IREN
IREN Ltd
$54.35
-12.14%
$19.4B
No data for this timeframe.
Vol
Market Cap$19.4B
Cap SizeLarge Cap
Analyst ConsensusStrong Buy (71%)
Reddit Sentiment41° Cool
SEC Reports4
Press Releases6
Recent Activity
Jun 4, 2026
Event
HSR Early Termination: IREN Limited; Mirantis, Inc.
The FTC granted early termination of the HSR Act waiting period for a transaction involving IREN Lim
Jun 3, 2026
Press
IREN announced a transmission connection agreement for a planned 800MW data center campus in Bundey, South Australia, wi
Impact 7/10
Jun 3, 2026
contract
IREN Announces First Australian Data Center Campus - 800MW in South Australia
<p>NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announce
Jun 1, 2026
SEC
IREN subsidiary IE US Hardware 3 LLC secured $3.6B in financing ($1.5B DDTL + $2.1B notes at 5.96%) to fund GPU infrastr
8-K — Impact 7/10
May 26, 2026
SEC
IREN entered into a $1.6 billion purchase agreement with Dell for air-cooled Blackwell GPUs to service its previously an
8-K — Impact 7/10
May 26, 2026
Press
IREN announced a ~$1.6B purchase agreement with Dell for air-cooled Blackwell systems to support its previously disclose
Impact 7/10
May 14, 2026
SEC
IREN issued $3.0B of 1% convertible senior notes due 2033, with net proceeds of ~$2.96B after costs, including $201.3M f
8-K — Impact 6/10
Price Targets
$81.07
+49.2% upside
Strong Buy
Current $54.35
Low $41.00
Median $82.50
High $126.00
14 analysts
$41.00
$126.00
Analyst Ratings
6Strong Buy
9Buy
5Hold
1Sell
0Strong Sell
Recent Analyst Actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Jun 4, 2026 | Macquarie | MAINTAIN | Outperform → Outperform |
| Jun 4, 2026 | B. Riley Securities | MAINTAIN | Buy → Buy |
| Jun 3, 2026 | Canaccord Genuity | MAINTAIN | Buy → Buy |
| May 28, 2026 | Cantor Fitzgerald | MAINTAIN | Overweight → Overweight |
| May 27, 2026 | B. Riley Securities | MAINTAIN | Buy → Buy |
Earnings Estimates
| Period | EPS Est. | Range | Growth | # |
|---|---|---|---|---|
| Current Q | $-0.36 ▼ -45.0% | $-1.03 — $-0.04 | -155% YoY | 10 |
| Next Q | $-0.23 ▼ -335.0% | $-0.36 — $-0.11 | -3016% YoY | 2 |
| Current FY | $-2.02 ▼ -40200.0% | $-3.12 — $-0.91 | -670% YoY | 2 |
| Next FY | $0.04 ▲ +106.5% | $-1.83 — $2.69 | 107% YoY | 8 |
Latest Reports
BULLISH
Press
7/10
IREN announced a transmission connection agreement for a planned 800MW data center campus in Bundey, South Australia, wi
Jun 3, 2026
BULLISH
8-K
7/10
IREN subsidiary IE US Hardware 3 LLC secured $3.6B in financing ($1.5B DDTL + $2.1B notes at 5.96%) to fund GPU infrastr
Jun 1, 2026
BULLISH
8-K
7/10
IREN entered into a $1.6 billion purchase agreement with Dell for air-cooled Blackwell GPUs to service its previously an
May 26, 2026
Reddit Sentiment
41°▼
Cool
Bearish
Neutral
Bullish
No institutional holding data available yet. Data is sourced from 13F filings which are filed quarterly.
No insider trading data available yet. Insider transactions are collected from SEC Form 4 filings.
