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IREN logo

IREN Limited Stock Price

NasdaqGS:IREN Community·US$17.3b Market Cap
  • 13 Narratives written by author
  • 16 Comments on narratives written by author
  • 1040 Fair Values set on narratives written by author
Author Program NEWCreate Narrative

IREN Share Price Performance

US$43.83
9.87 (29.06%)
​
US$80.93
Fair Value
US$43.83
9.87 (29.06%)
45.8% undervalued intrinsic discount
US$80.93
Fair Value
Price US$43.83
AnalystConsensusTarget US$80.93
BlackGoat US$71.48
Ricktorious US$120.07
Wed, 1 Jul 26
Fair ValueUS$80.93
Share Pricen/a

IREN Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value US$80.93 45.8% undervalued intrinsic discount

AI Cloud Expansion and Power Control Will Shape Market Leadership

6users have liked this narrative
1users have commented on this narrative
243users have followed this narrative
BL
BlackGoat
BlackGoat's
Fair Value
·
Fair Value US$71.48 38.7% undervalued intrinsic discount

IREN's Bold Moves in Sustainable Bitcoin Mining & AI Data Centers

36users have liked this narrative
15users have commented on this narrative
259users have followed this narrative
RI
Ricktorious's
Fair Value
·
Fair Value US$120.07 63.5% undervalued intrinsic discount

IREN: AI Infrastructure Growth vs. Valuation Risk

2users have liked this narrative
0users have commented on this narrative
15users have followed this narrative
IREN logo
IREN
38.7% undervalued intrinsic discount

IREN's Bold Moves in Sustainable Bitcoin Mining & AI Data Centers

View narrative
BL
BlackGoat
Recommended Voice
BlackGoat
Updated 28 Aug
Read Narrative
IREN logo
IREN
63.5% undervalued intrinsic discount

IREN: AI Infrastructure Growth vs. Valuation Risk

View narrative
RI
Ricktorious
Published 17 Jul
Read Narrative
IREN logo
IREN
64.9% undervalued intrinsic discount

IREN's Trump Card: How Federal Policy Could Unlock Massive Value in AI Infrastructure

View narrative
ZD
Zdend
Zdend
Updated 13 May
Read Narrative
IREN logo
IREN
85.7% undervalued intrinsic discount
New

The Bitcoin Miner Who Accidentally Built the Best Real Estate Portfolio in AI

View narrative
JO
John_Eric
Emerging Author
John_Eric
Published 7 Sep
Read Narrative
IREN logo
IREN
37.4% undervalued intrinsic discount

IREN Thesis: From Miner to AI Infrastructure Leader

View narrative
ST
StructuredAlpha
StructuredAlpha
Published 17 Apr
Read Narrative
IREN logo
IREN
54.9% undervalued intrinsic discount

What IREN's decision to buy over 50,000 NVIDIA GPUs could mean for its future

View narrative
AD
AdityaB
Published 8 Mar
Read Narrative
IREN logo
IREN
57.7% undervalued intrinsic discount

IREN's 59.5% Market Discount Will Drive Future Equity Upside

View narrative
PU
Pubs
Published 25 Dec 2025
Read Narrative
IREN logo
IREN
1.1% undervalued intrinsic discount

IREN to Transform into AI Cloud Giant with Mirantis Acquisition

View narrative
KA
kapirey
kapirey
Updated 14 May
Read Narrative
IREN logo
IREN
298.5% overvalued intrinsic discount

IREN will achieve a 51% revenue surge in the next 5 years

View narrative
DA
Dark_Oli
Dark_Oli
Published 22 Mar 2025
Read Narrative
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Trending Discussion

MO
IREN logo

Extreme risk and a history of way too much risk. I would examine this "contracted" grid power. I bet this is complete bs. They landed a big msft deal thanks to Nvidia and Nvidia had to backstop these 2 Australian brothers just to fulfill. Very risky.

0
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Recently Updated Narratives

JO
John_Eric
IREN logo

The Bitcoin Miner Who Accidentally Built the Best Real Estate Portfolio in AI

Fair Value: US$307.2 85.7% undervalued intrinsic discount
2 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
BL
BlackGoat
IREN logo

Retail Frustration is High, But Will Patience Pay Off?

Fair Value: US$71.48 38.7% undervalued intrinsic discount
259 fair values setusers have set this as their fair value
15 commentsusers have commented on this narrative
5 likesusers have liked this narrative
RI
IREN logo

IREN: AI Infrastructure Growth vs. Valuation Risk

Fair Value: US$120.07 63.5% undervalued intrinsic discount
15 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative

Snowflake Analysis

Slight risk with mediocre balance sheet.

4 Risks
1 Reward
View Full Analysis

IREN Limited Key Details

US$707.0m

Revenue

US$219.7m

Cost of Revenue

US$487.3m

Gross Profit

US$1.2b

Other Expenses

-US$702.6m

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
-1.78
68.92%
-99.38%
181.4%
View Full Analysis

About IREN

Founded
2018
Employees
685
CEO
William Roberts
WebsiteView website
iren.com

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.

Recent IREN News & Updates

User avatar
New Narrative • Sep 07

The Bitcoin Miner Who Accidentally Built the Best Real Estate Portfolio in AI

A company lost $702.6 million last year. Microsoft signed it to a $9.7 billion contract anyway.

Recent updates

No updates

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