IREN Ltd's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 16 out of 72 in the Financial Technology (Fintech) & Infrastructure industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 78.98.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of IREN Ltd is 9.06, ranking 4 out of 72 in the Financial Technology (Fintech) & Infrastructure industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 184.69M, representing a year-over-year increase of 54.44%, while its net profit experienced a year-over-year increase of 923.22%.
Key Metrics
The current valuation score of IREN Ltd is 8.47, ranking 22 out of 72 in the Financial Technology (Fintech) & Infrastructure industry. Its current P/E ratio is 26.48, which is 612.24% below the recent high of 188.59 and 1000.38% above the recent low of -238.41.
The current earnings forecast score of IREN Ltd is 7.73, ranking 43 out of 72 in the Financial Technology (Fintech) & Infrastructure industry. The average price target is 77.50, with a high of 136.00 and a low of 24.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of IREN Ltd is 7.08, ranking 22 out of 72 in the Financial Technology (Fintech) & Infrastructure industry. Currently, the stock price is trading between the resistance level at 58.11 and the support level at 31.04, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of IREN Ltd is 5.00, ranking 21 out of 72 in the Financial Technology (Fintech) & Infrastructure industry. The latest institutional shareholding proportion is 55.08%, representing a quarter-over-quarter decrease of 7.79%. The largest institutional shareholder is Invesco, holding a total of 1.09M shares, representing 0.33% of shares outstanding, with 53.90% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Financial Technology (Fintech) & Infrastructure domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of IREN Ltd is 2.92, ranking 41 out of 72 in the Financial Technology (Fintech) & Infrastructure industry. The company's beta value is 4.32. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