4 SEC filing reports analyzed. Sentiment: 2 bullish, 1 bearish, 0 mixed, 1 neutral. Avg impact: 6.8/10.
BULLISH
8-K
7/10
IREN subsidiary IE US Hardware 3 LLC secured $3.6B in financing ($1.5B DDTL + $2.1B notes at 5.96%)
Jun 1, 2026
BULLISH
8-K
7/10
IREN entered into a $1.6 billion purchase agreement with Dell for air-cooled Blackwell GPUs to servi
May 26, 2026
NEUTRAL
8-K
6/10
IREN issued $3.0B of 1% convertible senior notes due 2033, with net proceeds of ~$2.96B after costs,
May 14, 2026
BEARISH
8-K
7/10
IREN announced a proposed $2 billion convertible senior notes offering due 2033, with an additional
May 11, 2026
BULLISH
7/10
IREN announced a transmission connection agreement for a planned 800MW data center campus in Bundey,
Jun 3, 2026
BULLISH
7/10
IREN announced a ~$1.6B purchase agreement with Dell for air-cooled Blackwell systems to support its
May 26, 2026
NEUTRAL
3/10
IREN acquired Awaken, its external marketing agency, bringing the team in-house to support AI Cloud
May 18, 2026
BULLISH
7/10
IREN announced a five-year AI cloud services contract with NVIDIA valued at approximately $3.4 billi
May 7, 2026
NEUTRAL
5/10
IREN acquires Spanish data center developer Nostrum Group to enter the European market and add 490MW
May 7, 2026
MIXED
6/10
IREN announced the acquisition of Mirantis, a cloud infrastructure and Kubernetes orchestration prov
May 5, 2026
Current analyst consensus: Buy (71% buy). Based on 21 analysts: 6 strong buy, 9 buy, 5 hold, 1 sell, 0 strong sell.
Analyst Price Targets
$81.07 mean target
+49.2% upside
Strong Buy (1.87)
$41.00 Low
$126.00 High
| Metric | Value |
|---|---|
| Current Price | $54.35 |
| Target Low | $41.00 |
| Target Mean | $81.07 |
| Target Median | $82.50 |
| Target High | $126.00 |
| # Analysts | 14 |
| Recommendation | Strong Buy (1.87) |
Earnings Estimates & Revisions
| Period | EPS Avg | EPS Low | EPS High | EPS Growth | 30d Rev. | Up/Down | Rev. Avg | Rev. Growth | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| Current Q 2026-06-30 |
$-0.36 | $-1.03 | $-0.04 | -154.7% | -45.0% | 4↑ 5↓ | $0.2B | -9.4% | 10 |
| Next Q 2026-09-30 |
$-0.23 | $-0.36 | $-0.11 | -3015.6% | -335.0% | 2↑ 2↓ | $0.3B | 34.1% | 2 |
| Current FY 2026-06-30 |
$-2.02 | $-3.12 | $-0.91 | -670.0% | -40200.0% | 0↑ 1↓ | $0.8B | 47.1% | 2 |
| Next FY 2027-06-30 |
$0.04 | $-1.83 | $2.69 | 106.6% | +106.5% | 3↑ 4↓ | $3.1B | 309.7% | 8 |
Current Quarter EPS Revision History
| Timepoint | EPS Estimate | Change |
|---|---|---|
| Current | $-0.361 | |
| 7d ago | $-0.309 | -0.052 |
| 30d ago | $-0.249 | -0.112 |
| 60d ago | $-0.236 | -0.125 |
| 90d ago | $-0.157 | -0.204 |
8 analyst firms have rated this stock: 1 upgrades, 0 downgrades, 1 initiations.
