IREN Limited $IREN Shares Acquired by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. increased its holdings in shares of IREN Limited (NASDAQ:IREN) by 29.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,760 shares of the company’s stock after acquiring an additional 15,770 shares during the period. SBI Securities Co. Ltd.’s holdings in IREN were worth $3,274,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IREN. Situational Awareness LP lifted its stake in shares of IREN by 90.1% in the second quarter. Situational Awareness LP now owns 6,400,384 shares of the company’s stock valued at $93,254,000 after purchasing an additional 3,034,254 shares during the period. Hood River Capital Management LLC acquired a new position in IREN during the second quarter worth about $74,228,000. Invesco Ltd. increased its holdings in IREN by 45.9% in the second quarter. Invesco Ltd. now owns 2,974,674 shares of the company’s stock valued at $43,341,000 after buying an additional 936,333 shares in the last quarter. Merewether Investment Management LP acquired a new stake in shares of IREN during the 2nd quarter valued at approximately $21,025,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of IREN by 15.1% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,136,330 shares of the company’s stock worth $16,556,000 after acquiring an additional 148,864 shares in the last quarter. Institutional investors and hedge funds own 41.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Wall Street Zen raised IREN from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Zacks Research upgraded IREN from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 16th. Compass Point reaffirmed a “buy” rating and set a $105.00 price target on shares of IREN in a research note on Friday, November 7th. Citizens Jmp started coverage on shares of IREN in a research note on Wednesday, November 19th. They issued a “market outperform” rating and a $80.00 price objective on the stock. Finally, Canaccord Genuity Group raised their target price on shares of IREN from $42.00 to $70.00 and gave the company a “buy” rating in a report on Monday, November 10th. Thirteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $69.36.

IREN Stock Down 11.5%

IREN opened at $39.79 on Friday. The firm has a market cap of $11.28 billion, a P/E ratio of 20.51 and a beta of 4.27. The business’s fifty day simple moving average is $46.61 and its 200 day simple moving average is $42.26. IREN Limited has a 52 week low of $5.13 and a 52 week high of $76.87. The company has a quick ratio of 5.52, a current ratio of 5.52 and a debt-to-equity ratio of 0.34.

IREN (NASDAQ:IREN) last announced its earnings results on Thursday, February 5th. The company reported ($0.52) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.45). IREN had a negative return on equity of 3.60% and a net margin of 86.96%.The firm had revenue of $184.69 million for the quarter, compared to analyst estimates of $229.64 million. The business’s quarterly revenue was down 23.1% compared to the same quarter last year. As a group, equities research analysts anticipate that IREN Limited will post 0.43 EPS for the current fiscal year.

More IREN News

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Company secured large, dedicated financing to fund the AI pivot (a $3.6B delayed‑draw term loan tied to GPU purchases) and a Microsoft prepayment that together cover most near‑term CAPEX needs, reducing immediate dilution risk. MarketBeat Q2 coverage
• Positive Sentiment: Validation from a large customer: the previously announced ~$9.7B AI cloud deal with Microsoft remains central to the story and underpins long‑term revenue potential as IREN converts power capacity into recurring AI hosting revenue. Earnings presentation
• Positive Sentiment: Operational progress on power capacity (new Oklahoma campus, Sweetwater substation nearing energization) positions IREN to deploy GPUs faster than peers that lack ready grid connections — a structural advantage for AI hosting. MarketBeat Q2 coverage
• Neutral Sentiment: Strategic pivot thesis: industry commentary frames IREN as part of a broader “Bitcoin miners becoming AI landlords” trend — attractive long‑term but execution‑heavy and capital‑intensive. This is thematic validation rather than near‑term proof. AFR article
• Negative Sentiment: Quarterly results missed expectations: Q2 EPS and revenue fell well short of consensus (reported EPS loss and ~$184.7M revenue vs. higher estimates), producing an earnings surprise that pressured the stock. Zacks coverage
• Negative Sentiment: Bitcoin weakness and higher mining difficulty materially reduced mining revenue in the quarter — a near‑term headwind while the company transitions toward AI contracts. MSN article
• Negative Sentiment: Large non‑cash charges (derivative revaluations, impairments on older mining rigs) drove the headline loss and add volatility to quarterly earnings, keeping near‑term numbers noisy despite strong cash on hand. Seeking Alpha analysis

IREN Company 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.