IREN Limited

Below is Validea's guru fundamental report for IREN LTD (IREN). Of the 22 guru strategies we follow, IREN rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consistent intermediate-term relative performance.
IREN LTD (IREN) is a large-cap growth stock in the Computer Services industry. The rating using this strategy is 88% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of IREN LTD
IREN Guru Analysis
More Information on Wesley Gray
Wesley Gray Portfolio
About Wesley Gray: Wesley Gray is the founder of Alpha Architect and the author (along with co-author Jack Vogel) of "Quantitative Momentum A Practitioner's Guide to Building a Momentum-Based Stock Selection System". He is also the author (along with co-author Tobias Carlisle) of "Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors". He is an industry recognized expert in the application of quantitative investing strategies. Wes is also a former Marine and has his Phd from the Univerisity of Chicago, where he studied under Nobel Prize winner Eugene Fama.
Additional Research Links
High Momentum Stocks
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

IREN Quantitative Stock Analysis

Below is Validea's guru fundamental report for IREN LTD (IREN). Of the 22 guru strategies we follow, IREN rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consistent intermediate-term relative performance.
IREN LTD (IREN) is a large-cap growth stock in the Computer Services industry. The rating using this strategy is 88% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of IREN LTD
More Information on Wesley Gray
About Wesley Gray: Wesley Gray is the founder of Alpha Architect and the author (along with co-author Jack Vogel) of "Quantitative Momentum A Practitioner's Guide to Building a Momentum-Based Stock Selection System". He is also the author (along with co-author Tobias Carlisle) of "Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors". He is an industry recognized expert in the application of quantitative investing strategies. Wes is also a former Marine and has his Phd from the Univerisity of Chicago, where he studied under Nobel Prize winner Eugene Fama.
Additional Research Links
High Insider Ownership Stocks
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Validea Detailed Fundamental Analysis - IREN

The NASDAQ 100 After Hours Indicator is up 11.82 to 25,369.98. The total After hours volume is currently 116,434,188 shares traded.
The following are the most active stocks for the after hours session:
Beyond Meat, Inc. (BYND) is -0.095 at $2.09, with 9,551,005 shares traded. BYND's current last sale is 104.5% of the target price of $2.
NVIDIA Corporation (NVDA) is +0.29 at $186.55, with 2,503,626 shares traded. As reported by Zacks, the current mean recommendation for NVDA is in the "buy range".
Global X Conscious Companies ETF (KRMA) is -0.024 at $44.04, with 1,870,003 shares traded. This represents a 37.78% increase from its 52 Week Low.
Honeywell International Inc. (HON) is unchanged at $216.14, with 1,617,824 shares traded. As reported by Zacks, the current mean recommendation for HON is in the "buy range".
IREN Limited (IREN) is +0.1907 at $63.09, with 1,604,569 shares traded., following a 52-week high recorded in today's regular session.
PENN Entertainment, Inc. (PENN) is unchanged at $17.72, with 1,522,696 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2025. The consensus EPS forecast is $-0.1. PENN's current last sale is 80.55% of the target price of $22.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

After Hours Most Active for Oct 24, 2025 : BYND, NVDA, KRMA, HON, IREN, PENN

Key Points
Iren is one of several artificial intelligence infrastructure stocks that rose quickly on faith that AI spending will continue to soar.
Signs of a bubble in that sector had investors selling earlier this week.
A strong earnings report from a tech bellwether reversed market sentiment on Friday.
Multibillion-dollar deals continue to be announced to add data center compute power for artificial intelligence (AI) applications. Yet some investors are skeptical that a bubble may be forming with AI stocks.
One name that is caught up in the bubble talk is Iren (NASDAQ: IREN). Iren shares plunged as much as 14% at the low for the week. A recovery on Thursday and Friday helped pare that drop. As of Friday morning, Iren stock was actually up by about 2% for the week, according to data provided by S&P Global Market Intelligence.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
AI bubble or no AI bubble?
A strong 10% rebound on Friday helped wipe out much of the week's losses for Iren stock. The roller-coaster ride came as investors began to feel that some AI infrastructure stocks rose too far, too fast. That led to what many felt was a deflating bubble. Once that sentiment hits Wall Street, many investors want to sell quickly to get ahead of a stock market bubble bursting.
Two things changed that thinking. A strong earnings report from tech giant Intel on Thursday gave investors confidence that the market for semiconductor chips was still hot. And a softer-than-expected inflation report on Friday meant there was a better chance that the Federal Reserve would continue on an interest rate-cut cycle.
Lower borrowing costs will help the booming data center buildout continue. That's good news for Iren, as it will gain customers to utilize its AI infrastructure.
Should you invest $1,000 in Iren right now?
Before you buy stock in Iren, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Iren wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $600,550!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,116,616!*
Now, it’s worth noting Stock Advisor’s total average return is 1,032% — a market-crushing outperformance compared to 192% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of October 20, 2025
Howard Smith has positions in Intel and has the following options: short November 2025 $26 calls on Intel. The Motley Fool has positions in and recommends Intel. The Motley Fool recommends the following options: short November 2025 $21 puts on Intel. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Why Did Iren Stock Plunge but Then Recover This Week?