Individual Analyst Actions
| Date | Analyst Firm | Action | Previous Rating | New Rating |
|---|---|---|---|---|
| Jun 4, 2026 | Macquarie | MAINTAIN | Outperform | Outperform |
| Jun 4, 2026 | B. Riley Securities | MAINTAIN | Buy | Buy |
| Jun 3, 2026 | Canaccord Genuity | MAINTAIN | Buy | Buy |
| May 28, 2026 | Cantor Fitzgerald | MAINTAIN | Overweight | Overweight |
| May 27, 2026 | B. Riley Securities | MAINTAIN | Buy | Buy |
| May 11, 2026 | Macquarie | MAINTAIN | Outperform | Outperform |
| May 11, 2026 | JP Morgan | MAINTAIN | Underweight | Underweight |
| May 8, 2026 | HC Wainwright & Co. | MAINTAIN | Buy | Buy |
| May 8, 2026 | BTIG | MAINTAIN | Buy | Buy |
| Apr 9, 2026 | Cantor Fitzgerald | MAINTAIN | Overweight | Overweight |
| Feb 10, 2026 | Canaccord Genuity | MAINTAIN | Buy | Buy |
| Feb 6, 2026 | Macquarie | MAINTAIN | Outperform | Outperform |
| Feb 6, 2026 | Cantor Fitzgerald | MAINTAIN | Overweight | Overweight |
| Jan 13, 2026 | HC Wainwright & Co. | UPGRADE | Sell | Buy |
| Dec 18, 2025 | Goldman Sachs | INITIATE | — | Neutral |
Monthly Consensus History
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Jun 1, 2026 | 6 | 9 | 5 | 1 | 0 | 71% | |
| May 1, 2026 | 6 | 11 | 5 | 1 | 0 | 74% | |
| Apr 1, 2026 | 6 | 11 | 4 | 1 | 0 | 77% | |
| Mar 1, 2026 | 6 | 11 | 4 | 1 | 0 | 77% | |
| Feb 1, 2026 | 5 | 11 | 4 | 1 | 0 | 76% | |
| Jan 1, 2026 | 5 | 10 | 4 | 2 | 0 | 71% |
Strong BuyBuyHoldSellStrong Sell
No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.
41°
Cool
Bearish
Neutral
Bullish
31 mentions
2 bullish
8 bearish
30 time periods
Reddit Sentiment History
| Date | Mentions | Sentiment | Bullish | Bearish | Threads |
|---|---|---|---|---|---|
| Jun 5, 2026 | 1 | 40° Cool | 0 | 1 | 1 |
| Jun 5, 2026 | 1 | 40° Cool | 0 | 1 | 1 |
| Jun 5, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| Jun 5, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| Jun 4, 2026 | 2 | 42° Neutral | 0 | 1 | 2 |
| Jun 4, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| Jun 4, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| Jun 2, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| Jun 2, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| May 31, 2026 | 1 | 40° Cool | 0 | 1 | 1 |
| May 31, 2026 | 1 | 40° Cool | 0 | 1 | 1 |
| May 30, 2026 | 1 | 40° Cool | 0 | 1 | 1 |
| May 30, 2026 | 1 | 40° Cool | 0 | 1 | 1 |
| May 29, 2026 | 1 | 56° Neutral | 0 | 0 | 1 |
| May 29, 2026 | 1 | 56° Neutral | 0 | 0 | 1 |
| May 29, 2026 | 1 | 56° Neutral | 0 | 0 | 1 |
| May 29, 2026 | 1 | 56° Neutral | 0 | 0 | 1 |
| May 29, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| May 29, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| May 28, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| May 28, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| May 28, 2026 | 1 | 40° Cool | 0 | 1 | 1 |
| May 28, 2026 | 1 | 60° Warm | 1 | 0 | 1 |
| May 28, 2026 | 1 | 60° Warm | 1 | 0 | 1 |
| May 28, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| May 28, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| May 28, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| May 27, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| May 27, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| May 26, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
Recent Reddit Threads
$IREN and $APLD looking really good
▲ 1
💬 0
⚡ 0.5
Today I hit £1m and became the youngest ISA millionaire ever at 27. ALL IN ON ENERGY INFRASTRUCTURE - HUT 8 and IREN
▲ 2
💬 2
⚡ 0.5
Ways to enter a new stock? AMPX in my case
▲ 1
💬 0
⚡ 0.5
If you'd invest 10k in wallstreetbets stock picks for 2026 you would now have YTD 9,5 k
▲ 1
💬 1
⚡ 0.5
$IREN DD — why I think this can still hit $80 this month
▲ 1
💬 0
⚡ 0.5
$IREN and $APLD looking really good
▲ 1
💬 0
⚡ 0.5
$IREN gains🚀🚀🚀
▲ 1
💬 1
⚡ 0.5
Is Mara the next APLD or IREN? Thoughts…?
