FY2025 EPS Estimates for Iris Energy Boosted by Roth Capital

Iris Energy Limited (NASDAQ:IREN) – Analysts at Roth Capital raised their FY2025 earnings estimates for Iris Energy in a research report issued on Thursday, February 13th. Roth Capital analyst D. Aftahi now anticipates that the company will post earnings per share of $0.54 for the year, up from their previous estimate 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 Q4 2025 earnings at $0.26 EPS, Q1 2026 earnings at $0.42 EPS, Q4 2026 earnings at $0.38 EPS and FY2027 earnings at $1.33 EPS.

IREN has been the subject of a number of other reports. BTIG Research assumed coverage on Iris Energy in a research note on Friday, December 20th. They issued a “buy” rating and a $33.00 target price for the company. B. Riley raised their price objective on shares of Iris Energy from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. HC Wainwright boosted their target price on shares of Iris Energy from $16.00 to $22.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Needham & Company LLC restated a “hold” rating on shares of Iris Energy in a report on Thursday, February 13th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $15.00 price objective (up from $9.50) on shares of Iris Energy in a report on Tuesday, December 10th. Two equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Iris Energy presently has a consensus rating of “Moderate Buy” and an average price target of $20.70.

Iris Energy Trading Down 0.3 %

Shares of Iris Energy stock opened at $12.97 on Monday. The business’s 50 day moving average price is $11.61 and its 200 day moving average price is $10.05. Iris Energy has a one year low of $4.15 and a one year high of $15.92.

Iris Energy (NASDAQ:IREN) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.13. Iris Energy had a negative net margin of 36.10% and a negative return on equity of 8.01%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of IREN. Sippican Capital Advisors grew its stake in shares of Iris Energy by 15.1% in the fourth quarter. Sippican Capital Advisors now owns 12,780 shares of the company’s stock worth $126,000 after acquiring an additional 1,680 shares in the last quarter. Drive Wealth Management LLC raised its holdings in shares of Iris Energy by 5.8% in the 4th quarter. Drive Wealth Management LLC now owns 39,690 shares of the company’s stock valued at $390,000 after purchasing an additional 2,193 shares in the last quarter. Stonebridge Financial Group LLC acquired a new position in shares of Iris Energy during the fourth quarter worth $29,000. HM Payson & Co. purchased a new position in Iris Energy in the fourth quarter valued at $30,000. Finally, R Squared Ltd purchased a new position in Iris Energy in the fourth quarter valued at $37,000. 41.08% of the stock is currently owned by hedge funds and other institutional investors.

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.