• Cantor Fitzgerald upgraded NASDAQ:IREN to "Overweight" and raised the price target from $49 to $100.
• IREN Ltd. is recognized as a key player in the AI infrastructure sector, securing multi-year contracts with major hyperscalers.
• The company's stock has shown significant movement, with a 52-week high of $70.05 and a low of $5.13, reflecting investor confidence in its growth potential.

On October 14, 2025, Cantor Fitzgerald upgraded the stock grade of NASDAQ:IREN to "Overweight," signaling confidence in its future performance. At the time, the stock was priced at $64.14. Cantor Fitzgerald also raised the price target for IREN from $49 to $100, indicating a strong belief in the company's growth potential.

IREN Ltd. is gaining attention as a key player in the AI infrastructure sector. As highlighted by Shay Boloor from Futurum Equities, IREN is part of the next wave of AI trade, focusing on industrial applications. This positions IREN as a top "AI Utility" pick, alongside Nebius Group NV, due to their role in supporting AI infrastructure.

The demand for AI infrastructure is not speculative. IREN is securing multi-year contracts with major hyperscalers like Amazon, Microsoft, and Google. This ensures a steady revenue stream and supports the company's growth. The stock's current price of $64.14 reflects a 7.31% increase, showing investor confidence in its future.

IREN's stock has shown significant movement, with a 52-week high of $70.05 and a low of $5.13. The company's market capitalization stands at approximately $17.39 billion, indicating its substantial presence in the market. With a trading volume of 44.98 million shares, IREN is actively traded on the NASDAQ exchange.

The stock's fluctuation between a low of $61.79 and a high of $67.79 today highlights its volatility. However, the upgrade by Cantor Fitzgerald and the raised price target suggest a positive outlook. As the AI boom continues, IREN's role in providing essential infrastructure positions it for significant growth.