Q3 Earnings Forecast for Iris Energy Issued By Roth Capital

Iris Energy Limited (NASDAQ:IREN) – Investment analysts at Roth Capital raised their Q3 2025 earnings per share estimates for Iris Energy in a report released on Tuesday, January 7th. Roth Capital analyst D. Aftahi now expects that the company will post earnings of $0.29 per share for the quarter, up from their previous forecast of $0.28. Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for Iris Energy’s current full-year earnings is $0.09 per share. Roth Capital also issued estimates for Iris Energy’s Q4 2025 earnings at $0.17 EPS, FY2025 earnings at $0.30 EPS, Q1 2026 earnings at $0.43 EPS, Q2 2026 earnings at $0.35 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.22 EPS, FY2026 earnings at $1.32 EPS and FY2027 earnings at $0.79 EPS.

A number of other equities research analysts have also issued reports on the stock. HC Wainwright boosted 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. B. Riley increased their target price on Iris Energy from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Roth Mkm started coverage on Iris Energy in a report on Wednesday, October 2nd. They issued a “buy” rating and a $14.00 price target for the company. Needham & Company LLC reiterated a “hold” rating on shares of Iris Energy in a research report on Wednesday, November 27th. Finally, Cantor Fitzgerald boosted their price objective on Iris Energy from $20.00 to $23.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Two investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Iris Energy has an average rating of “Moderate Buy” and a consensus price target of $19.50.

Iris Energy Trading Down 7.6 %

NASDAQ IREN opened at $10.51 on Thursday. Iris Energy has a 12 month low of $3.56 and a 12 month high of $15.92. The company’s 50 day simple moving average is $11.56 and its 200 day simple moving average is $10.09.

Institutional Investors Weigh In On Iris Energy

A number of large investors have recently bought and sold shares of IREN. D1 Capital Partners L.P. acquired a new stake in shares of Iris Energy in the 2nd quarter worth about $17,319,000. Hood River Capital Management LLC purchased a new position in shares of Iris Energy in the 2nd quarter worth about $13,618,000. Marshall Wace LLP grew its position in shares of Iris Energy by 33.6% during the 2nd quarter. Marshall Wace LLP now owns 3,811,780 shares of the company’s stock valued at $43,035,000 after acquiring an additional 958,494 shares during the period. Bank of Montreal Can purchased a new stake in Iris Energy in the second quarter worth $9,969,000. Finally, Van ECK Associates Corp lifted its position in shares of Iris Energy by 56.1% during the third quarter. Van ECK Associates Corp now owns 1,605,671 shares of the company’s stock worth $13,938,000 after acquiring an additional 576,726 shares in the last quarter. 41.08% of the stock is currently owned by institutional investors and hedge funds.

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.