Iris Energy Limited (IREN)

Market Cap	719.36M
Revenue (ttm)	85.48M
Net Income (ttm)	-13.95M
Shares Out	139.14M
EPS (ttm)	-15.38
PE Ratio	n/a
Forward PE	11.41
Dividend	n/a
Ex-Dividend Date	n/a

Volume	5,461,348
Open	4.92
Previous Close	5.25
Day's Range	4.85 - 5.22
52-Week Range	2.79 - 9.69
Beta	3.02
Analysts	Strong Buy
Price Target	9.60 (+85.69%)
Earnings Date	May 7, 2024

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 5 analysts, the average rating for IREN stock is "Strong Buy." The 12-month stock price forecast is $9.6, which is an increase of 85.69% from the latest price.

Price Target

$9.6

(85.69% upside)

Analyst Consensus: Strong Buy