IREN Limited IREN
Nov 10, 2026, 3:00 PM EST
- YTD
- -48.91%
- 1 year
- -67.93%
- Market cap
- 8.20B
- Revenue (ttm)
- 695.01M
- Profit margin
- -194.33%
- EPS (ttm)
- -4.08
- Shares out
- 424.36M
- Forward P/E
- 79.30
- YTD return
- -48.91%
- 1-year return
- -67.93%
- Volume
- 54.56M
- Avg volume
- 49.88M
- Open
- 20.93
- Previous close
- 21.41
- Day's range
- 19.03 – 21.67
- 52-week range
- 18.03 – 67.84
- Beta
- 4.33
- Analysts
- Strong Buy
- Price target
- 57.21 (+196.5%)
- Earnings date
- Feb 4, 2027
5D -3.65 (-15.86%)
Key statistics
- Enterprise value
- 15.88B
- PEG ratio
- 3.11
- Price / sales
- 13.07
- Price / book
- 1.70
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- -5.00%
- Free cash flow
- -8.78B
- Total cash
- 3.52B
- Total debt
- 10.22B
- Return on equity
- -33.80%
- Short % of float
- 24.26%
- 50-day average
- 35.87
- 200-day average
- 43.55
Analyst view
Consensus: strong buy
- Target (low)
- 23.00
- Target (mean)
- 57.21
- Target (high)
- 139.00
- Strong buy2
- Buy13
- Hold5
- Sell0
- Strong sell0
Next earnings
Feb 4, 2027
Expected Feb 4, 2027. Consensus EPS estimate -0.71.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Feb 4, 2027 | Dec 30, 2026 | -0.71 | — | — | — |
| Nov 5, 2026 | Sep 30, 2026 | -0.72418 | -0.62 | +0.10 | +14.39% |
| Aug 27, 2026 | Jun 30, 2026 | -0.55092 | -1.89 | -1.34 | -243.06% |
| May 7, 2026 | Mar 31, 2026 | -0.21842 | -0.74 | -0.52 | -238.80% |
| Feb 5, 2026 | Dec 31, 2025 | -0.24178 | -0.52 | -0.28 | -115.07% |
| Nov 6, 2025 | Sep 30, 2025 | 0.1499 | 1.06 | +0.91 | +607.14% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Nov 9, 2026 | JP Morgan | main | Overweight | Overweight |
| Nov 6, 2026 | Macquarie | main | Outperform | Outperform |
| Nov 6, 2026 | Jones Trading | up | Hold | Buy |
| Nov 6, 2026 | HC Wainwright & Co. | main | Buy | Buy |
| Nov 6, 2026 | Cantor Fitzgerald | main | Overweight | Overweight |
| Nov 4, 2026 | Bernstein | main | Outperform | Outperform |
About IREN Limited
IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operates data centers, including the associated land, grid connections, and substations, as well as buildings and cooling. The company also owns and operates compute layers, such as GPUs, CPUs, storage, servers, and networking deployed within that data center infrastructure; and software layers comprising managed services and enterprise support that enables customers to deploy, operate, and manage AI workloads. In addition, it is involved in Bitcoin mining. Further, its division IREN Europe operates a planned AI data center in Badajoz, Spain that deliver approximately 300MW of capacity, including managed services to customers seeking greater choice over where their AI workloads run and how their data and infrastructure are managed in Europe. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. IREN Limited was incorporated in 2018 and is based in Sydney, Australia.
- Sector
- Financial Services
- Industry
- Capital Markets
- Country
- Australia
- Website
- iren.com
News
IREN Sinks 10% as Analyst Target Cuts Pile Up After Microsoft Delay; Cipher Digital Falls 6%, TeraWulf Slides 2% 
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JP Morgan Maintains Overweight on IREN, Lowers Price Target to $55 
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Consumer Tech (Oct 2-6): Big Earnings Dominate Headline, Meta, Google Face Political And Regulatory Pressure Over AI Expansion & More 
CoreWeave and IREN Stocks Face Pressure as Microsoft Reassesses Its Computing Deals 
IREN: I Tripled My Position After The Crash 
IREN Limited (NASDAQ:IREN) Stock Has Consensus Target Price of $69.54
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ALFRED MICHAEL | Director | Stock Award(Grant) | Jun 30, 2026 | 878,067 |
| BARTHOLOMEW DAVID JAMES | Director | Stock Award(Grant) | Jun 30, 2026 | 153,574 |
| GUZOWSKI CHRISTOPHER | Director | Stock Award(Grant) | Jun 30, 2026 | 45,825 |
| LEWIS ANTHONY J | Chief Financial Officer | Stock Award(Grant) | Jun 30, 2026 | 265,483 |
| NUCIFORA BELINDA | Chief Financial Officer | Stock Award(Grant) | Jun 30, 2025 | 349,798 |
| PARASURAMAN SUNITA | Director | Stock Award(Grant) | Jun 30, 2026 | 76,691 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Bank of America Corporation | 3.51% | 14,211,325 | 304.26M | Jun 29, 2026 |
| Blackrock Inc. | 3.29% | 13,315,152 | 285.08M | Jun 29, 2026 |
| Goldman Sachs Group Inc | 3.09% | 12,518,530 | 268.02M | Jun 29, 2026 |
| Citigroup Inc. | 3.06% | 12,391,699 | 265.31M | Sep 29, 2026 |
| Situational Awareness LP | 2.34% | 9,474,099 | 202.84M | Jun 29, 2026 |
| Value Aligned Research Advisors, LLC | 2.09% | 8,467,327 | 181.29M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| ALGER INSTITUTIONAL FUNDS-Alger Focus Equity Fund | 0.44% | 1,796,173 | 38.46M | Jul 30, 2026 |
| iShares Trust-iShares Russell Mid-Cap ETF | 0.35% | 1,433,619 | 30.69M | Sep 29, 2026 |
| Fidelity Salem Street Trust-Fidelity Mid Cap Index Fund | 0.33% | 1,334,921 | 28.58M | Sep 29, 2026 |
| Growth Fund of America | 0.27% | 1,072,580 | 22.96M | Sep 29, 2026 |
| Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF | 0.19% | 754,978 | 16.16M | Jun 29, 2026 |
| Bitwise Funds Trust-Bitwise Crypto Industry Innovators ETF | 0.19% | 788,281 | 16.88M | Jun 29, 2026 |