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Iris Energy (IREN) Stock Price, News & Analysis

Iris Energy logo
$9.24 +0.12 (+1.32%)
Closing price 05/27/2025 04:00 PM Eastern
Extended Trading
$9.18 -0.06 (-0.65%)
As of 04:26 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Iris Energy Stock (NASDAQ:IREN)

Key Stats

Today's Range
$8.87
$9.43
50-Day Range
$5.30
$9.28
52-Week Range
$5.13
$15.92
Volume
18.86 million shs
Average Volume
16.16 million shs
Market Capitalization
$1.74 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.30
Consensus Rating
Buy

Company Overview

Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

Iris Energy Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
87th Percentile Overall Score

IREN MarketRank™: 

Iris Energy scored higher than 87% of companies evaluated by MarketBeat, and ranked 59th out of 259 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Iris Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Iris Energy has been the subject of 5 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.
  • Earnings Growth

    Earnings for Iris Energy are expected to grow by 227.91% in the coming year, from $0.43 to $1.41 per share.

  • Price to Book Value per Share Ratio

    Iris Energy has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    11.95% of the float of Iris Energy has been sold short.
  • Short Interest Ratio / Days to Cover

    Iris Energy has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Iris Energy has recently decreased by 6.28%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Iris Energy does not currently pay a dividend.

  • Dividend Growth

    Iris Energy does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    11.95% of the float of Iris Energy has been sold short.
  • Short Interest Ratio / Days to Cover

    Iris Energy has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Iris Energy has recently decreased by 6.28%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Iris Energy has a news sentiment score of 1.07. 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 is a higher news sentiment than the 0.89 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Iris Energy this week, compared to 12 articles on an average week.
  • Search Interest

    26 people have searched for IREN on MarketBeat in the last 30 days. This is an increase of 53% compared to the previous 30 days.
  • MarketBeat Follows

    12 people have added Iris Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 9% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Iris Energy insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    21.55% 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 Institutions

    41.08% 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.
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IREN Stock News Headlines

Man who predicted $100K Bitcoin sees a huge run coming for another coin …
Sure enough, Bitcoin took off on the exact day Juan said it would. It's up more than 40% since the election … surpassing $100,000 on Dec. 8 .… Now Juan believes it could hit $150,000 … or higher in 2025.
HC Wainwright Decreases Earnings Estimates for Iris Energy
Iris Energy FY2025 EPS Estimate Decreased by Roth Capital
Q2 Earnings Forecast for Iris Energy Issued By HC Wainwright
B. Riley Has Bearish Forecast for Iris Energy Q4 Earnings
See More Headlines

IREN Stock Analysis - Frequently Asked Questions

Iris Energy's stock was trading at $9.82 at the beginning of the year. Since then, IREN shares have decreased by 5.9% and is now trading at $9.24.
View the best growth stocks for 2025 here
.

Iris Energy Limited (NASDAQ:IREN) posted its earnings results on Wednesday, May, 14th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.06. The company had revenue of $148.10 million for the quarter, compared to analyst estimates of $153.38 million. Iris Energy had a negative net margin of 17.94% and a negative trailing twelve-month return on equity of 3.98%.
Read the conference call transcript
.

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.

Top institutional shareholders of Iris Energy include Jefferies Financial Group Inc., Walleye Trading LLC, Jane Street Group LLC and Jane Street Group LLC.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Iris Energy investors own include Waste Connections (WCN), AUO (AUOTY), American Water Works (AWK), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

Last Earnings
5/14/2025
Today
5/28/2025
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Energy
Industry
Nondepository credit institutions
Sub-Industry
Banking
Current Symbol
NASDAQ:IREN
Fax
N/A
Employees
100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.30
High Stock Price Target
$33.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+119.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
12 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$28.95 million
Pretax Margin
-15.15%

Debt

Sales & Book Value

Annual Sales
$372.10 million
Cash Flow
$0.09 per share
Price / Cash Flow
107.03
Book Value
$6.85 per share
Price / Book
1.35

Miscellaneous

Free Float
147,379,000
Market Cap
$1.74 billion
Optionable
Optionable
Beta
3.67
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This page (NASDAQ:IREN) was last updated on 5/28/2025 by MarketBeat.com Staff
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