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

Iris Energy Limited (NASDAQ:IREN) – Analysts at Roth Capital lifted their Q2 2025 earnings per share (EPS) estimates for Iris Energy in a research note issued to investors on Tuesday, January 7th. Roth Capital analyst D. Aftahi now expects that the company will earn ($0.01) per share for the quarter, up from their prior forecast of ($0.02). 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.

Several other equities research analysts have also issued reports on IREN. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $15.00 price objective (up from $9.50) on shares of Iris Energy in a research note on Tuesday, December 10th. BTIG Research began coverage on Iris Energy in a research note on Friday, December 20th. They issued a “buy” rating and a $33.00 price objective for the company. Cantor Fitzgerald raised their price objective on Iris Energy from $20.00 to $23.00 and gave the company an “overweight” rating in a research note on Wednesday, November 27th. B. Riley raised their price objective on Iris Energy from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Iris Energy in a research note on Wednesday, November 27th. Two research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Iris Energy currently has an average rating of “Moderate Buy” and a consensus target price of $19.50.

Iris Energy Stock Up 4.7 %

NASDAQ IREN opened at $11.00 on Friday. The business has a 50-day moving average price of $11.58 and a 200-day moving average price of $10.09. Iris Energy has a twelve month low of $3.56 and a twelve month high of $15.92.

Institutional Trading of Iris Energy

Several hedge funds have recently modified their holdings of IREN. Central Asset Investments & Management Holdings HK Ltd purchased a new position in shares of Iris Energy during the second quarter worth about $779,000. Seven Eight Capital LP purchased a new position in shares of Iris Energy during the second quarter worth about $146,000. Yarra Square Partners LP purchased a new position in shares of Iris Energy during the second quarter worth about $1,490,000. D1 Capital Partners L.P. purchased a new position in shares of Iris Energy during the second quarter worth about $17,319,000. Finally, Hood River Capital Management LLC purchased a new position in shares of Iris Energy during the second quarter worth about $13,618,000. 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.