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Market Cap 334.85M P/E 5.44 EPS this Y - Ern Qtrly Grth -
Income -20.5M Forward P/E -22.56 EPS next Y - 50D Avg Chg 20.00%
Sales 122.51M PEG - EPS past 5Y - 200D Avg Chg 87.00%
Dividend N/A Price/Book 1.20 EPS next 5Y - 52W High Chg -24.00%
Recommedations 1.90 Quick Ratio 3.01 Shares Outstanding 141.10M 52W Low Chg 497.00%
Insider Own 11.76% ROA -4.88% Shares Float 76.37M Beta 3.02
Inst Own 21.99% ROE -6.29% Shares Shorted/Prior 2.06M/2.46M Price 6.09
Gross Margin 85.52% Profit Margin -16.74% Avg. Volume 1,293,985 Target Price 11.17
Oper. Margin -5.11% Earnings Date Feb 15 Volume 1,641,924 Change -2.40%
About Iris Energy Limited

Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

Iris Energy Limited News
04/17/24 Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan
04/08/24 Poolside upsizes and extends AI Cloud Services contract
04/04/24 Penny Stocks Explosion: 3 Must-Have Picks for the Upcoming Bull Run
04/04/24 IREN Announces Monthly Investor Update for March 2024
04/03/24 Implied Volatility Surging for Iris Energy (IREN) Stock Options
04/01/24 3 Stocks to Ditch Following the April Bitcoin Halving
04/01/24 20 EH/s expansion fully funded
03/22/24 Is Iris Energy Limited (NASDAQ:IREN) Trading At A 50% Discount?
03/15/24 7 Penny Stocks That Can Make You a Millionaire in One Year
03/13/24 The Zacks Analyst Blog Highlights NVIDIA, Coinbase Global, Block, CleanSpark and Iris Energy
03/06/24 IREN Announces Monthly Investor Update for February 2024
02/29/24 Cryptocurrency ETF Tops in February: 5 Best Stocks
02/26/24 IREN provides 20 EH/s expansion update
12:08 PM The 3 Best Blockchain Stocks to Own for the Coming ‘Read, Write, Own’ Era
05:47 AM The Zacks Analyst Blog Highlights CleanSpark, Nvidia, Advanced Micro Devices, Marathon Digital and Iris Energy
02/18/24 The Iris Energy Limited (NASDAQ:IREN) Half-Yearly Results Are Out And Analysts Have Published New Forecasts
02/16/24 5 Crypto Stocks Riding on the Hot Bitcoin Rally This Year
02/16/24 Top 20 Most Valuable Blockchain Companies in 2024
02/15/24 Iris Energy Reports Second Quarter and Half Year FY24 Results
02/14/24 Iris Energy Triples AI Cloud Services Business to 816 NVIDIA H100 GPUs
IREN Chatroom

User Image 10BaggerIntrinsicValue Posted - 13 minutes ago

$IREN $MARA $CLSK $RIOT $WULF The biggest advantage to miners share price market cap now is the difference between (Fridays overwhelming market negative miner expectations and biggest counter pro btc hedge short trade Vs Saturdays omg 😱😎 the miners are actually going to kick ass and make a boatload more $$$$💰💰💰than anybody except JP Morgan analyst Reginald Smith figured in fees) This dramatic change in attitude could possibly re-rate/re-price all btc miners overnight? In fact if tge fees just stay up by even a paltry 10-15% by Monday rather than the current 150-800%, I think we can all call it a huge win redardless of btc price. King Btc has been beating us since Jan 1st at our expense but suddenly tge miners look sweeter than btc on its own. Enjoy your weekend!!!

User Image Hodl_life Posted - 41 minutes ago

$BITF $BTC.X $CLSK $IREN $MARA most of the idiot bears 🐻 won’t even have a clue of what tx fees and miners do! Let alone understanding basics of blockchain.

