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Iren Ltd’s stock has achieved a significant milestone, reaching an all-time high of 29.57 USD. The company, now valued at $7.2 billion, has shown remarkable momentum according to InvestingPro data. This remarkable achievement underscores a period of substantial growth for the company, with revenue surging 167.65% and maintaining a healthy gross profit margin of 68.27%. The stock’s performance over the past year highlights investor confidence and a strong market presence, contributing to its ascending trajectory. InvestingPro analysis reveals 20+ additional insights about IREN’s financial health, which currently rates as "GOOD" with a score of 2.94. This all-time high marks a pivotal moment for Iren Ltd, reflecting its ongoing success and market strength. While technical indicators suggest the stock is in overbought territory, the company maintains strong liquidity with a current ratio of 4.29. Discover comprehensive analysis and Fair Value estimates in the detailed Pro Research Report, available exclusively on InvestingPro.
In other recent news, IREN Ltd. has reported significant developments impacting its financial outlook and market perception. The company achieved record quarterly and annual results for fiscal year 2025, as highlighted in their recent earnings report. IREN’s fourth-quarter Bitcoin mining revenue reached $180.3 million, with an adjusted EBITDA of $121.9 million, aligning with B.Riley’s estimates. Notably, the company’s AI Cloud revenue doubled to $7.0 million from $3.6 million in the previous quarter, surpassing B.Riley’s forecast of $5.6 million.
Following these results, several research firms have adjusted their price targets for IREN. H.C. Wainwright increased its price target to $36.00 from $21.00, maintaining a Buy rating, while Macquarie raised its target to $33.00, citing the company’s AI growth and strong fourth-quarter earnings. B.Riley also adjusted its price target to $29.00 from $22.00, continuing to support a Buy rating due to the AI Cloud growth.
Additionally, Jones Trading downgraded IREN from Buy to Hold, pointing to a balanced valuation after a significant year-to-date price gain of 170%. These adjustments reflect the varied analyst perspectives on IREN’s valuation and potential growth.
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