HC Wainwright Has Optimistic View of Iris Energy Q4 Earnings

Iris Energy Limited (NASDAQ:IREN) – Equities research analysts at HC Wainwright boosted their Q4 2025 earnings per share estimates for Iris Energy in a research report issued to clients and investors on Thursday, February 13th. HC Wainwright analyst M. Colonnese now expects that the company will post earnings of $0.31 per share for the quarter, up from their prior forecast of $0.22. HC Wainwright currently has a “Buy” rating and a $22.00 price target on the stock. The consensus estimate for Iris Energy’s current full-year earnings is $0.11 per share. HC Wainwright also issued estimates for Iris Energy’s Q1 2026 earnings at $0.38 EPS.

A number of other equities analysts have also recently issued reports on IREN. Canaccord Genuity Group raised their price objective on shares of Iris Energy from $17.00 to $23.00 and gave the company a “buy” rating in a research note on Thursday. Macquarie lifted their price objective on Iris Energy from $13.50 to $19.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $15.00 price objective (up previously from $9.50) on shares of Iris Energy in a report on Tuesday, December 10th. BTIG Research assumed coverage on Iris Energy in a report on Friday, December 20th. They set a “buy” rating and a $33.00 target price on the stock. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $23.00 price target on shares of Iris Energy in a research note on Thursday. Two analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $20.70.

Iris Energy Stock Down 0.5 %

Shares of IREN opened at $13.01 on Monday. The stock’s fifty day simple moving average is $11.65 and its 200-day simple moving average is $9.99. Iris Energy has a 12-month low of $4.15 and a 12-month high of $15.92.

Iris Energy (NASDAQ:IREN) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.09 EPS for the quarter, beating the consensus estimate 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 Trading of Iris Energy

A number of hedge funds have recently made changes to their positions in the business. Arrowstreet Capital Limited Partnership lifted its holdings in Iris Energy by 1,307.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 5,684,836 shares of the company’s stock valued at $55,825,000 after purchasing an additional 5,280,999 shares during the last quarter. Invesco Ltd. raised its position 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 during the period. Regal Partners Ltd lifted its stake in shares of Iris Energy by 93.9% during the 4th quarter. Regal Partners Ltd now owns 1,697,554 shares of the company’s stock worth $16,670,000 after buying an additional 822,251 shares during the last quarter. Van ECK Associates Corp boosted its holdings in shares of 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 buying an additional 576,726 shares during the period. Finally, Discovery Capital Management LLC CT acquired a new position in Iris Energy in the 4th quarter valued at about $11,544,000. 41.08% of the stock is owned by institutional investors and hedge funds.

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.