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Iris Energy Ltd (NASDAQ:IREN)

4.4 USD -0.09 USD ( -2% )
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Iris Energy Ltd
NASDAQ:IREN
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Intrinsic Value

There is not enough data to reliably calculate the intrinsic value of IREN.

The Intrinsic Value is calculated as the average of the two valuation methods:

IREN Intrinsic Value
Base Case
Not Available
I
Worst Case
Base Case
Best Case

Fundamental Analysis

IREN Profitability Score
Profitability Due Diligence

Iris Energy Ltd's profitability score is 35/100. The higher the profitability score, the more profitable the company is.

Negative 3-Year Average ROE
Negative Free Cash Flow
Negative Net Income
Negative ROE
35/100
Profitability
Score

Iris Energy Ltd's profitability score is 35/100. The higher the profitability score, the more profitable the company is.

IREN Solvency Score
Solvency Due Diligence

Iris Energy Ltd's solvency score is 48/100. The higher the solvency score, the more solvent the company is.

Average Interest Coverage
Low Altman Z-Score
Short-Term Liabilities
Negative Net Debt
48/100
Solvency
Score

Iris Energy Ltd's solvency score is 48/100. The higher the solvency score, the more solvent the company is.

Wall Street
Price Targets

IREN Price Targets Summary
Iris Energy Ltd

Wall Street analysts forecast IREN stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for IREN is 11.29 USD with a low forecast of 6.06 USD and a high forecast of 23.1 USD.

Lowest
Price Target
6.06 USD
38% Upside
Average
Price Target
11.29 USD
157% Upside
Highest
Price Target
23.1 USD
425% Upside
View Analyst Estimates
View Analyst Estimates

Insider Trading

IREN Insider Trading
Buy and sell transactions by insiders

There is no information about any insider activity
Why is insider trading important?

Competitors

Competitors Valuation
Iris Energy Ltd Competitors

Shareholder Return

IREN Price
Iris Energy Ltd

1M 1M
+2%
6M 6M
-69%
1Y 1Y
-96%
3Y 3Y
-94%
5Y 5Y
-92%
Annual Price Range
4.4
52w Low
3.05
52w High
105.5
Price Metrics
Average Annual Return 13.57%
Standard Deviation of Annual Returns 15%
Max Drawdown -97%

Company Profile

Iris Energy Ltd

Country

Australia

Industry

Technology

Market Cap

233M USD

Dividend Yield

0%

Description

Iris Energy Ltd. operates as a Bitcoin mining company. The company is headquartered in Sydney, New South Wales and currently employs 39 full-time employees. The company went IPO on 2021-11-17. The firm builds, owns and operates data center and electrical infrastructure for the mining of Bitcoin primarily powered by renewable energy. The company uses computers powered by renewables to secure the Global bitcoin network. The company builds data centers through research and development to optimize the operational environment, including uptime performance. The company mines Bitcoin and forms relationships with Bitcoin mining hardware suppliers, including Bitmain Technologies Limited, as well as utility companies such as BC Hydro. The firm uses Antpool as its main mining pool service provider and it is subject to Antpool’s User Service Agreement. The company also has right to terminate its use of Antpool’s services at any time. The firm and its business and commercial partners, such as mining pools, digital asset exchanges and other third parties with which it interacts, rely on third-party service providers’ information technology (IT) systems.

Contact

NEW SOUTH WALES
Sydney
Level 21, 60 Margaret Street, Level 21
+612129061200.0
https://irisenergy.co/

IPO

2021-11-17

Employees

39

Officers

Co-Founder, Co-CEO & Director
Mr. Daniel Roberts
Pres
Mr. Lindsay James Ward F.A.C.I.D.
Chief Financial Officer
Ms. Belinda Nucifora
Chief Operating Officer
Mr. David Shaw
VP of Corp. Fin.
Mr. Bom Shin
Chief Technology Officer?
Mr. Denis Skrinnikoff
Show More
Gen. Counsel & Company Sec.
Ms. Joanna Brand B.A., GAICD, J.D., M.B.A (Exec.)
Group Financial Controller
Ms. Yvonne Martins
VP of Operations
Mr. Glenn Harrison
Show Less

See Also

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