IREN
IREN Limited NASDAQ Listed Nov 17, 2021$59.96
+3.18%
vs $58.11
Mkt Cap $13.4B
52w Low $9.80
75.3% of range
52w High $76.41
50d MA $53.97
200d MA $48.33
P/E (TTM)
174.0x
EV/EBITDA
28.9x
P/B
7.1x
Debt/Equity
0.5x
ROE
-1.8%
P/FCF
-11.9x
RSI (14)
45.70
ATR (14)
$5.28
Beta
4.31
50d MA
$53.97
200d MA
$48.33
Avg Volume
54.2M
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.
55 Market Street · Sydney, NSW 2000 · AU
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 7, 2026 | AMC | -0.22 | -0.73 | -236.5% | 56.85 | +12.3% | +7.7% | -9.9% | +2.6% | -2.5% | +5.9% | — |
| Feb 5, 2026 | AMC | -0.24 | -0.44 | -82.0% | 39.79 | +0.4% | +5.1% | +10.3% | -7.0% | -0.6% | -6.2% | — |
| Nov 6, 2025 | AMC | 0.15 | -0.34 | -326.8% | 66.96 | -2.8% | -6.8% | -3.5% | -4.6% | -2.9% | -12.7% | — |
| Aug 28, 2025 | AMC | 0.18 | 0.08 | -54.7% | 23.04 | +19.4% | +14.9% | +9.9% | -3.1% | -7.4% | +0.1% | — |
| May 14, 2025 | AMC | 0.17 | 0.11 | -35.3% | 7.97 | -2.4% | -2.8% | +8.5% | +1.5% | +0.8% | +3.3% | — |
| Feb 12, 2025 | AMC | -0.04 | 0.09 | +325.0% | 13.01 | -0.8% | +0.5% | -0.5% | -0.3% | +0.2% | -4.9% | — |
| Nov 26, 2024 | AMC | -0.07 | -0.22 | -214.3% | 9.56 | +11.9% | +29.7% | +9.0% | -6.6% | +2.5% | +10.4% | — |
| Aug 28, 2024 | AMC | -0.02 | -0.27 | -1105.4% | 7.42 | +11.6% | +14.8% | -7.2% | -12.8% | -2.6% | +0.7% | — |
| May 15, 2024 | AMC | 0.05 | 0.07 | +40.0% | 5.20 | -2.7% | +12.1% | +3.3% | +5.6% | +16.4% | +4.9% | — |
| Feb 15, 2024 | AMC | 0.03 | -0.07 | -358.0% | 7.74 | -9.6% | -12.0% | +0.9% | -3.3% | -0.2% | -6.8% | — |
| Dec 27, 2023 | AMC | 0.02 | -0.08 | -475.5% | 9.56 | -3.5% | -10.7% | -16.3% | -4.9% | -3.8% | +3.1% | — |
| Sep 13, 2023 | AMC | -0.17 | -0.12 | +27.9% | 4.43 | +2.0% | +13.1% | -10.4% | +6.0% | -4.4% | -7.5% | — |
| Jun 28, 2023 | AMC | -0.26 | -0.05 | +80.8% | 4.38 | +2.5% | +8.7% | -2.1% | +21.5% | +3.5% | +3.9% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 18 | Jefferies | Initiates | Buy | $79 | $58.11 | $61.28 | +5.5% | +3.2% | — | — | — | — |
| Apr 9 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $36.83 | $36.43 | -1.1% | +0.6% | +6.1% | +9.5% | +10.0% | +3.1% |
| Feb 10 | Canaccord Genuity | Maintains | Buy → Buy | — | $46.15 | $45.33 | -1.8% | -7.0% | -0.6% | -6.2% | +5.5% | -3.0% |
| Feb 6 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $39.79 | $39.96 | +0.4% | +5.1% | +10.3% | -7.0% | -0.6% | -6.2% |
| Feb 6 | Macquarie | Maintains | Outperform → Outperform | — | $39.79 | $39.96 | +0.4% | +5.1% | +10.3% | -7.0% | -0.6% | -6.2% |
| Jan 13 | HC Wainwright & Co. | Upgrade | Sell → Buy | — | $50.33 | $50.65 | +0.6% | +5.3% | -0.2% | -1.9% | +11.4% | -6.2% |
| Nov 24 | JP Morgan | Maintains | Underweight → Underweight | — | $42.26 | $43.00 | +1.8% | +14.7% | -2.1% | +2.1% | -1.3% | +1.4% |
| Nov 10 | Canaccord Genuity | Maintains | Buy → Buy | — | $62.38 | $65.85 | +5.6% | -3.5% | -4.6% | -2.9% | -12.7% | -4.7% |
| Nov 7 | HC Wainwright & Co. | Maintains | Sell → Sell | — | $66.96 | $65.11 | -2.8% | -6.8% | -3.5% | -4.6% | -2.9% | -12.7% |
