Penserra Capital Management LLC Buys Shares of 72,999 IREN Limited $IREN

Penserra Capital Management LLC purchased a new stake in shares of IREN Limited (NASDAQ:IREN) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 72,999 shares of the company’s stock, valued at approximately $3,425,000.

A number of other large investors have also modified their holdings of IREN. Belpointe Asset Management LLC boosted its stake in IREN by 17.5% during the 2nd quarter. Belpointe Asset Management LLC now owns 29,348 shares of the company’s stock valued at $428,000 after purchasing an additional 4,374 shares during the period. SLT Holdings LLC bought a new stake in shares of IREN during the second quarter valued at approximately $146,000. Vanguard Personalized Indexing Management LLC boosted its position in shares of IREN by 16.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 21,160 shares of the company’s stock worth $308,000 after buying an additional 2,952 shares during the period. Sippican Capital Advisors boosted its position in IREN by 28.6% during the 2nd quarter. Sippican Capital Advisors now owns 24,230 shares of the company’s stock worth $353,000 after acquiring an additional 5,390 shares during the period. Finally, Allianz Asset Management GmbH acquired a new stake in IREN in the second quarter worth about $10,743,000. Institutional investors and hedge funds own 41.08% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on IREN. Roth Mkm set a $94.00 target price on IREN and gave the stock a “buy” rating in a research report on Monday, November 3rd. JMP Securities set a $80.00 price objective on shares of IREN in a research note on Wednesday, November 19th. HC Wainwright upgraded IREN from a “sell” rating to a “buy” rating and set a $80.00 target price for the company in a report on Tuesday, January 13th. Citizens Jmp started coverage on shares of IREN in a research report on Wednesday, November 19th. They issued a “market outperform” rating and a $80.00 price target for the company. Finally, JPMorgan Chase & Co. increased their price objective on IREN from $28.00 to $39.00 and gave the stock an “underweight” rating in a report on Monday, November 24th. Thirteen investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $69.36.

IREN Price Performance

Shares of NASDAQ:IREN opened at $39.79 on Friday. The business has a 50 day moving average price of $46.61 and a 200 day moving average price of $42.26. The company has a market cap of $11.28 billion, a price-to-earnings ratio of 20.51 and a beta of 4.27. 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 Limited has a twelve month low of $5.13 and a twelve month high of $76.87.

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). The company had revenue of $184.69 million for the quarter, compared to the consensus estimate of $229.64 million. IREN had a negative return on equity of 3.60% and a net margin of 86.96%.The firm’s quarterly revenue was down 23.1% compared to the same quarter last year. Research analysts predict that IREN Limited will post 0.43 earnings per share for the current year.

Key Stories Impacting IREN

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Management secured a $3.6 billion delayed‑draw term loan (sub‑6% interest) tied to execution of the Microsoft AI cloud contract, and a reported ~$1.9 billion prepayment from Microsoft covers most GPU CAPEX needs — materially reducing near‑term dilution and funding risk. Read More.
• Positive Sentiment: IREN is building scale in power capacity (reported >4.5 GW secured) and announced new campus capacity (1.6 GW Oklahoma campus; Sweetwater substation energization planned), supporting the company’s transition from bitcoin miner to AI/HPC landlord — a structural competitive advantage in a congested power market. Read More.
• Neutral Sentiment: Analyst sentiment remains mixed-to-positive on longer horizon; broker consensus was around a “Moderate Buy” prior to/around earnings, reflecting faith in the pivot but caution on execution. Read More.
• Neutral Sentiment: The company holds a strong liquidity position (reported cash ~ $2.8B as of Jan 31), which cushions near‑term operations while it deploys capital into GPUs and data‑center conversion. Read More.
• Negative Sentiment: Q2 results missed expectations: revenue and EPS materially lagged consensus (multiple outlets report revenue miss and a wider loss driven by non‑cash items), which prompted the immediate sell‑off. MarketBeat and Zacks note revenue and EPS shortfalls that shocked near‑term earnings expectations. Read More.
• Negative Sentiment: Headline net loss was widened by large non‑cash derivative revaluations and impairment charges related to legacy mining equipment — items that can swing quarter‑to‑quarter and create headline volatility even if underlying cash burn is controlled. Read More.
• Negative Sentiment: Short‑term pressures from a crypto weakness/AI sector rotation (bitcoin pullback and broader AI stock volatility) amplify downside risk until IREN demonstrates timely GPU deployment and stable recurring revenues from AI contracts. Market commentary flagged both bitcoin weakness and sector selloffs as contributors to the move. Read More.

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.