IREN (IREN) Projected to Post Earnings on Thursday

IREN (NASDAQ:IREN) is expected to post its Q1 2026 results after the market closes on Thursday, November 6th. Analysts expect IREN to post earnings of $0.1433 per share and revenue of $244.5960 million for the quarter. Interested persons may review the information on the company’s upcoming Q1 2026 earningreport for the latest details on the call scheduled for Thursday, November 6, 2025 at 5:00 PM ET.

IREN (NASDAQ:IREN) last announced its quarterly earnings results on Thursday, August 28th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. The company had revenue of $187.30 million during the quarter, compared to the consensus estimate of $187.51 million. IREN had a return on equity of 1.34% and a net margin of 33.03%. On average, analysts expect IREN to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

IREN Stock Up 1.5%

NASDAQ IREN traded up $1.04 during trading on Tuesday, reaching $68.79. 30,341,386 shares of the company’s stock were exchanged, compared to its average volume of 24,167,656. The stock has a market cap of $18.71 billion, a P/E ratio of 116.99 and a beta of 4.21. The company has a debt-to-equity ratio of 0.53, a quick ratio of 4.29 and a current ratio of 4.29. The company has a 50 day moving average price of $46.35 and a two-hundred day moving average price of $24.52. IREN has a 1 year low of $5.13 and a 1 year high of $75.73.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on IREN shares. Canaccord Genuity Group boosted their target price on IREN from $37.00 to $42.00 and gave the company a “buy” rating in a report on Tuesday, September 16th. Wall Street Zen raised IREN from a “sell” rating to a “hold” rating in a report on Saturday, July 12th. HC Wainwright reaffirmed a “sell” rating on shares of IREN in a research note on Tuesday. Arete Research began coverage on IREN in a research note on Wednesday, September 24th. They set a “buy” rating and a $78.00 price objective for the company. Finally, BTIG Research upped their price objective on IREN from $32.00 to $75.00 and gave the company a “buy” rating in a research note on Tuesday, October 14th. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $60.64.

Insider Buying and Selling at IREN

In related news, CEO Daniel John Roberts sold 1,000,000 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $33.13, for a total value of $33,130,000.00. Following the sale, the chief executive officer owned 13,989,696 shares in the company, valued at $463,478,628.48. This represents a 6.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 5.02% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On IREN

A number of institutional investors and hedge funds have recently modified their holdings of IREN. Tower Research Capital LLC TRC grew its holdings in shares of IREN by 54.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 10,463 shares of the company’s stock worth $152,000 after acquiring an additional 3,684 shares during the period. StoneX Group Inc. acquired a new stake in shares of IREN in the 2nd quarter worth approximately $158,000. Tidal Investments LLC acquired a new stake in shares of IREN in the 2nd quarter worth approximately $175,000. Shay Capital LLC acquired a new stake in shares of IREN in the 2nd quarter worth approximately $233,000. Finally, Peapack Gladstone Financial Corp grew its holdings in shares of IREN by 30.0% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 18,200 shares of the company’s stock worth $265,000 after acquiring an additional 4,200 shares during the period. Institutional investors and hedge funds own 41.08% of the company’s stock.

About IREN

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