H.C. Wainwright Downgrades IREN Ltd (IREN) to a Sell from a Buy

Roman Campbell

IREN Ltd’s recently made public that its Co-Chief Executive Officer Roberts Daniel John unloaded Company’s shares for reported $33.13 million on Sep 11 ’25. In the deal valued at $33.13 per share,1,000,000 shares were sold. As a result of this transaction, Roberts Daniel John now holds 13,989,696 shares worth roughly $947.8 million.

Then, William Roberts bought 1,000,000 shares, generating $33,131,000 in total proceeds.

Before that, Roberts William Gregory sold 1,000,000 shares. IREN Ltd shares valued at $33,131,000 were divested by the Co-Chief Executive Officer at a price of $33.13 per share. As a result of the transaction, Roberts William Gregory now holds 13,989,696 shares, worth roughly $947.8 million.

H.C. Wainwright downgraded its IREN Ltd [IREN] rating to a Sell from a a Buy in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late September from “a Neutral” to “an Underweight”. Arete began covering IREN with “Buy” recommendation on September 24, 2025.

Price Performance Review of IREN

On Monday, IREN Ltd [NASDAQ:IREN] saw its stock jump 11.52% to $67.75. Over the last five days, the stock has gained 4.25%. IREN Ltd shares have risen nearly 556.49% since the year began. Nevertheless, the stocks have risen 589.92% over the past one year. While a 52-week high of $74.15 was reached on 11/03/25, a 52-week low of $5.12 was recorded on 04/09/25.

Levels Of Support And Resistance For IREN Stock

The 24-hour chart illustrates a support level at 62.84, which if violated will result in even more drops to 57.94. On the upside, there is a resistance level at 74.19. A further resistance level may holdings at 80.64.

How much short interest is there in IREN Ltd?

A steep rise in short interest was recorded in IREN Ltd stocks on 2025-10-15, growing by 17.14 million shares to a total of 48.12 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-15 was 30.98 million shares. There was a rise of 35.62%, which implies that there is a positive sentiment for the stock.

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