Top-Rated StocksTop-RatedNASDAQ:IREN Iris Energy (IREN) Stock Price, News & Analysis $7.15 -0.06 (-0.83%) Closing price 03/21/2025 04:00 PM EasternExtended Trading$7.14 -0.02 (-0.21%) As of 03/21/2025 07:59 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Iris Energy Stock (NASDAQ:IREN) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Iris Energy alerts:Sign Up Key Stats Today's Range$6.90▼$7.1950-Day Range$6.59▼$13.3252-Week Range$4.15▼$15.92Volume8.27 million shsAverage Volume15.26 million shsMarket Capitalization$1.34 billionP/E RatioN/ADividend YieldN/APrice Target$20.40Consensus RatingBuy Company OverviewIris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.Read More… Remove Ads Iris Energy Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks73rd Percentile Overall ScoreIREN MarketRank™: Iris Energy scored higher than 73% of companies evaluated by MarketBeat, and ranked 102nd out of 264 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.5 / 5Analyst RatingBuy Consensus RatingIris Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageIris Energy has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Iris Energy's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth227.91% Earnings GrowthEarnings for Iris Energy are expected to grow by 227.91% in the coming year, from $0.43 to $1.41 per share.Price to Book Value per Share RatioIris Energy has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Iris Energy's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted11.10% of the float of Iris Energy has been sold short.Short Interest Ratio / Days to CoverIris Energy has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Iris Energy has recently increased by 5.85%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldIris Energy does not currently pay a dividend.Dividend GrowthIris Energy does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted11.10% of the float of Iris Energy has been sold short.Short Interest Ratio / Days to CoverIris Energy has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Iris Energy has recently increased by 5.85%, indicating that investor sentiment is decreasing significantly. News and Social Media1.4 / 5News Sentiment0.55 News SentimentIris Energy has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Iris Energy this week, compared to 11 articles on an average week.Search InterestOnly 33 people have searched for IREN on MarketBeat in the last 30 days. This is a decrease of -59% compared to the previous 30 days.MarketBeat FollowsOnly 16 people have added Iris Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -54% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Iris Energy insiders have not sold or bought any company stock.Percentage Held by Insiders21.55% of the stock of Iris Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions41.08% of the stock of Iris Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Iris Energy's insider trading history. Receive IREN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Iris Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address IREN Stock News HeadlinesCrypto Crash Hits These 4 Blockchain Stocks—Is It Time to Buy? (IREN)The cryptocurrency market is crashing, leading to top blockchain stocks seeing dips in value. These 5 blockchain stocks are trading at new 50-day lows.March 14, 2025 | marketbeat.comBrokerages Set Iris Energy Limited (NASDAQ:IREN) Price Target at $20.40March 22 at 3:07 AM | americanbankingnews.comMusk’s real agenda in D.C. In this urgent exposé, you’ll discover… How Elon and Donald Trump are quietly drawing a radical new map of America…March 23, 2025 | Porter & Company (Ad)IREN Restatement of Previously Issued Financial StatementsMarch 21 at 7:49 PM | markets.businessinsider.comBernstein Remains a Buy on Iris Energy (IREN)March 21 at 7:49 PM | markets.businessinsider.comIREN restates previous financial statementsMarch 21 at 4:47 AM | markets.businessinsider.comIREN Wasn't On My Radar, But It Should've BeenMarch 19, 2025 | seekingalpha.comWhy IREN Limited (IREN) is the Most Undervalued Bitcoin Mining Stock to Buy NowMarch 18, 2025 | msn.comSee More Headlines IREN Stock Analysis - Frequently Asked Questions How have IREN shares performed this year? Iris Energy's stock was trading at $9.82 at the start of the year. Since then, IREN stock has decreased by 27.2% and is now trading at $7.15. View the best growth stocks for 2025 here. How were Iris Energy's earnings last quarter? Iris Energy Limited (NASDAQ:IREN) released its quarterly earnings results on Wednesday, February, 12th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.13. Iris Energy had a negative net margin of 17.94% and a negative trailing twelve-month return on equity of 3.98%. When did Iris Energy IPO? Iris Energy (IREN) raised $215 million in an IPO on Wednesday, November 17th 2021. The company issued 8,269,231 shares at a price of $25.00-$27.00 per share. Who are Iris Energy's major shareholders? Iris Energy's top institutional investors include Group One Trading LLC, Susquehanna International Group LLP, Arrowstreet Capital Limited Partnership (3.03%) and Citadel Advisors LLC. How do I buy shares of Iris Energy? Shares of IREN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Iris Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that Iris Energy investors own include Waste Connections (WCN), AUO (AUOTY), American Water Works (AWK), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR). Company Calendar Last Earnings2/12/2025Today3/23/2025Next Earnings (Estimated)5/13/2025Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorEnergy Industry Nondepository credit institutions Sub-IndustryBanking Current SymbolNASDAQ:IREN CIK1878848 Webirisenergy.co Phone61-2-7906-8301FaxN/AEmployees100Year FoundedN/APrice Target and Rating Average Stock Price Target$20.40 High Stock Price Target$33.00 Low Stock Price Target$12.00 Potential Upside/Downside+185.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-28,950,000.00 Net Margins-17.94% Pretax Margin-15.15% Return on Equity-3.98% Return on Assets-3.33% Debt Debt-to-Equity RatioN/A Current Ratio0.94 Quick Ratio0.94 Sales & Book Value Annual Sales$283.73 million Price / Sales4.73 Cash Flow$0.07 per share Price / Cash Flow107.03 Book Value$6.85 per share Price / Book1.04Miscellaneous Outstanding Shares187,864,000Free Float147,379,000Market Cap$1.34 billion OptionableOptionable Beta3.64 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.Get This Free Report This page (NASDAQ:IREN) was last updated on 3/23/2025 by MarketBeat.com Staff From Our Partners$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | SponsoredA brutally honest economic warning for 2025 (see proof)New York Times best-selling financial author and world-renowned economist Addison Wiggin (a man who’s worked s...Banyan Hill Publishing | SponsoredHas Trump finally met his match?Dylan Jovine predicted the 2008 crash over a year before it happened. 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