IREN Stock on November 30, 2025: Analyst Upgrade, New Auditor and Institutional Buying After Microsoft AI Cloud Deal
IREN shares closed at $48.45 on November 30, up nearly 390% year-to-date after peaking at $76.87 in early November. Citizens initiated coverage with a “Market Outperform” rating and $80 target, citing IREN’s AI and cloud contracts. Envestnet purchased 17,470 shares, bringing institutional ownership above 41%. KPMG has replaced Raymond Chabot Grant Thornton as IREN’s auditor.