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 $42.93, down 6.98% from the previous day, and has increased 233.83% in one year. It has overperformed other stocks in the Capital Markets industry by 2.28 percentage points. Iren stock is currently +737.66% from its 52-week low of $5.13, and -44.15% from its 52-week high of $76.87.
At the moment, there are 332.28M IREN shares outstanding. The market capitalization of IREN is $14.26B. In the past 24 hours, 35.75M 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 42.34x, relative to Capital Markets industry P/E ratio of 19.02x
- IREN could be overvalued based on its P/B ratio of 8.18x, relative to Capital Markets industry P/B ratio of 2.85x
- IREN may be overvalued based on its PEG ratio of 1.75x
You can do additional valuation analysis on IREN's stock here.
IREN Financial Health Summary
Passed Health Checks:
- IREN has $2.26B in cash and short term investments. This is enough to cover its annual cash burn of $868.29M.
- IREN has cash burn of 868288888. 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 -33% to 46% 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 1.8.
Is it a good time to buy IREN stock, according to analysts?
Out of 10 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
Reginald Smith, a top 22% analyst from JP Morgan maintains IREN with a strong sell rating and raises their IREN price target from $28.00 to $39.00, on Nov 24, 2025.
JP Morgan's Reginald Smith raised their price target on Iren (NASDAQ: IREN) by 39.3% from $28 to $39 on 2025/11/24. The analyst maintained their Strong Sell rating on the stock.
Smith cited the "flurry of deal activity" in HPC (High Performance Compute) for their increased faith in Bitcoin miners.
For their target hike on Iren, the analyst pointed to more robust integrated cloud valuation assumptions.
Greg Miller, a top 12% analyst from Citizens initiates coverage on IREN with a buy rating and announces their IREN price target of $80.00, on Nov 19, 2025.
Gregory Lewis, a top 3% 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.
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 6% 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.
You can dig deeper into what analysts are forecasting on the Iren stock forecast page.
IREN Technicals
Is IREN Growing Revenue?
Last year, IREN earnings were $242.35M. In the last 3 year, IREN's earnings have gone up by 67.95% per year. This was faster than the Capital Markets industry average of 28.64%.
Last year, IREN revenue was $526.30M. During the past 3 year, IREN's revenue has grown by 228.75% per year. This was faster than the Capital Markets industry average of 21.03%.
Dive into IREN's earnings and revenue performance here.
What are IREN executives and large shareholders up to?
In the past 12 months, executives and large shareholders 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 shares on Sep 11, 2025.
Get more info about who owns IREN stock here.
Does IREN provide a stable income stream?
No, Iren doesn't provide an income stream by paying out dividends.
What do other investors have to say about IREN?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your IREN trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, place a limit order.
Click the Open Trade button and eToro will execute the order.
If you want more info about 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 stock, you'll want to stay up-to-date on your company.
Make 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 are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep track of your investment in Iren, add IREN to your watchlist below.
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