Iris Energy Limited (IREN)

NASDAQ: IREN · IEX Real-Time Price · USD
3.77
+0.09 (2.45%)
At close: Sep 28, 2022 4:00 PM
3.72
-0.05 (-1.33%)
After-hours: Sep 28, 2022 7:59 PM EDT
2.45%
Market Cap 207.29M
Revenue (ttm) 41.01M
Net Income (ttm) -291.51M
Shares Out 54.98M
EPS (ttm) -14.01
PE Ratio n/a
Forward PE 31.55
Dividend n/a
Ex-Dividend Date n/a
Volume 183,410
Open 3.52
Previous Close 3.68
Day's Range 3.37 - 3.86
52-Week Range 2.89 - 28.25
Beta n/a
Analysts Buy
Price Target 11.29 (+199.5%)
Earnings Date Sep 13, 2022

About IREN

Iris Energy Limited operates as a bitcoin mining company. The company was incorporated in 2018 and is based in Sydney, Australia. [Read more...]

Industry Capital Markets
IPO Date Nov 17, 2021
Employees 102
Stock Exchange NASDAQ
Ticker Symbol IREN
Full Company Profile

Financial Performance

In 2022, Iris Energy's revenue was 59.05 million, an increase of 595.68% compared to the previous year's 8.49 million. Losses were -419.77 million, 595.1% more than in 2021.

Financial numbers in AUD Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for IREN stock is "Buy." The 12-month stock price forecast is 11.29, which is an increase of 199.47% from the latest price.

Price Target
$11.29
(199.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Iris Energy Increases Operating Capacity to >3.7 EH/s

Iris Energy Increases Operating Capacity to >3.7 EH/s

1 day ago - GlobeNewsWire

Iris Energy Reports Record Full Year FY22 Results

Key Highlights

2 weeks ago - GlobeNewsWire

Iris Energy Announces Monthly Investor Update for August 2022

Prince George on track for September 2022, increasing capacity to 3.7 EH/s

3 weeks ago - GlobeNewsWire

Iris Energy to Release FY22 Results and Host Conference Call on September 13, 2022

SYDNEY, Australia, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient proprietar...

4 weeks ago - GlobeNewsWire

Iris Energy Announces Monthly Investor Update for July 2022

Operating capacity doubled to >2.3 EH/s

1 month ago - GlobeNewsWire

Iris Energy Doubles Operating Capacity to >2.3 EH/s

Iris Energy Doubles Operating Capacity to >2.3 EH/s

1 month ago - GlobeNewsWire

Iris Energy Increases 2022 Miner Deliveries From 4.3 EH/s to 6.0 EH/s

SYDNEY, Australia, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient proprietar...

1 month ago - GlobeNewsWire

Iris Energy to Participate at the Canaccord Genuity 42nd Annual Growth Conference in Boston

SYDNEY, Australia, July 20, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mi...

2 months ago - GlobeNewsWire

Iris Energy Limited Announces Monthly Investor Update for June 2022

Operating guidance increased from 3.7 EH/s to 4.3 EH/s in 2022

2 months ago - GlobeNewsWire

Iris Energy Limited Provides Updated Operating & Capital Expenditure Guidance

Operating Guidance Increased from 3.7 EH/s to 4.3 EH/s in 2022

3 months ago - GlobeNewsWire

UPDATE -- Iris Energy Limited Announces Monthly Investor Update for May 2022

Record average operating hashrate of 1,165 PH/s (+12% increase)

3 months ago - GlobeNewsWire

Record average operating hashrate of 1,165 PH/s (+12% increase)

Mackenzie (1.5 EH/s) and Prince George (1.4 EH/s) remain on track for Q3 2022 Mackenzie (1.5 EH/s) and Prince George (1.4 EH/s) remain on track for Q3 2022

3 months ago - GlobeNewsWire

Iris Energy Announces CFO Appointment

SYDNEY, Australia, May 16, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional- grade inf...

4 months ago - GlobeNewsWire

Iris Energy Reports Third Quarter FY22 Results

Key Highlights

4 months ago - GlobeNewsWire

Iris Energy Limited Announces Monthly Investor Update for April 2022

Second operating site commissioned ahead of schedule at Mackenzie, BC

4 months ago - GlobeNewsWire

Iris Energy to Release Third Quarter FY22 Results and Host Conference Call on May 11, 2022

SYDNEY, Australia, May 02, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infr...

4 months ago - GlobeNewsWire

Iris Energy Announces Commissioning of First 0.3 EH/s (9MW) at Mackenzie BC, Increasing Installed Capacity Above 1.1 ...

SYDNEY, Australia, April 13, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade in...

5 months ago - GlobeNewsWire

Iris Energy Limited Announces Monthly Investor Update for March 2022

US$71 million equipment financing facility closed with NYDIG

5 months ago - GlobeNewsWire

Iris Energy Limited Announces Monthly Investor Update for February 2022

30MW increase at Mackenzie, increasing total power capacity to 795MW

6 months ago - GlobeNewsWire

Iris Energy to Participate at Upcoming Investor Conferences

SYDNEY, Australia, March 07, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional grade in...

6 months ago - GlobeNewsWire

7 Blockchain Stocks to Buy If You Are Bullish on Crypto

If you can handle the blistering risks of the market right now, these blockchain stocks may offer upside once circumstances normalize. The post 7 Blockchain Stocks to Buy If You Are Bullish on Crypto ap...

Other symbols: AMDBLKIBMMARAPYPLTSM
7 months ago - InvestorPlace

Iris Energy Reports Second Quarter Record Results

Key Highlights

7 months ago - GlobeNewsWire

Iris Energy to Release Second Quarter Results and Host Conference Call on February 9, 2022

SYDNEY, Australia, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner with 15 EH/s of secured miners, today announ...

7 months ago - GlobeNewsWire

Iris Energy Limited Announces Monthly Investor Update for January 2022

Transformational 600MW connection agreement with AEP Texas, increasing power capacity to 765MW (~22 EH/s 1 ) 8% increase in average operating hashrate to 804 PH/s

7 months ago - GlobeNewsWire