IREN Stock Price, News, and Analysis
By Markets & Investing DeskUpdated Nov 10, 2026
Stock · IREN
IREN Limited
Nov 13, 2026 · 21:00 UTC · Yahoo Finance
- Prev. close
- 19.48
- Day range
- 17.39 – 19.11
- 52-week range
- 17.16 – 70.71
- Volume
- 69.21M
- Exchange
- NMS
- 1D−6.72%
- 5D−16.04%
- 1M−40.21%
- 6M−65.68%
- YTD−51.89%
- 1Y−60.82%
Key takeaways
- The IREN quote compares the last traded price in US dollars with the previous regular session's close.
- Period returns from 1D to 1Y exclude dividends and show nothing about volatility within each window.
- IREN rents bare-metal capacity to hyperscalers and has a reported $9.7 billion agreement with Microsoft.
- About 11.9 million shares from the Mirantis deal were registered for resale, and IREN gets no proceeds from those sales.
IREN stock is the Nasdaq-listed equity of IREN Limited, a company that began as a Bitcoin miner and is now building AI computing infrastructure on the same land, power and data-center base. The IREN share price therefore responds to two very different businesses.
Reading the IREN quote
The headline figure is the last traded price in US dollars, with the change measured against the previous close, the final price of the prior regular session. The timestamp and source beside the price show when that reading was taken. A price shown after the close or before the open reflects the last session, not live trading.
- Day range: the lowest and highest prices traded during the current or most recent session.
- 52-week range: the low and high over the past year. For IREN this band has been wide, which tells you how far the stock has traveled, not where it is heading.
- Volume: the number of shares that changed hands in the session. It is a count of shares, not dollars.
- Exchange (NMS): the code for the Nasdaq Global Select Market, where IREN trades under the ticker IREN.
- Period returns (1D to 1Y): the percentage change from the price at the start of each window to the latest price. These figures exclude dividends and say nothing about volatility inside the period.
What IREN does
The company, formerly known as Iris Energy, describes its business as a vertically integrated AI platform built in three layers:
- Infrastructure: land, grid power connections and data centers.
- Compute hardware: GPUs, servers and networking equipment.
- Software: tools to deploy, orchestrate, monitor and support AI workloads, added through the acquisition of Mirantis.
With these layers, IREN can rent bare-metal capacity to hyperscalers and sell fully managed cloud services to enterprises and AI developers. It has signed a reported $9.7 billion agreement with Microsoft, which places it closer to AI cloud providers such as CoreWeave than to a pure mining company, although Bitcoin mining remains part of its operations.
What moves IREN stock
- Bitcoin: mining revenue rises and falls with the Bitcoin price and network economics, and mined coins can be sold to fund operations.
- AI compute demand and contracts: new or lost customer agreements change expectations for future revenue from capacity that is often still under construction.
- Funding and dilution: building data centers and buying GPUs takes heavy spending. Raising money through debt, new shares or stock-funded acquisitions affects leverage and the claim each existing share has on the business.
- Power and execution: energy costs and the speed of bringing sites online determine margins.
- Market risk appetite: as a high-growth, capital-intensive name, IREN tends to react to broader sentiment, which the S&P 500 helps gauge.
Practical caveats
Share supply matters as well as demand. IREN paid for Mirantis largely in stock and later registered about 11.9 million of those shares for resale by the former Mirantis holders. Registration allows sales but does not mean any holder intends to sell, and IREN receives no proceeds from such sales. Large blocks that become freely tradable can still weigh on the price if a meaningful portion reaches the market.
