IREN (IREN) Projected to Post Earnings on Thursday

IREN (NASDAQ:IREN) is anticipated to release its Q1 2026 results after the market closes on Thursday, November 6th. Analysts expect IREN to post earnings of $0.1433 per share and revenue of $244.5960 million for the quarter. Interested persons may review the information on the company’s upcoming Q1 2026 earningreport for the latest details on the call scheduled for Thursday, November 6, 2025 at 5:00 PM ET.

IREN (NASDAQ:IREN) last announced its quarterly earnings data on Thursday, August 28th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. IREN had a return on equity of 1.34% and a net margin of 33.03%.The firm had revenue of $187.30 million for the quarter, compared to the consensus estimate of $187.51 million. On average, analysts expect IREN to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

IREN Stock Performance

Shares of IREN stock opened at $66.63 on Wednesday. IREN has a one year low of $5.13 and a one year high of $75.73. The company has a market cap of $18.12 billion, a price-to-earnings ratio of 112.93 and a beta of 4.21. The company has a debt-to-equity ratio of 0.53, a quick ratio of 4.29 and a current ratio of 4.29. The business’s 50 day moving average price is $47.22 and its 200 day moving average price is $24.95.

Insider Buying and Selling at IREN

In other news, CEO Daniel John Roberts sold 1,000,000 shares of IREN stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $33.13, for a total value of $33,130,000.00. Following the completion of the sale, the chief executive officer directly owned 13,989,696 shares of the company’s stock, valued at approximately $463,478,628.48. The trade was a 6.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 5.02% of the company’s stock.

Institutional Investors Weigh In On IREN

A number of institutional investors have recently modified their holdings of IREN. Tower Research Capital LLC TRC grew its stake in shares of IREN by 54.3% in the second quarter. Tower Research Capital LLC TRC now owns 10,463 shares of the company’s stock valued at $152,000 after buying an additional 3,684 shares in the last quarter. StoneX Group Inc. acquired a new position in IREN during the 2nd quarter worth $158,000. Tidal Investments LLC acquired a new position in IREN during the 2nd quarter worth $175,000. Shay Capital LLC acquired a new position in IREN during the 2nd quarter worth $233,000. Finally, Peapack Gladstone Financial Corp grew its stake in IREN by 30.0% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 18,200 shares of the company’s stock worth $265,000 after purchasing an additional 4,200 shares in the last quarter. 41.08% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on IREN. Jones Trading downgraded IREN from a “buy” rating to a “hold” rating in a research report on Tuesday, September 2nd. Canaccord Genuity Group lifted their target price on IREN from $37.00 to $42.00 and gave the company a “buy” rating in a research report on Tuesday, September 16th. Arete initiated coverage on IREN in a research report on Wednesday, September 24th. They issued a “buy” rating and a $78.00 target price on the stock. B. Riley restated a “buy” rating on shares of IREN in a research report on Wednesday, October 22nd. Finally, HC Wainwright restated a “sell” rating on shares of IREN in a research report on Tuesday. Ten equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $60.64.

About IREN

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