NASDAQ:IREN Iris Energy (IREN) Stock Price, News & Analysis $9.54 +0.11 (+1.17%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$9.47▼$10.1850-Day Range$6.02▼$15.0352-Week Range$2.79▼$15.75Volume11.61 million shsAverage Volume12.28 million shsMarket Capitalization$1.40 billionP/E RatioN/ADividend YieldN/APrice Target$17.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Iris Energy alerts: Email Address Iris Energy MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside86.9% Upside$17.83 Price TargetShort InterestHealthy4.22% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.56Based on 28 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.3.29 out of 5 starsOils/Energy Sector122nd out of 248 stocksNondepository Credit Institutions Industry19th out of 53 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.Amount of Analyst CoverageIris Energy has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Iris Energy's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.22% 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 0.4, 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 14.85%, 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 2.5 News and Social Media Coverage News SentimentIris Energy has a news sentiment score of 0.56. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 28 news articles for Iris Energy this week, compared to 4 articles on an average week.Search InterestOnly 46 people have searched for IREN on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows35 people have added Iris Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 2.5 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 Institutions41.08% of the stock of Iris Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Iris Energy's insider trading history. Previous Next 0.0 Earnings and Valuation Price to Book Value per Share RatioIris Energy has a P/B Ratio of 2.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Iris Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad American Hartford Gold GroupDave Ramsey Makes Big Mistake Live On AirDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.GET THE FREE GUIDE 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 HeadlinesJuly 26 at 4:22 PM | globenewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Iris Energy Limited - IRENJuly 26 at 4:38 AM | americanbankingnews.comIris Energy (NASDAQ:IREN) Receives Overweight Rating from Cantor FitzgeraldJuly 26, 2024 | American Hartford Gold Group (Ad)Dave Ramsey Makes Big Mistake Live On AirDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.July 26 at 2:57 AM | americanbankingnews.comQ4 2024 EPS Estimates for Iris Energy Limited (NASDAQ:IREN) Reduced by AnalystJuly 25 at 8:04 AM | americanbankingnews.comIris Energy (NASDAQ:IREN) Receives Buy Rating from HC WainwrightJuly 25 at 1:42 AM | americanbankingnews.comIris Energy (NASDAQ:IREN) Shares Gap Up After Analyst UpgradeJuly 24 at 7:38 PM | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Iris Energy Limited - IRENJuly 24 at 4:00 PM | globenewswire.comIris Energy Limited (IREN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsJuly 26, 2024 | American Hartford Gold Group (Ad)Dave Ramsey Makes Big Mistake Live On AirDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.July 24 at 11:11 AM | benzinga.comIris Energy Stock Price Target Raised On Bitcoin Mining Strength And Diversification Potential: CancaccordJuly 24 at 11:11 AM | msn.comWhat's Going On With Iris Energy Stock Today?July 24 at 9:20 AM | americanbankingnews.comCanaccord Genuity Group Boosts Iris Energy (NASDAQ:IREN) Price Target to $15.00July 24 at 7:23 AM | globenewswire.comIREN increases Childress power capacity from 600MW to 750MWJuly 23 at 1:16 PM | nasdaq.comLIVE: IREN Rings the Opening BellJuly 21, 2024 | americanbankingnews.comInvestors Buy High Volume of Iris Energy Call Options (NASDAQ:IREN)July 18, 2024 | globenewswire.comIris Energy Limited (IREN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsJuly 16, 2024 | globenewswire.comIREN appoints Morgan Stanley as Financial AdvisorJuly 16, 2024 | americanbankingnews.comFY2024 Earnings Forecast for Iris Energy Limited Issued By B. Riley (NASDAQ:IREN)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. Email Address Company Calendar Last Earnings5/15/2024Today7/26/2024Next Earnings (Estimated)9/11/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Nondepository credit institutions Sub-IndustryBanking Current SymbolNASDAQ:IREN CUSIPN/A CIK1878848 Webirisenergy.co Phone61-2-7906-8301FaxN/AEmployees100Year FoundedN/APrice Target and Rating Average Stock Price Target$17.83 High Stock Price Target$26.00 Low Stock Price Target$11.00 Potential Upside/Downside+78.5%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 Ratio7.47 Quick Ratio7.47 Sales & Book Value Annual Sales$75.51 million Price / Sales19.39 Cash FlowN/A Price / Cash FlowN/A Book Value$4.58 per share Price / Book2.18Miscellaneous Outstanding Shares146,580,000Free Float114,995,000Market Cap$1.46 billion OptionableOptionable Beta3.48 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. William Roberts (Age 34)Co-Founder, Co-CEO & Director Comp: $2.97MMr. Daniel Roberts (Age 40)Co-Founder, Co-CEO & Director Comp: $2.97MMs. Belinda Nucifora (Age 51)Chief Financial Officer Comp: $533.79kMr. David Shaw (Age 57)Chief Operating Officer Comp: $591.7kMs. Cesilia Kim (Age 49)Chief Legal & Risk Officer Comp: $475.35kMr. Denis Skrinnikoff (Age 40)Chief Technology Officer? Lincoln TanSenior Manager of Investor RelationsHeather MillerVice President of People, Culture & CommunityKent DraperChief Commercial OfficerMs. Yvonne MartinsGroup Financial ControllerMore ExecutivesKey CompetitorsCoastal FinancialNASDAQ:CCBMr. Cooper GroupNASDAQ:COOPCleanSparkNASDAQ:CLSKWalker & DunlopNYSE:WDRiot PlatformsNASDAQ:RIOTView All CompetitorsInstitutional OwnershipCambridge Investment Research Advisors Inc.Bought 176,451 shares on 7/26/2024Ownership: 0.128%Sumitomo Mitsui Trust Holdings Inc.Sold 41,002 shares on 7/19/2024Ownership: 0.035%Goldentree Asset Management LPBought 115,941 shares on 5/28/2024Ownership: 0.079%Tidal Investments LLCSold 2,089 shares on 5/17/2024Ownership: 0.030%Jane Street Group LLCBought 30,300 shares on 5/16/2024Ownership: 0.000%View All Institutional Transactions IREN Stock Analysis - Frequently Asked Questions How have IREN shares performed this year? Iris Energy's stock was trading at $7.15 at the start of the year. Since then, IREN shares have increased by 33.4% and is now trading at $9.54. View the best growth stocks for 2024 here. How were Iris Energy's earnings last quarter? Iris Energy Limited (NASDAQ:IREN) announced its quarterly earnings results on Wednesday, May, 15th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.12 by $0.04. The firm had revenue of $54.35 million for the quarter, compared to the consensus estimate of $58.41 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 $25.00-$27.00 per share. Who are Iris Energy's major shareholders? Iris Energy's top institutional shareholders include Cambridge Investment Research Advisors Inc. (0.13%) and Sumitomo Mitsui Trust Holdings Inc. (0.04%). How do I buy shares of Iris Energy? Shares of IREN stock can be purchased through any online brokerage account. 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