← AI Companies
Iris Energy Limited operates as a sustainable Bitcoin mining company, focusing on energy infrastructure for AI and high-performance computing data centers.
Snapshot
| Country |
AUS
|
| Exchange | Nasdaq |
| AI Layer |
infra
|
| Category |
3.60 Cloud & AI Compute Platforms
|
| Sentiment |
58.0% |
| USD Mkt Cap | 17.27B |
| USD Revenue | 707.01M |
| USD Net Income | -702.62M |
| P/E | 51.30 |
| fwd P/E | -165.40 |
| PEG | 3.11 |
| Price 3M | -26.9% |
| Price 6M | +6.3% |
| Price 1Y | +30.2% |
| Price 2Y | +484.9% |
| USD Share Price | 44.22 |
Price & Size
| Price |
43.83 USD |
| Market Cap |
17.27B USD |
| Shares Outstanding |
394.06M |
| Shares Float |
346.18M |
| 52w Low |
28.93 USD |
| 52w High |
76.87 USD |
| Avg Volume |
43.48M |
Valuation
| P/E (forward) |
-165.4x |
| P/B |
3.98x |
| Enterprise Value |
19.22B USD |
| Book Value / Share |
11.01 USD |
| PEG Ratio |
3.11x |
| P/S |
24.43x |
| EV / Revenue |
27.18x |
| EV / EBITDA |
501.10x |
Income
| Revenue |
707.01M USD |
| Revenue / Share |
2.24 USD |
| EBITDA |
38.35M USD |
| Net Income |
-702.62M USD |
| EPS (trailing) |
-2.22 USD |
| EPS (forward) |
-0.26 USD |
Margins & Profitability
| Gross Margin |
68.9% |
| Operating Margin |
-102.5% |
| Profit Margin |
-99.4% |
| EBITDA Margin |
5.4% |
| Return on Equity |
-23.4% |
| Return on Assets |
-2.5% |
Cash & Debt
| Total Cash |
5.90B USD |
| Total Debt |
7.84B USD |
| Free Cash Flow |
-4.22B USD |
| Operating Cash Flow |
2.10B USD |
| Debt / Equity |
1.87x |
| Current Ratio |
3.55x |
| Quick Ratio |
2.66x |
Analyst Consensus
| Target (Mean) |
77.84 USD |
| Target (Median) |
80.00 USD |
| Target (High) |
131.00 USD |
| Target (Low) |
43.00 USD |
| Recommendation |
buy |
| # Analysts |
16 |
Identifiers
| ISIN | AU0000185993 |
| CUSIP | Q4982L109 |
| FIGI | BBG010J28KQ2 |
| SEDOL | BMQ80V2 |
Sentiment 58.0%
as of Sep 12, 2026
Positive drivers
IREN continued to expand its renewable-powered data center capacity, positioning itself for AI/HPC workloads amid ongoing industry demand. Positive analyst notes highlighted potential revenue diversification beyond Bitcoin mining. Institutional interest remained steady with no major sell-offs reported.
Neutral / mixed
Bitcoin price volatility created mixed signals for the core mining business, offsetting some AI-related optimism. Regulatory developments around energy usage in data centers remained in discussion without immediate impact. Quarterly results showed stable operations but limited new AI contract announcements.
Negative drivers
Broader market caution on high-valuation tech stocks weighed on sentiment during the period. Competition from larger players in the AI infrastructure space increased. Delays in some expansion timelines were noted in industry reports.
Bottom line
Overall sentiment for IREN is mildly positive, driven by AI growth potential tempered by crypto volatility and competitive pressures.