Iris Energy Limited (IREN)
| Market Cap | 331.09M |
| Revenue (ttm) | 54.24M |
| Net Income (ttm) | -118.53M |
| Shares Out | 67.09M |
| EPS (ttm) | -207.23 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,945,206 |
| Open | 4.97 |
| Previous Close | 4.84 |
| Day's Range | 4.80 - 5.27 |
| 52-Week Range | 1.02 - 8.06 |
| Beta | 2.28 |
| Analysts | Strong Buy |
| Price Target | 8.92 (+80.75%) |
| 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. [Read more]
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 Financial StatementsAnalyst 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 80.75% from the latest price.
News
Iris Energy Increases Mining Capacity to 8.3 EH/s
Expansion on track to 10 EH/s SYDNEY, Australia, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner...
Iris Energy to Host an Investor Update Call on November 21, 2023
SYDNEY, Australia, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, or the “Company”), a leading owner and operator of institutional...
Iris Energy Announces Monthly Investor Update for October 2023
Partnership with WEKA to optimize generative AI workloads Near-term expansion on track to 9.4 EH/s SYDNEY, Australia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy...
Iris Energy Partners with WEKA to Optimize Generative AI Workloads
SYDNEY, Australia, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of institutional...
Iris Energy Increases Mining Capacity by 25% to 7.0 EH/s
SYDNEY, Australia, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of institutional...
Iris Energy Announces Monthly Investor Update for September 2023
Low-cost power, 30 EH/s Bitcoin mining program 80MW expansion at Childress on track SYDNEY, Australia, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Compa...
Iris Energy Reports Full Year FY23 Results
SYDNEY, Australia, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of institutiona...
Iris Energy to Release FY23 Results and Host Conference Call on September 13, 2023
SYDNEY, Australia, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, or the “Company”), a leading owner and operator of institutiona...
Iris Energy Announces Monthly Investor Update for August 2023
Negative 8c Power at Childress in August Targeting Next-Gen Compute and Generative AI with NVIDIA H100 GPUs SYDNEY, Australia, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("I...
Iris Energy Purchases NVIDIA H100 GPUs to Target Generative AI
SYDNEY, Australia, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, or the “Company”), a leading owner and operator of institutional...
Limited recourse equipment financing update
SYDNEY, Australia, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient Bitcoin ...
Iris Energy Announces Monthly Investor Update for July 2023
Record data center operations at 111°F (44°C) Appointment of Sunita Parasuraman to Board of Directors SYDNEY, Australia, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Ene...
Iris Energy Announces Appointment of Sunita Parasuraman to Board of Directors
SYDNEY, Australia, July 18, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient Bitcoin ...
Iris Energy Announces Monthly Investor Update for June 2023
Further validation of revitalized HPC strategy Record operating hashrate of 5.6 EH/s Expansion plan to 9.1 EH/s SYDNEY, Australia, July 07, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ...
Iris Energy Announces 9.1 EH/s Expansion Plan and Revitalization of HPC Strategy
SYDNEY, Australia, June 20, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of i...
Iris Energy Announces Monthly Investor Update for May 2023
Average operating capacity increased by 39% to 5.5 EH/s Fully-funded expansion to 6.5 EH/s underway New auditor appointed SYDNEY, Australia, June 06, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASD...
Iris Energy Announces Appointment of New Accounting Firm
SYDNEY, Australia, May 22, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of in...
Iris Energy Announces Monthly Investor Update for April 2023
Increase in self-mining capacity to 5.5 EH/s complete First 20MW Childress data center operational Investor update call to be held on May 10 SYDNEY, Australia, May 05, 2023 (GLOBE NEWSWIRE) -- Iris En...
Iris Energy to Provide Investor Update on May 10, 2023
SYDNEY, Australia, May 03, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient Bitcoin m...
Iris Energy provides 5.5 EH/s installation update
5.2 EH/s operating, remaining 0.3 EH/s pending installation First 20MW Childress data center operational
Iris Energy Announces Monthly Investor Update for March 2023
Operating capacity increased by 79% to 3.1 EH/s
Iris Energy Commences 5.5 EH/s Installation and Confirms No Deposits with Silicon Valley Bank, Silvergate Capital, or Signature Bank
Iris Energy commences 5.5 EH/s installation
Iris Energy Announces Monthly Investor Update for February 2023
Increasing self-mining capacity from 2.0 EH/s to 5.5 EH/s
Iris Energy Reports Second Quarter FY23 Results
SYDNEY, Australia, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of institutional...
Iris Energy Limited Class Action: Levi & Korsinsky Reminds Iris Energy Limited Investors of The Pending Class Action Lawsuit With a Lead Plaintiff Deadline of February 13, 2023 - IREN
New York, New York--(Newsfile Corp. - February 13, 2023) - Levi & Korsinsky, LLP notifies investors in Iris Energy Limited ("Iris Energy Limited" or the "Company") (NASDAQ: IREN) of a class action sec...