Iris Energy (NASDAQ:IREN - Get Free Report) is expected to announce its Q3 2025 earnings results before the market opens on Wednesday, May 14th. Analysts expect Iris Energy to post earnings of $0.19 per share and revenue of $153.38 million for the quarter.
Iris Energy (NASDAQ:IREN - Get Free Report) 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 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 Trading Up 7.0%
Shares of IREN traded up $0.50 during trading hours on Monday, hitting $7.54. The company had a trading volume of 13,704,159 shares, compared to its average volume of 15,958,134. Iris Energy has a one year low of $4.65 and a one year high of $15.92. The company's fifty day moving average price is $6.44 and its two-hundred day moving average price is $9.59.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on the company. Needham & Company LLC reaffirmed a "hold" rating on shares of Iris Energy in a report on Thursday, February 13th. HC Wainwright boosted their price target on Iris Energy from $16.00 to $22.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Cantor Fitzgerald reissued an "overweight" rating and set a $23.00 price target on shares of Iris Energy in a research note on Thursday, February 13th. Canaccord Genuity Group increased their price target on Iris Energy from $17.00 to $23.00 and gave the stock 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 cut their target price for the stock from $15.00 to $12.00 in a research report on Thursday, March 13th. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $20.40.
View Our Latest Stock Analysis on IREN
About Iris Energy
(
Get Free Report)
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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