IREN (IREN) News Today

IREN Limited (NASDAQ:IREN) shares have climbed recently, buoyed by a string of analyst upgrades, bullish research notes and a new 12-month high on strong trading volume. The stock has also been featured on mining and bitcoin-related watchlists and praised in AI investment discussions. However, sizable insider stock sales have accompanied the rally, underscoring some profit-taking risk ahead.

• Positive Sentiment: IREN shares jumped after an analyst upgrade, signaling increased confidence in the stock’s outlook. IREN Shares Up 4% Following Analyst Upgrade
• Positive Sentiment: Compass Point initiated coverage on IREN, providing fresh analytical attention and likely supporting further investor interest. IREN Coverage Initiated at Compass Point
• Positive Sentiment: Canaccord Genuity raised its price target on IREN from $37.00 to $42.00 and maintained a “buy” rating, suggesting roughly 10% upside potential. Canaccord Genuity Group Boosts IREN Price Target to $42.00
• Positive Sentiment: An analyst’s shift to a bullish stance helped lift IREN to a fresh high, reflecting growing optimism around the company’s prospects. IREN Ltd. Hits Fresh High as Analyst Turns Bullish
• Positive Sentiment: A detailed bullish thesis highlighted IREN’s long-term growth drivers in bitcoin mining and AI infrastructure, underpinning the case for continued upside. IREN Limited: A Bull Case Theory
• Positive Sentiment: Brokerages assigned IREN an average rating of “Moderate Buy,” reflecting consensus support among sell-side analysts. IREN Limited Receives Average Rating of Moderate Buy
• Positive Sentiment: The stock set a new 12-month high, driven by sustained buying interest and positive momentum. IREN Sets New 12-Month High
• Neutral Sentiment: Mike Alfred discussed IREN in a broader interview on contrarian investing, bitcoin mining and AI, increasing the company’s visibility among value-oriented and tech-focused investors. Mike Alfred on contrarian investing, bitcoin mining, AI, and IREN
• Neutral Sentiment: Benzinga surveyed nine analysts on IREN, offering a range of price targets and strategic views that underline continued market attention. Breaking Down IREN: 9 Analysts Share Their Views
• Neutral Sentiment: MarketBeat highlighted IREN as one of the top mining stocks to watch, reflecting its role in bitcoin and broader commodity mining sectors. Top Mining Stocks To Watch Now - September 16th
• Neutral Sentiment: MarketBeat also included IREN on its list of bitcoin-focused stocks to watch, underscoring its position in the cryptocurrency mining space. Bitcoin Stocks To Add to Your Watchlist - September 16th
• Negative Sentiment: IREN co-founders sold shares worth $66 million as the stock reached a record high, signaling potential profit-taking by insiders. IREN Cofounders Cash Out $66M as Stock Hits Record High
• Negative Sentiment: Director Daniel John Roberts disposed of 1 million shares, adding to insider selling pressure amid the recent rally. Daniel John Roberts Sells 1,000,000 Shares of IREN Stock