IREN Ltd. (IREN)

AU — Financial Services Sector
Peers:

Automate Your Wheel Strategy on IREN

With Tiblio's Option Bot, you can configure your own wheel strategy including IREN - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

Key Metrics & Ratings

  • symbol IREN
  • Rev/Share 2.3269
  • Book/Share 8.3901
  • PB 4.1841
  • Debt/Equity 0.5305
  • CurrentRatio 4.2932
  • ROIC 0.0058

 

  • MktCap 8461166091.0
  • FreeCF/Share -4.9725
  • PFCF -7.855
  • PE 87.4651
  • Debt/Assets 0.3279
  • DivYield 0
  • ROE 0.0615

 

  • Rating C+
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 2
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Resumed IREN Compass Point -- Buy -- -- Sept. 15, 2025
Downgrade IREN JP Morgan Overweight Neutral -- $16 July 28, 2025
Upgrade IREN JP Morgan Neutral Overweight $15 $12 March 13, 2025
Initiation IREN BTIG Research -- Buy -- $33 Dec. 20, 2024
Downgrade IREN JP Morgan Overweight Neutral $9.5 $15 Dec. 10, 2024
Initiation IREN ROTH MKM -- Buy -- $14 Oct. 2, 2024

News

The Big 4: OPEN, RKT, WULF, IREN
IREN, OPEN, RKT, WULF
Published: September 12, 2025 by: Schwab Network
Sentiment: Neutral

@Stockstotrade's Tim Bohen breaks the format of the Big 3 and gives us four stocks he believes investors need to watch. He says Opendoor (OPEN) still holds potential on a pullback despite its parabolic rally Thursday.

Read More
image for news The Big 4: OPEN, RKT, WULF, IREN
IREN Limited Jumps 208% Year to Date: Buy, Sell or Hold the Stock?
IREN
Published: September 10, 2025 by: Zacks Investment Research
Sentiment: Positive

IREN's bitcoin mining scale and fast-growing AI Cloud fuel a 207.5% YTD surge, but stretched valuation tempers the outlook.

Read More
image for news IREN Limited Jumps 208% Year to Date: Buy, Sell or Hold the Stock?
IREN: My New Favorite Crypto/AI Play
IREN
Published: September 03, 2025 by: Seeking Alpha
Sentiment: Positive

IREN Limited's AI pivot is accelerating, with a target of $200–$250 million in annualized AI Cloud revenue by December, driven by 10,900 Nvidia GPUs. Recent results were stellar: Q4 revenue hit $187.3M, full-year revenue grew 168%, and Bitcoin mining remains a cash machine. Valuation looks stretched with a 124% premium to sector sales multiples, so execution on AI ramp-up must be flawless to justify current prices.

Read More
image for news IREN: My New Favorite Crypto/AI Play
IREN Shares Jump 26% Despite Q4 Earnings Miss, Revenues Surge Q/Q
IREN
Published: September 03, 2025 by: Zacks Investment Research
Sentiment: Positive

IREN surges after Q4 results show strong bitcoin output, rapid AI cloud growth and ambitious GPU expansion plans.

Read More
image for news IREN Shares Jump 26% Despite Q4 Earnings Miss, Revenues Surge Q/Q
IREN: Major Inflection Point
IREN
Published: September 03, 2025 by: Seeking Alpha
Sentiment: Positive

IREN deserves a buy rating, given its strong revenue and improving profitability profile. The firm's Q4 2025 revenues surged 255% Y/Y, and IREN reported a positive quarter in terms of net income. Hyperscaler-driven investments in GPUs create long-term tailwinds for IREN's Data Center business.

Read More
image for news IREN: Major Inflection Point
IREN Is Up 186% YTD on AI Pivot—And It's Just Getting Started
IREN
Published: September 03, 2025 by: MarketBeat
Sentiment: Positive

Although IREN Limited NASDAQ: IREN is one of the best-performing stocks over the past 12 months, this mid-cap gem may be flying under the radar of many investors. And even those who know of IREN may not fully grasp the bullish opportunity.

Read More
image for news IREN Is Up 186% YTD on AI Pivot—And It's Just Getting Started
How IREN Stock Can Double To $50?
IREN
Published: September 02, 2025 by: Forbes
Sentiment: Positive

IREN Limited has evolved from a pure Bitcoin miner into a diversified AI cloud infrastructure player, posting over 150% year-to-date returns. With Bitcoin around $110,000 (+18% YTD) and IREN's pivot toward AI compute, could the stock double from here to surpass $50?

Read More
image for news How IREN Stock Can Double To $50?
Is Iren Limited Stock Still a Buy?
IREN
Published: September 01, 2025 by: The Motley Fool
Sentiment: Positive

Iren Limited (IREN 14.97%) has emerged as one of the most explosive growth stories of 2025, with shares surging 221% over the past six months and 68% in just the last 30 days. The company's $7.2 billion market cap might seem stretched for a business primarily known for Bitcoin mining just a year ago.

