IREN Limited Fell by 33% in 2026 But 3 Analysts Believe It Will Nearly Quadruple in Price From Here

Impact · against what's priced in

The article provides no new catalysts for the major cloud players but confirms the severe valuation collapse for the neocloud pivot. For IREN and its peers, the market continues to reject the high-growth AI hosting thesis despite signed contracts, as funding gaps and sector-wide existential fears outweigh the headline ARR.

CIFR+0.00

Already priced in

The price assumes

the sector's AI-hosting pivot thesis