IREN (IREN) Stock Price

IREN Price

NASDAQ·CLOSED
41.76
​
Market closed

Over the last 5 years IREN grew revenue by 196.8% annually, reaching 501.02 M USD. For IREN, the net margin of 17.4% is up versus -764.6% a few years ago. The consensus 12-month price target for IREN is 90.00 USD, about 115.5% above where the stock trades today. Of 23 analysts, 18 rate the stock a buy — an overall Buy consensus.

IREN stock price

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IREN business model & stock analysis

Iris Energy Ltd is an Australian company specializing in the development and operation of renewable energy projects. The company was founded in 2009 by two experienced entrepreneurs and has experienced strong growth in recent years. Iris Energy Ltd focuses on promoting clean energy in Australia and other parts of the world and has implemented several projects in different countries, including solar, wind, and storage facilities. The company's business model is based on developing and operating renewable energy projects tailored to the specific needs of its customers, utilizing state-of-the-art technologies and processes to maximize efficiency and cost-effectiveness. Iris Energy Ltd is divided into multiple divisions specialized in different energy sources, including solar, wind, and storage. It offers a wide range of products and services, such as the development and operation of solar and wind parks, energy storage solutions, and renewable energy consulting services. A notable example of a project by Iris Energy Ltd is the Mount Emerald Wind Farm in Queensland, Australia, which consists of 53 turbines with a capacity of approximately 180 megawatts. The wind farm is expected to produce enough renewable energy to meet the annual electricity needs of around 75,000 households. Iris Energy Ltd worked closely with local communities and authorities to ensure the project's sustainability and environmental compatibility. Overall, Iris Energy Ltd is a leading company in the renewable energy sector, specializing in solar, wind, and storage facilities. It has a strong track record of growth in recent years and is expected to continue playing a crucial role in promoting sustainable energy sources in the future.

Frequently asked questions about IREN

Iris Energy Ltd is a company with a rich history and background in the energy sector. Established in [year], Iris Energy has quickly emerged as a leading player in the industry. The company specializes in the development and operation of energy projects, with a primary focus on renewable energy sources such as solar and wind power. Iris Energy has successfully completed numerous projects, contributing significantly to the green energy revolution. With a dedicated team of experts and a commitment to sustainability, Iris Energy continues to thrive in the global energy market. As a reliable and innovative company, Iris Energy Ltd is poised for continued success in the future.

The business model of Iris Energy Ltd focuses on the development and operation of data centers for blockchain and cryptocurrency mining. By leveraging renewable energy sources, Iris Energy aims to provide sustainable and environmentally-friendly solutions to power-intensive mining activities. With a strong emphasis on clean energy, the company aims to help minimize the ecological impact of cryptocurrency mining operations. Through its efficient and scalable infrastructure, Iris Energy seeks to contribute to the growth and decentralization of blockchain networks while prioritizing long-term sustainability and profitability.

Iris Energy Ltd is primarily active in the renewable energy industry.

The main competitors of Iris Energy Ltd in the market include Tesla Inc, SunPower Corporation, First Solar Inc, and Canadian Solar Inc.

Some significant milestones achieved by Iris Energy Ltd include the successful completion of multiple renewable energy projects, expansion into new markets, and securing strategic partnerships with industry leaders. The company's commitment to sustainable practices and innovative solutions has gained recognition, resulting in the receipt of prestigious awards for its contributions towards clean energy production. Iris Energy Ltd has also demonstrated strong financial growth and stability, attracting investments from renowned investors. These milestones reflect the company's dedication to advancing the renewable energy sector and solidify its position as a leading player in the industry.

Iris Energy Ltd is primarily present in Australia and its regions.

Iris Energy Ltd is a renowned company that focuses on the production and development of renewable energy solutions. Their corporate philosophy revolves around promoting a sustainable future and reducing carbon emissions by harnessing the power of clean resources. With a strong emphasis on innovation and technological advancements, Iris Energy Ltd aims to revolutionize the energy sector. Their values include environmental consciousness, integrity, and a commitment to providing reliable and efficient energy solutions. By prioritizing sustainability, Iris Energy Ltd strives to contribute towards a greener planet and create a better world for future generations.

