Neuberger Berman Group LLC Purchases Shares of 91,359 IREN Limited $IREN

Neuberger Berman Group LLC acquired a new position in shares of IREN Limited (NASDAQ:IREN) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 91,359 shares of the company’s stock, valued at approximately $4,287,000.

Several other institutional investors and hedge funds also recently made changes to their positions in IREN. Global Retirement Partners LLC bought a new position in shares of IREN during the third quarter worth approximately $25,000. Allianz SE acquired a new position in IREN in the 3rd quarter valued at $57,000. Sherman Asset Management Inc. acquired a new position in IREN in the 3rd quarter valued at $59,000. Advisors Asset Management Inc. increased its position in IREN by 68.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 4,528 shares of the company’s stock worth $66,000 after buying an additional 1,839 shares during the period. Finally, Vermillion Wealth Management Inc. bought a new position in IREN during the 3rd quarter worth $74,000. Institutional investors and hedge funds own 41.08% of the company’s stock.

Trending Headlines about IREN

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Large Nvidia GPU buildout lifts long‑term revenue potential — IREN agreed to buy 50,000 NVIDIA B300 GPUs, expanding its fleet toward 150,000 GPUs to support AI cloud capacity. This materially increases compute scale and underpins the company’s AI revenue targets. DataCenterDynamics: IREN purchases 50,000 NVIDIA B300 GPUs
• Positive Sentiment: Ambitious AI revenue targets and large corporate deals could drive meaningful growth — management is targeting roughly $3.7B AI cloud ARR by late‑2026 and public commentary references a sizeable Microsoft‑related contract that supports the pivot from mining to AI infrastructure. These milestones are the core bullish case. Seeking Alpha: IREN buying an AI infrastructure giant
• Neutral Sentiment: Strong prior fundraising and capital access — IREN has raised multiple billions (~$9.3B cited historically) to finance GPU expansion, which both supports growth and changes financing flexibility; investors will watch execution and ROI. Yahoo Finance: The Bull Case For IREN
• Negative Sentiment: Large at‑the‑market (ATM) / equity program raises dilution worries — IREN expanded its ATM capacity (about $6B reported), and concurrently opened an equity offering to fund the GPU buildout; investors are concerned about near‑term share dilution and timing of issuance. Yahoo Finance: IREN expands GPU fleet, opens $6B equity offering
• Negative Sentiment: Short‑seller spotlight and guidance questions amplified selling pressure — Jim Chanos publicly criticized the $6B equity filing and flagged the company’s lack of clarity around a cited $500M revenue guidance figure, increasing investor caution. MSN: Jim Chanos sounds alarm
• Negative Sentiment: Recent fundamental miss and macro/geopolitical noise — IREN’s prior quarterly results missed EPS and revenue estimates, and geopolitical headlines (Iran‑related) have been flagged as an additional near‑term risk to sentiment and partnerships. Seeking Alpha: Geopolitical noise discussion

IREN Stock Down 8.5%

IREN stock opened at $36.70 on Friday. The company has a market cap of $12.19 billion, a PE ratio of 27.59 and a beta of 4.31. The business has a 50-day simple moving average of $46.58 and a 200 day simple moving average of $45.98. IREN Limited has a 52 week low of $5.13 and a 52 week high of $76.87. The company has a quick ratio of 4.96, a current ratio of 4.96 and a debt-to-equity ratio of 1.51.

IREN (NASDAQ:IREN) last announced its quarterly earnings data on Thursday, February 5th. The company reported ($0.44) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.37). IREN had a negative return on equity of 10.01% and a net margin of 56.59%.The firm had revenue of $184.69 million for the quarter, compared to analyst estimates of $229.64 million. The company’s revenue for the quarter was down 23.1% compared to the same quarter last year. Sell-side analysts anticipate that IREN Limited will post 0.43 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on IREN shares. Weiss Ratings cut shares of IREN from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, February 23rd. B. Riley Financial reaffirmed a “buy” rating on shares of IREN in a research report on Friday, February 6th. HC Wainwright upgraded shares of IREN from a “sell” rating to a “buy” rating and set a $80.00 price objective for the company in a research note on Tuesday, January 13th. Cantor Fitzgerald cut their price objective on shares of IREN to $82.00 and set an “overweight” rating for the company in a report on Friday, February 6th. Finally, JPMorgan Chase & Co. increased their target price on shares of IREN from $28.00 to $39.00 and gave the stock an “underweight” rating in a research report on Monday, November 24th. Thirteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $71.69.

IREN Company Profile

IREN Limited, formerly known as Iris Energy Limited, owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.