Registered with NASDAQ, Bitcoin Mining Company Iren Ltd. is currently one of the hottest stocks on Wall Street. Aylen has spinned nearly 300% since March and 74% in the past month.
After falling earlier this year, Bitcoin Miner stocks were almost typical from April’s lows. The stock took a break at $30 before experiencing pullbacks, but recent price targets from analysts suggest that a new all-time high is inevitable.
Airen price target
Canaccord Genuity has raised its Iren price target from $23 to $37 per share after Iren’s earnings report. They weren’t the only ones. HC Wainwright has allocated a price target of $36, but Roth Capital believes Iren can reach $35 per share.
All three price increases suggest a massive advantage from Aylen’s $26.48 closing price at the end of August.
Airen price chart. Source: Google Finance
What causes the rally?
Although Aylen has been a Bitcoin miner since its establishment in 2018, the infrastructure required for Bitcoin mining has given her an advantage in scaling AI infrastructure.
The company has discovered opportunities to build AI infrastructure with knowledge of bitcoin mining, and investors are aware.
However, the transition from crypto mining to AI is not new, and Aylen is not the only stock that will benefit from this trend.
Terewulf’s $3.2 billion AI contract with Alphabet shows how advantageous it would be for Bitcoin miners to concentrate on AI instead of expanding their operations.
Frank Holmes, executive chairman and co-founder of Hive Digital Technologies, recently joined Beincrypto to discuss several high-growth catalysts for crypto miners pivoting to artificial intelligence.
Meanwhile, the results of Aylen’s fourth quarter FY25 revenue confirmed the bullish paper, presenting new information.
In fiscal year 2025, revenues rose 168% to $505 million. Bitcoin mining brought in $484.6 million, while AI Cloud Services generated only $16.4 million.
A performance summary from Airen Analyst. Source: Bing
Although AI cloud services are currently a small revenue, the company’s recent NVIDIA chip expansion and its new NVIDIA preferred partner status suggest that cloud revenue will accelerate.
Leadership also told investors in the 4th FY25 press release that the AI crowd segment could produce between $200 million and $250 million a year by December 2025.
Enthusiasm is based on social media
Investors are excited about how much Aylen’s AI cloud service can expand. Also, if the price of Bitcoin increases, the profits of the company’s Bitcoin mining business will increase. Many of these investors speak on social media.
Iren Stock has its own Reddit page that shows you daily activity from your growing user base. Still, the majority of the excitement takes place in X. Iren’s X account received floods of engagement and positive comments when reporting the results of FY25.
$IREN today reported its results for fiscal year 2023.
Important highlights:– Record revenue includes $50 million (including $187 million for the fourth quarter)
– Record net profit of $87 million
– Records an EBITDA of $278 million
– Record adj. $270 million EBITDA
– Annual expansion to 10.9K GPUS and $200-250M AI Cloud…pic.twitter.com/zh1qimyxor– Irish (@iren_ltd) August 28, 2025
The founder of #miningmafia tweeted that it could trim Aylen’s position once it reaches $420 per share.
Another X user said Aylen is a type of inventory that is “still undervalued” by more than 100%. Eric Jackson, the investor behind Open’s 1,000% stake rally, believes Iren could be 100 times more stake.
I went live on TV with @cvpayne on @foxbusiness
Why did you break the reason $open, $iren, and $cifr are 100 bugger plays? And why would you like to roll with $open Army to @drake and bend with Kendrick? Let’s ride it.
pic.twitter.com/ocdnol3xnb
– Eric Jackson (@ericjackson) August 22, 2025
Where does Airen Price go from here?
Social media enthusiasm does not guarantee that stocks will reach any of the price targets investors see on platforms like X.
However, within a few months, Ilenstock’s move of nearly $30 per share, strong retail investors’ participation, price rises from analysts, and attractive long-term opportunities make Ilen stocks promising.
If Iren reaches $200 million to $250 million in annual revenue from AI cloud services, the stock could rise.
Many analysts anticipate that scenario, and it’s easy to wonder how much this segment will accelerate after 2026 if AI cloud services reach its benchmark.
Overall, artificial intelligence is still in its early innings. Nvidia has become a giant in the AI industry and other shipmakers continue to score record highs, but it is the relatively small crypto miners who will present the next wave of long-term capital rises.
Postalists will increase Airen price targets. It first appeared in Beincrypto.
