IREN (IREN) to Post Earnings on Thursday

Key Points

• IREN is expected to report Q4 2026 results after market close on August 27. Analysts forecast a loss of $0.554 per share and revenue of approximately $130.1 million.
• AI infrastructure momentum is accelerating: Microsoft accepted IREN’s first “Horizon 1” delivery under its $9.7 billion agreement, with three additional phases planned for 2026.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $83, compared with IREN’s recent share price of $42.84; institutional investors own 41.08% of the company.

IREN (NASDAQ:IREN - Get Free Report) will likely be issuing its Q4 2026 results after the market closes on Thursday, August 27th. Analysts expect the company to announce earnings of ($0.5540) per share and revenue of $130.0840 million for the quarter. Investors can find conference call details on the company's upcoming Q4 2026 earning overview page for the latest details on the call scheduled for Thursday, August 27, 2026 at 5:00 PM ET.

IREN Price Performance

IREN stock opened at $42.84 on Thursday. IREN has a 12 month low of $17.22 and a 12 month high of $76.87. The stock's 50 day moving average is $43.84 and its 200-day moving average is $45.88. The company has a current ratio of 3.72, a quick ratio of 3.72 and a debt-to-equity ratio of 1.44. The company has a market capitalization of $15.31 billion, a price-to-earnings ratio of 89.25 and a beta of 4.29.

Analysts Set New Price Targets

IREN has been the subject of several recent research reports. Cantor Fitzgerald boosted their price target on IREN from $77.00 to $99.00 and gave the company an "overweight" rating in a research note on Thursday, May 28th. HC Wainwright lifted their target price on IREN from $85.00 to $90.00 and gave the stock a "buy" rating in a report on Wednesday, July 22nd. The Goldman Sachs Group reissued a "neutral" rating on shares of IREN in a report on Monday, July 20th. JPMorgan Chase & Co. boosted their target price on shares of IREN from $39.00 to $46.00 and gave the company an "underweight" rating in a research report on Monday, May 11th. Finally, Canaccord Genuity Group restated a "buy" rating and issued a $79.00 price target on shares of IREN in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $83.00.

Key Stories Impacting IREN

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Microsoft approves first AI delivery: Microsoft accepted IREN’s “Horizon 1” phase, converting part of the company’s $9.7 billion AI infrastructure agreement into delivered capacity. Three additional phases are planned for 2026, improving visibility into future deployment and revenue. Iren delivers first phase of AI capacity to Microsoft in Texas
• Positive Sentiment: AI-cloud momentum is strengthening: Recent coverage highlights $2.8 billion in new AI-cloud contracts and the Horizon 1 acceptance, supporting the view that IREN’s AI business is scaling and could become a larger contributor to growth. IREN Gains 11.7% in the Past Month as AI Cloud Momentum Accelerates
• Positive Sentiment: Investor attention is rising: The Microsoft milestone has sharpened the market’s focus on IREN’s AI pivot and helped sustain recent upward momentum in the shares. What's going on with IREN stock Wednesday?

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in IREN. Corient Private Wealth LLC acquired a new stake in IREN during the 4th quarter worth approximately $220,000. Axxcess Wealth Management LLC acquired a new position in IREN in the 4th quarter valued at approximately $622,000. Alpine Woods Capital Investors LLC acquired a new position in IREN in the 4th quarter valued at approximately $595,000. Mercer Global Advisors Inc. ADV raised its stake in shares of IREN by 52.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 17,926 shares of the company's stock valued at $681,000 after acquiring an additional 6,138 shares during the last quarter. Finally, Feynman Point Asset Management LLC bought a new position in shares of IREN during the fourth quarter valued at $629,000. Institutional investors and hedge funds own 41.08% of the company's stock.

About IREN

IREN Limited, formerly known as Iris Energy Limited, owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

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