User Image T1T00 Posted - 48 minutes ago

$MARA Only miner with their own pool $CLSK joined Foundry $IREN joined Antpool No one No one else has their own pool This is a big deal in this trx explosion 💥 Only Mara gets 100% rewards Others are just sharing profits

User Image scludweedsabusinski Posted - 1 hour ago

$BTC.X $BITF $CLSK $MARA $IREN - Just a little education on Bitcoin trx fees (currently banging). - In order to send bitcoin to someone's address, the sending user needs to include fees to incentivize miners picking their transaction out of all the ones available in the mempool. Because blocks have a size capacity, miners select the transactions that deliver the most revenue, and therefore the ones with the highest fees. They then create a block made of these transactions and push it across the network to be validated by nodes.

User Image benl387 Posted - 1 hour ago

$IREN which mining pool we in?

User Image scludweedsabusinski Posted - 1 hour ago

$BITF $IREN $CLSK $MARA $BTC.X- Interesting.....everyone has forgotten the Bitty Transaction fees (that are popping) this quarter. They all should get their share of this super profitable component of revenue for the quarter (and beyond).

User Image DooScooby7 Posted - 1 hour ago

$CLSK $CIFR $RIOT $IREN Rewards and tx fees are looking like a massive win for miners. But make sure your miner is a recipient. CLSK in the US Foundry mining pool is already smashing it in the blocks post halving. Over the past year, statistics reveal that 54,002 bitcoin blocks have been mined from Dec. 30, 2022, to Dec. 30, 2023. Leading the industry this year, Foundry USA topped the charts by mining 16,492 blocks in the past 12 months. https://news.bitcoin.com/5-mining-pools-dominated-in-2023-discovering-over-84-of-bitcoins-blocks/#google_vignette

User Image 10BaggerIntrinsicValue Posted - 1 hour ago

$BTC.X $MARA $CLSK $IREN $RIOT Best (and longest) explanation of fee cost explosion and of runes that I have read thus far. Then I plugged into Chat Gbt for further explanations which was very cool. Btw, the fees are bouncing around but still many times higher than last weeks average meaning all the top miners are generating serious profits right now. How long it lasts is anybodys guess. https://twitter.com/jimmysong/status/1781518918001078441?s=46&t=b5w5XhS1rL5_nwa_nVQ15g

User Image Newmane6 Posted - 1 hour ago

$CLSK $IREN $MARA $RIOT $WULF This could push a new bullish thesis for miners with these fees. The question is if this is only a one time thing or if this will be the norm moving forward…..

User Image Gotcha_TX Posted - 1 hour ago

$CLSK $IREN $MARA $RIOT $WULF In simple terms.. why is this happening? Planned? Rune? https://x.com/cjkonstantinos/status/1781518144055455849?s=46

User Image Gotcha_TX Posted - 2 hours ago

$CLSK $IREN $MARA $RIOT $WULF

User Image benl387 Posted - 2 hours ago

$IREN No WW 3 for time being Both sides did the equivalent of punching in the air. If they wanted to they could’ve messed each other up. Iran told the US 72 hours in advance so Israel and the US were ready to knock all their drones down. They had to do something since Israel killed three top generals who helped coordinate the October massacre. Israel sent there worst and slowest drones in to a very limited area and did no damage. Iran shot most of them down.They both can claim victory and retribution. Iran made a speech after it was attacked. They never even mentioned the attack. They only talked about their attack on Israel and conveniently forgot they were hit back. It’s in neither interest to go to war right now. Israel has to finish with Gaza and there are a lot of Iran proxies that can make life very difficult for them if they up the ante directly with Iran Iran has 90 million people but a pretty unsophisticated army. Besides Israel can nuke them and they know it.

User Image benl387 Posted - 2 hours ago

$IREN $BITF yes I put all my money into these two, when I’m done I will diversify. I’m going to turn this 50k portfolio life into a much better one ☝️

User Image benl387 Posted - 3 hours ago

$IREN $BITF imagine how rich we gonna be when bitcoin hits 200k

User Image T1T00 Posted - 3 hours ago

@Oabdawg + I sold all $BITF for cash, and to add more $IREN at $4.49. I didn’t like their CEO and Paraguay uncertainty. Hope all’s clear brother 👊🏼

User Image T1T00 Posted - 4 hours ago

@Oabdawg I never sold $IREN and $MARA - I believe in both of their long term potential. I sold $CLSK at $20 when insiders sold. I shorted this from $22 to $15 and then got back in at $15. I’m bearish $WULF because of debts and possible dilution. I shorted $HUT from $18 till $7.3. I got back in again at $7.13. I play both sides. “Miners are not for marrying” - I always say that.

