IREN
Financial Services · Capital Markets
Performance
IREN (IREN) Stock Analysis 2026
Rule-based · Updated daily · Not financial advice
IREN (IREN) operates in the Capital Markets space within the Financial Services sector. With a market cap of $21.5B, it qualifies as a mid-cap company. Growth is moderate and the business remains profitable, offering a balanced risk/reward profile compared to high-multiple peers.
- Forward P/E (-64.1×) is lower than trailing P/E (78.3×) — analysts expect earnings to improve
- Exceptional profit margin of 20.9% — the business retains a large share of each dollar earned
- Current ratio of 3.7× — ample short-term liquidity
- High P/E of 78.3× implies high expectations already priced in — leaves little room for disappointment
- High debt-to-equity of 148.80× increases financial risk, especially with elevated interest rates
- No dividend history — total return depends entirely on price appreciation
- High beta of 4.23 — this stock is significantly more volatile than the broader market
Verdict
Caution
More risks than strengths. Consider waiting for fundamentals to improve before adding.
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Related Articles
Revenue & Results
Dividends
This stock does not pay dividends.
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
Earnings
Next Earnings
Aug 27, 2026
72
days
EPS (TTM)
$0.77
P/E (TTM)
78.3
Fwd P/E
-64.1
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Key Statistics
Valuation
Trading
Dividends
Profitability
Balance Sheet
Fair Value Estimates
Current price: $60.27
Graham Number
√(22.5 × EPS × Book Value)
$11.64
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
N/A
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
4/10
57% score
Pays dividends
No dividend history found
Dividend consistency (5Y+)
Uninterrupted dividend payments for at least 5 years
ROE above 10%
7.7%Return on equity — measures how efficiently capital is used
Positive profit margin
20.9%Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
+0.0%Annual revenue must be growing compared to the prior year
Earnings growth (annual)
Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
148.80×Low financial leverage reduces risk of distress
Current ratio above 1
3.72×Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$2.6B/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
Stock must distribute income to shareholders
Related Assets
Financial Services
About IREN
IREN Limited operates in the vertically integrated data center business in Australia and Canada. The company owns and operates computing hardware, as well as electrical infrastructure and data centers. It also mines Bitcoin, a scarce digital asset that is created and transmitted through the operation of a peer-to-peer network of computers running the Bitcoin software. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. The company was incorporated in 2018 and is based in Sydney, Australia.