/IREN
IREN Stock - IREN Limited
Financial Services|Financial - Capital MarketsNASDAQ
$39.92+11.51%
+$4.12 (+11.51%) • Dec 19
60
GoAI Score
GoAI Score
Weighted average: Momentum (25%) + Sentiment (35%) + Risk (20%) + Value (20%). ≥70 = BUY, ≤35 = SELL.HOLD
Medium Confidence
Momentum
Momentum Score
Based on price vs 50-day MA (40%), 200-day MA (40%), and MA crossover (20%). Higher = stronger uptrend.60
Sentiment
Sentiment Score
Based on analyst price target upside. 50 = neutral, 100 = very bullish (25%+ upside expected).100
Risk Score
Risk Score
Based on stock beta (volatility). Higher score = lower risk. Red (<40) = high volatility, Green (>60) = stable.0
Price Target
Price Target
Average analyst price target from the last quarter. Shows expected upside/downside from current price.+108.2%upside
Target: $83.11
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ENTRY ZONE$39.52 – $40.32
TARGET (TP)$83.10
STOP LOSS$36.73
RISK/REWARD1:13.5
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Price Chart
Financial Statements
Revenue & Profitability Trend
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Revenue
Net Income (Profit)
Net Loss
Key Metrics
Market CapN/A
P/E RatioN/A
Beta4.24
52W High$76.87
52W Low$5.13
Avg VolumeN/A
Income Statement (Fiscal Year)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $501.02M | $187.19M | $75.51M | $59.04M | $7.90M |
| Gross Profit | $342.03M | $100.13M | $36.09M | $51.59M | $5.68M |
| Gross Margin | 68.3% | 53.5% | 47.8% | 87.4% | 71.9% |
| Operating Income | $17.33M | $-27,234,000 | $-157,241,000 | $307,000 | $-524,000 |
| Net Income | $86.94M | $-28,920,000 | $-171,827,000 | $-419,770,000 | $-60,390,000 |
| Net Margin | 17.4% | -15.4% | -227.6% | -711.0% | -764.6% |
| EPS | $0.41 | $-0.29 | $-3.14 | $-10.25 | $-1.14 |
Company Overview
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.
Visit WebsiteRating Distribution
Strong Buy
0%
Buy / Outperform
11
61%
Hold / Neutral
6
33%
Sell / Underperform
1
6%
Analyst Consensus🟡 Mixed
11 Bullish7 Neutral/Bearish
Price Targets
$22
Average Target
↓ 45.2% Downside
Now
$3
Low
$22
Average
$80
High
Based on 21 analysts
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 18th 2025 | Goldman | Initiation | Neutral | $39 |
| November 19th 2025 | Citizens JMP | Initiation | Mkt Outperform | $80 |
| October 29th 2025 | H.C. Wainwright | Downgrade | Sell | $45 |
| September 26th 2025 | JP Morgan | Downgrade | Underweight | $24 |
| September 24th 2025 | Arete | Initiation | Buy | $78 |
| September 15th 2025 | Compass Point | Resumed | Buy | - |
| July 28th 2025 | JP Morgan | Downgrade | Neutral | $16 |
| March 13th 2025 | JP Morgan | Upgrade | Overweight | $12← $15 |
| December 20th 2024 | BTIG Research | Initiation | Buy | $33 |
| December 10th 2024 | JP Morgan | Downgrade | Neutral | $15← $9.5 |
| October 2nd 2024 | ROTH MKM | Initiation | Buy | $14 |
| September 4th 2024 | Needham | Initiation | Hold | - |
| July 10th 2024 | Bernstein | Initiation | Outperform | $26 |
| June 11th 2024 | Cantor Fitzgerald | Resumed | Overweight | $23 |
| October 11th 2023 | JP Morgan | Upgrade | Overweight | $6.5← $6 |
Earnings History & Surprises
IRENBeat Rate
27%
Last 15 quarters
Avg Surprise
-223.0%
EPS vs Estimate
Beats / Misses
4/11
Last 12 quarters
Latest EPS
$-0.34
Q4 2025
EPS Surprise History
Q1 24
-358.1%
$-0.07vs$0.03
Q2 24
+40.0%
$0.07vs$0.05
Q3 24
-1105.4%
$-0.27vs$-0.02
Q4 24
-214.3%
$-0.22vs$-0.07
Q1 25
+325.0%
$0.09vs$-0.04
Q2 25
-35.3%
$0.11vs$0.17
Q3 25
-54.7%
$0.08vs$0.18
Q4 25
-326.8%
$-0.34vs$0.15
Beat Estimate
Missed Estimate
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 12, 2026 | — | — | — | — |
Q1 2026 | Feb 11, 2026 | — | — | — | — |
Q4 2025 | Nov 6, 2025 | $0.15 | $-0.34 | -326.8% | ✗ MISS |
Q3 2025 | Aug 28, 2025 | $0.18 | $0.08 | -54.7% | ✗ MISS |
Q2 2025 | May 14, 2025 | $0.17 | $0.11 | -35.3% | ✗ MISS |
Q1 2025 | Feb 12, 2025 | $-0.04 | $0.09 | +325.0% | ✓ BEAT |
Q4 2024 | Nov 26, 2024 | $-0.07 | $-0.22 | -214.3% | ✗ MISS |
Q3 2024 | Aug 28, 2024 | $-0.02 | $-0.27 | -1105.4% | ✗ MISS |
Q2 2024 | May 15, 2024 | $0.05 | $0.07 | +40.0% | ✓ BEAT |
Q1 2024 | Feb 15, 2024 | $0.03 | $-0.07 | -358.1% | ✗ MISS |
Q4 2023 | Dec 27, 2023 | $0.02 | $-0.08 | -475.5% | ✗ MISS |
Q3 2023 | Sep 13, 2023 | $-0.17 | $-0.12 | +27.9% | ✓ BEAT |
Q2 2023 | Jun 28, 2023 | $-0.26 | $-0.05 | +80.8% | ✓ BEAT |
Q1 2023 | Feb 15, 2023 | $-0.13 | $-0.73 | -461.5% | ✗ MISS |
Q4 2022 | Dec 31, 2022 | — | $-2.71 | — | — |
Q3 2022 | Sep 13, 2022 | $0.08 | $0.04 | -50.0% | ✗ MISS |
Q2 2022 | May 11, 2022 | $0.20 | $-0.05 | -125.0% | ✗ MISS |
Q1 2022 | Feb 9, 2022 | $0.17 | $-0.87 | -611.8% | ✗ MISS |
Q4 2021 | Nov 18, 2021 | — | $-8.62 | — | — |
Q2 2021 | Jun 30, 2021 | — | $-1.05 | — | — |
Latest News
Goldman Sachs Initiates Coverage On IREN with Neutral Rating, Announces Price Target of $39
➖ NeutralBenzinga•Dec 18, 2025, 11:17 AM
IREN shares are trading higher after the company announced a convertible notes offering.