User Image 10BaggerIntrinsicValue Posted - 6 hours ago

$BTC.X $MARA $RIOT $IREN $CLSK Is this what you were looking for? :) https://data.hashrateindex.com/chart/bitcoin-transaction-fees

User Image T1T00 Posted - 9 hours ago

All miners said they were happy with halving. Looking at current trx fees, it makes totally sense now. Happy days ahead 😀✌️ $IREN $10+ $MARA $30+ $CLSK $30+ In coming weeks, not months.

User Image 10BaggerIntrinsicValue Posted - 11 hours ago

$IREN I can't attribute this prognostication to any one event nor any inside knowledge but in my educated and highly experienced investor opinion, I am expecting a takeover offer on IREN by Friday at the very latest. No clue on price but the sooner it is, the cheaper it will be. Minimum $10 by Monday night imo regardless of $BTC.X price. Mgmt have been far too quiet. That is my #1 clue as they are normally very chatty. #2, way too cheap, 3, hottest fastest growth sector in tge world, 4. trading barely above cash on hand ffs. If you are bullish you just need to ask yourself one thing! Do you own enough?

User Image BitKornie700k Posted - 14 hours ago

$CLSK $RIOT $MARA $IREN $HUT You got your dip moment Now hold till the promise land!!!

User Image globalmacro Posted - 14 hours ago

$CIFR $IREN $CLSK $MARA $RIOT Fees are EXPLODING!!! These names are going to rip

User Image mikesterz7 Posted - 15 hours ago

$CIFR $IREN $CLSK $RIOT $MARA The larger a miner’s hash rate, the greater of a revenue opportunity it has.

User Image 10BaggerIntrinsicValue Posted - 15 hours ago

$IREN Newsflash on cnbc right now re btc halving which mentions 5 top miners and includes Iren. All pr is good pr.

User Image leonidburd Posted - 15 hours ago

$MARA $RIOT $CLSK $IREN $CORZ I took a look at https://mempool.space/blocks?page=1. And current rewards per block are 37 BTCs, 16 BTCs.. It is crazy

User Image Die_Hard Posted - 16 hours ago

$BTC.X here we go $CLSK $IREN $BKKT 🐂🥂

User Image jun251995 Posted - 16 hours ago

$BKKT $BTC.X $CLSK $IREN

User Image Die_Hard Posted - 16 hours ago

$BTC.X MARK THIS GUYS $CLSK $IREN $BKKT

User Image bruiserandelle Posted - 19 hours ago

@BiotechJedi1728 I did panic a little bit because I was overextended on my margin account so they came asking for cash. Rude. After moving some around and depositing to free things up I decided to rebalance things a bit to put $IREN as my primary/largest position. Then ultimately bought most of the shares I had sold in $SDIG (a few cents higher) because I do believe they will be able to pull something off here eventually. Still, happy keeping Iris out front because I’ve had a much better shareholder experience with them.

User Image douglas423 Posted - 20 hours ago

$IREN

User Image baldeagle1 Posted - 20 hours ago

$IREN please hold 5% - 40 min left

Analyst Ratings
HC Wainwright & Co. Buy Apr 2, 24
Cantor Fitzgerald Overweight Apr 1, 24
Canaccord Genuity Buy Mar 28, 24
Cantor Fitzgerald Overweight Mar 28, 24
B. Riley Securities Buy Mar 15, 24
Canaccord Genuity Buy Feb 22, 24
B. Riley Securities Buy Feb 21, 24
JP Morgan Overweight Dec 8, 23
Cantor Fitzgerald Overweight Dec 4, 23