CoreWeave, SpaceX, Netflix, IREN, AMD, and More Stocks That Explain Today's Market
Tech stocks were getting hit again ahead of the open Tuesday as fears over artificial-intelligence spending snapped back into focus.
Gartner analyst behind tech rout: AI returns are not yet large enough to justify neocloud build-out
The firm stands behind analysis that sent shockwaves through the market last week.