➖ NeutralBenzinga•Dec 3, 2025, 05:13 PM
IREN Announced The Pricing Of A Registered Direct Offering Of 39,699,102 Ordinary Shares At A Price Of $41.12 Per Share To A Limited Number Of Purchasers
➖ NeutralBenzinga•Dec 3, 2025, 11:06 AM
IREN Announced The Pricing Of Its Offering Of $1B Aggregate Principal Amount Of 0.25% Convertible Senior Notes Due 2032 And $1B Aggregate Principal Amount Of 1.00% Convertible Senior Notes Due 2033
➖ NeutralBenzinga•Dec 3, 2025, 11:05 AM
IREN shares are trading lower after the company announced a registered direct offering of ordinary shares as well as $1 billion in convertible senior notes due 2032 and $1 billion in notes due 2033.
📉 NegativeBenzinga•Dec 2, 2025, 01:31 PM
Market-Moving News for December 2nd
➖ NeutralBenzinga•Dec 2, 2025, 12:12 PM•Also: ,
IREN shares are trading lower after the company announced a registered direct offering of ordinary shares as well as $1 billion in convertible senior notes due 2032 and $1 billion in notes due 2033.
📉 NegativeBenzinga•Dec 1, 2025, 09:30 PM
IREN Announces Its Intention To Commence A Registered Direct Offering Of Ordinary Shares To A Limited Number Of Purchasers
➖ NeutralBenzinga•Dec 1, 2025, 09:26 PM
IREN Announces $1B Aggregate Principal Amount Of Convertible Senior Notes Due 2032 And $1B Aggregate Principal Amount Of Convertible Senior Notes Due 2033 In A Private Offering To Persons Reasonably Believed To Be Qualified Institutional Buyers
➖ NeutralBenzinga•Dec 1, 2025, 09:25 PM
IREN Limited shares are trading higher. JP Morgan maintained its Underweight rating on the stock and raised price target from $28 to $39.
📈 PositiveBenzinga•Nov 24, 2025, 06:57 PM
JP Morgan Maintains Underweight on IREN, Raises Price Target to $39
➖ NeutralBenzinga•Nov 24, 2025, 03:13 PM
IREN stock has given up its prior gain. IREN shares were trading higher after Citizens initiated coverage on the stock with a Market Outperform rating and announced an $80 price target.
➖ NeutralBenzinga•Nov 19, 2025, 04:32 PM•Also:
Shares of crypto-linked stocks are trading higher after a recent decline.
📈 PositiveBenzinga•Nov 18, 2025, 05:12 PM•Also: , ,
HC Wainwright & Co. Maintains Sell on IREN, Raises Price Target to $56
📈 PositiveBenzinga•Nov 7, 2025, 07:40 PM
IREN shares are trading lower after the company reported Q1 financial results. Also, Cantor Fitzgerald maintained an Overweight rating on the stock but lowered its price target from $142 to $136.
📉 NegativeBenzinga•Nov 7, 2025, 06:53 PM
Cantor Fitzgerald Maintains Overweight on IREN, Lowers Price Target to $136
➖ NeutralBenzinga•Nov 7, 2025, 03:56 PM
IREN stock has given up its prior gain. IREN shares were trading higher after the company reported better-than-expected Q1 financial results.
➖ NeutralBenzinga•Nov 6, 2025, 10:01 PM
IREN shares are trading higher after the company reported better-than-expected Q1 financial results.
📈 PositiveBenzinga•Nov 6, 2025, 09:31 PM
Iris Energy Q1 EPS $1.08 Beats $0.14 Estimate, Sales $240.295M Beat $235.500M Estimate
📈 PositiveBenzinga•Nov 6, 2025, 09:24 PM
Iris Energy Q1 Sales $240.300M Beat $235.500M Estimate
📈 PositiveBenzinga•Nov 6, 2025, 09:00 PM
Frequently Asked Questions about IREN
What is IREN's current stock price?
IREN Limited (IREN) is currently trading at $39.92 per share. The stock has moved +11.51% today.
What is the analyst price target for IREN?
The average analyst price target for IREN is $83.10, based on 1 analyst.
What sector is IREN Limited in?
IREN Limited operates in the Financial Services sector, specifically within the Financial - Capital Markets industry. The company is traded on the NASDAQ exchange.
What is IREN's market cap?
IREN Limited has a market capitalization of $11.31 billion, making it a large-cap company.
Does IREN pay dividends?
No, IREN Limited does not currently pay a dividend to shareholders.
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