Iris Energy Limited (IREN)
Market Cap | 2.08B |
Revenue (ttm) | n/a |
Net Income (ttm) | n/a |
Shares Out | 144.63M |
EPS (ttm) | -0.06 |
PE Ratio | n/a |
Forward PE | 20.22 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 19,877,188 |
Open | 12.44 |
Previous Close | 12.62 |
Day's Range | 12.18 - 14.51 |
52-Week Range | 2.79 - 14.95 |
Beta | 3.38 |
Analysts | Strong Buy |
Price Target | 14.00 (-2.71%) |
Earnings Date | Aug 4, 2024 |
About IREN
Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia. [Read more]
Financial Performance
In 2023, Iris Energy's revenue was 78.65 million, an increase of 33.19% compared to the previous year's 59.05 million. Losses were -171.87 million, -59.06% less than in 2022.
Financial numbers in AUD Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for IREN stock is "Strong Buy." The 12-month stock price forecast is $14.0, which is a decrease of -2.71% from the latest price.
News
![](https://cdn.snapi.dev/images/v1/n/r/press16-2504548.jpg)
Business Update
SYDNEY, July 01, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering t...
![](https://cdn.snapi.dev/images/v1/v/y/press2-2465938.jpg)
May 2024 Monthly Investor Update
SYDNEY, June 06, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, ...
![](https://cdn.snapi.dev/images/v1/j/v/press4-2433542.jpg)
IREN Reports Third Quarter FY24 Results
Achieved record revenue, Adjusted EBITDA and operating cashflow $47.9 million operating cash inflow in FY24 YTD Quarterly NPAT of $8.6 million Expansion to 30 EH/s in 2024 SYDNEY, Australia, May 15, 2...
![](https://cdn.snapi.dev/images/v1/j/r/press2-2433538.jpg)
IREN's expansion plans increased to 30 EH/s in 2024
SYDNEY, Australia, May 15, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business ...
![](https://cdn.snapi.dev/images/v1/x/p/conf4-2411865.jpg)
IREN to Release Third Quarter Results and Host Conference Call on May 15, 2024
SYDNEY, Australia, May 06, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business ...
![](https://cdn.snapi.dev/images/v1/h/w/press3-2411863.jpg)
April 2024 Monthly Investor Update
SYDNEY, Australia, May 06, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of...
![](https://cdn.snapi.dev/images/v1/n/w/press2-2396600.jpg)
Operating hashrate increased to 9 EH/s
SYDNEY, Australia, April 29, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center busines...
![](https://cdn.snapi.dev/images/v1/a/n/press4-2360615.jpg)
Poolside upsizes and extends AI Cloud Services contract
SYDNEY, Australia, April 08, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center busines...
![](https://cdn.snapi.dev/images/v1/b/y/bitcoin-halving-2356480.jpg)
Bitcoin halving: IREN mines 353 BTC in March as monthly revenue jumps
IREN (NASDAQ: IREN), a data center business specializing in Bitcoin mining, and AI, said in its monthly investor update that it successfully mined 353 Bitcoins in March.
![](https://cdn.snapi.dev/images/v1/m/c/press7-2356155.jpg)
IREN Announces Monthly Investor Update for March 2024
SYDNEY, Australia, April 04, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future ...
![](https://cdn.snapi.dev/images/v1/d/a/press18-2349427.jpg)
20 EH/s expansion fully funded
20 EH/s expansion fully funded 460MW of next-generation data centers Commencement of quarterly reporting SYDNEY, Australia, April 01, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN)...
![](https://cdn.snapi.dev/images/v1/j/j/press11-2310359.jpg)
IREN Announces Monthly Investor Update for February 2024
SYDNEY, Australia, March 06, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center busines...
![](https://cdn.snapi.dev/images/v1/f/0/press2-2292975.jpg)
IREN provides 20 EH/s expansion update
SYDNEY, Australia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (dba IREN) (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center busi...
![](https://cdn.snapi.dev/images/v1/z/m/roberto-junior-4fscbczt9h8-uns-2280197.jpg)
What's going on with Iris Energy share price?
Iris Energy, now known as IREN (NASDAQ), recently reported its second-quarter earnings for fiscal year 2024, with mixed results compared to analyst estimates. While the company's EPS of $0.01 fell sho...
![](https://cdn.snapi.dev/images/v1/t/k/press15-2279431.jpg)
Iris Energy Reports Second Quarter and Half Year FY24 Results
SYDNEY, Australia, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of next-generati...
![](https://cdn.snapi.dev/images/v1/p/z/press9-2275219.jpg)
Iris Energy Triples AI Cloud Services Business to 816 NVIDIA H100 GPUs
SYDNEY, Australia, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of next-generati...
![](https://cdn.snapi.dev/images/v1/7/d/press11-2266419.jpg)
NVIDIA H100 GPU cloud contract signed with AI company, poolside
SYDNEY, Australia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of next-generati...
![](https://cdn.snapi.dev/images/v1/q/7/press12-2263906.jpg)
Iris Energy Announces Monthly Investor Update for January 2024
Operating capacity increased to 6.2 EH/s 20 EH/s plan for 2024 SYDNEY, Australia, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner...
![](https://cdn.snapi.dev/images/v1/m/1/conf20-2254751.jpg)
Iris Energy to Release Second Quarter and Half Year FY24 Results and Host Conference Call on February 15, 2024
SYDNEY, Australia, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, or the “Company”), a leading owner and operator of institutional...
![](https://cdn.snapi.dev/images/v1/l/p/press6-2239779.jpg)
Iris Energy provides 10 EH/s expansion update
SYDNEY, Australia, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of institutional...
![](https://cdn.snapi.dev/images/v1/g/y/press2-2229934.jpg)
Iris Energy Secures Pathway to 20 EH/s in 2024 Via Miner Purchase Option
SYDNEY, Australia, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of institutional...
![](https://cdn.snapi.dev/images/v1/z/h/press17-2217835.jpg)
Iris Energy Announces Monthly Investor Update for December 2023
10 EH/s expansion fully funded Construction ahead of schedule SYDNEY, Australia, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner ...
![](https://cdn.snapi.dev/images/v1/e/p/press19-2204604.jpg)
10 EH/s Equity Raising Program Complete
NVIDIA H100 GPU Installation for Generative AI SYDNEY, Australia, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”)...
![](https://cdn.snapi.dev/images/v1/j/1/press8-2197731.jpg)
Iris Energy Increases Mining Capacity to 10 EH/s
SYDNEY, Australia, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of institutional...
![](https://cdn.snapi.dev/images/v1/z/n/press17-2185131.jpg)
Iris Energy Announces Monthly Investor Update for November 2023
Expansion on track to 10 EH/s New 1,400MW data center development site in West Texas SYDNEY, Australia, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Comp...