IREN Limited (IREN)
| Market Cap | 14.21B +218.3% |
| Revenue (ttm) | 757.07M +104.8% |
| Net Income | 158.05M |
| EPS | 0.54 |
| Shares Out | 357.38M |
| PE Ratio | 73.18 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 42,126,597 |
| Open | 40.20 |
| Previous Close | 38.74 |
| Day's Range | 39.35 - 40.96 |
| 52-Week Range | 17.22 - 76.87 |
| Beta | 4.30 |
| Analysts | Buy |
| Price Target | 81.73 (+105.61%) |
| 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 $81.73, which is an increase of 105.61% from the latest price.
News
CRWV, NBIS, IREN: Here’s Why Neocloud Stocks Are Under Pressure — 8/6/26
Shares in neocloud companies CoreWeave ($CRWV), Nebius ($NBIS), and IREN Limited ($IREN) traded in the red early Thursday after closing lower the previous day. This comes amid fears of rising…
IREN Stock Gains After Completing Mirantis Acquisition to Add ‘Software Layer’
IREN Limited’s ($IREN) shares rose about 4% on Tuesday afternoon. This came after the AI cloud firm said it has completed its previously announced $625 million acquisition of Mirantis. IREN…
IREN Completes Acquisition of Mirantis
Strengthening the Software Layer of its Vertically Integrated AI Cloud Platform Strengthening the Software Layer of its Vertically Integrated AI Cloud Platform
IREN Stock Jumps on BofA’s 5.8% Stake — What Does This Mean for Investors?
Shares in AI cloud firm IREN Limited ($IREN) rose by more than 2% during Tuesday’s pre-market session after jumping by more than 8% the previous day. On Monday, the Bank…
‘The Semis Guys Have Your Back:’ IREN Stock Climbs on New Bernstein Buy Call
Shares in IREN Limited ($IREN) jumped by another 7% early Friday after their roughly 31% rally on Thursday on reports that hedge fund Situational Awareness had sold most of its…
Iris Energy call buyer realizes 106% same-day gains
Notable profits for the buyer who lifted the $1.49 offer for 2,790 Iris Energy (IREN) 7/31 weekly 35.5 calls yesterday at 09:38ET when underlying shares were trading at $35.11. Shares…
CRWV, NBIS, IREN: Why Are Neocloud Stocks Soaring Today — July 30, 2026?
Shares in neocloud companies CoreWeave ($CRWV), Nebius ($NBIS), and IREN Limited ($IREN) suddenly surged by almost 30% on Thursday. This followed reports by The Wall Street Journal that investment fir...
CRWV, NBIS, IREN: Why Did Neocloud Stocks Fall Hard on 7/29/26?
Shares in neocloud companies CoreWeave ($CRWV), Nebius ($NBIS), and IREN Limited ($IREN) dropped sharply on Wednesday. This came amid a general sell-off in chip stocks. However, it is also likely…
IREN Stock Is Down 10% YTD — Should You Still Buy the Stock?
Shares in Australian AI cloud firm IREN Limited ($IREN) dropped by more than 5% on Tuesday morning and are down about 10% year-to-date. On Wall Street, analysts remain split and…
CRWV, NBIS, IREN: Why Are Neocloud Stocks Rising in Pre-Market Today, 7/27/26?
Shares in neocloud companies CoreWeave ($CRWV), Nebius ($NBIS), and IREN Limited ($IREN) plunged on Friday but trimmed their losses during Monday’s pre-market session. The rise could be tied to positi...
Why are Nvidia-backed CoreWeave, Nebius, and IREN stocks plunging?
Top neocloud companies, including those backed by Nvidia, have fallen sharply over the past few days as concerns about the industry's outlook have intensified and investors await the upcoming earnings...
The Big 3: GOOGL, SKHY, IREN
@ProsperTradingAcademy's Charles Moon talks all about tech for his Big 3 picks Thursday. He sees opportunity in Alphabet (GOOGL) as the stock sells off after earnings, compares SK Hynix's (SKHY) setup...
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 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...
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 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...
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...