S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
2 energy drink makers to wake up your portfolio
Snowflake’s bullish tailwind is turning into a gale-force wind
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
2 energy drink makers to wake up your portfolio
Snowflake’s bullish tailwind is turning into a gale-force wind
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
2 energy drink makers to wake up your portfolio
Snowflake’s bullish tailwind is turning into a gale-force wind
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
2 energy drink makers to wake up your portfolio
Snowflake’s bullish tailwind is turning into a gale-force wind

Iris Energy Stock Price, News & Analysis (NASDAQ:IREN)

$5.38
-0.19 (-3.41%)
(As of 12/4/2023 ET)
Compare
Today's Range
$5.13
$6.27
50-Day Range
$2.83
$5.57
52-Week Range
$1.02
$8.06
Volume
8.73 million shs
Average Volume
1.34 million shs
Market Capitalization
$358.85 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.08

Iris Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
106.0% Upside
$11.08 Price Target
Short Interest
Healthy
3.97% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.07mentions of Iris Energy in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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 stars

Oils/Energy Sector

95th out of 225 stocks

Nondepository Credit Institutions Industry

9th out of 46 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

Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Iris Energy Limited
Up 197% YTD, What’s Ahead for Penny Stock Iris Energy (NASDAQ:IREN)?
Iris Energy Target of Unusually High Options Trading (NASDAQ:IREN)
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Analyst Expectations for Iris Energy's Future
Iris Energy sets date for investor update call
Iris Energy reports $11.2M in Bitcoin revenue for October
Iris Energy reveals big boost in Bitcoin mining capacity
JP Morgan Upgrades Iris Energy (IREN)
Cantor Fitzgerald Keeps Their Buy Rating on Iris Energy (IREN)
Iris Energy hails record revenue in FY23
See 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.

Company Calendar

Today
12/04/2023
Next Earnings (Estimated)
12/13/2023
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
$11.08
High Stock Price Target
$24.00
Low Stock Price Target
$6.50
Potential Upside/Downside
+106.0%
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
$358.85 million
Optionable
Not Optionable
Beta
2.75
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

Key Executives

  • Mr. William Roberts (Age 33)
    Co-Founder, Co-CEO & Director
    Comp: $2.97M
  • Mr. Daniel Roberts (Age 39)
    Co-Founder, Co-CEO & Director
    Comp: $2.97M
  • Ms. Belinda Nucifora (Age 50)
    Chief Financial Officer
    Comp: $533.79k
  • Mr. David Shaw (Age 56)
    Chief Operating Officer
    Comp: $591.7k
  • Ms. Cesilia Kim (Age 48)
    Chief Legal & Risk Officer
    Comp: $475.35k
  • Mr. Denis Skrinnikoff (Age 39)
    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 research 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 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 Wall Street analysts have issued 12 month price objectives for Iris Energy's shares. Their IREN share price targets range from $6.50 to $24.00. On average, they predict the company's stock price to reach $11.08 in the next year. This suggests a possible upside of 106.0% 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 330.4% and is now trading at $5.38.
View the best growth stocks for 2023 here
.

Are investors shorting Iris Energy?

Iris Energy saw a increase in short interest in 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 daily trading volume, of 1,660,000 shares, the days-to-cover ratio is presently 1.2 days. Currently, 4.0% of the company's stock 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
.

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 variety 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 12/5/2023 by MarketBeat.com Staff

My Account -