This Crypto and AI Stock Just Got a Massive New Street-High Price Target That Implies Shares Could Double in the Next Year

With IREN Limited (IREN) executing a bold transformation, its identity is swiftly shifting from a pure-play crypto miner into a serious contender in artificial intelligence (AI) infrastructure. Amid this, in a stunning vote of confidence, Roth/MKM recently catapulted its price target for IREN stock from $35 to $82. That price target leap suggests the stock could nearly double.

With IREN rapidly advancing from crypto mining into high-powered AI cloud operations, and already accelerating GPU deployments, this aggressive upgrade signals that Wall Street may be waking up to a new hybrid powerhouse in the crypto-AI space.