NASDAQ:IREN Iris Energy (IREN) Stock Price, News & Analysis → He Is Giving Away Bitcoin (From Crypto Swap Profits) (Ad) Free IREN Stock Alerts $4.40 +0.07 (+1.62%) (As of 10:04 AM ET) Add Compare Share Share Today's Range$4.36▼$4.5850-Day Range$4.33▼$6.9152-Week Range$2.79▼$9.69Volume794,217 shsAverage Volume9.01 million shsMarket Capitalization$293.48 millionP/E RatioN/ADividend YieldN/APrice Target$12.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Iris Energy alerts: Email Address Iris Energy MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside164.3% Upside$12.00 Price TargetShort InterestHealthy3.56% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.32Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth1,000.00%From $0.08 to $0.88 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.68 out of 5 starsOils/Energy Sector95th out of 238 stocksNondepository Credit Institutions Industry11th out of 49 stocks 3.5 Analyst's Opinion Consensus RatingIris Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageIris Energy has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.56% 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 0.4, 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 105.83%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldIris Energy does not currently pay a dividend.Dividend GrowthIris Energy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IREN. Previous Next 2.4 News and Social Media Coverage News SentimentIris Energy has a news sentiment score of 0.32. 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 0.44 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Iris Energy this week, compared to 3 articles on an average week.Search InterestOnly 37 people have searched for IREN on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.MarketBeat Follows12 people have added Iris Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Iris Energy are expected to grow by 1,000.00% in the coming year, from $0.08 to $0.88 per share.Price to Book Value per Share RatioIris Energy has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressBiden replacement revealed?A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.See his shocking evidence in this new report About Iris Energy Stock (NASDAQ:IREN)Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.Read More IREN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IREN Stock News HeadlinesMay 2, 2024 | msn.com'Music is for everybody': How Iris Collective is changing lives of Memphians young and oldApril 29, 2024 | globenewswire.comOperating hashrate increased to 9 EH/sMay 2, 2024 | Porter & Company (Ad)The biggest energy story ever? Discover why I’m calling this one of the biggest developments in the global energy market since the shale revolution… why everything you’ve ever been told about Trump’s environmental record is a lie…April 22, 2024 | seekingalpha.comThe Impact Of AI On Iris Energy's Bitcoin Mining SuccessApril 8, 2024 | globenewswire.comPoolside upsizes and extends AI Cloud Services contractApril 4, 2024 | investorplace.comPenny Stocks Explosion: 3 Must-Have Picks for the Upcoming Bull RunApril 4, 2024 | globenewswire.comIREN Announces Monthly Investor Update for March 2024April 3, 2024 | investorplace.comThe 3 Most Undervalued Blockchain Stocks to Buy in April 2024May 2, 2024 | Porter & Company (Ad)The biggest energy story ever? Discover why I’m calling this one of the biggest developments in the global energy market since the shale revolution… why everything you’ve ever been told about Trump’s environmental record is a lie…April 3, 2024 | finance.yahoo.comImplied Volatility Surging for Iris Energy (IREN) Stock OptionsApril 2, 2024 | markets.businessinsider.comIris Energy’s Strong Expansion and Diversification Strategy Supports Buy RatingApril 1, 2024 | marketwatch.comIris Energy Shares Rise 11% on Fully Funded 2024 Expansion Following Equity RaiseApril 1, 2024 | investorplace.com3 Stocks to Ditch Following the April Bitcoin HalvingApril 1, 2024 | globenewswire.com20 EH/s expansion fully fundedMarch 28, 2024 | markets.businessinsider.comWhat Analysts Are Saying About Iris Energy StockMarch 26, 2024 | msn.comHut 8, Iris Energy among financial moversMarch 25, 2024 | benzinga.comUnpacking the Latest Options Trading Trends in Iris EnergyMarch 22, 2024 | finance.yahoo.comIs Iris Energy Limited (NASDAQ:IREN) Trading At A 50% Discount?March 17, 2024 | finance.yahoo.comIREN Mar 2024 6.500 callMarch 15, 2024 | investorplace.com7 Penny Stocks That Can Make You a Millionaire in One YearMarch 13, 2024 | finance.yahoo.comThe Zacks Analyst Blog Highlights NVIDIA, Coinbase Global, Block, CleanSpark and Iris EnergyMarch 11, 2024 | finance.yahoo.comIREN Mar 2024 12.500 callMarch 11, 2024 | finance.yahoo.comIREN Mar 2024 6.500 putMarch 10, 2024 | finance.yahoo.comIREN Mar 2024 8.500 callMarch 9, 2024 | ca.finance.yahoo.comIREN Mar 2024 3.500 putMarch 6, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Synchrony Financial (SYF) and Iris Energy (IREN)March 6, 2024 | globenewswire.comIREN Announces Monthly Investor Update for February 2024See More Headlines 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 Company Calendar Last Earnings2/15/2024Today5/02/2024Next Earnings (Estimated)5/16/2024Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Nondepository credit institutions Sub-IndustryN/A Current SymbolNASDAQ:IREN CUSIPN/A CIK1878848 Webirisenergy.co Phone61-2-7906-8301FaxN/AEmployees100Year FoundedN/APrice Target and Rating Average Stock Price Target$12.00 High Stock Price Target$24.00 Low Stock Price Target$9.00 Potential Upside/Downside+177.