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IREN Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
49.840
Open
48.980
VWAP
48.38
Vol
30.82M
Mkt Cap
15.99B
Low
47.170
Amount
1.49B
EV/EBITDA(TTM)
--
Total Shares
332.28M
EV
19.61B
EV/OCF(TTM)
--
P/S(TTM)
--
IREN Limited is an Australia-based company, which owns and operates data centers powered by 100% renewable energy. Its facilities are optimized for Bitcoin mining, artificial intelligence (AI) cloud services, and other power-dense compute. Its data center mining facilities are in Canal Flats, Mackenzie, Prince George and Childress. Bitcoin Mining provides security to the Bitcoin network. Al Cloud Services provides cloud compute to Al customers, approximately 1,896 NVIDIA H100 and H200 GPUs. Its Canal Flats facility is in the Canadian Rockies, 100 kilometers (km) from Cranbrook regional airport and 500km east of Vancouver. Its facility is in Prince George, the city in northern British Columbia, located 500 km north of Vancouver. Its facility is located in Childress County, Texas, over 250 miles northwest of Dallas and in close proximity to multiple wind and solar generating facilities in the region. Its Childress operations comprise 200 Mega Watt of operating data centers.
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Events Timeline

(ET)
2026-04-13
14:10:00
Iris Energy Shares Rise 5.96% to $41.66
select
2026-04-07 (ET)
2026-04-07
15:10:00
Iris Energy Shares Down, Mixed Options Sentiment
select
2026-04-07
12:00:00
Coinbase Receives Federal Trust Charter, Price Target $350
select
2026-03-30 (ET)
2026-03-30
11:50:00
Bitmine Accumulates 71,179 Ether
select

