IREN

IREN · NASDAQ · USD

$40.65Change from previous close: −0.56%Absolute change: −$0.23

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$16.02B
Enterprise value
$17.96B
Forward P/E
-10.2
PEG
3.11
Price/book
3.69
Price/sales
22.7
EV/EBITDA
468.4
EV/revenue
25.4

Profitability and growth

Gross margin
68.9%
Operating margin
-102.5%
Net margin
-99.4%
ROE
-23.4%
ROA
-2.5%
Revenue growth (year over year)
-26.7%

Financial health

Total cash
$5.9B
Total debt
$7.84B
Debt/equity
1.87
Current ratio
3.55
Quick ratio
2.66

Dividends

Payout ratio
0.0%

Analysts and estimates

Average price target
$77.69
Median price target
$80.00
High price target
$131.00
Low price target
$40.00
Analysts with a price target
18
Consensus
Buy
Forward EPS
-$3.98
EPS estimate, current year
-$3.42

Shares and trading

Beta
4.29
Average volume
42.77M
Shares outstanding
394.06M
Float
346.18M
Institutional ownership
59.2%
Insider ownership
3.3%
Short interest (% of float)
21.7%
Short ratio (days)
2.00