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.

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

As of June 12, 2025, IREN stock price declined to $10.17 with 12,500,688 million shares trading.

IREN has a beta of 2.51, meaning it tends to be more sensitive to market movements. IREN has a correlation of 0.20 to the broad based SPY ETF.

IREN has a market cap of $2.46 billion. This is considered a Mid Cap stock.

Last quarter Iren Limited - reported $148 million in Revenue and $.11 earnings per share. This fell short of revenue expectation by $-1 million and missed earnings estimates by -$.03.

In the last 3 years, IREN traded as high as $15.92 and as low as $1.02.

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

IREN has underperformed the market in the last year with a return of -24.9%, while SPY returned +12.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IREN shares. However, IREN has outperformed the market in the last 3 month and 2 week periods, returning +44.5% and +18.3%, while SPY returned +8.3% and +2.3%, respectively. This indicates IREN has been having a stronger performance recently.

IREN support price is $9.79 and resistance is $10.81 (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.