Financial Services -
Financial - Capital Markets - NASDAQ - AU
$ 8.065
-2.12 %
$ 1.76 B
Market Cap
-26.88
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 $15.4 , with forecasts ranging from
a
low of
$12 to a high of $23 .
IREN Lowest Price Target
Wall Street Target
12 USD
48.79%
IREN Average Price Target
Wall Street Target
15.4 USD
91.41%
IREN Highest Price Target
Wall Street Target
23 USD
185.18%
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
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
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 weeks 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 weeks 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 weeks ago
IREN Limited (IREN) Q2 2025 Earnings Call Transcript
IREN Limited (NASDAQ:IREN ) Q2 2025 Earnings Conference Call February 12, 2025 5:00 PM ET Company Participants Lincoln Tan - Director of IR Daniel Roberts - Co-Founder and Co-CEO Belinda Nucifora - CFO Kent Draper - Chief Commercial Officer Conference Call Participants Joseph Vafi - Canaccord Greg Lewis - BTIG Darren Aftahi - ROTH Brett Knoblauch - Cantor Fitzgerald Stephen Glagola - Jones Trading Joe Flynn - Compass Point Research Operator Thank you for standing by, and welcome to the IREN Second Quarter Fiscal Year 2025 Results Conference Call. At this time, all participants are in listen-only-mode.
seekingalpha.com
- 2 weeks ago
IREN Reports Q2 FY25 Results
Record Revenue, $53.7m Operating Cashflow, $18.9m NPAT 75MW Liquid-Cooled Childress Data Center for AI / HPC (“Horizon 1”) Developing New 600MW Sweetwater 2 Site SYDNEY, Feb. 12, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today reported its financial results for the three and six months ended December 31, 2024. All $ amounts are in United States Dollars (“USD”) unless otherwise stated.
globenewswire.com
- 2 weeks ago
3 Relative Strength Stocks to Buy Now: IREN, SERV, FUTU
While amateur investors often tune out during red markets, savvy investors understand the power of searching for relative strength and stocks bucking the market weakness. IREN, SERV, & FUTU are three such stocks.
zacks.com
- 3 weeks ago
IREN Limited (IREN) Crossed Above the 20-Day Moving Average: What That Means for Investors
After reaching an important support level, IREN Limited (IREN) could be a good stock pick from a technical perspective. IREN surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
zacks.com
- 3 weeks ago
IREN January 2025 Monthly Update
SYDNEY, Feb. 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN ) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for January 2025.
globenewswire.com
- 3 weeks ago
IREN to Release Q2 FY25 Results on February 12, 2025
SYDNEY, Feb. 03, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, "IREN") today announced that it will release its financial results for the three and six-months ended December 31, 2024, on Wednesday, February 12, 2025 and host a conference call beginning at 5:00 p.m. New York time.
globenewswire.com
- 4 weeks ago
Bitcoin miners try to rebound from choppy market
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the mixed recovery for bitcoin miners.
youtube.com
- 1 month ago
Wall Street Analysts See a 103.67% Upside in IREN Limited (IREN): Can the Stock Really Move This High?
The mean of analysts' price targets for IREN Limited (IREN) points to a 103.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
zacks.com
- 1 month ago
Cantor Fitzgerald's Brett Knoblauch on how Stargate could be a bullish opportunity for crypto miners
Brett Knoblauch, Cantor Fitzgerald head of digital asset research, joins 'Power Lunch' to discuss the energy needed to power AI in Stargate deal and the winners from it.
youtube.com
- 1 month ago
8. Profile
Summary
Iris Energy Limited IREN
COUNTRY
AU
INDUSTRY
Financial - Capital Markets
MARKET CAP
$ 1.76 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
Mr. Daniel Roberts
Co-Founder, Co-Chief Executive Officer & Director
Mr. David Shaw
Chief Operating Officer
Kent Draper
Chief Commercial Officer
Lincoln Tan
Director of Investor Relations
Mr. Denis Skrinnikoff
Chief Technology Officer
Ms. Belinda Nucifora
Chief Financial Officer
Mr. William Roberts
Co-Founder, Co-Chief Executive Officer & Director
Ms. Cesilia Kim
Chief Legal Officer & Secretary
Heather Miller
Vice President of People, Culture & Community