IREN

-12.0%🔴 Potential overreaction

IREN Limited Ordinary Shares · Financial Services

$30.64Vol 50.64M · 1.7× normalMkt cap −$1.64Blive · 2026-10-14 ET

What happened

Move

-12.0%

Price

$30.64

Volume

50.64M

1.7× normal

Market cap

$12.07B

−$1.64B today

Why it moved

Analyst upgradelow confidence

Stock Market Today, Oct. 13: IREN Holds Moderate Buy Rating as Analysts Eye AI Cloud Execution — finnhub-news

Weak signal: analyst upgrade, 10.5pp below its sector, on 1.7× normal volume.

Verdict — was the move justified?

🔴 Potential overreaction

A 3.3σ move well beyond the sector with no identified fundamental or news driver — the reaction appears larger than currently visible evidence justifies. Likely flow/positioning-driven.

How unusual is this move

σ score

3.3σ

vs own 20d volatility

Percentile

92th

of 1229 daily moves

Avg daily move

±5.5%

own 5y average

vs sector

-10.5%

beyond sector median

Today’s move is among the largest 8% of IREN’s daily moves over the last 5 years — while the sector moved -1.5% and the market -0.9%.

What happened after similar moves

123 similar down moves in IREN’s 5-year history:

After 5 days

+1.3%

51% higher

After 20 days

-5.2%

44% higher

Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.

Fundamental context

V 20G 25P 30H 55Q 40

Valuation context

P/E (TTM)

86.8

5y median 21.9

P/E percentile

78%

vs own 5y history

FCF yield

-0.1%

Trading richer than 78% of its own historical valuation range.

Full fundamental analysis on PreMarketPrice

Pillar scores, financial statements, valuation history, news & more for IREN

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