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Iris Energy (IREN) Competitors

$7.79
+0.38 (+5.13%)
(As of 05/31/2024 ET)

IREN vs. CCB, ARBK, CLSK, QFIN, WD, RIOT, LU, UPST, PWP, and CIFR

Should you be buying Iris Energy stock or one of its competitors? The main competitors of Iris Energy include Coastal Financial (CCB), Argo Blockchain (ARBK), CleanSpark (CLSK), Qifu Technology (QFIN), Walker & Dunlop (WD), Riot Platforms (RIOT), Lufax (LU), Upstart (UPST), Perella Weinberg Partners (PWP), and Cipher Mining (CIFR).

Iris Energy vs.

Iris Energy (NASDAQ:IREN) and Coastal Financial (NASDAQ:CCB) are both small-cap oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, analyst recommendations, community ranking, valuation, media sentiment, profitability and risk.

Iris Energy currently has a consensus price target of $12.50, indicating a potential upside of 60.46%. Coastal Financial has a consensus price target of $54.00, indicating a potential upside of 21.79%. Given Iris Energy's higher probable upside, research analysts plainly believe Iris Energy is more favorable than Coastal Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Iris Energy
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
Coastal Financial
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50

Iris Energy has a beta of 3.05, suggesting that its stock price is 205% more volatile than the S&P 500. Comparatively, Coastal Financial has a beta of 1.16, suggesting that its stock price is 16% more volatile than the S&P 500.

41.1% of Iris Energy shares are held by institutional investors. Comparatively, 59.2% of Coastal Financial shares are held by institutional investors. 21.6% of Iris Energy shares are held by insiders. Comparatively, 16.8% of Coastal Financial shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Coastal Financial has a net margin of 6.55% compared to Iris Energy's net margin of 0.00%. Coastal Financial's return on equity of 14.31% beat Iris Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Iris EnergyN/A N/A N/A
Coastal Financial 6.55%14.31%1.11%

In the previous week, Coastal Financial had 2 more articles in the media than Iris Energy. MarketBeat recorded 5 mentions for Coastal Financial and 3 mentions for Iris Energy. Iris Energy's average media sentiment score of 1.58 beat Coastal Financial's score of 0.76 indicating that Iris Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Iris Energy
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Coastal Financial
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Coastal Financial has higher revenue and earnings than Iris Energy.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Iris Energy$75.51M15.12-$171.87MN/AN/A
Coastal Financial$537.55M1.11$44.58M$2.8615.50

Iris Energy received 34 more outperform votes than Coastal Financial when rated by MarketBeat users. Likewise, 72.41% of users gave Iris Energy an outperform vote while only 53.33% of users gave Coastal Financial an outperform vote.

CompanyUnderperformOutperform
Iris EnergyOutperform Votes
42
72.41%
Underperform Votes
16
27.59%
Coastal FinancialOutperform Votes
8
53.33%
Underperform Votes
7
46.67%

Summary

Coastal Financial beats Iris Energy on 9 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IREN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IREN vs. The Competition

MetricIris EnergyNondepository credit institutions IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.14B$6.38B$8.48B$7.99B
Dividend YieldN/A5.31%11.59%4.00%
P/E RatioN/A8.2210.4314.93
Price / Sales15.127.1278.2873.53
Price / CashN/A31.909.6931.55
Price / Book1.692.793.014.59
Net Income-$171.87M$441.59M$976.81M$213.90M
7 Day Performance-0.51%-0.62%1.54%0.87%
1 Month Performance70.46%5.41%4.62%1.82%
1 Year Performance122.57%39.07%7.12%5.90%

Iris Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CCB
Coastal Financial
4.449 of 5 stars
$44.18
-0.4%
$54.00
+22.2%
+25.9%$592.90M$537.55M15.45486Short Interest ↑
ARBK
Argo Blockchain
1.8558 of 5 stars
$1.44
+5.1%
$2.23
+55.1%
+12.2%$83.17M$50.56M-2.6282Short Interest ↓
News Coverage
CLSK
CleanSpark
1.8906 of 5 stars
$18.65
+5.8%
$19.22
+3.0%
+272.0%$4.25B$168.41M0.00130Short Interest ↑
QFIN
Qifu Technology
4.8406 of 5 stars
$20.03
+0.2%
$24.73
+23.5%
+31.8%$3.23B$2.29B5.193,121Short Interest ↑
News Coverage
Positive News
WD
Walker & Dunlop
1.0423 of 5 stars
$94.87
-0.4%
$100.00
+5.4%
+32.7%$3.20B$1.05B34.621,326Positive News
RIOT
Riot Platforms
3.1475 of 5 stars
$10.80
+4.1%
$18.33
+69.7%
-21.5%$3.12B$280.70M12.41534Analyst Forecast
LU
Lufax
4.6265 of 5 stars
$4.28
flat
$6.40
+49.5%
-19.7%$2.45B$4.82B-30.5736,215Short Interest ↓
News Coverage
UPST
Upstart
2.3352 of 5 stars
$23.62
+1.2%
$26.78
+13.4%
-16.9%$2.08B$513.56M-11.471,388News Coverage
Gap Up
PWP
Perella Weinberg Partners
0.5347 of 5 stars
$16.21
+1.8%
$16.50
+1.8%
+96.7%$1.53B$648.65M-8.72650Short Interest ↑
CIFR
Cipher Mining
2.1677 of 5 stars
$4.01
-2.0%
$5.50
+37.2%
+47.2%$1.24B$126.84M66.8435Insider Selling

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This page (NASDAQ:IREN) was last updated on 6/2/2024 by MarketBeat.com Staff

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