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IREN (IREN) Competitors

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$17.83 -0.14 (-0.78%)
Closing price 04:00 PM Eastern
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$17.84 +0.02 (+0.08%)
As of 05:12 PM Eastern
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IREN vs. BITF, CLSK, HIVE, HUT, MARA, RIOT, WF, COOP, CHYM, and ALLY

Should you be buying IREN stock or one of its competitors? The main competitors of IREN include Bitfarms (BITF), Cleanspark (CLSK), HIVE Digital Technologies (HIVE), Hut 8 (HUT), Marathon Digital (MARA), Riot Platforms (RIOT), Woori Bank (WF), Mr. Cooper Group (COOP), Chime Financial (CHYM), and Ally Financial (ALLY).

IREN vs. Its Competitors

IREN (NASDAQ:IREN) and Bitfarms (NASDAQ:BITF) are both banking companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, media sentiment, earnings, dividends, analyst recommendations, risk, valuation and institutional ownership.

IREN has higher earnings, but lower revenue than Bitfarms.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IREN$188.76M17.74-$28.95MN/AN/A
Bitfarms$192.88M3.67-$105.93M-$0.19-6.68

IREN has a beta of 3.98, suggesting that its share price is 298% more volatile than the S&P 500. Comparatively, Bitfarms has a beta of 3.5, suggesting that its share price is 250% more volatile than the S&P 500.

IREN has a net margin of -9.40% compared to Bitfarms' net margin of -40.09%. IREN's return on equity of -2.12% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
IREN-9.40% -2.12% -1.67%
Bitfarms -40.09%-12.70%-11.18%

In the previous week, IREN had 9 more articles in the media than Bitfarms. MarketBeat recorded 18 mentions for IREN and 9 mentions for Bitfarms. Bitfarms' average media sentiment score of 0.70 beat IREN's score of 0.60 indicating that Bitfarms is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IREN
6 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Bitfarms
1 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

41.1% of IREN shares are held by institutional investors. Comparatively, 20.6% of Bitfarms shares are held by institutional investors. 21.6% of IREN shares are held by insiders. Comparatively, 9.5% of Bitfarms shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

IREN currently has a consensus target price of $20.89, suggesting a potential upside of 17.16%. Bitfarms has a consensus target price of $3.95, suggesting a potential upside of 211.02%. Given Bitfarms' stronger consensus rating and higher probable upside, analysts plainly believe Bitfarms is more favorable than IREN.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IREN
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91
Bitfarms
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00

Summary

IREN beats Bitfarms on 11 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IREN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IREN vs. The Competition

MetricIRENUtilities IndustryFinance SectorNASDAQ Exchange
Market Cap$3.35B$13.68B$12.35B$9.83B
Dividend YieldN/A4.21%5.63%4.13%
P/E RatioN/A14.8319.5225.33
Price / Sales17.7432.7526.27104.15
Price / Cash159.7634.7518.2328.01
Price / Book3.052.582.245.87
Net Income-$28.95M-$1.32B$1.00B$265.22M
7 Day Performance8.39%-0.28%1.41%1.13%
1 Month Performance9.86%-0.80%1.31%2.45%
1 Year Performance135.22%17.82%544.67%27.99%

IREN Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IREN
IREN
3.6616 of 5 stars
$17.83
-0.8%
$20.89
+17.2%
+139.3%$3.35B$188.76M0.00100Gap Up
BITF
Bitfarms
2.6662 of 5 stars
$1.28
+0.8%
$3.95
+208.6%
-45.8%$708.09M$209.41M-6.74110
CLSK
Cleanspark
4.5887 of 5 stars
$10.72
-2.5%
$20.69
+93.0%
-13.9%$3.09B$378.97M-11.17130Trending News
Earnings Report
Analyst Revision
HIVE
HIVE Digital Technologies
2.7779 of 5 stars
$2.10
-0.9%
$6.67
+217.5%
-26.4%$484.08M$115.28M-5.8320
HUT
Hut 8
3.042 of 5 stars
$20.02
-3.2%
$26.12
+30.5%
+71.8%$2.16B$254.83M0.00219Trending News
Earnings Report
Analyst Forecast
Analyst Revision
Gap Up
MARA
Marathon Digital
4.0654 of 5 stars
$15.95
+0.4%
$24.22
+51.9%
-8.1%$5.89B$656.38M14.379
RIOT
Riot Platforms
3.0461 of 5 stars
$11.58
-0.7%
$17.33
+49.6%
+37.8%$4.31B$376.66M-26.93340
WF
Woori Bank
3.4508 of 5 stars
$54.66
+1.1%
N/A+65.5%$13.39B$12.73T6.8813,279News Coverage
COOP
Mr. Cooper Group
4.2378 of 5 stars
$185.88
-2.6%
$140.38
-24.5%
+107.0%$12.21B$2.23B21.277,900Positive News
CHYM
Chime Financial
N/A$33.86
+1.1%
$37.83
+11.7%
N/A$12.20BN/A0.001,465Earnings Report
Analyst Forecast
ALLY
Ally Financial
4.9432 of 5 stars
$36.96
-0.7%
$42.80
+15.8%
-8.1%$11.46B$8.18B24.0010,700Positive News
Analyst Revision

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This page (NASDAQ:IREN) was last updated on 8/12/2025 by MarketBeat.com Staff
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