Iren, Neutral and JPMorgan

Iren raised to Overweight, Cipher Mining cut to Neutral at J.P. Morgan
J.P. Morgan upgraded Iren Ltd. (NASDAQ:IREN) to Overweight from Neutral on Thursday as analyst Reginald Smith cited its robust bitcoin (BTC-USD) mining operations and high-performance computing optionality.
Bitcoin Miner IREN Upgraded to Overweight, Cipher Mining Cut to Neutral: JPMorgan
JPMorgan raised IREN (IREN), its top pick in the sector, to overweight from neutral, and cut its price target to $12 from $15. The shares were 2.7% higher at $7.23 in early trade. Cipher Mining (CIFR) was downgraded to neutral from overweight, while the bank withdrew its $8 price target. The stock fell 3% to $3.10.
IREN upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Reginald Smith upgraded IREN (IREN) to Overweight from Neutral with a price target of $12, down from $15. The firm updated
JPMorgan upgrades Bitcoin miner, expects a 70% rally
The five Bitcoin miners under JP Morgan’s coverage have collectively lost more than 20% of their market value in 2024, compared to an 11% drop in Bitcoin’s price. The drop came after a rally around the U.S. election. Slower-than-expected high-performance computer deals and worsening mining economics hurt miners the most.
JP Morgan outlook on Bitcoin miners - upgrades IREN, downgrades Cipher
JP Morgan revised its outlook for bitcoin mining companies, following their fourth-quarter results and changes in the cryptocurrency market. Brokerage upgraded IREN Ltd (NASDAQ:IREN) to "Overweight" from "Neutral,
Breaking Down IREN: 5 Analysts Share Their Views
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $19.2, along ...
Fintel on MSN1d
JP Morgan Upgrades IREN (IREN)
Fintel reports that on March 13, 2025, JP Morgan upgraded their outlook for IREN (NasdaqGS:IREN) from Neutral to Overweight.
IREN (IREN) Shows Strong Signs of Growth Despite Sliding Share Price
IREN Limited (IREN) recently witnessed a 35% decline in share value despite a strong Q2 FY2025 performance. Even as the company reported sales ...
Bitcoin Miners Ride The BTC Boom, But Costs Tell A Different Story: JPMorgan Analyst
Bitcoin (CRYPTO: BTC) miners just had one of their best quarters on record, but the real winners aren't just those mining the most coins – it's those keeping costs in check.
DatacenterDynamics3d
IREN plans 75MW liquid-cooled AI data center in Texas
IREN (also known as Iris Energy) is planning to deploy a new 75MW liquid-cooled data center for AI/HPC at its Childress site ...
Yahoo Finance4d
IREN annouces plans to expand in Sweetwater with 2GW data center hub
IREN emphasizes sustainability and is advancing closed-loop, direct-to-chip liquid cooling across its data centers. In the future, more details on water usage and grid impact are expected to be ...