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 January 20, 2026, IREN stock price declined to $56.81 with 22,229,292 million shares trading.

IREN has a beta of 2.02, meaning it tends to be more sensitive to market movements. IREN has a correlation of 0.13 to the broad based SPY ETF.

IREN has a market cap of $18.65 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 $1.73.

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

IREN has outperformed the market in the last year with a price return of +396.2% while the SPY ETF gained +16.8%. However, in the short term, IREN had mixed performance relative to the market. It has underperformed in the last 3 months, returning -8.1% vs +3.8% return in SPY. But in the last 2 weeks, IREN shares have fared better than the market returning +33.0% compared to SPY +0.1%.

IREN support price is $54.28 and resistance is $61.37 (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.