What is Roth Capital’s Estimate for Iris Energy Q2 Earnings?

Iris Energy Limited (NASDAQ:IREN) – Research analysts at Roth Capital lowered their Q2 2025 earnings per share (EPS) estimates for Iris Energy in a note issued to investors on Wednesday, November 27th. Roth Capital analyst D. Aftahi now anticipates that the company will post earnings of ($0.03) per share for the quarter, down from their previous forecast of ($0.01). 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 $0.16 EPS, Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.03 EPS, Q1 2026 earnings at $0.22 EPS, Q2 2026 earnings at $0.21 EPS, Q3 2026 earnings at $0.18 EPS, Q4 2026 earnings at $0.10 EPS, FY2026 earnings at $0.70 EPS and FY2027 earnings at $0.32 EPS.

Several other research analysts have also recently weighed in on the stock. B. Riley decreased their price objective on shares of Iris Energy from $17.00 to $12.00 and set a “buy” rating for the company in a report on Friday, September 13th. Cantor Fitzgerald lifted their target price on shares of Iris Energy from $20.00 to $23.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. JPMorgan Chase & Co. lowered their price target on Iris Energy from $11.00 to $9.50 and set an “overweight” rating on the stock in a report on Friday, August 23rd. Compass Point cut their price objective on Iris Energy from $18.50 to $16.00 and set a “buy” rating for the company in a report on Friday, August 30th. Finally, Roth Mkm assumed coverage on Iris Energy in a report on Wednesday, October 2nd. They issued a “buy” rating and a $14.00 target price on the stock. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Iris Energy currently has a consensus rating of “Buy” and a consensus target price of $16.33.

Iris Energy Price Performance

Shares of NASDAQ:IREN opened at $13.51 on Monday. The business has a 50-day simple moving average of $9.63 and a two-hundred day simple moving average of $9.60. Iris Energy has a fifty-two week low of $3.56 and a fifty-two week high of $15.75.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in IREN. Truist Financial Corp increased its holdings in Iris Energy by 3.2% in the 2nd quarter. Truist Financial Corp now owns 51,575 shares of the company’s stock worth $582,000 after acquiring an additional 1,575 shares in the last quarter. Chesapeake Capital Corp IL boosted its position in shares of Iris Energy by 27.9% in the third quarter. Chesapeake Capital Corp IL now owns 17,695 shares of the company’s stock worth $157,000 after purchasing an additional 3,861 shares during the period. Chicago Partners Investment Group LLC increased its stake in shares of Iris Energy by 13.2% in the third quarter. Chicago Partners Investment Group LLC now owns 54,515 shares of the company’s stock worth $473,000 after purchasing an additional 6,347 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Iris Energy by 28.3% during the 3rd quarter. Wellington Management Group LLP now owns 36,651 shares of the company’s stock valued at $309,000 after purchasing an additional 8,092 shares during the period. Finally, Bluefin Capital Management LLC purchased a new position in shares of Iris Energy during the 2nd quarter valued at $113,000. Institutional investors own 41.08% of the company’s stock.

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.