AnalysisNews

IREN today

$19.48-$1.36 (-6.53%)close Nov 12, 2026

Trend

DailyUptrend (confirmed)

4 hourStrong Bearish

1 hourLeaning Bullish

15 minBullish

5 minStrong Bullish

Daily trend turns down below $40.97

Key levels

Resistance$28.87

Resistance$23.72

Support$17.22

Support$13.62

Latest news & SEC filings

AnalystJP Morgan keeps Overweight rating on IREN, cuts price target to $55

All IREN news →

About IREN

IREN runs an AI cloud business built from three parts it owns itself: physical data centers with land and power, GPU and server hardware, and software for managing AI workloads. It serves hyperscalers, enterprises, AI developers, frontier labs, and resellers. The company also mines Bitcoin, though it is shifting that capacity toward AI computing. Its sites and power projects are located across North America, Europe, and Asia Pacific.

Based on the company's 10-K filed Aug 27, 2026.

Nasdaq · Financial

IREN Ltd (IREN)

$19.48-1.36 (-6.53%)
WATCHLISTGrade: BRisk: MEDIUM
1D5D1M1Y5YMaxSign up for all timeframes
22.7827.5232.2737.0119.48Oct 12Oct 20Oct 28Nov 5
High20.28
Low18.43
Open19.02
Volume62.29M
Avg Vol57.15M
VWAP19.32
30d High41.76
30d Low18.03
30d Chg-53.35%

What Is the Price Target for IREN?

SEPT Low Target

$40.00

SEPT Mid Target

$64.00

SEPT High Target

$99.00

Analyst Consensus

$64.00

Current: $20.98Upside: +205.1%Confidence: 85%Method: Analyst Consensus

Is IREN a Buy or Sell Right Now?

58
Investability Score
WATCHLIST12-18 months
News summary · last 30 days
Nov 5▼ DownEarnings4 articles
IREN shares fell 12.92% to close at $18.03 after the company reported a wider-than-expected first-quarter loss of $0.66 per share versus the $0.48 loss forecast, though revenue of $228 million topped the $221.281 million estimate. The stock initially moved higher as AI cloud revenue surged to roughly $200 million from $7 million a year earlier, but the larger GAAP loss and a decline in total revenue from $240 million a year ago weighed on sentiment. The company also filed a Form 8-K disclosing a major event. The combination of a revenue beat offset by a significantly wider loss produced a bearish direction signal for the stock.
Oct 12▲ UpContractProduct4 articles
IREN shares closed at $34.80, down 4.15% on the day, after trading between a low of $34.66 and a high of $36.69 on volume of over 43 million shares. The decline came despite bullish news that IREN reportedly entered a multi-year AI cloud compute deal with Anthropic, a contract that multiple reports flagged as a high-impact catalyst. A separate report noted the stock was rebounding on the Anthropic news after a brutal week, with $40 cited as the next technical test. While the Anthropic contract headlines point to a positive direction, the stock's negative close suggests the bullish news was not enough to offset broader selling pressure today.
Critical news
Nov 5HIGHEarnings: growth/beat

Thesis

  • •Revenue growing 41.1% YoY with STRONG trend — consistent growth.
  • •SEC filings signal active product innovation — 1 new product/expansion keywords detected in 10-K. R&D investment stable.

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Is IREN Overvalued or Undervalued?

Valuation Verdict

UNDERVALUED

Methods Used

Analyst Consensus

Fair Value

$64.00

13

Moat Score

NONE

2/9

Piotroski Score

0.5

Altman Z-Score

What Is Smart Money Doing with IREN?

Insider Signal

NEUTRAL

0 buys / 0 sells (90d)

Congress Signal

BUYING

5 buys / 1 sells (90d)

Institutional

N/A

Short Squeeze Risk

MEDIUM

Signal: NEUTRAL

Recent Insider Activity

NameTitleTypeSharesValueDate
ALFRED MICHAELdirectorBuy6,657-Jul 1, 2026

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IREN Growth Story

Revenue YoY

41.1%

3yr Revenue CAGR

110.8%

EPS Growth YoY

-669.23%

FCF Growth YoY

-174.0%

Revenue Trend

STRONG

Dark Pool Trades for IREN

PREVIEW

SEPT Investing tracks real-time dark pool institutional trades for IREN, including block trade sizes, dollar values, and buy/sell side classification. Dark pool trades reveal where institutional investors are positioning before moves become visible on public exchanges.

