IREN Crypto Mining

Iris Energy Limited

$45.73
-0.39% ($-0.18)
Valuation Metrics
P/E Trailing 59.39
P/E Forward -48.65
PEG Ratio 3.11
Market Cap $16.34B
Price Target $80.93 (+77.0%)
Balance Sheet
D/E Ratio 148.80
Current Ratio 3.72
Cash $2.21B
Total Debt $3.96B
Net Cash $-1.75B
Profitability
Gross Margin 68.40%
Operating Margin -64.47%
Net Margin 20.88%
ROE 7.73%
FCF $-2.31B
Scores
GF Score --
Altman Z-Score --
Piotroski F-Score --
Div. Yield --
Analyst Rating buy
Analysis & Conclusion BEARISH
SELL

SELL: High valuation at 59.4x P/E. High leverage - monitor debt levels.

Recent News
Australian cloud company pays millions for spot on Warriors jersey

A pricey new deal to sponsor the Golden State Warriors' jersey patch could help IREN — a little-known Australia-based cloud provider — increase its reach.

Axios Media •
Another crypto firm joins Russell 1000

IREN Limited (NASDAQ: IREN), the Bitcoin (BTC) miner that is increasingly pivoting itself into an AI cloud provider, has been added to the Russell 1000 Index. The Russell 1000 is …

TheStreet •
IREN Shares Gain After Joining the Russell 1000 Index (IREN)

IREN Limited (NASDAQ:IREN) shares rose 3. 6% in premarket trading on Monday after the company was added to the Russell 1000 Index as part of FTSE Russell’s annual index reconstitution, …

InvestorsHub •
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Motley Fool •
Jefferies Assigns Buy Rating to IREN Ltd. (IREN)

IREN Ltd. (NASDAQ:IREN) is one of the 10 worst artificial intelligence stocks under $30 according to short sellers. On June 18, Jonathan Petersen from Jefferies initiated his coverage of IREN …

Insider Monkey •
IREN (NasdaqGS:IREN) Lands Microsoft And Nvidia Deals As AI Data Center Expansion Grows

IREN (NasdaqGS:IREN) has shifted its focus toward building large scale data centers for artificial intelligence workloads. The company recently signed new long term infrastructure contracts with Microsoft and Nvidia tied …

Simply Wall St. •
3 Artificial Intelligence (AI) Stocks I'd Buy Now and Never Sell

In a completely AI-driven world, these companies could grow significantly in value.

Motley Fool •
Can IREN's Contracted AI Capacity Support Future Revenue Growth?

IREN Limited's contracted AI capacity and Blackwell expansion can fuel revenue growth as new GPU deployments bring more contracted infrastructure online.

Zacks •
Bitcoin Crashes Below $60,000 as Crypto Stocks Enter Free Fall

Strategy, Coinbase Lead Crypto Stock Meltdown as Bitcoin Breaks Down

GuruFocus.com •
Leopold Aschenbrenner’s Situational Awareness Likes This Crypto Stock Despite Bitcoin Declines

We just covered Leopold Aschenbrenner’s Situational Awareness Reveals Its 10 Under-The-Radar AI Stock Picks. CleanSpark (NASDAQ:CLSK) ranks #5 (see Situational Awareness Top 5 Under-The-Radar AI Stock Picks). Situational Awareness Stake …

Insider Monkey •