Iren SpA (IRDEF.US) – Mixed Signal: Rating and Stock Analysis 2026/2027

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No analysts currently cover Iren SpA with a public price target. We add the price target automatically as soon as at least one analyst publishes a rating. Until then, use the technical analysis and the key figures below.

About Iren SpA – Utilities - Diversified

Iren SpA, together with its subsidiaries, operates as a multi-utility company in Italy. It operates through Networks, Waste Management, Energy, Market, and Other Services segments. The company produces and distributes electricity primarily from hydroelectric, thermoelectric, cogeneration, and other renewables, as well as distributes natural gas. It distributes electrical energy through 7,872 kilometers of medium and low voltage networks to approximately 729,000 connected users; and natural gas through its network of approximately 8,160 kilometers of high, medium, and low-pressure pipes to approximately 738,000 customers. The company also operates integrated water cycle, which includes 20,358 kilometers of pipeline networks that serve 2.9 million residents; 11,279 kilometers of sewerage networks; and operates treatment plants. In addition, it is involved in the provision of services related to street lighting systems, traffic light systems, heating systems, and electrical and special systems; collection and disposal of waste; snow clearing services; and analysis laboratories, telecommunications, and other services. It operates 35 hydroelectric plants, 7 thermoelectric cogeneration systems, and 1 thermoelectric plant, as well as 105 photovoltaic production plants with an installed capacity of 142 MW. Iren SpA is based in Reggio Emilia, Italy. Read more about the company

Key Figures for Iren SpA

$ 3,7B Market cap
$ 6,3B Revenue
Utilities - Diversified Industry
10.67 P/E
0.59 P/S
0.87 P/B
USA Listed on exchange

What kind of stock is Iren SpA?

Growth stock Value stock

Iren SpA is classified as a growth stock and value stock. This means the stock combines several attractive traits.

Score Overview for Iren SpA

💰 Value Score 95/100 (Very High)
⭐ Quality Score 54/100 (Neutral)
🚀 Momentum Score 67/100 (High)
📊 Total Score 72/100

⚠️ 1 red flag identified 1 critical

Our analysis has identified 1 potential risk factor in Iren SpA that investors should be aware of.

🚨 High debt: The debt-to-equity ratio is 308% – the company carries considerably more debt than equity, which raises the financial risk.

📈 Valuation

Iren SpA trades at a P/E ratio of 10.7, which is below the market average and can point to an attractive price. The forward P/E is 5.4 (49% lower), which suggests the market expects rising earnings. The P/S ratio is 0.6 (low — potentially undervalued relative to revenue). The P/B ratio is 0.9, below book value, which can point to a value opportunity.

💵 Profitability & Growth

Iren SpA has a profit margin of 4.8% (moderate) and an operating margin of 7.3%. Return on equity (ROE) is 8.6%. Return on assets (ROA) is 2.8%. The latest quarterly earnings grew 20.7% year over year.

🏦 Financial Health

The Piotroski score is 7 out of 9 — good financial health. Altman Z2 is 1.33 (middle zone — moderate). The debt-to-equity ratio (D/E) is 308.3% — high debt, which raises the risk.

Iren SpA Dividend 2026

Dividend Key Figures for Iren SpA in 2026

Dividend per share
0.16 USD
Payout ratio
71.9%
High
Dividend growth (4 years)
+163.6%
Avg. annual dividend (3 years)
0.27 USD

When does Iren SpA pay a dividend in 2026?

Latest ex-dividend date (traded without the dividend)
June 23, 2026
Latest payment date
June 24, 2026

How much does Iren SpA pay in dividends?

Iren SpA pays dividends to its shareholders. The most recently paid dividend was 0.16 USD per share. Over the last 4 years, the annual dividend has grown by 163.6%, which shows positive dividend growth.

The payout ratio is 71.9%, which is relatively high. The company pays out a large share of its profits as dividends, but there is still a buffer.

Historical Dividend Payments for Iren SpA

We have registered dividend payments for Iren SpA since 2021-06-21. In that period the stock has paid a dividend 42 times, most recently on 2026-06-23. This stock qualifies as a stable dividend stock, because it has paid a dividend at least once a year for the last 5 years. That makes it attractive to investors looking for steady, regular dividend payments.

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2026-06-232026-06-240.16USDUnknown period
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2025-06-242025-06-250.14USDUnknown period
2025-06-23N/A0.15USDUnknown period
2024-07-232024-07-240.13USDUnknown period
2024-07-22N/A0.14USDUnknown period
2023-06-192023-06-210.13USDUnknown period
2023-06-162023-06-210.12USDUnknown period
2022-07-182022-07-200.12USDUnknown period
2021-06-212021-06-230.11USDUnknown period

When Does Iren SpA Report Earnings?

The next earnings date for Iren SpA is not yet available. Check the company's investor calendar for more information.



Technical Analysis of Iren SpA 2026 – Signal: Hold

Overall Technical Signal: Hold

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated August 6, 2026.

Trend Analysis of Iren SpA

Iren SpA is in a short-term uptrend. The price of $2.88 is 0.9% above the 20-day average ($2.85). Medium term, the picture is positive: the price is 6.4% above the 50-day average ($2.71). Long term, the stock is 1.2% below the 200-day average ($2.91), which signals a long-term downtrend.

Death Cross: The 50-day average (2.71) is below the 200-day average (2.91), which is a classic bearish signal for Iren SpA.

Is Iren SpA overbought or oversold?