In this video, I will explain why the high-flying artificial intelligence (AI) stocks, such as Nebius (NASDAQ: NBIS), CoreWeave (NASDAQ: CRWV), and Iren (NASDAQ: IREN), all crashed recently. Watch the short video to learn more, consider subscribing, and click the special offer link below.
*Stock prices used were from the trading day of Oct. 22, 2025. The video was published on Oct. 22, 2025.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »
Should you invest $1,000 in Nebius Group right now?
Before you buy stock in Nebius Group, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nebius Group wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $602,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,105,092!*
Now, it’s worth noting Stock Advisor’s total average return is 1,028% — a market-crushing outperformance compared to 190% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of October 20, 2025
Neil Rozenbaum has positions in CoreWeave, Iren, and Nebius Group. The Motley Fool recommends Nebius Group. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Why Did Nebius, Iren, and CoreWeave All Crash on Wednesday?

Key Points
Quantum computing leader IonQ is expected to report 112% revenue growth in 2025 and another 87% increase for 2026.
Growing demand for AI infrastructure is expected to more than double the revenue of leading Bitcoin miner Iren Limited in 2026.
The bull market has sent all the major market indices to new highs in 2025. But it's no surprise to see the tech-centric Nasdaq Composite continuing its streak of outperformance. The Nasdaq has significantly outpaced the Dow Jones Industrial Average and S&P 500 over the last 10 years, and so far in 2025, that continues to be the case. At the time of this writing, the Nasdaq, Dow, and S&P are each up 17%, 13%, and 8%, respectively, year to date.
The tech sector is being driven by growing investment in artificial intelligence (AI), which promises to add trillions in value to the economy in the decades to come. Here are two high-growth tech stocks that Wall Street analysts expect will grow revenues at high rates through 2026.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
1. IonQ: Estimated revenue growth of 87% in 2026
Quantum computing is an emerging industry gaining a lot of investor attention for its potential to bring technological breakthroughs in science. IonQ (NYSE: IONQ) has been investing in this technology for 30 years, giving the business a big head start in what could become an important industry in the next few decades.
Wall Street analysts expect IonQ's revenue to grow 112% this year before growing 87% in 2026. IonQ builds quantum computing systems that it offers as a service through cloud platforms like Microsoft Azure.
There are other companies working on quantum computing, such as Rigetti Computing, International Business Machines, and Microsoft. However, IonQ management believes its technology roadmap is five years ahead of any of these companies. Its patent portfolio has grown from 35 patents to 1,060 over the last five years.
There is a lot going on in the company's favor, but it won't be smooth sailing. IonQ is not yet profitable, having reported substantial operating losses. This shouldn't be concerning, given it is in the early stages of this opportunity, but this could cause sharp swings in the share price around the company's quarterly earnings reports.
