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Date | Price Target | Rating | Analyst |
---|---|---|---|
7/28/2025 | $16.00 | Overweight → Neutral | 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 |
NEW YORK, Aug. 28, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN") today announced it has secured NVIDIA Preferred Partner status and procured an additional 1.2k air-cooled NVIDIA B300s and 1.2k liquid-cooled NVIDIA GB300s for approximately $168m,1 expanding its total GPU fleet to 10.9k NVIDIA GPUs. IREN has secured approximately $96m in financing to support the purchase of the GB300s.1 The financing is structured as a 24-month lease and represents 100% of the purchase price, with lease payments calculated utilizing a high single digit interest rate. The B300 GPUs are funded from existing cash, with further financing workstreams underway. The GPUs will be installed over the
NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN") today announced it has procured an additional 4.2k NVIDIA Blackwell B200 GPUs, which doubles IREN's total GPU fleet to approximately 8.5k NVIDIA GPUs. In addition, IREN has secured financing of $102m for a prior purchase of NVIDIA Blackwell B200 and B300 GPUs. Financing for prior Blackwell purchase IREN has secured $102m in financing in respect of a prior purchase of NVIDIA Blackwell B200 and B300 GPUs. The financing is structured as a 36-month lease for 100% of the purchase price of the GPUs, with lease payments calculated utilizing a high single digit interest rate. The financing will release funding to s
NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN") today announced that it will release its financial results for the fiscal year ended June 30, 2025, on Thursday, August 28, 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, Thursday, August 28, 2025 ParticipantRegistration Link Live WebcastUse this link Phone Dial-In with Live Q&AUse this link Participants joining the conference call via the phone dial-in option wi
4 - IREN Ltd (0001878848) (Issuer)
4 - IREN Ltd (0001878848) (Issuer)
4 - IREN Ltd (0001878848) (Issuer)
SC 13G/A - Iris Energy Ltd (0001878848) (Subject)
SC 13G/A - Iris Energy Ltd (0001878848) (Subject)
SC 13D/A - Iris Energy Ltd (0001878848) (Subject)
Analyst downgraded IREN Limited from Overweight to Neutral and set a new price target of $16.00
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
SYDNEY, July 01, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) today announced the appointment of Anthony Lewis as Chief Capital Officer, a newly established role responsible for overseeing the Company's capital markets activity. Mr. Lewis will lead the development of IREN's capital structure and financing strategy as the Company evaluates a range of AI infrastructure investments and associated funding requirements. Mr. Lewis brings more than two decades of experience in financial markets, including 22 years at Macquarie Group, a global financial services and asset management firm with a market capitalization of more than $50 billion and operations in 31 markets, where he most rece
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,
NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN") today announced that it will release its financial results for the fiscal year ended June 30, 2025, on Thursday, August 28, 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, Thursday, August 28, 2025 ParticipantRegistration Link Live WebcastUse this link Phone Dial-In with Live Q&AUse this link Participants joining the conference call via the phone dial-in option wi
NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) (together with its subsidiaries, "IREN" or "the Company") today published its monthly update for July 2025. July Highlights Record monthly revenue and hardware profit3AI Cloud expanded with 2.4k NVIDIA B200/B300 GPUsInitial B200 shipment completed and fully contracted50MW Horizon 1 liquid-cooled AI data center on track for Q4'25Mackenzie fiber upgrade complete, further enhancing our ability to support continued growth of AI Cloud beyond Prince George1,400MW Sweetwater 1 civil and electrical works continuing Key MetricsJul 25Jun 25Bitcoin Mining Average operating hashrate45.4 EH/s41.1 EH/sBitcoin mined4728 BTC620 BT
SYDNEY, July 07, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, "IREN" or "the Company"), today published its monthly update for June 2025. June Highlights Record monthly revenue and hardware profit350 EH/s mid-year target achievedAI Cloud expanded with ~2.4k Blackwell GPUs$550m convertible notes offering oversubscribedUS domestic issuer status transition completeCustomer and financing workstreams progressing across AI verticals Key MetricsJun 25May 25Bitcoin Mining Average operating hashrate41.1 EH/s38.4 EH/sBitcoin mined4620 BTC627 BTCRevenue per Bitcoin mined$105,730$103,345Net electricity cost per Bitcoin mined2($26,259)($27,033)Revenue$65.5m