Penserra Capital Management LLC Buys New Stake in IREN Limited $IREN

Penserra Capital Management LLC acquired a new stake in IREN Limited (NASDAQ:IREN) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 72,999 shares of the company’s stock, valued at approximately $3,425,000.

Several other institutional investors and hedge funds also recently made changes to their positions in IREN. Global Retirement Partners LLC bought a new stake in IREN during the third quarter worth about $25,000. Advisors Asset Management Inc. boosted its holdings in IREN by 68.4% in the second quarter. Advisors Asset Management Inc. now owns 4,528 shares of the company’s stock valued at $66,000 after acquiring an additional 1,839 shares during the last quarter. Vermillion Wealth Management Inc. bought a new position in shares of IREN in the 3rd quarter valued at about $74,000. SLT Holdings LLC acquired a new position in shares of IREN in the 2nd quarter valued at $146,000. Finally, Foundations Investment Advisors LLC acquired a new stake in shares of IREN in the 2nd quarter valued at approximately $146,000. Institutional investors and hedge funds own 41.08% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on IREN shares. HC Wainwright raised IREN from a “sell” rating to a “buy” rating and set a $80.00 target price for the company in a research note on Tuesday, January 13th. Weiss Ratings reiterated a “hold (c-)” rating on shares of IREN in a research note on Monday, December 29th. B. Riley reissued a “buy” rating on shares of IREN in a report on Wednesday, October 22nd. UBS Group reiterated a “buy” rating on shares of IREN in a research note on Friday, November 7th. Finally, The Goldman Sachs Group began coverage on shares of IREN in a research report on Thursday, December 18th. They set a “neutral” rating and a $39.00 price objective for the company. Thirteen analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, IREN has a consensus rating of “Moderate Buy” and a consensus target price of $69.36.

Trending Headlines about 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 Stock Down 11.5%

Shares of IREN opened at $39.79 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 5.52 and a current ratio of 5.52. The stock has a market capitalization of $11.28 billion, a price-to-earnings ratio of 20.51 and a beta of 4.27. IREN Limited has a 52 week low of $5.13 and a 52 week high of $76.87. The stock has a fifty day moving average of $46.61 and a 200-day moving average of $42.26.

IREN (NASDAQ:IREN) last released its quarterly earnings results on Thursday, February 5th. The company reported ($0.52) earnings per share for the quarter, missing the consensus estimate 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 the consensus estimate of $229.64 million. The business’s quarterly revenue was down 23.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that IREN Limited will post 0.43 earnings per share for the current fiscal year.

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.