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

Iris Energy Limited (NASDAQ:IREN) – Roth Capital decreased their Q3 2025 EPS estimates for shares of Iris Energy in a research note issued to investors on Monday, April 7th. Roth Capital analyst D. Aftahi now forecasts that the company will earn $0.17 per share for the quarter, down from their previous estimate of $0.33. The consensus estimate for Iris Energy’s current full-year earnings is $0.43 per share. Roth Capital also issued estimates for Iris Energy’s Q4 2025 earnings at $0.09 EPS, FY2025 earnings at $0.18 EPS, Q1 2026 earnings at $0.28 EPS, Q2 2026 earnings at $0.22 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.30 EPS, FY2026 earnings at $1.13 EPS and FY2027 earnings at $1.08 EPS.

Iris Energy (NASDAQ:IREN) last issued its earnings results on Wednesday, February 12th. The company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.13. Iris Energy had a negative return on equity of 3.98% and a negative net margin of 17.94%.

A number of other equities research analysts have also recently issued reports on IREN. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $23.00 target price on shares of Iris Energy in a research report on Thursday, February 13th. B. Riley upped their price target on Iris Energy from $15.00 to $16.00 and gave the company a “buy” rating in a report on Thursday, December 19th. BTIG Research initiated coverage on Iris Energy in a report on Friday, December 20th. They set a “buy” rating and a $33.00 price objective on the stock. HC Wainwright upped their target price on Iris Energy from $16.00 to $22.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. Finally, JPMorgan Chase & Co. raised Iris Energy from a “neutral” rating to an “overweight” rating and reduced their target price for the stock from $15.00 to $12.00 in a research report on Thursday, March 13th. One research analyst has rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $20.40.

Iris Energy Stock Up 2.6 %

Shares of IREN opened at $5.63 on Thursday. Iris Energy has a twelve month low of $4.15 and a twelve month high of $15.92. The firm’s 50 day moving average price is $8.38 and its 200 day moving average price is $9.91.

Hedge Funds Weigh In On Iris Energy

Hedge funds have recently made changes to their positions in the business. Stonebridge Financial Group LLC bought a new position in Iris Energy in the fourth quarter valued at $29,000. HM Payson & Co. bought a new position in shares of Iris Energy in the fourth quarter valued at $30,000. R Squared Ltd acquired a new position in Iris Energy during the fourth quarter worth $37,000. Main Management LLC bought a new stake in Iris Energy during the fourth quarter worth $49,000. Finally, Tower Research Capital LLC TRC lifted its stake in Iris Energy by 1,059.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 8,368 shares of the company’s stock valued at $82,000 after purchasing an additional 7,646 shares during the last quarter. 41.08% of the stock is owned by institutional investors.

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.