News

NASDAQ.COM
4.5
04-17NASDAQ.COM
Historic Wall Street Rebound: $7 Trillion Added to Market Cap
  • Market Rebound: The U.S. stock market added $7 trillion in market cap over the past 16 days, marking a V-shaped recovery from the Iran war sell-off, demonstrating the market's robust rebound capacity and reflecting investor optimism for the future.
  • Historical Data Support: The S&P 500 rose 9.8% in the last 10 days, placing it in the 99.7th percentile of all 10-day returns since 1950, with historical data indicating an average return of 19% over the next 12 months, suggesting potential for continued market gains.
  • Investor Sentiment: Despite the stock market reaching all-time highs, bears still outweigh bulls according to the AAII Sentiment Survey, indicating a cautious attitude among investors that could impact future market trends.
  • Tech Stock Performance: Several AI-related stocks, including AMD and SKM, have emerged from multi-month base structures in recent weeks, suggesting a strong recovery in tech stocks that may further drive overall market growth.
stocktwits
8.5
04-15stocktwits
TeraWulf to Issue 47.4 Million Shares at $19 Each
  • Share Offering Details: TeraWulf plans to issue 47.4 million shares at $19 each, aiming for gross proceeds of $900 million, although this price is about 9% below the last closing price.
  • Market Reaction: Concerns over dilution led to WULF stock tumbling over 5% in overnight trading, reflecting negative investor sentiment towards the new share issuance.
  • Weak Financial Outlook: The company expects first-quarter revenue between $30 million and $35 million, falling short of the analyst estimate of $39.17 million, and adjusted core profit is also below Wall Street expectations.
  • Strategic Shift: TeraWulf is pivoting towards AI infrastructure, planning to use the proceeds from this offering to fund the construction of its new campus in Hawesville, Kentucky, and to reduce some debt, thereby enhancing future growth potential.
Fool
8.5
04-14Fool
Surge in AI Data Center Investments by Tech Giants
  • Massive Investment Scale: Amazon's announcement of a $25 billion investment in Mississippi for data centers, alongside Alphabet's $40 billion plan in Texas, underscores the increasing commitment of tech giants to AI data centers.
  • Project Delay Issues: Despite the influx of capital, half of U.S. data center projects face delays or cancellations due to supply shortages and reliance on Chinese imports, which not only hampers new developments but also enhances the value of existing data centers.
  • IREN's Energy Advantage: IREN has secured over 4.5 gigawatts of renewable energy for its AI data centers and signed a five-year, $9.7 billion agreement with Microsoft, showcasing its competitive edge in energy procurement and likely attracting more contracts from tech giants.
  • Nebius's Growth Potential: Nebius expects to exceed 3 gigawatts of contracted power by the end of 2026 and aims for $9 billion in annual recurring revenue, with a recent $27 billion contract with Meta Platforms further solidifying its market position in the AI sector.
stocktwits
6.0
04-14stocktwits
BofA Raises NBIS Price Target to $175 Amid Cloud Expansion
  • Price Target Increase: Bank of America raised Nebius Group's (NBIS) price target from $150 to $175, reflecting its strong market position demonstrated by massive contracts with Microsoft and Meta worth $17.4 billion and $27 billion, respectively, further validating its role as a core supplier in the global AI infrastructure ecosystem.
  • Surge in Market Interest: Over the past month, message volume for NBIS and Iren surged by 1,300% and 1,000%, respectively, indicating strong retail investor interest, particularly as Iren pivots from Bitcoin mining to AI infrastructure, creating a bullish sentiment around both stocks.
  • Strong Stock Performance: NBIS gained 1.6% in early premarket trading on Tuesday, while Iren rose nearly 3%, with both stocks achieving seven consecutive sessions of gains, reflecting investor confidence in their growth potential amid rising AI-driven cloud demand.
  • Investor Focus: Analysts emphasize that Iren's nearly $10 billion deal with Microsoft for computing capacity will be crucial for future contracts, with market attention on its delivery capabilities, as investors await tangible progress in data center expansion to shift the narrative and reduce its valuation discount relative to peers.
Fool
5.0
04-08Fool
Iren's AI Infrastructure Potential Could Explode
  • Market Potential: Iren is viewed as potentially one of the most explosive AI infrastructure stories in the market, showcasing its strong growth potential in future technology sectors and attracting widespread investor interest.
  • Execution Risks: Despite the optimistic outlook, Iren's success hinges on a build-out that is far from complete, and this execution risk could impact its market performance, necessitating cautious evaluation by investors.
  • High Valuation Levels: Currently, Iren's stock is trading at a premium valuation, which exposes its price to greater adjustment risks amid market fluctuations, prompting investors to consider potential market corrections.
  • Positive Market Reaction: As of March 31, 2026, Iren's stock price increased by 4.25%, reflecting a positive market response to its AI infrastructure strategy and indicating investor confidence in its future development.
NASDAQ.COM
5.0
04-08NASDAQ.COM
Iren: The Potential and Risks of AI Infrastructure
  • Market Potential: Iren is considered one of the most explosive AI infrastructure stories, yet its success hinges on a build-out that is far from complete, indicating a mix of significant upside and execution risk.
  • Valuation Challenges: Despite Iren's premium valuation, the stock remains hard to ignore, reflecting market expectations for future growth alongside concerns about current execution capabilities, which may influence investor decisions.
  • Competitive Landscape: Dubbed an 'Indispensable Monopoly', Iren provides critical technology needed by Nvidia and Intel, highlighting its importance in the AI infrastructure sector, but it also faces fierce market competition.
  • Investment Advice: While Iren holds substantial potential, The Motley Fool's analyst team did not include it in their current list of top investment stocks, advising investors to exercise caution in their decision-making.
Wall Street analysts forecast IREN stock price to rise
12 Analyst Rating
Wall Street analysts forecast IREN stock price to rise
8 Buy
2 Hold
2 Sell
Moderate Buy
Current: 0.000
sliders
Low
39.00
Averages
80.40
High
136.00
Current: 0.000
sliders
Low
39.00
Averages
80.40
High
136.00
Cantor Fitzgerald
Overweight
downgrade
$82 -> $61
AI Analysis
2026-04-09
Reason
Cantor Fitzgerald
Price Target
$82 -> $61
AI Analysis
2026-04-09
downgrade
Overweight
Reason
Cantor Fitzgerald lowered the firm's price target on Iren to $61 from $82 and keeps an Overweight rating on the shares. The firm believes the world is heading toward the proliferation of AI across nearly every business, sector, and economy and in that context it sees AI infrastructure as "an attractive place to invest," given that investors are somewhat agnostic to which AI app or AI model emerges victorious. The firm envisions a persistent supply/demand imbalance for the next five-plus years that caters to pricing remaining strong, the analyst tells investors.
Freedom Capital
Hold
initiated
$36
2026-04-01
Reason
Freedom Capital
Price Target
$36
2026-04-01
initiated
Hold
Reason
Freedom Capital initiated coverage of Iren with a Hold rating and $36 price target. Though the firm sees potential upside in the stock to $43 within the next two years as the company completely converts its crypto mining capacity to serving AI customers, that could be a lengthier process than has been promised and one that adds execution risk, the analyst tells investors. The firm prefers other covered names among neoclouds and their supporting companies, at least for now, the analyst added.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for IREN
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Valuation Metrics

