IREN
IREN Limited
There isn't enough reported data to score IREN yet.
PGC
Peapack-Gladstone Financial Corporation
PGC's fundamentals are strong: revenue grew 25% and its operating margin rose 7 points to 25%. At 14x earnings, it's trading in line with its usual 13x. Analysts expect that strong growth to continue.
IREN Fundamentals
| Metric | Status |
|---|---|
| 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.
PGC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
PGC's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like PGC.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
PGC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.8x | $29.22 | -36% |
| Forward | 10x | $46.01 | — |
| Fair | 13x | $42.69 | -7.2% |
| Current | 14x | $46.01 | — |
| Expensive | 16x | $54.03 | +17% |
Historical ranges are pointers, not guarantees.
PGC's PE is in its fair range at 14x. If earnings grow as analysts expect, today's price would be 10x next year's earnings.
IREN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| 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.
PGC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
PGC has the edge over IREN on the outlook, with more favorable earnings expectations.
IREN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| 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.
PGC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.50 | +35% |
| Q3 2026 | $3.34 | +72% |
| Q2 2026 | $2.89 | +58% |
| Q1 2026 | $2.48 | +38% |
| Q4 2025 | $2.11 | +14% |
| Q3 2025 | $1.94 | +7.2% |
| Q2 2025 | $1.83 | -2.1% |
| Q1 2025 | $1.80 | -17% |
| Q4 2024 | $1.85 | -32% |
PGC has the edge over IREN on earnings quality, reporting a profit while its opponent remains loss making.
IREN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $228M | -5.1% |
| Q2 2026 | $137.2M | -27% |
| Q1 2026 | $144.8M | 0% |
| 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.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -82% | -50 points |
| Q2 2026 | -452% | -461 points |
| Q1 2026 | -161% | -180 points |
| Q4 2025 | -63% | -79 points |
| Q3 2025 | -32% | +57 points |
| Q2 2025 | 9% | +49 points |
| Q1 2025 | 19% | +8 points |
| Q4 2024 | 15% | +21 points |
IREN's operating margin was −82% last quarter, down 50 points from the same quarter a year ago.
PGC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $87.5M | +24% |
| Q2 2026 | $86.1M | +23% |
| Q1 2026 | $82.5M | +28% |
| Q4 2025 | $78.2M | +26% |
| Q3 2025 | $70.7M | +25% |
| Q2 2025 | $69.7M | +23% |
| Q1 2025 | $64.4M | +21% |
| Q4 2024 | $61.8M | +14% |
PGC's revenue has grown year over year for nine quarters in a row: $87M last quarter, up 24% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 27% | +8 points |
| Q2 2026 | 26% | +9.8 points |
| Q1 2026 | 24% | +7.7 points |
| Q4 2025 | 22% | +1.9 points |
| Q3 2025 | 19% | +0.3 points |
| Q2 2025 | 16% | -0.7 points |
| Q1 2025 | 16% | -7.1 points |
| Q4 2024 | 20% | -1.6 points |
PGC has the edge over IREN on profitability, with a higher operating margin.
IREN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| 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.
PGC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$6.2M | -118% |
| Q2 2026 | $48.6M | +389% |
| Q1 2026 | $23.3M | +$34.8M |
| Q4 2025 | -$3.6M | -116% |
| Q3 2025 | $34M | +48% |
| Q2 2025 | $9.9M | +$10.4M |
| Q1 2025 | -$11.5M | -164% |
| Q4 2024 | $22.4M | +6536% |
PGC has the edge over IREN on cash generation, producing positive trailing cash flow while its opponent burns cash.
IREN Total Shares
| Period | Change % | 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.
| Quarter | Spent |
|---|---|
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
PGC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.4% | +444K shares |
| 1 year | +7.8% | +1.4M shares |
| 3 years | +5.9% | +1.1M shares |
| 5 years | -1.1% | -204K shares |
| Available history | -1.8% | -342K shares |
PGC has the edge over IREN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | $2.7M |
| Q4 2024 | — |
| Q3 2024 | $2.6M |
| Q2 2024 | $2.2M |
| Q1 2024 | $2.4M |
| Q4 2023 | $2.1M |
| Q3 2023 | $2.8M |
IREN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | 157.6x | High |
| Q4 2025 | 22.2x | High |
| Q3 2025 | 4.1x | High |
| Q2 2025 | 2.0x | Moderate |
| Q1 2025 | 3.3x | Elevated |
| Q4 2024 | -4.6x | Net Cash |
| Q3 2024 | -16.7x | Net Cash |
| Q2 2024 | -15.9x | Net 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.
PGC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.1x | Elevated |
| Q2 2026 | 0.9x | Very low |
| Q1 2026 | 0.8x | Very low |
| Q4 2025 | 2.8x | Moderate |
| Q3 2025 | 1.7x | Healthy |
| Q2 2025 | 1.9x | Healthy |
| Q1 2025 | 1.9x | Healthy |
| Q4 2024 | 2.5x | Moderate |
PGC's net debt is about 3.1 years of its operating earnings (EBITDA), up from 1.7 years a year ago. Net leverage isn't a meaningful measure for financial services companies like PGC.
IREN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.3 | Neutral |
| Stochastic | 8.2 | Oversold |
IREN's weekly RSI is 33 (neutral) and its Stochastic is 8 (oversold).
PGC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.0 | Neutral |
| Stochastic | 55.5 | Neutral |
PGC's weekly RSI is 61 (neutral) and its Stochastic is 56 (neutral).
IREN PE vs Financial Services Sector
| Metric | IREN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
IREN has no meaningful PE right now: it lost money over the past year.
PGC PE vs Financial Services Sector
| Metric | PGC | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 5.8% above |
| PE % | 55 | 63 | 8 pts below |
PGC is trading at 14x earnings, in line with the Financial Services sector's median of 13x.
IREN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.8 | 35% below |
| 20 week MA | $36.2 | 46% below |
| 50 week MA | $42.8 | 54% below |
| 100 week MA | $32.0 | 39% below |
| 200 week MA | $19.1 | 2.1% above |
IREN has fallen below most of its moving averages, though it's still 2.1% above its 200-week average.
PGC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $44.9 | 2.5% above |
| 20 week MA | $45.6 | 0.9% above |
| 50 week MA | $39.9 | 15% above |
| 100 week MA | $34.3 | 34% above |
| 200 week MA | $31.0 | 48% above |
PGC has the edge over IREN on trend strength, trading above more of its moving averages.
IREN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 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.
PGC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $31.0 | $22.6 | -27% |
| 2021 | $22.6 | $35.0 | +55% |
| 2022 | $35.0 | $37.1 | +5.9% |
| 2023 | $37.1 | $29.8 | -20% |
| 2024 | $29.8 | $32.1 | +7.8% |
| 2025 | $32.1 | $28.2 | -12% |
| 2026 YTD | $28.2 | $46.0 | +63% |
PGC has the edge over IREN on returns for 2026, with the stronger performance.