NASDAQ:IREN Iris Energy (IREN) Stock Price, News & Analysis $8.75 +0.07 (+0.81%) (As of 09:12 AM ET) Add Compare Share Share Today's Range$8.75▼$8.7550-Day Range$6.76▼$15.0352-Week Range$2.79▼$15.75Volume238,785 shsAverage Volume12.21 million shsMarket Capitalization$1.28 billionP/E RatioN/ADividend YieldN/APrice Target$17.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Iris Energy alerts: Email Address Iris Energy MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside105.5% Upside$17.83 Price TargetShort InterestHealthy3.99% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.35Based on 13 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.01) to $0.60 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.3.76 out of 5 starsOils/Energy Sector96th out of 240 stocksNondepository Credit Institutions Industry9th out of 53 stocks 4.5 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 6 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageIris Energy has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Iris Energy's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.99% 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 decreased by 5.60%, indicating that investor sentiment is improving 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 1.9 News and Social Media Coverage News SentimentIris Energy has a news sentiment score of 0.35. 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 0.52 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Iris Energy this week, compared to 4 articles on an average week.Search InterestOnly 33 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 FollowsOnly 16 people have added Iris Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -41% 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.Read more about Iris Energy's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Iris Energy are expected to grow in the coming year, from ($0.01) to $0.60 per share.Price to Book Value per Share RatioIris Energy has a P/B Ratio of 1.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Iris Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsSecure this "AI Fuel" Stock Before the Billionaires Buy It AllAccording to the Washington Post, America is running out of a crucial component for AI. Without this "AI fuel," firms like NVIDIA would have to shut down their operations.Click here for the ticker >>> 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 HeadlinesAugust 22 at 12:21 AM | markets.businessinsider.comROSEN, TRUSTED INVESTOR COUNSEL, Encourages Iris Energy Limited Investors to Inquire About Securities Class Action Investigation - IRENAugust 20 at 5:04 PM | globenewswire.comIRIS ENERGY LIMITED ANNOUNCEMENT: If You Have Suffered Losses in Iris Energy Limited (NASDAQ: IREN), You Are Encouraged to Contact The Rosen Law Firm About Your RightsAugust 22, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…August 20 at 12:49 PM | seekingalpha.comIris Energy: A Potential Buy But Questions RemainAugust 20 at 8:20 AM | globenewswire.comIREN to Release FY24 Results on August 28, 2024August 19 at 5:28 PM | prnewswire.comRosen Law Firm Encourages Iris Energy Limited Investors to Inquire About Securities Class Action Investigation - IRENAugust 18, 2024 | finance.yahoo.comIREN Aug 2024 4.000 call (IREN240823C00004000)August 18, 2024 | americanbankingnews.comIris Energy (NASDAQ:IREN) Trading Up 4.1%August 22, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…August 17, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Iris Energy Limited - IRENAugust 17, 2024 | finance.yahoo.comInstitutions profited after Iris Energy Limited's (NASDAQ:IREN) market cap rose US$86m last week but individual investors profited the mostAugust 15, 2024 | benzinga.comCheck Out What Whales Are Doing With IRENAugust 14, 2024 | globenewswire.comIRIS ENERGY LIMITED ANNOUNCEMENT: If You Have Suffered Losses in Iris Energy Limited (NASDAQ: IREN), You Are Encouraged to Contact The Rosen Law Firm About Your RightsAugust 13, 2024 | markets.businessinsider.comROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Iris Energy Limited Investors to Inquire About Securities Class Action Investigation - IRENAugust 11, 2024 | finance.yahoo.comIREN Aug 2024 18.500 call (IREN240816C00018500)August 11, 2024 | markets.businessinsider.comROSEN, A LONGSTANDING LAW FIRM, Encourages Iris Energy Limited Investors to Inquire About Securities Class Action Investigation - IRENAugust 10, 2024 | globenewswire.comIRIS ENERGY LIMITED ANNOUNCEMENT: If You Have Suffered Losses in Iris Energy Limited (NASDAQ: IREN), You Are Encouraged to Contact The Rosen Law Firm About Your RightsAugust 9, 2024 | prnewswire.comRosen Law Firm Encourages Iris Energy Limited Investors to Inquire About Securities Class Action Investigation - IRENSee 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 Today8/22/2024Next Earnings (Confirmed)8/28/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Nondepository credit institutions Sub-IndustryBanking Current SymbolNASDAQ:IREN CUSIPN/A CIK1878848 Webirisenergy.co Phone61-2-7906-8301FaxN/AEmployees100Year FoundedN/APrice Target and Rating Average Stock Price Target$17.83 High Stock Price Target$26.00 Low Stock Price Target$11.00 Potential Upside/Downside+105.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 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 Ratio7.47 Quick Ratio7.47 Sales & Book Value Annual Sales$164.61 million Price / Sales7.73 Cash FlowN/A Price / Cash FlowN/A Book Value$4.58 per share Price / Book1.90Miscellaneous Outstanding Shares146,584,000Free Float114,995,000Market Cap$1.27 billion OptionableOptionable Beta3.47 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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 CompetitorsCoastal FinancialNASDAQ:CCBGreenidge GenerationNASDAQ:GREEHancock WhitneyNASDAQ:HWCValley National BancorpNASDAQ:VLYServisFirst BancsharesNYSE:SFBSView All CompetitorsInstitutional OwnershipTruist Financial CorpBought 1,575 shares on 8/21/2024Ownership: 0.035%Point72 Asset Management L.P.Bought 136,300 shares on 8/19/2024Ownership: 0.112%Susquehanna International Group LLPBought 1,475,400 shares on 8/16/2024Ownership: 0.000%Creative PlanningSold 600 shares on 8/16/2024Ownership: 0.000%Scientech Research LLCBought 30,835 shares on 8/15/2024Ownership: 0.033%View All Institutional Transactions IREN Stock Analysis - Frequently Asked Questions How have IREN shares performed this year? Iris Energy's stock was trading at $7.15 on January 1st, 2024. Since then, IREN shares have increased by 21.4% and is now trading at $8.68. View the best growth stocks for 2024 here. When did Iris Energy IPO? Iris Energy (IREN) raised $215 million in an IPO on Wednesday, November 17th 2021. The company issued 8,269,231 shares at $25.00-$27.00 per share. Who are Iris Energy's major shareholders? Iris Energy's top institutional investors include Marshall Wace LLP (2.60%), Susquehanna International Group LLP, D1 Capital Partners L.P. (1.05%) and Hood River Capital Management LLC (0.82%). 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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