IREN IREN Ltd

P/E --
Forward P/E 136.99
Price/Sales 13.71
Beta 4.271
Div Yield --
Market Cap --

Company Analysis

Latest News

IREN Clears a Key Texas Grid Hurdle for Its Massive Data Center — but Can the Stock Justify a 34% Rally in Five Days?

IREN Clears a Key Texas Grid Hurdle for Its Massive Data Center — but Can the Stock Justify a 34% Rally in Five Days?

Shares of IREN surged +10.1% to $49.20 Tuesday after the company announced its 2-gigawatt Sweetwater Hub in West Texas was conditionally designated as a "Base...

🟢 IREN is trading 10% up today after Sweetwater Hub’s conditional Base Load designation

IREN is trading at $49.20 (+10.12%) after its 2GW Sweetwater Hub was conditionally included as a Base Load resource in ERCOT’s Batch Zero process. - The...

IREN Advances 2GW Texas Data Center Hub, Securing ERCOT Base Load Status

IREN Advances 2GW Texas Data Center Hub, Securing ERCOT Base Load Status

IREN Limited (NASDAQ: IREN) announced its 2-gigawatt Sweetwater Hub in Texas has been conditionally included as a Base Load resource. The designation occurred...

🟢 IREN is trading 5% up today on sharply higher AI cloud pricing

IREN is trading 5% up now at $46.93 after investors responded to sharply higher AI cloud pricing and intense demand. - Contract discussions are around $25...

IREN's AI Cloud Pricing Surges Amid Intense Demand

IREN's AI Cloud Pricing Surges Amid Intense Demand

IREN Ltd. has seen a dramatic increase in its AI cloud service pricing due to overwhelming demand for computing power. The company reported that current...

Bernstein Analyst Reaffirms Bullish $100 Price Target for IREN

Bernstein Analyst Reaffirms Bullish $100 Price Target for IREN

Bernstein analyst Gautam Chhugani reaffirmed a Buy rating and a $100 price target on Iris Energy (IREN), suggesting significant upside from current levels....

IREN EPS Estimates Crater 126%, Following Costly AI Pivot

IREN EPS Estimates Crater 126%, Following Costly AI Pivot

Analysts slashed fiscal year 2027 consensus earnings per share (EPS) estimates for IREN Ltd. following its latest quarterly report. The consensus forecast...

🟢 IREN is trading 4.03% up today on renewed AI-cloud infrastructure interest

IREN is trading 4.03% up now at $43.33 as renewed interest in AI-cloud infrastructure drives buying across Bitcoin-linked data-center operators. - Recent...

🟢 IREN is trading 4.1% up today after Citizens reiterated its Market Outperform rating

IREN is trading 4.1% up at $38.34 after Citizens reiterated its Market Outperform rating and $80 price target on September 2, 2026. - The analyst cited IREN’s...

IREN Targets $80, Citizens Backs Pivot From Bitcoin to AI

IREN Targets $80, Citizens Backs Pivot From Bitcoin to AI

Citizens reiterated its Market Outperform rating and $80.00 price target for IREN Ltd. The firm’s outlook hinges on the company’s strategic transition from...

🔴 IREN is trading 4.7% down today amid revenue miss and $684 million net loss

IREN is trading at $35.36 (-4.73%) amid investor concern over its recent earnings revenue miss and $684 million net loss. - The S&P 500 is down 0.66% and...

🟢 IREN is trading 4.8% up today after August 28 selloff

IREN is trading 4.8% up at $37.16, rebounding during the August 31, 2026 session after falling 12.53% to $35.45 on August 28. - Available coverage attributes...

IREN stock rallies, ruling out massive equity raise for AI expansion

IREN stock rallies, ruling out massive equity raise for AI expansion

IREN shares rose after a volatile day as co-CEO Daniel Roberts addressed the company’s fiscal 2027 capital expenditure plan. The plan involves spending between...

IREN Secures $2.4 Billion for NVIDIA Blackwell GPUs, Scaling AI Cloud Capacity

IREN Secures $2.4 Billion for NVIDIA Blackwell GPUs, Scaling AI Cloud Capacity

IREN secured a $2.4 billion financing package led by Blue Owl Capital. The financing consists of a $1.2 billion senior secured term loan and $1.2 billion in...

Compass Point Lowers IREN Price Target to $85, Cites 2027 Capacity Ramp

Compass Point Lowers IREN Price Target to $85, Cites 2027 Capacity Ramp

Compass Point lowered its price target for IREN Ltd. (NASDAQ:IREN) from $105 to $85. The firm maintained its "Buy" rating on the data center and AI cloud...

🔴 IREN is trading 10.1% down today after quarterly revenue miss and substantial loss

IREN is trading 10.08% down now at $36.45 after fiscal fourth-quarter revenue missed expectations and the company reported a substantial loss tied partly to...

🔴 IREN is trading 6.4% down today after revenue miss and $684 million loss

IREN is trading 6.4% down at $37.92 after its August 27 earnings report. - Fourth-quarter revenue was $137.2 million, below estimates, while the $684 million...

IREN's $684 Million Loss Marks the Cost of Ditching Bitcoin for AI — But Can the Pivot Pay Off Fast Enough?

IREN's $684 Million Loss Marks the Cost of Ditching Bitcoin for AI — But Can the Pivot Pay Off Fast Enough?

Shares of IREN tumbled 7.1% to $37.65 after the former Bitcoin miner's fiscal fourth-quarter report revealed a jarring headline: revenue of $137.2 million —...

🔴 IREN is trading 7.8% down in pre-market after revenue miss and $684 million loss

IREN is trading 7.8% down now at $37.65 after August 27 results showed revenue below consensus and a $684 million loss. - Fourth-quarter revenue was $137.2...

🔴 IREN is trading 5% down in after-hours trading after revenue miss and Bitcoin-mining hardware impairments

IREN is trading 4.96% down now at $38.52 after fiscal fourth-quarter revenue missed estimates and the company reported a substantial loss tied largely to...