Moreover, the stock is expensive after a massive run over the past year. Its market cap is currently $18 billion, which is high relative to the company's expected revenue of $91 million this year.
Despite these risks, IonQ is positioning itself as the leader in this emerging industry. Through internal investment and strategic acquisitions, it aims to offer quantum computing solutions at lower costs and with lower power requirements than competitors.
IonQ is an exciting business with tremendous long-term potential. But investors shouldn't expect the stock to keep moving up in a straight line. Quantum computing is an early-stage technology with a lot of unknowns on how businesses will use it and how large the market will be in the next decade.
2. Iren Limited: Estimated revenue growth of 126% in 2026
More investors are becoming aware of an urgent need for additional data center capacity to enable continued growth in the artificial intelligence (AI) market. Iren Limited (NASDAQ: IREN), which stands for Iris Energy, is a leading Bitcoin miner and data center builder. At the time of writing, its stock has rocketed 505% year to date.
The Wall Street consensus has Iren's revenue growing 130% in 2025 before surging another 126% in 2026. This growth would increase its revenue from $497 million over the last four quarters to nearly $2.5 billion by the end of next year. Iren is transitioning from its focus on Bitcoin mining, which generates over $1 billion in annualized revenue, to offering its data centers for high-performance computing and AI.
If you have wondered why AI models like OpenAI's ChatGPT can sometimes take a while to respond to a prompt, it's because they are short on compute. There is more demand than available capacity. This is why OpenAI has announced multibillion-dollar deals with chip suppliers and cloud infrastructure companies recently. Even Microsoft is struggling with limited capacity right now. It just signed a deal worth up to $19 billion with data center operator Nebius Group.
Iren will get its share of deals. It is operating as a vertically integrated supplier of AI infrastructure. It has the land, facilities, 2.9 gigawatts of contracted power, and Nvidia chips. Iren could bring competition to CoreWeave, an AI hyperscaler with a $68 billion market cap. The disadvantage for CoreWeave is that it doesn't own and operate any data centers, but instead leases capacity from other companies.
Iren has the assets to become a hyperscaler itself, which is not reflected in the stock's valuation. Its market cap is $17 billion, but it should be worth as much as CoreWeave, if not more. For what it's worth, Cantor Fitzgerald recently raised its price target to $100 and reiterated an overweight (buy) rating on the shares.
Should you invest $1,000 in IonQ right now?
Before you buy stock in IonQ, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and IonQ wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $669,449!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,110,486!*
Now, it’s worth noting Stock Advisor’s total average return is 1,076% — a market-crushing outperformance compared to 191% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of October 20, 2025
John Ballard has positions in Bitcoin, IonQ, Iren, and Nvidia. The Motley Fool has positions in and recommends Bitcoin, International Business Machines, Microsoft, and Nvidia. The Motley Fool recommends Nebius Group and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

