Company Profile · Financial Services

IREN Ltd

IREN · US
Industry
AI Data Center Infrastructure
Exchange
US
Country
USA
IPO date
Nov 17, 2021
Employees
257
Website
iren.com
Current Price
$59.96
Live · Jun 18, 2026
Baillie Growth Score
43/100
Weak
Intrinsic Value · Three-Tier Range Current price $59.96 Live · Above the optimistic ceiling · future growth overdrawn

Composite valuation range · conservative $12–$20 / fair $22–$35 / optimistic $36–$50. At $59.96, Above the optimistic ceiling · future growth overdrawn.

At publication $47.74 (May 20, 2026)

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About the company

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.

Financial snapshot
Market cap$21.91B
Revenue (TTM)$757.07M
EBITDA$147.18M
Profit margin20.88%
ROE7.73%
P/E (TTM)79.62
Forward P/E136.99
PEG4.05
EPS$0.77
52-week range$9.83 – $76.87
Analyst target$81.07
Analyst rating4.6 / 5

Data from EODHD, shown in the reporting currency; for reference only, not investment advice.

Background

History

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Industry position

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