01:08 PM EDT, 08/29/2025 (MT Newswires) -- Iren ( IREN ) shares rose 18% in recent Friday trading after two analysts raised their price targets on the stock, following the company's swing to a fiscal year profit from a loss a year earlier.

Roth Capital boosted its target to $35 from $26, while B. Riley raised its target to $29 from $22. Both analysts maintained their buy ratings.

Price: 27.17, Change: +4.13, Percent Change: +17.90