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Iris Energy (IREN)
NASDAQ:IREN
IREN Stock Chart & Stats
Day’s Range― - ―
52-Week Range$4.15 - $15.92
Previous CloseN/A
Volume5.61M
Average Volume (3M)14.44M
Market Cap
$1.41B
Enterprise Value$1.72B
Total Cash (Recent Filing)$427.27M
Total Debt (Recent Filing)$319.91M
Price to Earnings (P/E)―
Beta2.99
Next Earnings
May 07, 2025EPS Estimate
0.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.25
Shares Outstanding218,936,580
10 Day Avg. Volume11,712,733
30 Day Avg. Volume14,440,559
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)31.80
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market Cap1.22
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.31
Enterprise Value/Ebitda24.91
Forecast
1Y Price Target
$21.22Price Target Upside228.48% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
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Bulls Say, Bears Say
Bulls Say
Operational EfficiencyGross mining margins were impressive and among the best in the industry.
Revenue GrowthTotal F2Q revenues increased by 120% to $119.6M, driven by higher BTC prices and production, resulting in improved gross profit margins.
Strategic ExpansionThe company is planning a new 600 MW site, named 'Sweetwater 2', to create a 2 GW datacenter hub in West Texas, which is expected to attract increased interest from hyperscalers.
Bears Say
Equity ConcernsConcerns exist about having a contract in place before equity dilution around the newly announced 50MW HPC capacity.
Incomplete Customer ReplacementAI Cloud revenue remained flat m/m, reflecting that IREN has yet to fully replace its lost customer in Poolside.
Revenue DeclineCloud Services revenue was down modestly, below company guidance.
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Ownership Overview
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Insiders
0.12% Mutual Funds
14.49% Other Institutional Investors
79.50% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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IREN FAQ
What was Iris Energy’s price range in the past 12 months?
Iris Energy lowest stock price was $4.15 and its highest was $15.92 in the past 12 months.
What is Iris Energy’s market cap?
Iris Energy’s market cap is $1.41B.
When is Iris Energy’s upcoming earnings report date?
Iris Energy’s upcoming earnings report date is May 07, 2025 which is in 39 days.
How were Iris Energy’s earnings last quarter?
Iris Energy released its earnings results on Feb 12, 2025. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.003 by $0.087.
Is Iris Energy overvalued?
According to Wall Street analysts Iris Energy’s price is currently Undervalued.
Does Iris Energy pay dividends?
Iris Energy does not currently pay dividends.
What is Iris Energy’s EPS estimate?
Iris Energy’s EPS estimate is 0.16.
How many shares outstanding does Iris Energy have?
Iris Energy has 218,936,580 shares outstanding.
What happened to Iris Energy’s price movement after its last earnings report?
Iris Energy reported an EPS of $0.09 in its last earnings report, beating expectations of $0.003. Following the earnings report the stock price went up 0.538%.
Which hedge fund is a major shareholder of Iris Energy?
Currently, no hedge funds are holding shares in IREN
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Iris Energy Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$21.22 (228.48% Upside)
$21.22 (228.48% Upside)
Blogger Sentiment
Bullish
IREN Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 375.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 5.8%
Last 30 Days ▼ 5.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
20.29%
12-Months-Change
Fundamentals
Return on Equity
-6.15%
Trailing 12-Months
Asset Growth
343.97%
Trailing 12-Months
Company Description
Iris Energy
Iris Energy (IREN) is a sustainable Bitcoin mining company that operates in the technology and financial sectors. It focuses on providing environmentally responsible cryptocurrency mining solutions. The company leverages renewable energy sources to power its mining operations, aiming to reduce the carbon footprint associated with traditional cryptocurrency mining practices.
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IREN Company Deck
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IREN Earnings Call
Q2 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a strong performance with record profit and significant growth initiatives in Bitcoin mining and AI data centers. While there are challenges in securing grid connections and deferred investor payouts, the company's strategic expansions seem promising.Read More>---
IREN Stock 12 Month Forecast
Average Price Target
$21.22
▲(228.48% Upside)
Technical Analysis
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Best Analysts Covering IREN
1 Year
1 Year Success Rate
8/11 ratings generated profit
1 Year Average Return
+66.32%
upgraded a buy rating 17 days ago
Copying Reginald Smith's trades and holding each position for 1 Year would result in 72.73% of your transactions generating a profit, with an average return of +66.32% per trade.
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