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How to buy Iris Energy Ltd (IREN) stocks

Learn how to easily invest in Iris Energy Ltd stocks.

Iris Energy wrapped its initial public offering, selling 8.269 million shares at $28 each, above its $25 to $27 range.

IREN trades on the Nasdaq.

How to buy Iris Energy Ltd stock

  1. Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – IREN. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Iris Energy Ltd stock price (NASDAQ:IREN)

Use our graph to track the performance of IREN stocks over time.

Iris Energy Ltd shares at a glance

Information last updated 2023-05-28.
Latest market close$3.58
52-week range$1.02 - $6.94
50-day moving average $3.62
200-day moving average $3.08
Wall St. target price$8.17
PE ratio 3.1545
Dividend yield $0 (0%)
Earnings per share (TTM) $1.10

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Is it a good time to buy Iris Energy Ltd 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.

Iris Energy Ltd price performance over time

Historical closes compared with the close of $3.58 from 2023-06-01

1 week (2023-05-25) 2.58%
1 month (2023-05-02) -8.21%
3 months (2023-03-02) 43.20%
6 months (2022-12-02) 123.75%
1 year (2022-06-02) -39.93%
2 years (2021-06-02) -96.31%
3 years (2020-06-02) 83
5 years (2018-06-01) 59.4

Is Iris Energy Ltd stock undervalued or overvalued?

Valuing Iris Energy Ltd stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Iris Energy Ltd's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Iris Energy Ltd 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 $190.8 million

TTM: trailing 12 months

Iris Energy Ltd share dividends

We're not expecting Iris Energy Ltd to pay a dividend over the next 12 months.

Iris Energy Ltd overview

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

Stocks similar to Iris Energy Ltd

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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