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Iris Energy (IREN) Competitors

Iris Energy logo
$10.78 +1.06 (+10.91%)
(As of 11/22/2024 ET)

IREN vs. CCB, GREE, RIOT, CADE, OMF, UPST, COOP, QFIN, PFSI, and VLY

Should you be buying Iris Energy stock or one of its competitors? The main competitors of Iris Energy include Coastal Financial (CCB), Greenidge Generation (GREE), Riot Platforms (RIOT), Cadence Bank (CADE), OneMain (OMF), Upstart (UPST), Mr. Cooper Group (COOP), Qifu Technology (QFIN), PennyMac Financial Services (PFSI), and Valley National Bancorp (VLY). These companies are all part of the "banking" industry.

Iris Energy vs.

Coastal Financial (NASDAQ:CCB) and Iris Energy (NASDAQ:IREN) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, valuation, institutional ownership, earnings, community ranking, media sentiment, dividends, profitability and analyst recommendations.

Coastal Financial has a net margin of 5.98% compared to Iris Energy's net margin of 0.00%. Coastal Financial's return on equity of 13.86% beat Iris Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Coastal Financial5.98% 13.86% 1.10%
Iris Energy N/A N/A N/A

59.2% of Coastal Financial shares are owned by institutional investors. Comparatively, 41.1% of Iris Energy shares are owned by institutional investors. 16.8% of Coastal Financial shares are owned by company insiders. Comparatively, 21.6% of Iris Energy shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Coastal Financial has higher revenue and earnings than Iris Energy.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Coastal Financial$537.55M1.93$44.58M$2.9725.82
Iris Energy$188.76M10.73-$28.95MN/AN/A

Coastal Financial currently has a consensus price target of $74.67, suggesting a potential downside of 2.64%. Iris Energy has a consensus price target of $15.44, suggesting a potential upside of 43.27%. Given Iris Energy's higher possible upside, analysts clearly believe Iris Energy is more favorable than Coastal Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Coastal Financial
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
3.33
Iris Energy
0 Sell rating(s)
1 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
3.00

Iris Energy received 50 more outperform votes than Coastal Financial when rated by MarketBeat users. Likewise, 78.48% of users gave Iris Energy an outperform vote while only 60.00% of users gave Coastal Financial an outperform vote.

CompanyUnderperformOutperform
Coastal FinancialOutperform Votes
12
60.00%
Underperform Votes
8
40.00%
Iris EnergyOutperform Votes
62
78.48%
Underperform Votes
17
21.52%

In the previous week, Iris Energy had 24 more articles in the media than Coastal Financial. MarketBeat recorded 28 mentions for Iris Energy and 4 mentions for Coastal Financial. Coastal Financial's average media sentiment score of 1.76 beat Iris Energy's score of 0.13 indicating that Coastal Financial is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Coastal Financial
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Iris Energy
6 Very Positive mention(s)
2 Positive mention(s)
18 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Coastal Financial has a beta of 1.22, meaning that its stock price is 22% more volatile than the S&P 500. Comparatively, Iris Energy has a beta of 3.39, meaning that its stock price is 239% more volatile than the S&P 500.

Summary

Coastal Financial and Iris Energy tied by winning 8 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IREN vs. The Competition

MetricIris EnergyNondepository credit institutions IndustryEnergy SectorNASDAQ Exchange
Market Cap$2.03B$8.17B$8.66B$8.83B
Dividend YieldN/A5.18%11.47%4.09%
P/E RatioN/A17.0017.3417.50
Price / Sales10.7314.47124.99159.46
Price / Cash90.1454.6311.5136.27
Price / Book1.852.973.446.49
Net Income-$28.95M$456.92M$949.80M$225.45M
7 Day Performance1.03%4.34%3.77%3.61%
1 Month Performance16.16%27.45%5.07%3.48%
1 Year Performance241.14%121.29%408.41%29.13%

Iris Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IREN
Iris Energy
4.3267 of 5 stars
$10.78
+10.9%
$15.44
+43.3%
+241.1%$2.03B$188.76M0.00100Upcoming Earnings
CCB
Coastal Financial
4.6021 of 5 stars
$75.33
+0.7%
$74.67
-0.9%
+92.7%$1.02B$537.55M25.36380Positive News
GREE
Greenidge Generation
2.7537 of 5 stars
$2.12
-10.9%
$4.00
+88.7%
-55.9%$23.66M$70.39M0.00680Gap Down
High Trading Volume
RIOT
Riot Platforms
3.9422 of 5 stars
$11.76
-3.2%
$16.35
+39.0%
+6.1%$3.91B$280.70M8.05340Insider Trade
Options Volume
Gap Down
High Trading Volume
CADE
Cadence Bank
3.6169 of 5 stars
$37.97
+2.3%
$35.29
-7.1%
+58.4%$6.92B$2.19B10.915,333Positive News
OMF
OneMain
4.9252 of 5 stars
$55.76
+1.5%
$55.46
-0.5%
+46.7%$6.65B$4.56B12.219,100Positive News
UPST
Upstart
3.661 of 5 stars
$71.78
+2.0%
$46.83
-34.8%
+215.4%$6.55B$513.56M-36.481,388Insider Trade
COOP
Mr. Cooper Group
4.1885 of 5 stars
$98.33
+1.3%
$98.00
-0.3%
+66.6%$6.29B$1.79B12.706,800Positive News
QFIN
Qifu Technology
3.7758 of 5 stars
$35.21
-0.1%
$37.50
+6.5%
+114.9%$5.68B$2.29B7.093,121Analyst Forecast
News Coverage
PFSI
PennyMac Financial Services
4.304 of 5 stars
$103.95
+1.2%
$115.86
+11.5%
+35.1%$5.33B$1.40B33.003,900Insider Trade
VLY
Valley National Bancorp
3.8073 of 5 stars
$10.25
+1.0%
$9.88
-3.7%
+20.7%$5.22B$3.36B16.373,749Dividend Announcement
Analyst Downgrade

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This page (NASDAQ:IREN) was last updated on 11/23/2024 by MarketBeat.com Staff
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