Q3 Earnings Estimate for Iris Energy Issued By Roth Capital

Iris Energy Limited (NASDAQ:IREN) – Stock analysts at Roth Capital lifted their Q3 2025 earnings per share (EPS) estimates for Iris Energy in a report issued on Tuesday, January 7th. Roth Capital analyst D. Aftahi now forecasts that the company will post earnings of $0.29 per share for the quarter, up from their prior estimate of $0.28. Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for Iris Energy’s current full-year earnings is $0.09 per share. Roth Capital also issued estimates for Iris Energy’s Q4 2025 earnings at $0.17 EPS, FY2025 earnings at $0.30 EPS, Q1 2026 earnings at $0.43 EPS, Q2 2026 earnings at $0.35 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.22 EPS, FY2026 earnings at $1.32 EPS and FY2027 earnings at $0.79 EPS.

Several other research firms also recently weighed in on IREN. Canaccord Genuity Group upped their price objective on shares of Iris Energy from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. Roth Mkm began coverage on shares of Iris Energy in a research note on Wednesday, October 2nd. They set a “buy” rating and a $14.00 target price for the company. Needham & Company LLC restated a “hold” rating on shares of Iris Energy in a research report on Wednesday, November 27th. HC Wainwright raised their price objective on Iris Energy from $13.00 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Finally, BTIG Research assumed coverage on Iris Energy in a report on Friday, December 20th. They issued a “buy” rating and a $33.00 target price on the stock. Two analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.50.

Iris Energy Stock Down 7.6 %

Shares of Iris Energy stock opened at $10.51 on Thursday. Iris Energy has a 1-year low of $3.56 and a 1-year high of $15.92. The business’s fifty day moving average price is $11.56 and its two-hundred day moving average price is $10.09.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IREN. D1 Capital Partners L.P. purchased a new stake in shares of Iris Energy during the 2nd quarter worth about $17,319,000. Hood River Capital Management LLC acquired a new position in Iris Energy in the second quarter worth approximately $13,618,000. Marshall Wace LLP raised its position in Iris Energy by 33.6% during the second quarter. Marshall Wace LLP now owns 3,811,780 shares of the company’s stock valued at $43,035,000 after acquiring an additional 958,494 shares in the last quarter. Bank of Montreal Can acquired a new stake in Iris Energy in the second quarter valued at approximately $9,969,000. Finally, Van ECK Associates Corp grew its position in Iris Energy by 56.1% in the third quarter. Van ECK Associates Corp now owns 1,605,671 shares of the company’s stock worth $13,938,000 after acquiring an additional 576,726 shares in the last quarter. 41.08% of the stock is owned by hedge funds and other institutional investors.

About Iris Energy

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