Companies /Financial Services

IREN Limited

NASDAQ: IREN Capital Markets
$41.49
▼ $0.23 (−0.55%) today
Markets open · 3:28pm ET

Fundamentals

Market Cap
$16.4B
Profit Margin
-99.4%
Revenue (TTM)
$707.0M
EPS (TTM)
$-2.10
52-Week Range
$29 – $77
Street Target
$77.97

About Iren

Iris Energy Ltd is a Sydney-based firm that specializes in running bitcoin mining data centers. Founded in 2018, the company focuses on generating cryptocurrency through the complex process of bitcoin mining, leveraging advanced technology and efficient data centers to support its operations.

Latest Activity

Biggest movers · At the close
Gainers
  • MARAMarathon Digital$13.21+13.5%
  • SNDKSanDisk$1,787.02+10.7%
  • CIFRCipher Mining$18.27+7.9%
  • COHRCoherent$318.27+7.5%
  • IRENIren$46.53+7.0%
Losers
  • SMRNuScale Power$8.32-7.9%
  • IQiQIYI$1.01-7.7%
  • ASANAsana$9.45-6.4%
  • QCOMQualcomm$178.02-5.7%
  • GMGeneral Motors$82.35-4.9%

Bitcoin miners owned Thursday's close, led by Marathon Digital finishing 13.5% higher, with Cipher Mining and Iren both up 7% or more. Large-cap losses ran heavier than usual, with Qualcomm off 5.66% and General Motors down 4.93%.

Read more
Biggest movers · At the close
Gainers
  • GPROGoPro$1.73+24.1%
  • SNDKSanDisk$1,735.55+11.6%
  • ALABAstera Labs$311.74+10.2%
  • SKHYSK hynix Inc.$177.22+8.3%
  • IRENIren$44.65+7.2%
Losers
  • ASANAsana$8.9-11.8%
  • TSLATesla$354.48-5.8%
  • WDAYWorkday$195.78-5.4%
  • NFLXNetflix$78.31-5.3%
  • SNOWSnowflake$337.85-5.2%

Thursday's close split hard along hardware versus software: GoPro added 24.1% and SanDisk, Astera Labs and SK hynix all posted double-digit or near double-digit gains, while Asana, Workday and Snowflake each shed more than 5%. Tesla and Netflix fell with them.

Read more
Biggest movers · At the close
Gainers
  • GPROGoPro$0.86+43.5%
  • TSLATesla$368.39+5.6%
  • SNDKSanDisk$1,562.46+5.2%
  • IRENIren$37.09+4.6%
  • ULTAUlta Beauty$537.5+3.9%
Losers
  • TTWOTake-Two Interactive$220.06-6.5%
  • AXONAxon Enterprise$568.95-5.3%
  • LYFTLyft$16.86-4.7%
  • AFRMAffirm$74.35-4.4%
  • UBERUber$75.6-4.1%

GoPro closed up 43% at 86 cents, a sub-dollar stock swinging harder than anything else in the 111-name priority list. Tesla and SanDisk added better than 5%, while Take-Two led the decliners at 6.5% lower.

Read more
Biggest movers · At the close
Gainers
  • WDAYWorkday$205.92+6.4%
  • DKNGDraftKings$25.53+5.4%
  • SPOTSpotify$546.01+3.6%
  • AMZNAmazon$265.35+3.5%
  • EXPEExpedia$328.9+3.1%
Losers
  • IRENIren$35.38-12.7%
  • RBRKRubrik$94.34-11.8%
  • MARAMarathon Digital$10.65-10.3%
  • HIMSHims & Hers$28.65-9.5%
  • TEMTempus AI$64.17-9.2%

Nearly 20 points separated the best and worst names at Friday's close: Iren gave up 12.72% while Workday added 6.38%. Three losers dropped more than 10% in a single session, a reset worth checking before Monday.

Read more
IRENIREN Limited
Reports Thu Aug 27After close5:17 PM ETConfirmed

Confirmed for 5:17 PM ET, and the $14.1 billion valuation now rests on AI data-center contracts. With mining profitability near record lows, management's framing of compute demand, margins and capex is the whole story.

    Read more
    Biggest movers · At the close
    Gainers
    • SMCISuper Micro Computer$38.09+20.5%
    • CRWVCoreWeave$108.09+19.7%
    • CAVACava$69.64+14.5%
    • DOCNDigitalOcean$133.64+10.6%
    • IRENIren$43.77+10.1%
    Losers
    • ACHRArcher Aviation$6.23-8.2%
    • APPSDigital Turbine$12.19-6.5%
    • LYFTLyft$16.41-6.5%
    • GPROGoPro$0.58-6.4%
    • AXONAxon Enterprise$599.59-5.8%

    Two names closed up more than 19%: Super Micro Computer at $38.09 and CoreWeave at $108.09, the widest top-of-board moves in our 110-stock universe today. The downside was far tamer, with Archer Aviation's 8.2% slide the worst of it.

    Read more

    IREN Coverage

    Load More