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AMZN   174.73 (-0.15%)
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NVDA   790.92 (+0.35%)
NIO   5.65 (+4.63%)
AMD   176.01 (-0.29%)
BABA   76.51 (+0.72%)
T   16.59 (-1.25%)
F   11.95 (-1.57%)
MU   89.46 (+4.02%)
CGC   3.47 (+3.27%)
GE   154.77 (+0.94%)
DIS   107.69 (-0.05%)
AMC   4.45 (+0.23%)
PFE   27.18 (-2.09%)
PYPL   59.33 (+0.29%)
XOM   104.25 (+0.39%)
QQQ   436.55 (-0.05%)
AAPL   181.16 (-0.75%)
MSFT   407.54 (-0.68%)
META   481.74 (-0.47%)
GOOGL   137.57 (-4.44%)
AMZN   174.73 (-0.15%)
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NVDA   790.92 (+0.35%)
NIO   5.65 (+4.63%)
AMD   176.01 (-0.29%)
BABA   76.51 (+0.72%)
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MU   89.46 (+4.02%)
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GE   154.77 (+0.94%)
DIS   107.69 (-0.05%)
AMC   4.45 (+0.23%)
PFE   27.18 (-2.09%)
PYPL   59.33 (+0.29%)
XOM   104.25 (+0.39%)
QQQ   436.55 (-0.05%)
AAPL   181.16 (-0.75%)
MSFT   407.54 (-0.68%)
META   481.74 (-0.47%)
GOOGL   137.57 (-4.44%)
AMZN   174.73 (-0.15%)
TSLA   199.40 (+3.87%)
NVDA   790.92 (+0.35%)
NIO   5.65 (+4.63%)
AMD   176.01 (-0.29%)
BABA   76.51 (+0.72%)
T   16.59 (-1.25%)
F   11.95 (-1.57%)
MU   89.46 (+4.02%)
CGC   3.47 (+3.27%)
GE   154.77 (+0.94%)
DIS   107.69 (-0.05%)
AMC   4.45 (+0.23%)
PFE   27.18 (-2.09%)
PYPL   59.33 (+0.29%)
XOM   104.25 (+0.39%)
NASDAQ:IREN

Iris Energy (IREN) Stock Price, News & Analysis

$6.91
+0.73 (+11.81%)
(As of 02/26/2024 ET)
Today's Range
$6.07
$7.20
50-Day Range
$3.65
$9.56
52-Week Range
$2.21
$9.69
Volume
16.73 million shs
Average Volume
7.91 million shs
Market Capitalization
$460.90 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.08

Iris Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
74.9% Upside
$12.08 Price Target
Short Interest
Bearish
5.81% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.61mentions of Iris Energy in the last 14 days
Based on 24 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7,050.00%
From $0.02 to $1.43 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.17 out of 5 stars

Oils/Energy Sector

121st out of 236 stocks

Nondepository Credit Institutions Industry

13th out of 44 stocks


IREN stock logo

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.

IREN Stock Price History

IREN Stock News Headlines

IREN provides 20 EH/s expansion update
IREN Mar 2024 9.000 call
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
IREN Feb 2024 9.500 put
IREN Feb 2024 10.000 put
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Peeling Back The Layers: Exploring Iris Energy Through Analyst Insights
5 Crypto Stocks Riding on the Hot Bitcoin Rally This Year
Top 20 Most Valuable Blockchain Companies in 2024
Smart Money Is Betting Big In IREN Options
Smart Money Is Betting Big In IREN Options
Iris Energy (IREN) to Post Q2 Earnings: What's in Store?
See More Headlines
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Company Calendar

Today
2/26/2024
Next Earnings (Estimated)
5/16/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:IREN
Fax
N/A
Employees
100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.08
High Stock Price Target
$24.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+73.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$75.51 million
Book Value
$4.58 per share

Miscellaneous

Free Float
52,328,000
Market Cap
$464.23 million
Optionable
Optionable
Beta
2.85
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Key Executives

  • Mr. William Roberts (Age 34)
    Co-Founder, Co-CEO & Director
    Comp: $2.97M
  • Mr. Daniel Roberts (Age 40)
    Co-Founder, Co-CEO & Director
    Comp: $2.97M
  • Ms. Belinda Nucifora (Age 51)
    Chief Financial Officer
    Comp: $533.79k
  • Mr. David Shaw (Age 57)
    Chief Operating Officer
    Comp: $591.7k
  • Ms. Cesilia Kim (Age 49)
    Chief Legal & Risk Officer
    Comp: $475.35k
  • Mr. Denis Skrinnikoff (Age 40)
    Chief Technology Officer?
  • Lincoln Tan
    Senior Manager of Investor Relations
  • Heather Miller
    Vice President of People, Culture & Community
  • Mr. Bom Shin
    Head of Capital Markets
  • Kent Draper
    Chief Commercial Officer














IREN Stock Analysis - Frequently Asked Questions

Should I buy or sell Iris Energy stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Iris Energy in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research 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 equities research analysts have issued 1-year price targets for Iris Energy's shares. Their IREN share price targets range from $9.00 to $24.00. On average, they anticipate the company's share price to reach $12.08 in the next year. This suggests a possible upside of 74.9% 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 2024?

Iris Energy's stock was trading at $7.15 at the beginning of 2024. Since then, IREN stock has decreased by 3.4% and is now trading at $6.91.
View the best growth stocks for 2024 here
.

When is Iris Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our IREN earnings forecast
.

When did Iris Energy IPO?

(IREN) raised $215 million in an initial public offering 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 variety of institutional and retail investors. Top institutional investors include Platinum Investment Management Ltd. (3.79%), Van ECK Associates Corp (2.23%), Vident Advisory LLC (1.85%), Mirae Asset Global Investments Co. Ltd. (1.56%), Exchange Traded Concepts LLC (0.92%) and Quarry LP (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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:IREN) was last updated on 2/26/2024 by MarketBeat.com Staff