IREN

IREN Limited

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

MNSB

MainStreet Bancshares, Inc.

54
Fundamentals65/ 100
Valuation34/ 100
Upside potential61/ 100
Risk potential15/ 100

MNSB's fundamentals are strong, but it looks expensive: trading at 11x earnings, above its usual 9.1x. Analysts expect 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.

MNSB Fundamentals

MetricStatus
Stable
Strong
N/A
N/A

MNSB'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 MNSB.

IREN PE Valuation

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

MNSB PE Valuation

CHEAPFAIREXPENSIVE4.4x8.8x13x18x
CHEAPFAIREXPENSIVE4.4x8.8x13x18x
LevelPEPriceVs current
Cheap6.4x$12.45-42%
Fair9.1x$17.67-18%
Forward10x$21.45—
Current11x$21.45—
Expensive12x$22.58+5.3%

Historical ranges are pointers, not guarantees.

MNSB's PE is in its expensive range at 11x. If earnings grow as analysts expect, today's price would be 10x next year's earnings.

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.

MNSB Forward outlook

MetricOutlook
Improving
Growth
Growth
Stable
Limited
High

Analysts expect earnings and revenue growth for MNSB, with profitability holding steady.

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 MNSB's risk to reward.

MNSB Risk to reward

ScenarioChangePrice
Upside+24%$26.58
Downside-15%$18.13

Calculated from the latest close: $21.45 on Nov 12.

There is not enough scenario data to compare IREN and MNSB'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.

MNSB Earnings Per Share

Q4 2023: $3.25Q1 2024: $2.60Q2 2024: $2.02Q3 2024: $1.21Q4 2024: $-1.60Q1 2025: $-1.71Q2 2025: $-1.45Q3 2025: $-0.89Q4 2025: $1.76Q1 2026: $1.99Q2 2026: $2.04Q3 2026: $1.95Forward: $2.07
Q4 2023: $3.25Q1 2024: $2.60Q2 2024: $2.02Q3 2024: $1.21Q4 2024: $-1.60Q1 2025: $-1.71Q2 2025: $-1.45Q3 2025: $-0.89Q4 2025: $1.76Q1 2026: $1.99Q2 2026: $2.04Q3 2026: $1.95Forward: $2.07
QuarterTTM EPSYoY
Forward$2.07+6.2%
Q3 2026$1.95+$2.84
Q2 2026$2.04+$3.49
Q1 2026$1.99+$3.70
Q4 2025$1.76+$3.36
Q3 2025-$0.89-174%
Q2 2025-$1.45-172%
Q1 2025-$1.71-166%
Q4 2024-$1.60-149%

MNSB 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.

MNSB Quarterly Revenue

Q4 2023: $18MQ1 2024: $16MQ2 2024: $16MQ3 2024: $16MQ4 2024: $17MQ1 2025: $17MQ2 2025: $20MQ3 2025: $18MQ4 2025: $18MQ1 2026: $18MQ2 2026: $19MQ3 2026: $19M
Q4 2023: $18MQ1 2024: $16MQ2 2024: $16MQ3 2024: $16MQ4 2024: $17MQ1 2025: $17MQ2 2025: $20MQ3 2025: $18MQ4 2025: $18MQ1 2026: $18MQ2 2026: $19MQ3 2026: $19M
QuarterRevenueYoY
Q3 2026$19.4M+6.7%
Q2 2026$19.1M-3.7%
Q1 2026$17.9M+2.6%
Q4 2025$18M+7.1%
Q3 2025$18.2M+12%
Q2 2025$19.9M+23%
Q1 2025$17.4M+7.3%
Q4 2024$16.8M-5.7%

MNSB's revenue has held roughly level: $19M last quarter, up 6.7% 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

IREN's free cash flow was −$2.5B over the past year, against −$507M the year before. Free cash flow isn't a meaningful measure for financial services companies like IREN.