The current forward P/E ratio for IREN Ltd (IREN.O) is 62.50, compared to its 5-year average forward P/E of -51.12. For a more detailed relative valuation and DCF analysis to assess IREN Ltd's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-51.12
Current PE
62.50
Overvalued PE
562.79
Undervalued PE
-665.03

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
14.16
Current EV/EBITDA
-12.72
Overvalued EV/EBITDA
43.23
Undervalued EV/EBITDA
-14.91

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.94
Current PS
5.36
Overvalued PS
7.49
Undervalued PS
0.39

Financials

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Whales Holding IREN

C
Castleknight Management LP
Holding
IREN
+32.60%
3M Return
V
Value Aligned Research Advisors, LLC
Holding
IREN
+28.60%
3M Return
G
Graham Capital Management, L.P.
Holding
IREN
+13.85%
3M Return
B
Bg Fund Management Luxembourg S.A.
Holding
IREN
+13.15%
3M Return
C
Cushing Asset Management, LP
Holding
IREN
+13.04%
3M Return
C
Cantor Fitzgerald Asset Management
Holding
IREN
+12.28%
3M Return

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Frequently Asked Questions

What is IREN Ltd (IREN) stock price today?

The current price of IREN is 48.12 USD — it has increased 0.88

What is IREN Ltd (IREN)'s business?

IREN Limited is an Australia-based company, which owns and operates data centers powered by 100% renewable energy. Its facilities are optimized for Bitcoin mining, artificial intelligence (AI) cloud services, and other power-dense compute. Its data center mining facilities are in Canal Flats, Mackenzie, Prince George and Childress. Bitcoin Mining provides security to the Bitcoin network. Al Cloud Services provides cloud compute to Al customers, approximately 1,896 NVIDIA H100 and H200 GPUs. Its Canal Flats facility is in the Canadian Rockies, 100 kilometers (km) from Cranbrook regional airport and 500km east of Vancouver. Its facility is in Prince George, the city in northern British Columbia, located 500 km north of Vancouver. Its facility is located in Childress County, Texas, over 250 miles northwest of Dallas and in close proximity to multiple wind and solar generating facilities in the region. Its Childress operations comprise 200 Mega Watt of operating data centers.

What is the price predicton of IREN Stock?

Wall Street analysts forecast IREN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IREN is80.40 USD with a low forecast of 39.00 USD and a high forecast of 136.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is IREN Ltd (IREN)'s revenue for the last quarter?

IREN Ltd revenue for the last quarter amounts to 184.69M USD, increased 59.02

What is IREN Ltd (IREN)'s earnings per share (EPS) for the last quarter?

IREN Ltd. EPS for the last quarter amounts to -0.52 USD, increased 420.00

How many employees does IREN Ltd (IREN). have?

IREN Ltd (IREN) has 257 emplpoyees as of April 19 2026.

What is IREN Ltd (IREN) market cap?

Today IREN has the market capitalization of 15.99B USD.