IREN IREN Ltd

P/E --
Forward P/E 136.99
Price/Sales 19.4
Beta 4.271
Div Yield --
Market Cap --

Company Analysis

Latest News

🟢 IREN is trading 4.76% up in pre-market after the Federal Reserve’s September 16 rate hike

IREN is trading 4.76% up at $44.65 after a firmer pre-market session across U.S. equities, with risk appetite supported after the Federal Reserve’s September...

🟢 IREN is trading 4.23% up today alongside a 0.62% Nasdaq gain

IREN is trading 4.23% up now at $43.34, rebounding after September 15’s 3.68% decline alongside a 0.62% Nasdaq gain. - No new company-specific announcement...

🔴 IREN is trading 4.16% down today after CEO Daniel Roberts’s AI-compute supply warning

IREN is trading 4.16% down at $41.38 after investors reacted to CEO Daniel Roberts’s September 14 warning that high-bandwidth memory, data-center construction,...

IREN shares fall 5%, following CEO warnings of AI supply crunch

IREN shares fall 5%, following CEO warnings of AI supply crunch

IREN Ltd. (IREN) shares fell nearly 5% in premarket trading. The decline followed a September 14 warning from CEO Daniel Roberts regarding an artificial...

JPMorgan Flips From Bear to Bull on IREN — But Can a Former Bitcoin Miner Really Become an AI Cloud Giant?

JPMorgan Flips From Bear to Bull on IREN — But Can a Former Bitcoin Miner Really Become an AI Cloud Giant?

Shares shifted Monday as JPMorgan made a dramatic U-turn on IREN Ltd., upgrading the stock from its most bearish rating to its most bullish in a single leap....

IREN Jumps on JPMorgan Upgrade to Overweight, Citing Nvidia AI Partnership

IREN Jumps on JPMorgan Upgrade to Overweight, Citing Nvidia AI Partnership

JPMorgan upgraded IREN Ltd. from Underweight to Overweight on September 14, 2026. The bank raised its price target for the stock from $46 to $65. Analysts...

🔴 IREN is trading 4.2% down in pre-market amid risk-off macro sentiment

IREN is trading at $41.99, down 4.20%, mainly as risk-off macro sentiment weighs on markets. - No fresh company-specific announcement was found for September...

🔴 IREN is trading 4.2% down in pre-market amid Bitcoin and Ethereum declines

IREN is trading 4.2% down at $43.47 after Bitcoin fell 1.87% since the previous close and Ethereum declined 2.11%. - Technology-heavy Nasdaq futures weakened;...

IREN Clears a Key Texas Grid Hurdle for Its Massive Data Center — but Can the Stock Justify a 34% Rally in Five Days?

IREN Clears a Key Texas Grid Hurdle for Its Massive Data Center — but Can the Stock Justify a 34% Rally in Five Days?

Shares of IREN surged +10.1% to $49.20 Tuesday after the company announced its 2-gigawatt Sweetwater Hub in West Texas was conditionally designated as a "Base...

🟢 IREN is trading 10% up today after Sweetwater Hub’s conditional Base Load designation

IREN is trading at $49.20 (+10.12%) after its 2GW Sweetwater Hub was conditionally included as a Base Load resource in ERCOT’s Batch Zero process. - The...

IREN Advances 2GW Texas Data Center Hub, Securing ERCOT Base Load Status

IREN Advances 2GW Texas Data Center Hub, Securing ERCOT Base Load Status

IREN Limited (NASDAQ: IREN) announced its 2-gigawatt Sweetwater Hub in Texas has been conditionally included as a Base Load resource. The designation occurred...

🟢 IREN is trading 5% up today on sharply higher AI cloud pricing

IREN is trading 5% up now at $46.93 after investors responded to sharply higher AI cloud pricing and intense demand. - Contract discussions are around $25...

IREN's AI Cloud Pricing Surges Amid Intense Demand

IREN's AI Cloud Pricing Surges Amid Intense Demand

IREN Ltd. has seen a dramatic increase in its AI cloud service pricing due to overwhelming demand for computing power. The company reported that current...

Bernstein Analyst Reaffirms Bullish $100 Price Target for IREN

Bernstein Analyst Reaffirms Bullish $100 Price Target for IREN

Bernstein analyst Gautam Chhugani reaffirmed a Buy rating and a $100 price target on Iris Energy (IREN), suggesting significant upside from current levels....

IREN EPS Estimates Crater 126%, Following Costly AI Pivot

IREN EPS Estimates Crater 126%, Following Costly AI Pivot

Analysts slashed fiscal year 2027 consensus earnings per share (EPS) estimates for IREN Ltd. following its latest quarterly report. The consensus forecast...

🟢 IREN is trading 4.03% up today on renewed AI-cloud infrastructure interest

IREN is trading 4.03% up now at $43.33 as renewed interest in AI-cloud infrastructure drives buying across Bitcoin-linked data-center operators. - Recent...

🟢 IREN is trading 4.1% up today after Citizens reiterated its Market Outperform rating

IREN is trading 4.1% up at $38.34 after Citizens reiterated its Market Outperform rating and $80 price target on September 2, 2026. - The analyst cited IREN’s...

IREN Targets $80, Citizens Backs Pivot From Bitcoin to AI

IREN Targets $80, Citizens Backs Pivot From Bitcoin to AI

Citizens reiterated its Market Outperform rating and $80.00 price target for IREN Ltd. The firm’s outlook hinges on the company’s strategic transition from...

🔴 IREN is trading 4.7% down today amid revenue miss and $684 million net loss

IREN is trading at $35.36 (-4.73%) amid investor concern over its recent earnings revenue miss and $684 million net loss. - The S&P 500 is down 0.66% and...

🟢 IREN is trading 4.8% up today after August 28 selloff

IREN is trading 4.8% up at $37.16, rebounding during the August 31, 2026 session after falling 12.53% to $35.45 on August 28. - Available coverage attributes...