▲ 1
💬 0
⚡ 0.5
Need to reduce my tax burden with IREN
▲ 1
💬 0
⚡ 0.5
On the fence about buys..
▲ 1
💬 0
⚡ 0.5
Fading $IREN into earnings — the 90% rally IS the trade
▲ 1
💬 1
⚡ 0.5
wheelin $IREN since january
▲ 1
💬 0
⚡ 0.5
Tomorrow I am buying.....
▲ 1
💬 0
⚡ 0.5
Thank you wsb for NBIS, IREN and APLD
▲ 1
💬 1
⚡ 0.5
Jun 4, 2026
Enforcement
HSR Early Termination: IREN Limited; Mirantis, Inc.
The FTC granted early termination of the HSR Act waiting period for a transaction involving IREN Limited; Mirantis, Inc..
Jun 3, 2026
contract
IREN Announces First Australian Data Center Campus - 800MW in South Australia
<p>NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the signing of a transmission connection agreeme
Jun 1, 2026
contract
IREN Closes $3.65bn Investment-Grade GPU Financing
<p align="left">NEW YORK, June 01, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has closed a $3.65bn investment-
May 26, 2026
contract
IREN Targets $4.4bn in ARR with Blackwell Deployment at Childress
<p>NEW YORK, May 26, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has entered into a purchase agreement with Del
May 18, 2026
m_and_a
IREN Acquires Awaken to Support Global Brand Growth
<p align="left">NEW YORK, May 18, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the acquisition of Awaken, a creativ
May 14, 2026
other
IREN Closes $3.0 Billion Convertible Notes Offering
<p>NEW YORK, May 14, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the closing of its offering of $3.0 billion aggre
May 14, 2026
short_interest
FTD: IREN — 171,822 shares ($9.5M) failed to deliver
Settlement: 20260514, Price: $55.17, FTD Value: $9,479,419.74, IREN LTD SHS (AUS)
May 13, 2026
short_interest
FTD: IREN — 9,680 shares ($0.5M) failed to deliver
Settlement: 20260513, Price: $56.56, FTD Value: $547,500.8, IREN LTD SHS (AUS)
May 12, 2026
other
IREN Prices Upsized $2.6 Billion Convertible Notes Offering
<p align="left">NEW YORK, May 12, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the pricing of its offering of $2.6
May 12, 2026
short_interest
FTD: IREN — 159,112 shares ($8.8M) failed to deliver
Settlement: 20260512, Price: $55.15, FTD Value: $8,775,026.8, IREN LTD SHS (AUS)
May 11, 2026
other
IREN Announces Proposed Convertible Notes Offering
<p>NEW YORK, May 11, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced its intention to offer, subject to market and oth
May 11, 2026
short_interest
FTD: IREN — 225,089 shares ($13.8M) failed to deliver
Settlement: 20260511, Price: $61.20, FTD Value: $13,775,446.8, IREN LTD SHS (AUS)
May 8, 2026
short_volume
Short Volume: IREN — 59.1% short (28.4M / 48.1M)
Short: 28,445,237 | Exempt: 446,924 | TRF Vol: 48,090,489 | Short Ratio: 59.1% | Off-exchange volume (dark pool + OTC)
May 7, 2026
contract
IREN Secures $3.4bn AI Cloud Contract with NVIDIA
<p>NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has signed a five-year AI infrastructure cloud
May 7, 2026
earnings
IREN Business Update and Q3 FY26 Results
<p align="center"><em>$3.4bn AI Cloud Contract & 5GW Strategic Partnership with NVIDIA </em></p>
May 7, 2026
m_and_a
IREN Expands AI Cloud Platform to Europe with Acquisition of Nostrum Group
<p>NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has entered into an agreement to acquire Ingen