IREN Limited Stock Forecast 2026: Can Microsoft’s $9.7B AI Deal Keep the Rally Alive?
As of December 1, 2025, IREN Limited (NASDAQ: IREN) – the company formerly known as Iris Energy – sits right at the crossroads of two hyper-volatile themes: Bitcoin mining and artificial intelligence (AI) cloud infrastructure. The stock is trading around $46–47 per share, with a live quote of about $46.48 late in Monday trading. That puts IREN down sharply from its early‑November record high near $76.9, but still up more than 8x from its April low around $5.13. INDmoney+1 At the same time, Wall Street analysts are pencilling in anywhere from –50% downside to nearly 3x upside over the next