Read More
image for news Is Iren Limited Stock Still a Buy?
IREN Stock Is Climbing 21%. Here's How Nvidia Is Playing a Part.
IREN
Published: August 29, 2025 by: Barrons
Sentiment: Positive

The data-center company announces it is investing another $168 million in Nvidia chips.

Read More
image for news IREN Stock Is Climbing 21%. Here's How Nvidia Is Playing a Part.
Buy, Sell or Hold IREN Stock? Key Tips Ahead of Q4 Earnings
IREN
Published: August 27, 2025 by: Zacks Investment Research
Sentiment: Positive

IREN gears up for fiscal Q4 results with booming bitcoin revenues, rising AI Cloud growth, and major GPU expansion driving momentum.

Read More
image for news Buy, Sell or Hold IREN Stock? Key Tips Ahead of Q4 Earnings
IREN: Power, Cash Flow, Flexibility, Give It Leverage Over The Neo-Cloud Industry
IREN
Published: August 27, 2025 by: Seeking Alpha
Sentiment: Positive

I see IREN as a high-upside, favorable risk/reward play in AI and HPC, similar to early SuperMicro, with >100% upside potential. IREN's unique advantages—massive low-cost power contracts, strong cash flow from BTC mining, and operational flexibility—give it leverage over even the best neo-cloud companies like CRWV and NBIS. Despite a technical knowledge gap, IREN's profitability and power advantage should allow it to close the competency gap and achieve a much higher valuation.

Read More
image for news IREN: Power, Cash Flow, Flexibility, Give It Leverage Over The Neo-Cloud Industry
IREN Expands GPU Fleet With NVIDIA Blackwell: What's the Path Ahead?
IREN
Published: August 26, 2025 by: Zacks Investment Research
Sentiment: Positive

IREN doubles down on AI with 4.2k new NVIDIA GPUs, boosting its Prince George campus fleet and expanding next-gen compute capacity.

Read More
image for news IREN Expands GPU Fleet With NVIDIA Blackwell: What's the Path Ahead?
Strategy vs. IREN: Which Bitcoin-Focused Stock is a Buy Now?
IREN, MSTR
Published: August 22, 2025 by: Zacks Investment Research
Sentiment: Positive

The increasing acceptance of Bitcoin as a store of value benefits MSTR and IREN. Find out which stock is leading now.

Read More
image for news Strategy vs. IREN: Which Bitcoin-Focused Stock is a Buy Now?
IREN Limited Jumps 6% in a Month: Buy, Sell or Hold the Stock?
IREN
Published: August 21, 2025 by: Zacks Investment Research
Sentiment: Positive

IREN's bitcoin mining surge, AI Cloud growth, and new power projects fuel big stock gains despite valuation risks.

Read More
image for news IREN Limited Jumps 6% in a Month: Buy, Sell or Hold the Stock?
IREN: From Mining To Data Centers
IREN
Published: August 21, 2025 by: Seeking Alpha
Sentiment: Positive

IREN Limited uniquely combines high-margin Bitcoin mining with a strategic shift into green AI data centers, driving impressive 128% YoY growth. Ultra-low energy costs (3.3¢/kWh) provide a major competitive advantage in mining, fueling cash flow for aggressive data center expansion. Valuation appears high on a PS basis, but rapid revenue growth and future data center projects make IREN undervalued long-term.

Read More
image for news IREN: From Mining To Data Centers
Iren Limited: An AI, Crypto and Cloud Computing Stock
IREN
Published: August 15, 2025 by: Zacks Investment Research
Sentiment: Positive

Every so often, I come across a stock in my research that checks nearly every box I look for: innovation, growth, strong fundamentals, and technical momentum. Iren Limited ( IREN ) is one of those rare finds.

Read More
image for news Iren Limited: An AI, Crypto and Cloud Computing Stock
IREN Limited (IREN) Just Flashed Golden Cross Signal: Do You Buy?
IREN
Published: August 07, 2025 by: Zacks Investment Research
Sentiment: Positive

From a technical perspective, IREN Limited (IREN) is looking like an interesting pick, as it just reached a key level of support. IREN recently overtook the 20-day moving average, and this suggests a short-term bullish trend.

Read More
image for news IREN Limited (IREN) Just Flashed Golden Cross Signal: Do You Buy?
Missed Palantir? These 3 AI Stocks Offer Growth at a Reasonable Valuation
INOD, IREN, TSS
Published: July 30, 2025 by: 24/7 Wall Street
Sentiment: Positive

The artificial intelligence industry has been filled with top-performing stocks, but none of them have kept up with Palantir (NASDAQ:PLTR).

