Key TakeawaysShares of IREN advanced 2.6% to close at $39.75 on Tuesday, while Bernstein maintains its $100 price target representing potential upside of 146%. Wall Street analysts rate the stock a “Moderate Buy” on average, with a mean price target of $82.71, although JPMorgan maintains an “underweight” stance with a $46 price objective. The company secured $2.8 billion worth of new AI Cloud agreements spanning multiple years in July, subsequently increasing its annualised 2026 AI Cloud revenue forecast to exceed $4 billion. Notably, the $100 price target also exceeds IREN’s 52-week high of $76.87 by roughly 30%. Wall Street Analyst ConsensusAccording to Google Finance data, the mean price target among 10 covering analysts stands at $77.89.