WallStreetZenWallStreetZen

NASDAQ: IREN
Iris Energy Ltd Stock

$7.79+0.38 (+5.13%)
Updated May 31, 2024
IREN Price
$7.79
Fair Value Price
N/A
Market Cap
$1.08B
52 Week Low
$2.79
52 Week High
$9.69
P/E
N/A
P/B
2.42x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
N/A
Earnings
N/A
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.07
Operating Cash Flow
N/A
Beta
2.33
Next Earnings
N/A
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 (28)
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 poor value based on its book value relative to its share price (2.42x), compared to the US Capital Markets industry average (1.91x)
P/B vs Industry Valuation
IREN's short-term assets ($204.07M) exceed its short-term liabilities ($27.30M)
Short-term Liabilities Financials
IREN's short-term assets ($204.07M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
There are 30 more IREN due diligence checks available for Premium users.

Be the first to know about important IREN news, forecast changes, insider trades & much more!

IREN News

Valuation

IREN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
0x
Industry
14.12x
Market
28.44x

IREN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.42x
Industry
1.91x
IREN is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

IREN's financial health

Profit margin

Revenue
$35.8M
Net Income
$5.7M
Profit Margin
15.9%

Assets to liabilities

Assets
$476.1M
Liabilities
$30.5M
Debt to equity
0.07
IREN's short-term assets ($204.07M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
IREN's short-term assets ($204.07M) 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
$17.5M
Investing
-$74.8M
Financing
$168.9M

IREN vs Capital Market Stocks

TickerMarket Cap1d %P/EP/B
IREN$1.08B+5.13%N/A2.42x
CIFR$1.15B-1.33%61.83x1.91x
AMRK$868.63M-0.16%11.09x1.49x
BITF$798.09M-0.44%N/A2.18x
HUT$785.51M-3.34%1.76x1.07x

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 -19.61% from its 52-week high and 179.21% from its 52-week low.

How much is Iris Energy stock worth today?

(NASDAQ: IREN) Iris Energy currently has 138,411,731 outstanding shares. With Iris Energy stock trading at $7.79 per share, the total value of Iris Energy stock (market capitalization) is $1.08B.

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 -68.14%, for an annualized return of -43.55% (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 $7.79 today (as of May 31, 2024).

What is Iris Energy's Market Cap?

(NASDAQ: IREN) Iris Energy's market cap is $1.08B, as of Jun 2, 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 $7.79 by IREN's total outstanding shares of 138,411,731.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.