Financial Services -
Financial - Capital Markets - NASDAQ - AU
$ 5.51
-1.43 %
$ 1.23 B
Market Cap
-18.37
P/E
1. INTRINSIC VALUE
Balance Sheet
Iris Energy Limited
| Current Assets | 452 M |
| Cash & Short-Term Investments | 411 M |
| Receivables | 29.4 M |
| Other Current Assets | 11.9 M |
| Non-Current Assets | 701 M |
| Long-Term Investments | 0 |
| PP&E | 443 M |
| Other Non-Current Assets | 258 M |
| Current Liabilities | 51 M |
| Accounts Payable | 27.3 M |
| Short-Term Debt | 214 K |
| Other Current Liabilities | 23.4 M |
| Non-Current Liabilities | 4.68 M |
| Long-Term Debt | 1.44 M |
| Other Non-Current Liabilities | 3.24 M |
EFFICIENCY
Earnings Waterfall
Iris Energy Limited
| Revenue | 189 M |
| Cost Of Revenue | 22.2 M |
| Gross Profit | 167 M |
| Operating Expenses | 193 M |
| Operating Income | -26.3 M |
| Other Expenses | 2.62 M |
| Net Income | -29 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Iris Energy Limited
| Net Income | -29 M |
| Depreciation & Amortization | 50.6 M |
| Capital Expenditures | -480 M |
| Stock-Based Compensation | 23.6 M |
| Change in Working Capital | 11.7 M |
| Others | 10.1 M |
| Free Cash Flow | -427 M |
Wall Street Analysts Price Targets
Iris Energy Limited
Wall Street analysts predict an average 1-year price target for IREN of $15.9 , with forecasts ranging from
a
low of
$12 to a high of $23 .
IREN Lowest Price Target
Wall Street Target
12 USD
117.79%
IREN Average Price Target
Wall Street Target
15.9 USD
189.37%
IREN Highest Price Target
Wall Street Target
23 USD
317.42%
4. DIVIDEND
ANALYSIS
IREN does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Iris Energy Limited
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
IREN capacity increased to 40 EH/s
SYDNEY, April 16, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN”), today provided an update on its Bitcoin mining expansion. “We're proud to have reached 40 EH/s, marking yet another significant step toward our 50 EH/s target,” said Daniel Roberts, IREN Co-Founder and Co-CEO.
globenewswire.com
- 2 weeks ago
IREN March 2025 Monthly Update
SYDNEY, April 04, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for March 2025.
globenewswire.com
- 4 weeks ago
IREN Business Update
Bitcoin Mining Expansion Paused at 52 EH/s Progressing Debt Financing Workstreams SYDNEY, March 31, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN”), today provided a business update and strategic outlook, highlighting momentum in its AI/HPC segments and an evolving capital allocation strategy aligned with current market conditions. “As we near completion of our 50 EH/s mining expansion, our focus is shifting to the next phase of growth and delivering scalable infrastructure for AI and HPC through our AI Cloud Services and AI Data Center businesses,” said Daniel Roberts, IREN Co-Founder and Co-CEO.
globenewswire.com
- 1 month ago
2 Speculative AI Stocks Trading Under $20 to Buy in April
Diving into two beaten-down technology stocks that offer long-term exposure to artificial intelligence expansion.
zacks.com
- 1 month ago
IREN Wasn't On My Radar, But It Should've Been
IREN Limited (IREN) is a Bitcoin miner and AI cloud provider, focusing on renewable energy to reduce costs and maintain profitability. Despite underperforming Bitcoin overall, IREN has gained over 50% in the past year, showing high volatility with a beta of 3.65. The company is expanding its data centers, especially in Texas, and diversifying into AI infrastructure, aiming to boost its EBITDA by 50%.
seekingalpha.com
- 1 month ago
IREN Secures 2.75GW for Data Centers in West Texas with New 600MW Grid Connection Agreement
SYDNEY, March 17, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN”), today announced the signing of a 600MW grid connection agreement for Sweetwater 2, advancing its 2GW Sweetwater data center hub in West Texas.
globenewswire.com
- 1 month ago
Crypto Crash Hits These 4 Blockchain Stocks—Is It Time to Buy?
The cryptocurrency market is officially crashing as marketwide bearish sentiment triggers a sell-off among speculators. While the current cryptocurrency crash has been bad news for tokens and blockchain stock values, some investors are taking it as an opportunity to add high-tech holdings to their portfolios.
marketbeat.com
- 1 month ago
Bitcoin Mining Stock Scores an Upgrade
IREN Ltd (NASDAQ: IREN) stock is climbing higher today after J.P.
schaeffersresearch.com
- 1 month ago
IREN February 2025 Monthly Update
SYDNEY, March 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN ) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for February 2025.
globenewswire.com
- 1 month ago
Why IREN Limited (IREN) Might be Well Poised for a Surge
IREN Limited (IREN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
zacks.com
- 2 months ago
Does IREN Limited (IREN) Have the Potential to Rally 57.96% as Wall Street Analysts Expect?
The consensus price target hints at a 58% upside potential for IREN Limited (IREN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
zacks.com
- 2 months ago
Are Oils-Energy Stocks Lagging IREN Limited (IREN) This Year?
Here is how IREN Limited (IREN) and NextDecade (NEXT) have performed compared to their sector so far this year.
zacks.com
- 2 months ago
8. Profile
Summary
Iris Energy Limited IREN
COUNTRY
AU
INDUSTRY
Financial - Capital Markets
MARKET CAP
$ 1.23 B
Dividend Yield
0.00%
Description
Iris Energy Limited owns and operates bitcoin mining data centers. It also provides high performance computing solutions, including Al cloud services. The company was incorporated in 2018 and is headquartered in Sydney, Australia.
Contact
44 Market Street, Sydney, NSW, 2000
https://iren.com
IPO
Date
Nov. 17, 2021
Employees
144
Officers
Ms. Belinda Nucifora
Chief Financial Officer
Mr. David Shaw
Chief Operating Officer
Ms. Cesilia Kim
Chief Legal Officer & Secretary
Mr. William Roberts
Co-Founder, Co-Chief Executive Officer & Director
Kent Draper
Chief Commercial Officer
Lincoln Tan
Director of Investor Relations
Mr. Daniel Roberts
Co-Founder, Co-Chief Executive Officer & Director
Mr. Denis Skrinnikoff
Chief Technology Officer
Heather Miller
Vice President of People, Culture & Community