| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 6/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Iris Energy Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$7.40 |
| 52 Week High | US$9.69 |
| 52 Week Low | US$2.79 |
| Beta | 3.06 |
| 1 Month Change | 49.49% |
| 3 Month Change | 11.45% |
| 1 Year Change | 96.81% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -69.73% |
Recent News & Updates
Market Participants Recognise Iris Energy Limited's (NASDAQ:IREN) Revenues
Apr 29
The Impact Of AI On Iris Energy's Bitcoin Mining Success
Apr 22Iris Energy Limited (NASDAQ:IREN) Shares Could Be 50% Below Their Intrinsic Value Estimate
Mar 22Recent updates
Market Participants Recognise Iris Energy Limited's (NASDAQ:IREN) Revenues
Apr 29The Impact Of AI On Iris Energy's Bitcoin Mining Success
Apr 22Iris Energy Limited (NASDAQ:IREN) Shares Could Be 50% Below Their Intrinsic Value Estimate
Mar 22Iris Energy: Deprived Of Any Investment Value Position
Jan 22We're Not Very Worried About Iris Energy's (NASDAQ:IREN) Cash Burn Rate
Jan 20Market Participants Recognise Iris Energy Limited's (NASDAQ:IREN) Revenues Pushing Shares 136% Higher
Dec 24Is Iris Energy (NASDAQ:IREN) In A Good Position To Invest In Growth?
Oct 06Even With A 52% Surge, Cautious Investors Are Not Rewarding Iris Energy Limited's (NASDAQ:IREN) Performance Completely
Apr 17Returns At Iris Energy (NASDAQ:IREN) Are On The Way Up
Jan 04Iris Energy mines 8% more bitcoins in September, while hashrate climbs 24%
Oct 07Iris Energy Limited (NASDAQ:IREN) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Sep 16Iris Energy reports FY results
Sep 13Iris Energy reports 96% M/M surge in Bitcoins mined in August
Sep 07Iris Energy resumed with Buy rating at Citi as high-risk on bitcoin rout
Aug 23Iris Energy gains on doubling operating capacity to more than 2.3 EH/s
Aug 08Iris Energy stock perks up after boosting mining capacity in Bitmain deal
Aug 01Buy Iris Energy, Get Bitcoin Mining For Free
Jun 23Iris Energy Limited: A Way To Play Bitcoin's Eventual Turnaround
May 18Iris Energy: An ESG-Friendly Bitcoin Miner On A Clear Expansion Path
Feb 28Shareholder Returns
| IREN | US Software | US Market | |
|---|---|---|---|
| 7D | 52.0% | 3.3% | 1.7% |
| 1Y | 96.8% | 33.7% | 26.0% |
Return vs Industry: IREN exceeded the US Software industry which returned 33.7% over the past year.
Return vs Market: IREN exceeded the US Market which returned 26% over the past year.
Price Volatility
| IREN volatility | |
|---|---|
| IREN Average Weekly Movement | 15.8% |
| Software Industry Average Movement | 7.4% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: IREN's share price has been volatile over the past 3 months.
Volatility Over Time: IREN's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2018 | 100 | Will Roberts | irisenergy.co |
Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.
Iris Energy Limited Fundamentals Summary
| IREN fundamental statistics | |
|---|---|
| Market cap | US$897.36m |
| Earnings (TTM) | -US$8.81m |
| Revenue (TTM) | US$159.16m |
6.6x
P/S Ratio-118.5x
P/E RatioIs IREN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IREN income statement (TTM) | |
|---|---|
| Revenue | US$159.16m |
| Cost of Revenue | US$19.60m |
| Gross Profit | US$139.56m |
| Other Expenses | US$148.37m |
| Earnings | -US$8.81m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.062 |
| Gross Margin | 87.68% |
| Net Profit Margin | -5.54% |
| Debt/Equity Ratio | 0% |
How did IREN perform over the long term?
See historical performance and comparison