News Digest / Ticker: IREN

Ticker: IREN

10:13am, Monday, May 11, 2026

IREN Shares Drop Sharply Following $2 Billion Convertible Note Announcement and Earnings Miss

IREN Ltd's stock plunges over 12% due to a large convertible senior notes offering, disappointing Q3 revenue, and cautious analyst stance, despite ongoing growth projects and bullish forecasts.

09:13am, Friday, Sep 26, 2025

Iris Energy (IREN) Slashed to $24 by JPMorgan - 48% Downside, Shares Drop ~7% Pre-Market

Iris Energy (NASDAQ: IREN) fell ~7% pre-market after JPMorgan cut to Underweight with a $24 PT (48% below $46.29), saying the stock already prices in an unlikely >1GW colocation (potential >$10B capex).

07:57am, Thursday, Mar 13, 2025

JPMorgan Boosts Iren's Stock Rating: Is a 70% Surge on the Horizon for Bitcoin Miners?

Iren (NASDAQ: IREN) received a bullish upgrade from JPMorgan, with expectations for a 70% rally despite a recent 28.3% decline. Analysts are optimistic, noting its status as the lowest-cost bitcoin miner, with a potential upside of 221%.