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Nov 7, 2025 4:00 PM

These Analysts Revise Their Forecasts On IREN Following Q1 Results

IREN Limited (NASDAQ:IREN) shares were up after the company released its first-quarter earnings report after Thursday’s closing bell, beating estimates on the top and bottom lines.

IREN reported quarterly earnings of $1.08 per share, which beat the consensus estimate of 14 cents per share. Quarterly revenue came in at $240.3 million, which beat the Street estimate of $235.5 million.

"IREN continues to execute with discipline, delivering record results this quarter and meaningful progress in our AI Cloud expansion," said Daniel Roberts, co-CEO of IREN. "We secured several new multi-year contracts, ...