How to Buy Iren Stock
Iren Ltd
IREN Limited operates in the vertically integrated data center business in Australia and Canada. The company owns and operates computing hardware, as well as electrical infrastructure and data centers.
Iren stock last closed at $40.13, down 8.67% from the previous day, and has increased 198.81% in one year. It has overperformed other stocks in the Capital Markets industry by 1.95 percentage points. Iren stock is currently +683.02% from its 52-week low of $5.13, and -47.79% from its 52-week high of $76.87.
At the moment, there are 283.47M IREN shares outstanding. The market capitalization of IREN is $11.38B. In the past 24 hours, 35.61M IREN shares were traded.
How to Buy Iren Stock
Not sure how to invest in Iren stock? Here's how.
- Choose where to buy Iren stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Iren stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Select your payment method and add your details.
- Research Iren stock: The Iren ticker symbol is IREN. Is Iren stock a good investment? Should you buy shares of IREN? How do IREN's underlying business fundamentals look? Do top analysts think Iren is a good buy? Why has IREN's stock price moved recently? (Hint: Our stock research website can help you understand if IREN is a good stock to buy).
- Place your IREN trade: Decide if you will purchase IREN shares at the current market price or use a limit order to purchase IREN shares at a particular price.
- Get the latest scoop on your IREN position: Create a watchlist to important notifications about your investment in Iren shares.
Step 1: Choose where to buy Iren stock
You will need a brokerage account to access the NASDAQ market and buy IREN stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal information so you can invest in IREN today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create your new trading account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have opened your account on the best stock market app for beginners, you need to deposit funds:
Check out the video below if you need help transferring funds into your brokerage account.
Step 4: Research Iren stock
Once you have decided on the best place to buy Iren stock, it's absolutely critical to evaluate their stock before you buy, so you can comprehend the risk and opportunity.
Iren shares quick numbers
IREN Overview
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on IREN's stock page.
Is IREN stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge IREN's true value.
Using relative valuations ratios:
- IREN could be overvalued based on its P/E ratio of 29.86x, relative to Capital Markets industry P/E ratio of 20.43x
- IREN could be overvalued based on its P/B ratio of 6.09x, relative to Capital Markets industry P/B ratio of 2.88x
- IREN may be overvalued based on its PEG ratio of 1.91x
You can do additional valuation analysis on IREN's stock here.
IREN Financial Health Summary
Passed Health Checks:
- IREN has $672.19M in cash and short term investments. This is enough to cover its annual cash burn of $540.78M.
- IREN has cash burn of 540779870. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the IREN balance sheet.
- IREN profit margin has gone up from -36.6% to 75.8% in the past year.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the IREN balance sheet.
- IREN has a relatively high debt to equity ratio of 0.48.
Is it a good time to buy IREN stock, according to analysts?
Out of 9 Wall Street analysts who give ratings on IREN, the consensus analyst rating on IREN is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest IREN Analyst Upgrades/Downgrades
Paul Golding, a top 7% analyst from Macquarie maintains IREN with a buy rating and raises their IREN price target from $55.00 to $86.00, on Oct 22, 2025.
Gregory Lewis, a top 5% analyst from BTIG maintains IREN with a strong buy rating and raises their IREN price target from $32.00 to $75.00, on Oct 14, 2025.
BTIG's Gregory Lewis raised their price target on Iren (NASDAQ: IREN) by 134.4% from $32 to $75 on 2025/10/14. The analyst maintained their Strong Buy rating on the stock.
Lewis reported that a deep dive into their Crypto Mining portfolio catalyzed their price target hike on Iren.
Based on BTIG's channel checks, Neoclouds and some hyperscalers are showing growing demand for prompt power, the analyst told readers.
Lewis continued, noting that this bodes well for companies that can meet the demand and secure HPC colocation contracts.
An analyst from Arete Research initiates coverage on IREN with a strong buy rating and announces their IREN price target of $78.00, on Sep 24, 2025.
Darren Aftahi, a bottom 5% analyst from Roth Capital maintains IREN with a strong buy rating and raises their IREN price target from $35.00 to $82.00, on Sep 23, 2025.
Lucas Pipes, a top 3% analyst from B. Riley Securities maintains IREN with a strong buy rating and raises their IREN price target from $22.00 to $29.00, on Aug 29, 2025.
You can dig deeper into what analysts are forecasting on the Iren stock forecast page.
IREN Technicals
Is IREN Growing Revenue?
Last year, IREN revenue was $448.12M. In the last 2 year, IREN's revenue has gone up by 175.99% per year. This was faster than the Capital Markets industry average of 20.57%.
You can research IREN's earnings and revenue performance here.
Are IREN insiders buying or selling the stock?
In the past year, insiders at IREN have sold more shares than they have bought.
Daniel John Roberts, Co-Chief Executive Officer of IREN, was the latest IREN insider to sell. They sold $33,131,000.00 worth of IREN stock on Sep 11, 2025.
Learn more about who owns IREN shares here.
Does IREN provide a stable income stream?
No, Iren doesn't provide an income stream by paying out dividends.
IREN Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your IREN trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open Trade button and your broker will place your order.
If you need additional help investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your IREN position
Now that you own some IREN shares, you'll want to keep up with your stock purchase.
Add IREN to a watchlist to track the latest developments regarding your IREN stock.
IREN Feed
How to Buy Stock in Iren
To summarize, here are the 6 steps to buy stock in Iren:
- Choose where to buy Iren stock
- Sign up for a brokerage account
- Put funds into your investment account
- Research Iren stock
- Place your IREN trade
- Get the latest scoop on your IREN position
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Iren, click the button below.
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