IREN Ltd (NASDAQ:IREN) currently has a daily average trading volume of 19.44M but it saw 25057685 shares traded in last market. With a market cap of 4.09B USD, the company’s current market price of $16.96 came rising about 0.41 while comparing to the previous closing price of $16.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.54 and as low as $5.12. In the recent trading on the day, stock has struck highest price mark of $16.56 while lowest mark touched by it was $17.38.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the JP Morgan which upgraded the stock as “Overweight” in its note to investors issued on March 13, 2025, recommending a price target of between $15 and $12 for it. JP Morgan issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $9.50 and $15.
Over the week, IREN’s stock price is moving 11.36% up while it is 73.95% when we observe its performance for the past one month. Year-to-date it is 12.84% up and over the past year, the stock is showing an upside performance of 72.71%.
The company is expected to be releasing its next quarterly report on 2025-May-14, for which analysts forecasted an EPS of 0.25 while estimate for next year EPS is 0.28. In next quarter, company is expected to be making quarterly sales of $214.19M as analysts are expecting the sales for current fiscal year at $500.03M and seeing the company making $869.08M in sales next year. Moreover, analysts are in estimates of $176.37M for current-quarter revenue.
Currently, IREN Ltd’s total number of outstanding shares is 240.97M with 4.39% of that held by the insiders while 59.45% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -2.50% and return on equity (ROE) at -3.39%. It has a 17.86 of forward P/E ratio. Stock’s beta reads 3.98. Stock has a price to book (P/B) ratio of 2.66 while price to sale or P/S ratio amounts to 11.13. Its return on asset (ROA) is -2.63% on average.
