IREN Ltd (IREN)
NasdaqGS · Price as of · Nasdaq Real Time Price
- Profitability0/20
Losing money: $-1.77B net income over the last four reported quarters. Revenue over the last four reported quarters was $707.0M, up 11% from $635.6M the year before.
- Insider buying vs selling11/20
Insiders are sellers only: 1 sell worth $434,315, no open-market buys, across the last 7 Form 4s. Routine executive selling is common, so this is only a mild negative. Separately, 3 new 5%+ stake disclosures (13D/13G) hit in the last 6 months, which is big-money accumulation.
- Dilution and offerings1/15
Share count up 26.1% in a year and 4 offering-related filings. Heavy dilution. One nuance: offerings raise cash that can fund real growth. The score docks the certain near-term dilution; if the spending pays off, it shows up later in the profitability component.
- Analysts18
- Implied upside+205.0%
- Target range$37.00 to $139.00
- EPS expected-$0.67 -8351%
- A year ago$0.01
- Revenue expected$221.3M -9.3%
- Estimate range-$0.82 to -$0.51
IREN closed at $25.51 on Oct 22, down 45.8% since Sep 23. Chart read: price below both the 50-day and 200-day moving averages; the 50-day is below the 200-day (downtrend structure); trading at 0% of the 52-week range ($25.51 to $76.41).
Insider buying and selling at IREN Ltd (IREN)
The most recent Form 4 on record for IREN Ltd (IREN) is September 16, 2025, when Christopher Guzowski, Director, sold $434,315 of stock. Nothing in the filing ties this one to a pre-arranged plan, so it was the filer's own call.
| Insider | Action | Value | Date | Type |
|---|---|---|---|---|
| Christopher Guzowski · Director | Sell | $434,315 | September 16, 2025 | Worth a look |
| Daniel John Roberts · Co-Chief Executive Officer | Sell | $33.1M | September 11, 2025 | Red flag |
| William Gregory Roberts · Co-Chief Executive Officer | Sell | $33.1M | September 11, 2025 | Red flag |
SEC filings
| Form | Filed | Description |
|---|---|---|
| ARS | October 13, 2026 | ARS |
| DEFA14A | October 13, 2026 | DEFA14A |
| DEF 14A | October 13, 2026 | DEF 14A |
| SCHEDULE 13G | September 30, 2026 | View on EDGAR |
| 10-K | August 27, 2026 | 10-K |
| 8-K | August 27, 2026 | 8-K |
| D | August 18, 2026 | 06b |
| 8-K | August 13, 2026 | 8-K |
IREN news
All 50 articles
IREN (IREN) rises on a report that Anthropic signed a multiyear cloud deal it never announced
IREN signed an unnamed frontier AI lab in August. Anthropic may be a customer.
SemiAnalysis says users call IREN's (IREN) Prince George and Mackenzie data centers the industry's worst
SemiAnalysis praised IREN's Texas builds but disputed its managed-services claim. Nvidia's $70 exercise price sits far above the stock.
JPMorgan double-upgrades IREN Ltd (IREN) as AI slowdown rattles peers
JPMorgan moved IREN two notches to overweight and lifted its target to $65 from $46, hours after co-CEO Daniel Roberts posted a long rebuttal to the calls for an AI slowdown. Every comparable name we checked fell on Monday. IREN did not.
IREN signed a frontier AI lab and is paying 9% to finance the GPUs. Microsoft deployment debt costs 6%.
IREN (IREN) reported fiscal 2026 results and a new multi-year contract with an unnamed leading frontier AI lab. The same release prices its GPU debt by customer: 9.0% on $2.4 billion for non investment grade deployments, 6.0% on the $3.6 billion behind Microsoft.
Druckenmiller bought $4 million of IREN. Bridgewater sold 96% of its stake the same quarter
Druckenmiller's Duquesne opened a small first-time IREN stake last quarter. We pulled every fund we track: who sold IREN, who kept it, plus the $788 million co-CEO grant and a share count that has grown 6.5x since 2022.
CoreWeave (CRWV) crushed earnings and Cramer's IREN call aged well. Then Nebius (NBIS) crushed it too.
CoreWeave crushed its quarter and jumped about 15% after hours, five days after Jim Cramer told a caller to buy CRWV over IREN and called it cheaper and better. The backlog hit $104 billion. Nebius (NBIS) reports Wednesday morning, and it's the next test for the whole neocloud trade.
IREN signed $2.8 billion in AI contracts, and bitcoin miner stocks rallied with it
IREN closed up 19.6% after announcing $2.8 billion in new AI cloud contracts. Hut 8 and CleanSpark had data center lease news of their own, while CIFR, SLNH and KEEL rallied in sympathy. The fuel: Moonshot AI is turning away paying Kimi K3 subscribers because it ran out of GPU capacity.
Articles that mention IREN without it being the main subject.
Nebius (NBIS) is raising GPU rental prices up to 21% on October 1. CoreWeave (CRWV) told bond buyers it is charging more too.
Nebius will raise pay-as-you-go rates for renting selected Nvidia chips from October 1, its second increase in three months, with GPUs up 17% to 21% and memory up about 41%. CoreWeave told convertible-note buyers the same morning that it is signing capacity at higher prices too.
Nvidia (NVDA) CEO Jensen Huang calls new antitrust laws for an AI slowdown "completely unnecessary"
Jensen Huang told Jim Cramer that new antitrust laws for an AI slowdown are "completely unnecessary." Altman, Musk, and Nadella endorsed pacing. Huang's disagreement is narrower: he says each company should decide for itself when a product is not ready.
Stanley Druckenmiller held 12.7% of Nevada tungsten developer Guardian Metal (GMTL) as of March 31
The filing is new to EDGAR, the stake is not. Duquesne bought 24,699,825 shares of the Nevada tungsten developer at 55p in August 2025, and the Schedule 13G filed Monday reports the same count still held as of March 31.
Frequently asked questions
When does IREN report earnings?
IREN Ltd (IREN) is scheduled to report quarterly results on November 5, 2026. The 2-analyst consensus is -$0.67 per share on revenue of $221.3M for the quarter ended September 30, 2026, against $0.01 and $244.0M a year earlier. It has beaten the consensus EPS estimate in 3 of the last four quarters.
What do analysts expect for IREN?
18 analysts cover IREN Ltd (IREN). The consensus rating is Buy. The average price target is $77.81, in a range of $37.00 to $139.00.
Are insiders buying or selling IREN?
We track Form 4 filings for IREN Ltd (IREN). The activity listed on this page shows 3 qualifying sales. Each row is labelled Routine when the filer declared a pre-arranged 10b5-1 plan, Tax withholding when shares were sold automatically to cover the tax on a vest, or Own call when neither applies.
Where can I see IREN SEC filings?
Recent filings are listed on this page, newest first. The latest is an ARS filed October 13, 2026.