IREN Stock IREN Limited
US · NasdaqGSLast in our picks 2026-10-01 — not in the current list; analysis below is from that screen
Not a pure miner, but power-intensive growth and commodity-linked optionality can attract momentum capital.
Future value: $77.97 (+90.73%) · 6-12 months · analyst consensus
Signal breakdown
- ▸Strong momentum name, though indirect exposure makes it less suitable than pure-play miners.
- ▾Below 50-day MA (-1.24%)
- ▸~91% upside to price target
Is IREN a buy right now?
Trend: IREN is trading below the 50-day average (-34.98%), RSI 42 — neutral momentum, with a 3-month return of -25.05%.
Valuation & quality: IREN Limited trades on forward P/E -6.4, PEG 3.11, price-to-book 2.31; fundamentals show net margin -99.4%, return on equity -23.4%, revenue growth -26.7% year on year.
Analyst consensus: 18 analysts have a mean 12-month price target of $77.81 (+206% vs the last close; range $37.00 – $139.00), consensus rating “buy”.
Our screen: ACCUMULATE (score 1) — Not a pure miner, but power-intensive growth and commodity-linked optionality can attract momentum capital.
Computed from end-of-day data; not personal advice.
Our track record with IREN
Our simulated $10,000 funds have traded IREN 1 time — 1 of 1 closed trade profitable.
| Fund | Bought | Sold | Return |
|---|---|---|---|
| US High-risk | 2026-09-01 @ $38.52 | 2026-10-08 @ $38.69 · Stop-loss | +0.44% |
Paper trades from our simulated funds at real end-of-day prices; past results don't predict future returns.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -16.30% | +32.80% | +39.60% | -28.00% | -19.50% | +0.90% | +10.10% | -37.80% |
Fundamentals
Analyst price target
Technical signals
About IREN Limited
IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate data centers, including the associated land, grid connections, and substations, as well as buildings and cooling.
Sector: Financial Services · Industry: Capital Markets · Australia · 685 employees · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.