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Compare Iris Energy Limited (IREN) vs Nuscale Power Corporation (SMR) Price & Performance

Iris Energy LimitedTrade
Nuscale Power CorporationTrade

Price performance (Past 24H)

Key statistics

Iris Energy Limited vs Nuscale Power Corporation — how do they compare? Iris Energy Limited trades at $43.64 (market cap $14.20B), while Nuscale Power Corporation trades at $9.64 (market cap $4.06B). The key difference: Iris Energy Limited is far larger — about 3.5× Nuscale Power Corporation's market cap, and Iris Energy Limited is trading nearer its 52-week high, Nuscale Power Corporation nearer its low. Which is the better fit depends on your goals.

IRENSMR
Market Cap
$14.20B$4.06B
Sector
EnergyUtilities
52-Week High
$76.41$53.43
52-Week Low
$17.73$7.59
Enterprise Value
$15.95B$2.99B

Aura AI Summary

Signals from Pluang's Aura AI — not financial advice

Iris Energy Limited

IREN trades at $43.67, up 12.73% in the last 24 hours, reflecting strong momentum amid recent AI contract wins. The technical picture is neutral with mixed signals, while fundamentals show robust revenue growth and high gross margins but negative returns on equity and assets. Recent news highlights the company's pivot to AI infrastructure, including a $2.8 billion contract boost and a raised revenue target above $4 billion, driving investor optimism despite recent earnings misses.

The outlook is cautiously optimistic, with significant growth potential from AI cloud expansion but tempered by execution risks and high valuation multiples. Analyst consensus is bullish with a $84.43 price target, though investors should monitor cash flow sustainability and competitive pressures in the rapidly evolving AI infrastructure space.

Nuscale Power Corporation

NuScale Power (SMR) trades at $9.58, up 4.36% today, with a bullish technical signal from moving averages but mixed oscillators. The company reported a net loss of $355.79 million on $31.48 million revenue in 2025, with a negative net margin of -3,888.7%. Recent news highlights regulatory progress for its small modular reactors and potential from AI data center power demand, though revenue plunged 98.8% year-over-year in Q2 2026.

Outlook hinges on commercial deployment success, with a consensus price target of $10.50 offering 9.6% upside. High execution risk and cash burn are key concerns, but analyst sentiment is 50% buy-rated. Investors face volatility from project timelines versus speculative growth potential in nuclear energy.

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 Nuscale Power Corporation

NuScale Power Corporation is a leading developer of Small Modular Reactor (SMR) technology. The company's flagship product is a light water reactor SMR designed to generate clean, reliable, and scalable nuclear power. NuScale's technology is poised to address the global demand for carbon-free energy by offering a safer, smaller, and more flexible alternative to traditional large-scale nuclear power plants, with applications in electricity generation, desalination, and process heat.

Read more on SMR