IREN
IREN Limited
There isn't enough reported data to score IREN yet.
SHBI
Shore Bancshares, Inc.
SHBI's fundamentals are strong: revenue grew 11% and its operating margin rose 3 points to 37%. At 11x earnings, it's trading in line with its usual 12x. Analysts expect earnings growth.
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.
SHBI Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
SHBI's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like SHBI.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
SHBI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.7x | $17.81 | -22% |
| Forward | 10x | $22.75 | — |
| Current | 11x | $22.75 | — |
| Fair | 12x | $24.66 | +8.4% |
| Expensive | 17x | $35.08 | +54% |
Historical ranges are pointers, not guarantees.
SHBI's PE is in its fair range at 11x. If earnings grow as analysts expect, today's price would be 10x next year's earnings, in its cheap range.
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.
SHBI Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
SHBI 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.
SHBI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.25 | +9.9% |
| Q3 2026 | $2.05 | +21% |
| Q2 2026 | $1.98 | +24% |
| Q1 2026 | $1.88 | +27% |
| Q4 2025 | $1.78 | +35% |
| Q3 2025 | $1.69 | +51% |
| Q2 2025 | $1.60 | +227% |
| Q1 2025 | $1.48 | +323% |
| Q4 2024 | $1.32 | +214% |
SHBI 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.
SHBI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $62.8M | +11% |
| Q2 2026 | $61.7M | +9.2% |
| Q1 2026 | $59.8M | +13% |
| Q4 2025 | $59.1M | +12% |
| Q3 2025 | $56.4M | +11% |
| Q2 2025 | $56.6M | +12% |
| Q1 2025 | $53M | +11% |
| Q4 2024 | $52.9M | +7.7% |
SHBI's revenue has grown year over year for eight quarters in a row: $63M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 35% | +1.8 points |
| Q2 2026 | 41% | +4.3 points |
| Q1 2026 | 38% | +3.5 points |
| Q4 2025 | 35% | +0.8 points |
| Q3 2025 | 34% | +4.1 points |
| Q2 2025 | 36% | +6.8 points |
| Q1 2025 | 34% | +12 points |
| Q4 2024 | 34% | +4.8 points |
SHBI 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.
SHBI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $35.4M | -16% |
| Q2 2026 | $7M | +$16.2M |
| Q1 2026 | $30.5M | +63% |
| Q4 2025 | $7.8M | -75% |
| Q3 2025 | $41.9M | +396% |
| Q2 2025 | -$9.2M | -738% |
| Q1 2025 | $18.8M | +2955% |
| Q4 2024 | $31.2M | -7.7% |
SHBI 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 | — |
SHBI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -61.3K shares |
| 1 year | -0.1% | -18.4K shares |
| 3 years | +0.9% | +288K shares |
SHBI has the edge over IREN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3.2M |
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.
SHBI Net Leverage
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).
SHBI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.6 | Neutral |
| Stochastic | 29.8 | Neutral |
SHBI's weekly RSI is 55 (neutral) and its Stochastic is 30 (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.
SHBI PE vs Financial Services Sector
| Metric | SHBI | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 15% below |
| PE % | 39 | 63 | 24 pts below |
SHBI is trading at 11x earnings, a 15% discount to 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.
SHBI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.7 | 0.4% above |
| 20 week MA | $23.1 | 1.7% below |
| 50 week MA | $20.8 | 9.2% above |
| 100 week MA | $18.1 | 26% above |
| 200 week MA | $15.5 | 47% above |
SHBI 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.
SHBI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.3 | $14.6 | -16% |
| 2021 | $14.6 | $20.3 | +39% |
| 2022 | $20.3 | $17.5 | -14% |
| 2023 | $17.5 | $14.3 | -18% |
| 2024 | $14.3 | $15.9 | +11% |
| 2025 | $15.9 | $17.9 | +13% |
| 2026 YTD | $17.9 | $22.8 | +27% |
SHBI has the edge over IREN on returns for 2026, with the stronger performance.