Is Iren Limited Stock Still a Buy?
Iren Limited (NASDAQ: IREN) has emerged as one of the most explosive growth stories of 2025, with shares surging 221% over the past six months and 68% in just the last 30 days. The company's $7.2 billion market cap might seem stretched for a business primarily known for Bitcoin mining just a year ago.
But Iren's aggressive pivot to artificial intelligence (AI) infrastructure has transformed it into something far more valuable: a picks-and-shovels play on the AI gold rush. Here's why the stock still scans as a bargain, despite its massive rally.
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Source Fool.com
Iren SpA Stock
€2.62
-0.530%
Currently there is a rather positive sentiment for Iren SpA with 3 Buy predictions and 0 Sell predictions.
With a target price of 4 € there is a hugely positive potential of 52.79% for Iren SpA compared to the current price of 2.62 €.
