Iris Energy (IREN)

• Market cap: $1.8B
• 1 day: -1.35%
• 5 days: 16.59%
• 1 month: 39.30%
• 3 months: -38.43%
• 6 months: -22.46%
• Year to date: -23.42%
• 1 year: 64.48%
• 5 years: -67.24%
• 10 years: -67.24%
• Sector: Financials
• Industry: Capital Markets

About: IREN Ltd is engaged in data center business powering the future of Bitcoin, AI and beyond utilizing renewable energy.

Employees: 144

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

139% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 33

100% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]

74% more capital invested

Capital invested by funds: $508M [Q3] → $883M (+$375M) [Q4]

55% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 38

29% more funds holding

Funds holding: 142 [Q3] → 183 (+41) [Q4]

13.66% more ownership

Funds ownership: 31.94% [Q3] → 45.6% (+13.66%) [Q4]

3% more call options, than puts

Call options by funds: $360M | Put options by funds: $350M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $12 50% upside
• Avg. target: $12 50% upside
• High target: $12 50% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

JP Morgan Reginald Smith 50% 1-year accuracy 13 / 26 met price target

50% upside $12

Overweight Upgraded

13 Mar 2025