12,751 Shares in IREN Limited $IREN Acquired by William Blair Investment Management LLC

William Blair Investment Management LLC acquired a new position in IREN Limited (NASDAQ:IREN) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 12,751 shares of the company’s stock, valued at approximately $482,000.

Several other institutional investors also recently modified their holdings of the stock. Prospera Financial Services Inc bought a new position in shares of IREN in the fourth quarter worth approximately $499,000. Darden Wealth Group Inc bought a new position in shares of IREN in the fourth quarter worth approximately $294,000. Axxcess Wealth Management LLC bought a new position in shares of IREN in the fourth quarter worth approximately $622,000. JW Asset Management LLC purchased a new stake in IREN in the fourth quarter worth approximately $6,219,000. Finally, Global Retirement Partners LLC boosted its stake in IREN by 768.3% in the fourth quarter. Global Retirement Partners LLC now owns 4,680 shares of the company’s stock worth $177,000 after buying an additional 4,141 shares in the last quarter. 41.08% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on the company. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $70.00 target price on shares of IREN in a research note on Tuesday, February 10th. Wall Street Zen lowered IREN from a “hold” rating to a “strong sell” rating in a research note on Saturday, February 7th. BTIG Research upped their target price on IREN to $80.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. HC Wainwright upped their target price on IREN to $85.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $44.00 target price on shares of IREN in a research note on Friday, May 8th. Thirteen analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.77.

IREN Stock Performance

NASDAQ:IREN opened at $59.78 on Wednesday. The firm has a market cap of $21.36 billion, a PE ratio of 124.54 and a beta of 4.17. IREN Limited has a fifty-two week low of $8.28 and a fifty-two week high of $76.87. The company has a debt-to-equity ratio of 1.44, a quick ratio of 3.72 and a current ratio of 3.72. The business has a 50 day moving average price of $46.39 and a 200-day moving average price of $46.15.

IREN (NASDAQ:IREN) last released its quarterly earnings data on Friday, May 8th. The company reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.03). The company had revenue of $144.80 million for the quarter, compared to analysts’ expectations of $219.69 million. IREN had a net margin of 20.90% and a negative return on equity of 13.13%. Equities research analysts predict that IREN Limited will post -1.09 earnings per share for the current year.

More IREN News

Here are the key news stories impacting IREN this week:

• Positive Sentiment: IREN announced a $1.6 billion purchase agreement with Dell for Blackwell systems to support its previously announced $3.4 billion, five-year AI cloud contract, signaling faster buildout of AI capacity and a larger revenue opportunity. IREN Targets $4.4bn in ARR with Blackwell Deployment at Childress
• Positive Sentiment: The Dell deal is expected to lift IREN’s annualized run-rate revenue from $3.7 billion to $4.4 billion once the systems are commissioned, which investors may view as validation of the company’s AI cloud expansion plans. IREN Limited (IREN) Stock Climbs on $1.6B Dell Partnership for AI Infrastructure Expansion
• Positive Sentiment: News that Paul Tudor Jones increased his IREN stake by 57% added to bullish sentiment, suggesting a high-profile investor sees further upside tied to the AI infrastructure buildout. Paul Tudor Jones Just Bought 57% More IREN Shares, Betting Big On The ‘AI Infrastructure Buildout’ As It ‘Feels Like ’99’
• Neutral Sentiment: Several roundup and commentary pieces kept IREN in focus as a top Bitcoin/AI infrastructure stock, but these were more attention drivers than fresh fundamentals. Top Bitcoin Stocks To Follow Today – May 26th
• Negative Sentiment: Some coverage also highlighted that IREN has already had a strong run this year, which may raise concerns about valuation and near-term upside if execution on the AI buildout slips. IREN stock is already up 58% in 2026. Nvidia could keep taking shares higher.

IREN Profile

IREN Limited, formerly known as Iris Energy Limited, owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.