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IREN Ltd (IREN)

Featured in Rapid Revenue Growth High-Beta Stocks

IREN Ltd (NASDAQ: IREN) is a common stock listing of a company that operates vertically integrated data center infrastructure in Australia and Canada. Its business includes ownership and operation of computing hardware, electrical infrastructure, and data centers, and it also mines Bitcoin through the Bitcoin network. The company was incorporated in 2018 and is based in Sydney, Australia. It changed its name from Iris Energy Limited to IREN Limited in November 2024.


Stock Summary Fair Value Profitability & Growth Quality & Risk Events & Dividends Technical Outlook FAQ

Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Upcoming Dividend Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NASDAQ-IREN
—
—
—
$80.93
93.8% Upside
Bargain
Fair
—
—
—
0.0%
September 16, 2026
95.0x
5.6x
19.8x
14.367 B
16.768 B
21.6%
86.4%
5.0
—
-1,468.1%
Valuation • Fair Value

IREN Ltd (NASDAQ-IREN) Fair Value by Valuation Model

Compare the primary fair value estimate for IREN Ltd (NASDAQ-IREN) with model-based valuation references such as DCF, Ben Graham, DDM, EPV and comparable-company valuation.

Primary Valuation Read

Fair Value

Not available

Data is currently unavailable.

Fair Value Confidence

Low

Confidence level for the primary fair value estimate.

DCF Fair Value

NM

Discounted cash flow valuation reference.

Ben Graham Formula Value

$4.91

Classic Ben Graham valuation formula reference.

DDM Fair Value

NM

Dividend discount model valuation reference.

EPV Fair Value

NM

Earnings power value estimate.

Comps Fair Value

NM

Comparable-company valuation reference.

Analyst Price Target

$80.93

Analysts imply upside of 93.8%.

How to read these valuation models

Use this section to compare the primary fair value estimate for IREN Ltd (NASDAQ-IREN) with several model-based valuation references. Different models can produce different outputs because each method relies on a different set of assumptions, so the primary fair value estimate should be read alongside the model spread rather than in isolation.

Profitability • Growth

Profitability & Growth for IREN Ltd (NASDAQ-IREN)

A compact read on revenue, forward revenue expectations, EBITDA and operating profitability trends.

Revenue

757.1 M

Current operating scale indicator.

Revenue Forecast

1.085 B

Forward revenue estimate.

EBITDA

147.2 M

Current operating profitability reference.

EBITDA Forecast

656 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review IREN Ltd (NASDAQ-IREN) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for IREN Ltd (NASDAQ-IREN)

Review financial health, earnings quality and balance-sheet risk through Piotroski, Beneish, Altman and cash conversion metrics.

Financial Health

Fair

Mixed or neutral financial-health read.

Piotroski Score

6

Mid-range quality score.

Beneish M-Score

1,000.00

Higher caution zone on this screen.

Altman Z-Score

5.0

Relatively strong balance-sheet zone.

FCF / Net Income

-1,468.1%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for IREN Ltd (NASDAQ-IREN). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for IREN Ltd (NASDAQ-IREN)

Track the next earnings date, ex-dividend date, dividend payment date, dividend yield and upcoming distribution details where available.

Next Earnings Date

September 16, 2026

Days to Earnings

57

Dividend Payment Date

Not available

Ex-Dividend Date

Not available

Dividend Yield

0.0%

Income yield reference.

Upcoming Dividend

Not available

Data is currently unavailable.

Payment Type

Not available

Data is currently unavailable.

Dividend Currency

Not available

Data is currently unavailable.

Payout Ratio

Not available

Data is currently unavailable.

How to read events and dividends

This section helps investors track time-sensitive items for IREN Ltd (NASDAQ-IREN), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

IREN Ltd (NASDAQ-IREN) Stock Forecast & Technical Outlook

Review IREN Ltd (NASDAQ-IREN) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Buy

The 15-minute technical read for IREN Ltd (NASDAQ-IREN) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Buy

The 1-hour technical read for IREN Ltd (NASDAQ-IREN) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Sell

The daily technical read for IREN Ltd (NASDAQ-IREN) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Sell

The weekly technical read for IREN Ltd (NASDAQ-IREN) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Buy

The monthly technical read for IREN Ltd (NASDAQ-IREN) is currently Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for IREN Ltd (NASDAQ-IREN)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, IREN Ltd (NASDAQ-IREN) has a Strong Buy consensus, with 11 buy, 3 hold and 0 sell recommendations in the current data set.

Buy 11
Hold 3
Sell 0
FAQ • Fast Investor Answers

IREN Ltd (NASDAQ-IREN) Stock FAQ

Quick answers about IREN Ltd (NASDAQ-IREN) stock, including fair value, valuation rating, analyst price target, dividends, earnings dates, market capitalization, financial health and other key stock analysis metrics.

Fair Value
Not available
Data is currently unavailable
Valuation Rating
Not available
Classification is not available
Analyst Target
$80.93
Implied upside 93.8%
Financial Health
Fair
Current financial-health read

A fair value estimate for IREN Ltd (NASDAQ-IREN) is not currently available in the latest data file.

A clear undervalued or overvalued classification is not currently available in the latest data file.

The available analyst price target for IREN Ltd (NASDAQ-IREN) is $80.93. The analyst target implies estimated upside of 93.8%.

The current financial health read for IREN Ltd (NASDAQ-IREN) is Fair. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for IREN Ltd (NASDAQ-IREN) is September 16, 2026.

Based on the current data, dividend yield is 0.0%.

The current P/E ratio listed for IREN Ltd (NASDAQ-IREN) is 95.0x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for IREN Ltd is 14.367 B.

The current enterprise value listed for IREN Ltd is 16.768 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for IREN Ltd is NASDAQ-IREN, and the stock is listed on NASDAQ.

IREN Ltd (NASDAQ-IREN) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for IREN Ltd is 21.6%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for IREN Ltd is 86.4%. Free float helps investors understand how much of the share base is available for public trading.

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