Finder Award
SoFi Invest
- Trade stocks for $0 and no annual fee
- Start trading with a $0 minimum deposit
- Get up to $1,000 when you fund a new account within 30 days
Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure
How to buy Iris Energy stock
Learn how to easily invest in Iris Energy stock.
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.
How to buy Iris Energy stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – IREN. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
Finder Award
Finder Award
eToro
- Easy to use platform with $0 stock trading & no annual fees
- Social trading allows you to copy popular portfolios
- FINDER EXCLUSIVE: Guaranteed $15 bonus when you sign up and deposit $100
tastytrade
- $0 commissions on stocks and ETFs
- $0 closing commissions on stock and ETF options
- Get $100 - $2,000 when you open and fund an account with $5,000 to $100,000+
Iris Energy stock price (NASDAQ: IREN)
Use our graph to track the performance of IREN stocks over time.Iris Energy shares at a glance
Information last updated 2023-03-25.
| Latest market close | $2.72 |
|---|---|
| 52-week range | $1.02 - $16.09 |
| 50-day moving average | $2.56 |
| 200-day moving average | $3.12 |
| Wall St. target price | $6.90 |
| PE ratio | 2.4622 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $1.19 |
Buy Iris Energy stocks from these online trading platforms
Compare special offers, low fees and a wide range of investment options among top trading platforms.1 - 6 of 6
Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
Is it a good time to buy Iris Energy stock?
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.
Iris Energy price performance over time
Historical closes compared with the close of $2.72 from 2023-03-27
| 1 week (2023-03-21) | -18.07% |
|---|---|
| 1 month (2023-02-28) | -1.81% |
| 3 months (2022-12-28) | 156.60% |
| 6 months (2022-09-28) | -27.85% |
| 1 year (2022-03-28) | -80.38% |
|---|---|
| 2 years (2021-03-26) | -97.01% |
| 3 years (2020-03-27) | 79.4 |
| 5 years (2018-03-28) | 65 |
Is Iris Energy stock undervalued or overvalued?
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 P/E ratio
Iris Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 2x. In other words, Iris Energy shares trade at around 2x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Iris Energy financials
| Revenue TTM | $58.4 million |
|---|---|
| Gross profit TTM | $51.6 million |
| Return on assets TTM | -5.07% |
| Return on equity TTM | -45.41% |
| Profit margin | -278.81% |
| Book value | $5.09 |
| Market capitalisation | $161.1 million |
TTM: trailing 12 months
Iris Energy share dividends
We're not expecting Iris Energy to pay a dividend over the next 12 months.
Iris Energy overview
Iris Energy Limited owns and operates bitcoin mining data centers in Canada, the United States, and the Asia-Pacific. The company was incorporated in 2018 and is headquartered in Sydney, Australia. .
Iris Energy in the news
Iris Energy provides 5.5 EH/s installation update
Lifshitz Law PLLC Announces Investigations of Silvergate Capital Corporation (NYSE: SI), Iris Energy Limited (NASDAQ: IREN), F45 Training Holdings, Inc. (NYSE: FXLV), and Affirm Holdings, Inc. (NASDAQ: AFRM)
Iris Energy Commences 5.5 EH/s Installation and Confirms No Deposits with Silicon Valley Bank, Silvergate Capital, or Signature Bank
Frequently asked questions
What percentage of Iris Energy is owned by insiders or institutions?Currently 23.972% of Iris Energy shares are held by insiders and 21.368% by institutions. How many people work for Iris Energy?
Latest data suggests 102 work at Iris Energy. When does the fiscal year end for Iris Energy?
Iris Energy's fiscal year ends in June. Where is Iris Energy based?
Iris Energy's address is: 44 Market Street, Sydney, NSW, Australia, 2000 What is Iris Energy's ISIN number?
Iris Energy's international securities identification number is: AU0000185993
More guides on Finder
-
What happens if a brokerage firm fails?
Here’s what happens to your securities if your brokerage fails, and how your assets are protected by SIPC and FDIC.
-
How to Buy Gold Stocks
Learn about buying physical gold, plus stocks and ETFs, to learn how you can add gold exposure to your portfolio.
-
Silicon Valley Bank collapse: Which ETFs and stocks are impacted?
Several ETFs have exposure to Silicon Valley Bank, but it appears minimal.
-
How to Buy Treasury Bills
Treasury Bills are fixed-income assets with maturities of less than one year. Here’s what to know before investing.
-
SVB collapses: What does it mean for your portfolio?
The 16th largest US bank has collapsed, but its impact on your portfolio could be limited depending on what you own.
-
How to buy Vanguard VTI Total Stock Market ETF units
Steps to investing in the Vanguard (VTI) Total Stock Market ETF.
-
How to buy Neuraxis (NRXS) stock when it goes public
Everything we know about the Neuraxis IPO, plus information on how to buy in.
-
How to buy TXO Energy (TXO) stock
Everything we know about the TXO Energy IPO, plus information on how to buy in.
-
How to buy Brera (BREA) stock
Everything we know about the Brera IPO, plus information on how to buy in.
-
How to invest in the S&P 500
What you need to know about investing in the leading indicator for the overall US stock market.
Ask an Expert