Iren SpA

BIT:IRE Stock Report

Market Cap: €3.4b

Iren Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Gianluca Bufo

Chief executive officer

€218.1k

Total compensation

CEO salary percentage66.12%
CEO tenure1.7yrs
CEO ownershipn/a
Management average tenure3.5yrs
Board average tenure7yrs

Recent management updates

Recent updates

Narrative Update Apr 30

IRE: Future Dividend And Earnings Profile Will Support Attractive Upside Potential

Analysts have trimmed their 12 month price target for Iren slightly from €2.92 to €2.90, reflecting updated assumptions on discount rate, revenue growth, profit margin and future P/E that keep the overall valuation view broadly unchanged. What's in the News Iren SpA has declared an annual dividend of €0.1386 per share.
Narrative Update Apr 16

IRE: Stable Fair View As Dividend Plan And Metrics Slightly Shift

Analysts have trimmed their price target on Iren to €2.75. This small adjustment reflects slightly updated views on the discount rate, revenue trends, profit margins and expected P/E levels, while keeping the overall fair value assessment broadly unchanged.
Narrative Update Apr 02

IRE: Dividend Outlook And Slightly Higher Required Return Will Shape Fair View

The consensus analyst price target for Iren has inched down by €0.10 to €2.75. This reflects updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions cited by analysts.
Analysis Article Mar 25

Here's What Analysts Are Forecasting For Iren SpA (BIT:IRE) After Its Full-Year Results

There's been a notable change in appetite for Iren SpA ( BIT:IRE ) shares in the week since its annual report, with the...
Narrative Update Mar 19

IRE: 2026 Earnings Review Schedule Will Highlight Undervalued Potential

Analysts have kept their price target for Iren steady at €2.85, indicating only small tweaks in discount rate, revenue growth, profit margin and future P/E assumptions, rather than any major change in their overall view. What's in the News Board meeting scheduled for March 23, 2026, to review the financial statements and consolidated financial statements as of December 31, 2025 (Key Developments).
Narrative Update Mar 05

IRE: Stable Outlook Will Rely On 2026 Financial Review Timetable

Analysts have kept their €2.85 price target on Iren unchanged, citing only marginal adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions that do not materially alter their overall view on the stock. What's in the News A board meeting is scheduled for March 23, 2026 to review Iren's financial statements and consolidated financial statements as of December 31, 2025 (Key Developments).
Narrative Update Feb 18

IRE: Stable Fair Value And 2026 Board Milestones Will Shape A Balanced Outlook

Analysts have adjusted their price target for Iren to €2.85 from €2.85, reflecting updated assumptions on discount rate, revenue growth, profit margin and forward P/E, while the fair value estimate remains unchanged at €2.85. What's in the News Iren has scheduled a board meeting on March 23, 2026 to review the financial statements and consolidated financial statements for the year ended December 31, 2025 (company event calendar).
Narrative Update Feb 04

IRE: Future Earnings Resilience Will Support Fair Value Despite Softer Long Term Outlook

Analysts have slightly adjusted their price target for Iren to reflect a fair value of €2.92. Small changes to the discount rate, revenue growth expectations, profit margin and future P/E assumptions guided this update.
Analysis Article Jan 21

These 4 Measures Indicate That Iren (BIT:IRE) Is Using Debt Extensively

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Narrative Update Jan 20

IRE: Hold Downgrade And Tight Assumptions Will Shape A Balanced Outlook

Analysts have trimmed their outlook on Iren, with the latest Street research pointing to a Hold stance and a price target of €2.90. This is slightly above the current fair value estimate of €2.85 and is supported by only marginal tweaks to discount rate, revenue growth, profit margin and future P/E assumptions.
Narrative Update Jan 06

IRE: Hold Downgrade And Updated Assumptions Will Frame A Cautious Outlook

Analysts have lifted their price target on Iren from €2.00 to €2.85, pointing to updated assumptions on the discount rate, revenue trends, profit margins and future P/E. These assumptions align with recent Street research, including a Hold rating with a €2.90 target.
Analysis Article Jan 03

Is Now The Time To Put Iren (BIT:IRE) On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update Dec 15

IRE: Future Earnings Resilience Will Offset Slower Revenue Trajectory

Analysts have trimmed their price target on Iren slightly to EUR 2.90. This reflects a more cautious Hold stance as they factor in softer revenue growth assumptions, offset by a modestly improved profit margin outlook and a lower discount rate.
Narrative Update Dec 01

IRE: Future Market Resilience Will Offset Competitive And Regulatory Pressures

Analysts have raised their price target for Iren from €2.83 to €2.93, citing slightly improved revenue growth forecasts and a reduced discount rate. This change comes despite a recent downgrade in overall rating.
Analysis Article Nov 20

