Trending NewsTrending NewsNASDAQ:IREN IREN (IREN) Stock Price, News & Analysis $24.91 0.00 (0.00%) Closing price 10/23/2026 04:00 PM EasternExtended Trading$24.07 -0.84 (-3.37%) As of 07:03 AM 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. 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$24.88▼$26.4750-Day Range$24.91▼$48.5552-Week Range$24.85▼$76.87Volume38.65 million shsAverage Volume50.88 million shsMarket Capitalization$9.82 billionP/E RatioN/ADividend YieldN/APrice Target$80.79Consensus RatingModerate Buy Company Overview IREN Limited, formerly known as Iris Energy Limited, is a data center infrastructure company focused on bitcoin mining and high-performance computing. The company develops and operates data centers designed to support energy-intensive computing applications, including bitcoin mining and artificial intelligence (AI) cloud services. IREN’s operations are supported by company-owned electrical infrastructure, data centers and computing hardware. Its bitcoin mining business uses specialized application-specific integrated circuit (ASIC) machines, while its AI cloud offering is designed to provide access to advanced computing resources for AI development and other high-performance computing workloads. Founded in 2018 and headquartered in Sydney, Australia, IREN has developed data center operations in North America, including facilities in British Columbia, Canada, and Texas. The company emphasizes the use of renewable energy and long-term infrastructure development as part of its operating strategy. IREN is led by co-founder and Co-Chief Executive Officer Daniel Roberts.AI Generated. May Contain Errors. Read More IREN Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks68th Percentile Overall ScoreIREN MarketRank™: 3.408661629785 of 5 starsIREN scored higher than 68% of companies evaluated by MarketBeat, and ranked 256th out of 590 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 2.76, and is based on 1 strong buy rating, 15 buy ratings, 4 hold ratings, and 1 sell rating.Upside PotentialIREN has a consensus price target of $80.79, representing about 224.3% upside from its current price of $24.91.Amount of Analyst CoverageIREN has been the subject of 13 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 Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for IREN are expected to grow in the coming year, from ($0.24) to ($0.04) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IREN is -10.65, 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 -10.65, 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 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about IREN's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted21.82% of the float of IREN has been sold short.Short Interest Ratio / Days to CoverIREN has a short interest ratio ("days to cover") of 2.33, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in IREN has recently decreased by 1.73%, 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 Media2.6 / 5News Sentiment0.15 News SentimentIREN has a news sentiment score of 0.15. 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 0.47 average news sentiment score of Technology companies.News Coverage This WeekMarketBeat has tracked 40 news articles for IREN this week, compared to 8 articles on an average week.Search InterestOnly 259 people have searched for IREN on MarketBeat in the last 30 days. This is a decrease of -12% compared to the previous 30 days.MarketBeat Follows75 people have added IREN to their MarketBeat watchlist in the last 30 days. This is an increase of 159% 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 Insiders6.85% 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 HeadlinesNeocloud stocks fall as Elon Musk says more than 200 of them face 'guppy-level death'2 hours ago | cnbc.comBitcoin Stocks Worth Watching - October 23rd2 hours ago | americanbankingnews.comDo this before December or regret itPorter Stansberry believes President Trump will use the December G20 Summit in Miami to unveil a radical monetary reset tied to executive order 14241 - one he says could draw a sharp dividing line between prepared investors and those left behind. The last time America reset its money - under Nixon in the 1970s - it produced an average of 1,300 new millionaires per day for over 50 years. Stansberry's new documentary names a core group of assets he believes are positioned to surge as Trump's new dollar rolls out. Watch Porter Stansberry's full briefing and get his three steps to prepare before December.October 26 at 1:00 AM | Porter & Company (Ad)IREN Stock: Why Analysts Still See Over 200% Upside Despite This Week’s PlungeOctober 23 at 4:10 PM | tipranks.comThe AI Buildout Is Only 15% Complete—Here Is Where the Next Dollar Actually Goes (IREN)AI spending is less than 15% complete in Dan Ives' view, with NVIDIA, Palantir, Meta and the neoclouds anchoring a bull run he sees lasting 2 to 3 more years.October 21, 2026 | marketbeat.comMr. Wonderful’s Test for AI Data Center Stocks: Power, Permits, and Tenants (IREN)Kevin O'Leary expects 65% of announced data center projects to fail, making permitted, powered sites scarce. What that means for Bitzero, CoreWeave and IREN.October 19, 2026 | marketbeat.comThe AI Buildout Needs Power It Cannot Get: 4 Energy Stocks Already Have It (IREN)AI compute pricing is already slipping, and a Stansberry analyst sees better odds in four beaten-down energy stocks built around off-grid and geothermal power...October 15, 2026 | marketbeat.comIREN Limited's AI Pivot Gains Traction—But Can Its Data Centers Deliver?IREN's Q2 results revealed a new hyperscale AI deal, a $13 billion backlog, and major Microsoft and NVIDIA contracts as it shifts from crypto mining to AI data centers.October 14, 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 beginning of 2026. Since then, IREN stock has decreased by 34.0% and is now trading at $24.91. How were IREN's earnings last quarter? IREN Limited (NASDAQ:IREN) issued its earnings results on Friday, May, 8th. The company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.22) by $0.03. The business earned $144.80 million during the quarter, compared to analyst estimates 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 initial public offering 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 shareholders include Avaii Wealth Management LLC (0.05%), Blue Jean Financial LLC (0.02%), SBI Securities Co. Ltd. (0.02%) and Secure Asset Management LLC (0.02%). 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 NVIDIA (NVDA), Palantir Technologies (PLTR), Advanced Micro Devices (AMD), Micron Technology (MU), Nebius Group (NBIS), Rocket Lab (RKLB) and Broadcom (AVGO). Company Calendar Last Earnings5/08/2026Today10/25/2026Next 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. Yellow Zone (2w+) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 For the last 2 weeks, IREN's financial health has been in the Yellow 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$80.79 High Price Target$100.00 Low Price Target$40.00 Potential Upside/Downside+224.3%Consensus RatingModerate Buy Rating Score (0-4)2.76 Research Coverage21 Analysts Profitability EPS (Trailing Twelve Months)($2.34) Trailing P/E RatioN/A Forward P/E RatioN/A 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 / Sales13.88 Cash FlowN/A Price / Cash FlowN/A Book Value$11.01 per share Price / Book2.26Miscellaneous Outstanding Shares394,060,000Free Float367,066,000Market Cap$9.82 billion OptionableOptionable Beta4.26 The 7 Hottest IPO Stories of 2026MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.Get This Free Report This page (NASDAQ:IREN) was last updated on 10/23/2026 by MarketBeat.com Staff. From Our PartnersExecutive Order 14241 Unleashes Trump’s New DollarA landmark executive order, 14241, is reportedly set to reshape how Americans use money starting this December...Porter & Company | SponsoredFinancial legend: “This is bad, really bad...”Dr. Martin D. Weiss has publicly predicted six major American financial crashes over his 55-year career leadin...Weiss Ratings | SponsoredForget the AI predictions. Look at the incomeAI predictions are everywhere, but Tim Plaehn is focused on something concrete: income. 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