Iris Energy (NASDAQ:IREN - Get Free Report) will likely be posting its Q3 2025 quarterly earnings results before the market opens on Wednesday, May 14th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $153.38 million for the quarter.
Iris Energy (NASDAQ:IREN - Get Free Report) last announced its quarterly earnings results 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 return on equity of 3.98% and a negative net margin of 17.94%. On average, analysts expect Iris Energy to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Iris Energy Price Performance
Shares of NASDAQ IREN opened at $6.50 on Wednesday. Iris Energy has a fifty-two week low of $4.65 and a fifty-two week high of $15.92. The business has a 50-day simple moving average of $6.50 and a two-hundred day simple moving average of $9.64.
Analysts Set New Price Targets
A number of analysts have issued reports on the company. HC Wainwright lifted their price target on Iris Energy from $16.00 to $22.00 and gave the stock a "buy" rating in a report on Thursday, February 13th. Cantor Fitzgerald reissued an "overweight" rating and set a $23.00 price objective on shares of Iris Energy in a research note on Thursday, February 13th. Needham & Company LLC reiterated a "hold" rating on shares of Iris Energy in a report on Thursday, February 13th. Canaccord Genuity Group raised their price target on shares of Iris Energy from $17.00 to $23.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Finally, JPMorgan Chase & Co. upgraded Iris Energy from a "neutral" rating to an "overweight" rating and dropped their target price for the stock from $15.00 to $12.00 in a report on Thursday, March 13th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $20.40.
Read Our Latest Stock Report on IREN
About Iris Energy
(
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Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.
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