Investors Met With Slowing Returns on Capital At Iren (BIT:IRE)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Narrative Update Nov 17

IRE: Future Performance Will Strengthen Despite Higher Risk and Margin Pressure

Analysts have raised their price target for Iren from €2.64 to €2.83, citing updated forecasts. They noted a slight reduction in profit margin projections and revenue growth estimates.
Analysis Article Oct 10

These 4 Measures Indicate That Iren (BIT:IRE) Is Using Debt Extensively

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Sep 03

There Is A Reason Iren SpA's (BIT:IRE) Price Is Undemanding

When close to half the companies in Italy have price-to-earnings ratios (or "P/E's") above 18x, you may consider Iren...
Analysis Article Jul 10

Return Trends At Iren (BIT:IRE) Aren't Appealing

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Analysis Article Jun 11

Iren (BIT:IRE) Takes On Some Risk With Its Use Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 20

Revenue Beat: Iren SpA Exceeded Revenue Forecasts By 17% And Analysts Are Updating Their Estimates

Investors in Iren SpA ( BIT:IRE ) had a good week, as its shares rose 4.9% to close at €2.55 following the release of...
Analysis Article Apr 29

Iren SpA's (BIT:IRE) Earnings Are Not Doing Enough For Some Investors

When close to half the companies in Italy have price-to-earnings ratios (or "P/E's") above 15x, you may consider Iren...
Analysis Article Apr 11

Calculating The Fair Value Of Iren SpA (BIT:IRE)

Key Insights Using the Dividend Discount Model, Iren fair value estimate is €2.58 Iren's €2.24 share price indicates it...
Analysis Article Mar 27

Growth Investors: Industry Analysts Just Upgraded Their Iren SpA (BIT:IRE) Revenue Forecasts By 11%

Iren SpA ( BIT:IRE ) shareholders will have a reason to smile today, with the analysts making substantial upgrades to...
Analysis Article Mar 06

Is Now The Time To Look At Buying Iren SpA (BIT:IRE)?

Iren SpA ( BIT:IRE ), might not be a large cap stock, but it received a lot of attention from a substantial price...
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New Narrative Feb 21

Investments In Renewables And Expansion Will Strengthen Future Prospects

Strategic acquisition and governance optimization are set to enhance EBITDA, while renewable energy production boosts revenue and market positioning.
Analysis Article Jan 30

Iren (BIT:IRE) Has Some Way To Go To Become A Multi-Bagger

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Jan 11

Iren SpA's (BIT:IRE) Shares Lagging The Market But So Is The Business

When close to half the companies in Italy have price-to-earnings ratios (or "P/E's") above 15x, you may consider Iren...
Analysis Article Dec 13

We Think Iren (BIT:IRE) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Nov 15

Iren SpA Recorded A 27% Miss On Revenue: Analysts Are Revisiting Their Models

Iren SpA ( BIT:IRE ) last week reported its latest third-quarter results, which makes it a good time for investors to...
Analysis Article Sep 03

What Is Iren SpA's (BIT:IRE) Share Price Doing?

Iren SpA ( BIT:IRE ), is not the largest company out there, but it saw significant share price movement during recent...
Analysis Article Aug 18

Iren SpA's (BIT:IRE) Low P/E No Reason For Excitement

When close to half the companies in Italy have price-to-earnings ratios (or "P/E's") above 15x, you may consider Iren...
Analysis Article Jun 02

Iren (BIT:IRE) Takes On Some Risk With Its Use Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 11

Growth Investors: Industry Analysts Just Upgraded Their Iren SpA (BIT:IRE) Revenue Forecasts By 13%

Celebrations may be in order for Iren SpA ( BIT:IRE ) shareholders, with the analysts delivering a significant upgrade...
Analysis Article Apr 04

Some Analysts Just Cut Their Iren SpA (BIT:IRE) Estimates

One thing we could say about the analysts on Iren SpA ( BIT:IRE ) - they aren't optimistic, having just made a major...
Analysis Article Feb 12

Does Iren (BIT:IRE) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jan 25

Iren SpA's (BIT:IRE) Low P/E No Reason For Excitement

With a price-to-earnings (or "P/E") ratio of 9.1x Iren SpA ( BIT:IRE ) may be sending bullish signals at the moment...
Analysis Article Dec 23

Iren (BIT:IRE) May Have Issues Allocating Its Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Analysis Article Dec 08

Calculating The Fair Value Of Iren SpA (BIT:IRE)

Key Insights Using the Dividend Discount Model, Iren fair value estimate is €2.02 Current share price of €2.08 suggests...
Analysis Article Sep 01

Iren (BIT:IRE) Is Reinvesting At Lower Rates Of Return

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Analysis Article Aug 14

Iren (BIT:IRE) Has No Shortage Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jul 06

Calculating The Intrinsic Value Of Iren SpA (BIT:IRE)

Key Insights The projected fair value for Iren is €1.70 based on Dividend Discount Model Current share price of €1.65...
Analysis Article Jun 16

Is There Now An Opportunity In Iren SpA (BIT:IRE)?

