IREN Limited (IREN)

NASDAQ: IREN · Real-Time Price · USD
11.81
+0.40 (3.46%)
At close: Dec 20, 2024, 4:00 PM
12.00
+0.19 (1.61%)
After-hours: Dec 20, 2024, 7:59 PM EST
3.46%
Market Cap 2.53B
Revenue (ttm) 208.75M
Net Income (ttm) -75.36M
Shares Out 214.41M
EPS (ttm) -0.58
PE Ratio n/a
Forward PE 17.37
Dividend n/a
Ex-Dividend Date n/a
Volume 13,065,371
Open 11.12
Previous Close 11.42
Day's Range 11.05 - 12.12
52-Week Range 3.56 - 15.92
Beta 3.55
Analysts Strong Buy
Price Target 17.64 (+49.37%)
Earnings Date Feb 13, 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]

Industry Capital Markets
Sector Financials
IPO Date Nov 17, 2021
Employees 144
Stock Exchange NASDAQ
Ticker Symbol IREN
Full Company Profile

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 Statements

Analyst Forecast

According to 12 analysts, the average rating for IREN stock is "Strong Buy." The 12-month stock price forecast is $17.64, which is an increase of 49.37% from the latest price.

Price Target
$17.64
(49.37% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

14 days ago - GlobeNewsWire

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.

15 days ago - GlobeNewsWire

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...

16 days ago - Accesswire

SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Iris Energy

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Iris Energy To Contact Him Directly To Discuss Their Options If you...

16 days ago - PRNewsWire

Iris Energy Limited Sued for Securities Law Violations - Contact The Gross Law Firm Before December 6, 2024 to Discuss Your Rights - IREN

NEW YORK , Dec. 5, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Iris Energy Limited (NASDAQ: IREN). Shareholders who purchased shares of IREN during the class...

16 days ago - PRNewsWire

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...

16 days ago - Accesswire

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...

17 days ago - GlobeNewsWire

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 ...

17 days ago - GlobeNewsWire

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...

17 days ago - Accesswire

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...

18 days ago - GlobeNewsWire

Iris Energy Limited Investors: Please contact the Portnoy Law Firm to recover your losses. December 6, 2024 Deadline to file Lead Plaintiff Motion

Investors can contact the law firm at no cost to learn more about recovering their losses Investors can contact the law firm at no cost to learn more about recovering their losses

18 days ago - GlobeNewsWire

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...

19 days ago - Accesswire

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...

19 days ago - GlobeNewsWire

The Schall Law Firm Invites Shareholder Contributions To A Securities Fraud Case Against Iris Energy Limited

LOS ANGELES, CA / ACCESSWIRE / December 1, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" or...

19 days ago - Accesswire

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...

21 days ago - Accesswire

The Schall Law Firm Invites Stockholder Participation In A Securities Fraud Case Against Iris Energy Limited

LOS ANGELES, CA / ACCESSWIRE / November 29, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" o...

22 days ago - Accesswire

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...

23 days ago - Seeking Alpha

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...

23 days ago - Seeking Alpha

These Analysts Boost Their Forecasts On Iris Energy Following Q1 Results

Iris Energy Ltd IREN released results for the first quarter on Tuesday.

23 days ago - Benzinga

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...

24 days ago - GlobeNewsWire

The Schall Law Firm Invites Shareholder Contributions To A Fraud Case Against Iris Energy Limited

LOS ANGELES, CA / ACCESSWIRE / November 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" o...

25 days ago - Accesswire

Iris Energy Limited Is Being Sued For Violating Securities Regulations And Affected Investors Are Urged To Contact The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / November 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" o...

26 days ago - Accesswire

Iris Energy Limited Is Being Sued For Violating Securities Laws And Affected Investors Are Encouraged To Help The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / November 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" o...

4 weeks ago - Accesswire

The Schall Law Firm Invites Shareholders With Losses To Join A Securities Fraud Case Against Iris Energy Limited

LOS ANGELES, CA / ACCESSWIRE / November 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" o...

4 weeks ago - Accesswire

The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of December 6, 2024 in Iris Energy Lawsuit - IREN

NEW YORK , Nov. 22, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Iris Energy Limited (NASDAQ: IREN). Shareholders who purchased shares of IREN during the clas...

4 weeks ago - PRNewsWire