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Iris Energy (IREN)
NASDAQ: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)14.43M
Market Cap
$2.61B
Enterprise Value$1.50B
Total Cash (Recent Filing)$2.85M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.58
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. Volume16,102,451
30 Day Avg. Volume14,426,465
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)59.25
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market Cap0.58
Enterprise Value/Revenue174.22
Enterprise Value/Gross Profit7.95
Enterprise Value/Ebitda-12.21
Forecast
1Y Price Target
$20.55Price Target Upside101.08% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Iris Energy News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst's price target for IREN has been updated from $16 to $25, indicating increased confidence in the company's future performance.
Growth PotentialAnalyst's recommendation is a 'Buy' with an attractive growth pipeline and potential for high-performance computing opportunities.
Infrastructure And EfficiencyIREN has a substantial power infrastructure in Texas and Canada, making it one of the largest BTC mining infrastructure capacity owners in North America.
Bears Say
EarningsEBITDA was $3M compared to $10M expected by Needham and $7M by consensus.
Financial PerformanceIren's 1Q results missed market expectations, similar to peers, with ongoing network difficulty, a widely understood phenomenon.
Revenue GrowthAI Cloud revenue remained flat, reflecting 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’s price range in the past 12 months?
Iris Energy lowest stock price was $3.56 and its highest was $15.92 in the past 12 months.
What is Iris Energy’s market cap?
Iris Energy’s market cap is $2.61B.
When is Iris Energy’s upcoming earnings report date?
Iris Energy’s upcoming earnings report date is Feb 13, 2025 which is in 11 days.
How were Iris Energy’s earnings last quarter?
Iris Energy 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 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 -0.02.
How many shares outstanding does Iris Energy have?
Iris Energy has 197,129,490 shares outstanding.
What happened to Iris Energy’s price movement after its last earnings report?
Iris Energy 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?
Currently, no hedge funds are holding shares in IREN
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Iris Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$20.55 (101.08% Upside)
$20.55 (101.08% Upside)
Blogger Sentiment
Bullish
IREN Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 4.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.3%
Last 30 Days ▲ 10.1%
Last 30 Days ▲ 10.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
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
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
▲(101.08% 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 last month
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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