Iris Energy Future Growth
Future criteria checks 5/6
Iris Energy is forecast to grow earnings and revenue by 67.5% and 40.3% per annum respectively. EPS is expected to grow by 71.9% per annum. Return on equity is forecast to be 16.5% in 3 years.
Key information
67.5%
Earnings growth rate
71.9%
EPS growth rate
| Software earnings growth | 15.8% |
| Revenue growth rate | 40.3% |
| Future return on equity | 16.5% |
| Analyst coverage | Good |
| Last updated | 26 Sep 2024 |
Recent future growth updates
Recent updates
Iris Energy To Benefit From Its AI Cloud Services Expansion
Sep 22Iris Energy Limited (NASDAQ:IREN) Stocks Shoot Up 25% But Its P/S Still Looks Reasonable
Jul 11
Here's Why We're Not At All Concerned With Iris Energy's (NASDAQ:IREN) Cash Burn Situation
Jun 04Market 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 28Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2027 | 1,396 | 103 | N/A | N/A | 2 |
| 6/30/2026 | 634 | 81 | 149 | 218 | 5 |
| 6/30/2025 | 470 | 94 | 22 | 250 | 8 |
| 6/30/2024 | 189 | -29 | -427 | 53 | N/A |
| 3/31/2024 | 166 | -9 | -151 | 55 | N/A |
| 12/31/2023 | 123 | -21 | -82 | 34 | N/A |
| 9/30/2023 | 99 | -96 | -96 | 20 | N/A |
| 6/30/2023 | 76 | -172 | -110 | 6 | N/A |
| 12/31/2022 | 58 | -163 | -240 | 4 | N/A |
| 9/30/2022 | 64 | -12 | N/A | N/A | N/A |
| 6/30/2022 | 59 | -420 | -273 | 22 | N/A |
| 3/31/2022 | 50 | -496 | -248 | 14 | N/A |
| 12/31/2021 | 37 | -478 | -174 | 13 | N/A |
| 9/30/2021 | 18 | -549 | N/A | N/A | N/A |
| 6/30/2021 | 8 | -60 | -79 | 2 | N/A |
| 3/31/2021 | 6 | -2 | -60 | 2 | N/A |
| 12/31/2020 | 4 | -3 | -12 | -1 | N/A |
| 9/30/2020 | 3 | -2 | -4 | -1 | N/A |
| 6/30/2020 | 2 | -2 | -5 | -1 | N/A |
| 6/30/2019 | 0 | 0 | -3 | 0 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IREN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.5%).
Earnings vs Market: IREN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: IREN is expected to become profitable in the next 3 years.
Revenue vs Market: IREN's revenue (40.3% per year) is forecast to grow faster than the US market (8.7% per year).
High Growth Revenue: IREN's revenue (40.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IREN's Return on Equity is forecast to be low in 3 years time (16.5%).