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IREN (IREN) Competitors

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$36.80 0.00 (0.00%)
Closing price 07/31/2026 04:00 PM Eastern
Extended Trading
$36.61 -0.19 (-0.51%)
As of 07/31/2026 08:00 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.

IREN vs. BTBT, CIFR, CLSK, HIVE, and HUT

Should you buy IREN stock or one of its competitors? MarketBeat compares IREN with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with IREN include Bit Digital (BTBT), Cipher Mining (CIFR), Cleanspark (CLSK), HIVE Digital Technologies (HIVE), and Hut 8 (HUT).

How does IREN compare to Bit Digital?

Bit Digital (NASDAQ:BTBT) and IREN (NASDAQ:IREN) are both technology companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, risk, valuation, earnings, dividends, institutional ownership, profitability and analyst recommendations.

Bit Digital currently has a consensus target price of $5.13, suggesting a potential upside of 291.22%. IREN has a consensus target price of $82.71, suggesting a potential upside of 124.77%. Given Bit Digital's higher probable upside, research analysts clearly believe Bit Digital is more favorable than IREN.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bit Digital
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40
IREN
2 Sell rating(s)
4 Hold rating(s)
14 Buy rating(s)
1 Strong Buy rating(s)
2.67

In the previous week, IREN had 19 more articles in the media than Bit Digital. MarketBeat recorded 20 mentions for IREN and 1 mentions for Bit Digital. Bit Digital's average media sentiment score of 0.59 beat IREN's score of 0.46 indicating that Bit Digital is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bit Digital
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
IREN
4 Very Positive mention(s)
8 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

IREN has a net margin of 20.90% compared to Bit Digital's net margin of -145.39%. Bit Digital's return on equity of -8.44% beat IREN's return on equity.

Company Net Margins Return on Equity Return on Assets
Bit Digital-145.39% -8.44% -6.24%
IREN 20.90%-13.13%-6.03%

Bit Digital has a beta of 4.02, meaning that its stock price is 302% more volatile than the broader market. Comparatively, IREN has a beta of 4.29, meaning that its stock price is 329% more volatile than the broader market.

IREN has higher revenue and earnings than Bit Digital. Bit Digital is trading at a lower price-to-earnings ratio than IREN, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bit Digital$113.56M4.03-$80.32M-$0.68N/A
IREN$501.02M26.25$86.94M$0.4876.67

47.7% of Bit Digital shares are owned by institutional investors. Comparatively, 41.1% of IREN shares are owned by institutional investors. 2.0% of Bit Digital shares are owned by insiders. Comparatively, 5.0% of IREN shares are owned 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.

Summary

IREN beats Bit Digital on 13 of the 17 factors compared between the two stocks.

How does IREN compare to Cipher Mining?

Cipher Mining (NASDAQ:CIFR) and IREN (NASDAQ:IREN) are both technology companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, profitability, institutional ownership, risk, dividends, media sentiment, valuation and earnings.

Cipher Mining has a beta of 3.2, meaning that its stock price is 220% more volatile than the broader market. Comparatively, IREN has a beta of 4.29, meaning that its stock price is 329% more volatile than the broader market.

IREN has higher revenue and earnings than Cipher Mining. Cipher Mining is trading at a lower price-to-earnings ratio than IREN, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cipher Mining$223.94M40.77-$822.24M-$2.33N/A
IREN$501.02M26.25$86.94M$0.4876.67

In the previous week, Cipher Mining had 2 more articles in the media than IREN. MarketBeat recorded 22 mentions for Cipher Mining and 20 mentions for IREN. Cipher Mining's average media sentiment score of 0.88 beat IREN's score of 0.46 indicating that Cipher Mining is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cipher Mining
14 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
IREN
4 Very Positive mention(s)
8 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Cipher Mining currently has a consensus price target of $28.74, suggesting a potential upside of 28.74%. IREN has a consensus price target of $82.71, suggesting a potential upside of 124.77%. Given IREN's higher possible upside, analysts plainly believe IREN is more favorable than Cipher Mining.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cipher Mining
1 Sell rating(s)
1 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.89
IREN
2 Sell rating(s)
4 Hold rating(s)
14 Buy rating(s)
1 Strong Buy rating(s)
2.67

IREN has a net margin of 20.90% compared to Cipher Mining's net margin of -427.79%. IREN's return on equity of -13.13% beat Cipher Mining's return on equity.

