IREN Stock Price Target Raised to $142 After Microsoft AI Partnership - Wall Street Bullish Outlook

Wall Street's most optimistic IREN analyst has significantly increased the price target to $142 following the company's groundbreaking $9.7 billion artificial intelligence partnership with Microsoft. This major AI deal represents one of the largest technology partnerships in recent years, signaling strong confidence in IREN's data center capabilities and AI infrastructure potential. The substantial price target adjustment reflects growing institutional belief in IREN's positioning within the rapidly expanding artificial intelligence and cloud computing sectors. Market analysts highlight that this Microsoft collaboration could accelerate IREN's revenue growth and establish the company as a key player in enterprise AI solutions infrastructure.