IRESS Limited

Morgan Stanley Reiterates Buy Rating on IRESS Limited

Shaw and Partners has maintained a Buy rating on IRESS Limited (BRF) with a price target of A$9.10, according to analyst Jack Daley. Daley, who focuses on the Technology sector, has an average return of 8.1% and a 50% success rate on his stock recommendations. Additionally, IRESS received a Buy rating from Morgans’ Scott Murdoch, while TR | OpenAI reiterated a Hold rating on November 1.

Tip Ranks

Shaw and Partners Remains a Buy on IRESS Limited (BRF)

Morgans has reaffirmed a Buy rating on IRESS Limited (BRF) with a price target of A$10.50. Analyst Scott Murdoch, a 4-star analyst with a 12.8% average return, reports that the consensus on IRESS is a Moderate Buy with an average price target of €5.30. Murdoch covers the Financial sector, including stocks like Magellan Financial Group Ltd and HUB24 Limited.

Morgans Reaffirms Their Buy Rating on IRESS Limited (BRF)

IRESS Limited has an analyst consensus of Moderate Buy, with a price target consensus of €5.35.

Canaccord Genuity Sticks to Their Buy Rating for IRESS Limited (BRF)

Iress Limited reported a 3% decline in revenue to $299.5 million for the half year ending June 30, 2025, while maintaining a steady net profit of $17.3 million. Adjusted EBITDA decreased by 4% to $64.4 million. Earnings per share slightly fell to 9.3 cents. The company restructured its reporting to focus on three business segments and declared an interim dividend of 11.0 cents per share, compared to no dividend last year.

Reuters

Iress Limited Reports 3% Decline in Revenue to $299.5m, Maintains Steady Net Profit of $17.3m, EPS Slightly Decreases to 9.3c for 1H25

IRESS Limited will host its inaugural WealthTech Summit at the Grand Hyatt in Melbourne on August 6, 2025. The event aims to bring together over 150 industry leaders to discuss the future of financial advice, covering topics like ethical AI, demographic changes, cyber strategy, and wealth platforms. The summit will provide CPD-accredited insights from experts in the field.

IRESS Limited to Host Inaugural WealthTech Summit in Melbourne to Shape Future of Financial Advice

Iress Limited has launched the Iress Partnership, a strategic initiative to enhance its UK Wealth business through collaborations with third-party technology providers. The initiative emphasizes joint solution design and shared resources, starting with PlannerPal, an AI-powered platform. Iress aims to onboard up to four partners annually to provide a seamless experience for advisers and clients.

Iress Launches Strategic Partnership Initiative to Enhance UK Wealth Business

IRESS Limited will host its sixth Protection forum, "Beyond Protection," at the AWS XP Centre in London on June 25, 2025. The event aims to promote collaboration and innovation in the Protection industry, focusing on co-designing solutions with clients to achieve meaningful outcomes for advisers and consumers, building on previous successes like the integration with CIExpert.

Amazon

IRESS Limited to Host London Forum to Shape Future of Protection Industry

IRESS Limited (AU:IRE) announced that director Susan Margaret Forrester has increased her stake by acquiring an additional 6,046 ordinary shares, bringing her total to 8,596 shares. This significant acquisition may reflect her confidence in the company's market position and future performance. IRESS is a technology firm providing software solutions for the financial services sector, with a current market cap of A$1.5B and an average trading volume of 854,221 shares.

IRESS Director Increases Stake with Significant Share Acquisition

Iress Limited (AU:IRE) reported strong FY24 financial results following an 18-month transformation, with a 25.2% increase in Adjusted EBITDA and a 72.4% rise in underlying earnings per share. The company streamlined operations by divesting non-core businesses and reinstated its dividend, indicating financial confidence. Despite improvements, Iress aims to enhance customer relationships and product offerings while balancing shareholder returns. Current market cap stands at €829.7M, with a year-to-date price performance of -19.71%.

Iress Limited Reports Strong FY24 Financial Performance Post-Transformation

Challenger Limited has reduced its stake in IRESS Limited from 8.23% to 7.20%, impacting its voting power and potential influence over the company. This change may affect stakeholders monitoring IRESS's strategic decisions. IRESS Limited's year-to-date price performance is down 25.18%, with an average trading volume of 154 and a current market cap of €773.6M.

Challenger Limited

Challenger Limited Adjusts Stake in IRESS Limited

IRESS Limited (AU:IRE) has announced the issuance of 41,780 ordinary fully paid securities, effective February 28, 2025, expanding its equity base. This move may influence the company's market positioning and growth strategy, impacting stakeholders. IRESS operates in the financial technology sector, providing software solutions for trading and wealth management. The company has a current market cap of €752.1M and a year-to-date price performance of -24.47%.

IRESS Limited Expands Equity Base with New Securities Issuance

Challenger Limited has updated its substantial holding in IRESS Limited, reducing its voting power from 10.37% to 9.25%. This change may affect shareholder dynamics within IRESS. The company, which provides financial technology solutions, has seen a year-to-date price performance of -14.98% and has a current market cap of €869M. For more detailed stock analysis, visit TipRanks’ Stock Analysis page.

Challenger Limited Updates Substantial Holding in IRESS Limited

Iress Limited has announced a binding agreement to sell its Superannuation business to Apex Group Ltd as part of a strategic transformation. This divestment aims to enhance Iress's focus on software delivery and operational efficiency. The transaction, expected to close in Q2 2025 pending regulatory approvals, will provide Iress with cash and potential additional payments, strengthening the Superannuation business under Apex's ownership. Iress is a technology company offering software solutions across various financial services sectors.

Apex

Iress to Divest Superannuation Business to Apex Group in Strategic Shift

IRESS Limited (AU:IRE) has announced the cessation of certain securities, including the lapse of 213,948 Share Appreciation Rights and 39,538 Performance Rights due to unmet conditions as of December 31, 2024. This decision reflects operational adjustments and may impact stakeholder expectations and market perceptions. IRESS operates in the financial technology sector, providing software solutions for financial markets and wealth management, with a current market cap of €1.02B and a year-to-date price performance of -0.90%.