Trending NewsTrending NewsNASDAQ:IREN IREN (IREN) Stock Price, News & Analysis $48.20 +0.97 (+2.04%) As of 11:51 AM Eastern This is a fair market value price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About IREN Stock (NASDAQ:IREN) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get IREN alerts:Sign Up Key Stats Today's Range$46.83▼$49.3550-Day Range$29.31▼$47.2352-Week Range$28.93▼$76.87Volume17.28 million shsAverage Volume42.61 million shsMarket Capitalization$18.99 billionP/E RatioN/ADividend YieldN/APrice Target$81.25Consensus RatingModerate Buy Company Overview IREN Limited, formerly known as Iris Energy Limited, is a data center infrastructure company focused on high-performance computing. The company develops and operates data centers powered by renewable energy and uses this infrastructure primarily for Bitcoin mining and, increasingly, artificial intelligence and other GPU-intensive cloud-computing applications. IREN designs, builds and operates its own data centers, providing access to electrical power, computing hardware and related infrastructure. Its business includes self-mining Bitcoin and developing cloud services that support artificial intelligence workloads, including applications requiring advanced graphics processing units. The company has positioned its platform to serve the growing demand for energy-efficient, high-capacity computing. Founded in 2018 and listed on the Nasdaq under the symbol IREN in 2021, the company has developed operations in North America, including data center sites in the United States and Canada. IREN was co-founded by Daniel Roberts, who serves as chief executive officer, and Will Roberts, who serves as chief operating officer. The company was rebranded from Iris Energy to IREN as it expanded its focus beyond cryptocurrency mining and into broader computing infrastructure.AI Generated. May Contain Errors. Read More IREN Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks82nd Percentile Overall ScoreIREN MarketRank™: IREN scored higher than 82% of companies evaluated by MarketBeat, and ranked 149th out of 593 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.4 / 5Analyst RatingModerate Buy Consensus RatingIREN has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 1 strong buy rating, 17 buy ratings, 4 hold ratings, and 1 sell rating.Upside PotentialIREN has a consensus price target of $81.25, representing about 66.4% upside from its current price of $48.82.Amount of Analyst CoverageIREN has been the subject of 15 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 and Valuation1.9 / 5Proj. Earnings Growth7,550.00% Earnings GrowthEarnings for IREN are expected to grow by 7,550.00% in the coming year, from $0.04 to $3.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IREN is -20.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of IREN is -20.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioIREN has a P/B Ratio of 4.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about IREN's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted25.01% of the float of IREN has been sold short.Short Interest Ratio / Days to CoverIREN has a short interest ratio ("days to cover") of 2.06, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in IREN has recently decreased by 0.67%, indicating that investor sentiment is improving. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldIREN does not currently pay a dividend.Dividend GrowthIREN does not have a long track record of dividend growth. News and Social Media2.8 / 5News Sentiment0.41 News SentimentIREN has a news sentiment score of 0.41. 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 0.55 average news sentiment score of Technology companies.News Coverage This WeekMarketBeat has tracked 49 news articles for IREN this week, compared to 9 articles on an average week.Search InterestOnly 289 people have searched for IREN on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.MarketBeat Follows69 people have added IREN to their MarketBeat watchlist in the last 30 days. This is an increase of 30% compared to the previous 30 days. Company Ownership0.