IREN Limited Stock (NASDAQ: IREN) Today: Analyst Downgrade, $9.7B Microsoft AI Deal, and Wall Street Forecasts as of Dec. 23, 2025
December 23, 2025 — IREN Limited (NASDAQ: IREN) — formerly known as Iris Energy — is back at the center of the AI infrastructure trade after a turbulent month that has seen the stock swing between “neo-cloud momentum” and “financing-and-dilution