Analyst downgraded IREN Limited from Neutral to Underweight and set a new price target of $24.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 | |
| 7/28/2025 | $16.00 | Overweight → Neutral | Analyst |
| 3/13/2025 | $15.00 → $12.00 | Neutral → Overweight | Analyst |
| 12/20/2024 | $33.00 | Buy | BTIG Research |
3 - IREN Ltd (0001878848) (Issuer)
4 - IREN Ltd (0001878848) (Issuer)
4 - IREN Ltd (0001878848) (Issuer)
NEW YORK, Dec. 08, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN") today announced the closing of its offering of convertible senior notes and repurchase of certain existing convertible notes. Key details Offering of $2.3 billion convertible senior notes $1.0 billion offering of 0.25% convertible senior notes due 2032$1.0 billion offering of 1.00% convertible senior notes due 2033$300 million greenshoe fully exercisedCapped call transactions expected to provide a hedge upon conversions up to an initial cap price of $82.24 per shareNo put option for investors in the notes other than a customary put right in the case of certain fundamental changes Repurchase of approximately
NEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN") today announced the pricing of a registered direct offering of 39,699,102 ordinary shares at a price of $41.12 per share (the "Offering") to a limited number of purchasers. The Offering is being made pursuant to the Securities Act of 1933, as amended (the "Securities Act"). The aggregate gross proceeds from the Offering approximate the aggregate cash consideration payable in connection with the Repurchase. In conjunction with any Repurchase of the Existing 2029 Convertible Notes (initial conversion price of $13.64) and Existing 2030 Convertible Notes (initial conversion price of $16.81), the principal amount of
NEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN") today announced the pricing of its offering of $1 billion aggregate principal amount of 0.25% convertible senior notes due 2032 (the "2032 notes") and $1 billion aggregate principal amount of 1.00% convertible senior notes due 2033 (the "2033 notes" and, together with the 2032 notes, the "notes") in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Key details of the transaction $1 billion convertible senior notes due 2032 (0.25% coupon, 25% conversion premium)$1 billion convertible
8-K - IREN Ltd (0001878848) (Filer)
8-K - IREN Ltd (0001878848) (Filer)
Citizens JMP initiated coverage of IREN Limited with a rating of Mkt Outperform and set a new price target of $80.00
H.C. Wainwright downgraded IREN Limited from Buy to Sell and set a new price target of $45.00
Analyst downgraded IREN Limited from Neutral to Underweight and set a new price target of $24.00
Secured $9.7bn AI Cloud Contract with Microsoft Targeting $3.4bn AI Cloud ARR by End of 2026, Expansion to 140k GPUs 1 NEW YORK, Nov. 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) ("IREN" or "the Company") today reported its financial results for the three months ended September 30, 2025. Highlights Targeting $3.4bn in AI Cloud annualized run-rate revenue (ARR) by the end of 2026 (expansion to 140k GPUs)1Secured $9.7bn contract with Microsoft: Phased deployments at Childress through 20265-year average term20% customer prepayment$1.9bn expected ARR contribution2 New multi-year contracts including Together AI, Fluidstack and Fireworks AI, supporting growth to target AI Cloud
NEW YORK, Oct. 23, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) ("IREN") today announced that it will release its financial results for the three months ended September 30, 2025, on Thursday, November 6, 2025 and host a conference call beginning at 5:00 p.m. Eastern Time. The webcast will be recorded, and the replay will be accessible shortly after the event at https://iren.com/investor/events-and-presentations Webcast and Conference Call DetailsTime & Date:5:00 p.m. Eastern Time, Thursday, November 6, 2025 ParticipantRegistration Link Live WebcastUse this link Phone Dial-In with Live Q&AUse this link Participants joining the conference call via the phone dial-in option wi
NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) (together with its subsidiaries "IREN" or "the Company") today published its monthly update for August 2025. August Highlights AI Cloud expanding to 10.9k NVIDIA GPUs (>80% Blackwells), supported by non-dilutive GPU financingExpansion opportunity of >60k GPUs9 across British Columbia campuses, anchored by >20k at Prince George10NVIDIA Preferred Partner status securedLiquid-cooling installation at Prince George for GB300 NVL72 deployments Key MetricsAug 25Jul 25* Bitcoin Mining Average operating hashrate44.0 EH/s45.4 EH/sBitcoin mined4668 BTC728 BTCRevenue per Bitcoin mined$114,816$114,891Net electricity cost
Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE:BKKT) today announced the appointment of Mike Alfred to its Board of Directors. This addition strengthens Bakkt's governance and positions the Company to capitalize on the generational transformation in global financial infrastructure – redefining what money is, how it moves, and how markets trade and operate. "We're doubling down on our mission to build next-generation financial infrastructure by bringing world-class leaders onto our Board," said Akshay Naheta, CEO of Bakkt. "Mike's proven track record and reputation in the digital asset and fintech ecosystem brings unparalleled expertise, a powerful network and institutional credibil
BitGo, the digital asset infrastructure company, today announced the appointments of Brian Brooks, Sunita Parasuraman, and Justin Evans to its Board of Directors (the "Board"). These individuals collectively expand the Board's expertise across corporate finance, digital assets, regulatory policy, accounting, risk governance, and technology, and further strengthen BitGo's independent governance and oversight. "We are honored to welcome Brian, Sunita, and Justin to the Board," said Mike Belshe, CEO and Co-Founder of BitGo. "Their collective experience across finance, digital assets, regulation, and technology strengthens the foundation for BitGo's next stage of growth as a regulated digital
NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:IREN) ("IREN" or "the Company") today announced the appointment of Anthony Lewis as Chief Financial Officer. Mr. Lewis joined IREN in July 2025 as Chief Capital Officer, leading the Company's capital markets strategy and financing activities. In his new role as CFO, Mr. Lewis will continue to oversee these responsibilities while assuming leadership of the Company's financial operations, reporting, and strategic planning. "Anthony has been a great addition to the leadership team," said Daniel Roberts, Co-Founder and Co-CEO of IREN. "He has already contributed to the accelerated expansion of our AI Cloud business, ha
SC 13G/A - Iris Energy Ltd (0001878848) (Subject)
SC 13G/A - Iris Energy Ltd (0001878848) (Subject)
SC 13D/A - Iris Energy Ltd (0001878848) (Subject)