MNSB Free Cash Flow

Q4 2023: $5MQ1 2024: $3MQ2 2024: $1MQ3 2024: $4MQ4 2024: $5MQ1 2025: $1MQ2 2025: −$3MQ3 2025: $5MQ4 2025: $6MQ1 2026: $7MQ2 2026: $5MQ3 2026: $6M
Q4 2023: $5MQ1 2024: $3MQ2 2024: $1MQ3 2024: $4MQ4 2024: $5MQ1 2025: $1MQ2 2025: −$3MQ3 2025: $5MQ4 2025: $6MQ1 2026: $7MQ2 2026: $5MQ3 2026: $6M
QuarterFree cash flowYoY
Q3 2026$5.8M+6.4%
Q2 2026$4.8M+$7.5M
Q1 2026$6.5M+366%
Q4 2025$6.4M+19%
Q3 2025$5.5M+27%
Q2 2025-$2.6M-345%
Q1 2025$1.4M-54%
Q4 2024$5.4M+1.8%

MNSB has the edge over IREN on cash generation, producing positive trailing cash flow while its opponent burns cash.

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.

MNSB Total Shares

Q4 2023: 8MQ1 2024: 8MQ2 2024: 8MQ3 2024: 8MQ4 2024: 8MQ1 2025: 8MQ2 2025: 8MQ3 2025: 8MQ4 2025: 8MQ1 2026: 7MQ2 2026: 7MQ3 2026: 7M
Q4 2023: 8MQ1 2024: 8MQ2 2024: 8MQ3 2024: 8MQ4 2024: 8MQ1 2025: 8MQ2 2025: 8MQ3 2025: 8MQ4 2025: 8MQ1 2026: 7MQ2 2026: 7MQ3 2026: 7M
PeriodChange %Net change
Quarterly-0.8%-57.9K shares
1 year-7.6%-585K shares
3 years-5.4%-405K shares
5 years-6%-452K shares
Available history-14%-1.1M shares

MNSB 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.

MNSB Net Leverage

Q4 2023: 0.5xQ1 2024: 0.8xQ2 2024: 1.3xQ3 2024: 1.9xQ4 2025: 1.9xQ1 2026: 1.5xQ2 2026: 1.5xQ3 2026: 1.7x
Q4 2023: 0.5xQ1 2024: 0.8xQ2 2024: 1.3xQ3 2024: 1.9xQ4 2025: 1.9xQ1 2026: 1.5xQ2 2026: 1.5xQ3 2026: 1.7x
QuarterNet LeverageStatus
Q3 20261.7xHealthy
Q2 20261.5xHealthy
Q1 20261.5xHealthy
Q4 20251.9xHealthy
Q3 20241.9xHealthy
Q2 20241.3xHealthy
Q1 20240.8xVery low
Q4 20230.5xVery low

MNSB's net debt is about 1.7 years of its operating earnings (EBITDA), down from 1.9 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MNSB.

IREN Weekly Momentum

MetricValueStatus
RSI33.3Neutral
Stochastic8.2Oversold

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

MNSB Weekly Momentum

MetricValueStatus
RSI38.4Neutral
Stochastic16.6Oversold

MNSB's weekly RSI is 38 (neutral) and its Stochastic is 17 (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.

MNSB PE vs Financial Services Sector

MetricMNSBSector medianRelative
PE11x13x16% below
PE %756312 pts above

MNSB is trading at 11x earnings, a 16% discount 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.

MNSB Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$23.58.5% below
20 week MA$24.111% below
50 week MA$23.06.8% below
100 week MA$20.92.7% above
200 week MA$20.83.2% above

MNSB 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.

MNSB Yearly ROI

YearStart priceEnd priceROI
2020$23.0$16.8-27%
2021$16.8$23.8+42%
2022$23.8$27.4+15%
2023$27.4$24.8-9.3%
2024$24.8$18.0-27%
2025$18.0$21.0+17%
2026 YTD$21.0$21.5+2.1%

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

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