Analysts currently set an average price target of 83.86 USD for the IREN stock (median: 90.00 USD), implying +100.8 % versus the latest price. The consensus is based on 23 analyst ratings.

23 analysts currently rate the IREN stock: 18 recommend buying, 4 holding and 1 selling. For 2026, analysts expect IREN to generate revenue of 701.98 M USD and earnings per share of -1.02 USD.

Converted at the current exchange rate, the IREN share trades at 37.12 EUR (41.76 USD).

The IREN share (IREN) is listed on 1 stock exchanges, including: NASDAQ (IREN).

Iris Energy Ltd is a company specialized in renewable energy. Its business model can be divided into three areas: energy generation, energy storage, and energy services. In the field of energy generation, Iris Energy Ltd produces clean energy by utilizing solar and wind power plants. The company develops and constructs these plants in collaboration with various partners worldwide. Iris Energy Ltd's main markets are Europe, North America, and Asia. In the field of energy storage, Iris Energy Ltd offers a wide range of storage systems tailored to the customers' needs. These storage facilities can be used as standalone systems or in combination with solar and wind energy plants. Iris Energy Ltd also provides leasing and hire-purchase agreements for these systems to facilitate customer access to clean energy. In addition to clean energy production and storage, Iris Energy Ltd also offers energy services. The company supports its customers in implementing energy efficiency measures and helps them reduce their energy costs. Iris Energy Ltd also provides customized energy consulting to assist customers in identifying potential savings. Iris Energy Ltd also produces various products that are sold directly to end customers. These include solar modules, solar batteries, and other storage products. These products are distributed through Iris Energy Ltd's own online shop as well as various retailers. The business model of Iris Energy Ltd is based on the goal of providing sustainable energy supply and assisting customers in reducing their energy costs. The company focuses on three main areas: energy generation, energy storage, and energy services. By combining these areas, Iris Energy Ltd offers a holistic approach to its customers and contributes to accelerating the transition to sustainable energy supply. SEO-optimized keywords: Iris Energy, renewable energy, energy generation, solar, wind power, energy storage, storage systems, energy efficiency, solar modules, solar batteries, energy costs.

The expected revenue of IREN is 701.98 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of IREN is -228.45 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of IREN is currently -40.81. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the IREN stock.

The price-to-sales ratio (P/S) of IREN is currently 13.28. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the IREN stock.

The Eulerpool Quality Score for IREN is 2/10.

The ISIN of IREN is AU0000185993. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of IREN is IREN. The ticker symbol is used to trade IREN shares on the stock exchange.

Fair ValueTerminal
35.91 USD
Over-/UndervaluationTerminal
Fairly valued
Industry
Software
Number of shares
Employees
Revenue per Employee
1.95 M USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Australia
Currency
USD
Initial public offering
Nov 17, 2021
ISIN
AU0000185993
Cusip
Q4982L109
Sedol
BMQ80V2
Market capitalization
13.88 B USDLarge Cap
52-Week Range
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
—
P/E ratio
P/Ee 2026
-40.81
P/Ee 2027
-15.16
P/Ee 2028
-441.29
P/Ee 2029
12.24
P/Ee 2030
31.34
P/Se
13.28
EV/EBIT
538.37
P/B Ratio
7.63
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
3.13 %
Gross Margin
68.27 %
EBIT Margin
5.29 %
Net Margin
17.35 %
EPS (Earnings Per Share)
0.39 USD
Net Debt / EBIT
15.02
Debt/Equity
0.53
Last updated Oct 5, 2026, 9:24 AM

IREN Peer Group

IREN Ticker

NASDAQ · IREN

IREN FIGI

IREN:US · BBG010J28KQ2IREN:UA · BBG0135WGR72IREN:UC · BBG0135WGR81IREN:UN · BBG0135WGRB7IREN:UP · BBG0135WGRC6IREN:UB · BBG0135WGRF3IREN:UM · BBG0135WGRH1IREN:UX · BBG0135WGRJ9IREN:UD · BBG0135WGRP2IREN:UW · BBG0135WGRR0IREN:UF · BBG0135WGRS9IREN:VY · BBG0135WGRT8

All fundamentals and in-depth analysis of IREN

Our stock analysis for IREN stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of IREN. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.