IREN
IREN Limited
There isn't enough reported data to score IREN yet.
VLY
Valley National Bancorp
VLY's fundamentals are strong: its operating margin rose 9 points to 40% and revenue grew 14%. At 11x earnings, it's trading in line with its usual 12x. Analysts expect strong 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.
VLY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
VLY's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like VLY.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
VLY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.5x | $10.70 | -26% |
| Forward | 9.8x | $14.38 | — |
| Current | 11x | $14.38 | — |
| Fair | 12x | $14.81 | +3% |
| Expensive | 13x | $16.91 | +18% |
Historical ranges are pointers, not guarantees.
VLY's PE is in its fair range at 11x. If earnings grow as analysts expect, today's price would be 9.8x 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.
VLY Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
VLY 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.
VLY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.46 | +16% |
| Q3 2026 | $1.26 | +43% |
| Q2 2026 | $1.18 | +51% |
| Q1 2026 | $1.11 | +61% |
| Q4 2025 | $1.01 | +46% |
| Q3 2025 | $0.88 | +42% |
| Q2 2025 | $0.78 | +9.9% |
| Q1 2025 | $0.69 | -19% |
| Q4 2024 | $0.69 | -27% |
VLY 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.
VLY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $584.2M | +14% |
| Q2 2026 | $560.7M | +13% |
| Q1 2026 | $540.4M | +13% |
| Q4 2025 | $541.2M | +14% |
| Q3 2025 | $511.1M | +8.5% |
| Q2 2025 | $495M | +9.3% |
| Q1 2025 | $478.4M | +5.2% |
| Q4 2024 | $474.2M | +5.4% |
VLY's revenue has grown year over year for nine quarters in a row: $584M last quarter, up 14% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 42% | +0.6 points |
| Q2 2026 | 39% | +4.3 points |
| Q1 2026 | 39% | +9.6 points |
| Q4 2025 | 41% | +22 points |
| Q3 2025 | 41% | +14 points |
| Q2 2025 | 35% | +14 points |
| Q1 2025 | 29% | +0.6 points |
| Q4 2024 | 19% | -1 points |
VLY 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.
VLY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $378.4M | +16011% |
| Q2 2026 | $160.2M | +2.7% |
| Q1 2026 | $208.2M | +$228.4M |
| Q4 2025 | $187.5M | -51% |
| Q3 2025 | $2.3M | +$162.9M |
| Q2 2025 | $156M | -26% |
| Q1 2025 | -$20.2M | -121% |
| Q4 2024 | $385.8M | +$668.8M |
VLY 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 | — |
VLY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -691K shares |
| 1 year | -1.3% | -7.4M shares |
| 3 years | +9.2% | +47M shares |
| 5 years | +36% | +147M shares |
| Available history | +55% | +197M shares |
VLY has the edge over IREN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $34.6M |
| Q2 2026 | $20.1M |
| Q1 2026 | $51.8M |
| Q4 2025 | $46.6M |
| Q3 2025 | $12M |
| Q2 2025 | $2.2M |
| Q1 2025 | $2.2M |
| Q4 2024 | $390,000 |
VLY spent $153M buying back its own shares over the past year, about nine times what it spent the year before.
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.
VLY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | -0.4x | Net Cash |
| Q4 2025 | -0.3x | Net Cash |
| Q3 2025 | -0.5x | Net Cash |
| Q2 2025 | -0.5x | Net Cash |
| Q1 2025 | -0.9x | Net Cash |
| Q4 2024 | -0.7x | Net Cash |
VLY has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like VLY.
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).
VLY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.2 | Neutral |
| Stochastic | 67.1 | Neutral |
VLY's weekly RSI is 58 (neutral) and its Stochastic is 67 (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.
VLY PE vs Financial Services Sector
| Metric | VLY | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 12% below |
| PE % | 44 | 63 | 19 pts below |
VLY is trading at 11x earnings, a 12% 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.
VLY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.5 | 6.7% above |
| 20 week MA | $14.0 | 2.8% above |
| 50 week MA | $13.3 | 8.2% above |
| 100 week MA | $11.5 | 26% above |
| 200 week MA | $10.2 | 42% above |
VLY 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.
VLY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.4 | $9.71 | -15% |
| 2021 | $9.71 | $13.6 | +40% |
| 2022 | $13.6 | $11.5 | -15% |
| 2023 | $11.5 | $10.9 | -5.4% |
| 2024 | $10.9 | $9.12 | -16% |
| 2025 | $9.12 | $12.0 | +31% |
| 2026 YTD | $12.0 | $14.4 | +20% |
VLY has the edge over IREN on returns for 2026, with the stronger performance.