Iris Energy Future Growth
Future criteria checks 6/6
Iris Energy is forecast to grow earnings and revenue by 110.2% and 57.2% per annum respectively. EPS is expected to grow by 114.5% per annum. Return on equity is forecast to be 33.5% in 3 years.
Key information
110.2%
Earnings growth rate
114.5%
EPS growth rate
| Software earnings growth | 15.7% |
| Revenue growth rate | 57.2% |
| Future return on equity | 33.5% |
| Analyst coverage | Good |
| Last updated | 10 Apr 2024 |
Recent future growth updates
Recent updates
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 22
Iris 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 |
|---|---|---|---|---|---|
| 6/30/2026 | 552 | 56 | 212 | 232 | 3 |
| 6/30/2025 | 403 | 56 | 59 | 207 | 6 |
| 6/30/2024 | 186 | -7 | -254 | 73 | 7 |
| 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 (2.3%).
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 (57.2% per year) is forecast to grow faster than the US market (8.1% per year).
High Growth Revenue: IREN's revenue (57.2% 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 high in 3 years time (33.5%)