2 of the Fastest-Growing Stocks on the Planet in 2026

IREN Limited IREN shares are overvalued, as suggested by the Value Score of F. In terms of forward price/book, IREN Limited is trading at 8.26X compared with the Zacks Financial Miscellaneous Services industry’s 3.53X and the Zacks Finance sector’s 4.25X. IREN shares are trading at a higher multiple compared with CleanSpark’s CLSK 2.46X and Riot Platforms’ RIOT 2.32X.
IREN Stock’s Valuation
Image Source: Zacks Investment Research
IREN has been benefiting from growing revenues, which jumped 29.4% sequentially to $187.3 million in the fourth quarter of fiscal 2025. The company mined 1,825 bitcoins in the fourth quarter of fiscal 2025, and the average revenue per bitcoin mined was $98.8. Bitcoin revenues were $180.3 million, up 27.7% sequentially. IREN’s best-in-class fleet efficiency at 15 joules per terahash and low net power costs of 3.5 cents per kilowatt hour in the fiscal fourth quarter benefited the bitcoin business.
AI Cloud revenues are accelerating, which bodes well for IREN Limited. In the fourth quarter of fiscal 2025, AI Cloud services revenues were $7 million compared with $3.6 million in the previous quarter. IREN’s AI cloud business is expanding rapidly, with more than 10,000 GPUs online or set to be commissioned in the coming months. The upcoming GPUs include next-generation liquid-cooled GB300 NVL72 systems from NVIDIA NVDA at the Prince George campus. Meanwhile, IREN has achieved NVIDIA Preferred Partner status.
These factors have helped IREN Limited shares jump 462.1% year to date, outperforming the sector’s return of 13.2% and the Zacks Financial Miscellaneous Services industry’s appreciation of 2.6%. IREN Limited has outperformed peers, including Riot Platforms and CleanSpark. Shares of Riot Platforms and CleanSpark have returned 102.5% and 103.8%, respectively.
IREN Stock’s YTD Performance
Image Source: Zacks Investment Research
Technically, IREN is trading above the 50-day and 200-day SMAs, suggesting a bullish trend.
IREN Trades Above 50-Day and 200-Day SMAs
Image Source: Zacks Investment Research
So, what should investors do with IREN stock? Let’s dig deep into its fundamentals to gain some insight.
IREN’s Prospects Ride on Growing Bitcoin Revenues
IREN Limited is one of the world’s largest and lowest-cost bitcoin miners. It achieved its 50 EH/s installed hashrate target in June. 50 EH/s generates roughly $830 million annualized hardware profit.
IREN is on track to achieve $1.25 billion in annualized revenues, with roughly $1 billion coming from bitcoin mining, and $200-$250 million from AI Cloud (by December 2025). IREN expects to scale from 1.9k to 10.9k GPUs in the coming months. This includes 1.9k air-cooled H100 and H200s, 7.8k air-cooled B200 and B300s, and 1.2k liquid-cooled GB300s.
IREN has been on track to install more than 60k NVIDIA Blackwell GPUs at British Columbia sites and recognizes the potential of 19k GB300s at Horizon 1. IREN continues its transition in British Columbia (160 MW) from bitcoin mining to AI, including a new liquid-cooled data center for GB300 NVL72 installations at Prince George.
IREN now expects to achieve $500 million in AI Cloud annualized run-rate revenue (ARR) by the first quarter of fiscal 2026. On Oct. 7, IREN inked an additional multi-year cloud services contract with leading AI companies for NVIDIA Blackwell GPU deployments.
Strong Liquidity Boosts IREN’s Growth Trajectory
IREN had $564.5 million in cash and cash equivalents as of June 30, 2025. The company, through a combination of existing cash, cash flows from operations and GPU finance, expects to fully fund expansion to 10.9k GPUs, complete Horizon 1 and energize Sweetwater 1 substations.
The company has secured two tranches of financing, which have funded 100% of the purchase price ($200 million) of new GPUs at the single-digit rates with a favorable 24-36-month term.
IREN closed its $1 billion convertible notes offering last week with net proceeds of $979 million.
IREN’s Earnings Estimate Revision Shows Downward Trend
The Zacks Consensus Estimate for first-quarter fiscal 2026 earnings is currently pegged at 17 cents, down by a penny over the past 30 days. The consensus mark for revenues is pegged at $236.7 million compared with the year-ago quarter figure of $54.4 million.
IREN Limited Price and Consensus
The Zacks Consensus Estimate for fiscal 2026 earnings is currently pegged at 70 cents per share, down 35.2% over the past 30 days. The consensus mark for revenues is pegged at $1.13 billion, suggesting a jump of 122.3% from fiscal 2024’s reported figure.
Here’s Why IREN Stock is Best to Avoid
Despite strong prospects from low-cost bitcoin mining and expanding AI Cloud footprint, modest earnings growth and stretched valuation are risky for investors. A challenging macroeconomic environment with uncertainties related to tariffs doesn’t bode well for investors.
IREN Limited currently has a Zacks Rank #4 (Sell), which implies investors should avoid the stock for the time being.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.
See "2nd Wave" AI stocks now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

IREN's 8.26X P/B Suggests Stretched Valuation: Hold or Fold the Stock?

