Iris Energy Stock Price, News & Analysis (NASDAQ:IREN) $4.93 +0.09 (+1.86%) (As of 11/30/2023 ET) Add Compare Share Share Today's Range$4.80▼$5.2750-Day Range$2.83▼$4.8452-Week Range$1.02▼$8.06Volume3.92 million shsAverage Volume1.28 million shsMarket Capitalization$329.17 millionP/E RatioN/ADividend YieldN/APrice Target$11.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Iris Energy MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside124.6% Upside$11.08 Price TargetShort InterestHealthy3.97% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.12Based on 10 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.33 out of 5 starsOils/Energy Sector101st out of 233 stocksNondepository Credit Institutions Industry11th out of 45 stocks 4.5 Analyst's Opinion Consensus RatingIris Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.08, Iris Energy has a forecasted upside of 124.6% from its current price of $4.94.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. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.97% 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 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Iris Energy has recently increased by 24.38%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldIris Energy does not currently pay a dividend.Dividend GrowthIris Energy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IREN. Previous Next 2.8 News and Social Media Coverage News SentimentIris Energy has a news sentiment score of 0.12. 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 lower news sentiment than the 0.48 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Iris Energy this week, compared to 3 articles on an average week.Search Interest10 people have searched for IREN on MarketBeat in the last 30 days. This is an increase of 43% compared to the previous 30 days.MarketBeat Follows8 people have added Iris Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership 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 InstitutionsOnly 21.52% of the stock of Iris Energy is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Book Value per Share RatioIris Energy has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Iris Energy Stock (NASDAQ:IREN)Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.Read More IREN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IREN Stock News HeadlinesNovember 28, 2023 | thestreet.comIris Energy LimitedNovember 27, 2023 | markets.businessinsider.comUp 197% YTD, What’s Ahead for Penny Stock Iris Energy (NASDAQ:IREN)?December 1, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 27, 2023 | americanbankingnews.comQ1 2024 Earnings Forecast for Iris Energy Limited Issued By HC Wainwright (NASDAQ:IREN)November 25, 2023 | americanbankingnews.comIris Energy Target of Unusually High Options Trading (NASDAQ:IREN)November 23, 2023 | americanbankingnews.comIris Energy (NASDAQ:IREN) Price Target Lowered to $10.00 at HC WainwrightNovember 23, 2023 | markets.businessinsider.comStrong Growth Potential and Operational Efficiency Bolsters Buy Rating for Iris Energy (IREN)November 22, 2023 | markets.businessinsider.comAnalyst Expectations for Iris Energy's FutureDecember 1, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 17, 2023 | proactiveinvestors.comIris Energy sets date for investor update callNovember 17, 2023 | finance.yahoo.comIris Energy to Host an Investor Update Call on November 21, 2023November 7, 2023 | proactiveinvestors.comIris Energy reports $11.2M in Bitcoin revenue for OctoberNovember 7, 2023 | finance.yahoo.comIris Energy Announces Monthly Investor Update for October 2023October 11, 2023 | proactiveinvestors.comIris Energy reveals big boost in Bitcoin mining capacityOctober 11, 2023 | msn.comJP Morgan Upgrades Iris Energy (IREN)October 11, 2023 | msn.comBoeing called a buy after Q3 delivery numbers: 5 big analyst picksOctober 10, 2023 | markets.businessinsider.comCantor Fitzgerald Keeps Their Buy Rating on Iris Energy (IREN)October 7, 2023 | msn.comIris Energy expands mining capabilities ahead of Bitcoin halvingOctober 6, 2023 | finance.yahoo.comIris Energy Increases Mining Capacity by 25% to 7.0 EH/sOctober 5, 2023 | proactiveinvestors.comIris Energy steadily advancing 80MW expansion at Childress bitcoin mining operationOctober 5, 2023 | finance.yahoo.comHere's Why Iris Energy Limited (IREN) Could be Great Choice for a Bottom FisherOctober 5, 2023 | finance.yahoo.comIris Energy Announces Monthly Investor Update for September 2023September 18, 2023 | finance.yahoo.comIris Energy hails record revenue in FY23September 16, 2023 | msn.comHC Wainwright & Co. Maintains Iris Energy (IREN) Buy RecommendationSeptember 16, 2023 | finance.yahoo.comCompanies Like Iris Energy (NASDAQ:IREN) Are In A Position To Invest In GrowthSeptember 15, 2023 | seekingalpha.comIris: Good Cash Generation And Energy Advantages Becoming ApparentSeptember 14, 2023 | marketwatch.comIris Energy Shares Gain 12% After Company Reports FY23 ResultsSee More Headlines 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 Company Calendar Today12/01/2023Next Earnings (Estimated)12/13/2023Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Nondepository credit institutions Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:IREN CUSIPN/A CIK1878848 Webirisenergy.co Phone61-2-7906-8301FaxN/AEmployees100Year FoundedN/APrice Target and Rating Average Stock Price Target$11.08 High Stock Price Target$24.00 Low Stock Price Target$6.50 Potential Upside/Downside+124.