In the last trading session, 12.56 million IREN Ltd (NASDAQ:IREN) shares changed hands as the company’s beta touched 3.78. With the company’s per share price at $10.49 changed hands at $0.15 or 1.45% during last session, the market valuation stood at $2.53B. IREN’s last price was a discount, traded about -51.76% off its 52-week high of $15.92. The share price had its 52-week low at $5.12, which suggests the last value was 51.19% up since then.
Analysts gave the IREN Ltd (IREN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.27. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended IREN as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight.
IREN Ltd (NASDAQ:IREN) trade information
Instantly IREN was in green as seen at the end of in last trading. With action 18.00%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 6.82%, with the 5-day performance at 18.00% in the green. However, in the 30-day time frame, IREN Ltd (NASDAQ:IREN) is 49.01% up.
The consensus price target for the stock as assigned by Wall Street analysts is 20, meaning bulls need an upside of 47.55% from its current market value. According to analyst projections, IREN’s forecast low is 20 with 20 as the target high. To hit the forecast high, the stock’s price needs a -90.66% plunge from its current level, while the stock would need to soar -90.66% for it to hit the projected low.
IREN Ltd (NASDAQ:IREN)’s Major holders
MOORE CAPITAL MANAGEMENT, LP holds the second largest percentage of outstanding shares, with 5.4839% or 5.46 million shares worth $61.69 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF and Manager Directed Portfolios-Hood River Small-Cap Growth Fund. With 2.68 shares estimated at $28.11 million under it, the former controlled 1.25% of total outstanding shares. On the other hand, Manager Directed Portfolios-Hood River Small-Cap Growth Fund held about 0.72% of the shares, roughly 1.54 shares worth around $16.19 million.
