By stockstotrade.com
Publication Date: 2025-11-24 17:35:00
After revealing significant new partnerships, IREN Limited stocks have been trading up by 11.97 percent.
Key Takeaways
- Iren has secured a $9.7B multi-year GPU cloud services contract with Microsoft, positioning itself strongly in the cloud computing arena.
- A significant purchase deal worth $5.8B with Dell Technologies for GPUs enhances IREN’s tech infrastructure, signaling an aggressive market stance.
- The Microsoft deal has led Cantor Fitzgerald to adjust IREN’s price target from $100 to $142, maintaining its Overweight rating.
- Roth Capital also sees long-term potential for IREN, boosting its price target to $94 with the belief in future AI Cloud/data center opportunities.
Live Update At 12:14:14 EST: On Monday, November 24, 2025 IREN Limited stock [NASDAQ: IREN] is trending up by 11.97%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.
Quick Financial Overview
Iren’s recent financial activities…