TimePriceSizeValueSide
23:12:33$19.711,300$$26KSELL
23:08:09$19.7515,100$$298KBUY
23:07:11$19.7520,000$$395KBUY
23:06:35$19.741,100$$22KBUY
23:03:52$19.651,000$$20KBUY

5 dark pool trades shown · $$760K preview volume

Real-time institutional flow, block trades, and net positioning

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Options Flow for IREN

PREVIEW

SEPT Investing provides real-time options flow tracking for IREN, including unusual sweep detection, block trades, and dealer positioning. Each trade shows strike, expiry, premium, implied volatility, and greek values for informed decision-making.

TypeStrikeExpiryDTEPremiumSizeTrade
CALL$20Nov 208$$17.6K150BLOCK
CALL$20Nov 208$$9368SWEEP
CALL$20Nov 208$$2342SWEEP
CALL$20Nov 208$$4684SWEEP
CALL$20Nov 208$$4684SWEEP

5 options trades shown · 100% calls

Unusual activity, GEX levels, max pain, and dealer positioning

See full options flow

What Traders Are Saying About IREN

1 posts

SEPT Investing hosts an active community of 3,500+ traders sharing real-time analysis, trade setups, and market discussion for IREN. Join verified traders discussing price action, dark pool alerts, options flow, and AI-powered market intelligence.

A
Alan163d ago

Yesterday, I took profit on $ONDS, $LAC, $ASTS, $IREN

1 vouches1283 views

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Full AI Research Report

SEPT's Trading AI has generated a free, downloadable PDF research report for IREN Ltd (IREN) covering valuation analysis, financial health assessment, growth projections, smart money tracking, earnings and key price levels. For research only, not investment advice.

Report includes: PDF download, detailed valuation models (DCF, P/E, EV/EBITDA), institutional flow analysis, congress and insider trade tracking, FinBERT news sentiment (2 articles analyzed), and SEC filing intelligence...

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IREN — frequently asked questions

What is IREN stock price today?

IREN Ltd (IREN) is at $19.48, down 6.53% (-$1.36) at the Nov 12, 2026 close.

Why is IREN stock moving today?

Latest IREN news — Nov 9, 2026: JP Morgan keeps Overweight rating on IREN, cuts price target to $55

Why did IREN stock move on Nov 5, 2026?

IREN shares fell 12.92% to close at $18.03 after the company reported a wider-than-expected first-quarter loss of $0.66 per share versus the $0.48 loss forecast, though revenue of $228 million topped the $221.281 million estimate. The stock initially moved higher as AI cloud revenue surged to roughly $200 million from $7 million a year earlier, but the larger GAAP loss and a decline in total revenue from $240 million a year ago weighed on sentiment.

What is the IREN price target?

The average analyst price target for IREN is $64.00, ranging from $40 to $99, based on 13 analysts. Latest: JP Morgan maintains on Nov 9, 2026.

What do analysts rate IREN?

Analyst ratings for IREN: 5 Buy, 21 Hold, 0 Sell — consensus Hold.

Did IREN beat earnings?

IREN last reported on Nov 5, 2026: EPS -$0.62 vs -$0.72 expected — a beat of 14.4%.

Does IREN pay a dividend?

IREN does not currently pay a dividend.

How much debt does IREN have?

IREN Ltd reported $9.9B of debt and $3.5B of cash (Sep 30, 2026).

What are IREN support and resistance levels?

Support: $17.22, $13.62, $9.52. Resistance: $23.72, $28.87, $34.81.

What are insiders doing with IREN?

Insider activity: NEUTRAL, 0 buys and 0 sells in the last 90 days.

What is the latest news on IREN?

Nov 9, 2026: JP Morgan keeps Overweight rating on IREN, cuts price target to $55