5 hours Ago By ABMN Staff
Iris Energy Limited ( NASDAQ:IREN – Free Report ) – Research analysts at B. Riley upped their Q3 2025 earnings estimates for Iris Energy in a report released on Wednesday, December 18th. B.
Riley analyst L. Pipes now forecasts that the company will earn $0.09 per share for the quarter, up from their prior estimate of $0.
07. B. Riley has a “Buy” rating and a $16.
00 price target on the stock. The consensus estimate for Iris Energy’s current full-year earnings is $0.01 per share.
Several other brokerages have also commented on IREN. Canaccord Genuity Group boosted their price target on shares of Iris Energy from $15.00 to $17.
00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. Needham & Company LLC reissued a “hold” rating on shares of Iris Energy in a research note on Wednesday, November 27th. Roth Capital upgraded shares of Iris Energy to a “strong-buy” rating in a report on Tuesday, October 1st.
JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $15.00 target price (up previously from $9.
50) on shares of Iris Energy in a research report on Tuesday, December 10th. Finally, Macquarie boosted their price objective on Iris Energy from $13.50 to $19.
00 and gave the company an “outperform” rating in a report on Wednesday, December 4th. Two analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Iris Energy presently has an average rating of “Moderate Buy” and a consensus price target of $19.
50. Iris Energy Stock Performance Shares of Iris Energy stock opened at $11.81 on Friday.
Iris Energy has a twelve month low of $3.56 and a twelve month high of $15.92.
The business has a 50-day moving average price of $11.09 and a 200 day moving average price of $10.20.
Institutional Trading of Iris Energy A number of institutional investors have recently bought and sold shares of IREN. AFG Fiduciary Services Limited Partnership acquired a new stake in shares of Iris Energy during the third quarter worth about $77,000. Covestor Ltd acquired a new stake in Iris Energy in the third quarter valued at $87,000.
Sippican Capital Advisors acquired a new position in Iris Energy during the third quarter worth about $94,000. Bluefin Capital Management LLC acquired a new stake in shares of Iris Energy in the 2nd quarter worth approximately $113,000. Finally, Seven Eight Capital LP purchased a new position in Iris Energy in the 2nd quarter valued at approximately $146,000.
41.08% of the stock is owned by hedge funds and other institutional investors. 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. Further Reading Receive News & Ratings for Iris Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iris Energy and related companies with MarketBeat.com's FREE daily email newsletter .
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