Iris Energy Limited (IREN)

Market Cap	373.69M
Revenue (ttm)	54.24M
Net Income (ttm)	-118.53M
Shares Out	67.09M
EPS (ttm)	-209.32
PE Ratio	n/a
Forward PE	31.55
Dividend	n/a
Ex-Dividend Date	n/a

Volume	5,647,436
Open	5.11
Previous Close	4.94
Day's Range	4.88 - 5.71
52-Week Range	1.02 - 8.06
Beta	2.28
Analysts	Strong Buy
Price Target	8.92 (+60.14%)
Earnings Date	Dec 12, 2023

About IREN

Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

• Industry: Capital Markets
• Sector: Financials
• IPO Date: Nov 17, 2021
• Employees: 100
• Stock Exchange: NASDAQ
• Ticker Symbol: IREN

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

Analyst Forecast

According to 6 analysts, the average rating for IREN stock is "Strong Buy." The 12-month stock price forecast is $8.92, which is an increase of 60.14% from the latest price.

Price Target

$8.92

(60.14% upside)

Analyst Consensus: Strong Buy