Iridex Corp

IRIXNASDAQ • USD
0.71 USD
↗ 0.06 (9.61%)🟢LIVE (AS OF 01:51 PM EDT)
🟢Market: OPEN

Iridex Corp (IRIX) is currently trading at $0.71. The stock presents a bearish profile across the board: technical indicators signal "Sell" and our fundamental models agree with a "Strong Sell" rating. This is driven by a concerning Altman Z-Score in the distress zone, a weak Piotroski F-Score of 0/9, negative Return on Equity and a bearish Death Cross on the long-term moving averages. Valuation metrics suggest IRIX is trading at a discount to its peers, earning an "Attractively Valued" rating.

Technical & fundamental data as of Oct 2, 2026.

Open?$0.63
High?$0.72
Low?$0.63
Prev. Close?$0.64
Volume?76.0K
Avg. Volume?62.8K
VWAP?$0.68
Rel. Volume?1.21x
Bid / Ask
Bid?$0.61 × 100
Ask?$0.80 × 100
Spread?$0.20
Midpoint?$0.70
Valuation & Ratios
Market Cap?11.2M
Shares Out?17.6M
Float?11.8M
Float %?68.1%
P/E Ratio?N/A
P/B Ratio?3.09
EPS?-$0.20
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
IRIDEX Corp is an ophthalmic medical technology company focused on the development and commercialization of breakthrough products and procedures used to treat sight-threatening eye conditions, including glaucoma and retinal diseases. Its products include Lasers, Laser delivery devices, Glaucoma devices, Retinal surgical instruments, and Veterinary and ENT products. The firm also powers its products with its proprietary Micropulse technology. The company operates in only one reportable segment, Ophthalmology. It derives revenues from the sale of consoles, delivery devices, consumables, services, and support activities. The geographical segments of the company include the United States, which drives maximum revenue, Europe, and the Americas, excluding the U.S. and Asia/Pacific Rim.
Employees
108
Market Cap
11.3M
Industry
ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS
Listed
1996-02-16
Address
1212 TERRA BELLA AVE
MOUNTAIN VIEW, CA 94043
Phone: (650) 940-4700
Technical OutlookSell
Strong SellNeutralStrong Buy
Long-Term (Tide)?▼ Bearish(-2/3)
Medium-Term (Wave)?– Neutral(0/3)
Short-Term (Ripple)?▲ Bullish(+2/3)
MA Alignment?Mixed
Full Technical Analysis →
Fundamental OutlookStrong Sell
Strong SellNeutralStrong Buy
F-Score?
3
Z-Score?
0
Momentum?
8
Short Sent.?
59
Piotroski F-Score?0/9Weak
Altman Z-Score?-2.52Distress
Confidence?54%Low
Full Fundamental Analysis →
Short InterestLow
Short % of Float?1.35%Low
Short Interest?160.3K
Days to Cover?2.6
Free Float11.8M
Avg Daily Volume62.6K
Settlement Date2026-09-15
Financial Health
Current Ratio?1.82Adequate
Quick Ratio?1.08Adequate
Cash Ratio?0.36Low
Debt/Equity?1.04Moderate
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score
92/100
P/E?
N/A▾
P/B?
Peers
100
S&P
54
3.09FAIR▾
P/S?
Peers
100
S&P
97
0.22CHEAP▾
P/FCF?
N/A▾
EV/EBITDA?
S&P
97
-4.4CHEAP▾
EV/Sales?
Peers
100
S&P
97
0.20CHEAP▾
Returns & Efficiency
ROE?
S&P
3
-97.5%WEAK▾
ROA?
S&P
3
-13.0%WEAK▾
Cash Flow & Enterprise
FCF?$-2000000
Enterprise Value?$10.4M
Fundamentals ratios updated end of day