IREN

IREN Limited

There isn't enough reported data to score IREN yet.

KRNY

Kearny Financial Corp.

61
Fundamentals61/ 100
Valuation51/ 100
Upside potential55/ 100
Risk potential14/ 100

KRNY's fundamentals are mixed: its operating margin rose 4 points to 27%, while earnings per share grew 23%. At 16x earnings, it's trading right at its usual valuation. Analysts expect strong earnings growth.

IREN Fundamentals

MetricStatus
Under pressure
Weak
N/A
N/A

IREN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like IREN.

KRNY Fundamentals

MetricStatus
Stable
Strong
N/A
N/A

KRNY's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like KRNY.

IREN PE Valuation

IREN has no meaningful PE right now: it lost money over the past year.

KRNY PE Valuation

CHEAPFAIREXPENSIVE7.6x15x23x31x
CHEAPFAIREXPENSIVE7.6x15x23x31x
LevelPEPriceVs current
Forward11x$9.15—
Cheap12x$6.89-25%
Fair15x$8.97-1.9%
Current16x$9.15—
Expensive20x$11.37+24%

Historical ranges are pointers, not guarantees.

KRNY's PE is in its fair range at 16x. If earnings grow as analysts expect, today's price would be 11x next year's earnings, in its cheap range.

IREN Forward outlook

MetricOutlook
--
Losses growing
Strong growth
Strongly improving
Limited
Low

Analysts expect IREN's losses to grow, with revenue growing. However, they disagree widely on these estimates.

KRNY Forward outlook

MetricOutlook
Strongly improving
Strong growth
Growth
Strongly improving
Limited
High

KRNY has the edge over IREN on the outlook, with more favorable earnings expectations.

IREN Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $19.48 on Nov 12.

There is not enough scenario data to compare IREN and KRNY's risk to reward.

KRNY Risk to reward

ScenarioChangePrice
Upside+17%$10.75
Downside-14%$7.83

Calculated from the latest close: $9.15 on Nov 12.

There is not enough scenario data to compare IREN and KRNY's risk to reward.

IREN Earnings Per Share

Q4 2023: $-0.29Q1 2024: $-0.16Q2 2024: $-0.20Q3 2024: $-0.39Q4 2024: $-0.44Q1 2025: $-0.59Q2 2025: $0.25Q3 2025: $1.60Q4 2025: $1.18Q1 2026: $0.51Q2 2026: $-2.22Q3 2026: $-3.96
Q4 2023: $-0.29Q1 2024: $-0.16Q2 2024: $-0.20Q3 2024: $-0.39Q4 2024: $-0.44Q1 2025: $-0.59Q2 2025: $0.25Q3 2025: $1.60Q4 2025: $1.18Q1 2026: $0.51Q2 2026: $-2.22Q3 2026: $-3.96
QuarterTTM EPSYoY
Q3 2026-$3.96-347%
Q2 2026-$2.22-988%
Q1 2026$0.51+$1.10
Q4 2025$1.18+$1.62
Q3 2025$1.60+$1.99
Q2 2025$0.25+$0.45
Q1 2025-$0.59-$0.43
Q4 2024-$0.44-$0.15

IREN has swung to a loss: it lost $3.96 per share over the past year, after a profit the year before.

KRNY Earnings Per Share

Q4 2023: $0.29Q1 2024: $0.25Q2 2024: $-1.39Q3 2024: $-1.45Q4 2024: $-1.13Q1 2025: $-1.14Q2 2025: $0.42Q3 2025: $0.47Q4 2025: $0.52Q1 2026: $0.57Q2 2026: $0.57Q3 2026: $0.58Forward: $0.82
Q4 2023: $0.29Q1 2024: $0.25Q2 2024: $-1.39Q3 2024: $-1.45Q4 2024: $-1.13Q1 2025: $-1.14Q2 2025: $0.42Q3 2025: $0.47Q4 2025: $0.52Q1 2026: $0.57Q2 2026: $0.57Q3 2026: $0.58Forward: $0.82
QuarterTTM EPSYoY
Forward$0.82+41%
Q3 2026$0.58+23%
Q2 2026$0.57+36%
Q1 2026$0.57+$1.71
Q4 2025$0.52+$1.65
Q3 2025$0.47+$1.92
Q2 2025$0.42+$1.81
Q1 2025-$1.14-556%
Q4 2024-$1.13-490%

KRNY has the edge over IREN on earnings quality, reporting a profit while its opponent remains loss making.

