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Updated 1d ago
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IREN LimitedBASE:IREN Stock Report

Market Cap AR$26.0t
Updated 1d ago
Share Price
n/a
1Yn/a
7D-3.6%
1D-1.5%
Portfolio Value
​
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IREN Limited

BASE:IREN Stock Report

Market Cap: AR$26.0t

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

IREN (IREN) Stock Overview

Operates as a vertically integrated AI cloud services platform in Australia and Canada. More details

IREN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Rewards

Revenue is forecast to grow 35.87% per year

Risk Analysis

Has less than 1 year of cash runway

Shareholders have been substantially diluted in the past year

Highly volatile share price over the past 3 months compared to the AR market

Currently unprofitable and not forecast to become profitable over the next 3 years


IREN Community Fair Values

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AR$
Current Price
AR$5.72k52.5% undervalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-741m3b2016201920222025202620282031Revenue US$3.3bEarnings US$395.3m
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IREN Limited Competitors

Hut 8

Symbol: NasdaqGS:HUT
Market cap: US$12.2b

Samsara

Symbol: NYSE:IOT
Market cap: US$22.5b

Nutanix

Symbol: NasdaqGS:NTNX
Market cap: US$17.8b

Dynatrace

Symbol: NYSE:DT
Market cap: US$14.8b

Price History & Performance

Summary of share price highs, lows and changes for IREN
Historical stock prices
Current Share PriceUS$5,720.00
52 Week HighUS$8,845.00
52 Week LowUS$3,790.00
Beta4.28
1 Month Change-1.46%
3 Month Change-22.75%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-18.58%

Recent News & Updates

Recent updates

Shareholder Returns

IRENAR SoftwareAR Market
7D-3.6%0%0%
1Yn/a0%0%

Return vs Industry: Insufficient data to determine how IREN performed against the AR Software industry.

Return vs Market: Insufficient data to determine how IREN performed against the AR Market.

Price Volatility

Is IREN's price volatile compared to industry and market?
IREN volatility
IREN Average Weekly Movement14.8%
Software Industry Average Movement0%
Market Average Movement0%
10% most volatile stocks in AR Market0%
10% least volatile stocks in AR Market0%

Stable Share Price: IREN's share price has been volatile over the past 3 months compared to the AR market.

Volatility Over Time: IREN's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of AR stocks.

About the Company

FoundedEmployeesCEOWebsite
2018685Will Robertsiren.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.

IREN Limited Fundamentals Summary

How do IREN's earnings and revenue compare to its market cap?
IREN fundamental statistics
Market capAR$26.04t
Earnings (TTM)-AR$1.06t
Revenue (TTM)AR$1.07t
24.1x
P/S Ratio
-24.2x
P/E Ratio

Is IREN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IREN income statement (TTM)
RevenueUS$707.01m
Cost of RevenueUS$219.71m
Gross ProfitUS$487.30m
Other ExpensesUS$1.19b
Earnings-US$702.62m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-1.78
Gross Margin68.92%
Net Profit Margin-99.38%
Debt/Equity Ratio181.4%

How did IREN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 02:57
End of Day Share Price 2026/09/14 00:00
Earnings2026/06/30
Annual Earnings2026/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IREN Limited is covered by 19 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew Charles BealeArete Research Services LLP
Gautam ChhuganiBernstein
Nicholas GilesB. Riley Securities, Inc.

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