Go Pro

IREN (IREN) Competitors

IREN logo
$43.83 +0.19 (+0.44%)
Closing price 09/11/2026 04:00 PM Eastern
Extended Trading
$43.78 -0.05 (-0.10%)
As of 09/11/2026 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? IREN's main competitors and comparable companies include Bit Digital (BTBT), Cipher Mining (CIFR), Cleanspark (CLSK), HIVE Digital Technologies (HIVE), and Hut 8 (HUT). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "technology" sector.

How does IREN compare to Bit Digital?

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

IREN has a net margin of -99.38% compared to Bit Digital's net margin of -237.19%. Bit Digital's return on equity of -10.66% beat IREN's return on equity.

Company Net Margins Return on Equity Return on Assets
Bit Digital-237.19% -10.66% -6.81%
IREN -99.38%-15.46%-5.51%

In the previous week, IREN had 29 more articles in the media than Bit Digital. MarketBeat recorded 45 mentions for IREN and 16 mentions for Bit Digital. Bit Digital's average media sentiment score of 0.97 beat IREN's score of 0.42 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
1 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
IREN
11 Very Positive mention(s)
9 Positive mention(s)
17 Neutral mention(s)
6 Negative mention(s)
1 Very Negative mention(s)
Neutral

Bit Digital has a beta of 3.97, meaning that its stock price is 297% more volatile than the broader market. Comparatively, IREN has a beta of 4.28, meaning that its stock price is 328% more volatile than the broader market.

Bit Digital presently has a consensus price target of $4.38, indicating a potential upside of 175.16%. IREN has a consensus price target of $81.57, indicating a potential upside of 86.11%. Given Bit Digital's higher probable upside, equities 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)
3 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.71

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bit Digital$122.84M4.67-$80.32M-$1.06N/A
IREN$707.01M24.43-$702.62M-$2.34N/A

Summary

IREN beats Bit Digital on 10 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 companies based on the strength of their dividends, risk, valuation, earnings, institutional ownership, analyst recommendations, profitability and media sentiment.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cipher Mining$191.09M36.60-$822.24M-$2.86N/A
IREN$707.01M24.43-$702.62M-$2.34N/A

Cipher Mining has a beta of 3.15, meaning that its stock price is 215% more volatile than the broader market. Comparatively, IREN has a beta of 4.28, meaning that its stock price is 328% more volatile than the broader market.

In the previous week, IREN had 28 more articles in the media than Cipher Mining. MarketBeat recorded 45 mentions for IREN and 17 mentions for Cipher Mining. Cipher Mining's average media sentiment score of 0.79 beat IREN's score of 0.42 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
6 Very Positive mention(s)
4 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
IREN
11 Very Positive mention(s)
9 Positive mention(s)
17 Neutral mention(s)
6 Negative mention(s)
1 Very Negative mention(s)
Neutral

IREN has a net margin of -99.38% compared to Cipher Mining's net margin of -585.75%. IREN's return on equity of -15.46% beat Cipher Mining's return on equity.

Company Net Margins Return on Equity Return on Assets
Cipher Mining-585.75% -156.28% -21.29%
IREN -99.38%-15.46%-5.51%

Cipher Mining currently has a consensus target price of $28.61, suggesting a potential upside of 69.80%. IREN has a consensus target price of $81.57, suggesting a potential upside of 86.11%. Given IREN's higher possible upside, analysts clearly 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)
3 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.71

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 hedge funds, endowments and large money managers 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?

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IREN$707.01M24.43-$702.62M-$2.34N/A
Cleanspark$679.25M5.17$364.46M-$3.77N/A

In the previous week, IREN had 34 more articles in the media than Cleanspark. MarketBeat recorded 45 mentions for IREN and 11 mentions for Cleanspark. IREN's average media sentiment score of 0.42 beat Cleanspark's score of 0.36 indicating that IREN is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IREN
11 Very Positive mention(s)
9 Positive mention(s)
17 Neutral mention(s)
6 Negative mention(s)
1 Very Negative mention(s)
Neutral
Cleanspark
4 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

IREN currently has a consensus price target of $81.57, suggesting a potential upside of 86.11%. Cleanspark has a consensus price target of $23.88, suggesting a potential upside of 74.72%. Given IREN's higher probable upside, research analysts plainly believe IREN is more favorable than Cleanspark.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IREN
2 Sell rating(s)
3 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.71
Cleanspark
1 Sell rating(s)
1 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.88

IREN has a net margin of -99.38% compared to Cleanspark's net margin of -146.90%. IREN's return on equity of -15.46% beat Cleanspark's return on equity.

Company Net Margins Return on Equity Return on Assets
IREN-99.38% -15.46% -5.51%
Cleanspark -146.90%-18.63%-8.15%

IREN has a beta of 4.28, meaning that its share price is 328% more volatile than the broader market. Comparatively, Cleanspark has a beta of 3.84, meaning that its share price is 284% more volatile than the broader market.

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

Summary

IREN beats Cleanspark on 12 of the 16 factors compared between the two stocks.

How does IREN compare to HIVE Digital Technologies?

