A share price of IREN Ltd [IREN] is currently trading at $6.76, up 1.81%. An important factor to consider is whether the stock is rising or falling in short-term value. The IREN shares have gain 0.75% over the last week, with a monthly amount drifted -10.34%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
IREN Ltd [NASDAQ: IREN] stock has seen the most recent analyst activity on March 13, 2025, when JP Morgan upgraded its rating to a Overweight and also revised its price target to $12 from $15. Previously, BTIG Research started tracking the stock with Buy rating on December 20, 2024, and set its price target to $33. On December 10, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $15 on the stock. ROTH MKM started tracking the stock assigning a Buy rating and suggested a price target of $14 on October 02, 2024. Needham initiated its recommendation with a Hold. Bernstein started tracking with a Outperform rating for this stock on July 10, 2024, and assigned it a price target of $26.
IREN Ltd experienced fluctuations in its stock price throughout the past year between $4.15 and $15.92. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. IREN Ltd [NASDAQ: IREN] shares were valued at $6.76 at the most recent close of the market. An investor can expect a potential return of 195.86% based on the average IREN price forecast.
Analyzing the IREN fundamentals
Trailing Twelve Months sales for IREN Ltd [NASDAQ:IREN] were 279.66M which represents 176.22% growth. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at -0.14%, Pretax Profit Margin comes in at -0.15%, and Net Profit Margin reading is -0.18%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.05 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.25.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.52 points at the first support level, and at 6.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.89, and for the 2nd resistance point, it is at 7.02.
Ratios To Look Out For
To put it in perspective, the Current Ratio for IREN Ltd [NASDAQ:IREN] is 0.94. On the other hand, the Quick Ratio is 0.94, and the Cash Ratio is 0.76. Considering the valuation of this stock, the price to sales ratio is 5.40, the price to book ratio is 1.12.
Transactions by insiders
Recent insider trading involved Christopher Guzowski, Director, that happened on Sep 17 ’24 when 28970.0 shares were purchased.
