FY2025 EPS Estimates for Iris Energy Reduced by Roth Capital

Iris Energy Limited (NASDAQ:IREN) – Investment analysts at Roth Capital dropped their FY2025 earnings per share (EPS) estimates for shares of Iris Energy in a research report issued to clients and investors on Tuesday, January 21st. Roth Capital analyst D. Aftahi now expects that the company will earn $0.29 per share for the year, down from their prior estimate 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.

Several other research firms also recently commented on IREN. Cantor Fitzgerald lifted their price objective on Iris Energy from $20.00 to $23.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. 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 price target for the company. HC Wainwright increased their price objective on shares of Iris Energy from $13.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. B. Riley boosted their target price on shares of Iris Energy from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Finally, Canaccord Genuity Group increased their price target on Iris Energy from $15.00 to $17.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Two investment 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $19.50.

Iris Energy Price Performance

Iris Energy stock opened at $12.28 on Friday. Iris Energy has a 12 month low of $3.56 and a 12 month high of $15.92. The stock has a fifty day simple moving average of $11.74 and a two-hundred day simple moving average of $9.97.

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

Institutional Trading of Iris Energy

Several hedge funds have recently bought and sold shares of the stock. Main Management ETF Advisors LLC purchased a new position in shares of Iris Energy during the 3rd quarter valued at about $760,000. Van ECK Associates Corp lifted its holdings in Iris Energy by 56.1% during the third quarter. Van ECK Associates Corp now owns 1,605,671 shares of the company’s stock valued at $13,938,000 after purchasing an additional 576,726 shares in the last quarter. Vontobel Holding Ltd. boosted its position in shares of Iris Energy by 123.1% in the third quarter. Vontobel Holding Ltd. now owns 49,322 shares of the company’s stock worth $416,000 after purchasing an additional 27,212 shares during the period. Creative Planning increased its stake in shares of Iris Energy by 71.2% in the third quarter. Creative Planning now owns 457,625 shares of the company’s stock worth $3,862,000 after purchasing an additional 190,300 shares in the last quarter. Finally, Campbell Capital Management Inc. purchased a new stake in shares of Iris Energy in the third quarter worth $608,000. 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.