Should you buy IREN stock now?
No, the technical signal for IREN is currently Strong Sell. IREN trades at $41.28 as of Oct 7, 2026. The technical analysis shows the following: MACD is negative (bearish trend) at -0.305 with falling momentum (signal: 0.260); RSI is at 46.2 (neutral zone); the stock is in a short-term downtrend (price below the 20-day average); the analyst price target of $77.69 points to 88.2% upside. The stock is in a broader downtrend (below SMA50/SMA200). Buying in a downtrend is generally not recommended. This is a technical observation based on current data, not investment advice.
What is the price target for IREN stock?
The average analyst price target for IREN is $77.69. The current price is $41.28, which gives an upside of 88.2%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $69.92 and $85.46.
Is IREN a dividend stock?
No, IREN 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 stock?
IREN is rated as a stock in the risk category Extremely speculative. the annual standard deviation is 108.0%, which classifies the stock as Extremely speculative.
Is IREN overvalued?
No, IREN is considered undervalued based on the analyst price target (88.2% upside). IREN has the following valuation ratios: a P/S ratio of 22.7, a P/B ratio of 4.0. The analyst price target suggests that the stock is undervalued by 88.2%.
Is IREN overbought?
No, IREN is not overbought. RSI is at 46.2 (neutral zone). The technical indicators show: RSI is at 46.2 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 5.3% below the 20-day average (short-term downtrend). In addition, MACD is negative with falling momentum (bearish).
When is the next IREN earnings report?
IREN reports its next earnings on November 5, 2026. The stock currently trades at $41.28.
Is IREN shorted?
Yes, IREN is shorted with 21.7% of the free float sold short. This is an extremely high level of short selling, which points to great skepticism among institutional investors. The risk of a short squeeze on positive news or earnings is very high. The figure comes from our data provider EODHD, is reported about twice a month, and we check it every trading day.
Are insiders buying IREN stock?
No, insiders are not buying IREN shares – they are net sellers. Across the last 4 reported transactions, the split is 0 purchases and 4 sales, with a net 99,824,315 $ sold. Active sellers include Guzowski Christopher, Roberts William Gregory, Roberts Daniel John and others. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is IREN a good stock?
Based on our total score, IREN is rated as a disastrous stock with a total score of 16 out of 100. The stock scores very low on value, quality and momentum – it is among the worst in our database. The score is made up of Value: 20/100, Quality: 4/100, Momentum: 24/100. In addition: analysts see 88.2% upside to the price target; technical signal: Strong Sell. Whether IREN 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 stock?
The outlook for IREN based on current data: the average analyst price target is $77.69 (+88.2%); the stock is in a downtrend (below SMA50 and SMA200); the next earnings report is due on Nov 5, 2026, which can move the price. 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 stock falling?
IREN is falling right now. The technical indicators show: the price is 5.3% below the 20-day average; MACD is negative with falling momentum (bearish signal); short interest is 21.7% (high – many are betting on a decline); insiders have mostly been selling the stock recently. For the latest context, see our technical analysis and insider section above.
How high can IREN go?
The average analyst price target for IREN is $77.69, which corresponds to a potential gain of 88.2% from the current price of $41.28. The stock has traded between $28.93 and $76.87 over the last 52 weeks. The price is 46.3% below the 52-week high, which can indicate potential if the underlying fundamentals are intact. 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 fall?
The stock has traded as low as $28.93 over the last 52 weeks — that is 29.9% below the current price of $41.28. The biggest decline (drawdown) in the same period was 62.4% from high to low. Within a year, the price typically swings about ±108.0% (standard deviation — a measure of price swings). A difficult year could therefore mean a further decline of that size. 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 do?
Iris Energy Limited owns and operates bitcoin mining data centers. It also provides high performance computing solutions, including Al cloud services. The company was incorporated in 2018 and is headquartered in Sydney, Australia. The company belongs to the Financial Services sector, more specifically the Capital Markets industry, is headquartered in United States, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate IREN as an investment.
Did IREN raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from IREN. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history above.
Is IREN making money or losing money?
No, IREN is currently not making money — the company is losing money with a negative profit margin of -99.4%, a substantial loss. That means the business loses money on every dollar of revenue. For growth stocks investing in expansion this is normal — but it raises the risk if the company does not reach break-even before its capital runs out.
Can IREN go bankrupt?
Altman Z2 is not used for banks and financial companies — their balance sheet is built on debt (that is the business model), so the model would wrongly classify a healthy bank as distressed. For IREN, look instead at the capital base (e.g. the core capital ratio), loan losses and earnings power.
Does IREN have a lot of debt?
No, IREN has low debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 62%. For the financial services sector, anything below 200% counts as low debt. Banks take in deposits (debt) as their raw material and lend it out — which naturally gives a high D/E. 200-400% is typical; only above 400% counts as elevated. 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 service its debt? Could struggle to service its debt — the interest coverage ratio (how many times earnings can cover interest payments) is -5.9x, and net debt equals 50.7 years of earnings (EBITDA).
