Q3 Earnings Forecast for Iris Energy Issued By Roth Capital

Iris Energy Limited (NASDAQ:IREN) – Analysts at Roth Capital upped their Q3 2025 earnings per share estimates for Iris Energy in a report released on Thursday, February 13th. Roth Capital analyst D. Aftahi now expects that the company will earn $0.33 per share for the quarter, up from their prior forecast of $0.29. The consensus estimate for Iris Energy’s current full-year earnings is $0.11 per share. Roth Capital also issued estimates for Iris Energy’s Q2 2026 earnings at $0.43 EPS, Q3 2026 earnings at $0.41 EPS and FY2026 earnings at $1.63 EPS.

Iris Energy (NASDAQ:IREN) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.13. Iris Energy had a negative return on equity of 8.01% and a negative net margin of 36.10%.

IREN has been the topic of a number of other research reports. Macquarie upped their price target on shares of Iris Energy from $13.50 to $19.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. JPMorgan Chase & Co. restated a “neutral” rating and set a $15.00 target price (up previously from $9.50) on shares of Iris Energy in a research report on Tuesday, December 10th. B. Riley lifted their target price on Iris Energy from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Canaccord Genuity Group increased their price target on Iris Energy from $17.00 to $23.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $23.00 price objective on shares of Iris Energy in a research note on Thursday. Two analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $20.70.

Iris Energy Trading Up 0.5 %

IREN opened at $13.08 on Friday. Iris Energy has a twelve month low of $4.15 and a twelve month high of $15.92. The company has a fifty day moving average of $11.70 and a 200-day moving average of $9.97.

Institutional Trading of Iris Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of IREN. Arrowstreet Capital Limited Partnership increased its position in shares of Iris Energy by 1,307.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 5,684,836 shares of the company’s stock worth $55,825,000 after acquiring an additional 5,280,999 shares in the last quarter. Discovery Capital Management LLC CT acquired a new position in Iris Energy during the 4th quarter valued at about $11,544,000. Van ECK Associates Corp increased its holdings in Iris Energy by 56.1% during the 3rd quarter. Van ECK Associates Corp now owns 1,605,671 shares of the company’s stock worth $13,938,000 after purchasing an additional 576,726 shares in the last quarter. Rush Island Management LP purchased a new stake in shares of Iris Energy in the third quarter worth approximately $4,783,000. Finally, Invesco Ltd. lifted its holdings in shares of Iris Energy by 22.5% in the fourth quarter. Invesco Ltd. now owns 2,311,583 shares of the company’s stock valued at $22,700,000 after purchasing an additional 424,403 shares in the last quarter. 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.