Equites Radar

IREN · IREN LIMITED

Capital MarketsAustraliaAnalyst view: Buy

$43.78

+0.31% last session

End-of-day data · close of 2026-09-11

Neutral2 bullish · 2 bearish technical signals
Consensus: Buy (1.59 from 16 analysts)
To mean target: +78.4%

Market cap

$17B

Enterprise value

$20B

Trailing P/E

Forward P/E

-164.7

Dividend yield

Beta

4.28

Avg volume

44M

Employees

1K

Daily Change %

0.31%

5 Days Change

1.54%

10 Days Change

22.24%

30 Days Change

14.14%

60 Days Change

10.28%

Month to Day Change

23.22%

Year to Day Change

20.12%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)1.59
Covering analysts16
Mean price target$77.84
Low price target$43.00
Upside to mean target+78.4%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)54.0
50-day MA$40.17
200-day MA$45.66
Price vs 50-day MA+9.0%
Price vs 200-day MA-4.1%
MACD histogram0.57
Volume vs 3-month avg0.5×
52w low $29.3152w high $76.41

Analyst sentiment over time — IREN

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-09-02

Latest call per bank · past 12 months

Jefferies

Buy

$79.00

+81.0% vs price
▲ raised from $0.00Initiates · 2026-06-18

JP Morgan

Underweight

$46.00

+5.4% vs price
▲ raised from $39.00Maintains · 2026-05-11

Goldman Sachs

Neutral

$39.00

-10.6% vs price
▲ raised from $0.00Initiates · 2025-12-18

Recent rating actions

DateFirmActionRatingPrice target
2026-09-02Freedom Capital MarketsMaintainsBuy$58.00
2026-09-02BTIGReiteratesBuy$80.00
2026-08-28MacquarieMaintainsOutperform$90.00
2026-08-28Freedom Capital MarketsMaintainsBuy$58.00
2026-08-28Canaccord GenuityMaintainsBuy$79.00
2026-08-28Cantor FitzgeraldReiteratesOverweight$99.00
2026-08-28HC Wainwright & Co.ReiteratesBuy$90.00
2026-08-28BTIGReiteratesBuy$80.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-09-11

  • RSI (14): RSI is 54 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 9.0% above the 50-day MA ($40.17).
  • Price vs 200-day MA: Trading 4.1% below the 200-day MA ($45.66).
  • MA cross: The 50-day MA sits below the 200-day MA (death-cross regime) — the longer-term trend points down.
  • MACD (12,26,9): MACD histogram is positive (+0.57) — short-term momentum is improving.
  • 52-week range: Price sits between the 52-week low ($29.31) and high ($76.41).

IREN Price Chart

Loading chart for IREN

Fundamentals

Revenue (TTM)$1.0B
EBITDA$0M
Free cash flow-$4.0B
Operating cash flow$2.0B
Book value / share$11.01
Net Debt / EBITDA50.7
WACC25.0%
Revenue growth-27.00%
Earnings growth

About IREN LIMITED

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.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.