IREN (IREN) to Release Quarterly Earnings on Thursday

IREN (NASDAQ:IREN) is expected to be releasing its Q2 2026 results after the market closes on Thursday, February 5th. Analysts expect IREN to post earnings of ($0.07) per share and revenue of $229.6430 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, February 5, 2026 at 5:00 PM ET.

IREN (NASDAQ:IREN) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.34) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.48). The firm had revenue of $240.30 million during the quarter, compared to the consensus estimate of $244.60 million. IREN had a negative return on equity of 3.60% and a net margin of 86.96%.The company’s quarterly revenue was up 28.3% on a year-over-year basis. On average, analysts expect IREN to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

IREN Stock Performance

IREN opened at $53.08 on Tuesday. The stock’s 50 day simple moving average is $46.72 and its 200-day simple moving average is $42.00. The company has a current ratio of 5.52, a quick ratio of 5.52 and a debt-to-equity ratio of 0.34. The stock has a market cap of $15.05 billion, a PE ratio of 27.36 and a beta of 4.26. IREN has a 1 year low of $5.13 and a 1 year high of $76.87.

Wall Street Analyst Weigh In

IREN has been the subject of a number of recent research reports. B. Riley restated a “buy” rating on shares of IREN in a research note on Wednesday, October 22nd. UBS Group reiterated a “buy” rating on shares of IREN in a research note on Friday, November 7th. JPMorgan Chase & Co. boosted their price target on IREN from $28.00 to $39.00 and gave the company an “underweight” rating in a research note on Monday, November 24th. Citigroup assumed coverage on shares of IREN in a research note on Wednesday, November 19th. They issued an “outperform” rating on the stock. Finally, Citizens Jmp started coverage on shares of IREN in a research report on Wednesday, November 19th. They set a “market outperform” rating and a $80.00 target price for the company. Thirteen research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $69.36.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Banque Cantonale Vaudoise bought a new position in shares of IREN in the third quarter worth about $67,000. CIBC Private Wealth Group LLC lifted its holdings in IREN by 113.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,600 shares of the company’s stock worth $75,000 after buying an additional 850 shares in the last quarter. Larson Financial Group LLC boosted its position in IREN by 26.7% in the 3rd quarter. Larson Financial Group LLC now owns 1,590 shares of the company’s stock valued at $75,000 after buying an additional 335 shares during the last quarter. Tower Research Capital LLC TRC increased its stake 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 valued at $152,000 after buying an additional 3,684 shares during the period. Finally, StoneX Group Inc. bought a new stake in shares of IREN during the second quarter worth $158,000. Institutional investors and hedge funds own 41.08% of the company’s stock.

IREN Company Profile

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.