BTIG Research initiated coverage of IREN Limited with a rating of Buy and set a new price target of $33.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/13/2025 | $15.00 → $12.00 | Neutral → Overweight | Analyst |
| 12/20/2024 | $33.00 | Buy | BTIG Research |
| 12/10/2024 | $9.50 → $15.00 | Overweight → Neutral | Analyst |
| 10/2/2024 | $14.00 | Buy | ROTH MKM |
| 9/4/2024 | Hold | Needham | |
| 7/10/2024 | $26.00 | Outperform | Bernstein |
| 6/11/2024 | $23.00 | Overweight | Cantor Fitzgerald |
| 10/11/2023 | $6.00 → $6.50 | Neutral → Overweight | JP Morgan |
28% Growth in Profit After Tax Horizon 1 AI Data Center on Track for H2 2025 Pausing Mining Expansion at 50 EH/s to Focus on AI Opportunities SYDNEY, May 14, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) (together with its subsidiaries, "IREN" or "the Company"), today reported its financial results for the three and nine months ended March 31, 2025. All $ amounts are in United States Dollars ("USD") unless otherwise stated. "We're pleased to report another quarter of strong EBITDA and net profit," said Daniel Roberts, Co-Founder and Co-CEO of IREN. "Our focus on large scale data center sites continues to drive rapid growth and strong margins." "With 50 EH/s just weeks away, IRE
SYDNEY, May 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) (together with its subsidiaries, "IREN" or "the Company"), today published its monthly update for April 2025. April Highlights Mining capacity increased to 40 EH/s mid-monthOn track for 50 EH/s by June 30Miners scheduled to ship from Southeast Asia (during 90-day pause on reciprocal tariffs)AI Cloud Services revenue continuing to growHorizon 1 AI Data Center on track for H2 2025 deliveryCustomer and financing workstreams progressing Key MetricsApr 25Mar 25Feb 25 Bitcoin Mining Average operating hashrate36.6 EH/s30.3 EH/s28.7 EH/sBitcoin mined3579 BTC533 BTC459 BTCRevenue (per Bitcoin)$86,522$85,012$95,570Electrici
SYDNEY, May 02, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) (together with its subsidiaries, "IREN") today announced that it will release its financial results for the three and nine-months ended March 31, 2025, on Wednesday, May 14, 2025 and host a conference call beginning at 5:00 p.m. Eastern Time. The webcast will be recorded, and the replay will be accessible shortly after the event at https://iren.com/investor/events-and-presentations Webcast and Conference Call DetailsTime & Date:5:00 p.m. Eastern Time, Wednesday, May 14, 2025 ParticipantRegistration Link Live WebcastUse this link Phone Dial-In with Live Q&AUse this link Participants joining the conference call via the
Analyst upgraded IREN Limited from Neutral to Overweight and set a new price target of $12.00 from $15.00 previously
BTIG Research initiated coverage of IREN Limited with a rating of Buy and set a new price target of $33.00
Analyst downgraded Iris Energy from Overweight to Neutral and set a new price target of $15.00 from $9.50 previously
SYDNEY, July 16, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ:IREN) (together with its subsidiaries, "IREN" or "the Company"), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. The Company is pleased to announce it has appointed Morgan Stanley & Co. LLC as financial advisor in connection with evaluating monetization opportunities in the AI data center market. About IREN IREN is a leading next-generation data center business powering the future of Bitcoin, AI and beyond utilizing 100% renewable energy. Bitcoin Mining: providing security to the Bitcoin network, expanding to 30 EH/
SYDNEY, Australia, July 18, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ:IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced the appointment of Sunita Parasuraman to its Board of Directors. Ms. Parasuraman will also serve as Chair of the Audit and Risk Committee. During her career as a senior technology executive, Ms. Parasuraman has built and scaled world-class teams at Meta (Facebook), VMware, Genentech, and Apple. Ms. Parasuraman most recently served as the Head of Investments, New Product Experimentation at Meta (Facebook) and, prior to that,
Average operating capacity increased by 39% to 5.5 EH/s Fully-funded expansion to 6.5 EH/s underway New auditor appointed SYDNEY, Australia, June 06, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ:IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for May 2023, containing its results from operations as well as business updates. Key Highlights1 Key metrics2May-23Average operating hashrate (PH/s)5,510Bitcoin mined508Mining revenue (US$'000)13,526Electricity costs (US$'000)6,056Revenue per Bitcoin (US$
SC 13G/A - Iris Energy Ltd (0001878848) (Subject)
SC 13G/A - Iris Energy Ltd (0001878848) (Subject)
SC 13D/A - Iris Energy Ltd (0001878848) (Subject)
28% Growth in Profit After Tax Horizon 1 AI Data Center on Track for H2 2025 Pausing Mining Expansion at 50 EH/s to Focus on AI Opportunities SYDNEY, May 14, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) (together with its subsidiaries, "IREN" or "the Company"), today reported its financial results for the three and nine months ended March 31, 2025. All $ amounts are in United States Dollars ("USD") unless otherwise stated. "We're pleased to report another quarter of strong EBITDA and net profit," said Daniel Roberts, Co-Founder and Co-CEO of IREN. "Our focus on large scale data center sites continues to drive rapid growth and strong margins." "With 50 EH/s just weeks away, IRE
SYDNEY, May 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) (together with its subsidiaries, "IREN" or "the Company"), today published its monthly update for April 2025. April Highlights Mining capacity increased to 40 EH/s mid-monthOn track for 50 EH/s by June 30Miners scheduled to ship from Southeast Asia (during 90-day pause on reciprocal tariffs)AI Cloud Services revenue continuing to growHorizon 1 AI Data Center on track for H2 2025 deliveryCustomer and financing workstreams progressing Key MetricsApr 25Mar 25Feb 25 Bitcoin Mining Average operating hashrate36.6 EH/s30.3 EH/s28.7 EH/sBitcoin mined3579 BTC533 BTC459 BTCRevenue (per Bitcoin)$86,522$85,012$95,570Electrici
SYDNEY, May 02, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) (together with its subsidiaries, "IREN") today announced that it will release its financial results for the three and nine-months ended March 31, 2025, on Wednesday, May 14, 2025 and host a conference call beginning at 5:00 p.m. Eastern Time. The webcast will be recorded, and the replay will be accessible shortly after the event at https://iren.com/investor/events-and-presentations Webcast and Conference Call DetailsTime & Date:5:00 p.m. Eastern Time, Wednesday, May 14, 2025 ParticipantRegistration Link Live WebcastUse this link Phone Dial-In with Live Q&AUse this link Participants joining the conference call via the
S-8 - IREN Ltd (0001878848) (Filer)
6-K - IREN Ltd (0001878848) (Filer)
SCHEDULE 13G/A - IREN Ltd (0001878848) (Subject)