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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)16.62M
Market Cap
$2.77B
Enterprise Value$1.50B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta2.55
Next Earnings
May 07, 2025EPS Estimate
0.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.25
Shares Outstanding214,406,300
10 Day Avg. Volume15,271,800
30 Day Avg. Volume16,616,182
Standard Deviation0.34
R-Squared0.27
Alpha0.00918
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)57.87
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market Cap0.54
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit9.01
Enterprise Value/Ebitda21.79
Forecast
1Y Price Target
$22.90Price Target Upside76.56% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
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Bulls Say, Bears Say
Bulls Say
Financial PerformanceTotal revenue more than doubled and cost per coin declined materially, which is impressive.
Growth ProspectsIREN is expected to benefit from the expansion of larger public miners who are increasing capacity and improving efficiencies.
ValuationIREN is trading at a lower multiple compared to the projected FY2026 EBITDA, indicating potential undervaluation relative to future earnings.
Bears Say
Cloud Services RevenueCloud Services revenue was down modestly, below company guidance.
Equity DilutionConcerns exist about having a contract in place before equity dilution around the newly announced 50MW HPC capacity.
Partnership ConcernsThere are near-term concerns with Sweetwater after IREN formally ended the involvement with MS.
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Ownership Overview
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Insiders
0.06% Mutual Funds
15.94% Other Institutional Investors
77.67% 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 $2.77B.
When is Iris Energy’s upcoming earnings report date?
Iris Energy’s upcoming earnings report date is May 07, 2025 which is in 76 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 0.19.
How many shares outstanding does Iris Energy have?
Iris Energy has 214,406,300 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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$22.90 (76.56% Upside)
$22.90 (76.56% Upside)
Blogger Sentiment
Bullish
IREN Sentiment 100%
Sector Average 67%
Sector Average 67%
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 8.2%
Last 30 Days ▲ 8.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
90.45%
12-Months-Change
Fundamentals
Return on Equity
-3.98%
Trailing 12-Months
Asset Growth
343.97%
Trailing 12-Months
Company Description
Iris Energy
Iris Energy Ltd is a bitcoin mining company. It builds, owns, and operates data centers and electrical infrastructure for the mining of Bitcoin primarily powered by renewable energy. The company's mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.
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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
$22.90
▲(76.56% Upside)
Technical Analysis
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Best Analysts Covering IREN
1 Year
1 Year Success Rate
5/5 ratings generated profit
1 Year Average Return
+28.10%
reiterated a buy rating 8 days ago
Copying Brett Knoblauch's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +28.10% per trade.
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