1 week Ago By Defense World Staff
Iris Energy Limited ( NASDAQ:IREN – Free Report ) – Roth Capital reduced their FY2025 earnings per share estimates for Iris Energy in a note issued to investors on Tuesday, January 21st. Roth Capital analyst D. Aftahi now anticipates that the company will post earnings per share of $0.
29 for the year, down from their prior estimate of $0.30. Roth Capital currently has a “Strong-Buy” rating on the stock.
The consensus estimate for Iris Energy’s current full-year earnings is $0.12 per share. Roth Capital also issued estimates for Iris Energy’s Q1 2026 earnings at $0.
39 EPS. Several other equities analysts also recently commented on IREN. Canaccord Genuity Group upped their price objective on shares of Iris Energy from $15.
00 to $17.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. B.
Riley upped their price target on Iris Energy from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Thursday, December 19th.
BTIG Research started coverage on Iris Energy in a research report on Friday, December 20th. They issued a “buy” rating and a $33.00 price objective on the stock.
Roth Mkm initiated coverage on Iris Energy in a report on Wednesday, October 2nd. They set a “buy” rating and a $14.00 target price for the company.
Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $15.00 price target (up previously from $9.
50) on shares of Iris Energy in a report on Tuesday, December 10th. Two research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.
com, Iris Energy presently has a consensus rating of “Moderate Buy” and an average target price of $19.50. Iris Energy Trading Up 8.
5 % NASDAQ:IREN opened at $13.32 on Friday. Iris Energy has a 52 week low of $3.
56 and a 52 week high of $15.92. The company has a fifty day moving average of $11.
80 and a 200 day moving average of $9.94. Iris Energy ( NASDAQ:IREN – Get Free Report ) last announced its quarterly earnings data on Tuesday, November 26th.
The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.
11). Iris Energy had a negative net margin of 36.10% and a negative return on equity of 8.
01%. Institutional Trading of Iris Energy A number of hedge funds have recently made changes to their positions in the stock. R Squared Ltd purchased a new position in Iris Energy in the fourth quarter worth about $37,000.
AFG Fiduciary Services Limited Partnership bought a new stake in shares of Iris Energy during the third quarter valued at approximately $77,000. Covestor Ltd purchased a new position in Iris Energy in the 3rd quarter worth approximately $87,000. Sippican Capital Advisors purchased a new position in Iris Energy in the 3rd quarter worth approximately $94,000.
Finally, Bluefin Capital Management LLC bought a new position in Iris Energy in the 2nd quarter valued at approximately $113,000. 41.08% of the stock is owned by institutional investors.
Iris Energy Company Profile ( 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. Featured Stories Five stocks we like better than Iris Energy Conference Calls and Individual Investors Bloom Energy: Powering the Future With Decentralized Energy Biggest Stock Losers – Today’s Biggest Percentage Decliners Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul How to Short a Stock in 5 Easy Steps Why Traders Are Buying the Dip on Johnson & Johnson Stock 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.
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