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IREN Ltd IREN
IREN Ltd (IREN) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the grey zone. It does not currently pay a dividend. FY2025 revenue was $501.0M at a 17.4% net margin.
Beneish M-score: -1.12 — elevated (above the −1.78 line — aggressive-accounting signals worth a closer look) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-07-22 | HC Wainwright & Co. | Buy (main) |
| 2026-07-21 | Canaccord Genuity | Buy (main) |
| 2026-07-15 | Macquarie | Outperform (main) |
| 2026-07-06 | Freedom Broker | Buy (up) |
| 2026-06-18 | Jefferies | Buy (init) |
| 2026-06-04 | Macquarie | Outperform (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
How it ranks in Finance, Insurance & Real Estate · percentile among 1129 companies
Percentile vs other Finance, Insurance & Real Estate companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.167 |
| Retained earnings / assets | -0.203 |
| EBIT / assets | 0.006 |
| Equity / liabilities | 1.619 |
Sector peers · similar-size Finance, Insurance & Real Estate companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| IREN | IREN Ltd | 5/9 | 2.18 | 193.8 | +167.7% |
| FUFU | Bitfufu Inc. | 1/9 | 4.88 | — | +3.1% |
| MSTR | Strategy Inc | 3/9 | 4.34 | — | +3% |
| CAN | Canaan Inc. | 4/9 | 1.24 | — | +96.7% |
| RHLD | Resolute Holdings Management, Inc. | 6/9 | 7.47 | — | +9.9% |
| DAVE | Dave Inc./DE | 5/9 | — | 22.6 | +59.7% |
| CPSS | CONSUMER PORTFOLIO SERVICES, INC. | 4/9 | — | 11.2 | +10.4% |
All Finance, Insurance & Real Estate companies →
About IREN Ltd
IREN Limited operates in the vertically integrated data center business in Australia and Canada. The company owns and operates computing hardware, as well as electrical infrastructure and data centers. It also mines Bitcoin, a scarce digital asset that is created and transmitted through the operation of a peer-to-peer network of computers running the Bitcoin software. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. The company was incorporated in 2018 and is based in Sydney, Australia.
FAQ
Is IREN financially healthy?
IREN Ltd's Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does IREN pay a dividend?
No, IREN Ltd does not currently pay a dividend.
How profitable is IREN?
In FY2025, IREN Ltd had a net margin of 17.4% and a return on equity of 4.8%.
What is IREN's P/E ratio?
IREN Ltd's trailing price-to-earnings (P/E) ratio is about 193.8×, based on its latest annual earnings.
What is the analyst price target for IREN?
The average Wall-Street price target for IREN Ltd is $81.73, about 87.2% above the recent price, from 15 analysts (consensus: buy).
Is IREN a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on IREN Ltd: a Piotroski F-score of 5/9, an Altman Z″ in the grey zone, a P/E of about 193.8×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-06-30. Facts plus Stocktoria's own computed scores — not investment advice.