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IREN (IREN) Stock Price, News & Analysis

IREN logo
$52.94 -5.46 (-9.35%)
Closing price 05/15/2026 04:00 PM Eastern
Extended Trading
$52.61 -0.33 (-0.62%)
As of 05/15/2026 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About IREN Stock (NASDAQ:IREN)

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Key Stats

Today's Range
$52.86
$56.79
50-Day Range
$31.62
$61.20
52-Week Range
$7.85
$76.87
Volume
48.50 million shs
Average Volume
51.56 million shs
Market Capitalization
$18.92 billion
P/E Ratio
110.29
Dividend Yield
N/A
Price Target
$71.77
Consensus Rating
Moderate Buy

Company Overview

IREN Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
69th Percentile Overall Score

IREN MarketRank™: 

IREN scored higher than 69% of companies evaluated by MarketBeat, and ranked 494th out of 887 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    IREN has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on no strong buy ratings, 13 buy ratings, 4 hold ratings, and 2 sell ratings.

  • Upside Potential

    IREN has a consensus price target of $71.77, representing about 35.6% upside from its current price of $52.94.

  • Amount of Analyst Coverage

    IREN has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about IREN's stock forecast and price target.
  • Earnings Growth

    Earnings for IREN are expected to grow in the coming year, from ($1.09) to $1.67 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of IREN is 110.29, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.80.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of IREN is 110.29, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 23.54.

  • Price to Book Value per Share Ratio

    IREN has a P/B Ratio of 7.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    18.49% of the float of IREN has been sold short.
  • Short Interest Ratio / Days to Cover

    IREN has a short interest ratio ("days to cover") of 1.63, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in IREN has recently decreased by 1.31%, indicating that investor sentiment is improving.
  • Dividend Yield

    IREN does not currently pay a dividend.

  • Dividend Growth

    IREN does not have a long track record of dividend growth.

  • News Sentiment

    IREN has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 56 news articles for IREN this week, compared to 13 articles on an average week.
  • Search Interest

    345 people have searched for IREN on MarketBeat in the last 30 days. This is an increase of 70% compared to the previous 30 days.
  • MarketBeat Follows

    113 people have added IREN to their MarketBeat watchlist in the last 30 days. This is an increase of 265% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, IREN insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    5.02% of the stock of IREN is held by insiders.

  • Percentage Held by Institutions

    41.08% of the stock of IREN is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about IREN's insider trading history.
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IREN Stock News Headlines

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IREN Stock Analysis - Frequently Asked Questions

IREN's stock was trading at $37.77 at the beginning of 2026. Since then, IREN stock has increased by 40.2% and is now trading at $52.94.

IREN Limited (NASDAQ:IREN) posted its earnings results on Friday, May, 8th. The company reported ($0.25) EPS for the quarter, missing analysts' consensus estimates of ($0.22) by $0.03. The firm had revenue of $144.80 million for the quarter, compared to the consensus estimate of $219.69 million. IREN had a net margin of 20.90% and a negative trailing twelve-month return on equity of 13.13%.
Read the conference call transcript
.

IREN (IREN) raised $215 million in an initial public offering (IPO) on Wednesday, November 17th 2021. The company issued 8,269,231 shares at a price of $25.00-$27.00 per share.

IREN's top institutional shareholders include Swiss National Bank (0.29%), Private Advisor Group LLC (0.24%), Sumitomo Mitsui Trust Group Inc. (0.18%) and Weiss Asset Management LP (0.18%).
View institutional ownership trends
.

Shares of IREN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that IREN investors own include Waste Connections (WCN), AUO (AUOTY), American Water Works (AWK), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

Last Earnings
5/08/2026
Today
5/17/2026
Fiscal Year End
6/30/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
Utilities - Diversified
Sub-Industry
Banking
Current Symbol
NASDAQ:IREN
Previous Symbol
NASDAQ:IREN
CIK
1878848
Fax
N/A
Employees
100
Year Founded
N/A

Price Target and Rating

High Price Target
$105.00
Low Price Target
$29.00
Potential Upside/Downside
+35.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
19 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.48
Trailing P/E Ratio
110.29
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$86.94 million
Net Margins
20.90%
Pretax Margin
20.76%
Return on Equity
-13.13%
Return on Assets
-6.03%

Debt

Debt-to-Equity Ratio
1.44
Current Ratio
3.72
Quick Ratio
4.96

Sales & Book Value

Annual Sales
$501.02 million
Price / Sales
37.76
Cash Flow
$0.73 per share
Price / Cash Flow
72.59
Book Value
$7.46 per share
Price / Book
7.10

Miscellaneous

Outstanding Shares
357,380,000
Free Float
339,439,000
Market Cap
$18.92 billion
Optionable
Optionable
Beta
4.17
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This page (NASDAQ:IREN) was last updated on 5/17/2026 by MarketBeat.com Staff.
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