Company Net Margins Return on Equity Return on Assets
Cipher Mining-427.79% -117.65% -24.68%
IREN 20.90%-13.13%-6.03%

12.3% of Cipher Mining shares are held by institutional investors. Comparatively, 41.1% of IREN shares are held by institutional investors. 3.1% of Cipher Mining shares are held by company insiders. Comparatively, 5.0% of IREN shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

IREN beats Cipher Mining on 11 of the 16 factors compared between the two stocks.

How does IREN compare to Cleanspark?

Cleanspark (NASDAQ:CLSK) and IREN (NASDAQ:IREN) are both technology companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, media sentiment, risk, valuation, dividends and earnings.

Cleanspark has a beta of 3.86, suggesting that its stock price is 286% more volatile than the broader market. Comparatively, IREN has a beta of 4.29, suggesting that its stock price is 329% more volatile than the broader market.

Cleanspark currently has a consensus price target of $23.35, suggesting a potential upside of 69.67%. IREN has a consensus price target of $82.71, suggesting a potential upside of 124.77%. Given IREN's higher probable upside, analysts clearly believe IREN is more favorable than Cleanspark.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cleanspark
1 Sell rating(s)
1 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.88
IREN
2 Sell rating(s)
4 Hold rating(s)
14 Buy rating(s)
1 Strong Buy rating(s)
2.67

IREN has a net margin of 20.90% compared to Cleanspark's net margin of -67.66%. Cleanspark's return on equity of 7.07% beat IREN's return on equity.

Company Net Margins Return on Equity Return on Assets
Cleanspark-67.66% 7.07% 3.77%
IREN 20.90%-13.13%-6.03%

43.1% of Cleanspark shares are held by institutional investors. Comparatively, 41.1% of IREN shares are held by institutional investors. 2.1% of Cleanspark shares are held by company insiders. Comparatively, 5.0% of IREN shares are held by company 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.

Cleanspark has higher revenue and earnings than IREN. Cleanspark is trading at a lower price-to-earnings ratio than IREN, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cleanspark$766.31M4.61$364.46M-$2.10N/A
IREN$501.02M26.25$86.94M$0.4876.67

In the previous week, Cleanspark had 2 more articles in the media than IREN. MarketBeat recorded 22 mentions for Cleanspark and 20 mentions for IREN. Cleanspark's average media sentiment score of 0.61 beat IREN's score of 0.46 indicating that Cleanspark is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cleanspark
7 Very Positive mention(s)
1 Positive mention(s)
11 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
IREN
4 Very Positive mention(s)
8 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Cleanspark and IREN tied by winning 8 of the 16 factors compared between the two stocks.

How does IREN compare to HIVE Digital Technologies?

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

In the previous week, IREN had 15 more articles in the media than HIVE Digital Technologies. MarketBeat recorded 20 mentions for IREN and 5 mentions for HIVE Digital Technologies. HIVE Digital Technologies' average media sentiment score of 0.64 beat IREN's score of 0.46 indicating that HIVE Digital Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
HIVE Digital Technologies
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
IREN
4 Very Positive mention(s)
8 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

HIVE Digital Technologies presently has a consensus target price of $6.95, indicating a potential upside of 145.74%. IREN has a consensus target price of $82.71, indicating a potential upside of 124.77%. Given HIVE Digital Technologies' higher possible upside, equities research analysts plainly believe HIVE Digital Technologies is more favorable than IREN.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
HIVE Digital Technologies
1 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60
IREN
2 Sell rating(s)
4 Hold rating(s)
14 Buy rating(s)
1 Strong Buy rating(s)
2.67

IREN has higher revenue and earnings than HIVE Digital Technologies. HIVE Digital Technologies is trading at a lower price-to-earnings ratio than IREN, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
HIVE Digital Technologies$297.79M2.55-$148.45M-$0.56N/A
IREN$501.02M26.25$86.94M$0.4876.67

24.4% of HIVE Digital Technologies shares are held by institutional investors. Comparatively, 41.1% of IREN shares are held by institutional investors. 5.0% of IREN shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

IREN has a net margin of 20.90% compared to HIVE Digital Technologies' net margin of -49.21%. IREN's return on equity of -13.13% beat HIVE Digital Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
HIVE Digital Technologies-49.21% -23.12% -20.33%
IREN 20.90%-13.13%-6.03%

HIVE Digital Technologies has a beta of 3.79, indicating that its stock price is 279% more volatile than the broader market. Comparatively, IREN has a beta of 4.29, indicating that its stock price is 329% more volatile than the broader market.

