Q2 Earnings Forecast for Iris Energy Issued By Roth Capital

Iris Energy Limited (NASDAQ:IREN) – Research analysts at Roth Capital upped their Q2 2025 EPS estimates for Iris Energy in a research note issued to investors on Tuesday, December 10th. Roth Capital analyst D. Aftahi now anticipates that the company will post earnings of ($0.02) per share for the quarter, up from their prior forecast of ($0.03). Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for Iris Energy’s current full-year earnings is $0.01 per share. Roth Capital also issued estimates for Iris Energy’s Q3 2025 earnings at $0.28 EPS, Q4 2025 earnings at $0.16 EPS, FY2025 earnings at $0.26 EPS, Q1 2026 earnings at $0.42 EPS, Q2 2026 earnings at $0.33 EPS, Q3 2026 earnings at $0.32 EPS, Q4 2026 earnings at $0.21 EPS, FY2026 earnings at $1.28 EPS, Q1 2027 earnings at $0.16 EPS and FY2027 earnings at $0.75 EPS.

A number of other research analysts have also commented on IREN. Needham & Company LLC reiterated a “hold” rating on shares of Iris Energy in a research note on Wednesday, November 27th. Compass Point dropped their price objective on Iris Energy from $18.50 to $16.00 and set a “buy” rating on the stock in a research note on Friday, August 30th. Cantor Fitzgerald raised their target price on Iris Energy from $20.00 to $23.00 and gave the company an “overweight” rating in a research note on Wednesday, November 27th. Macquarie boosted their price target on shares of Iris Energy from $13.50 to $19.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th. Finally, HC Wainwright upped their price target on shares of Iris Energy from $13.00 to $16.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $17.56.

Iris Energy Price Performance

Iris Energy stock opened at $13.11 on Friday. The company’s 50-day moving average price is $10.69 and its two-hundred day moving average price is $10.06. Iris Energy has a 52 week low of $3.56 and a 52 week high of $15.92.

Institutional Trading of Iris Energy

A number of hedge funds have recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Iris Energy by 1,521.1% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 188,051 shares of the company’s stock valued at $2,123,000 after acquiring an additional 176,451 shares during the period. MKP Capital Management L.L.C. acquired a new stake in Iris Energy during the 2nd quarter valued at $3,139,000. X Square Capital LLC purchased a new stake in shares of Iris Energy in the second quarter valued at $508,000. VitalStone Financial LLC boosted its position in shares of Iris Energy by 467.1% in the second quarter. VitalStone Financial LLC now owns 79,285 shares of the company’s stock worth $895,000 after buying an additional 65,305 shares during the period. Finally, Central Asset Investments & Management Holdings HK Ltd purchased a new position in shares of Iris Energy during the second quarter valued at $779,000. 41.08% of the stock is owned by hedge funds and other institutional investors.

About Iris Energy

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