In last trading session, IREN Ltd (NASDAQ:IREN) saw 24.99 million shares changing hands with its beta currently measuring 3.99. Company’s recent per share price level of $18.05 trading at $0.74 or 4.27% at ring of the bell on the day assigns it a market valuation of $4.35B. That closing price of IREN’s stock is at a discount of -3.27% from its 52-week high price of $18.64 and is indicating a premium of 71.63% from its 52-week low price of $5.12. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 34.47 million shares which gives us an average trading volume of 20.49 million if we extend that period to 3-months.
For IREN Ltd (IREN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.25. 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 0.25 in the current quarter.
IREN Ltd (NASDAQ:IREN) trade information
IREN Ltd’s shares saw a change of 50.48% in year-to-date performance and have moved 5.99% in past 5-day. IREN Ltd (NASDAQ:IREN) showed a performance of 73.56% in past 30-days. Number of shares sold short was 28.68 million shares which calculate 1.66 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 20 to the stock, which implies a rise of 9.75% to its current value. Analysts have been projecting 20 as a low price target for the stock while placing it at a high target of 20. It follows that stock’s current price would drop -10.8% in reaching the projected high whereas dropping to the targeted low would mean a loss of -10.8% for stock’s current value.
IREN Ltd (IREN) estimates and forecasts
This year revenue growth is estimated to rise 164.90% from the last financial year’s standing.
10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 176.37M for the same. And 7 analysts are in estimates of company making revenue of 214.19M in the next quarter. Company posted 57.44M and 54.39M 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
Insiders are in possession of 4.39% of company’s total shares while institution are holding 59.45 percent of that, with stock having share float percentage of 62.18%. Investors also watch the number of corporate investors in a company very closely, which is 59.45% institutions for IREN Ltd that are currently holding shares of the company. 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 Trust II-Valkyrie Bitcoin Miners ETF and Manager Directed Portfolios-Hood River Small-Cap Growth Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 2.68 shares of worth $48.37 million or 1.25% of the total outstanding shares. The later fund manager was in possession of 1.54 shares on Apr 30, 2025 , making its stake of worth around $27.85 million in the company or a holder of 0.72% of company’s stock.
