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NASDAQ: IREN
Iris Energy Ltd Stock

$5.58+0.07 (+1.27%)
Updated Apr 23, 2024
IREN Price
$5.58
Fair Value Price
N/A
Market Cap
$459.90M
52 Week Low
$2.79
52 Week High
$9.69
P/E
-0.36x
P/B
1.84x
P/S
5.58x
PEG
N/A
Dividend Yield
N/A
Revenue
$82.12M
Earnings
-$13.95M
Gross Margin
53.9%
Operating Margin
-14.23%
Profit Margin
-16.3%
Debt to Equity
0.09
Operating Cash Flow
$23M
Beta
2.29
Next Earnings
May 8, 2024
Ex-Dividend
N/A
Next Dividend
N/A

IREN Overview

Iris Energy Limited mines Bitcoin. It owns and operates data centers in regions with abundant and/or under-utilized renewable energy. Iris Energy was founded in 2018 and is headquartered in Sydney, Australia.

Zen Score

Industry Average (30)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how IREN scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

IREN is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
IREN is good value based on its book value relative to its share price (1.84x), compared to the US Capital Markets industry average (1.87x)
P/B vs Industry Valuation
IREN is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more IREN due diligence checks available for Premium users.

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IREN News

Valuation

IREN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.36x
Industry
20.42x
Market
41.92x

IREN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.84x
Industry
1.87x
IREN is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

IREN's financial health

Profit margin

Revenue
$29.0M
Net Income
-$3.6M
Profit Margin
-12.3%
IREN's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
IREN's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$283.8M
Liabilities
$24.0M
Debt to equity
0.09
IREN's short-term assets ($71.36M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
IREN's short-term assets ($71.36M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
IREN's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
N/A
Investing
N/A
Financing
N/A
IREN's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

IREN vs Capital Market Stocks

TickerMarket Cap1d %P/EP/B
IREN$459.90M+1.27%-0.36x1.84x
OPY$404.69M+1.82%13.77x0.51x
APLD$359.63M+8.12%-3.57x3.04x
TIGR$567.75M+5.30%22.53x1.16x
HIVE$282.26M+3.74%-4.24x1.57x

Iris Energy Stock FAQ

What is Iris Energy's quote symbol?

(NASDAQ: IREN) Iris Energy trades on the NASDAQ under the ticker symbol IREN. Iris Energy stock quotes can also be displayed as NASDAQ: IREN.

If you're new to stock investing, here's how to buy Iris Energy stock.

What is the 52 week high and low for Iris Energy (NASDAQ: IREN)?

(NASDAQ: IREN) Iris Energy's 52-week high was $9.69, and its 52-week low was $2.79. It is currently -42.41% from its 52-week high and 100% from its 52-week low.

How much is Iris Energy stock worth today?

(NASDAQ: IREN) Iris Energy currently has 82,419,050 outstanding shares. With Iris Energy stock trading at $5.58 per share, the total value of Iris Energy stock (market capitalization) is $459.90M.

Iris Energy stock was originally listed at a price of $24.45 in Nov 17, 2021. If you had invested in Iris Energy stock at $24.45, your return over the last 2 years would have been -77.18%, for an annualized return of -52.23% (not including any dividends or dividend reinvestments).

How much is Iris Energy's stock price per share?

(NASDAQ: IREN) Iris Energy stock price per share is $5.58 today (as of Apr 23, 2024).

What is Iris Energy's Market Cap?

(NASDAQ: IREN) Iris Energy's market cap is $459.90M, as of Apr 24, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Iris Energy's market cap is calculated by multiplying IREN's current stock price of $5.58 by IREN's total outstanding shares of 82,419,050.
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