NASDAQ: IREN
Iren Ltd Stock

$35.19-0.52 (-1.46%)
Updated Oct 9, 2026
IREN Price
$35.19
Fair Value Price
N/A
Market Cap
$13.87B
52 Week Low
$28.93
52 Week High
$76.87
P/E
-15.85x
P/B
3.31x
P/S
20.45x
PEG
N/A
Dividend Yield
N/A
Revenue
$707.01M
Earnings
-$702.62M
Gross Margin
9.8%
Operating Margin
-91.86%
Profit Margin
-99.4%
Debt to Equity
2.77
Operating Cash Flow
$2B
Beta
2.51
Next Earnings
Nov 5, 2026
Ex-Dividend
N/A
Next Dividend
N/A

IREN Overview

Iris Energy Limited mines Bitcoin. It owns and operates data centers in regions with abundant and/or under-utilized renewable energy. Iris Energy was founded in 2018 and is headquartered in Sydney, Australia.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine IREN's potential to beat the market

FStrong Sell
  • Stocks with a Zen Rating of Strong Sell (F) had an average loss of -12.86% per year. Learn More

Zen Rating Component Grades

D
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Capital Market

Industry Rating
F
IREN
Ranked
#68 of 70

Top Ranked Stocks in Industry

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IREN News

Overview

Due Diligence Score

–
Industry Average (30)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how IREN scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

IREN is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
IREN is poor value based on its book value relative to its share price (3.31x), compared to the US Capital Markets industry average (2.81x)
P/B vs Industry Valuation
IREN is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more IREN due diligence checks available for Premium users.

Valuation

IREN fair value

Fair Value of IREN stock based on Discounted Cash Flow (DCF)

Price
$35.19
Fair Value
-$24.11
Undervalued by
245.95%
IREN is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

IREN price to earnings (PE)

For valuing profitable companies with steady earnings

Company
-15.85x
Industry
17.64x
Market
49.9x

IREN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
3.31x
Industry
2.81x
IREN is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

IREN's financial health

Profit margin

Revenue
$137.2M
Net Income
-$684.0M
Profit Margin
-498.5%
IREN's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
IREN's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$15.8B
Liabilities
$11.6B
Debt to equity
2.77
IREN's short-term assets ($7.89B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
IREN's long-term liabilities ($9.38B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
IREN's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
IREN's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$1.8B
Investing
-$2.1B
Financing
$5.7B
IREN's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

IREN vs Capital Market Stocks

TickerZen RatingMarket Cap1d %P/EP/B
IRENF$13.87B-1.46%-15.85x3.31x
BMNRD$14.50B-0.04%-2.89x1.25x
FUTUC$15.78B+4.55%11.16x3.18x
XPC$16.76B+6.65%16.38x3.51x
FRHCC$10.82B+1.77%66.01x7.05x

Iren Stock FAQ

What is Iren's quote symbol?

(NASDAQ: IREN) Iren trades on the NASDAQ under the ticker symbol IREN. Iren stock quotes can also be displayed as NASDAQ: IREN.

If you're new to stock investing, here's how to buy Iren stock.

What is the 52 week high and low for Iren (NASDAQ: IREN)?

(NASDAQ: IREN) Iren's 52-week high was $76.87, and its 52-week low was $28.93. It is currently -54.22% from its 52-week high and 21.64% from its 52-week low.

How much is Iren stock worth today?

(NASDAQ: IREN) Iren currently has 394,058,648 outstanding shares. With Iren stock trading at $35.19 per share, the total value of Iren stock (market capitalization) is $13.87B.

Iren stock was originally listed at a price of $24.45 in Nov 17, 2021. If you had invested in Iren stock at $24.45, your return over the last 4 years would have been 43.93%, for an annualized return of 9.53% (not including any dividends or dividend reinvestments).

How much is Iren's stock price per share?

(NASDAQ: IREN) Iren stock price per share is $35.19 today (as of Oct 9, 2026).

What is Iren's Market Cap?

(NASDAQ: IREN) Iren's market cap is $13.87B, as of Oct 11, 2026.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Iren's market cap is calculated by multiplying IREN's current stock price of $35.19 by IREN's total outstanding shares of 394,058,648.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.