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current Ratio3.38 Quick Ratio3.38 Sales & Book Value Annual Sales$75.51 million Price / Sales3.82 Cash FlowN/A Price / Cash FlowN/A Book Value$4.58 per share Price / Book0.95Miscellaneous Outstanding Shares66,700,000Free Float52,328,000Market Cap$288.81 million OptionableOptionable Beta3.05 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. William Roberts (Age 34)Co-Founder, Co-CEO & Director Comp: $2.97MMr. Daniel Roberts (Age 40)Co-Founder, Co-CEO & Director Comp: $2.97MMs. Belinda Nucifora (Age 51)Chief Financial Officer Comp: $533.79kMr. David Shaw (Age 57)Chief Operating Officer Comp: $591.7kMs. Cesilia Kim (Age 49)Chief Legal & Risk Officer Comp: $475.35kMr. Denis Skrinnikoff (Age 40)Chief Technology Officer? Lincoln TanSenior Manager of Investor RelationsHeather MillerVice President of People, Culture & CommunityKent DraperChief Commercial OfficerMs. Yvonne MartinsGroup Financial ControllerMore ExecutivesKey CompetitorsSummit Midstream PartnersNYSE:SMLPUranium RoyaltyNASDAQ:UROYNatural Gas Services GroupNYSE:NGSMatrix ServiceNASDAQ:MTRXOil States InternationalNYSE:OISView All CompetitorsInstitutional OwnershipMirae Asset Global Investments Co. Ltd.Sold 633,118 shares on 5/1/2024Ownership: 0.606%Van ECK Associates CorpBought 351,774 shares on 4/30/2024Ownership: 2.755%Simplex Trading LLCBought 452,800 shares on 4/25/2024Ownership: 0.000%Sumitomo Mitsui Trust Holdings Inc.Bought 92,912 shares on 4/19/2024Ownership: 0.139%CCG Wealth Management LLCBought 13,262 shares on 4/18/2024Ownership: 0.020%View All Institutional Transactions IREN Stock Analysis - Frequently Asked Questions Should I buy or sell Iris Energy stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iris Energy in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IREN shares. View IREN analyst ratings or view top-rated stocks. What is Iris Energy's stock price target for 2024? 5 Wall Street research analysts have issued twelve-month target prices for Iris Energy's stock. Their IREN share price targets range from $9.00 to $24.00. On average, they anticipate the company's stock price to reach $12.00 in the next year. This suggests a possible upside of 164.3% from the stock's current price. View analysts price targets for IREN or view top-rated stocks among Wall Street analysts. How have IREN shares performed in 2024? Iris Energy's stock was trading at $7.15 on January 1st, 2024. Since then, IREN shares have decreased by 36.5% and is now trading at $4.54. View the best growth stocks for 2024 here. Are investors shorting Iris Energy? Iris Energy saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 4,240,000 shares, an increase of 105.8% from the March 31st total of 2,060,000 shares. Based on an average daily volume of 10,110,000 shares, the days-to-cover ratio is presently 0.4 days. Currently, 3.6% of the company's stock are short sold. View Iris Energy's Short Interest. When is Iris Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024. View our IREN earnings forecast. How were Iris Energy's earnings last quarter? Iris Energy Limited (NASDAQ:IREN) announced its quarterly earnings data on Thursday, February, 15th. The company reported ($0.07) earnings per share for the quarter. The firm had revenue of $42.57 million for the quarter, compared to the consensus estimate of $37.58 million. What ETFs hold Iris Energy's stock? ETFs with the largest weight of Iris Energy (NASDAQ:IREN) stock in their portfolio include Valkyrie Bitcoin Miners ETF (WGMI), Grayscale Future of Finance ETF (GFOF), VanEck Digital Transformation ETF (DAPP), VanEck Digital Assets Mining ETF (DAM), Global X Blockchain ETF (BKCH), iShares Blockchain and Tech ETF (IBLC), Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) and Invesco Alerian Galaxy Crypto Economy ETF (SATO). When did Iris Energy IPO? Iris Energy (IREN) raised $215 million in an initial public offering (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 stock is owned by many different institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (2.76%), Simplex Trading LLC (0.00%), Mirae Asset Global Investments Co. Ltd. (0.61%), Sumitomo Mitsui Trust Holdings Inc. (0.14%) and CCG Wealth Management LLC (0.02%). 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. Compare Top Brokerages Here. 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