Brokers Issue Iris Energy Limited Q3 2025 Earnings Forecasts (NASDAQ:IREN)

Iris Energy Limited (NASDAQ:IREN – Free Report ) – Analysts at HC Wainwright lowered their Q3 2025 earnings per share (EPS) estimates for shares of Iris Energy in a research report issued to clients and investors on Thursday, 29 August. HC Wainwright analyst M. Colonnese now anticipates that the company will post earnings of $0.13 per share for the quarter, down from their prior estimate of $0.22. HC Wainwright presently has a “Buy” rating and a $13.00 target price on the stock. The consensus estimate for Iris Energy’s current full-year earnings is ($0.01) per share. HC Wainwright also issued estimates for Iris Energy’s Q4 2025 earnings at $0.22 EPS.

Other equities analysts have also issued research reports on the company. JPMorgan Chase & Co. decreased their target price on Iris Energy from $11.00 to $9.50 and set an “overweight” rating for the company in a research report on Friday, August 23rd. B. Riley cut their price target on shares of Iris Energy from $18.00 to $17.00 and set a “buy” rating for the company in a report on Friday, July 12th. Sanford C. Bernstein began coverage on shares of Iris Energy in a report on Wednesday, July 10th. They set an “outperform” rating and a $26.00 price target on the stock. Canaccord Genuity Group restated a “buy” rating and issued a $15.00 price objective on shares of Iris Energy in a report on Thursday. Finally, Cantor Fitzgerald cut their price target on Iris Energy from $23.00 to $20.00 and set an “overweight” rating on the stock in a research note on Thursday. Six research analysts have rated the stock with a buy rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $16.75.

Check out our latest report on IREN

Iris Energy trading up 14.8%

Shares of NASDAQ:IREN opened at $8.52 on Friday. Iris Energy has a 12-month low of $2.79 and a 12-month high of $15.75. The stock has a fifty day simple moving average of $10.28 and a two hundred day simple moving average of $7.91.

Institutional investors intervene on Iris Energy

Several hedge funds and other institutional investors have recently made changes to their positions in IREN. Russell Investments Group Ltd. purchased a new stake in Iris Energy in the first quarter valued at approximately $893,000. Quadrature Capital Ltd purchased a new stake in shares of Iris Energy in the 4th quarter valued at $1,655,000. Commerce Bank bought a new position in Iris Energy in the 4th quarter valued at $256,000. Daiwa Securities Group Inc. bought a new position in Iris Energy in the 1st quarter worth $446,000. Finally, Van ECK Associates Corp increased its position in Iris Energy by 23.7% in the first quarter. Van ECK Associates Corp now owns 1,837,683 shares of the company’s stock valued at $9,924,000 after buying an additional 351,774 shares during the last quarter. Hedge funds and other institutional investors own 41.08% of the company’s shares.

Iris Energy Company Profile

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

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