In recent trading session, IREN Ltd (NASDAQ:IREN) saw 5.64 million shares changing hands at last check today with its beta currently measuring 3.63. Company’s recent per share price level of $12.13 trading at -$0.87 or -6.69% at last check today assigns it a market valuation of $2.64B. That most recent trading price of IREN’s stock is at a discount of -31.24% from its 52-week high price of $15.92 and is indicating a premium of 65.79% from its 52-week low price of $4.15.

For IREN Ltd (IREN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.42. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.26 in the current quarter.

IREN Ltd (NASDAQ:IREN) trade information

Upright in the red during last session for losing -6.69%, in the last five days IREN remained trading in the red while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $12.13 price level, adding 10.94% to its value on the day. IREN Ltd’s shares saw a change of 23.52% in year-to-date performance and have moved -6.76% in past 5-day. IREN Ltd (NASDAQ:IREN) showed a performance of 12.21% in past 30-days.

Wall Street analysts have assigned a consensus price target of 13.75 to the stock, which implies a rise of 11.78% to its recent value today. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 16. It follows that stock’s current price would jump 1.07% in reaching the projected high whereas dropping to the targeted low would mean a gain of 1.07% for stock’s current value.

IREN Ltd (IREN) estimates and forecasts

This year revenue growth is estimated to rise 194.77% from the last financial year’s standing.

11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 171.21M for the same. And 11 analysts are in estimates of company making revenue of 213.05M in the next quarter. Company posted 54.35M and 57.44M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -65.75% during past 5 years.

IREN Ltd (NASDAQ:IREN)’s Major holders

CASTLE HOOK PARTNERS LP is the top institutional holder at IREN for having 6.87 million shares of worth $77.55 million. And as of 2024-06-30, it was holding 6.8935 of the company’s outstanding shares.

The second largest institutional holder is MOORE CAPITAL MANAGEMENT, LP, which was holding about 5.46 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.4839 of outstanding shares, having a total worth of $61.69 million.

On the other hand, Valkyrie ETF Tr II-Valkyrie Bitcoin Miners ETF and Global X Fds-Global X Blockchain ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 2.12 shares of worth $25.75 million or 0.99% of the total outstanding shares. The later fund manager was in possession of 789.3 shares on Nov 30, 2024, making its stake of worth around $9.58 million in the company or a holder of 0.37% of company’s stock.