IREN

Attention (50-day avg)0.97%

Attention rank (50-day avg)#19

Bullish sentiment (50-day avg)74%

Price to earnings ratio52.6

Market capitalization16.4B

Earnings per share-2.22

Dividend yield (TTM)—

Revenue (annual)707M

Net income (annual)-702.6M

Social

What share of all stock conversation is about IREN?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Attention	1.1% -0.14	1.21% +0.46	0.76% -0.18	0.75% +0.6

Sep 30

The author believes $IREN has explosive potential for a day of trading and is adding to their position, citing a "multiyear thesis" for the company.
The author provides a visual growth estimate for $IREN, with expected share prices ranging from $38-$200 by 2030, based on guidance and buildout maps.
The author is a long-term $IREN holder, but is getting frustrated with the share price, and notes that $IREN has more upside potential compared to another company, $NBIS.

Generated by AI

Sentiment

Of the messages about IREN that take a side, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Bullish	70.03% -7.07	73.2% -16.58	79.89% +12.5	79.57% -6.92
Bearish	29.97% +7.07	26.8% +16.58	20.11% -12.5	20.43% +6.92

Bullish· Sep 29

The company has a strong growth trajectory, with a potential ARR of $15B in 2027, and $34.5B in 2028, assuming $23M ARR/MW.
The stock has a significant upside potential, with a $78 price target and nearly 87% upside from the current price.
The institutional buildout is strong, with major investors like Bank of America, BlackRock, and Goldman Sachs holding significant stakes in the company.

Bearish· Sep 29

The company's stock price has plummeted despite significant achievements, such as becoming an NVIDIA partner and delivering Horizon 1.
The stock has been unable to break out of its downtrend, with lower highs and lower lows for nearly a year, and its market capitalization is significantly lower than expected.
The company's valuation debate is getting harder to ignore, with its estimated intrinsic value being 73% lower than its current market price, and it remains unprofitable despite a $4B annual recurring revenue.

Generated by AI

Topics

Of the messages about IREN that carry a topic, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y
Analysts	23.44%	17.28%	21.5%	34.05%
Technical Analysis	34.93%	25.06%	17.58%	6.51%
Announcements	38.65%	32.41%	28.24%	9.43%
Macro	2.45%	15.85%	20.98%	42.54%
Earnings	0.53%	9.4%	11.32%	7.33%
Controversies	0%	0%	0.38%	0.15%

Earnings· Aug 28

IREN Ltd. reported Q4 FY26 revenue of $137.2M, roughly in line with estimates, but missed on adjusted EBITDA of $19.2M vs. the ~$41M expected.
The company's Q4 FY26 earnings were negatively impacted by a $684M net loss, mainly due to a one-time accounting artifact of exiting mining.
IREN's AI Cloud revenue hit $70.5M, more than doubling sequentially, and the company has $4B in contracted ARR for 2026 capacity, with $1B currently operational.

Analysts· Sep 21

IREN Limited's shift from Bitcoin mining to AI cloud computing is expected to drive massive growth, with a $9.7B Microsoft contract and a $2.1B NVIDIA investment.
Analysts are bullish on IREN, with JPMorgan and Northland initiating coverage at Overweight and Outperform, respectively, and setting price targets of $65 and $99.
IREN's valuation is a topic of debate, with some analysts, like Rothschild, expressing concerns about credit markets pricing risks that equities ignore, while others, like JPMorgan, see significant upside potential.

Announcements· Sep 29

IREN Ltd. has secured a $9.7B Microsoft deal and a $3.4B NVIDIA deal, and has seen its AI Cloud revenue more than double to $70.5M QoQ.
The company has also secured new contracts with Perplexity, Cohere, and Figure AI, and is rapidly shifting from Bitcoin mining to AI infrastructure.
Morgan Stanley has upgraded IREN to a buy rating, citing its strong growth potential in the AI infrastructure market, with AI cloud revenue already surpassing Bitcoin income.

Controversies· Nov 3

IREN Ltd. has secured a $9.7 billion AI cloud contract with Microsoft, which will deploy NVIDIA GB300 GPUs across 200MW of AI infrastructure at its 750MW Texas campus.
The five-year partnership between IREN and Microsoft will see IREN spend $5.8 billion on Dell hardware, with the first phase of the project rolling out in 2026.
The deal has sparked a 30% increase in IREN's share price, with some analysts questioning whether the contract will have a lasting impact on the company's future.

