IREN NASDAQ Week ended 31 Jul 2026

Weekly Investor Report

IREN Ltd · Financial Services · Capital Markets

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Latest close 36.80 USD
-0.7% latest week
Weekly setup

Weak trend

The weekly trend is not active. Price is -20.9% below the Trend Line and sits at 34.7% of its 52-week range. The latest completed week returned -0.7%, after a -5.2% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks strongly; valuation is expensive relative to peers. Options positioning is volatility with 51/100 conviction, while the latest news-sentiment score is 58/100. Near-term considerations: earnings are due in 25d.

Setup score 24 out of 100
Latest Close 36.80 USD 31 Jul 2026
1W Return -0.7% latest completed week
4W Return -5.2% short-term follow-through
12W Return -39.9% quarterly tape
Trend Breadth 67.3% 35 of 52 weeks active
Volume Ratio 1.2x vs 13-week average
What is working
  • Price is above Fair Value, showing premium demand versus the model.
  • Activity pressure is constructive, supporting the smart-money activity read.
What could go wrong
  • The trend backdrop is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Activity pressure is negative, which weakens the current setup.
  • 2 reversal markers appear in the recent smart-money tape.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through -0.7% Latest completed week; four-week move -5.2%. Indicator stack 37/5 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. Options pressure Volatility 51/100 conviction; expected move 13.9%. News sentiment 58/100 27 relevant articles in the latest sentiment read. Event risk 25d Next report is scheduled for 27 Aug 2026; event risk rises as the date approaches.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is -20.9% below the Trend Line and sits at 34.7% of its 52-week range. The latest completed week returned -0.7%, after a -5.2% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 1.2x the 13-week average. Participation is around or above normal and provides reasonable confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.5812-week average 0.62

12-week confirmation

Trend active6/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure8/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership6/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.58Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers22 reversal markers

No recent accumulation markers. 2 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is -5.2% over four weeks, -39.9% over 12 weeks, and 139.0% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W-0.7%
4W-5.2%
12W-39.9%
26W-31.5%
52W139.0%
Active trend streak0 weeks
Active weeks in one year35
Trend breadth67.3%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-0.79Latest activity-pressure read.
Pressure change-388.0%Four-week change in activity pressure.
Leadership-24.10Latest relative-leadership reading.
RS change-16.4%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks strongly; valuation is expensive relative to peers.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Mar 2026 Field coverage 94% Model confidence 90%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength40/100Blend of value, momentum, and quality. Underlying universe rank 61; rank 1 is best.
Value5/100Relative valuation strength. Underlying universe rank 96; rank 1 is best.
Quality73/100Profitability and accounting quality. Underlying universe rank 28; rank 1 is best.
Momentum96/100Medium-term price momentum. Underlying universe rank 5; rank 1 is best.
Growth88/100Revenue and earnings growth. Underlying universe rank 13; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
172.2x
Price divided by trailing earnings.
Price / sales
17.5x
Market value relative to trailing revenue.
EV / EBITDA
31.5x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
19.2%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
53.6%
Gross profit retained from each unit of revenue.
Operating margin
14.2%
Operating profit retained from revenue.
Free-cash-flow margin
379.6%
Free cash flow generated from revenue.
Return on invested capital
1.8%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
104.3%
Latest one-year revenue growth.
EPS growth
-
Latest one-year earnings-per-share growth.
Free-cash-flow growth
94.9%
Latest one-year free-cash-flow growth.
Piotroski F-score
6/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
-
Cash dividends relative to market value.
Buyback yield
-21.8%
Net share repurchases relative to market value.
Shareholder yield
-21.8%
Dividend yield plus net buyback yield.
Net debt / EBITDA
3.7x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningVolatility

IREN shows volatility options pressure with a 51/100 conviction score, put-call volume ratio of 1.70, expected move of 13.9%, and Sharemaestro trend signal inactive.

Conviction51/100
Expected move13.9%
Put/call volume1.70
Pressure-26
Speculation43
Volatility96
Trend agreement80
Open options detail
Insider activity-

No recent insider transactions are stored for this company.

News sentiment58/100

Weighted news tone is neutral across 27 relevant articles.

10 positive · 17 neutral · 0 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings25dNext report is scheduled for 27 Aug 2026; event risk rises as the date approaches.
Options expected move13.9%Nearest-chain priced movement where available.
52-week drawdown-52.1%Distance below the 52-week high.
13-week volatility15.4%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher13 of 2613 weeks finished lower.
Best week+34.0%Week of 8 May.
Worst week-22.2%Week of 6 Feb.
Latest week-0.7%Week of 31 Jul.

Shape of recent returns

Strong gains10
Modest gains3
Flat weeks0
Modest losses3
Sharp losses10
Recent vol15.4%13-week weekly-return volatility.
Base vol13.5%52-week weekly-return volatility.
Up/down split30/22Count of positive and negative weeks in the 52-week window.
Average skew11.6% / -9.7%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape28/100

Trend, activity pressure, participation, and risk combine to a 28/100 tape read.

 Indicator analysis51/100

Latest 12-week confirmation: trend 6/12, activity pressure 8/12, relative leadership 6/12.

Activity pressure 0.58; 2 reversal markers Factors52/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 91; Small Cap Core rank 100 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Options58/100

IREN shows volatility options pressure with a 51/100 conviction score, put-call volume ratio of 1.70, expected move of 13.9%, and Sharemaestro trend signal inactive.

Volatility · Volatility expansion watch · Expected move 13.9% Sentiment58/100

Weighted news tone is neutral across 27 relevant articles.

Why IREN Ltd. (IREN) Stock Is Down Today Insiders50/100

No recent insider transaction evidence is stored.

 Earnings25d

Next report is scheduled for 27 Aug 2026; event risk rises as the date approaches.

 Research flow4 items

1 recent research articles and 3 Market Watch posts are available.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
31 Jul 202636.80 USD-0.7%46.52 USD20.31 USD-0.79-24.10291.9MOff
24 Jul 202637.07 USD10.3%46.72 USD20.11 USD-0.75-22.58262.6MOff
17 Jul 202633.62 USD-18.3%46.83 USD19.92 USD-0.55-30.47196.2MOff
10 Jul 202641.14 USD6.0%47.04 USD19.74 USD-0.11-18.09200.1MOff
3 Jul 202638.82 USD-17.8%47.00 USD19.53 USD0.27-20.70164.8MOn
26 Jun 202647.21 USD-21.3%47.20 USD19.32 USD0.67-2.08193.4MOn
19 Jun 202659.96 USD0.3%47.22 USD19.05 USD0.9920.17140.8MOn
12 Jun 202659.77 USD10.0%46.63 USD18.69 USD1.0825.17233.4MOn
5 Jun 202654.35 USD-14.5%46.18 USD18.33 USD1.1518.66278.8MOn
29 May 202663.54 USD11.8%46.45 USD18.01 USD1.2834.81224.6MOn
22 May 202656.83 USD7.3%46.36 USD17.62 USD0.8726.73210.8MOff
15 May 202652.94 USD-13.5%46.56 USD17.28 USD0.6121.79345.3MOff
8 May 202661.20 USD34.0%46.82 USD16.96 USD0.2442.96345.5MOff
1 May 202645.66 USD-9.8%46.77 USD16.60 USD-0.3315.16153.9MOff
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.