IREN Stock Overview
Iris Energy Limited owns and operates bitcoin mining data centers.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Iris Energy Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$5.57 |
| 52 Week High | US$8.06 |
| 52 Week Low | US$1.02 |
| Beta | 2.27 |
| 1 Month Change | 59.60% |
| 3 Month Change | 26.30% |
| 1 Year Change | 245.96% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -77.22% |
Recent News & Updates
Recent updates
Is Iris Energy (NASDAQ:IREN) In A Good Position To Invest In Growth?
Oct 06
Even 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 | 46.6% | 1.8% | 1.1% |
| 1Y | 246.0% | 44.9% | 11.7% |
Return vs Industry: IREN exceeded the US Software industry which returned 44.9% over the past year.
Return vs Market: IREN exceeded the US Market which returned 11.7% over the past year.
Price Volatility
| IREN volatility | |
|---|---|
| IREN Average Weekly Movement | 14.6% |
| Software Industry Average Movement | 7.4% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: IREN is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: IREN's weekly volatility (15%) 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 | https://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$373.69m |
| Earnings (TTM) | -US$171.87m |
| Revenue (TTM) | US$75.51m |
4.9x
P/S Ratio-2.2x
P/E RatioIs IREN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IREN income statement (TTM) | |
|---|---|
| Revenue | US$75.51m |
| Cost of Revenue | US$17.90m |
| Gross Profit | US$57.61m |
| Other Expenses | US$229.48m |
| Earnings | -US$171.87m |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.56 |
| Gross Margin | 76.30% |
| Net Profit Margin | -227.62% |
| Debt/Equity Ratio | 0% |
How did IREN perform over the long term?
See historical performance and comparison