| Nov 7 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $66.96 | $65.11 | -2.8% | -6.8% | -3.5% | -4.6% | -2.9% | -12.7% |
| Nov 3 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $60.75 | $73.07 | +20.3% | +11.5% | -1.7% | +14.7% | -12.4% | -6.8% |
| Oct 29 | HC Wainwright & Co. | Downgrade | Buy → Sell | — | $62.42 | $61.45 | -1.6% | -3.2% | -3.6% | +4.3% | +11.5% | -1.7% |
| Oct 22 | Macquarie | Maintains | Outperform → Outperform | — | $55.20 | $53.65 | -2.8% | -6.1% | +7.8% | +12.6% | +3.3% | -4.0% |
| Oct 14 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $64.14 | $63.23 | -1.4% | +8.5% | -2.3% | -9.0% | -1.8% | -2.5% |
| Oct 14 | BTIG | Maintains | Buy → Buy | — | $64.14 | $63.23 | -1.4% | +8.5% | -2.3% | -9.0% | -1.8% | -2.5% |
| Sep 29 | Macquarie | Maintains | Outperform → Outperform | — | $41.86 | $43.63 | +4.2% | +9.7% | +2.2% | +0.3% | -0.1% | +7.3% |
| Sep 26 | JP Morgan | Downgrade | Neutral → Underweight | — | $46.29 | $43.68 | -5.6% | -9.6% | +9.7% | +2.2% | +0.3% | -0.1% |
| Sep 23 | Roth Capital | Maintains | Buy → Buy | — | $41.90 | $43.02 | +2.7% | -0.3% | +12.9% | -1.8% | -9.6% | +9.7% |
| Sep 16 | Canaccord Genuity | Maintains | Buy → Buy | — | $37.14 | $37.46 | +0.9% | -1.9% | +4.0% | -4.2% | +6.4% | +8.4% |
| Sep 9 | BTIG | Maintains | Buy → Buy | — | $26.19 | $28.53 | +8.9% | +15.3% | +11.4% | -2.3% | +3.4% | +9.4% |
| Sep 2 | Jones Trading | Downgrade | Buy → Hold | — | $26.48 | $25.59 | -3.4% | +9.9% | -3.1% | -7.4% | +0.1% | +0.2% |
| Aug 29 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $23.04 | $27.50 | +19.4% | +14.9% | +9.9% | -3.1% | -7.4% | +0.1% |
| Aug 29 | Canaccord Genuity | Maintains | Buy → Buy | — | $23.04 | $27.50 | +19.4% | +14.9% | +9.9% | -3.1% | -7.4% | +0.1% |
| Aug 29 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $23.04 | $27.50 | +19.4% | +14.9% | +9.9% | -3.1% | -7.4% | +0.1% |
| Aug 29 | Macquarie | Maintains | Outperform → Outperform | — | $23.04 | $27.50 | +19.4% | +14.9% | +9.9% | -3.1% | -7.4% | +0.1% |
| Aug 29 | B. Riley Securities | Maintains | Buy → Buy | — | $23.04 | $27.50 | +19.4% | +14.9% | +9.9% | -3.1% | -7.4% | +0.1% |
| Jul 28 | JP Morgan | Downgrade | Overweight → Neutral | — | $17.72 | $17.84 | +0.7% | -6.4% | -4.8% | +2.2% | -0.2% | -4.4% |
| Jul 10 | B. Riley Securities | Maintains | Buy → Buy | — | $16.96 | $16.87 | -0.5% | +0.4% | -4.7% | +6.5% | -2.3% | +2.5% |
| May 16 | Canaccord Genuity | Maintains | Buy → Buy | — | $7.75 | $7.87 | +1.5% | +8.5% | +1.5% | +0.8% | +3.3% | +4.4% |
| May 15 | B. Riley Securities | Maintains | Buy → Buy | — | $7.97 | $7.78 | -2.4% | -2.8% | +8.5% | +1.5% | +0.8% | +3.3% |
| May 15 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $7.97 | $7.78 | -2.4% | -2.8% | +8.5% | +1.5% | +0.8% | +3.3% |
| May 15 | Macquarie | Maintains | Outperform → Outperform | — | $7.97 | $7.78 | -2.4% | -2.8% | +8.5% | +1.5% | +0.8% | +3.3% |
| Mar 13 | JP Morgan | Upgrade | Neutral → Overweight | — | $7.04 | $7.16 | +1.7% | -4.1% | +6.8% | +1.9% | -10.3% | +9.3% |
| Feb 13 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $13.01 | $12.90 | -0.8% | +0.5% | -0.5% | -0.3% | +0.2% | -4.9% |
