Iren, the bitcoin miner and AI cloud service provider, reported its Q1 2026 earnings report on November 6 after market close.
AI-driven demand is fueling a semiconductor surge, with SLAB, ADI, NVDA, ASML and AEIS all poised for strong growth.
Earnings are due from some of the biggest tech and entertainment companies. Hopes build for a government reopening.
Analyst Vafi maintains Buy rating on IREN and raises price target to $70 due to 20% prepayment from Microsoft GPU cloud ...
IREN has joined the ranks of large-scale "neocloud" providers, said analyst Brett Knoblach, adding credibility to the company ...
Canaccord Genuity raised IREN's price target to $70 after its $9.7 billion AI contract with Microsoft, emphasizing the shift ...
Valuation frameworks are shifting with it. Miners pivoting to AI are trading near $6 million per megawatt of capacity, while pure Bitcoin miners sit closer to $3 million. The premium reflects a simple ...
CoreWeave stock price has pulled back in the past few weeks, moving to the lowest level since Sep. 9, as concerns about the ...
Canaccord raises price target to $70 after $9.7B Microsoft GPU contract. Revenue jumps 355% as bitcoin miner pivots to AI ...
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Iren price target raised to $70 from $42 at Canaccord
Canaccord raised the firm’s price target on Iren (IREN) to $70 from $42 and keeps a Buy rating on the shares. The firm said its landmark GPU cloud ...
Sweetwater 1 remains a key near-term catalyst as IREN’s AI infrastructure buildout accelerates, the report said.
Artificial intelligence (AI) is advancing rapidly, but it faces significant constraints in power availability and physical ...
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