← AI Companies
Iris Energy Limited operates as a sustainable Bitcoin mining company, focusing on energy infrastructure for AI and high-performance computing data centers.
- Share Price
- 19.73USD
- Market Cap
- 8.37BUSD
- Revenue
- 695.01MUSD
- Net Income
- -1.35BUSD
Financial data: Yahoo Finance, as of 11-Nov-2026
Price & Size
| Price |
19.73 USD |
| Market Cap |
8.37B USD |
| Shares Outstanding |
424.36M |
| Shares Float |
416.07M |
| 52w Low |
17.16 USD |
| 52w High |
70.71 USD |
| Avg Volume |
49.88M |
Valuation
| P/E (forward) |
73.1x |
| P/B |
1.57x |
| Enterprise Value |
15.07B USD |
| Book Value / Share |
12.57 USD |
| PEG Ratio |
3.11x |
| P/S |
12.05x |
| EV / Revenue |
21.68x |
| EV / EBITDA |
-491.49x |
Income
| Revenue |
695.01M USD |
| Revenue / Share |
2.00 USD |
| EBITDA |
-30.65M USD |
| Net Income |
-1.35B USD |
| EPS (trailing) |
-4.08 USD |
| EPS (forward) |
0.27 USD |
Margins & Profitability
| Gross Margin |
73.4% |
| Operating Margin |
-82.5% |
| Profit Margin |
-194.3% |
| EBITDA Margin |
-4.4% |
| Return on Equity |
-33.8% |
| Return on Assets |
-2.5% |
Cash & Debt
| Total Cash |
3.52B USD |
| Total Debt |
10.22B USD |
| Free Cash Flow |
-8.78B USD |
| Operating Cash Flow |
2.49B USD |
| Debt / Equity |
2.00x |
| Current Ratio |
1.60x |
| Quick Ratio |
0.98x |
Dividend
| Yield |
0.0% |
| Payout Ratio |
0.0% |
Analyst Consensus
| Target (Mean) |
56.69 USD |
| Target (Median) |
55.00 USD |
| Target (High) |
139.00 USD |
| Target (Low) |
23.00 USD |
| Analysts' Rating |
Buy |
| # Analysts |
19 |
Identifiers
| ISIN | AU0000185993 |
| CUSIP | Q4982L109 |
| FIGI | BBG010J28KQ2 |
| SEDOL | BMQ80V2 |
Sentiment 68.0%
as of 11-Nov-2026
Sentiment is an AI (Grok) reading of market mood over the past 30 days: 0% very negative, 50% neutral, 100% very positive.
Positive drivers
IREN's ongoing expansion of its renewable-powered data centers for AI/HPC workloads has driven positive investor sentiment, with multiple announcements of new capacity additions and potential hyperscaler partnerships during the period. Strong Bitcoin mining performance amid elevated crypto prices has provided a stable revenue base supporting the AI pivot. Analyst upgrades highlighting the company's low-cost energy advantage have further boosted optimism.
Neutral / mixed
Bitcoin price volatility has created mixed signals, with periods of strength offset by broader crypto market corrections that temper enthusiasm. Regulatory developments around energy usage for data centers remain in flux, leading to cautious positioning by some investors. Mixed quarterly results reflecting transition costs between mining and AI operations have kept sentiment from becoming uniformly bullish.
Negative drivers
Increased competition from larger AI infrastructure players has raised concerns about IREN's ability to secure long-term contracts at premium rates. Rising interest rates and macroeconomic uncertainty have weighed on growth stocks in the sector, pressuring valuations. Delays in some site expansions due to supply chain issues have introduced short-term execution risks.
Bottom line
Overall sentiment for IREN remains moderately positive, anchored by its strategic AI data center growth and renewable energy moat, though tempered by crypto volatility and competitive pressures.
Nasdaq
USD