Y Intercept Hong Kong Ltd Decreases Stock Holdings in IREN Limited $IREN

Y Intercept Hong Kong Ltd lowered its holdings in shares of IREN Limited (NASDAQ:IREN) by 70.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 140,794 shares of the company’s stock after selling 331,176 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in IREN were worth $6,607,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Global Retirement Partners LLC bought a new position in shares of IREN in the 3rd quarter valued at about $25,000. Advisors Asset Management Inc. lifted its stake in shares of IREN by 68.4% in the 2nd quarter. Advisors Asset Management Inc. now owns 4,528 shares of the company’s stock valued at $66,000 after purchasing an additional 1,839 shares during the last quarter. Vermillion Wealth Management Inc. purchased a new position in shares of IREN in the 3rd quarter worth approximately $74,000. SLT Holdings LLC bought a new position in shares of IREN during the 2nd quarter valued at approximately $146,000. Finally, Foundations Investment Advisors LLC purchased a new stake in IREN during the 2nd quarter valued at $146,000. 41.08% of the stock is currently owned by institutional investors.

IREN Stock Performance

Shares of IREN stock opened at $56.68 on Friday. The firm has a market cap of $16.07 billion, a price-to-earnings ratio of 29.22 and a beta of 4.25. IREN Limited has a 52-week low of $5.13 and a 52-week high of $76.87. The company has a quick ratio of 5.52, a current ratio of 5.52 and a debt-to-equity ratio of 0.34. The company’s 50 day moving average is $45.40 and its 200 day moving average is $40.15.

IREN (NASDAQ:IREN) last announced its earnings results on Thursday, November 6th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.48). The company had revenue of $240.30 million for the quarter, compared to the consensus estimate of $244.60 million. IREN had a net margin of 86.96% and a negative return on equity of 3.60%. The firm’s revenue was up 28.3% on a year-over-year basis. On average, sell-side analysts anticipate that IREN Limited will post 0.43 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on IREN shares. B. Riley reaffirmed a “buy” rating on shares of IREN in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. upped their target price on IREN from $28.00 to $39.00 and gave the company an “underweight” rating in a research note on Monday, November 24th. Compass Point reaffirmed a “buy” rating and issued a $105.00 price objective on shares of IREN in a research report on Friday, November 7th. Zacks Research upgraded IREN from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 16th. Finally, JMP Securities set a $80.00 price target on shares of IREN in a report on Wednesday, November 19th. Thirteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, IREN currently has an average rating of “Moderate Buy” and an average target price of $69.36.

IREN News Roundup

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Technical momentum is building after a pullback—analysts note IREN is forming a bullish continuation pattern, holding key moving averages with improving momentum and Fibonacci targets that point toward further upside beyond prior highs. This narrative supports momentum-driven buying. IREN Price Forecast: Bullish Momentum Builds After Pullback
• Positive Sentiment: Strategic pivot toward Microsoft’s AI cloud is being discussed as reshaping the investment case for IREN—if partnerships or product integrations with Microsoft accelerate revenue growth or improve margins, that could materially raise investor expectations and valuation multiples. Market reactions suggest investors are pricing in potential upside from this shift. Is IREN’s Microsoft AI Cloud Pivot Reshaping The Investment Case For IREN (IREN)?
• Neutral Sentiment: Company announced its Q2 FY26 results release and conference call for Feb 5—this is a near-term catalyst that can reinforce the recent move (beat) or trigger a reset (miss). Investors should mark the date and listen for guidance, revenue mix and margin details. IREN to Release Q2 FY26 Results on February 5, 2026
• Negative Sentiment: After a strong run, the stock is pausing as investors take profits—coverage notes a short-term consolidation (“pause for breath”), which could increase volatility and lead to pullbacks if buying dries up or if upcoming results disappoint. IREN Shares Pause for Breath Following Meteoric Rise

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.