IRIX — IRIDEX Corporation

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates IRIX Bearish with a Setup Score of 29, net conviction 42, actionability 20. How the Setup Score works →

Total Setup Score29
Directional BiasBearish
Net Conviction42
Actionability20 (in range)

Key signals behind this score

About IRIDEX Corporation

IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. It offers laser consoles, such as Cyclo G6 laser system for use in the treatment of glaucoma; IQ 532 and IQ 577 laser systems, which are used for the treatment of retinal disorders; and OcuLight TX, OcuLight SL, OcuLight SLx, OcuLight GL, … Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$1.10
Market Cap$19.5M
Float11.4M
Shares Outstanding17.4M
P/E (Forward)769.23
Price/Sales (TTM)0.37
vs. Analyst Target+150.0% to analyst PT
Profit Margin-6.23%
Operating Margin (TTM)-2.75%
Revenue (TTM)$52.6M
Dividend RateNone
Analyst Target Price$2.75

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $36.3M -$6.3M $15.6M -$6.1M
2021 $53.9M -$5.2M $22.8M -$6.7M
2022 $57.0M -$7.5M $25.4M -$6.2M
2023 $51.9M -$9.6M $21.8M -$7.4M
2024 $48.7M -$8.9M $19.5M -$7.4M
2025 $52.7M -$4.4M $19.3M -$2.8M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $13.6M -$994,000
Sep 2025 $12.5M -$1.6M
Dec 2025 $14.7M -$184,000
Mar 2026 $11.8M -$524,000

Ownership & Float

Insider Ownership28.9%
Institutional Ownership18.0%
Short Float0.2%
% of All Funds Holding0.27%
Number of Funds Holding22

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$1.08Near-term / short-term trend
Weekly40-Week SMA$1.14Medium-term trend
Weekly80-Week SMA$1.18Cyclical trend (business cycle)
Weekly200-Week SMA$1.82Secular trend (multi-year)
Monthly10-Month SMA$1.14Near-term monthly trend
Monthly20-Month SMA$1.20Medium-term monthly trend
Monthly40-Month SMA$1.76Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$1.60 resistance 1.10x 16 months ago
$1.80 resistance 1.16x 20 months ago

Historical Earnings Reactions (118 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.48% 0.00% 47.46% 36.71% -21.31%
1 Day 0.76% -0.67% 41.53% 48.73% -28.26%
1 Week 0.83% 0.00% 46.61% 91.61% -43.26%
2 Weeks 0.84% -0.21% 48.31% 63.99% -55.19%
1 Month 2.63% 0.00% 49.57% 101.75% -58.92%

Next earnings: August 11, 2026 (29 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan10.2%70.0%30
Feb-0.6%50.0%30
Mar1.2%48.4%31
Apr2.5%51.6%31
May-0.3%45.2%31
Jun2.3%48.4%31
Jul-4.6%36.7%30
Aug1.1%50.0%30
Sep1.1%50.0%30
Oct-0.1%43.3%30
Nov1.9%56.7%30
Dec-1.9%40.0%30

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.05% 42.6% 1438
Tuesday 0.14% 43.6% 1570
Wednesday -0.03% 43.3% 1568
Thursday -0.08% 42.9% 1537
Friday 0.32% 44.5% 1529

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 18.0%

Insider Transactions — Smart Summary

Total insider ownership: 28.9%

12-Month Insider Activity Summary

Total Filings49
Net Value+$116,488.527
Net Shares Change212,254
% of Float1.9%
C-Suite Filings44
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Dizon Romeo R Chief Financial Officer +$38,974.77 10 10 buy

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-06-15 Dizon Romeo R Chief Financial Officer +$1,110.135 Transaction at $1.14, now -3.4%
2026-06-12 Dizon Romeo R Chief Financial Officer +$1,909.5 Transaction at $1.14, now -3.5%
2026-05-26 Dizon Romeo R Chief Financial Officer +$5,004 Transaction at $1.00, now +10.0%
2026-06-09 Dizon Romeo R Chief Financial Officer +$2,688 Transaction at $1.12, now -1.8%
2026-06-08 Dizon Romeo R Chief Financial Officer +$2,899.15 Transaction at $1.15, now -4.3%
2026-06-03 Dizon Romeo R Chief Financial Officer +$2,808 Transaction at $1.17, now -6.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for IRIDEX Corporation (IRIX) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for IRIX on Trend Edge →