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

IREN owns data centers powered by renewable energy in Canada and the US for bitcoin mining and AI cloud infrastructure. The company is in the process of converting its existing bitcoin capacity for AI purposes and securing new power and land supply to expand its data center operations. IREN works closely with industry leaders in AI, such as Microsoft, to support their cloud infrastructure ambitions.

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

As of October 26, 2026, IREN stock price climbed to $25.43 with 51,126,027 million shares trading.

IREN has a beta of 3.39, meaning it tends to be more sensitive to market movements. IREN has a correlation of 0.18 to the broad based SPY ETF.

IREN has a market cap of $10.02 billion. This is considered a Large Cap stock.

Last quarter Iren Limited - reported $137 million in Revenue and -$.74 earnings per share. This fell short of revenue expectation by $-3 million and missed earnings estimates by -$.19.

In the last 3 years, IREN traded as high as $76.87 and as low as $2.79.

The top ETF exchange traded funds that IREN belongs to (by Net Assets): IWR, IWD, BKCH, SPDW, VT.

IREN has underperformed the market in the last year with a price return of -54.5% while the SPY ETF gained +15.1%. IREN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -37.3% and -27.7%, respectively, while the SPY returned +3.9% and -1.7%, respectively.

IREN support price is $23.49 and resistance is $26.32 (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.