FY2025 EPS Estimates for Iris Energy Cut by Roth Capital

Iris Energy Limited (NASDAQ:IREN) – Analysts at Roth Capital cut their FY2025 earnings per share (EPS) estimates for Iris Energy in a note issued to investors on Tuesday, January 21st. Roth Capital analyst D. Aftahi now expects that the company will post earnings per share of $0.29 for the year, down from their prior forecast of $0.30. Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for Iris Energy’s current full-year earnings is $0.12 per share. Roth Capital also issued estimates for Iris Energy’s Q1 2026 earnings at $0.39 EPS.

A number of other equities analysts have also recently commented on the stock. HC Wainwright lifted their price target on shares of Iris Energy from $13.00 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. BTIG Research initiated coverage on Iris Energy in a research note on Friday, December 20th. They set a “buy” rating and a $33.00 price target for the company. B. Riley boosted their price objective on Iris Energy from $15.00 to $16.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Needham & Company LLC reiterated a “hold” rating on shares of Iris Energy in a research note on Wednesday, November 27th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $15.00 target price (up from $9.50) on shares of Iris Energy in a research note on Tuesday, December 10th. Two analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $19.50.

Iris Energy Trading Up 5.3 %

IREN stock opened at $12.28 on Friday. Iris Energy has a twelve month low of $3.56 and a twelve month high of $15.92. The firm’s fifty day simple moving average is $11.74 and its two-hundred day simple moving average is $9.97.

Iris Energy (NASDAQ:IREN) last announced its earnings results on Tuesday, November 26th. The company reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.11). Iris Energy had a negative return on equity of 8.01% and a negative net margin of 36.10%.

Institutional Trading of Iris Energy

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. R Squared Ltd purchased a new stake in shares of Iris Energy during the 4th quarter worth $37,000. AFG Fiduciary Services Limited Partnership bought a new position in Iris Energy in the third quarter worth about $77,000. Covestor Ltd purchased a new stake in shares of Iris Energy during the third quarter valued at about $87,000. Sippican Capital Advisors bought a new stake in shares of Iris Energy in the 3rd quarter valued at about $94,000. Finally, Bluefin Capital Management LLC purchased a new position in shares of Iris Energy in the 2nd quarter worth approximately $113,000. Institutional investors own 41.08% of the company’s stock.

Iris Energy Company Profile

Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.