IREN Stock Price Today and What’s Ahead
IREN Limited (NASDAQ: IREN), formerly known as Iris Energy, has been making headlines lately. The company, which started as a Bitcoin mining firm, is now pivoting into AI cloud services — and investors are taking notice.
IREN Stock Price Today
As of October 13, 2025, IREN’s stock is trading around $59.77. While the price dipped about 6.3% today, it’s worth remembering how far the stock has come. Just a year ago, it was near $5.13, which shows remarkable growth for investors who stayed on the ride.
This fluctuation is normal in fast-changing sectors like cryptocurrency and AI, where market sentiment can shift quickly based on news and earnings updates.
What Analysts Are Saying
Looking ahead, analysts have mixed opinions. Some see room for continued growth, especially with IREN’s AI cloud initiatives, while others are cautious given market volatility:
- Average price target: $49.89
- High estimate: $82.00
- Low estimate: $24.00
- Consensus: Moderate Buy
The takeaway? While the stock has surged dramatically over the past year, some analysts expect a short-term correction before it stabilizes or climbs higher.
Long-Term Outlook of IREN stock
IREN’s transformation into AI cloud services could be a game-changer. Analysts project:
- 2025: $56–$60
- 2030: $54–$68
- 2045: Around $81
- 2050: Potentially $118
These projections highlight that investors see IREN not just as a Bitcoin miner, but as a tech company positioned for the future, especially in AI infrastructure.
Why the IREN Stock Could Grow
IREN is now deploying high-performance GPUs from Nvidia for AI applications. With multi-year contracts already in place, the company is expected to generate significant recurring revenue from these deals. The pivot to AI cloud services could provide stability and strong growth, unlike the volatility often seen in cryptocurrency mining.
Key Takeaway for Investors
If you’re watching IREN, here’s what to keep in mind:
- Short-term swings are normal. Expect daily ups and downs.
- Long-term potential is tied to AI growth. IREN is moving beyond crypto into tech infrastructure.
- Watch partnerships and GPU expansion. These deals are likely to drive future revenue.
IREN’s story is a clear example of how companies can adapt and evolve with changing technology trends. Investors who understand both the risks and opportunities may find IREN an interesting stock to follow in the coming years.
Disclaimer: This article is only for information. It’s not a financial advice. Always do your own research before investing.
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Official site 👇
👉 IREN Limited Official Website
This link leads to their homepage, where readers can explore more about IREN’s AI cloud services, data centers, and investor relations.