Summary

IREN beats HIVE Digital Technologies on 15 of the 17 factors compared between the two stocks.

How does IREN compare to Hut 8?

IREN (NASDAQ:IREN) and Hut 8 (NASDAQ:HUT) are both large-cap technology companies, but which is the better stock? We will compare the two companies based on the strength of their risk, analyst recommendations, institutional ownership, media sentiment, valuation, dividends, earnings and profitability.

IREN has a beta of 4.29, meaning that its stock price is 329% more volatile than the broader market. Comparatively, Hut 8 has a beta of 4.64, meaning that its stock price is 364% more volatile than the broader market.

IREN has a net margin of 20.90% compared to Hut 8's net margin of -109.77%. Hut 8's return on equity of -0.35% beat IREN's return on equity.

Company Net Margins Return on Equity Return on Assets
IREN20.90% -13.13% -6.03%
Hut 8 -109.77%-0.35%-0.22%

IREN presently has a consensus price target of $82.71, suggesting a potential upside of 124.77%. Hut 8 has a consensus price target of $137.20, suggesting a potential upside of 27.47%. Given IREN's higher possible upside, analysts clearly believe IREN is more favorable than Hut 8.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IREN
2 Sell rating(s)
4 Hold rating(s)
14 Buy rating(s)
1 Strong Buy rating(s)
2.67
Hut 8
1 Sell rating(s)
0 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.89

IREN has higher revenue and earnings than Hut 8. Hut 8 is trading at a lower price-to-earnings ratio than IREN, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IREN$501.02M26.25$86.94M$0.4876.67
Hut 8$235.12M51.54-$226.15M-$3.00N/A

41.1% of IREN shares are held by institutional investors. Comparatively, 31.8% of Hut 8 shares are held by institutional investors. 5.0% of IREN shares are held by insiders. Comparatively, 10.4% of Hut 8 shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

In the previous week, Hut 8 had 19 more articles in the media than IREN. MarketBeat recorded 39 mentions for Hut 8 and 20 mentions for IREN. Hut 8's average media sentiment score of 0.99 beat IREN's score of 0.46 indicating that Hut 8 is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IREN
4 Very Positive mention(s)
8 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hut 8
15 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Hut 8 beats IREN on 9 of the 17 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

MetricIRENSoftware IndustryTechnology SectorNASDAQ Exchange
Market Cap$13.15B$14.53B$28.15B$12.47B
Dividend YieldN/A3.44%2.77%10.03%
P/E Ratio76.67130.8779.7824.53
Price / Sales26.251,294.11597.0892.74
Price / Cash50.4640.6845.0546.71
Price / Book5.237.887.606.07
Net Income$86.94M$436.09M$662.12M$348.34M
7 Day Performance-0.73%1.88%0.79%0.09%
1 Month Performance-5.20%-2.32%-4.58%-5.17%
1 Year Performance138.96%6.92%148.05%18.61%

IREN Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IREN
IREN
3.4279 of 5 stars
$36.80
flat
$82.71
+124.8%
+139.0%$13.15B$501.02M76.67100
BTBT
Bit Digital
3.14 of 5 stars
$1.27
-6.3%
$5.13
+305.1%
-51.8%$441.73M$116.38MN/A10
CIFR
Cipher Mining
3.5076 of 5 stars
$19.04
-12.0%
$28.44
+49.4%
+352.7%$7.79B$223.94MN/A10
CLSK
Cleanspark
3.6271 of 5 stars
$12.76
-9.0%
$22.48
+76.2%
+31.8%$3.27B$739.88MN/A130
HIVE
HIVE Digital Technologies
2.7587 of 5 stars
$2.75
-6.9%
$6.95
+153.4%
+39.4%$725.92M$297.79MN/A20

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This page (NASDAQ:IREN) was last updated on 8/3/2026 by MarketBeat.com Staff.
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