Macro· Sep 22

Texas Governor Abbott has directed TCEQ to pause new air and water permits tied to data center development until ERCOT completes its ongoing audit of large loads, potentially creating a two-tier market for data center MW.
Demand for ready-to-use compute is outrunning supply, with $NBIS raising Token Factory PAYG Dedicated Endpoint pricing by 16%–20% and $IREN remaining 2027–2028 capacity matters due to anticipated power shortages.
The AI infrastructure race is starting to look like a race against the clock, with $IREN facing stricter requirements around grid access, deposits, permitting, and project readiness, and IREN carrying $7.84B debt, making buy delivered capacity and paid contracts more appealing.

Technical Analysis· Sep 29

$IREN has been in a range-bound state since September last year, with support zones at $40-$38 and $34.
The 50 SMA is currently at $41.40, and the price has been pressing into a key breakout zone near $49.20, with the possibility of a target price of $69.43 if this level clears.
The chart has a cautiously bullish lean over the next 1 to 5 trading days, with support sitting close by at $41.29, but bulls are struggling to break above June highs, with a higher probability sell.

Generated by AI

Community

Of the messages about IREN, what share comes from each group?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Regulars	83.86%	86.98%	87.32%	65.76%
Newcomers	16.14%	13.02%	12.68%	34.24%

Regulars· Sep 30

$IREN is experiencing a "parabolic overnight" move, with news potentially driving the price.
The author has a long-term thesis for $IREN, projecting significant growth, and has shared a graphic illustrating their estimates.
The author is concerned about the share price not reflecting the company's potential, and is frustrated with the lack of progress, despite being a long-time holder since June 2025.

Newcomers· Sep 30

The newcomer is focusing on the technical analysis of IREN, specifically the formation of bullish diamonds and the importance of the price ladder from 2028 for sustained momentum.
The newcomer is analyzing IREN's guidance and financials, specifically the 2026-2027 guidance and the YE ranges for 2026-2030, and is concerned about dilution and delivery lag.
The newcomer is waiting for a meaningful dip in the stock price to rebuy a position, and is optimistic that shareholders will be rewarded for their patience.

Generated by AI

Key Stats for IREN StockCurrent Price: $44. 13Target Price (Mid): ~$90Street Target: ~$78 (12-month mean)Potential Total Return: ~105%Annualized IRR: ~16% / yearWhat Happened?Rothschild & Co Redburn analyst Alexander Haissl started coverage of IREN Limited (IREN) at Neutral with a $40 target on September 21, 2026.

1d agoYahoo Finance

IREN Just Got a Reality Check From Wall Street

Analyst Kevin Dede highlighted IREN's ability to deliver computing capacity but raised concerns about customer quality and executive compensation.

1d agoYahoo Finance

IREN: The Company Is Impressive, The Valuation Is Even More (NASDAQ:IREN)

IREN Limited offers a compelling advantage in delivering compute capacity where electricity, facilities, and execution intersect. Read more on IREN stock here.

1d agoSeeking Alpha

IREN’s Yearlong Downward Trend Continues: A Prominent Wall Street Firm Says It Will Double and Then Some

IREN has shed 42% from its peak while rivals like TeraWulf and Cipher Mining kept their yearly gains, yet a prominent Wall Street analyst just slapped a $100 price target on the stock. Whether that gap signals a rare opportunity or a trap depends entirely on one make-or-break quarter.

2d agoYahoo Finance

Jones Trading initiates IREN stock with Hold on customer concerns

2d agoInvesting.com

JPMorgan Predicts IREN Will Generate $24 Billion in Annual Revenue by 2030

JPMorgan just flipped its IREN rating from Underweight to Overweight and attached a price target that implies the company barely exists yet relative to what it could become, and the math behind that call raises a question every investor in AI infrastructure needs to answer.

3d agoYahoo Finance

Also Discussed

Investors talking about IREN also mention

#	Name	Attention
1	Cipher Digital Inc.CIFR	0.19%-0.62
2	Nebius Group N.V. Class A Ordinary SharesNBIS	0.93%-0.15
3	TeraWulf Inc.WULF	0.02%-0.52
4	Bitfarms Ltd.BITF	0%0
5	Core Scientific, Inc.CORZ	0%-0.02
6	Applied Digital CorporationAPLD	0.16%-0.04
7	Cleanspark IncCLSK	0.05%-0.01
8	CoreWeave, Inc. Class A Common StockCRWV	0.23%-0.34
9	Bitdeer Technologies Group Class A Ordinary SharesBTDR	0%-0.06
10	Ondas Inc.ONDS	0.31%-0.01

IREN Ltd.

