FY2025 Earnings Estimate for IREN Issued By Roth Capital

IREN Limited (NASDAQ:IRENFree Report) – Stock analysts at Roth Capital issued their FY2025 earnings per share (EPS) estimates for shares of IREN in a note issued to investors on Monday, July 7th. Roth Capital analyst D. Aftahi forecasts that the company will earn $0.16 per share for the year. The consensus estimate for IREN’s current full-year earnings is $0.43 per share. Roth Capital also issued estimates for IREN’s Q4 2025 earnings at $0.14 EPS, Q3 2026 earnings at $0.26 EPS, Q4 2026 earnings at $0.22 EPS, FY2026 earnings at $0.94 EPS and FY2027 earnings at $0.84 EPS.

IREN (NASDAQ:IRENGet Free Report) last announced its quarterly earnings results on Wednesday, May 14th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.06). IREN had a negative net margin of 9.40% and a negative return on equity of 2.12%. The business had revenue of $148.10 million during the quarter, compared to analyst estimates of $153.38 million.

Several other research firms have also issued reports on IREN. Macquarie increased their target price on IREN from $15.50 to $20.00 and gave the stock an “outperform” rating in a research note on Thursday, May 15th. Wall Street Zen lowered IREN from a “hold” rating to a “sell” rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. raised IREN from a “neutral” rating to an “overweight” rating and decreased their target price for the stock from $15.00 to $12.00 in a research note on Thursday, March 13th. B. Riley reissued a “buy” rating and set a $22.00 target price (up previously from $15.00) on shares of IREN in a research note on Thursday. Finally, Canaccord Genuity Group reissued a “buy” rating and set a $23.00 target price on shares of IREN in a research note on Friday, May 16th. One analyst has rated the stock with a sell rating, one has issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, IREN presently has an average rating of “Moderate Buy” and an average target price of $20.44.

View Our Latest Analysis on IREN

IREN Price Performance

IREN opened at $17.03 on Wednesday. The stock’s 50-day moving average price is $10.47 and its 200 day moving average price is $9.43. IREN has a 12-month low of $5.13 and a 12-month high of $18.54.

Institutional Investors Weigh In On IREN

Several large investors have recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership increased its holdings in IREN by 1,307.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 5,684,836 shares of the company’s stock worth $55,825,000 after purchasing an additional 5,280,999 shares during the period. Situational Awareness LP purchased a new stake in IREN during the 1st quarter worth about $20,500,000. Vident Advisory LLC increased its holdings in IREN by 0.6% during the 1st quarter. Vident Advisory LLC now owns 2,956,712 shares of the company’s stock worth $18,006,000 after purchasing an additional 18,794 shares during the period. Invesco Ltd. increased its holdings in IREN by 22.5% during the 4th quarter. Invesco Ltd. now owns 2,311,583 shares of the company’s stock worth $22,700,000 after purchasing an additional 424,403 shares during the period. Finally, Regal Partners Ltd increased its holdings in IREN 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 purchasing an additional 822,251 shares during the period. Hedge funds and other institutional investors own 41.08% of the company’s stock.

IREN Company Profile

(Get Free Report)

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

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Earnings History and Estimates for IREN (NASDAQ:IREN)

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