IREN Limited(IREN)NASDAQ
Stock Overview & Analysis
IREN Limited (IREN) quick overview 2026-02-20
- The stock is currently trading at $39.98, experiencing a short-term pullback within a declining trend—trading below its 50-day average while below the 200-day.
- Analysts appear optimistic, with a 1-year price target of $79.31 (98.4% upside).
- Volatility is elevated (104.49% annualized), implying wide price swings.
- The fundamental story is nuanced: solid revenue growth (59.00% YoY) alongside significant competitive pressures.
Here's What You Need to Know Right Now
Concise, actionable context
IREN Limited - Historical Price & Volume
Market Cap
Enterprise Value: $14.56B
P/E Ratio
Forward P/E: -205.29
Revenue Growth
Year over Year
Analyst Target
+98.4% upside potential
Key Investor Questions
Clarity over jargon
- Technicals say: Neutral (RSI 39.12)
- Fundamentals say: Caution warranted (high leverage concerns)
- Future growth will depend on performance in core Capital Markets operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
- $3.84B in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Capital Markets.
Trading Range
Over the past year, the stock traded between $5.13 and $76.87—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.
Volatility
With 104.49% annualized volatility and β=4.28, the stock exhibits high sensitivity to market moves—suitable for investors comfortable with active risk management.
Ownership Snapshot
Lower institutional support combined with high short selling points to negative sentiment.
Analyst Sentiment
Latest News
Recent headlines and coverage
Howard Lutnick's Cantor buys $126 million of surprising AI stock
Howard Lutnick’s Cantor Fitzgerald just dropped a whopping $126 million on Mr. Market’s more surprising AI infrastructure stories in Iren Limited (IREN). The former bitcoin miner has quickly evolved into a serious player in AI infrastructure, and Cantor’s endorsement adds another layer of ...
IREN Limited (IREN) Appoints John Gross as Chief Innovation Officer
IREN Limited (NASDAQ:IREN) is one of the Most Promising Stocks to Invest In Before They Take Off. On February 17, IREN Limited (NASDAQ:IREN) announced the appointment of John Gross as Chief Innovation Officer, which is a newly established role in the company. The Chief Innovation Officer will oversee engineering standards, thermal architecture, and commissioning for […]
IREN (IREN) Added to MSCI USA Index, Boosting Exposure to Institutional Investors
IREN Limited (NASDAQ:IREN) is one of the 10 Best Stocks to Buy in 2026 According to Reddit. On February 12, 2026, IREN Limited (NASDAQ:IREN) announced that the company will be part of the MSCI USA Index, effective after market close on February 27, 2026. The MSCI USA Index tracks the large and mid-cap segments of […]
Cantor Fitzgerald doubles down on crypto stock
Cantor Fitzgerald significantly expanded its stake in Bitcoin (BTC) mining and AI cloud firm IREN Ltd (Nasdaq: IREN). In a Feb. 17 filing with the U.S. Securities and Exchange Commission (SEC), the financial services firm reported purchasing 3,333,423 additional shares of IREN ...
Iren Limited (IREN) is a Buy Amid Pivot from Bitcoin Mining to Data Centers
IREN Ltd (NASDAQ:IREN) is one of the best stocks to buy and hold for the next 6 months. On February 6, analysts at Compass Point reiterated a Buy rating on IREN Ltd (NASDAQ:IREN) and settled on a $105 price target. The positive stance follows the company expanding its secured power base to 4.5GW of grid-connected […]
Cantor Fitzgerald Loads Up 3.33 Million IREN Shares
IREN runs data centers and mines Bitcoin, generating revenue from digital asset mining and infrastructure services in Australia and Canada.
IREN's (NASDAQ:IREN) Solid Profits Have Weak Fundamentals
IREN Limited's ( NASDAQ:IREN ) robust earnings report didn't manage to move the market for its stock. Our analysis...
IREN Taps John Gross To Advance AI Data Center Ambitions
IREN (NasdaqGS:IREN) has appointed John Gross as Chief Innovation Officer. Gross will lead data center innovation and engineering standards, with a focus on high-density and liquid-cooled architectures. The new role is aimed at supporting IREN's rapid scaling of its AI and data center infrastructure business. For you as an investor, the key point is that IREN is putting specialist leadership in place as AI workloads become more complex and infrastructure heavy. The company operates in an...
Cipher Mining, IREN lead Mike Alfred’s Alpine Fox portfolio
The latest 13F filing reveals a $57.8 million stake in Cipher Mining as the fund prioritizes miners securing contracts with hyperscalers
B. Riley Keeps a Buy Rating on IREN Limited (IREN)
IREN Limited (NASDAQ:IREN) is among the 11 Best Bitcoin and Blockchain Stocks to Invest in. IREN Limited (NASDAQ:IREN) is among the Best Bitcoin Stocks. On February 6, B. Riley boosted its price objective for IREN Limited (NASDAQ:IREN) from $74 to $83 while keeping a Buy rating. The firm reported adjusted EBITDA of $75.3 million for […]
Frequently Asked Questions
Common investor questions about IREN Limited
IREN Limited (IREN) is currently trading at $39.98. The RSI (14-day) is at 39.1, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $79.31 implies 98.4% upside from current levels. Volatility is high at 104.5% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.
Based on current valuation metrics for IREN Limited (IREN): The trailing P/E ratio is 28.88, which is in line with broader market averages. The forward P/E is -205.29, lower than the trailing P/E, suggesting analysts expect earnings improvement. Price-to-Book is 5.49. Price-to-Sales is 18.22. Valuation should be compared to Capital Markets industry peers for context, as different sectors trade at different multiples.
Based on 13 analysts covering IREN, the consensus price target is $79.31. This represents a 98.4% upside from the current price of $39.98. The range spans from a low target of $37.00 to a high target of $125.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.
IREN Limited (IREN) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.
Key risks for IREN Limited (IREN) investors include: 1. High volatility (104.5% annualized)—the stock can experience significant daily price swings. 2. Elevated debt levels (D/E ratio of 153.02) which could pressure margins in a rising rate environment. 3. Elevated short interest (12.8% of float) suggests significant bearish sentiment. 4. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 5. Capital Markets sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.
Here is IREN Limited's (IREN) current debt and financial health profile: Total debt stands at $3.84B. The debt-to-equity ratio is 153.02, which is high and could pose financial risk if earnings decline or borrowing costs increase. The current ratio is 4.96, indicating strong short-term liquidity. The quick ratio is 4.79. The company holds $3.26B in cash and equivalents. Free cash flow is negative at $-1,249,673,600, which could limit the company's ability to manage debt obligations.