Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of IREN Ltd (NASDAQ: IREN) closed at $5.59 in the last session, up 2.19% from day before closing price of $5.47. In other words, the price has increased by $2.19 from its previous closing price. On the day, 7.32 million shares were traded. IREN stock price reached its highest trading level at $5.645 during the session, while it also had its lowest trading level at $5.36.
Ratios:
We take a closer look at IREN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on March 13, 2025, Upgraded its rating to Overweight and sets its target price to $12 from $15 previously.
On December 20, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $33.
JP Morgan Downgraded its Overweight to Neutral on December 10, 2024, whereas the target price for the stock was revised from $9.50 to $15.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 17 ’24 when Christopher Guzowski bought 28,970 shares for $7.73 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IREN now has a Market Capitalization of 1252481280 and an Enterprise Value of 1088190464. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.47 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 3.808 whereas that against EBITDA is 12.854.
Stock Price History:
The Beta on a monthly basis for IREN is 3.61, which has changed by 0.014519095 over the last 52 weeks, in comparison to a change of 0.05430484 over the same period for the S&P500. Over the past 52 weeks, IREN has reached a high of $15.92, while it has fallen to a 52-week low of $4.15. The 50-Day Moving Average of the stock is -31.17%, while the 200-Day Moving Average is calculated to be -41.71%.
Shares Statistics:
According to the various share statistics, IREN traded on average about 15.70M shares per day over the past 3-months and 14825410 shares per day over the past 10 days. A total of 213.50M shares are outstanding, with a floating share count of 211.29M. Insiders hold about 5.49% of the company’s shares, while institutions hold 46.46% stake in the company. Shares short for IREN as of 1743379200 were 20803174 with a Short Ratio of 1.33, compared to 1740700800 on 22249099. Therefore, it implies a Short% of Shares Outstanding of 20803174 and a Short% of Float of 9.689999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current market rating for IREN Ltd (IREN) reflects the collective analysis of 2.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.21, with high estimates of $0.27 and low estimates of $0.14.
Analysts are recommending an EPS of between $0.14 and $0.14 for the fiscal current year, implying an average EPS of $0.14. EPS for the following year is $1.26, with 2.0 analysts recommending between $1.81 and $0.71.
Revenue Estimates
According to 10 analysts, the current quarter’s revenue is expected to be $160.21M. It ranges from a high estimate of $186.02M to a low estimate of $144.76M. As of the current estimate, IREN Ltd’s year-ago sales were $54.35MFor the next quarter, 10 analysts are estimating revenue of $196.57M. There is a high estimate of $252.38M for the next quarter, whereas the lowest estimate is $144.93M.
A total of 11 analysts have provided revenue estimates for IREN’s current fiscal year. The highest revenue estimate was $612.38M, while the lowest revenue estimate was $463.67M, resulting in an average revenue estimate of $528.47M. In the same quarter a year ago, actual revenue was $188.76MBased on 9 analysts’ estimates, the company’s revenue will be $912.29M in the next fiscal year. The high estimate is $1.07B and the low estimate is $746M.