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, IREN insiders have not sold or bought any company stock.Percentage Held by Insiders5.02% of the stock of IREN is held by insiders.Percentage Held by Institutions41.08% 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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Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. IREN Stock News HeadlinesIREN Shows Signs of Pricing Power, but Caution Is Warranted2 hours ago | tipranks.comNeocloud Stocks CoreWeave, Nebius, and IREN Fall Amid GPU Pricing Concerns2 hours ago | tipranks.comPass by August 7… or wait until 2027?Last month I told investors that a Trump-backed crypto bank could be approved any day. On August 14, it was. Federal regulators granted conditional approval to World Liberty Trust Company… a nationally chartered trust bank tied to the Trump family's crypto venture. Most investors still haven't processed what that means. This bank exists to do one thing. Issue, redeem, custody and back USD1… the stablecoin that has now crossed $4 billion in circulation. The bank isn't operating yet. There are conditions to satisfy first… capital minimums, an audit manager, a sign-off on the business plan. Which means the money hasn't moved yet.September 22 at 1:00 AM | Crypto 101 Media (Ad)Best Bitcoin Stocks To Add to Your Watchlist - September 20thSeptember 22 at 1:03 AM | americanbankingnews.comIREN Expands Its 5GW+ Pipeline: Can Execution Match Ambition?September 21 at 1:43 PM | finance.yahoo.comTop Bitcoin Stocks To Follow Now - September 18thSeptember 21 at 3:02 AM | americanbankingnews.comShort Sellers Are Betting Against 3 AI Infrastructure Stocks—What Could Turn the Tide? (IREN)Super Micro Computer, CoreWeave, and IREN all carry heavy short interest as investors weigh rapid AI infrastructure growth against margin, cash flow, and spending concerns.September 8, 2026 | marketbeat.comIREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After EarningsIREN's fiscal Q4 revenue fell year-over-year but beat estimates as AI cloud revenue surged, even as shares dropped and management pointed to 2029-2030 for sustained profitability.August 28, 2026 | marketbeat.comSee More Headlines IREN Stock Analysis - Frequently Asked Questions How have IREN shares performed this year? IREN's stock was trading at $37.77 at the start of the year. Since then, IREN stock has increased by 25.0% and is now trading at $47.23. How were IREN's earnings last quarter? IREN Limited (NASDAQ:IREN) released its quarterly earnings results on Friday, May, 8th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by $0.03. The business earned $144.80 million during the quarter, compared to the consensus estimate of $219.69 million. IREN had a negative trailing twelve-month return on equity of 15.46% and a negative net margin of 99.38%. Read the conference call transcript. When did IREN IPO? IREN (IREN) raised $215 million in an IPO on Wednesday, November 17th 2021. The company issued 8,269,231 shares at a price of $25.00-$27.00 per share. Who are IREN's major shareholders? IREN's top institutional investors include Situational Awareness LP (2.65%), California State Teachers Retirement System (0.13%), JW Asset Management LLC (0.04%) and FirstWave Capital Management LLC (0.03%). Insiders that own company stock include Daniel John Roberts and Christopher Guzowski. View institutional ownership trends. How do I buy shares of IREN? 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. What other stocks do shareholders of IREN own? 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 Earnings5/08/2026Today9/22/2026Next Earnings (Estimated)11/05/2026Fiscal Year End6/30/2027Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (3w+) 1-Year History Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 For the last 3 weeks, IREN's financial health has been in the Green zone, according to TradeSmith. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorTechnology Industry Software Sub-IndustryApplication Software Current SymbolNASDAQ:IREN Previous SymbolNASDAQ:IREN CIK1878848 Webiren.com Phone61-2-7906-8301FaxN/AEmployees685Year FoundedN/APrice Target and Rating Average Price Target for IREN$81.25 High Price Target$100.00 Low Price Target$40.00 Potential Upside/Downside+68.4%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage23 Analysts Profitability EPS (Trailing Twelve Months)($2.34) Trailing P/E RatioN/A Forward P/E Ratio1,206.03 P/E GrowthN/ANet Income-$702.62 million Net Margins-99.38% Pretax Margin-100.24% Return on Equity-15.46% Return on Assets-5.51% Debt Debt-to-Equity Ratio1.80 Current Ratio3.55 Quick Ratio3.55 Sales & Book Value Annual Sales$707.01 million Price / Sales26.89 Cash FlowN/A Price / Cash FlowN/A Book Value$11.01 per share Price / Book4.38Miscellaneous Outstanding Shares394,060,000Free Float374,277,000Market Cap$19.01 billion OptionableOptionable Beta4.28 Options Trading Made Easy - Download NowLearn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.Get This Free Report This page (NASDAQ:IREN) was last updated on 9/22/2026 by MarketBeat.com Staff. From Our PartnersThe Shiller CAPE ratio now sits above 41. Before the 1929 crash, it was 32.6.The Shiller CAPE ratio now sits above 41 a level seen only once before, near the peak of the dot-com bubble. 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