IREN Limited Rises 22% in 6 Months: Buy, Sell or Hold the Stock?

Key Takeaways IREN shares gained 21.6% in six months, beating the finance sector and industry.IREN's AI cloud revenues jumped 136.9% sequentially, targeting $3.7B ARR by 2026.IREN trades at 5.5X forward sales, above industry levels amid rising competition.IREN Limited (IREN) shares have surged 21.6% over the past six months, outperforming the broader Zacks Finance sector and the Financial - Miscellaneous Services industry’s decline of 0.1% and 28%, respectively. IREN’s focus on no longer being a pure-play c ...