NASDAQ · IREN
IREN Limited
Technology · Information Technology Services
$44.04▼ 4.57% ($2.11)today
As of 3:34 PM ET
Market cap
$15.72B
P/E
-24.20
EPS (TTM)
-$1.94
Next earnings
Nov 5, 2026
Valuation
Revenue & margin DCF
A cash-flow estimate wouldn't be reliable here
Every projected year produces negative free cash flow, so the model returns a negative enterprise value. A discounted-cash-flow valuation cannot be defended on those inputs, so it is not shown.
Reported operating earnings and the comparable cash-flow estimate differ substantially; the model retains the reported-margin anchor.
Data notes
Reported operating earnings and the comparable cash-flow estimate differ substantially; the model retains the reported-margin anchor.
- 10-yr revenue CAGR
- 19.6%
- Ending operating margin
- 0.0%
- Discount rate
- 13.2%
USD · TTM ending Jun 30, 2026 · Price used $44.04 · Price Sep 25, 7:34 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 4.44% over the last year. Revenue grew 41.11% over the trailing twelve months. Operating margin moved from 3.07% to -148.05%. Free cash flow declined 132.53% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at -148.05%. A decisive move in revenue — currently up 41.11% — would be the clearest signal to resolve the ambiguity.
Return analysis
Company profile
IREN Limited, established in 2018 and based in Sydney, Australia, operates a comprehensive, vertically integrated data center business spanning Australia and Canada.
Market multiples
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Analyst consensus
12
Buy
3
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Nov 5, 2026
Q4 FY26 · EPS est -$0.67 · Revenue est $234.67M
View
Institutional Sentiment
IREN Limited · IREN
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.