Is IREN Limited (IREN) a Buy, Sell, or Hold?
IREN Limited
NASDAQ:IREN
$38.28 USD
-$0.31 (-0.8%)
- Volume
- 35.34M
- Average Volume
- 46.42M
- Market Capitalization
- $13.66B
- P/E Ratio
- 957.00
- Dividend Yield
- 0.00%
- Price Target
- $84.50
- Year High
- $76.87
- Year Low
- $14.72
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $3.72
Industry, Sector & symbol
| Stock Exchange | NASDAQ |
| CEO | William Roberts |
| Industry | Financial - Capital Markets |
| Sector | Financial Services |
| Current Symbol | IREN |
| CUSIP | Q4982L109 |
| CIK | 0001878848 |
| Web | https://iren.com |
| Phone | 61 2 7906 8301 |
| Currency | USD |
| Employees | 457 |
| Country | AU |
Liquidity
| Debt-to-Equity Ratio | 1.49 |
| Payout Ratio | 0.00 |
| Current Ratio | 3.72 |
| Quick Ratio | 3.72 |
| Cash Ratio | 3.40 |
Sales & Book Value
| Annual Sales | $501.02M |
| Price / Sales | 18.04 |
| Cash Flow | -8.34 |
| Price / Cash Flow | -7.56 |
| Price / Book | 3.11 |
Price Target and Rating
| Average Stock Price Forecast | $84.50 |
| High Stock Price Forecast | $99.00 |
| Low Stock Price Forecast | $50.00 |
| Forecast Upside/Downside | -54.70% |
| Consensus Rating | Sell |
| Rating Score(0-5) | 2 |
| Research Coverage | 14 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $0.39 |
| Trailing P/E Ratio | 957.00 |
| PEG Ratio | -15.34 |
| P/E Growth | -15.34 |
| Net Income | $86.94M |
| Net Margin | 10.16% |
| Pretax Margin | 10.05% |
| Return on Equity | 3.12% |
| Return on Assets | 1.06% |
Financials Score
| AltmanZ Score | 2.14 |
| Piotroski Score | 6.00 |
| Working Capital | 1.77B |
| Total Assets | 7.26B |
| Ebit | 107.72M |
| Market Cap | 13.91B |
| Total Liabilities | 4.6B |
Poll Results
About IREN Limited (NASDAQ:IREN) Stock
IREN Limited, established in 2018 and based in Sydney, Australia, operates a comprehensive, vertically integrated data center business spanning Australia and Canada. The company possesses and manages all essential infrastructure, including its computing hardware, electrical systems, and the data center facilities themselves. A primary undertaking for IREN Limited is the mining of Bitcoin, a scarce digital asset created and exchanged via a decentralized, peer-to-peer computer network utilizing specialized Bitcoin software. The company was previously named Iris Energy Limited, officially adopting IREN Limited in November 2024. ...
IREN Appoints Chief Information Security Officer
2026-07-15 07:00:53
NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) ("IREN") today announced the appointment of Eric Hammersley as Chief Information Security Officer. The appointment follows the recent additions of Kambiz Aghili as Chief Product Officer and Michael Nudelman as Chief Development Officer, as IREN continues to strengthen its senior leadership team and expand its AI Cloud platform across new markets and services.
IREN Appoints Chief Information Security Officer
2026-07-15 07:00:00
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 Is Entering a New Growth Phase. Here's Why It Matters.
2026-07-10 09:30:00
IREN (IREN 2.01%) is trying to turn Bitcoin mining infrastructure into an AI cloud platform. The upside case is powerful because AI needs electricity, land, GPUs, and data center capacity, but the risk is execution.
2026-07-09 10:21:26
IREN strengthened its AI platform through new executive hires, Mirantis integration, Russell 1000 inclusion and continued infrastructure execution milestones. Meta Compute primarily threatens spot GPU rental providers, while IREN's $3.1 billion contracted ARR remains supported by long-term hyperscaler agreements. Management reaffirmed Horizon 1-4 delivery, a $3.7 billion ARR target for 2026 and expansion toward 1.21 GW of AI cloud capacity in 2027.
IREN's Revenue Is Falling For The Right Reason But Market Is Pricing It As Failure
2026-07-08 12:54:47
IREN is rapidly transforming from a Bitcoin miner to a vertically integrated AI infrastructure leader, trading at a 43%+ discount to consensus. AI Cloud Services revenue grew 94.2% QoQ in Q3 FY2026, offsetting deliberate Bitcoin mining wind-down; a $3.7B ARR target by end-2026 is in play. Key catalysts include Russell 1000 inclusion, Microsoft and NVIDIA contracts, and Horizon data centers coming online, driving a forward ARR multiple near 4x.
Can Meta Platforms Become a Neocloud? Don't Hold Your Breath.
2026-07-08 12:01:00
Meta Platforms is several years away from providing neocloud services, while neocloud pure plays are rapidly expanding their gigawatt pipelines.
Nebius Is Quietly Dominating CoreWeave And IREN: Here's Why
2026-07-07 13:16:15
Nebius is rated Buy, driven by its superior AI infrastructure platform and robust inference software solutions. NBIS boasts a diversified customer base, a healthy funding model, and a strong cash position, supporting aggressive capacity expansion with minimal net debt. NBIS differentiates itself with end-to-end AI offerings, including Token Factory and recent acquisitions, enabling cost-effective, scalable AI for a broad client base.
New Position: TTRF Capital Initiates IREN Stake With 66,800 Shares
2026-07-07 11:45:01
Fund bets on data center and Bitcoin mining operator as portfolio outperforms S&P 500 by 141 percentage points.
Frequently Asked Questions
-
What is the current IREN Limited (IREN) stock price?
-
IREN Limited(NASDAQ:IREN) stock price is $38.28 in the last trading session. During the trading session, IREN stock reached the peak price of $76.87 while $14.72 was the lowest point it dropped to. The percentage change in IREN stock occurred in the recent session was --0.8% while the dollar amount for the price change in IREN stock was -$-0.31.
-
IREN's industry and sector of operation?
-
The NASDAQ listed IREN is part of Financial - Capital Markets industry that operates in the broader Financial Services sector.
-
Who are the executives of IREN?
-
Denis Skrinnikoff | Chief Technology Officer?
Michael Nudelman | Chief Development Officer
William Roberts | Co-Founder, Co-CEO & Executive Director
Chris Parker | Chief Marketing Officer
David Shaw | Chief Operating Officer -
How many employees does IREN have?
-
Number of IREN employees currently stands at 457. IREN operates from 55 Market Street, Sydney, NSW 2000, AU.
-
Link for IREN official website?
-
Official Website of IREN is: https://iren.com
-
How do I contact IREN?
-
IREN could be contacted at phone #61 2 7906 8301 and can also be accessed through its website. IREN operates from 55 Market Street, Sydney, NSW 2000, AU.
-
How many shares of IREN are traded daily?
-
The average number of IREN shares traded daily for last 3 months was 46.42M.
-
What is the market cap of IREN currently?
-
The market value of IREN currently stands at $13.66B with its latest stock price at $38.28