Here’s why the IREN stock price is poised for a 30% surge

cryptonews01-29

IREN stock price has staged a strong comeback as artificial intelligence companies continue raising billions in funding and as traders wait for its upcoming earnings. Summary IREN stock has ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2607174321?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-29 00:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2607174321","market":"nz","top_or_hot":-1,"title":"Here’s why the IREN stock price is poised for a 30% surge","media":"cryptonews","content":"<div>\n<p>IREN stock price has staged a strong comeback as artificial intelligence companies continue raising billions in funding and as traders wait for its upcoming earnings.\n\n\nSummary\n\n\n\nIREN stock has ...</p>\n\n<a href=\"https://crypto.news/heres-why-iren-stock-price-is-poised-for-a-30-surge/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here’s why the IREN stock price is poised for a 30% surge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere’s why the IREN stock price is poised for a 30% surge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-29 00:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/heres-why-iren-stock-price-is-poised-for-a-30-surge/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IREN stock price has staged a strong comeback as artificial intelligence companies continue raising billions in funding and as traders wait for its upcoming earnings.\n\n\nSummary\n\n\n\nIREN stock has ...</p>\n\n<a href=\"https://crypto.news/heres-why-iren-stock-price-is-poised-for-a-30-surge/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IREN","symbol_name":"IREN Ltd","start_time":0,"source_url":"https://crypto.news/heres-why-iren-stock-price-is-poised-for-a-30-surge/","article_id":"2607174321","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/heres-why-iren-stock-price-is-poised-for-a-30-surge/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2607174321","pubTimestamp":1769616305,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"IREN stock price has staged a strong comeback as artificial intelligence companies continue raising billions in funding and as traders wait for its upcoming earnings.IREN stock has staged a strong rebound in the past few weeks.Wall Street analysts are optimistic about the company ahead of its earnings.IREN shares jumped by 15% on Tuesday, January 27, reaching their highest level since November 10 and 80% above their lowest level in December last year.Meanwhile, Wall Street analysts are highly bullish on IREN stock ahead of its upcoming earnings. Mike Colonnese, a top analyst at HC Wainwright, moved his rating from sell to buy and boosted his target to $80. Greg Miller of JMP Securities sees the stock rising to $80, while Joseph Vafi raised to $70.Therefore, the stock will likely continue rising as bulls target the all-time high at $76, which coincides with the ultimate resistance level. This target is nearly 30% above the current level.","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"IREN":"IREN Ltd","BK4600":"加密货币概念","BK4516":"特朗普概念","BK4023":"应用软件","BK4595":"比特币概念"},"translate_title":"这就是IREN股价有望飙升30%的原因","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IREN":1.98},"content_text":"IREN stock price has staged a strong comeback as artificial intelligence companies continue raising billions in funding and as traders wait for its upcoming earnings.\n\n\nSummary\n\n\n\nIREN stock has staged a strong rebound in the past few weeks.\nWall Street analysts are optimistic about the company ahead of its earnings.\nNvidia invested an additional $2 billion in CoreWeave this week.\n\n\n\nIREN shares jumped by 15% on Tuesday, January 27, reaching their highest level since November 10 and 80% above their lowest level in December last year. \nOne potential reason behind the rally is that CoreWeave, a top competitor, raised an additional $2 billion from Nvidia. This investment made Nvidia one of its biggest investors. It is also a sign that the company expects demand for AI data centers to continue rising.\nIREN stock also rose amid rising speculation that it will gain a big customer in the coming weeks or months. One name mentioned by analysts is Anthropic, a company raising $20 billion at a $350 billion valuation. \nIREN received its first big deal last year when Microsoft selected its services in a $9.7 billion deal. More companies, such as Anthropic, Amazon, and Meta Platforms, may also decide to use its data centers as the AI boom continues.\nMeanwhile, Wall Street analysts are highly bullish on IREN stock ahead of its upcoming earnings. Mike Colonnese, a top analyst at HC Wainwright, moved his rating from sell to buy and boosted his target to $80. Greg Miller of JMP Securities sees the stock rising to $80, while Joseph Vafi raised to $70.\nWall Street analysts are optimistic about its upcoming earnings. Data compiled by Yahoo Finance show that revenue for the upcoming period will be $227 million, up by 90% from the same period in 2024. \nThe average estimate for the current quarter is $280 million, up by 90%. Its annual revenue is expected to be $1.15 billion, followed by $2.7 billion.\nIREN stock also jumped as Bitcoin (BTC) rose for three consecutive days, reaching a high of 90,000. This increase is significant because IREN still generates most of its revenue from the Bitcoin mining industry.\nIREN stock price technical analysis\nIREN stock chart | Source: crypto.news \nThe daily timeframe chart shows that IREN stock has rebounded over the past few weeks, moving from a low of $33.54 in December to $60. This rebound happened after it formed an inverted head-and-shoulders pattern, a common bullish reversal sign.\nIREN has remained above the 50-day and 100-day Exponential Moving Averages and the Supertrend indicator. It has moved above the upper boundary of the Murrey Math Lines trading range.\nThe Average Directional Index has continued to rise and is now at its highest level since November, a sign that momentum is continuing.\nTherefore, the stock will likely continue rising as bulls target the all-time high at $76, which coincides with the ultimate resistance level. This target is nearly 30% above the current level.\n\n\n\n\n\n                Read more:\n            \n\n                OKX launches new card to support everyday payments in Europe","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2607174321","isCrawlerRequest":true}