Free Trial

Q2 Earnings Estimate for Iris Energy Issued By Roth Capital

Iris Energy logo with Oils/Energy background

Iris Energy Limited (NASDAQ:IREN - Free Report) - Research analysts at Roth Capital lifted their Q2 2025 earnings per share (EPS) estimates for Iris Energy in a research report issued on Tuesday, January 7th. Roth Capital analyst D. Aftahi now forecasts that the company will earn ($0.01) per share for the quarter, up from their previous forecast of ($0.02). 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.

IREN has been the topic of a number of other reports. BTIG Research started coverage on Iris Energy in a research note on Friday, December 20th. They issued a "buy" rating and a $33.00 target price on the stock. JPMorgan Chase & Co. restated a "neutral" rating and issued a $15.00 price objective (up from $9.50) on shares of Iris Energy in a research report on Tuesday, December 10th. Roth Mkm started coverage on shares of Iris Energy in a research note on Wednesday, October 2nd. They issued a "buy" rating and a $14.00 target price on the stock. HC Wainwright increased their price target on shares of Iris Energy from $13.00 to $16.00 and gave the stock a "buy" rating in a report on Wednesday, November 27th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Iris Energy in a report on Wednesday, November 27th. Two investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Iris Energy has an average rating of "Moderate Buy" and a consensus target price of $19.50.

View Our Latest Research Report on IREN

Iris Energy Stock Up 4.7 %

NASDAQ:IREN traded up $0.49 during trading hours on Friday, hitting $11.00. The stock had a trading volume of 11,919,396 shares, compared to its average volume of 14,348,125. The company has a 50 day simple moving average of $11.58 and a two-hundred day simple moving average of $10.09. Iris Energy has a one year low of $3.56 and a one year high of $15.92.

Institutional Investors Weigh In On Iris Energy

Several institutional investors have recently bought and sold shares of IREN. AFG Fiduciary Services Limited Partnership bought a new stake in Iris Energy in the third quarter valued at approximately $77,000. Covestor Ltd bought a new position in Iris Energy during the 3rd quarter valued at approximately $87,000. Sippican Capital Advisors purchased a new stake in Iris Energy in the 3rd quarter worth approximately $94,000. Bluefin Capital Management LLC bought a new stake in shares of Iris Energy in the 2nd quarter worth approximately $113,000. Finally, Seven Eight Capital LP purchased a new position in shares of Iris Energy during the second quarter valued at approximately $146,000. 41.08% of the stock is currently owned by hedge funds and other institutional investors.

About Iris Energy

(Get Free Report)

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

Featured Articles

Earnings History and Estimates for Iris Energy (NASDAQ:IREN)

Should You Invest $1,000 in Iris Energy Right Now?

Before you consider Iris Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Iris Energy wasn't on the list.

While Iris Energy currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why the Latest Jobs Data Has Wall Street Nervous
7 Large-Cap Stocks Headed for Strong, Steady Gains in 2025
3 Stocks Insiders Are Selling, But Analysts Still Love

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines