IREN (IREN) to Post Quarterly Earnings on Thursday

IREN (NASDAQ:IREN) is expected to be issuing its Q4 2026 results after the market closes on Thursday, August 27th. Analysts expect the company to post earnings of ($0.5540) per share and revenue of $132.00 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q4 2026 earning results page for the latest details on the call scheduled for Thursday, August 27, 2026 at 5:00 PM ET.

IREN Trading Down 4.9%

Shares of IREN stock opened at $39.81 on Tuesday. The company has a market capitalization of $14.23 billion, a PE ratio of 82.94 and a beta of 4.29. IREN has a 52-week low of $20.74 and a 52-week high of $76.87. The business’s fifty day moving average is $42.78 and its 200 day moving average is $45.62. The company has a debt-to-equity ratio of 1.44, a quick ratio of 3.72 and a current ratio of 3.72.

Analysts Set New Price Targets

A number of brokerages have weighed in on IREN. Cantor Fitzgerald upped their target price on IREN from $77.00 to $99.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. JPMorgan Chase & Co. lifted their price target on IREN from $39.00 to $46.00 and gave the company an “underweight” rating in a research report on Monday, May 11th. The Goldman Sachs Group reissued a “neutral” rating on shares of IREN in a report on Monday, July 20th. Sanford C. Bernstein restated an “outperform” rating and issued a $100.00 price objective on shares of IREN in a research report on Thursday, August 13th. Finally, Weiss Ratings cut shares of IREN from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, IREN has a consensus rating of “Moderate Buy” and a consensus target price of $83.00.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Arax Advisory Partners raised its position in IREN by 306.2% during the fourth quarter. Arax Advisory Partners now owns 979 shares of the company’s stock valued at $37,000 after purchasing an additional 738 shares in the last quarter. Banque Cantonale Vaudoise purchased a new position in shares of IREN in the 3rd quarter worth about $67,000. Larson Financial Group LLC boosted its holdings in shares of IREN by 26.7% in the 3rd quarter. Larson Financial Group LLC now owns 1,590 shares of the company’s stock worth $75,000 after purchasing an additional 335 shares in the last quarter. CIBC Private Wealth Group LLC increased its position in shares of IREN by 113.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,600 shares of the company’s stock valued at $75,000 after purchasing an additional 850 shares during the last quarter. Finally, Pinnacle Financial Partners Inc. bought a new position in shares of IREN during the 3rd quarter valued at about $213,000. Institutional investors own 41.08% of the company’s stock.

About IREN

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.