Iris Energy Stock Buy Hold or Sell Recommendation

IREN Stock  USD 14.27  1.34  10.36%   
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Iris Energy is 'Cautious Hold'. The recommendation algorithm takes into account all of Iris Energy's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Iris Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.
In addition, we conduct extensive research on individual companies such as Iris and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Iris Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Execute Iris Energy Buy or Sell Advice

The Iris recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Iris Energy. Macroaxis does not own or have any residual interests in Iris Energy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Iris Energy's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Iris EnergyBuy Iris Energy
Cautious Hold

Market Performance

GoodDetails

Volatility

Moderately volatileDetails

Hype Condition

Over hypedDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Above AverageDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Iris Energy has a Mean Deviation of 5.77, Semi Deviation of 4.61, Standard Deviation of 7.73, Variance of 59.7, Downside Variance of 28.53 and Semi Variance of 21.22
Our advice tool can cross-verify current analyst consensus on Iris Energy and to analyze the company potential to grow in the current economic cycle. To make sure Iris Energy is not overpriced, please check out all Iris Energy fundamentals, including its price to book, current ratio, total asset, as well as the relationship between the net income and price to earnings to growth . Given that Iris Energy has a number of shares shorted of 10.16 M, we strongly advise you to confirm Iris Energy market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Iris Energy Trading Alerts and Improvement Suggestions

Iris Energy is way too risky over 90 days horizon
Iris Energy appears to be risky and price may revert if volatility continues
Iris Energy has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 188.76 M. Net Loss for the year was (28.95 M) with profit before overhead, payroll, taxes, and interest of 57.61 M.
Latest headline from gurufocus.com: IREN announces proposed convertible notes offering

Iris Energy Returns Distribution Density

The distribution of Iris Energy's historical returns is an attempt to chart the uncertainty of Iris Energy's future price movements. The chart of the probability distribution of Iris Energy daily returns describes the distribution of returns around its average expected value. We use Iris Energy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Iris Energy returns is essential to provide solid investment advice for Iris Energy.
Mean Return
1.38
Value At Risk
-8.17
Potential Upside
16.01
Standard Deviation
7.73
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Iris Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Iris Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument, such as Iris Energy, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Iris Energy back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
Shares
Simplex Trading, Llc2024-09-30
1.2 M
Steadfast Capital Management Llc2024-09-30
1.1 M
Goldman Sachs Group Inc2024-09-30
1.1 M
Van Eck Associates Corporation2024-06-30
M
Pennant Investors Lp2024-09-30
940 K
Vgi Partners Pty Ltd2024-09-30
875.3 K
Morgan Stanley - Brokerage Accounts2024-09-30
753.8 K
Geode Capital Management, Llc2024-09-30
735.1 K
Exchange Traded Concepts, Llc2024-09-30
713.6 K
Susquehanna International Group, Llp2024-09-30
4.6 M
Marshall Wace Asset Management Ltd2024-09-30
4.3 M
Note, although Iris Energy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Iris Energy Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash2.3M36.9M71.0M(41.1M)335.7M352.5M
Free Cash Flow(5.3M)(79.6M)(272.7M)(110.0M)(427.2M)(405.8M)
Other Non Cash Items1.5M43.9M419.9M9.1M(4.4M)(4.1M)
Capital Expenditures4.3M81.2M294.2M116.1M479.9M503.9M
Net Income(2.1M)(45.0M)(419.8M)(171.9M)(29.0M)(30.4M)
End Period Cash Flow(987K)39.1M110.0M68.9M404.6M424.8M
Change To Netincome261K76.7M426.9M136.0M156.4M140.8M

Iris Energy Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Iris Energy or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Iris Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Iris stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
0.73
β
Beta against Dow Jones4.71
σ
Overall volatility
7.79
Ir
Information ratio 0.16

Iris Energy Volatility Alert

Iris Energy is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Iris Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Iris Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Iris Energy Fundamentals Vs Peers

Comparing Iris Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Iris Energy's direct or indirect competition across all of the common fundamentals between Iris Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Iris Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Iris Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Iris Energy by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Iris Energy to competition
FundamentalsIris EnergyPeer Average
Return On Equity-0.0413-0.31
Return On Asset-0.0229-0.14
Profit Margin(0.15) %(1.27) %
Operating Margin(0.40) %(5.51) %
Current Valuation2.96 B16.62 B
Shares Outstanding214.41 M571.82 M
Shares Owned By Insiders7.28 %10.09 %
Shares Owned By Institutions32.42 %39.21 %
Number Of Shares Shorted10.16 M4.71 M
Price To Book2.45 X9.51 X
Price To Sales16.21 X11.42 X
Revenue188.76 M9.43 B
Gross Profit57.61 M27.38 B
EBITDA25.4 M3.9 B
Net Income(28.95 M)570.98 M
Cash And Equivalents109.97 M2.7 B
Cash Per Share2.00 X5.01 X
Total Debt1.66 M5.32 B
Debt To Equity0.25 %48.70 %
Current Ratio1.88 X2.16 X
Book Value Per Share5.84 X1.93 K
Cash Flow From Operations52.72 M971.22 M
Short Ratio0.54 X4.00 X
Earnings Per Share(0.53) X3.12 X
Price To Earnings To Growth4.05 X4.89 X
Target Price17.94
Number Of Employees14418.84 K
Beta3.4-0.15
Market Capitalization3.06 B19.03 B
Total Asset1.15 B29.47 B
Retained Earnings(683.23 M)9.33 B
Working Capital401.39 M1.48 B
Net Asset1.15 B

Iris Energy Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Iris . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Iris Energy Buy or Sell Advice

When is the right time to buy or sell Iris Energy? Buying financial instruments such as Iris Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Iris Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Toys Thematic Idea Now

Toys
Toys Theme
Companies producing and distributing toys and different gaming products for kids. The Toys theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Toys Theme or any other thematic opportunities.
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When determining whether Iris Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Iris Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Iris Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Iris Energy Stock:
Check out Iris Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iris Energy. If investors know Iris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iris Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.53)
Revenue Per Share
1.894
Quarterly Revenue Growth
0.679
Return On Assets
(0.02)
Return On Equity
(0.04)
The market value of Iris Energy is measured differently than its book value, which is the value of Iris that is recorded on the company's balance sheet. Investors also form their own opinion of Iris Energy's value that differs from its market value or its book value, called intrinsic value, which is Iris Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iris Energy's market value can be influenced by many factors that don't directly affect Iris Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iris Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iris Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iris Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.