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current Ratio3.72 Quick Ratio3.72 Sales & Book Value Annual Sales$75.51 million Price / Sales4.36 Cash FlowN/A Price / Cash FlowN/A Book Value$4.58 per share Price / Book1.08Miscellaneous Outstanding Shares66,702,000Free Float52,328,000Market Cap$329.17 million OptionableNot Optionable Beta2.26 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. William Roberts (Age 33)Co-Founder, Co-CEO & Director Comp: $2.97MMr. Daniel Roberts (Age 39)Co-Founder, Co-CEO & Director Comp: $2.97MMs. Belinda Nucifora (Age 50)Chief Financial Officer Comp: $533.79kMr. David Shaw (Age 56)Chief Operating Officer Comp: $591.7kMs. Cesilia Kim (Age 48)Chief Legal & Risk Officer Comp: $475.35kMr. Denis Skrinnikoff (Age 39)Chief Technology Officer? Lincoln TanSenior Manager of Investor RelationsHeather MillerVice President of People, Culture & CommunityMr. Bom ShinHead of Capital MarketsKent DraperChief Commercial OfficerMore ExecutivesKey CompetitorsTeraWulfNASDAQ:WULFEnergy VaultNYSE:NRGVMatrix ServiceNASDAQ:MTRXSan Juan Basin Royalty TrustNYSE:SJTFutureFuelNYSE:FFView All CompetitorsInstitutional OwnershipWalleye Capital LLCBought 3,579 shares on 11/21/2023Ownership: 0.029%Regal Partners LtdSold 120,000 shares on 11/15/2023Ownership: 1.950%Toroso Investments LLCBought 12,309 shares on 11/15/2023Ownership: 0.018%Qube Research & Technologies LtdBought 186,420 shares on 11/14/2023Ownership: 0.305%Invesco Ltd.Sold 4,050 shares on 11/13/2023Ownership: 0.079%View All Institutional Transactions IREN Stock Analysis - Frequently Asked Questions Should I buy or sell Iris Energy stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iris Energy in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IREN shares. View IREN analyst ratings or view top-rated stocks. What is Iris Energy's stock price target for 2024? 6 analysts have issued twelve-month price objectives for Iris Energy's stock. Their IREN share price targets range from $6.50 to $24.00. On average, they expect the company's share price to reach $11.08 in the next year. This suggests a possible upside of 124.6% from the stock's current price. View analysts price targets for IREN or view top-rated stocks among Wall Street analysts. How have IREN shares performed in 2023? Iris Energy's stock was trading at $1.25 at the beginning of 2023. Since then, IREN stock has increased by 294.8% and is now trading at $4.9350. View the best growth stocks for 2023 here. Are investors shorting Iris Energy? Iris Energy saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 1,990,000 shares, an increase of 24.4% from the October 31st total of 1,600,000 shares. Based on an average trading volume of 1,660,000 shares, the days-to-cover ratio is presently 1.2 days. Currently, 4.0% of the shares of the company are sold short. View Iris Energy's Short Interest. When is Iris Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 13th 2023. View our IREN earnings forecast. What ETFs hold Iris Energy's stock? ETFs with the largest weight of Iris Energy (NASDAQ:IREN) stock in their portfolio include Valkyrie Bitcoin Miners ETF (WGMI), Grayscale Future of Finance ETF (GFOF), VanEck Digital Transformation ETF (DAPP), VanEck Digital Assets Mining ETF (DAM), Invesco Alerian Galaxy Crypto Economy ETF (SATO), Global X Blockchain ETF (BKCH), Bitwise Crypto Industry Innovators ETF (BITQ) and Fidelity Crypto Industry and Digital Payments ETF (FDIG). When did Iris Energy IPO? (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. Who are Iris Energy's major shareholders? Iris Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include Platinum Investment Management Ltd. (3.91%), Regal Partners Ltd (1.95%), Van ECK Associates Corp (1.68%), Mirae Asset Global Investments Co. Ltd. (1.02%), Exchange Traded Concepts LLC (0.63%) and Simplex Trading LLC (0.00%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:IREN) was last updated on 12/1/2023 by MarketBeat.com Staff 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial 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: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: 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.