Iris Energy Limited (IREN)

Market Cap	1.91B
Revenue (ttm)	188.76M
Net Income (ttm)	-28.96M
Shares Out	189.35M
EPS (ttm)	-0.29
PE Ratio	n/a
Forward PE	24.11
Dividend	n/a
Ex-Dividend Date	n/a

Volume	16,892,920
Open	10.71
Previous Close	10.41
Day's Range	9.90 - 10.91
52-Week Range	2.84 - 15.75
Beta	3.40
Analysts	Strong Buy
Price Target	14.90 (+47.53%)
Earnings Date	Nov 26, 2024

About IREN

Iris Energy Limited owns and operates bitcoin mining data centers. It also provides high performance computing solutions, including Al cloud services. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

• Industry: Capital Markets
• Sector: Financials
• IPO Date: Nov 17, 2021
• Employees: 144
• Stock Exchange: NASDAQ
• Ticker Symbol: IREN
• Website: https://iren.com

Financial Performance

In 2024, Iris Energy'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.

Analyst Forecast

According to 11 analysts, the average rating for IREN stock is "Strong Buy." The 12-month stock price forecast is $14.9, which is an increase of 47.53% from the latest price.

Price Target

$14.9

(47.53% upside)

Analyst Consensus: Strong Buy