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IREN Ltd

Ticker: IREN ISIN: AU0000185993
Add to portfolio Portfolio analysis in 2min
Stock Large-cap High beta
Market cap
$13.71B
Forward P/E
136.99
Profit margin
-99.38%
Revenue growth QoQ
-26.70%
Beta
4.27
$25.51 -8.37%
Price as of 2026-10-22 · NASDAQ

Performance by timeframe

Rolling returns
1 Month -45.78%
6 Months -49.62%
1 Year -54.33%
5 Years +0.85% p.a.+4.34%
Since inception +0.86% p.a.+4.34%
Calendar year returns
YTD -32.46%
2025 +284.62%
2024 +37.34%
2023 +472.00%
2022 -92.27%

Key stats

Market cap
13.71B
Beta
4.27
52-week range
28.93 - 76.87
50-day MA
41.68
200-day MA
45.55
Section 1

Business overview

Company profile data from fundamentals.

IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate data centers, including the associated land, grid connections, and substations, as well as buildings and cooling. The company also owns and operates compute layers, such as GPUs, CPUs, storage, servers, and networking deployed within that data center infrastructure; and software layers comprising managed services and enterprise support that enables customers to deploy, operate, and manage AI workloads. In addition, it is involved in Bitcoin mining. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. IREN Limited was incorporated in 2018 and is based in Sydney, Australia.

Sector Financial Services
Industry Capital Markets
Country Australia
Exchange NASDAQ
Section 2

Financial quality

Above-average volatility

Profitability and balance-sheet quality indicators from reported fundamentals.

Profitability

ROE -23.41%
ROA -2.53%
Profit margin -99.38%
Operating margin -1.02%
PEG ratio 4.05
Revenue/share TTM 2.24
Revenue TTM 707.01M
EBITDA 38.35M
Gross profit TTM 487.30M
Beta 4.27

Valuation

Trailing P/E 0.00
Forward P/E 136.99
P/B 4.01
P/S 19.40
EV/EBITDA 28.06
EV/Revenue 26.50
Section 3

Earnings

Earnings metrics from company highlights and earnings datasets.

EPS estimate (current year) -1.57
Quarterly earnings growth 42.90%
Revenue TTM 707.01M
Reported quarters 27
Section 4

Dividends & corporate actions

Dividend and split fields from fundamentals.

Forward annual div. yield 0.00%
Last split date 0000-00-00
Section 5

Ownership / analyst view

Institutional ownership and analyst estimate fields when available.

Analyst

Analyst target price $81.85
Analyst rating 4.5833

Ownership & short interest

Shares outstanding 288.64M
Shares float 253.94M
Institutional ownership 52.98%
Insider ownership 4.13%
Short ratio 2.26
Short % of float 21.34%

Details

Instrument metadata and source update timestamps.

Symbol IREN
Name IREN Ltd
Asset type STOCK
Exchange NASDAQ
Currency USD
ISIN AU0000185993
Country USA
Code + exchange IREN.NASDAQ
Fundamentals updated 2026-10-13

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