Iren SpA has an RSI of 99.1, which places the stock in overbought territory (above 70). With a neutral trend, the overbought level can signal an upcoming pullback.

MACD Analysis for Iren SpA

Daily MACD: MACD is positive (0.054), which means the short-term trend is bullish (the 12-day EMA is above the 26-day EMA). MACD is below the signal line (0.060) by 0.006, which suggests the positive momentum is fading – the trend could be turning.

Weekly MACD: MACD5 is negative (-0.034), which indicates a broader bearish long-term trend. MACD5 is above the signal line (-0.079) by 0.045, which suggests the negative long-term momentum is fading – a bigger trend reversal could be ahead.

Overall MACD assessment: The daily and weekly MACD give conflicting signals. The short-term trend is bullish, but the long-term trend is still bearish. Weekly momentum is rising, though, which could signal an upcoming trend reversal.

Risk Profile for Iren SpA

Iren SpA has an annual standard deviation of 34.0%, which classifies the stock as moderately low risk. There is some volatility, but the price is relatively stable.

Overall Technical Conclusion for Iren SpA

Trend: Neutral/mixed.

MACD trend (zero line): Daily bullish (0.054). Weekly bearish (-0.034).

MACD momentum (signal): Daily falling. Weekly rising.

RSI: 99.1 – overbought.

Technical signal: Hold

The signals are mixed – trend and MACD point in different directions. Wait until MACD crosses the zero line in the direction of the trend before acting.

Frequently Asked Questions About Iren SpA stock in 2026

Should you buy Iren SpA stock now?
The technical signal for Iren SpA is currently NEUTRAL. Iren SpA trades at $2.88 as of 8/6/2026. The overall technical signal is: Hold. The technical analysis shows the following: MACD is positive (bullish trend) at 0.054 with falling momentum (signal: 0.060); RSI is at 99.1 (overbought), suggesting the price may have risen too quickly; the stock is in a short-term uptrend (price above the 20-day average). This is a technical observation based on current data, not investment advice.
What is the price target for Iren SpA stock?
There is currently no active analyst price target for Iren SpA.
Is Iren SpA a dividend stock?
No, Iren SpA does not currently pay a dividend to shareholders. The company reinvests its profits in growth instead of paying dividends.
What is the risk of Iren SpA stock?
Iren SpA is rated as a stock with moderately low risk. the annual standard deviation is 34.0%, which classifies the stock as moderately low risk. In addition, an RSI of 99.1 signals overbought (elevated risk of a pullback).
Is Iren SpA overvalued?
Iren SpA has the following valuation ratios: a P/E ratio of 10.7 (moderately valued), a P/S ratio of 0.6, a P/B ratio of 0.9.
Is Iren SpA overbought?
Yes, Iren SpA is overbought with an RSI of 99.1 (above 70). The technical indicators show: RSI is at 99.1 (above the 70 mark), which signals the price is overbought and may have risen too quickly. In addition, the price is 0.9% above the 20-day average (short-term uptrend). In addition, MACD is positive, but momentum is falling.
When is the next Iren SpA earnings report?
The date of the next earnings report for Iren SpA has not been published yet. Check the company's investor calendar for updates.
Is Iren SpA shorted?
There is currently no registered short interest for Iren SpA, or the data is not available.
Are insiders buying Iren SpA stock?
There is currently no registered insider trading for Iren SpA.
Is Iren SpA a good stock?
Based on our total score, Iren SpA is rated as a good stock with a total score of 72 out of 100. The stock scores above average on value, quality and momentum – it is among the top 28% in our database. The score is made up of Value: 95/100, Quality: 54/100, Momentum: 67/100. In addition: technical signal: Hold. Whether Iren SpA is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Iren SpA stock?
The outlook for Iren SpA based on current data: the P/E ratio is 10.7 (low – a possible value stock). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Iren SpA stock moving?
Iren SpA is stable right now. The technical indicators show: the price is close to the 20-day average. For the latest context, see our technical analysis, insider section and news overview above.
How high can Iren SpA go?
There is currently no active analyst price target for Iren SpA. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Iren SpA fall?
We lack enough history to give a specific floor for Iren SpA. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Iren SpA do?
Iren SpA, together with its subsidiaries, operates as a multi-utility company in Italy. It operates through Networks, Waste Management, Energy, Market, and Other Services segments. The company produces and distributes electricity primarily from hydroelectric, thermoelectric, c... The company belongs to the Forsyning sector, more specifically the Utilities - Diversified industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Iren SpA as an investment.
Did Iren SpA raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Iren SpA. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is Iren SpA making money or losing money?
Yes, Iren SpA is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 4.8% — which is modest. The operating margin (profit before interest and taxes) is 7.3%. At a P/E ratio of 10.7, you currently pay 10.7 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can Iren SpA go bankrupt?
The bankruptcy risk of Iren SpA is rated as moderate. Altman Z2 (a model for assessing financial distress) is 1.33 — that places the company in the middle zone. The Piotroski score (financial health 0-9, higher is better) is 7 — which is strong. Debt relative to equity is 308% (high). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Iren SpA have a lot of debt?
Yes, Iren SpA has elevated debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 308%. For the forsyning sector, anything above 150% counts as elevated — that raises the financial risk, especially if interest rates rise or earnings fall. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector. Can Iren SpA service its debt? Can service its debt, but it weighs on the company — the interest coverage ratio (how many times earnings can cover interest payments) is 3.3x, and net debt equals 4.0 years of earnings (EBITDA).