Analyst downgraded IREN Limited from Overweight to Neutral and set a new price target of $16.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/18/2026 | $79.00 | Buy | Jefferies |
| 1/13/2026 | $80.00 | Sell → Buy | H.C. Wainwright |
| 12/18/2025 | $39.00 | Neutral | Goldman |
| 11/19/2025 | $80.00 | Mkt Outperform | Citizens JMP |
| 10/29/2025 | $45.00 | Buy → Sell | H.C. Wainwright |
| 9/26/2025 | $24.00 | Neutral → Underweight | Analyst |
| 9/24/2025 | $78.00 | Buy | Arete |
| 9/15/2025 | Buy | Compass Point |
NEW YORK, July 20, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN") today announced that it has raised its year-end AI Cloud annualized run-rate revenue ("ARR")1 target from $3.7bn to more than $4bn2, of which approximately 85% is now under contract following new multi-year cloud services contracts with leading AI developers representing $2.8bn in total contract value. IREN's customer base now includes Microsoft, NVIDIA, Perplexity, Figure AI, Together AI, Fluidstack, Fireworks AI, Fal AI, Hume AI, and a new leading AI developer, across both bare metal and managed cloud services. IREN remains selective in allocating capacity ahead of commissioning, prioritizing diversificatio
NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) ("IREN") today announced the appointment of Eric Hammersley as Chief Information Security Officer. The appointment follows the recent additions of Kambiz Aghili as Chief Product Officer and Michael Nudelman as Chief Development Officer, as IREN continues to strengthen its senior leadership team and expand its AI Cloud platform across new markets and services. As Chief Information Security Officer, Mr. Hammersley will lead IREN’s security program across all three layers of its platform: data centers, compute and software. Mr. Hammersley brings more than two decades of experience securing cloud platforms and critical
NEW YORK, July 02, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN") today announced the appointment of Kambiz Aghili as Chief Product Officer and Michael Nudelman as Chief Development Officer. These San Francisco-based appointments bring additional depth to IREN’s development and product teams as the Company continues to expand its AI Cloud offering across new markets and services. As Chief Product Officer, Mr. Aghili will lead IREN’s product strategy and roadmap for its AI Cloud platform, including its bare metal GPU offering, managed services and broader product capabilities. He joins from Oracle Cloud Infrastructure, where he served as Vice President of Products, spearhead
4 - IREN Ltd (0001878848) (Issuer)
4 - IREN Ltd (0001878848) (Issuer)
4 - IREN Ltd (0001878848) (Issuer)
Jefferies initiated coverage of IREN Limited with a rating of Buy and set a new price target of $79.00
H.C. Wainwright upgraded IREN Limited from Sell to Buy and set a new price target of $80.00
Goldman initiated coverage of IREN Limited with a rating of Neutral and set a new price target of $39.00
8-K - IREN Ltd (0001878848) (Filer)
8-K - IREN Ltd (0001878848) (Filer)
SC 13G/A - Iris Energy Ltd (0001878848) (Subject)
SC 13G/A - Iris Energy Ltd (0001878848) (Subject)
SC 13D/A - Iris Energy Ltd (0001878848) (Subject)
NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN") today announced that it has been added to the Russell 1000 Index effective after market close on June 26, following the FTSE Russell Indexes reconstitution. The Russell 1000 Index includes approximately 1,000 of the largest U.S. companies based on market capitalization and is widely used by investors as a benchmark for the performance of large-cap stocks. Inclusion in the Russell 1000 Index represents an important milestone for IREN. It follows a period of continued expansion of IREN’s U.S. operations and customer base. The Russell 1000 is managed by FTSE Russell, a global leader in index and analytics. Memb
NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN") today announced it has completed the acquisition of Ingenostrum, S.L. (Nostrum Group), a developer of grid-connected AI data centers based in Spain. The acquisition marks IREN's entry into the European market, adding approximately 490MW of secured, grid-connected power in Spain and an additional development pipeline. Nostrum also brings a team of more than 50 people across development, engineering, construction and operations. The acquisition establishes a strong foundation for IREN to serve rapidly growing AI Cloud demand across Europe, one of the largest and fastest growing markets. Nostrum's operations wi
$3.4bn AI Cloud Contract & 5GW Strategic Partnership with NVIDIA 2026 Expansion to $3.7bn ARR On Track1 2027 Expansion to 1.2GW of AI Cloud Capacity In Build 2028+ Expansion Across North America, Europe and APAC Underway NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) ("IREN" or "the Company") today provided a business update and reported its financial results for the three months ended Mar 31, 2026. Highlights $3.4bn AI Cloud contract with NVIDIA 5-year contract for air-cooled Blackwell GPUsDeploying within 60MW of existing data centers at ChildressTargeting ramp from early 2027 5GW strategic partnership with NVIDIA Collaborat
NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) ("IREN") today announced the appointment of Eric Hammersley as Chief Information Security Officer. The appointment follows the recent additions of Kambiz Aghili as Chief Product Officer and Michael Nudelman as Chief Development Officer, as IREN continues to strengthen its senior leadership team and expand its AI Cloud platform across new markets and services. As Chief Information Security Officer, Mr. Hammersley will lead IREN’s security program across all three layers of its platform: data centers, compute and software. Mr. Hammersley brings more than two decades of experience securing cloud platforms and critical
NEW YORK, July 02, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN") today announced the appointment of Kambiz Aghili as Chief Product Officer and Michael Nudelman as Chief Development Officer. These San Francisco-based appointments bring additional depth to IREN’s development and product teams as the Company continues to expand its AI Cloud offering across new markets and services. As Chief Product Officer, Mr. Aghili will lead IREN’s product strategy and roadmap for its AI Cloud platform, including its bare metal GPU offering, managed services and broader product capabilities. He joins from Oracle Cloud Infrastructure, where he served as Vice President of Products, spearhead
NEW YORK, May 18, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN") today announced the acquisition of Awaken, a creative and media agency specializing in content strategy and brand development for high-growth companies. As part of the transaction, Awaken will cease independent operations and senior members of the team will join IREN under executive employment agreements, including Founder and CEO Chris Parker, who will lead IREN's brand and marketing strategy. Awaken has served as IREN's lead external marketing partner, supporting the Company's AI Cloud growth initiatives. Bringing the team in-house reflects IREN's focus on strengthening brand awareness as IREN expands into n