IREN icon

Iris Energy

16.14 USD
+0.35
2.22%
At close Jul 30, 4:00 PM EDT
After hours
16.52
+0.38
2.35%
1 day
2.22%
5 days
-15.63%
1 month
10.78%
3 months
164.16%
6 months
56.70%
Year to date
54.30%
1 year
72.07%
5 years
-33.99%
10 years
-33.99%
 

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

Employees: 144

0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 4 (+2) [Q1 2025]

48% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 44

5.17% more ownership

Funds ownership: 45.6% [Q4 2024] → 50.78% (+5.17%) [Q1 2025]

13% less funds holding

Funds holding: 183 [Q4 2024] → 160 (-23) [Q1 2025]

23% less capital invested

Capital invested by funds: $883M [Q4 2024] → $677M (-$206M) [Q1 2025]

36% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 59

42% less call options, than puts

Call options by funds: $187M | Put options by funds: $322M

Research analyst outlook

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

Low target
$16
1%
downside
Avg. target
$20
26%
upside
High target
$23
43%
upside

5 analyst ratings

positive
80%
neutral
20%
negative
0%
JP Morgan
Reginald Smith
1%downside
$16
Neutral
Downgraded
28 Jul 2025
B. Riley Securities
Lucas Pipes
36%upside
$22
Buy
Maintained
10 Jul 2025
Canaccord Genuity
Joseph Vafi
43%upside
$23
Buy
Maintained
16 May 2025
Macquarie
Paul Golding
24%upside
$20
Outperform
Maintained
15 May 2025
HC Wainwright & Co.
Mike Colonnese
30%upside
$21
Buy
Maintained
15 May 2025

Financial journalist opinion

Based on 18 articles about IREN published over the past 30 days

Positive
24/7 Wall Street
3 hours ago
Missed Palantir? These 3 AI Stocks Offer Growth at a Reasonable Valuation
The artificial intelligence industry has been filled with top-performing stocks, but none of them have kept up with Palantir (NASDAQ:PLTR).
Missed Palantir? These 3 AI Stocks Offer Growth at a Reasonable Valuation
Positive
Zacks Investment Research
1 day ago
Wall Street Analysts Believe IREN Limited (IREN) Could Rally 25.03%: Here's is How to Trade
The mean of analysts' price targets for IREN Limited (IREN) points to a 25% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Wall Street Analysts Believe IREN Limited (IREN) Could Rally 25.03%: Here's is How to Trade
Positive
Zacks Investment Research
1 day ago
Regulatory Tailwinds Likely to Drive Cryptocurrency Momentum: 5 Picks
Regulatory boosts and crypto strength spark upside in HOOD, IBKR, IREN, V and CIFR as these five stocks ride the digital wave.
Regulatory Tailwinds Likely to Drive Cryptocurrency Momentum: 5 Picks
Positive
Seeking Alpha
1 day ago
IREN: From Bitcoin Miner To AI Giant
IREN generated $148 million in Q3 revenue, supported by 326% YoY hashrate growth and disciplined cost controls that expanded EBITDA margin to 56%. AI Cloud now operates 1,896 Nvidia GPUs near full utilization, generating a $28 million run-rate with 97% hardware gross margins. The company controls 2.9GW of contracted power and 1,800 acres in Texas, enabling hyperscaler-grade liquid-cooled data center expansion.
IREN: From Bitcoin Miner To AI Giant
Positive
Zacks Investment Research
2 days ago
Are You Looking for a Top Momentum Pick? Why IREN Limited (IREN) is a Great Choice
Does IREN Limited (IREN) have what it takes to be a top stock pick for momentum investors? Let's find out.
Are You Looking for a Top Momentum Pick? Why IREN Limited (IREN) is a Great Choice
Positive
24/7 Wall Street
5 days ago
IREN vs. NBIS: Which High-Growth Mid-Cap Stands Out Right Now?
Momentum investors have a lot to dig through after an explosive tech-led surge from those now-distant Liberation Day lows.
IREN vs. NBIS: Which High-Growth Mid-Cap Stands Out Right Now?
Positive
Zacks Investment Research
1 week ago
Top Cryptocurrency Stocks to Buy Amid Regulatory Tailwinds
Here, we pick three stocks, IREN, CIFR and HOOD, which are well-poised to benefit from the growing proliferation of Bitcoin and other cryptocurrencies.
Top Cryptocurrency Stocks to Buy Amid Regulatory Tailwinds
Positive
24/7 Wall Street
1 week ago
Can IREN Reach $24 Or Is It a Mirage?
Key Points in This Article: IREN's (IREN) Q3  revenue surged 172% to a record $148.1 million, with a $24.2 million profit, driven by efficient Bitcoin mining and a 98% margin AI cloud segment.
Can IREN Reach $24 Or Is It a Mirage?
Positive
Schaeffers Research
2 weeks ago
135 Public Companies That Hold Bitcoin — And Why It Matters
Since the historic institutional pivot of 2020, Bitcoin has steadily made its way from fringe asset to mainstream corporate treasury tool.
135 Public Companies That Hold Bitcoin — And Why It Matters
Positive
Forbes
3 weeks ago
Buy, Sell, Or Hold IREN Stock At $16?
IREN (NASDAQ:IREN) – a Bitcoin mining data center operator that utilizes renewable energy sources such as solar and wind – has witnessed an impressive stock increase of nearly 80% over the last month. This notable rise can be linked to several recent positive events:
Buy, Sell, Or Hold IREN Stock At $16?
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