Allworth Financial LP Invests $651,000 in IREN Limited $IREN

Allworth Financial LP bought a new stake in IREN Limited (NASDAQ:IREN) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,864 shares of the company’s stock, valued at approximately $651,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Envestnet Asset Management Inc. bought a new position in IREN during the second quarter worth about $255,000. DNB Asset Management AS boosted its holdings in IREN by 133.9% in the 2nd quarter. DNB Asset Management AS now owns 109,601 shares of the company’s stock valued at $1,596,000 after purchasing an additional 62,746 shares during the period. Steward Partners Investment Advisory LLC boosted its holdings in IREN by 929.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 13,978 shares of the company’s stock valued at $204,000 after purchasing an additional 12,620 shares during the period. Advisors Asset Management Inc. grew its position in shares of IREN by 68.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 4,528 shares of the company’s stock worth $66,000 after purchasing an additional 1,839 shares in the last quarter. Finally, Richmond Investment Services LLC acquired a new position in shares of IREN during the 2nd quarter worth approximately $277,000. 41.08% of the stock is currently owned by institutional investors and hedge funds.

IREN Stock Performance

NASDAQ IREN opened at $41.12 on Wednesday. The company has a current ratio of 4.96, a quick ratio of 4.96 and a debt-to-equity ratio of 1.51. The firm has a market capitalization of $13.66 billion, a price-to-earnings ratio of 30.92 and a beta of 4.31. The firm’s 50 day simple moving average is $45.97 and its 200 day simple moving average is $47.60. IREN Limited has a 1 year low of $5.13 and a 1 year high of $76.87.

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

Wall Street Analysts Forecast Growth

IREN has been the subject of a number of analyst reports. Weiss Ratings upgraded shares of IREN from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 9th. Zacks Research raised IREN from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 16th. Cantor Fitzgerald lowered their price objective on IREN to $82.00 and set an “overweight” rating on the stock in a research note on Friday, February 6th. HC Wainwright raised IREN from a “sell” rating to a “buy” rating and set a $80.00 price objective for the company in a report on Tuesday, January 13th. Finally, The Goldman Sachs Group initiated coverage on IREN in a research report on Thursday, December 18th. They set a “neutral” rating and a $39.00 target price for the company. Thirteen analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $71.69.

IREN News Summary

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Seeking Alpha highlights IREN’s transition from bitcoin mining to a vertically integrated AI-compute player with large partner deals (Microsoft, Nvidia, Dell) and sizable AI revenue growth — a narrative that supports higher long-term valuation and investor interest. IREN’s Power Moat: Winning The AI Race
• Positive Sentiment: Broader Wall Street optimism for AI names lifts sentiment for GPU/data-center plays like IREN, providing momentum tailwinds if the company executes on its expansion. Wall Street Predicts These 3 AI Stocks Will Double in 4 Years
• Neutral Sentiment: Zacks included IREN in an AI-focused investment ideas roundup, signaling analyst attention but not a specific buy/sell verdict. Zacks Investment Ideas feature highlights
• Neutral Sentiment: Multiple short-interest reports today appear to show a large increase but contain inconsistent/zero values (NaN/0 shares) and days‑to‑cover = 0.0 — noisy data that currently provides no clear signal on bearish positioning.
• Neutral Sentiment: Zacks examines whether IREN’s ~$9.3B funding will cover rollout of 150k GPUs; funding largely does, but execution timing is critical — a watchpoint for near-term returns. Will IREN’s $9.3B Funding Cover Its 150K GPU Expansion Costs?
• Negative Sentiment: Comparative analysis (Zacks/Yahoo) favors Circle (CRCL) over IREN on near-term revenue growth and estimate momentum, suggesting IREN faces near-term transition pressure vs. pure-play crypto/fiat-exposure peers. IREN vs. CRCL: Which Crypto-Exposure Stock Has an Edge Right Now?
• Negative Sentiment: IREN coverage flags rising leverage and valuation risk as the company straddles Bitcoin and AI infrastructure exposure; investors should watch debt levels and margin sensitivity if macro or crypto sentiment weakens. Is IREN (IREN) Quietly Becoming a Leveraged Bet on Both Bitcoin and AI Infrastructure Demand?
• Negative Sentiment: IREN’s CEO warned that AI buildout is a “permanent whack‑a‑mole” bottleneck, underscoring operational and capacity challenges that could slow deployment and margin realization. IREN CEO: AI buildout is ‘permanent whack-a-mole’ — and that’s the real bottleneck

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.