Partners Capital Investment Group LLP Acquires New Shares in IREN Limited $IREN

Partners Capital Investment Group LLP bought a new position in shares of IREN Limited (NASDAQ:IREN) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 16,000 shares of the company’s stock, valued at approximately $751,000.

Other large investors also recently bought and sold shares of the company. Global Retirement Partners LLC purchased a new position in shares of IREN in the third quarter valued at $25,000. SLT Holdings LLC grew its stake in IREN by 6.0% in the 3rd quarter. SLT Holdings LLC now owns 10,600 shares of the company’s stock valued at $497,000 after acquiring an additional 600 shares during the last quarter. Drive Wealth Management LLC increased its holdings in IREN by 3.0% during the 2nd quarter. Drive Wealth Management LLC now owns 40,924 shares of the company’s stock valued at $596,000 after acquiring an additional 1,179 shares in the last quarter. Vermillion Wealth Management Inc. acquired a new position in IREN during the third quarter worth about $74,000. Finally, Centaurus Financial Inc. lifted its holdings in shares of IREN by 5.3% in the second quarter. Centaurus Financial Inc. now owns 31,150 shares of the company’s stock valued at $454,000 after purchasing an additional 1,570 shares in the last quarter. Institutional investors and hedge funds own 41.08% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on IREN shares. UBS Group reissued a “buy” rating on shares of IREN in a research note on Friday, November 7th. JPMorgan Chase & Co. raised their price target on IREN from $28.00 to $39.00 and gave the stock an “underweight” rating in a research report on Monday, November 24th. B. Riley reissued a “buy” rating on shares of IREN in a report on Wednesday, October 22nd. Canaccord Genuity Group upped their price objective on IREN from $42.00 to $70.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Finally, BTIG Research lifted their price objective on IREN from $32.00 to $75.00 and gave the stock a “buy” rating in a research report on Tuesday, October 14th. Thirteen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $69.36.

IREN Trading Up 8.5%

Shares of IREN opened at $56.68 on Friday. IREN Limited has a fifty-two week low of $5.13 and a fifty-two week high of $76.87. The company has a market capitalization of $16.07 billion, a PE ratio of 29.22 and a beta of 4.25. The stock has a fifty day moving average of $45.40 and a two-hundred day moving average of $40.15. The company has a debt-to-equity ratio of 0.34, a quick ratio of 5.52 and a current ratio of 5.52.

IREN (NASDAQ:IREN) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.34) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.48). The business had revenue of $240.30 million during the quarter, compared to analysts’ expectations of $244.60 million. IREN had a net margin of 86.96% and a negative return on equity of 3.60%. The firm’s quarterly revenue was up 28.3% compared to the same quarter last year. As a group, analysts forecast that IREN Limited will post 0.43 EPS for the current year.

More IREN News

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Technical momentum is building after a pullback—analysts note IREN is forming a bullish continuation pattern, holding key moving averages with improving momentum and Fibonacci targets that point toward further upside beyond prior highs. This narrative supports momentum-driven buying. IREN Price Forecast: Bullish Momentum Builds After Pullback
• Positive Sentiment: Strategic pivot toward Microsoft’s AI cloud is being discussed as reshaping the investment case for IREN—if partnerships or product integrations with Microsoft accelerate revenue growth or improve margins, that could materially raise investor expectations and valuation multiples. Market reactions suggest investors are pricing in potential upside from this shift. Is IREN’s Microsoft AI Cloud Pivot Reshaping The Investment Case For IREN (IREN)?
• Neutral Sentiment: Company announced its Q2 FY26 results release and conference call for Feb 5—this is a near-term catalyst that can reinforce the recent move (beat) or trigger a reset (miss). Investors should mark the date and listen for guidance, revenue mix and margin details. IREN to Release Q2 FY26 Results on February 5, 2026
• Negative Sentiment: After a strong run, the stock is pausing as investors take profits—coverage notes a short-term consolidation (“pause for breath”), which could increase volatility and lead to pullbacks if buying dries up or if upcoming results disappoint. IREN Shares Pause for Breath Following Meteoric Rise

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.