IREN Limited (IREN)
Market Cap | 2.38B |
Revenue (ttm) | 285.77M |
Net Income (ttm) | -51.25M |
Shares Out | 218.94M |
EPS (ttm) | -0.31 |
PE Ratio | n/a |
Forward PE | 11.22 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 18,302,008 |
Open | 12.57 |
Previous Close | 12.36 |
Day's Range | 10.82 - 12.74 |
52-Week Range | 4.15 - 15.92 |
Beta | 3.61 |
Analysts | Strong Buy |
Price Target | 18.73 (+72.15%) |
Earnings Date | Feb 12, 2025 |
About IREN
IREN Limited owns and operates bitcoin mining data centers. It also provides high performance computing solutions, including Al cloud services. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. IREN Limited was incorporated in 2018 and is headquartered in Sydney, Australia. [Read more]
Financial Performance
In 2024, IREN Limited's revenue was $188.76 million, an increase of 149.98% compared to the previous year's $75.51 million. Losses were -$28.96 million, -83.15% less than in 2023.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for IREN stock is "Strong Buy." The 12-month stock price forecast is $18.73, which is an increase of 72.15% from the latest price.
News
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IREN Limited (IREN) Q2 2025 Earnings Call Transcript
IREN Limited (NASDAQ:IREN) Q2 2025 Earnings Conference Call February 12, 2025 5:00 PM ET Company Participants Lincoln Tan - Director of IR Daniel Roberts - Co-Founder and Co-CEO Belinda Nucifora - CF...
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IREN Reports Q2 FY25 Results
Record Revenue, $53.7m Operating Cashflow, $18.9m NPAT 75MW Liquid-Cooled Childress Data Center for AI / HPC (“Horizon 1”) Developing New 600MW Sweetwater 2 Site SYDNEY, Feb. 12, 2025 (GLOBE NEWSWIRE)...
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IREN January 2025 Monthly Update
SYDNEY, Feb. 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for January 2025.
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IREN to Release Q2 FY25 Results on February 12, 2025
SYDNEY, Feb. 03, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, "IREN") today announced that it will release its financial results for the three and six-months e...
Bitcoin miners try to rebound from choppy market
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the mixed recovery for bitcoin miners.
Cantor Fitzgerald's Brett Knoblauch on how Stargate could be a bullish opportunity for crypto miners
Brett Knoblauch, Cantor Fitzgerald head of digital asset research, joins 'Power Lunch' to discuss the energy needed to power AI in Stargate deal and the winners from it.
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IREN Business Update
57 EH/s, direct-to-chip liquid cooling, 1.4GW Sweetwater project & multi-gigawatt pipeline 57 EH/s, direct-to-chip liquid cooling, 1.4GW Sweetwater project & multi-gigawatt pipeline
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IREN December 2024 Monthly Update
SYDNEY, Jan. 07, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for December 2024.
Bitcoin, crypto stocks slide after post-election rally
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the slide in crypto and bitcoin.
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IREN Achieves 31 EH/s Year-End Target
SYDNEY, Dec. 23, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”) today announced it has reached its year-end target of 31 EH/s installed ...
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IREN closes $440 million convertible notes offering
SYDNEY, Dec. 06, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced the closing of its offering of $440 million aggregate principal amount of 3.25% convert...
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IREN November 2024 Monthly Investor Update
SYDNEY, Dec. 06, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly investor update for November 2024.
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DEADLINE TOMORROW: The Schall Law Firm Invites Shareholder Participation In A Fraud Case Against Iris Energy Limited
LOS ANGELES, CA / ACCESSWIRE / December 5, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" or...
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Iris Energy Limited Is Being Sued For Violating Securities Laws And Impacted Investors Are Encouraged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / December 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" or...
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IREN prices upsized $400 million convertible notes offering
SYDNEY, Dec. 04, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced the pricing of its offering of $400 million aggregate principal amount of 3.25% convert...
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IREN announces proposed convertible notes offering
SYDNEY, Dec. 03, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced its intention to offer, subject to market and other conditions, $300 million aggregate ...
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The Schall Law Firm Invites Stockholder Contributions To A Fraud Case Against Iris Energy Limited
LOS ANGELES, CA / ACCESSWIRE / December 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" or...
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DEADLINE THIS WEEK: Berger Montague Advises Iris Energy Limited (NASDAQ: IREN) Investors to Contact the Firm Before December 6, 2024
PHILADELPHIA, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Nationally recognized law firm Berger Montague PC informs investors that a lawsuit was filed against Iris Energy Limited (“Iris” or the “Company”) (NASD...
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Iris Energy Limited Is Being Sued For Violating Securities Laws And Investors With Losses Are Urged To Contact The Schall Law Firm
The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" or "the Company") (NASDAQ:IREN) for violations of 10...
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IREN capacity increased by 33% to 28 EH/s
Childress Phase 3 substation energized On-track for 31 EH/s this month SYDNEY, Dec. 02, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”) t...
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Iris Energy Limited Is Being Sued For Violating Securities Laws And Investors With Losses Are Encouraged To Assist The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / November 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" o...
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Iris Energy Limited Accelerates Expansion Amid Bitcoin Bull Market
Iris Energy Limited leverages 100% renewable energy for Bitcoin mining and AI/HPC services, prioritizing sustainability and scalability for future growth. The company is accelerating Bitcoin mining ca...
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Iris Energy Limited (IREN) Q1 2025 Earnings Call Transcript
Iris Energy Limited (NASDAQ:IREN) Q1 2025 Earnings Conference Call November 26, 2024 5:00 PM ET Company Participants Lincoln Tan - Director of IR Daniel Roberts - Co-Founder and Co-CEO Belinda Nucifo...
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These Analysts Boost Their Forecasts On Iris Energy Following Q1 Results
Iris Energy Ltd IREN released results for the first quarter on Tuesday.
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IREN Reports Q1 FY25 Results
50 EH/s expansion accelerated to H1 2025 Focused on alternative funding instruments Potential for investor distributions in 2025 Transition to U.S. domestic issuer SYDNEY, Nov. 26, 2024 (GLOBE NEWSWIR...