Financial Services
Capital Markets

IREN Ltd. is a data center and digital infrastructure company that operates large-scale, renewable energy-powered facilities in North America. The company provides the compute, power, cooling, and networking infrastructure needed for Bitcoin mining and AI cloud services, including GPU-based workloads for training and inference. Its business is built around vertically integrated operations, combining land, grid connections, substations, and data center facilities with managed services that support enterprise and high-performance computing customers. IREN Ltd. also maintains Bitcoin mining operations alongside its growing AI cloud platform, positioning the company at the intersection of energy-efficient computing and high-demand digital workloads. Headquartered in Sydney, Australia, IREN Ltd. serves a role in the market as an operator of power-dense infrastructure for both cryptocurrency and artificial intelligence applications.

Website

Location

55 Market Street

Sydney, NSW, 2000

Australia

Social

What share of all stock conversation is about IREN?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Attention	1.1% -0.14	1.21% +0.46	0.76% -0.18	0.75% +0.6

Sep 30

The author believes $IREN has explosive potential for a day of trading and is adding to their position, citing a "multiyear thesis" for the company.
The author provides a visual growth estimate for $IREN, with expected share prices ranging from $38-$200 by 2030, based on guidance and buildout maps.
The author is a long-term $IREN holder, but is getting frustrated with the share price, and notes that $IREN has more upside potential compared to another company, $NBIS.

Generated by AI

Sentiment

Of the messages about IREN that take a side, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Bullish	70.03% -7.07	73.2% -16.58	79.89% +12.5	79.57% -6.92
Bearish	29.97% +7.07	26.8% +16.58	20.11% -12.5	20.43% +6.92

Bullish· Sep 29

The company has a strong growth trajectory, with a potential ARR of $15B in 2027, and $34.5B in 2028, assuming $23M ARR/MW.
The stock has a significant upside potential, with a $78 price target and nearly 87% upside from the current price.
The institutional buildout is strong, with major investors like Bank of America, BlackRock, and Goldman Sachs holding significant stakes in the company.

Bearish· Sep 29

The company's stock price has plummeted despite significant achievements, such as becoming an NVIDIA partner and delivering Horizon 1.
The stock has been unable to break out of its downtrend, with lower highs and lower lows for nearly a year, and its market capitalization is significantly lower than expected.
The company's valuation debate is getting harder to ignore, with its estimated intrinsic value being 73% lower than its current market price, and it remains unprofitable despite a $4B annual recurring revenue.

Generated by AI

Topics

Of the messages about IREN that carry a topic, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y
Analysts	23.44%	17.28%	21.5%	34.05%
Technical Analysis	34.93%	25.06%	17.58%	6.51%
Announcements	38.65%	32.41%	28.24%	9.43%
Macro	2.45%	15.85%	20.98%	42.54%
Earnings	0.53%	9.4%	11.32%	7.33%
Controversies	0%	0%	0.38%	0.15%

Earnings· Aug 28

IREN Ltd. reported Q4 FY26 revenue of $137.2M, roughly in line with estimates, but missed on adjusted EBITDA of $19.2M vs. the ~$41M expected.
The company's Q4 FY26 earnings were negatively impacted by a $684M net loss, mainly due to a one-time accounting artifact of exiting mining.
IREN's AI Cloud revenue hit $70.5M, more than doubling sequentially, and the company has $4B in contracted ARR for 2026 capacity, with $1B currently operational.

Analysts· Sep 21

IREN Limited's shift from Bitcoin mining to AI cloud computing is expected to drive massive growth, with a $9.7B Microsoft contract and a $2.1B NVIDIA investment.
Analysts are bullish on IREN, with JPMorgan and Northland initiating coverage at Overweight and Outperform, respectively, and setting price targets of $65 and $99.
IREN's valuation is a topic of debate, with some analysts, like Rothschild, expressing concerns about credit markets pricing risks that equities ignore, while others, like JPMorgan, see significant upside potential.

Announcements· Sep 29

IREN Ltd. has secured a $9.7B Microsoft deal and a $3.4B NVIDIA deal, and has seen its AI Cloud revenue more than double to $70.5M QoQ.
The company has also secured new contracts with Perplexity, Cohere, and Figure AI, and is rapidly shifting from Bitcoin mining to AI infrastructure.
Morgan Stanley has upgraded IREN to a buy rating, citing its strong growth potential in the AI infrastructure market, with AI cloud revenue already surpassing Bitcoin income.

