IREN Stock Overview
Iris Energy Limited owns and operates bitcoin mining data centers. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
IREN Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$12.93 |
| 52 Week High | US$15.75 |
| 52 Week Low | US$3.56 |
| Beta | 3.55 |
| 11 Month Change | 42.87% |
| 3 Month Change | 92.41% |
| 1 Year Change | 132.55% |
| 33 Year Change | -20.09% |
| 5 Year Change | n/a |
| Change since IPO | -47.12% |
Recent News & Updates
Iris Energy Limited Accelerates Expansion Amid Bitcoin Bull Market
Nov 28Companies Like Iris Energy (NASDAQ:IREN) Are In A Position To Invest In Growth
Nov 13
Recent updates
Iris Energy Limited Accelerates Expansion Amid Bitcoin Bull Market
Nov 28Companies Like Iris Energy (NASDAQ:IREN) Are In A Position To Invest In Growth
Nov 13Iris Energy: AI Optics, Still A Bitcoin Business (Rating Downgrade)
Oct 11Why Investors Shouldn't Be Surprised By Iris Energy Limited's (NASDAQ:IREN) 29% Share Price Surge
Oct 05Iris 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 11Here'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 28Shareholder Returns
| IREN | US Software | US Market | |
|---|---|---|---|
| 7D | 35.3% | 0.8% | 0.7% |
| 1Y | 132.6% | 25.6% | 32.2% |
Return vs Industry: IREN exceeded the US Software industry which returned 25.6% over the past year.
Return vs Market: IREN exceeded the US Market which returned 32.2% over the past year.
Price Volatility
| IREN volatility | |
|---|---|
| IREN Average Weekly Movement | 17.5% |
| Software Industry Average Movement | 7.5% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: IREN's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: IREN's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2018 | 144 | Will Roberts | iren.com |
Iris Energy Limited owns and operates bitcoin mining data centers. It also provides high performance computing solutions, including Al cloud services. The company was incorporated in 2018 and is headquartered in Sydney, Australia.
IREN Limited Fundamentals Summary
| IREN fundamental statistics | |
|---|---|
| Market cap | US$2.49b |
| Earnings (TTM) | -US$75.36m |
| Revenue (TTM) | US$208.75m |
12.2x
P/S Ratio-33.8x
P/E RatioIs IREN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IREN income statement (TTM) | |
|---|---|
| Revenue | US$208.75m |
| Cost of Revenue | US$25.75m |
| Gross Profit | US$183.00m |
| Other Expenses | US$258.37m |
| Earnings | -US$75.36m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.38 |
| Gross Margin | 87.67% |
| Net Profit Margin | -36.10% |
| Debt/Equity Ratio | 0% |
How did IREN perform over the long term?
See historical performance and comparison