IREN Stock Summary and Trading Ideas (Iren Limited - | NASDAQ:IREN)

IREN Ltd is engaged in data center business powering the future of Bitcoin, AI and beyond utilizing renewable energy. Bitcoin mining operations generate revenue by earning Bitcoin through a combination of Block rewards and transaction fees from the operation of its Bitcoin miners and exchanging these Bitcoin for fiat currencies such as USD or CAD.

Iren Limited - trades on the NASDAQ stock market under the symbol IREN.

As of December 19, 2025, IREN stock price climbed to $39.92 with 26,737,007 million shares trading.

IREN has a beta of 2.27, meaning it tends to be more sensitive to market movements. IREN has a correlation of 0.16 to the broad based SPY ETF.

IREN has a market cap of $11.32 billion. This is considered a Large Cap stock.

Last quarter Iren Limited - reported $240 million in Revenue and $1.08 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.93.

In the last 3 years, IREN traded as high as $76.87 and as low as $1.02.

The top ETF exchange traded funds that IREN belongs to (by Net Assets): BITQ, WGMI, BKCH, ULTY, DAPP.

IREN has outperformed the market in the last year with a return of +249.7%, while the SPY ETF gained +18.1%. In the last 3 month period, IREN beat the market returning +3.3%, while SPY returned +2.8%. However, in the most recent 2 weeks IREN has underperformed the stock market by returning -10.7%, while SPY returned -0.5%.

IREN support price is $32.96 and resistance is $38.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IREN shares will trade within this expected range on the day.