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IREN IREN Limited

USFinancial Services
$41.14-1.39%ClosedMarket Cap: $14.68B

As of 2026-07-10 16:00

Why IREN matters now

IREN Limited (IREN) is a US stock in Financial Services. The latest InvestLog snapshot shows $41.14 with -1.39% on the session and $14.68B in market capitalization; recent performance reads 1-month +25.60% and YTD +58.75%.

The latest financial table shown here is Q3 2026, with revenue of $144.8M, net income of $-247.8M, and EPS of $-1.25. Investors can compare that operating picture with valuation signals such as P/E 32.42 and FCF yield -3.2%.

The latest indexable market news headline is "IREN Is Entering a New Growth Phase. Here's Why It Matters." from The Motley Fool.

Additional event context on this page matters because analyst consensus is Buy with a median target of $80.00. These signals are research inputs, not a recommendation.

Valuation

P/E (TTM)

32.42

PEG

0.04

P/B

7.12

P/S

28.26

EV/EBITDA

50.01

DCF Value

$-130.08

FCF Yield

-3.2%

Div Yield

0.0%

Margins & Returns

Gross Margin

53.6%

Operating Margin

-29.2%

Net Margin

10.2%

ROE

3.4%

ROA

1.5%

ROIC

-4.7%

Financials

PeriodRevenueNet IncomeEPS
Q3 2026$144.8M$-247.8M$-1.25
Q2 2026$184.7M$-155.4M$-0.52
Q1 2026$240.3M$384.6M$1.08
Q4 2025$187.3M$95.5M$0.42

Analyst Ratings

Consensus

Buy

Target (Consensus)

$81.86

Target (Median)

$80.00

Target Range

$50.00 - $99.00

Strong Buy: 1Buy: 10Hold: 3Sell: 0Strong Sell: 2
MacquarieOutperform
2026-06-04
B. Riley SecuritiesBuy
2026-06-04
Canaccord GenuityBuy
2026-06-03
Cantor FitzgeraldOverweight
2026-05-28
JP MorganUnderweight
2026-05-11

Company Info

Sector

Financial Services

Industry

Financial - Capital Markets

Country

AU

Exchange

Beta

4.23

IREN Limited, established in 2018 and based in Sydney, Australia, operates a comprehensive, vertically integrated data center business spanning Australia and Canada. The company possesses and manages all essential infrastructure, including its computing hardware, electrical systems, and the data center facilities themselves. A primary undertaking for IREN Limited is the mining of Bitcoin, a scarce digital asset created and exchanged via a decentralized, peer-to-peer computer network utilizing specialized Bitcoin software. The company was previously named Iris Energy Limited, officially adopting IREN Limited in November 2024.