| Feb 13 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $13.01 | $12.90 | -0.8% | +0.5% | -0.5% | -0.3% | +0.2% | -4.9% |
| Feb 13 | Canaccord Genuity | Maintains | Buy → Buy | — | $13.01 | $12.90 | -0.8% | +0.5% | -0.5% | -0.3% | +0.2% | -4.9% |
| Feb 13 | Needham | Maintains | Hold → Hold | — | $13.01 | $12.90 | -0.8% | +0.5% | -0.5% | -0.3% | +0.2% | -4.9% |
| Dec 19 | B. Riley Securities | Maintains | Buy → Buy | — | $12.13 | $12.66 | +4.4% | -5.9% | +3.4% | -4.7% | +5.0% | -4.0% |
| Dec 10 | JP Morgan | Downgrade | Overweight → Neutral | — | $14.51 | $14.30 | -1.4% | -7.9% | +1.9% | -1.3% | -2.4% | +6.1% |
| Dec 4 | Macquarie | Maintains | Outperform → Outperform | — | $12.93 | $12.82 | -0.9% | +10.4% | -0.8% | +8.8% | -5.7% | -7.9% |
| Nov 27 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $9.56 | $10.70 | +11.9% | +29.7% | +9.0% | -6.6% | +2.5% | +10.4% |
| Nov 27 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $9.56 | $10.70 | +11.9% | +29.7% | +9.0% | -6.6% | +2.5% | +10.4% |
| Nov 27 | Canaccord Genuity | Maintains | Buy → Buy | — | $9.56 | $10.70 | +11.9% | +29.7% | +9.0% | -6.6% | +2.5% | +10.4% |
| Oct 30 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $10.55 | $10.21 | -3.2% | -2.2% | -11.6% | -0.8% | -6.0% | +5.1% |
| Oct 3 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $7.80 | $7.64 | -2.1% | +0.5% | +10.7% | -3.8% | -3.6% | -6.7% |
| Sep 13 | B. Riley Securities | Maintains | Buy → Buy | — | $7.39 | $7.40 | +0.1% | +2.3% | +2.2% | +3.9% | -3.9% | +0.9% |
| Sep 3 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $7.91 | $7.78 | -1.6% | -12.8% | -2.6% | +0.7% | -4.9% | +10.7% |
| Aug 30 | Compass Point | Maintains | Buy → Buy | — | $8.52 | $8.55 | +0.4% | -7.2% | -12.8% | -2.6% | +0.7% | -4.9% |
| Aug 30 | Canaccord Genuity | Maintains | Buy → Buy | — | $8.52 | $8.55 | +0.4% | -7.2% | -12.8% | -2.6% | +0.7% | -4.9% |
| Aug 30 | Macquarie | Maintains | Outperform → Outperform | — | $8.52 | $8.55 | +0.4% | -7.2% | -12.8% | -2.6% | +0.7% | -4.9% |
No insider trades available.
8-K · 1.01
!! High
IREN Limited -- 8-K 1.01: Material Agreement
IREN secured financing agreements to fund GPU infrastructure acquisition for its Microsoft contract to provide dedicated GPU services at a Texas data center facility through May 2027.
Jun 1
8-K · 8.01
!! High
IREN Limited -- 8-K 8.01: Material Event / Announcement
May 12
8-K · 2.02
!! High
IREN Limited -- 8-K 2.02: Earnings Results
IREN Limited held a conference call on May 7, 2026 to discuss Q1 2026 financial results, providing investors with updates on the company's operational performance and financial condition.
May 11
8-K · 8.01
!! High
IREN Limited -- 8-K 8.01: Material Event / Announcement
IREN Limited is issuing convertible notes to qualified institutional buyers with an option for underwriters to purchase an additional $300 million, expanding potential capital raise capacity.
May 11
8-K · 2.02
!! High
IREN Limited -- 8-K 2.02: Earnings Results
IREN Limited released Q1 2026 earnings results on May 7, 2026, showing financial performance for the three months ended March 31, 2026.
