Iris Energy wrapped its initial public offering, selling 8.269 million shares at $28 each, above its $25 to $27 range. The stock had been available via Robinhood's IPO Access program.
IREN trades on the Nasdaq.
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| Latest market close | $10.10 |
|---|---|
| 52-week range | $2.84 - $15.75 |
| 50-day moving average | $8.61 |
| 200-day moving average | $7.86 |
| Wall St. target price | $16.19 |
| PE ratio | N/A |
| Dividend yield | N/A |
| Earnings per share (TTM) | $-0.29 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $10.41 from 2024-11-19
| 1 week (2024-11-14) | 0.77% |
|---|---|
| 1 month (2024-10-21) | 8.21% |
| 3 months (2024-08-21) | 19.93% |
| 6 months (2024-05-21) | 40.68% |
| 1 year (2023-11-21) | 262.72% |
|---|---|
| 2 years (2022-11-21) | 571.61% |
| 3 years (2021-11-19) | 24.8 |
| 5 years (2019-11-18) | N/A |
Valuing Iris Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Iris Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Iris Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.0547. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Iris Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Iris Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $23.3 million.
The EBITDA is a measure of a Iris Energy's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $188.8 million |
|---|---|
| Gross profit TTM | $57.6 million |
| Return on assets TTM | -2.29% |
| Return on equity TTM | -4.13% |
| Profit margin | -15.34% |
| Book value | $5.84 |
| Market Capitalization | $2.3 billion |
TTM: trailing 12 months
We're not expecting Iris Energy to pay a dividend over the next 12 months.
Over the last 12 months, Iris Energy's shares have ranged in value from as little as $2.84 up to $15.75. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Iris Energy's is 3.399. This would suggest that Iris Energy's shares are significantly more volatile than the average for this exchange and represent a higher risk.
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. .
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