What is Roth Capital’s Forecast for Iris Energy Q3 Earnings?

Iris Energy Limited (NASDAQ:IREN) – Analysts at Roth Capital lifted their Q3 2025 earnings per share estimates for Iris Energy in a report released on Thursday, February 13th. Roth Capital analyst D. Aftahi now anticipates that the company will post earnings per share of $0.33 for the quarter, up from their prior estimate of $0.29. The consensus estimate for Iris Energy’s current full-year earnings is $0.11 per share. Roth Capital also issued estimates for Iris Energy’s Q2 2026 earnings at $0.43 EPS, Q3 2026 earnings at $0.41 EPS and FY2026 earnings at $1.63 EPS.

Iris Energy (NASDAQ:IREN) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%.

IREN has been the subject of several other reports. Canaccord Genuity Group lifted their price objective on Iris Energy from $17.00 to $23.00 and gave the company a “buy” rating in a report on Thursday. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $23.00 price target on shares of Iris Energy in a research note on Thursday. Needham & Company LLC reiterated a “hold” rating on shares of Iris Energy in a research note on Thursday. BTIG Research began coverage on shares of Iris Energy in a research report on Friday, December 20th. They issued a “buy” rating and a $33.00 target price for the company. Finally, B. Riley upped their price target on shares of Iris Energy from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Two investment 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’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $20.70.

Iris Energy Trading Up 0.5 %

NASDAQ IREN opened at $13.08 on Friday. Iris Energy has a 1-year low of $4.15 and a 1-year high of $15.92. The company has a 50 day moving average of $11.70 and a 200-day moving average of $9.97.

Institutional Trading of Iris Energy

A number of hedge funds have recently added to or reduced their stakes in the stock. Stonebridge Financial Group LLC acquired a new position in shares of Iris Energy during the fourth quarter worth $29,000. HM Payson & Co. acquired a new position in Iris Energy in the 4th quarter worth about $30,000. R Squared Ltd bought a new position in Iris Energy in the fourth quarter valued at about $37,000. Farther Finance Advisors LLC bought a new position in Iris Energy in the fourth quarter valued at about $98,000. Finally, World Equity Group Inc. acquired a new stake in shares of Iris Energy during the fourth quarter valued at about $98,000. Institutional investors and hedge funds own 41.08% of the company’s stock.

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.