Read More
image for news Missed Palantir? These 3 AI Stocks Offer Growth at a Reasonable Valuation
Wall Street Analysts Believe IREN Limited (IREN) Could Rally 25.03%: Here's is How to Trade
IREN
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Positive

The mean of analysts' price targets for IREN Limited (IREN) points to a 25% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Read More
image for news Wall Street Analysts Believe IREN Limited (IREN) Could Rally 25.03%: Here's is How to Trade
Are You Looking for a Top Momentum Pick? Why IREN Limited (IREN) is a Great Choice
IREN
Published: July 28, 2025 by: Zacks Investment Research
Sentiment: Positive

Does IREN Limited (IREN) have what it takes to be a top stock pick for momentum investors? Let's find out.

Read More
image for news Are You Looking for a Top Momentum Pick? Why IREN Limited (IREN) is a Great Choice
IREN vs. NBIS: Which High-Growth Mid-Cap Stands Out Right Now?
IREN, NBIS
Published: July 25, 2025 by: 24/7 Wall Street
Sentiment: Positive

Momentum investors have a lot to dig through after an explosive tech-led surge from those now-distant Liberation Day lows.

Read More
image for news IREN vs. NBIS: Which High-Growth Mid-Cap Stands Out Right Now?
Top Cryptocurrency Stocks to Buy Amid Regulatory Tailwinds
CIFR, HOOD, IREN
Published: July 23, 2025 by: Zacks Investment Research
Sentiment: Positive

Here, we pick three stocks, IREN, CIFR and HOOD, which are well-poised to benefit from the growing proliferation of Bitcoin and other cryptocurrencies.

Read More
image for news Top Cryptocurrency Stocks to Buy Amid Regulatory Tailwinds
Can IREN Reach $24 Or Is It a Mirage?
IREN
Published: July 21, 2025 by: 24/7 Wall Street
Sentiment: Positive

Key Points in This Article: IREN's (IREN) Q3 revenue surged 172% to a record $148.1 million, with a $24.2 million profit, driven by efficient Bitcoin mining and a 98% margin AI cloud segment.

Read More
image for news Can IREN Reach $24 Or Is It a Mirage?
135 Public Companies That Hold Bitcoin — And Why It Matters
ARBK, ARLP, BITF, BKKT, BTBT, BTCM, CANG, CIFR, CLSK, COIN, CORZ, DGHI, DJT, GME, HIVE, HOOD, HUT, IREN, MARA, MELI, MSTR, NA, NCTY, RIOT, SMLR
Published: July 15, 2025 by: Schaeffers Research
Sentiment: Positive

Since the historic institutional pivot of 2020, Bitcoin has steadily made its way from fringe asset to mainstream corporate treasury tool.

Read More
image for news 135 Public Companies That Hold Bitcoin — And Why It Matters
Buy, Sell, Or Hold IREN Stock At $16?
IREN
Published: July 07, 2025 by: Forbes
Sentiment: Positive

IREN (NASDAQ:IREN) – a Bitcoin mining data center operator that utilizes renewable energy sources such as solar and wind – has witnessed an impressive stock increase of nearly 80% over the last month. This notable rise can be linked to several recent positive events:

Read More
image for news Buy, Sell, Or Hold IREN Stock At $16?
5 Crypto-Centric Stocks in Focus on Recent Positive Developments
COIN, HOOD, HUT, IREN, MARA
Published: June 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Crypto stocks COIN, HOOD, HUT, IREN, MARA rally as Trump's ceasefire deal, a new Senate bill to reduce SEC oversight and stablecoin bill fuel sector optimism.

Read More
image for news 5 Crypto-Centric Stocks in Focus on Recent Positive Developments
IREN May 2025 Monthly Update
IREN
Published: June 05, 2025 by: GlobeNewsWire
Sentiment: Neutral

SYDNEY, June 05, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for May 2025.

Read More
image for news IREN May 2025 Monthly Update
IREN Set to Report Q3 Earnings: What's in Store for the Stock?
IREN
Published: May 13, 2025 by: Zacks Investment Research
Sentiment: Positive

IREN Limited's third-quarter fiscal 2025 results benefit from higher bitcoin revenues.

Read More
image for news IREN Set to Report Q3 Earnings: What's in Store for the Stock?
IREN April 2025 Monthly Update
IREN
Published: May 06, 2025 by: GlobeNewsWire
Sentiment: Neutral

SYDNEY, May 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for April 2025.

Read More
image for news IREN April 2025 Monthly Update
2 Speculative AI Stocks Trading Under $20 to Buy in April
IREN, OPRA
Published: March 27, 2025 by: Zacks Investment Research
Sentiment: Positive

Diving into two beaten-down technology stocks that offer long-term exposure to artificial intelligence expansion.

Read More
image for news 2 Speculative AI Stocks Trading Under $20 to Buy in April

About IREN Ltd. (IREN)

  • IPO Date 2021-11-17
  • Website https://iren.com
  • Industry Financial - Capital Markets
  • CEO William Roberts
  • Employees 144

IREN Limited operates in the integrated data center business. It owns and operates data centers powered by renewable energy. Its grid-connected facilities are purpose-built for the power-dense computing applications. 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.