How to Buy Iren Stock
Iren Ltd
IREN Limited operates in the integrated data center business. It owns and operates data centers powered by renewable energy. Its grid-connected facilities are purpose-built for the power-dense computing applications.
Iren stock last closed at $37.14, up 9.36% from the previous day, and has increased 380.47% in one year. It has overperformed other stocks in the Capital Markets industry by 3.5 percentage points. Iren stock is currently +624.68% from its 52-week low of $5.13, and -0.24% from its 52-week high of $37.23.
At the moment, there are 271.98M IREN shares outstanding. The market capitalization of IREN is $10.10B. In the past 24 hours, 38.21M 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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- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by opening an account with eToro today. This offer is only for US users.
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 138.58x, relative to Capital Markets industry P/E ratio of 23.58x
- IREN could be overvalued based on its P/B ratio of 8.5x, relative to Capital Markets industry P/B ratio of 2.76x
- IREN may be undervalued based on its PEG ratio of 0.97x
You can do additional valuation analysis on IREN's stock here.
IREN Financial Health Summary
Passed Health Checks:
- IREN profit margin has gone up from -15.4% to 17.4% in the past year.
- There are more short-term assets than short-term liabilities on the IREN balance sheet.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the IREN balance sheet.
- IREN has cash burn of 741876470. It does not have enough cash and short-term investments to cover this.
- IREN has a relatively high debt to equity ratio of 0.62.
- Total IREN debt is higher than 5 years ago, relative to shareholder equity.
- IREN has $372.73M in cash and short term investments. This is not enough to cover its annual cash burn of $741.88M.
Is it a good time to buy Iren stock, according to analysts?
Out of 7 sell side analysts who monitor IREN, the consensus analyst rating on Iren is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent IREN Analyst Ratings
Joseph Vafi, a top 1% analyst from Canaccord Genuity maintains IREN with a strong buy rating and raises their IREN price target from $23.00 to $37.00, on Aug 29, 2025.
Canaccord Genuity's Joseph Vafi raised their price target on Iren (NASDAQ: IREN) by 60.9% from $23 to $37 on 2025/08/29. The analyst maintained their Strong Buy rating on the stock.
IREN Ltd. reported its Q4 and FY 2025 earnings.
Vafi said the quarter evidenced the company's "accelerating progress across its AI portfolio, with continued benefits on the mining side of the business."
Looking ahead, the analyst predicted that IREN Ltd.'s power assets will continue to accelerate, supported by graphics processing unit purchases and becoming an Nvidia preferred partner.
Earnings Report
IREN Ltd. reported:
For Q4 2025:
EPS of $0.66, which beat the consensus estimate of $0.14.
Revenue of $187.3M, which beat the consensus estimate of $186.53M and Q4 2024's $52.76M.
For FY 2025:
- Revenue of $501M, up from FY 2024's $187.2M.
Management did not provide financial guidance in its press release.
Reginald Smith, a top 15% analyst from JP Morgan downgrades IREN to a hold rating and raises their IREN price target from $12.00 to $16.00, on Jul 28, 2025.
You can dig deeper into what analysts are projecting on the Iren stock forecast page.
IREN Technicals
How are IREN Revenues/Earnings doing?
Last year, IREN revenue was $327.47M. During the past five year, IREN's revenue has increased by 193.62% per year. This was faster than the Capital Markets industry average of 19.1%.
Dive into IREN's earnings and revenue performance here.
What are IREN insiders up to?
In the last 12 months, 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 stock here.
Does IREN stock generate passive income?
No, Iren doesn't provide an income stream by paying out dividends.
What others are saying about IREN
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your IREN trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you want more info about investing in stocks on eToro, click the helpful 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 new company.
Start a watchlist to get notified of important updates regarding your IREN stock.
IREN Feed
How to Buy Stock in Iren
To summarize, here are the 6 steps you need to take to buy Iren stock right now:
- 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 online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Iren, hit the button below to create your watchlist.
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