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Iris Energy Ltd. (IREN)
:IREN
Holding IREN?
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IREN Stock Chart & Stats
Day’s Range― - ―
52-Week Range$3.56 - $15.92
Previous CloseN/A
Volume5.61M
Average Volume (3M)14.75M
Market Cap
$2.24B
Enterprise Value$1.50B
Total Cash (Recent Filing)$2.85M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.55
Next Earnings
Feb 13, 2025EPS Estimate
-0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.41
Shares Outstanding197,129,490
10 Day Avg. Volume12,581,197
30 Day Avg. Volume14,753,441
Standard Deviation0.35
R-Squared0.27
Alpha0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)51.37
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market Cap0.67
Enterprise Value/Revenue174.22
Enterprise Value/Gross Profit7.95
Enterprise Value/Ebitda-12.21
Forecast
1Y Price Target
$20.55Price Target Upside79.48% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Iris Energy News
Bulls Say, Bears Say
Bulls Say
Expansion And GrowthIREN's ongoing expansion and increase in power capacity could provide opportunities to add HPC contracts.
Infrastructure And CapacityIREN has a substantial power infrastructure in Texas and Canada, making it one of the largest BTC mining infrastructure capacity owners in North America.
Market Position And EfficiencyIREN remains the fastest-growing BTC miner and now has arguably the most efficient nameplate efficiency at ~15 J/TH.
Bears Say
EarningsIren's 1Q results missed market expectations, with EBITDA at $3M compared to $10M expected by Needham and $7M by consensus.
Revenue DeclineSelf-mining revenues decreased due to lower average BTC prices and production.
Revenue PerformanceAI Cloud revenue remained flat, indicating that IREN has yet to fully replace its lost customer in Poolside.
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Ownership Overview
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Insiders
0.03% Mutual Funds
0.02% Other Institutional Investors
93.88% 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 Ltd.’s price range in the past 12 months?
Iris Energy Ltd. lowest stock price was $3.56 and its highest was $15.92 in the past 12 months.
What is Iris Energy Ltd.’s market cap?
Iris Energy Ltd.’s market cap is $2.24B.
When is Iris Energy Ltd.’s upcoming earnings report date?
Iris Energy Ltd.’s upcoming earnings report date is Feb 13, 2025 which is in 26 days.
How were Iris Energy Ltd.’s earnings last quarter?
Iris Energy Ltd. released its earnings results on Nov 26, 2024. The company reported -$0.27 earnings per share for the quarter, missing the consensus estimate of -$0.075 by -$0.195.
Is Iris Energy Ltd. overvalued?
According to Wall Street analysts Iris Energy Ltd.’s price is currently Undervalued.
Does Iris Energy Ltd. pay dividends?
Iris Energy Ltd. does not currently pay dividends.
What is Iris Energy Ltd.’s EPS estimate?
Iris Energy Ltd.’s EPS estimate is -0.02.
How many shares outstanding does Iris Energy Ltd. have?
Iris Energy Ltd. has 197,129,490 shares outstanding.
What happened to Iris Energy Ltd.’s price movement after its last earnings report?
Iris Energy Ltd. reported an EPS of -$0.27 in its last earnings report, missing expectations of -$0.075. Following the earnings report the stock price went up 29.707%.
Which hedge fund is a major shareholder of Iris Energy Ltd.?
Currently, no hedge funds are holding shares in IREN
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Iris Energy Stock Smart Score
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Company Description
Iris Energy Ltd.
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
Q1 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth and expansion plans with low-cost Bitcoin production and strong cash flows. However, increased electricity costs and uncertainty in the AI market present challenges.Read More>---
IREN Stock 12 Month Forecast
Average Price Target
$20.55
▲(79.48% Upside)
Technical Analysis
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Best Analysts Covering IREN
1 Year
1 Year Success Rate
10/16 ratings generated profit
1 Year Average Return
+40.29%
reiterated a buy rating 25 days ago
Copying Mike Colonnese's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of +40.29% per trade.
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