IREN Ltd (IREN)
NasdaqGS · Price as of · Delayed Quote
- Profitability0/20
Losing money: $-702.6M 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, 2 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.
- Analysts16
- Implied upside+74.2%
- Target range$43.00 to $131.00
- EPS expected-$0.51 -6428%
- A year ago$0.01
- Revenue expected$223.7M -8.3%
IREN closed at $44.68 on Sep 4, up 17.8% since Aug 6. Chart read: price above the 50-day moving average but below the 200-day; the 50-day is below the 200-day (downtrend structure); trading at 37% of the 52-week range ($26.15 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 | Own call |
| Daniel John Roberts · Co-Chief Executive Officer | Sell | $33.1M | September 11, 2025 | Own call |
| William Gregory Roberts · Co-Chief Executive Officer | Sell | $33.1M | September 11, 2025 | Own call |
SEC filings
| Form | Filed | Description |
|---|---|---|
| 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 |
| SCHEDULE 13G | August 12, 2026 | View on EDGAR |
| 424B7 | August 4, 2026 | 424B7 |
| 8-K | August 4, 2026 | 8-K |
| SCHEDULE 13G | August 3, 2026 | View on EDGAR |
IREN news
All 44 articles
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.
I let Claude AI trade $100 on Robinhood, week 4: It's 0 for 4, then it passed on IREN's 17% jump, and watched it run higher
Claude AI is 0 for 4 with my $100 and the account is down to $74.59. On Monday it built an order for IREN at $39.45, then found that the same stock had popped on the same news back on July 6 and given back 23%, and walked away. IREN ran higher without it.
Articles that mention IREN without it being the main subject.
Dell (DELL) raises its full-year outlook by $25 billion as AI server backlog nearly doubles to $95 billion
Dell booked a record $60.9 billion of AI server orders in the quarter ended July 31 and exited with a $95 billion AI backlog, up from $51.3 billion in May. Revenue rose 58% to $47.0 billion, fiscal 2027 guidance moved to $192 billion, and free cash flow fell 47% as inventory doubled.
Nvidia (NVDA) owns $90.7 billion of other companies. Its public stock portfolio has lost $16.4 billion since June 30.
Nvidia's latest 10-Q carries $42.8 billion of marketable equity securities and $47.9 billion of funded private stakes, with $25 billion more committed but not yet paid in. Its June 30 13F positions have given back about $16.4 billion since, and a $105 billion guarantee on an OpenAI data center sits off the balance sheet entirely.
Countries are buying AI compute like oil reserves. Nvidia says it's already a $30 billion business.
Governments are buying AI compute as national infrastructure, and specialized neoclouds are renting out GPUs at scale, but the two overlap more than the headline numbers suggest. What it means for Nvidia, Oracle, CoreWeave, Nebius and IREN.
Frequently asked questions
When does IREN report earnings?
IREN Ltd (IREN) is scheduled to report quarterly results on November 5, 2026 (estimated). The 1-analyst consensus is -$0.51 per share on revenue of $223.7M for the quarter ending September 30, 2026, against $0.01 and $244.0M a year earlier. The date is an estimate from past reporting patterns and can move until the company confirms it.
What do analysts expect for IREN?
16 analysts cover IREN Ltd (IREN). The consensus rating is Buy. The average price target is $77.84, in a range of $43.00 to $131.00.
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 a 10-K filed August 27, 2026.