Equites Radar

IREN · IREN LIMITED

Capital MarketsAustraliaAnalyst view: Buy

$37.07

-6.50% last session

End-of-day data · updated 2026-07-28

Neutral2 bullish · 2 bearish technical signals
Consensus: Buy (1.62 from 15 analysts)
To mean target: +119.6%

Market cap

$13B

Enterprise value

$15B

Trailing P/E

47.1

Forward P/E

-38.6

Dividend yield

Beta

4.28

Avg volume

48M

Employees

0K

2D change

5D change

-10.57%

10D change

7.94%

30D change

-23.13%

60D change

-42.89%

MTD change

-16.23%

YTD change

-3.92%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)1.62
Covering analysts15
Mean price target$81.40
Low price target$41.00
Upside to mean target+119.6%

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

Technical Analysis

RSI (14)35.2
50-day MA$50.04
200-day MA$48.51
Price vs 50-day MA-32.2%
Price vs 200-day MA-30.1%
MACD histogram0.11
Volume vs 3-month avg0.9×
52w low $15.4052w high $76.41

Analyst sentiment over time — IREN

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

Investment Bank Ratings as of 2026-07-22

Latest call per bank · past 12 months

Jefferies

Buy

$79.00

+113.1% vs price
▲ raised from $0.00Initiates · 2026-06-18

JP Morgan

Underweight

$46.00

+24.1% vs price
▲ raised from $39.00Maintains · 2026-05-11

Goldman Sachs

Neutral

$39.00

+5.2% vs price
▲ raised from $0.00Initiates · 2025-12-18

Recent rating actions

DateFirmActionRatingPrice target
2026-07-22HC Wainwright & Co.MaintainsBuy$85.00 $90.00
2026-07-21Canaccord GenuityMaintainsBuy$79.00
2026-07-15MacquarieMaintainsOutperform$90.00
2026-07-06Freedom BrokerUpgradeHoldBuy$0.00 $58.00
2026-06-18JefferiesInitiatesBuy$0.00 $79.00
2026-06-04MacquarieMaintainsOutperform$90.00
2026-06-04B. Riley SecuritiesMaintainsBuy$88.00 $96.00
2026-06-03Canaccord GenuityMaintainsBuy$70.00 $79.00

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 2026-07-28

  • RSI (14): RSI is 35 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 32.2% below the 50-day MA ($50.04).
  • Price vs 200-day MA: Trading 30.1% below the 200-day MA ($48.51).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is positive (+0.11) — short-term momentum is improving.
  • 52-week range: Price sits between the 52-week low ($15.40) and high ($76.41).

IREN Price Chart

Loading chart for IREN

Fundamentals

Revenue (TTM)$1.0B
EBITDA$0M
Free cash flow-$2.0B
Operating cash flow$0M
Book value / share$7.81
Net debt / EBITDA11.9
WACC27.0%
Revenue growth0.00%
Earnings growth

About IREN LIMITED

IREN Limited operates in the vertically integrated data center business in Australia and Canada. The company owns and operates computing hardware, as well as electrical infrastructure and data centers. It also mines Bitcoin, a scarce digital asset that is created and transmitted through the operation of a peer-to-peer network of computers running the Bitcoin software. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. The company was incorporated in 2018 and is based in Sydney, Australia.

More in Capital Markets

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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.