Baader Bank Aktiengesellschaft Cuts Stock Holdings in IREN Limited $IREN

Baader Bank Aktiengesellschaft lowered its position in IREN Limited (NASDAQ:IREN) by 65.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 115,000 shares of the company’s stock after selling 215,000 shares during the period. Baader Bank Aktiengesellschaft’s holdings in IREN were worth $5,397,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Global Retirement Partners LLC bought a new stake in IREN in the 3rd quarter worth about $25,000. SLT Holdings LLC grew its holdings in shares of IREN by 6.0% in the third quarter. SLT Holdings LLC now owns 10,600 shares of the company’s stock valued at $497,000 after acquiring an additional 600 shares in the last quarter. Drive Wealth Management LLC grew its holdings in shares of IREN by 3.0% in the second 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. Vanguard Personalized Indexing Management LLC increased its position in shares of IREN by 5.8% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 22,393 shares of the company’s stock valued at $1,051,000 after acquiring an additional 1,233 shares during the last quarter. Finally, Sherman Asset Management Inc. bought a new stake in IREN during the third quarter worth $59,000. 41.08% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Cantor Fitzgerald reduced their price objective on IREN to $82.00 and set an “overweight” rating for the company in a research note on Friday. BTIG Research increased their price target on shares of IREN from $32.00 to $75.00 and gave the company a “buy” rating in a research report on Tuesday, October 14th. UBS Group reaffirmed a “buy” rating on shares of IREN in a research report on Friday, November 7th. Citigroup started coverage on shares of IREN in a research note on Wednesday, November 19th. They issued an “outperform” rating on the stock. Finally, JPMorgan Chase & Co. raised their price target on shares of IREN from $28.00 to $39.00 and gave the stock an “underweight” rating in a research note on Monday, November 24th. Thirteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $72.29.

IREN Stock Down 7.0%

IREN stock opened at $42.93 on Wednesday. The firm has a 50 day simple moving average of $46.48 and a 200 day simple moving average of $43.13. The company has a current ratio of 4.96, a quick ratio of 4.96 and a debt-to-equity ratio of 1.51. IREN Limited has a 1-year low of $5.13 and a 1-year high of $76.87. The firm has a market capitalization of $12.17 billion, a price-to-earnings ratio of 32.28 and a beta of 4.27.

IREN (NASDAQ:IREN) last posted its quarterly earnings results on Thursday, February 5th. The company reported ($0.44) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.37). The company had revenue of $184.69 million during the quarter, compared to the consensus estimate of $229.64 million. IREN had a negative return on equity of 10.01% and a net margin of 56.59%.The firm’s quarterly revenue was down 23.1% compared to the same quarter last year. On average, analysts predict that IREN Limited will post 0.43 earnings per share for the current year.

Key IREN News

Here are the key news stories impacting IREN this week:

• Positive Sentiment: IREN’s strategic shift into AI infrastructure and a reported Microsoft contract materially reshape its growth story and reduce perceived long-term risk from legacy lines — a potential bullish catalyst for valuation and investor interest. IREN Pivot To AI Infrastructure With Microsoft Contract Reshapes Risk Profile
• Positive Sentiment: Canaccord Genuity reaffirmed a “buy” rating and a $70 price target, signaling analyst conviction that IREN can capture AI-related upside (price target implies significant upside from current levels). Read More
• Positive Sentiment: Short interest fell sharply in January (down ~20% to ~40.9M shares, ~15.2% of float, short-interest ratio ~0.8 days), indicating heavy short covering — this reduces immediate downward pressure and can support short-term rallies if momentum resumes.
• Positive Sentiment: Sector-level bullish research (Zacks pieces on AI infrastructure capex and market breadth, and a 247WallStreet feature) support a favorable macro backdrop for IREN as an AI-infrastructure play, which could lift sentiment and multiple expansion. CAPEX & Cash Flow: The Bull Case for AI Infrastructure Stocks
• Neutral Sentiment: Zacks and other analyst commentary highlight strong AI cloud momentum but warn of rising competition and premium valuation, leading some to recommend a cautious “hold” rather than an outright buy. Should You Buy, Sell or Hold IREN Stock Post Q2 Earnings?
• Negative Sentiment: Macquarie trimmed its price target to $70 while keeping an Outperform rating — a sign of moderated upside expectations that can cap near-term gains. Macquarie Lowers Iren PT to $70
• Negative Sentiment: Fundamental headwinds remain: the company reported a Q2 EPS miss and a notable revenue decline year-over-year, which continues to weigh on near-term profitability and investor confidence (key reason for today’s negative price action).

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.