Key TakeawaysShares of IREN advanced 2.6% to $39.75 in Tuesday’s session, with Bernstein maintaining the Street’s most aggressive price objective at $100—representing potential gains of 146%. The company secured $2.8 billion worth of fresh multi-year AI Cloud agreements in July, subsequently elevating its 2026 annualized AI Cloud revenue projection beyond $4 billion. Shares of IREN changed hands at $39.75 during Tuesday’s trading session, marking a 2.6% increase from the previous closing price of $38.74. IREN Limited, IRENThe stock presently trades significantly beneath its 50-day moving average of $46.06 and 200-day moving average of $46.56. Bernstein’s Gautam Chhugani maintains the Street’s most optimistic price objective on IREN at $100.