IREN IREN Ltd

P/E 56.88
Forward P/E 136.99
Price/Sales 18.79
Beta 4.279
Div Yield --
Market Cap --

Company Analysis

Latest News

IREN reports Q3 earnings today, following stock surge on AI pivot

IREN reports Q3 earnings today, following stock surge on AI pivot

IREN Ltd. releases its third-quarter fiscal year 2026 results today, May 7, 2026, after market close. A conference call follows at 5:00 p.m. Eastern...

IREN Surges 35% in a Week on AI Cloud Bets and a $625 Million Acquisition β€” But Can Tomorrow's Earnings Justify the Hype?

IREN Surges 35% in a Week on AI Cloud Bets and a $625 Million Acquisition β€” But Can Tomorrow's Earnings Justify the Hype?

Shares rocketed as investors front-ran tomorrow's Q3 fiscal 2026 earnings report, betting that IREN's aggressive pivot from Bitcoin mining to AI cloud...

🟒 IREN is trading 6% up following acquisition news and ahead of Q3 earnings

IREN is trading at $57.92 (+5.81%), extending its rally ahead of Q3 earnings on May 7. The momentum is largely driven by the company's major strategic move...

🟒 IREN is trading 4% up today ahead of Q3 earnings and AI cloud focus

IREN is trading at $57.02 (+4.16%) in early session trading as anticipation builds for its Q3 earnings report scheduled for May 7. β€’ The stock has extended...

IREN Ltd Q1 2026 Earnings Preview: What Analysts Expect on May 07, 2026

For the quarter ended March 31, 2026, analysts expect consensus revenue of $219.87 million and an EPS loss of $0.18, with the stock trading at $54.74 against a...

🟒 IREN is trading 11% up today on $625M Mirantis acquisition and AI pivot

IREN is trading at $54.79 (+10.73%) following its $625M all-stock acquisition of cloud provider Mirantis, marking a strategic pivot from Bitcoin mining to AI...

🟒 IREN is trading 5% up today on $625M Mirantis acquisition for AI pivot

IREN is trading at $52.00 (+5.09%) after announcing a $625 million all-stock deal to acquire cloud provider Mirantis, signaling a strategic pivot from Bitcoin...

IREN Bets $625 Million on a Cloud Software Company β€” Can a Bitcoin Miner Reinvent Itself as an AI Powerhouse?

IREN Bets $625 Million on a Cloud Software Company β€” Can a Bitcoin Miner Reinvent Itself as an AI Powerhouse?

Shares jumped +4.4% to $51.65 as IREN announced a definitive agreement to acquire cloud provider Mirantis for roughly $625 million in an all-stock deal,...

🟒 IREN is trading 4.39% up today on its $625 million acquisition of Mirantis

IREN is trading at $51.65 (+4.39%) following the announcement of a definitive agreement to acquire cloud provider Mirantis for approximately $625 million in an...

IREN Buys Mirantis for $625 Million, Scaling AI Cloud Services

IREN Buys Mirantis for $625 Million, Scaling AI Cloud Services

IREN signed a definitive agreement to acquire cloud provider Mirantis for approximately $625 million. The all-stock transaction integrates Mirantis’s expertise...

🟒 IREN surges 10.5% after energizing 1.4GW Texas data center site

IREN is trading at $50.47, up 10.53%, after the company announced the successful energization of its 1.4-gigawatt Sweetwater 1 data center site in Texas. [3,...

🟒 IREN is trading 5.1% up today amid crypto market strength and technical recovery

IREN is trading at $47.99, up 5.1% today as the stock stages a technical recovery from oversold conditions alongside modest gains in the broader crypto...

🟒 IREN up 4.3% as Big Tech earnings signal massive AI spending

β€’ IREN is trading at $44.70 (+4.3%) as AI infrastructure stocks rally on blowout earnings from major tech companies like Microsoft and Alphabet. β€’ Hyperscalers...

IREN's Big AI Bet Gets a Reality Check β€” But Is Wall Street Still Too Bullish on a Company That Hasn't Proven It Can Execute?

IREN's Big AI Bet Gets a Reality Check β€” But Is Wall Street Still Too Bullish on a Company That Hasn't Proven It Can Execute?

Shares of IREN slid to $42.50, extending a punishing 18% decline over five trading sessions, after Bernstein cut its price target and a broader...

πŸ”΄ IREN is trading 4.4% down today on Bernstein price target cut and crypto sector weakness

IREN is trading at $42.50 (-4.37%) following a price target reduction from Bernstein and continued pressure across the crypto mining sector. β€’ The decline...

πŸ”΄ IREN is trading 5% down today on crypto market declines and Bernstein price target cut

IREN is trading at $45.91 (-5.07%) amid broader crypto market declines and a Bernstein analyst price target reduction. β€’ Bitcoin is down 1.06% and Ethereum...

πŸ”΄ IREN is trading 4.6% down today on crypto weakness and Bernstein price target cut

IREN is trading at $45.91, down 4.6% as broader cryptocurrency weakness and a Bernstein price target reduction pressure the Bitcoin miner. β€’ Bernstein's...

πŸ”΄ IREN is trading 4.6% down today amid crypto pullback and Bernstein price target cut

IREN is trading at $46.11 (-4.6%) in pre-market as a broader crypto pullback and a Bernstein price target cut pressure the Bitcoin miner. β€’ The decline tracks...

πŸ”΄ IREN is trading 5% down today as Bernstein cuts price target amid crypto pullback

IREN is trading at $48.04 (-5.13%) as Bernstein lowered its price target on the stock while the broader cryptocurrency market faces a pullback. β€’ Bernstein...

πŸ”΄ IREN is trading 4.50% down today after Bernstein lowers price target

IREN is trading at $48.36 (-4.50%) after analysts at Bernstein lowered their price target on the stock, introducing company-specific pressure on a day of mixed...