IREN Factor-Based Stock Analysis

Key Points
Procuring GPUs from Nvidia and Advanced Micro Devices has proven to be a daunting, and expensive, project for AI developers.
Companies such as Nebius Group allow enterprises to rent access to GPU clusters through the cloud.
Iren is a smaller operation looking to disrupt the AI infrastructure-as-a-service model.
The artificial intelligence (AI) boom exposed a critical bottleneck: The world is running short on both power and compute capacity needed to train the next generation of AI models.
This constraint has given rise to a new class of infrastructure known as the neocloud -- independent, AI-focused providers capable of deploying graphics processing unit (GPU) clusters faster and more flexibly than traditional hyperscalers. So far, Nebius Group (NASDAQ: NBIS) and CoreWeave emerged as the early leaders.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
But another contender, Iren (NASDAQ: IREN), is quietly building a network that could potentially elevate it into the same league.
What Iren is -- and why it matters
Iren is an infrastructure company developing data centers purpose-built for high-performance computing and AI workloads. Its business model is simple yet powerful: Secure renewable energy at scale, construct campuses optimized for GPUs, and rent that compute capacity to companies deploying AI models.
Unlike legacy cloud platforms that run on rigid, general-purpose architectures, Iren's facilities are engineered specifically for AI density. Each site integrates advanced liquid cooling systems, ultra-fast networking, and direct access to sustainable power -- the core ingredients needed to run energy-intensive AI workloads efficiently.
The company's ambition is clear: to become an alternative provider for organizations seeking private, secure, and high-performance compute clusters without relying on Amazon Web Services (AWS), Microsoft Azure, or Google Cloud Platform (GCP). Rather than competing with hyperscalers on software, Iren aims to outperform them on infrastructure speed, operational flexibility, and cost.
Can Iren win enterprise-scale deals?
The neocloud market is already dominated by a few high-profile players.
Nebius recently signed a massive $17 billion contract with Microsoft, while CoreWeave has become deeply embedded with AI's flagship company, OpenAI. Even Oracle entered the race, securing a $300 billion deal with OpenAI for its cloud services.
These companies thrived by mastering a critical trifecta: reliable power, guaranteed GPU supply, and rapid hardware deployment. This intersection is precisely where Iren's potential advantage could emerge. If hyperscalers continue to face compute supply bottlenecks, Iren could position itself as an attractive alternative platform like its cohorts have done.
Still, there are limits. CoreWeave, for instance, built a full orchestration stack that spans both software and hardware. Iren, by contrast, remains focused primarily on the physical layer -- power, cooling, and rack space. That makes it more of a landlord than a turnkey cloud provider.
To win large-scale enterprise contracts, Iren will likely need to form strategic partnerships or allow broader software integrations that make its infrastructure easier to deploy and manage at scale.
Hidden gem, meme stock, or something in between?
Calling Iren the "next Nebius" would be premature -- but dismissing it as a speculative meme stock would be equally shortsighted.
The company occupies a unique middle ground between a pure-play AI infrastructure developer and an emerging cloud provider. It owns tangible assets -- land, power, and equipment -- in a market where physical capacity has suddenly become worth its weight in gold.
If Iren can execute on its expansion plans, secure a handful of long-term GPU hosting contracts, and demonstrate consistent performance for enterprise clients, its valuation could rerate meaningfully higher over the next few years. Investors have already shown a willingness to assign premium multiples to companies capable of supplying reliable compute at scale.
That said, execution risk remains real. Building and operating next-generation data centers is enormously capital-intensive, and any setbacks in hardware delivery or energy permitting could derail progress.
Against this backdrop, investors should view Iren not as a guaranteed "next Nebius," but as an early-stage infrastructure contender quietly assembling the right ingredients to become one. In a world where compute is the new oil, Iren's ability to scale power and GPU infrastructure could make it one of the quiet beneficiaries of the AI gold rush.
Should you invest $1,000 in Iren right now?
Before you buy stock in Iren, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Iren wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $667,945!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,119,558!*
Now, it’s worth noting Stock Advisor’s total average return is 1,073% — a market-crushing outperformance compared to 191% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of October 20, 2025
Adam Spatacco has positions in Amazon and Microsoft. The Motley Fool has positions in and recommends Amazon, Microsoft, and Oracle. The Motley Fool recommends Nebius Group and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Indicator	TTM Median
P/E	0.00 28.98
Price/Sales	6.70 2.58
P/B	2.53 2.76
P/FCF	11.71 24.31

Indicator	TTM Median
ROE	-46.24 15.33
ROA	-40.51 6.66
ROI	-46.13 9.73
Net Worth	1.39 0.98
Quick Ratio	0.00 1.53
Current Ratio	7.48 1.84

Indicator	TTM Median
Net Profit Margin	-112.60 9.71
Operating Margin	-14.96 11.07
Gross Margin	100.00 50.00
Return on tangible equity	-46.24 27.59

Indicator	TTM Median
EPS	0.22 0.24
EPS Forecast	0.11 0.19
Revenue	54.00M 73.00M
Gross Profit	54.00M —
EBITDA	6.00M —

IREN Limited

TTM metrics for the latest quarter under IFRS and their historical dynamics

Valuation

Debts

Efficiency

Other ratios

Revenue