{"id":52782,"date":"2025-10-14T14:01:51","date_gmt":"2025-10-14T14:01:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=52782"},"modified":"2025-10-14T14:01:51","modified_gmt":"2025-10-14T14:01:51","slug":"bitcoin-miner-irens-ai-pivot-earns-100-price-target-at-cantor-fitzgerald","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=52782","title":{"rendered":"Bitcoin Miner IREN&#8217;s AI Pivot Earns $100 Price Target at Cantor Fitzgerald"},"content":{"rendered":"<div>\n<p>Hot-handed bitcoin miner turned AI infrastructure play IREN (IREN) continues to have major upside, according to Wall Street brokerage Cantor Fitzgerald.<\/p>\n<p>&#8220;Over the past several months, IREN has heavily leaned into its AI Cloud Services segment,&#8221; wrote analyst Brett Knoblauch. &#8220;This is a business that we believe will ultimately closely resemble that of CoreWeave (CRWV).&#8221;<\/p>\n<p>&#8220;While shares have done well over the expectation that IREN will entirely focus on its GPU cloud,&#8221; Knoblauch continued, &#8220;we continue to believe there is more room to run.&#8221;<\/p>\n<p>Knoblauch further noted that on a contracted megawatt basis, IREN is trading at about a 75% discount to its neocloud peer group. A discount is surely warranted given revenue backlog disparity, he said, but the gap should close over time, &#8220;resulting in a material re-rating on IREN shares.&#8221;<\/p>\n<p>Knoblauch more than doubled his price target to $100 from $49, suggesting 56% upside from last night&#8217;s close of $64.14. The stock is higher by 513% since starting the year just above $10.<\/p>\n<p>IREN is up marginally in premarket action to $64.50.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hot-handed bitcoin miner turned AI infrastructure play IREN (IREN) continues to have major upside, according to Wall Street brokerage Cantor Fitzgerald. &#8220;Over the past several months, IREN has heavily leaned into its AI Cloud Services segment,&#8221; wrote analyst Brett Knoblauch. &#8220;This is a business that we believe will ultimately closely resemble that of CoreWeave (CRWV).&#8221; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-52782","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52782"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52782\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}