Top-Rated StocksTop-RatedNASDAQ:IREN Iris Energy (IREN) Stock Price, News & Analysis $6.76 +0.12 (+1.81%) Closing price 04/2/2025 04:00 PM EasternExtended Trading$6.34 -0.42 (-6.21%) As of 05:22 AM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Iris Energy Stock (NASDAQ:IREN) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Iris Energy alerts:Sign Up Key Stats Today's Range$6.41▼$6.7850-Day Range$6.07▼$13.3252-Week Range$4.15▼$15.92Volume14.71 million shsAverage Volume15.19 million shsMarket Capitalization$1.27 billionP/E RatioN/ADividend YieldN/APrice Target$20.40Consensus RatingBuy Company OverviewIris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.Read More… Remove Ads Iris Energy Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks88th Percentile Overall ScoreIREN MarketRank™: Iris Energy scored higher than 88% of companies evaluated by MarketBeat, and ranked 45th out of 273 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.5 / 5Analyst RatingBuy Consensus RatingIris Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageIris Energy has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Iris Energy's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth227.91% Earnings GrowthEarnings for Iris Energy are expected to grow by 227.91% in the coming year, from $0.43 to $1.41 per share.Price to Book Value per Share RatioIris Energy has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Iris Energy's valuation and earnings. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted10.05% of the float of Iris Energy has been sold short.Short Interest Ratio / Days to CoverIris Energy has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Iris Energy has recently decreased by 8.67%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldIris Energy does not currently pay a dividend.Dividend GrowthIris Energy does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted10.05% of the float of Iris Energy has been sold short.Short Interest Ratio / Days to CoverIris Energy has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Iris Energy has recently decreased by 8.67%, indicating that investor sentiment is improving significantly. News and Social Media2.3 / 5News Sentiment1.14 News SentimentIris Energy has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Iris Energy this week, compared to 11 articles on an average week.Search InterestOnly 25 people have searched for IREN on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.MarketBeat FollowsOnly 28 people have added Iris Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Iris Energy insiders have not sold or bought any company stock.Percentage Held by Insiders21.55% of the stock of Iris Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions41.08% of the stock of Iris Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Iris Energy's insider trading history. Receive IREN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Iris Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address IREN Stock News HeadlinesCrypto Crash Hits These 4 Blockchain Stocks—Is It Time to Buy? (IREN)The cryptocurrency market is crashing, leading to top blockchain stocks seeing dips in value. These 5 blockchain stocks are trading at new 50-day lows.March 14, 2025 | marketbeat.comIREN provides business update, strategic outlookApril 1 at 2:29 AM | markets.businessinsider.comNow I look stupid. Real stupid... I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again. April 3, 2025 | Porter & Company (Ad)IREN Business UpdateMarch 31 at 6:26 AM | globenewswire.comIREN Restatement of Previously Issued Financial StatementsMarch 21, 2025 | markets.businessinsider.comBernstein Remains a Buy on Iris Energy (IREN)March 21, 2025 | markets.businessinsider.comIREN restates previous financial statementsMarch 21, 2025 | markets.businessinsider.comIREN Wasn't On My Radar, But It Should've BeenMarch 19, 2025 | seekingalpha.comSee More Headlines IREN Stock Analysis - Frequently Asked Questions How have IREN shares performed this year? Iris Energy's stock was trading at $9.82 at the beginning of the year. Since then, IREN stock has decreased by 31.2% and is now trading at $6.76. View the best growth stocks for 2025 here. How were Iris Energy's earnings last quarter? Iris Energy Limited (NASDAQ:IREN) released its quarterly earnings results on Wednesday, February, 12th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.13. Iris Energy had a negative net margin of 17.94% and a negative trailing twelve-month return on equity of 3.98%. When did Iris Energy IPO? Iris Energy (IREN) raised $215 million in an initial public offering (IPO) on Wednesday, November 17th 2021. The company issued 8,269,231 shares at $25.00-$27.00 per share. How do I buy shares of Iris Energy? Shares of IREN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Iris Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that Iris Energy investors own include Waste Connections (WCN), AUO (AUOTY), American Water Works (AWK), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR). Company Calendar Last Earnings2/12/2025Today4/03/2025Next Earnings (Estimated)5/13/2025Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorEnergy Industry Nondepository credit institutions Sub-IndustryBanking Current SymbolNASDAQ:IREN CIK1878848 Webirisenergy.co Phone61-2-7906-8301FaxN/AEmployees100Year FoundedN/APrice Target and Rating Average Stock Price Target$20.40 High Stock Price Target$33.00 Low Stock Price Target$12.00 Potential Upside/Downside+201.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-28,950,000.00 Net Margins-17.94% Pretax Margin-15.15% Return on Equity-3.98% Return on Assets-3.33% Debt Debt-to-Equity RatioN/A Current Ratio0.94 Quick Ratio0.94 Sales & Book Value Annual Sales$283.73 million Price / Sales4.48 Cash Flow$0.06 per share Price / Cash Flow107.03 Book Value$6.85 per share Price / Book0.99Miscellaneous Outstanding Shares187,864,000Free Float147,379,000Market Cap$1.27 billion OptionableOptionable Beta3.64 A Beginner's Guide to Investing in CannabisUnlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.Get This Free Report This page (NASDAQ:IREN) was last updated on 4/3/2025 by MarketBeat.com Staff From Our PartnersTrump Allies Confirm Exec Order 14024 Triggers Dollar CollapseExecutive Order 14024 is paving the way for irreversible damage to the dollar's value—threatening your wealth,...Priority Gold | Sponsored“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank ac...Weiss Ratings | SponsoredBITCOINDid you miss out on the 1000%+ gains of Bitcoin over the past 5 years? If so, you don't want to miss this.....Awesomely, LLC | SponsoredElon Musk Confirms: Tesla’s Optimus is Replacing Workers… and Heading to MarsMusk confirmed that SpaceX's Starship will carry Optimus to Mars in 2026 as part of an autonomous mission to h...InvestorPlace | SponsoredTrump’s betrayal exposed Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to ...Porter & Company | SponsoredA market crash is coming—here’s whenThe stock market cycle I've used to identify the most likely day of the next market crash is the exact same in...Chaikin Analytics | SponsoredRetirement Nightmare? It’s Already Happening.The market is on edge. Every day, another company slashes its dividend, leaving investors scrambling. Intel...Investors Alley | SponsoredBrace Yourself for Jeff Bezos’ “Amazon Helios”Jeff Bezos quietly backing world-changing tech (not AI) The Amazon founder is quietly advancing a radical t...Stansberry Research | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Iris Energy Limited Please log in to your account or sign up in order to add this asset to your watchlist. Share Iris Energy With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.