SkyView Investment Advisors LLC Invests $823,000 in IREN Limited $IREN

SkyView Investment Advisors LLC bought a new stake in IREN Limited (NASDAQ:IREN) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 18,000 shares of the company’s stock, valued at approximately $823,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IREN. GAMMA Investing LLC boosted its stake in IREN by 177.5% during the second quarter. GAMMA Investing LLC now owns 691 shares of the company’s stock valued at $32,000 after buying an additional 442 shares during the period. Clearstead Trust LLC bought a new position in IREN in the 4th quarter worth about $27,000. Motco bought a new position in IREN in the 4th quarter worth about $30,000. Purpose Unlimited Inc. purchased a new stake in shares of IREN in the 4th quarter valued at about $34,000. Finally, Harbor Investment Advisory LLC raised its holdings in shares of IREN by 521.0% in the 2nd quarter. Harbor Investment Advisory LLC now owns 1,037 shares of the company’s stock valued at $47,000 after acquiring an additional 870 shares in the last quarter. 41.08% of the stock is owned by institutional investors.

IREN Trading Down 1.5%

Shares of IREN stock opened at $43.17 on Tuesday. The business has a 50-day moving average price of $40.28 and a two-hundred day moving average price of $45.54. IREN Limited has a 12-month low of $28.93 and a 12-month high of $76.87. The company has a quick ratio of 3.55, a current ratio of 3.55 and a debt-to-equity ratio of 1.80. The firm has a market cap of $17.01 billion, a P/E ratio of -18.45 and a beta of 4.28.

IREN News Summary

Here are the key news stories impacting IREN this week:

• Positive Sentiment: JPMorgan upgraded IREN from Underweight to Overweight and raised its price target from $46 to $65, implying roughly 48%–51% potential upside. The bank cited momentum from IREN’s AI-cloud strategy and Nvidia-related infrastructure opportunity. JPMorgan sees 48% upside for IREN after Nvidia AI cloud deal
• Positive Sentiment: BTIG maintained a Buy rating and highlighted IREN’s potentially valuable portfolio of approximately 5 gigawatts of power capacity. Access to power is a key competitive advantage as AI data-center demand expands. IREN Stock Falls Even as BTIG Says Buy
• Positive Sentiment: IREN’s co-CEO said AI-compute demand may remain unsatisfied for years, while the company could invest as much as $30 billion by mid-2027. That outlook supports the long-term growth case, although it also increases execution and financing requirements. AI Leaders Say Slow Down
• Neutral Sentiment: IREN shares have been volatile, recovering from an early decline as investors weighed the bullish analyst upgrades against concerns about the broader AI infrastructure trade. IREN Stock Is Volatile Monday
• Negative Sentiment: Neocloud stocks including IREN, CoreWeave and Nebius sold off amid AI-safety concerns and questions about whether major AI companies may moderate spending or adopt a slower development pace. Why Neocloud Stocks Are Falling
• Negative Sentiment: Weakness across technology shares added to selling pressure, offsetting the positive impact of JPMorgan’s upgrade and reinforcing concerns about the valuation and capital intensity of AI infrastructure companies. IREN Shares Fall as Technology Stocks Decline

Analysts Set New Price Targets

IREN has been the subject of several recent analyst reports. Weiss Ratings lowered IREN from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, August 31st. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $100.00 target price on shares of IREN in a research note on Thursday, August 13th. Morgan Stanley lowered shares of IREN to a “buy” rating in a research report on Wednesday, September 2nd. Needham & Company LLC reissued a “hold” rating on shares of IREN in a research note on Tuesday, July 21st. Finally, Jefferies Financial Group initiated coverage on shares of IREN in a report on Thursday, June 18th. They issued a “buy” rating and a $79.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $82.93.

IREN Company Profile

IREN Limited, formerly known as Iris Energy Limited, is a data center infrastructure company focused on high-performance computing. The company develops and operates data centers powered by renewable energy and uses this infrastructure primarily for Bitcoin mining and, increasingly, artificial intelligence and other GPU-intensive cloud-computing applications.

IREN designs, builds and operates its own data centers, providing access to electrical power, computing hardware and related infrastructure.