IREN Quarterly Revenue

Q4 2023: $42MQ1 2024: $54MQ2 2024: $57MQ3 2024: $53MQ4 2024: $116MQ1 2025: $145MQ2 2025: $187MQ3 2025: $240MQ4 2025: $185MQ1 2026: $145MQ2 2026: $137MQ3 2026: $228M
Q4 2023: $42MQ1 2024: $54MQ2 2024: $57MQ3 2024: $53MQ4 2024: $116MQ1 2025: $145MQ2 2025: $187MQ3 2025: $240MQ4 2025: $185MQ1 2026: $145MQ2 2026: $137MQ3 2026: $228M
QuarterRevenueYoY
Q3 2026$228M-5.1%
Q2 2026$137.2M-27%
Q1 2026$144.8M0%
Q4 2025$184.7M+59%
Q3 2025$240.3M+355%
Q2 2025$187.3M+230%
Q1 2025$144.8M+168%
Q4 2024$116.1M+176%

IREN's revenue has held roughly level: $228M last quarter, down 5.1% from the same quarter a year ago.

KRNY Quarterly Revenue

Q4 2023: $20MQ1 2024: $39MQ2 2024: $39MQ3 2024: $37MQ4 2024: $37MQ1 2025: $39MQ2 2025: $41MQ3 2025: $44MQ4 2025: $44MQ1 2026: $45MQ2 2026: $46MQ3 2026: $45M
Q4 2023: $20MQ1 2024: $39MQ2 2024: $39MQ3 2024: $37MQ4 2024: $37MQ1 2025: $39MQ2 2025: $41MQ3 2025: $44MQ4 2025: $44MQ1 2026: $45MQ2 2026: $46MQ3 2026: $45M
QuarterRevenueYoY
Q3 2026$45.3M+4%
Q2 2026$45.7M+12%
Q1 2026$45.3M+17%
Q4 2025$43.5M+16%
Q3 2025$43.6M+17%
Q2 2025$40.8M+4.5%
Q1 2025$38.6M+0.2%
Q4 2024$37.5M+89%

KRNY's revenue has grown year over year for eight quarters in a row: $45M last quarter, up 4% from the same quarter a year ago.

IREN Free Cash Flow

Q4 2023: −$29MQ1 2024: −$222MQ2 2024: −$163MQ3 2024: −$387MQ4 2024: −$134MQ1 2025: −$351MQ2 2025: $16MQ3 2025: −$38MQ4 2025: −$468MQ1 2026: −$874MQ2 2026: $482MQ3 2026: −$1.6B
Q4 2023: −$29MQ1 2024: −$222MQ2 2024: −$163MQ3 2024: −$387MQ4 2024: −$134MQ1 2025: −$351MQ2 2025: $16MQ3 2025: −$38MQ4 2025: −$468MQ1 2026: −$874MQ2 2026: $482MQ3 2026: −$1.6B
QuarterFree cash flowYoY
Q3 2026-$1.6B-$1.6B
Q2 2026$482.2M+2895%
Q1 2026-$873.8M-$523.1M
Q4 2025-$468M-$334M
Q3 2025-$38M+$349.4M
Q2 2025$16.1M+$179M
Q1 2025-$350.7M-$128.7M
Q4 2024-$134M-$105.2M

KRNY has the stronger cash trend. Its trailing FCF is down 37% versus its history, compared with IREN at down 479%.

KRNY Free Cash Flow

Q4 2023: $7MQ1 2024: $18MQ2 2024: --Q3 2024: $3MQ4 2024: −$3MQ1 2025: $17MQ2 2025: --Q3 2025: $2MQ4 2025: $14MQ1 2026: $8MQ2 2026: --Q3 2026: $9M
Q4 2023: $7MQ1 2024: $18MQ2 2024: --Q3 2024: $3MQ4 2024: −$3MQ1 2025: $17MQ2 2025: --Q3 2025: $2MQ4 2025: $14MQ1 2026: $8MQ2 2026: --Q3 2026: $9M
QuarterFree cash flowYoY
Q3 2026$9.3M+520%
Q1 2026$7.9M-53%
Q4 2025$14.3M+$17M
Q3 2025$1.5M-41%
Q1 2025$16.8M-4.4%
Q4 2024-$2.7M-139%
Q3 2024$2.5M-79%
Q1 2024$17.6M-17%

KRNY's free cash flow was $33M over the past year, down 3.4% from the year before. Free cash flow isn't a meaningful measure for financial services companies like KRNY.

IREN Total Shares

Q4 2023: 73MQ1 2024: 112MQ2 2024: 186MQ3 2024: 189MQ4 2024: 210MQ1 2025: 219MQ2 2025: 257MQ3 2025: 362MQ4 2025: 298MQ1 2026: 334MQ2 2026: 316MQ3 2026: 399M
Q4 2023: 73MQ1 2024: 112MQ2 2024: 186MQ3 2024: 189MQ4 2024: 210MQ1 2025: 219MQ2 2025: 257MQ3 2025: 362MQ4 2025: 298MQ1 2026: 334MQ2 2026: 316MQ3 2026: 399M
PeriodChange %Net change
Quarterly+26%+82.4M shares
1 year+10%+36.9M shares
3 years+511%+333M shares
5 years+624%+344M shares
Available history+2346%+382M shares

IREN has 399M diluted shares, up 10% from a year ago.

