IREN Limited (IREN)
| Market Cap | 13.87B +451.5% |
| Revenue (ttm) | 757.07M +104.8% |
| Net Income | 158.05M |
| EPS | 0.54 |
| Shares Out | 357.38M |
| PE Ratio | 71.46 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 60,347,276 |
| Open | 42.53 |
| Previous Close | 43.32 |
| Day's Range | 37.66 - 43.42 |
| 52-Week Range | 14.61 - 76.87 |
| Beta | 4.28 |
| Analysts | Buy |
| Price Target | 80.93 (+108.48%) |
| Earnings Date | May 7, 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 $80.93, which is an increase of 108.48% from the latest price.
News
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 names Kambiz Aghili as CPO, Michael Nudelman as CDO
Iren (IREN) announced the appointment of Kambiz Aghili as chief product officer, or CPO, and Michael Nudelman as chief development officer, or CDO. As chief product officer, Aghili will lead…
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...
Trump Surpasses All U.S. Crypto Firms with $1.4 Billion in Digital Asset Gains
President Trump’s 2025 financial disclosure form revealed at least $1.4 billion in crypto earnings. That figure outpaced all publicly traded U.S. crypto firms, including Coinbase ($COIN), IREN ($IREN)...
IREN Stock Slips as Analyst Says Firm ‘Is Behind in Building an Enterprise Business’
IREN Limited’s ($IREN) shares dropped about 5% on Wednesday afternoon. This came after Bernstein ($AB), in a new research report, noted that the Australian AI cloud company “is behind on…
CRWV, NBIS, IREN: Why Neocloud Stocks Are Plunging Today, 7/1/26
Shares in neocloud companies CoreWeave ($CRWV), Nebius ($NBIS), and IREN ($IREN) tumbled on Wednesday morning. This came after they were hit by a double blow: news of Meta’s ($META) plan…
Iren added to Russell 1000 Index
Iren (IREN) announced that it has been added to the Russell 1000 Index effective after market close on June 26, following the FTSE Russell Indexes reconstitution.
IREN Added to Russell 1000 Index
NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced that it has been added to the Russell 1000 Index effective after market close on June 26, following the...
IREN Stock Falls despite Sports Deal to Lift Global Image
Shares of IREN Limited ($IREN) dropped about 4% on Thursday afternoon despite the latest push by the Australian AI cloud company to boost its global brand image. The company announced…
IREN Stock Falls as Analyst Compares Revenue Power to CoreWeave and Nebius
Shares in IREN Limited ($IREN) dropped about 2% on Wednesday morning. This came after Bernstein released a note showing that IREN’s neocloud rivals CoreWeave ($CRWV) and Nebius ($NBIS) make more…
IREN Stock Is Up by Almost 60% YTD — Is There Room for Another Run?
Shares of Australian AI cloud firm IREN Limited ($IREN) have jumped by almost 60% year-to-date (YTD), riding on the back of its customer and capacity expansion moves. On Wall Street,…
IREN Stock Rises as Jefferies Hails ‘Compelling Strategic Pivot’
IREN Limited’s ($IREN) shares rose about 3% on Thursday morning. This came after investment banker Jefferies kicked off coverage of the stock, noting that the Australian AI cloud company has…
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...
Bitcoin set to slump to new lows for 2026 after recent sell-off, traders forecast
Bitcoin prices fell this week after cryptocurrency treasury company Strategy revealed it sold a small amount of its bitcoin holding. Traders on prediction market Kalshi think it's likely that the cryp...
IREN Announces First Australian Data Center Campus - 800MW in South Australia
NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the signing of a transmission connection agreement to support a planned 800MW data center campus in Bun...
IREN Closes $3.65bn Investment-Grade GPU Financing
NEW YORK, June 01, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has closed a $3.65bn investment-grade GPU financing facility to support the delivery of its AI Cloud...
IREN and BE Networks Accelerate Deployment of Large-Scale AI Factory with NVIDIA DSX Air
High fidelity simulation environment will help validate large NVIDIA GPU AI infrastructure before physical deployment NEW YORK, June 1, 2026 /PRNewswire/ -- BE Networks, a leading provider of networki...
IREN jumps 13% as Dell Blackwell deal supercharges AI push
Shares of IREN Limited rose 13% on Wednesday after the company announced a $1.6 billion purchase agreement with Dell Technologies for Nvidia-powered Blackwell systems aimed at expanding its artificial...
IREN to buy Blackwell systems from Dell for about $1.6 billion
Data center operator IREN said on Tuesday it has agreed to buy Nvidia's air-cooled Blackwell systems from Dell for about $1.6 billion, as it aims to bring more capacity online to keep up with soarin...
IREN Targets $4.4bn in ARR with Blackwell Deployment at Childress
NEW YORK, May 26, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has entered into a purchase agreement with Dell for air-cooled Blackwell systems to service its previ...
Traders bet against CoreWeave, Nebius, IREN stocks despite strong growth
Neocloud companies are reporting some of the best financial results this year as the artificial intelligence boom accelerates. Despite this, Wall Street traders are betting against some of the top nam...