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

41.1% of IREN shares are owned by institutional investors. Comparatively, 24.4% of HIVE Digital Technologies shares are owned by institutional investors. 5.0% of IREN shares are owned by insiders. Comparatively, 9.4% of HIVE Digital Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IREN$707.01M24.43-$702.62M-$2.34N/A
HIVE Digital Technologies$331.30M2.50-$148.45M-$1.29N/A

IREN currently has a consensus price target of $81.57, suggesting a potential upside of 86.11%. HIVE Digital Technologies has a consensus price target of $6.95, suggesting a potential upside of 129.37%. Given HIVE Digital Technologies' higher possible upside, analysts clearly believe HIVE Digital Technologies is more favorable than IREN.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IREN
2 Sell rating(s)
3 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.71
HIVE Digital Technologies
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63

In the previous week, IREN had 38 more articles in the media than HIVE Digital Technologies. MarketBeat recorded 45 mentions for IREN and 7 mentions for HIVE Digital Technologies. HIVE Digital Technologies' average media sentiment score of 0.58 beat IREN's score of 0.42 indicating that HIVE Digital Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IREN
11 Very Positive mention(s)
9 Positive mention(s)
17 Neutral mention(s)
6 Negative mention(s)
1 Very Negative mention(s)
Neutral
HIVE Digital Technologies
3 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

IREN has a beta of 4.28, suggesting that its share price is 328% more volatile than the broader market. Comparatively, HIVE Digital Technologies has a beta of 3.75, suggesting that its share price is 275% more volatile than the broader market.

HIVE Digital Technologies has a net margin of -98.49% compared to IREN's net margin of -99.38%. IREN's return on equity of -15.46% beat HIVE Digital Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
IREN-99.38% -15.46% -5.51%
HIVE Digital Technologies -98.49%-31.98%-23.71%

Summary

IREN beats HIVE Digital Technologies on 10 of the 17 factors compared between the two stocks.

How does IREN compare to Hut 8?

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

IREN has a net margin of -99.38% compared to Hut 8's net margin of -188.59%. Hut 8's return on equity of -0.97% beat IREN's return on equity.

Company Net Margins Return on Equity Return on Assets
Hut 8-188.59% -0.97% -0.36%
IREN -99.38%-15.46%-5.51%

Hut 8 currently has a consensus target price of $144.89, indicating a potential upside of 46.95%. IREN has a consensus target price of $81.57, indicating a potential upside of 86.11%. Given IREN's higher possible upside, analysts plainly believe IREN is more favorable than Hut 8.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hut 8
1 Sell rating(s)
0 Hold rating(s)
17 Buy rating(s)
3 Strong Buy rating(s)
3.05
IREN
2 Sell rating(s)
3 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.71

Hut 8 has a beta of 4.51, indicating that its stock price is 351% more volatile than the broader market. Comparatively, IREN has a beta of 4.28, indicating that its stock price is 328% more volatile than the broader market.

In the previous week, IREN had 29 more articles in the media than Hut 8. MarketBeat recorded 45 mentions for IREN and 16 mentions for Hut 8. Hut 8's average media sentiment score of 1.18 beat IREN's score of 0.42 indicating that Hut 8 is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hut 8
10 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
IREN
11 Very Positive mention(s)
9 Positive mention(s)
17 Neutral mention(s)
6 Negative mention(s)
1 Very Negative mention(s)
Neutral

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hut 8$317.95M38.22-$226.15M-$5.45N/A
IREN$707.01M24.43-$702.62M-$2.34N/A

Summary

Hut 8 beats IREN on 11 of the 17 factors compared between the two stocks.

Get IREN News Delivered to You Automatically

Sign up to receive the latest news and ratings for IREN and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. 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.

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.
Skip Chart

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.
Skip Chart

IREN vs. The Competition

MetricIRENSoftware IndustryTechnology SectorNASDAQ Exchange
Market Cap$17.27B$15.43B$29.67B$12.73B
Dividend YieldN/A3.43%2.75%11.15%
P/E Ratio-18.73138.4276.3425.29
Price / Sales24.431,286.78588.6999.10
Price / CashN/A45.1247.5051.44
Price / Book3.988.347.706.20
Net Income-$702.62M$434.47M$703.71M$358.50M
7 Day Performance-1.90%-1.94%-1.07%-2.35%
1 Month Performance0.37%-0.99%-3.64%-2.77%
1 Year Performance29.06%-0.11%180.37%7.64%

IREN Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IREN
IREN
4.0226 of 5 stars
$43.83
+0.4%
$81.57
+86.1%
+33.4%$17.27B$707.01MN/A685
BTBT
Bit Digital
3.3877 of 5 stars
$1.37
-4.5%
$5.13
+275.5%
-45.9%$492.26M$113.56MN/A10
CIFR
Cipher Mining
3.107 of 5 stars
$14.64
-5.5%
$28.61
+95.4%
+69.0%$6.07B$223.94MN/A10
CLSK
Cleanspark
3.3022 of 5 stars
$11.01
-5.2%
$23.88
+116.9%
+34.0%$2.82B$766.31MN/A130
HIVE
HIVE Digital Technologies
3.6449 of 5 stars
$2.65
-4.9%
$6.95
+162.8%
-10.4%$725.47M$297.79MN/A20

Related Companies and Tools


This page (NASDAQ:IREN) was last updated on 9/12/2026 by MarketBeat.com Staff.
From Our Partners