Equites Radar

IREN · IREN LIMITED

Capital MarketsAustraliaAnalyst view: Buy

$25.43

+2.11% last session

End-of-day data · close of 2026-10-26

Bearish1 bullish · 5 bearish technical signals
Consensus: Buy (1.55 from 18 analysts)
To mean target: +206.0%

Market cap

$10B

Enterprise value

$12B

Trailing P/E

—

Forward P/E

-6.4

Dividend yield

0.0%

Beta

4.27

Avg volume

46M

Employees

1K

Daily Change %

2.11%

5 Days Change

-0.31%

10 Days Change

-5.78%

30 Days Change

-42.37%

60 Days Change

-28.27%

Month to Day Change

-37.44%

Year to Day Change

-32.67%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)1.55
Covering analysts18
Mean price target$77.81
Low price target$37.00
Upside to mean target+206.0%

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

Technical Analysis

RSI (14)26.4
50-day MA$39.11
200-day MA$44.84
Price vs 50-day MA-35.0%
Price vs 200-day MA-43.3%
MACD histogram-0.84
Volume vs 3-month avg1.3×
52w low $24.9152w high $76.41

Analyst sentiment over time — IREN

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

Investment Bank Ratings as of 2026-09-29

Latest call per bank · past 12 months

JP Morgan

Overweight

$65.00

+155.6% vs price
▲ raised from $46.00Upgrade · 2026-09-14

Jefferies

Buy

$79.00

+210.7% vs price
▲ raised from $0.00Initiates · 2026-06-18

Goldman Sachs

Neutral

$39.00

+53.4% vs price
▲ raised from $0.00Initiates · 2025-12-18

Recent rating actions

DateFirmActionRatingPrice target
2026-09-29B. Riley SecuritiesMaintainsBuy$96.00 → $91.00
2026-09-21Rothschild & CoInitiatesNeutral$0.00 → $40.00
2026-09-18Northland Capital MarketsInitiatesOutperform$0.00 → $99.00
2026-09-14JP MorganUpgradeUnderweight → Overweight$46.00 → $65.00
2026-09-14BTIGReiteratesBuy$80.00
2026-09-02Freedom Capital MarketsMaintainsBuy$58.00
2026-09-02BTIGReiteratesBuy$80.00
2026-08-28MacquarieMaintainsOutperform$90.00

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 2026-10-26

  • bullish: RSI (14): RSI is 26 — oversold territory; selling pressure looks stretched.
  • bearish: Price vs 50-day MA: Trading 35.0% below the 50-day MA ($39.11).
  • bearish: Price vs 200-day MA: Trading 43.3% below the 200-day MA ($44.84).
  • bearish: MA cross: The 50-day MA sits below the 200-day MA (death-cross regime) — the longer-term trend points down.
  • bearish: MACD (12,26,9): MACD histogram is negative (-0.84) — short-term momentum is fading.
  • bearish: 52-week range: Price is within 10% of the 52-week low ($24.91).

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
WACC22.0%
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.