KRNY Total Shares

Q4 2023: 62MQ1 2024: 62MQ2 2024: 62MQ3 2024: 62MQ4 2024: 63MQ1 2025: 63MQ2 2025: 63MQ3 2025: 63MQ4 2025: 63MQ1 2026: 63MQ2 2026: 63MQ3 2026: 64M
Q4 2023: 62MQ1 2024: 62MQ2 2024: 62MQ3 2024: 62MQ4 2024: 63MQ1 2025: 63MQ2 2025: 63MQ3 2025: 63MQ4 2025: 63MQ1 2026: 63MQ2 2026: 63MQ3 2026: 64M
PeriodChange %Net change
Quarterly+0.5%+343K shares
1 year+1%+612K shares
3 years+0.8%+502K shares
5 years-15%-11M shares
Available history-23%-19.3M shares

KRNY has the edge over IREN on shareholder dilution, with a more favorable share count trend.

IREN Net Leverage

Q4 2023: -11.0xQ1 2024: -10.6xQ2 2024: -15.9xQ3 2024: -16.7xQ4 2024: -4.6xQ1 2025: 3.3xQ2 2025: 2.0xQ3 2025: 4.1xQ4 2025: 22.2xQ1 2026: 157.6x
Q4 2023: -11.0xQ1 2024: -10.6xQ2 2024: -15.9xQ3 2024: -16.7xQ4 2024: -4.6xQ1 2025: 3.3xQ2 2025: 2.0xQ3 2025: 4.1xQ4 2025: 22.2xQ1 2026: 157.6x
QuarterNet LeverageStatus
Q1 2026157.6xHigh
Q4 202522.2xHigh
Q3 20254.1xHigh
Q2 20252.0xModerate
Q1 20253.3xElevated
Q4 2024-4.6xNet Cash
Q3 2024-16.7xNet Cash
Q2 2024-15.9xNet Cash

IREN's net debt is more than 20 years of its operating earnings (EBITDA), up from 3.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like IREN.

KRNY Net Leverage

Q4 2023: 85.3xQ1 2024: 44.6xQ2 2025: 26.2xQ3 2025: 21.6xQ4 2025: 14.7x
Q4 2023: 85.3xQ1 2024: 44.6xQ2 2025: 26.2xQ3 2025: 21.6xQ4 2025: 14.7x
QuarterNet LeverageStatus
Q4 202514.7xHigh
Q3 202521.6xHigh
Q2 202526.2xHigh
Q1 202444.6xHigh
Q4 202385.3xHigh
Q3 202360.8xHigh
Q2 202346.3xHigh
Q1 202343.6xHigh

KRNY has the edge over IREN on leverage, with a lower net debt burden relative to earnings.

IREN Weekly Momentum

MetricValueStatus
RSI33.3Neutral
Stochastic8.2Oversold

IREN's weekly RSI is 33 (neutral) and its Stochastic is 8 (oversold).

KRNY Weekly Momentum

MetricValueStatus
RSI52.2Neutral
Stochastic19.3Oversold

KRNY's weekly RSI is 52 (neutral) and its Stochastic is 19 (oversold).

IREN PE vs Financial Services Sector

MetricIRENSector medianRelative
PEN/A13x—

IREN has no meaningful PE right now: it lost money over the past year.

KRNY PE vs Financial Services Sector

MetricKRNYSector medianRelative
PE16x13x21% above
PE %55638 pts below

KRNY is trading at 16x earnings, a 21% premium to the Financial Services sector's median of 13x.

IREN Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$29.835% below
20 week MA$36.246% below
50 week MA$42.854% below
100 week MA$32.039% below
200 week MA$19.12.1% above

IREN has fallen below most of its moving averages, though it's still 2.1% above its 200-week average.

KRNY Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$9.160.1% below
20 week MA$9.433% below
50 week MA$8.527.4% above
100 week MA$7.5122% above
200 week MA$7.4323% above

KRNY has the edge over IREN on trend strength, trading above more of its moving averages.

IREN Yearly ROI

YearStart priceEnd priceROI
2021$24.8$17.2-31%
2022$17.2$1.19-93%
2023$1.19$7.15+501%
2024$7.15$10.7+50%
2025$10.7$40.3+276%
2026 YTD$40.3$19.5-52%

IREN's yearly returns have swung widely, from +501% in 2023 to −93% in 2022. It's down 52% so far in 2026.

KRNY Yearly ROI

YearStart priceEnd priceROI
2020$13.8$10.6-23%
2021$10.6$13.1+24%
2022$13.1$10.3-21%
2023$10.3$8.97-13%
2024$8.97$7.07-21%
2025$7.07$7.58+7.2%
2026 YTD$7.58$9.15+21%

KRNY has the edge over IREN on returns for 2026, with the stronger performance.

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