poisar

Stocks · News reference

Rothschild & Co Initiates Coverage On IREN with Neutral Rating, Announces Price Target of $40

BenzingaBenzinga Newsdesk

Rothschild & Co analyst Alex Haissl initiates coverage on IREN (NASDAQ:IREN) with a Neutral rating and announces Price Target of $40.

Reference Details

Connected Markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

Source
benzinga
Observed
Checked
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  1. The Motley FoolSara Appino

    Applied Digital vs. IREN: Which Technology Stock Is a Better Buy in 2026?

    The article compares two AI infrastructure companies: Applied Digital (APLD) and IREN (IREN). Applied Digital shows stronger margins (22.38% vs 9.84%) and lower P/S ratio (13.1x vs 23.0x) but faces customer concentration risk with CoreWeave. IREN has secured major contracts with Microsoft ($9.7B) and Nvidia ($3.4B) and is pivoting from crypto mining to AI cloud services, though it reported a massive net loss of $702.6M. The author recommends IREN for patient investors due to its stronger contracted revenue base and blue-chip customer relationships, despite both companies currently losing money.