TipRanks(@TipRanks):⚡️Iren $IREN price target raised to $90 from $85 at H.C. Wainwright H.C. Wainwright raised the firm's price target on Iren to $90 from $85 and keeps a Buy rating on the shares. The firm cites greater revenue visibility from the company's incremental AI contracts secured for the target boost. Iren announced $2.8B of new multi-year AI cloud contracts with leading AI developers and raised its end of 2026 AI cloud annual recurring revenue target to more than $4B, up from $3.7B, the analyst tells investors in a research note.

2026.07.22 10:25

⚡️Iren $IREN price target raised to $90 from $85 at H.C. Wainwright H.C. Wainwright raised the firm's price target on Iren to $90 from $85 and keeps a Buy rating on the shares. The firm cites greater revenue visibility from the company's incremental AI contracts secured for the target boost. Iren announced $2.8B of new multi-year AI cloud contracts with leading AI developers and raised its end of 2026 AI cloud annual recurring revenue target to more than $4B, up from $3.7B, the analyst tells investors in a research note.