JPMorgan Chase & Co. Upgrades IREN (NASDAQ:IREN) to Overweight

JPMorgan double upgraded a data center stock that struck a deal with Nvidia earlier this year

The investment bank double upgraded the artificial intelligence infrastructure stock to overweight from underweight.

JPMorgan Chase & Co. Upgrades IREN (NASDAQ:IREN) to Overweight

JPMorgan Chase & Co. raised IREN from an "underweight" rating to an "overweight" rating and lifted their price target for the stock from $46.00 to $65.00 in a research report on Monday.

JPMorgan double upgrades IREN to overweight as Bitcoin miner pivots to AI infrastructure

JPMorgan double upgraded IREN from Underweight to Overweight with a $65 price target, citing a $5.5 billion Nvidia deal and its pivot from

IREN’s JPMorgan Upgrade Meets a 4% Premarket Selloff

IREN shares were indicated at $42.08 at 8:02 a.m. Eastern on Monday, down 3.98% from Friday’s $43.83 close, according to MarketBeat’s live quote, even as a new JPMorgan call turned decisively bullish. The bank raised the Nasdaq-listed data-center operator to Overweight from Underweight and lifted its target to $65 from $46, according to market-news entries…

JPMorgan Reverses Course on IREN Stock, Jumps to Overweight Rating with $65 Target

JPMorgan upgrades IREN stock to Overweight with $65 target, citing neocloud expansion, NVIDIA partnership, and $4B ARR projection for 2026.

IREN Stock Gets a Big Upgrade as JPMorgan Flips From Underweight to Overweight

TLDR JPMorgan upgraded IREN from Underweight to Overweight, raising its price target to $65 from $46 IREN trades at $43.83 and is positioning itself as a top-tier neocloud provider backed by an NVIDIA partnership Industry pricing has moved up from $10-15 per watt to $15-20 per watt and higher IREN...