S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
NASDAQ:IREN

Iris Energy (IREN) Stock Price, News & Analysis

$4.95
+0.27 (+5.77%)
(As of 04/19/2024 ET)
Today's Range
$4.63
$5.02
50-Day Range
$4.33
$8.30
52-Week Range
$2.79
$9.69
Volume
7.34 million shs
Average Volume
10.40 million shs
Market Capitalization
$330.17 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.00

Iris Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
142.4% Upside
$12.00 Price Target
Short Interest
Healthy
2.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.27mentions of Iris Energy in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1,000.00%
From $0.08 to $0.88 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.

3.43 out of 5 stars

Oils/Energy Sector

93rd out of 234 stocks

Nondepository Credit Institutions Industry

13th 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

Now Open: Crypto emergency update
During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
Now Open: Crypto emergency update
During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
20 EH/s expansion fully funded
What Analysts Are Saying About Iris Energy Stock
IREN Mar 2024 6.500 call
IREN Mar 2024 12.500 call
IREN Mar 2024 6.500 put
IREN Mar 2024 8.500 call
IREN Mar 2024 3.500 put
IREN Mar 2024 7.500 put
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Today
4/21/2024
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
$12.00
High Stock Price Target
$24.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+142.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 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
$330.17 million
Optionable
Optionable
Beta
3.01
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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
  • Kent Draper
    Chief Commercial Officer
  • Ms. Yvonne Martins
    Group Financial Controller

IREN Stock Analysis - Frequently Asked Questions

Should I buy or sell Iris Energy stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iris Energy in the last twelve months. There are currently 5 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?

5 brokerages have issued 12-month 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 $12.00 in the next twelve months. This suggests a possible upside of 142.4% 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 start of the year. Since then, IREN stock has decreased by 30.8% and is now trading at $4.95.
View the best growth stocks for 2024 here
.

Are investors shorting Iris Energy?

Iris Energy saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,060,000 shares, an increase of 102.0% from the March 15th total of 1,020,000 shares. Based on an average daily volume of 9,670,000 shares, the short-interest ratio is currently 0.2 days. Currently, 2.3% of the shares of the company are short sold.
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 Thursday, May 16th 2024.
View our IREN earnings forecast
.

How were Iris Energy's earnings last quarter?

Iris Energy Limited (NASDAQ:IREN) released its earnings results on Thursday, February, 15th. The company reported ($0.07) EPS for the quarter. The company earned $42.57 million during the quarter, compared to analyst estimates of $37.58 million.

When did Iris Energy IPO?

Iris Energy (IREN) raised $215 million in an IPO on Wednesday, November 17th 2021. The company issued 8,269,231 shares at a price of $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 shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.14%) and CCG Wealth Management LLC (0.02%).

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 4/21/2024 by MarketBeat.com Staff

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