Iris Energy Limited Ordinary Shares/IREN

$5.60

1.63%
-
1D1W1MYTD1YMAX

About Iris Energy Limited Ordinary Shares

Iris Energy Limited is an Australia-based sustainable Bitcoin mining company that supports the decarbonization of energy markets and the global Bitcoin network. It owns and operates Bitcoin mining data centers powered by 100% renewable energy. The Company exchanges all the Bitcoin it mines for fiat currency on the Kraken exchange or via its over-the-counter trading desk on a daily basis. The Company's data center mining facilities are located in Canal Flats, Mackenzie, Prince George and Childress. Canal Flats is in the Canadian Rockies, approximately 100 kilometers (km) from Cranbrook regional airport and 500 km east of Vancouver. Mackenzie is historically a major lumber town with a regional airport located approximately 670 km north of Vancouver and 170 km north of Prince George. Prince George is located approximately 500 km north of Vancouver. Childress is located in Childress County, Texas approximately 250 miles northwest of Dallas.

Ticker

IREN

Sector

Technology

Trading on

NASDAQ

Industry

Computer Services

CEO

Employees

100

Headquarters

Sydney, Australia

IREN Metrics

BasicAdvanced
$543.99M
Market cap
-
P/E ratio
-
EPS
-
Beta
-
Dividend rate
$543.99M
$9.69
$2.79
9.93M
3.376
0.301
0.356
0.87
1.425
226.27%

What the Analysts think about IREN

Analyst Ratings

Majority rating from 7 analysts.
Buy

Price Targets

Average projection from 6 analysts.
99.46% upside
High $18.50
Low $9.00
$5.60
Current price
$11.17
Average price target

IREN Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-12.23% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
$42.5M
-43.71%
Net income
$-5.2M
-96.97%
Profit margin
-12.23%
-94.63%

IREN Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 2,236.21%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.34
-$2.71
-
-
-
Expected
-$0.13
-$0.12
-$0.25
-$0.15
-$0.11
Surprise
157.58%
2,236.21%
-
-
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Iris Energy Limited Ordinary Shares stock?

Iris Energy Limited Ordinary Shares (IREN) has a market cap of $543.99M as of April 23, 2024.

What is the P/E ratio for Iris Energy Limited Ordinary Shares stock?

The price to earnings (P/E) ratio for Iris Energy Limited Ordinary Shares (IREN) stock is 0 as of April 23, 2024.

Does Iris Energy Limited Ordinary Shares stock pay dividends?

No, Iris Energy Limited Ordinary Shares (IREN) stock does not pay dividends to its shareholders as of April 23, 2024.

When is the next Iris Energy Limited Ordinary Shares dividend payment date?

Iris Energy Limited Ordinary Shares (IREN) stock does not pay dividends to its shareholders.

What is the beta indicator for Iris Energy Limited Ordinary Shares?

Iris Energy Limited Ordinary Shares (IREN) does not currently have a Beta indicator.

What is the Iris Energy Limited Ordinary Shares stock price target?

The target price for Iris Energy Limited Ordinary Shares (IREN) stock is $11.17, which is 100.18% above the current price of $5.58. This is an average based on projections from 6 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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