Iris Energy Limited vs Raytheon Technologies Corp — how do they compare? Iris Energy Limited trades at $42.1 (market cap $13.84B), while Raytheon Technologies Corp trades at $223.67 (market cap $302.06B). The key difference: Raytheon Technologies Corp is far larger — about 21.8× Iris Energy Limited's market cap, and Raytheon Technologies Corp pays a 1.3% dividend while Iris Energy Limited pays none. Which is the better fit depends on your goals.
| IREN | RTX | |
|---|---|---|
Market Cap | $13.84B | $302.06B |
Sector | Energy | Industrials |
52-Week High | $76.41 | $224.12 |
52-Week Low | $17.73 | $151.75 |
Enterprise Value | $15.60B | $332.61B |
Dividend Yield | — | 1.3% |
Signals from Pluang's Aura AI — not financial advice
IREN trades at $41.23, up 8.7% in the past 24 hours, with a bearish technical signal and RSI near 80 indicating potential overbought conditions. The company reported Q1 2026 revenue of $501 million and net income of $87 million, but missed EPS estimates for three consecutive quarters. Recent news highlights $2.8 billion in new AI contracts and a raised revenue target above $4 billion, signaling strong growth prospects in AI infrastructure.
The outlook is mixed: analyst consensus is bullish with a $84.43 price target, but high valuation ratios and earnings misses pose risks. Investment opportunity lies in AI contract growth, while risks include execution challenges and competitive pressures in the neocloud market.
RTX trades at $223.86, up 0.37% today, with a bullish technical signal and strong analyst consensus of 17 buys and a $233.14 price target. Recent earnings beats and a $515 million Navy radar contract (PRNewsWire, June 3, 2026) highlight operational momentum. Revenue grew to $88.60 billion in 2025, with net income margin improving to 8.28%, though a P/E of 39.46 suggests premium valuation.
The outlook is positive, driven by defense contract wins and earnings growth, but risks include high valuation and geopolitical dependencies. Cash flow trends show strengthening operations, supporting dividend payments and strategic investments.
Trailing returns across standard periods
Latest headlines on both assets
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 →Raytheon Technologies is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace manufactures and to the defense market as a prime and subprime contractor.
Read more on RTX →