Iren SpA ( BIT:IRE ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the...
Analysis Article Apr 13

Iren (BIT:IRE) Hasn't Managed To Accelerate Its Returns

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Mar 29

The Iren SpA (BIT:IRE) Analysts Have Been Trimming Their Sales Forecasts

Today is shaping up negative for Iren SpA ( BIT:IRE ) shareholders, with the analysts delivering a substantial negative...
Analysis Article Mar 25

Iren (BIT:IRE) Has A Somewhat Strained Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Feb 15

Is Iren SpA (BIT:IRE) Potentially Undervalued?

Iren SpA ( BIT:IRE ), is not the largest company out there, but it saw a decent share price growth in the teens level...
Analysis Article Jan 09

Estimating The Intrinsic Value Of Iren SpA (BIT:IRE)

Key Insights Iren's estimated fair value is €1.7 based on Dividend Discount Model Current share price of €1.6 suggests...
Analysis Article Nov 27

Here's What's Concerning About Iren's (BIT:IRE) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

CEO Compensation Analysis

How has Gianluca Bufo's remuneration changed compared to Iren's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

€294m

Dec 31 2025n/an/a

€301m

Sep 30 2025n/an/a

€292m

Jun 30 2025n/an/a

€304m

Mar 31 2025n/an/a

€279m

Dec 31 2024€218k€144k

€268m

Compensation vs Market: Gianluca's total compensation ($USD253.46K) is below average for companies of similar size in the Italian market ($USD3.49M).

Compensation vs Earnings: Insufficient data to compare Gianluca's compensation with company performance.


CEO

Gianluca Bufo (52 yo)

1.7yrs
Tenure
€218,100
Compensation

Mr. Gianluca Bufo is CEO and General Manager of Iren Group of Iren SpA from September 2024 and serves as Director. Mr. Bufo was Chief Executive Officer of IrenMercato of Iren SpA from July 2015 to Septembe...


Leadership Team

NamePositionTenureCompensationOwnership
Luca Fabbro
Chairman and Strategic Director of Finance3.9yrs€841.40kno data
Gianluca Bufo
CEO, GM of Iren Group & Director1.7yrs€218.10kno data
Moris Ferretti
Vice-Chairman and Strategic Director of Human Resources10.9yrs€557.60kno data
Giovanni Gazza
Chief Financial Officer2.4yrsno datano data
Carlo Dubini Dacco
Head of Investor Relationsno datano datano data
Maximilian Abraham
Director of Legal Affairs4.3yrsno datano data
Massimo Levrino
Head of CEO Office4.5yrsno datano data
Eugenio Bertolini
Chief Executive Officer of Iren Ambiente5.8yrsno datano data
Giuseppe Bergesio
Chief Executive Officer of Iren Energia12.5yrsno datano data
Fabio Giuseppini
Chief Executive Officer of the IRETI10.3yrsno datano data
Paolo Robutti
CEO of Iren Mercatoless than a yearno datano data
3.5yrs
Average Tenure
59yo
Average Age

Experienced Management: IRE's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Luca Fabbro
Chairman and Strategic Director of Finance3.9yrs€841.40kno data
Gianluca Bufo
CEO, GM of Iren Group & Directorno data€218.10kno data
Moris Ferretti
Vice-Chairman and Strategic Director of Human Resources10.9yrs€557.60kno data
Licia Soncini
Independent Director10yrs€50.00kno data
Enrica Ghia
Independent Director7yrs€48.80kno data
Sonia Ferrero
Chairman of Board of Auditors5yrsno datano data
Cristiano Lavaggi
Independent Director7yrs€66.00kno data
Pietro Giampellegrini
Independent Director7yrs€95.00kno data
Giacomo Malmesi
Independent Director7yrs€90.00kno data
Gianluca Micconi
Independent Director7yrs€50.00kno data
Francesca Grasselli
Independent Director7yrs€64.70kno data
Francesca Culasso
Independent Director3.9yrs€91.00kno data
7.0yrs
Average Tenure
54yo
Average Age

Experienced Board: IRE's board of directors are considered experienced (7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 10:38
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 world class team 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 SpA is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Francesco SalaBanca Akros S.p.A. (ESN)
Tommaso MarabiniBanca Akros S.p.A. (ESN)
Francesco SalaBanca Akros S.p.A. (ESN)