Controversies· Nov 3

IREN Ltd. has secured a $9.7 billion AI cloud contract with Microsoft, which will deploy NVIDIA GB300 GPUs across 200MW of AI infrastructure at its 750MW Texas campus.
The five-year partnership between IREN and Microsoft will see IREN spend $5.8 billion on Dell hardware, with the first phase of the project rolling out in 2026.
The deal has sparked a 30% increase in IREN's share price, with some analysts questioning whether the contract will have a lasting impact on the company's future.

Macro· Sep 22

Texas Governor Abbott has directed TCEQ to pause new air and water permits tied to data center development until ERCOT completes its ongoing audit of large loads, potentially creating a two-tier market for data center MW.
Demand for ready-to-use compute is outrunning supply, with $NBIS raising Token Factory PAYG Dedicated Endpoint pricing by 16%–20% and $IREN remaining 2027–2028 capacity matters due to anticipated power shortages.
The AI infrastructure race is starting to look like a race against the clock, with $IREN facing stricter requirements around grid access, deposits, permitting, and project readiness, and IREN carrying $7.84B debt, making buy delivered capacity and paid contracts more appealing.

Technical Analysis· Sep 29

$IREN has been in a range-bound state since September last year, with support zones at $40-$38 and $34.
The 50 SMA is currently at $41.40, and the price has been pressing into a key breakout zone near $49.20, with the possibility of a target price of $69.43 if this level clears.
The chart has a cautiously bullish lean over the next 1 to 5 trading days, with support sitting close by at $41.29, but bulls are struggling to break above June highs, with a higher probability sell.

Generated by AI

Community

Of the messages about IREN, what share comes from each group?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Regulars	83.86%	86.98%	87.32%	65.76%
Newcomers	16.14%	13.02%	12.68%	34.24%

Regulars· Sep 30

$IREN is experiencing a "parabolic overnight" move, with news potentially driving the price.
The author has a long-term thesis for $IREN, projecting significant growth, and has shared a graphic illustrating their estimates.
The author is concerned about the share price not reflecting the company's potential, and is frustrated with the lack of progress, despite being a long-time holder since June 2025.

Newcomers· Sep 30

The newcomer is focusing on the technical analysis of IREN, specifically the formation of bullish diamonds and the importance of the price ladder from 2028 for sustained momentum.
The newcomer is analyzing IREN's guidance and financials, specifically the 2026-2027 guidance and the YE ranges for 2026-2030, and is concerned about dilution and delivery lag.
The newcomer is waiting for a meaningful dip in the stock price to rebuy a position, and is optimistic that shareholders will be rewarded for their patience.

Generated by AI

IREN

Social

Sep 30

Bullish· Sep 29

Bearish· Sep 29

Earnings· Aug 28

Analysts· Sep 21

Announcements· Sep 29

Controversies· Nov 3

Macro· Sep 22

Technical Analysis· Sep 29

Regulars· Sep 30

Newcomers· Sep 30

IREN Stock Is Up 17% in 2026. Here’s Where the Stock Could Go

IREN Just Got a Reality Check From Wall Street

IREN: The Company Is Impressive, The Valuation Is Even More (NASDAQ:IREN)

IREN’s Yearlong Downward Trend Continues: A Prominent Wall Street Firm Says It Will Double and Then Some

Jones Trading initiates IREN stock with Hold on customer concerns

JPMorgan Predicts IREN Will Generate $24 Billion in Annual Revenue by 2030

Also Discussed

IREN Ltd.

Company Information

Location

IREN Stock Is Up 17% in 2026. Here’s Where the Stock Could Go

IREN Just Got a Reality Check From Wall Street

IREN: The Company Is Impressive, The Valuation Is Even More (NASDAQ:IREN)

IREN’s Yearlong Downward Trend Continues: A Prominent Wall Street Firm Says It Will Double and Then Some

Jones Trading initiates IREN stock with Hold on customer concerns

JPMorgan Predicts IREN Will Generate $24 Billion in Annual Revenue by 2030

Also Discussed

Social

Sep 30

Bullish· Sep 29

Bearish· Sep 29

Earnings· Aug 28

Analysts· Sep 21

Announcements· Sep 29

Controversies· Nov 3

Macro· Sep 22

Technical Analysis· Sep 29

Regulars· Sep 30

Newcomers· Sep 30