Iris Energy Limited vs Onto Innovation — how do they compare? Iris Energy Limited trades at $35.17 (market cap $14.07B), while Onto Innovation trades at $294.28 (market cap $14.36B). The key difference: Iris Energy Limited and Onto Innovation are close in size by market cap, and Onto Innovation is trading nearer its 52-week high, Iris Energy Limited nearer its low. Which is the better fit depends on your goals — on Pluang, investors hold Iris Energy Limited for 28 Days and Onto Innovation for 5 Days on average.
| IREN | ONTO | |
|---|---|---|
Market Cap | $14.07B | $14.36B |
Volume | 54,492,460 | 761,617 |
Sector | Technology | Technology |
52-Week High | $76.41 | $378.45 |
52-Week Low | $29.31 | $121.34 |
Typical Hold Time | 28 Days | 5 Days |
Enterprise Value | $16.02B | $13.95B |
Signals from Pluang's Aura AI — not financial advice
IREN stock trades at $35.15, down 9.15% in the last 24 hours, reflecting bearish technical signals despite strong analyst buy ratings. The company reported revenue of $501.02M in 2025 with a net income of $86.94M, but recent quarterly EPS misses and a projected net loss of -$703M for 2026 highlight profitability challenges. Key developments include a $9.7 billion deal with Microsoft and a strategic pivot from Bitcoin mining to AI cloud services, positioning IREN in the high-growth AI infrastructure sector.
The outlook for IREN is mixed: significant upside exists from analyst price targets averaging $81.00, driven by AI demand and contracted revenue, but risks include execution on massive capital expenditure, intense competition, and current negative profitability. Investors face high volatility amid transformative growth ambitions versus near-term financial strain.
No Aura AI signal available yet.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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 →Onto Innovation provides process control solutions for semiconductor manufacturing. Its inspection and metrology systems help chipmakers measure, analyze, and detect defects on wafers and advanced packages.
Read more on ONTO →