What is Roth Capital’s Forecast for IREN FY2025 Earnings?

IREN Limited (NASDAQ:IREN) – Equities research analysts at Roth Capital cut their FY2025 earnings per share estimates for IREN in a report released on Monday, June 16th. Roth Capital analyst D. Aftahi now expects that the company will post earnings of ($0.06) per share for the year, down from their prior estimate of ($0.04). 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 ($0.06) EPS, Q1 2026 earnings at $0.15 EPS, Q3 2026 earnings at $0.21 EPS and FY2027 earnings at $0.63 EPS.

Other equities research analysts also recently issued reports about the company. Macquarie lifted their price objective on IREN from $15.50 to $20.00 and gave the company an “outperform” rating in a report on Thursday, May 15th. JPMorgan Chase & Co. upgraded shares of IREN from a “neutral” rating to an “overweight” rating and cut their target price for the company from $15.00 to $12.00 in a research note on Thursday, March 13th. B. Riley lifted their target price on shares of IREN from $14.00 to $15.00 and gave the company a “buy” rating in a research note on Thursday, May 15th. HC Wainwright cut their target price on shares of IREN from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Thursday, May 15th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued 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 assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $20.30.

IREN Stock Up 0.3%

NASDAQ IREN opened at $9.80 on Thursday. The stock’s 50 day moving average is $7.88 and its two-hundred day moving average is $9.29. IREN has a 1-year low of $5.13 and a 1-year high of $15.92.

IREN (NASDAQ:IREN) last released its quarterly earnings data on Wednesday, May 14th. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.06). The company had revenue of $148.10 million for the quarter, compared to analyst estimates of $153.38 million. IREN had a negative net margin of 9.40% and a negative return on equity of 2.12%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of IREN. HM Payson & Co. acquired a new position in IREN during the 4th quarter worth $30,000. Crewe Advisors LLC acquired a new position in IREN during the 1st quarter worth $39,000. Quarry LP acquired a new position in IREN during the 1st quarter worth $40,000. Main Management LLC acquired a new position in IREN during the 4th quarter worth $49,000. Finally, Delta Financial Group Inc. acquired a new position in IREN during the 1st quarter worth $61,000. Institutional investors and hedge funds own 41.08% of the company’s stock.

IREN Company Profile

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