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S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
All the trading advice you’ve ever received boils down to this (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
All the trading advice you’ve ever received boils down to this (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
All the trading advice you’ve ever received boils down to this (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
All the trading advice you’ve ever received boils down to this (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
All the trading advice you’ve ever received boils down to this (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
All the trading advice you’ve ever received boils down to this (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
All the trading advice you’ve ever received boils down to this (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
All the trading advice you’ve ever received boils down to this (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
All the trading advice you’ve ever received boils down to this (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled

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

$4.93
+0.09 (+1.86%)
(As of 11/30/2023 ET)
Compare
Today's Range
$4.80
$5.27
50-Day Range
$2.83
$4.84
52-Week Range
$1.02
$8.06
Volume
3.92 million shs
Average Volume
1.28 million shs
Market Capitalization
$329.17 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
124.6% Upside
$11.08 Price Target
Short Interest
Healthy
3.97% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.12mentions of Iris Energy in the last 14 days
Based on 10 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

101st out of 233 stocks

Nondepository Credit Institutions Industry

11th out of 45 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

Iris Energy Limited
Up 197% YTD, What’s Ahead for Penny Stock Iris Energy (NASDAQ:IREN)?
New CBOE “special perk” helps traders target income every weekend
You 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.
Iris Energy Target of Unusually High Options Trading (NASDAQ:IREN)
Analyst Expectations for Iris Energy's Future
New CBOE “special perk” helps traders target income every weekend
You 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.
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
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Company Calendar

Today
12/01/2023
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
+124.6%
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
$329.17 million
Optionable
Not Optionable
Beta
2.26
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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 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
.

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

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