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Compare Iris Energy Limited (IREN) vs Monolithic Power Systems Inc (MPWR) Price & Performance

Iris Energy LimitedTrade
Monolithic Power Systems IncTrade

Price performance (Past 24H)

Key statistics

Iris Energy Limited vs Monolithic Power Systems Inc — how do they compare? Iris Energy Limited trades at $41.94 (market cap $14.37B), while Monolithic Power Systems Inc trades at $1,373.38 (market cap $65.28B). The key difference: Monolithic Power Systems Inc is far larger — about 4.5× Iris Energy Limited's market cap, and Monolithic Power Systems Inc pays a 0.6% dividend while Iris Energy Limited pays none. Which is the better fit depends on your goals.

IRENMPWR
Market Cap
$14.37B$65.28B
Sector
EnergyUtilities
52-Week High
$76.41$1.69K
52-Week Low
$15.40$711.24
Enterprise Value
$16.12B$63.94B
Dividend Yield
0.6%

Aura AI Summary

Signals from Pluang's Aura AI — not financial advice

Iris Energy Limited

IREN trades at $40.20, up 19.57% in 24 hours but remains volatile amid a broader AI infrastructure stock sell-off. The stock shows a bearish technical signal with support at $31 and resistance at $36. Fundamentally, revenue grew to $501M in 2025 with a 20.88% net income margin, but recent quarters missed EPS expectations. The company is transitioning from Bitcoin mining to AI cloud services, with significant capital investment driving negative cash flow from investing activities.

Wall Street maintains a bullish stance with a $79.11 consensus price target and 71% buy ratings, citing IREN's AI infrastructure potential. However, execution risks, competitive pressures from Meta and peers, and recent earnings misses pose significant challenges. The stock's high valuation multiples (P/E 43.66) require flawless growth execution to justify current levels.

Monolithic Power Systems Inc

MPWR trades at $1,328.80, up 1.28% with a bearish technical signal despite recent earnings beats. The stock shows strong fundamentals with a 22.98% net margin and robust cash flow, but carries high valuation multiples like a P/E of 93.92. Analyst consensus is overwhelmingly bullish with an $1,810 price target, though news includes both AI infrastructure optimism and legal investigations.

Outlook remains positive given earnings momentum and AI-driven demand, but risks include stretched valuations and ongoing legal scrutiny. The stock offers growth exposure but requires monitoring of execution and market sentiment shifts.

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

About Iris Energy Limited

Iris Energy is a next-generation data center company that powers Bitcoin mining and AI workloads using 100% renewable energy. It focuses on building sustainable infrastructure for the global digital economy.

Read more on IREN

About Monolithic Power Systems Inc

Monolithic Power Systems, Inc. is a global leader in high-performance, analog, and mixed-signal semiconductors. The company specializes in power management solutions, providing integrated circuits (ICs) for a wide range of applications, including computing, automotive, industrial, and communications. MPWR's proprietary process technology is designed to deliver highly energy-efficient and compact power solutions, positioning the company as a key supplier for the next generation of electronic devices.

Read more on MPWR