May 8
8-K · 8.01
!! High
IREN Limited -- 8-K 8.01: Material Event / Announcement
IREN Limited established an amended at-market offering agreement with six underwriters including B. Riley Securities and Citigroup, enabling flexible equity issuance to raise capital.
Mar 4
8-K · 1.01
!! High
IREN Limited -- 8-K 1.01: Material Agreement
IREN Limited's subsidiary IE CA Leasing entered into purchase agreements with Dell Canada Inc., potentially expanding the company's equipment leasing operations in the Canadian market.
Mar 4
8-K
IREN Limited -- 8-K Filing
IREN secured $3.6bn in GPU financing for its Microsoft contract, targeting $3.4bn annual recurring revenue by end-2026 and expanding its data center capacity with a new 1.6GW Oklahoma campus.
Feb 5
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 14,702,166 | $555M | Added | Dec 2025 |
| 2 | Situational Awareness Partners Lp | 11,698,835 | $401M | New | Mar 2026 |
| 3 | Situational Awareness Lp | 11,698,835 | $401M | New | Mar 2026 |
| 4 | Citigroup Inc | 9,878,625 | $373M | Added | Dec 2025 |
| 5 | Bit Capital Gmbh | 6,527,102 | $224M | Reduced | Mar 2026 |
| 6 | D.e. Shaw & Co | 6,433,607 | $221M | Reduced | Mar 2026 |
| 7 | Jane Street Group, Llc | 5,593,971 | $211M | Reduced | Dec 2025 |
| 8 | Value Aligned Research Advisors, Llc | 4,767,607 | $163M | New | Mar 2026 |
| 9 | Marex Group Plc | 3,918,746 | $134M | Reduced | Mar 2026 |
| 10 | Cantor Fitzgerald, L. P. | 3,469,904 | $131M | New | Dec 2025 |
| 11 | Ubs Group Ag | 3,685,114 | $126M | Added | Mar 2026 |
| 12 | Two Sigma Investments, Lp | 2,864,882 | $98M | Added | Mar 2026 |
| 13 | Bank Of America Corp /de/ | 2,138,619 | $73M | Added | Mar 2026 |
| 14 | Capital Research Global Investors | 1,973,503 | $68M | Added | Mar 2026 |
| 15 | Citadel Advisors Llc | 1,765,514 | $61M | Added | Mar 2026 |
| 16 | Invesco Ltd. | 1,713,231 | $59M | Reduced | Mar 2026 |
| 17 | Jpmorgan Chase & Co | 1,851,480 | $59M | Added | Mar 2026 |
| 18 | Bank Of Montreal /can/ | 1,368,701 | $47M | Added | Mar 2026 |
| 19 | Millennium Management | 1,312,381 | $45M | Added | Mar 2026 |
| 20 | Wolverine Asset Management Llc | 1,234,751 | $42M | Reduced | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$13.39B
Enterprise Value
$13.78B
P/E (TTM)
174.02x
Forward P/E
112.39x
PEG Ratio
-0.15x
P/B
7.08x
P/S
17.68x
P/FCF
-11.88x
EV/EBITDA
28.91x
Shares Out
223.2M
Financials (TTM)
Revenue
$757.1M
Net Income
$76.9M
EBITDA
$476.8M
Free Cash Flow
-$1.13B
Op Cash Flow
$245.9M
EPS Basic
$0.41
EPS Diluted
$-0.27
EPS Forward
$0.53
Gross Margin
53.6%
Op Margin
-29.2%
Net Margin
10.2%
Balance Sheet
Total Assets
$2.94B
Total Liab.
$1.12B
Total Equity
$1.82B
Cash
$564.5M
LT Debt
$962.8M
Book Value/Sh
$8.47
Debt/Equity
0.53x
Current Ratio
4.29
Quick Ratio
4.29
Returns & Growth
ROE
-1.8%
ROA
-0.7%
ROIC
0.6%
Rev Growth YoY
+167.7%
EPS Growth YoY
+241.4%
Price Returns
2W
+8.8%
1M
+39.6%
3M
+55.2%
6M
+32.9%
12M
+657.3%
Technicals
52W High
$76.41
52W Low
$9.80
50d MA
$53.97
200d MA
$48.33
RSI (14)
45.70
ATR (14)
$5.28
Beta
4.31
Avg Volume
54.2M
Dividends
Div Rate
$0.00
Div Yield
—
Frequency
—
Ex-Div Date
—
Analyst Price Targets
Consensus
$75.57
High
$105.00
Low
$39.00
Median
$80.00
Data updated apr 25, 2026 4:13pm
· Source: financialmodelingprep.com