Cantor Fitzgerald Increases Stake in IREN Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy IREN?
Source: NASDAQ.COM
- Share Acquisition Details: On February 17, 2026, Cantor Fitzgerald disclosed the acquisition of an additional 3,333,423 shares of IREN, with an estimated transaction value of $171.96 million based on the quarterly average price, indicating strong confidence in the company.
- Value Increase: The quarter-end value of IREN's position rose by $124.65 million, reflecting both new purchases and stock price movements, suggesting Cantor Fitzgerald's optimistic outlook on IREN's future growth.
- Market Position Analysis: With a market capitalization of $13.59 billion, IREN represents only 1.99% of Cantor Fitzgerald's 13F AUM, yet its growth potential has drawn investor interest, particularly given its dependency on a contract with Microsoft.
- Investment Strategy Shift: Cantor Fitzgerald significantly increased its investment in IREN while reducing its stake in CoreWeave during Q4, indicating a belief that IREN may offer higher return potential moving forward.
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Analyst Views on IREN
Wall Street analysts forecast IREN stock price to rise
12 Analyst Rating
8 Buy
2 Hold
2 Sell
Moderate Buy
Current: 40.970
Low
39.00
Averages
80.40
High
136.00
Current: 40.970
Low
39.00
Averages
80.40
High
136.00
About IREN
IREN Limited is an Australia-based company, which owns and operates data centers powered by 100% renewable energy. Its facilities are optimized for Bitcoin mining, artificial intelligence (AI) cloud services, and other power-dense compute. Its data center mining facilities are in Canal Flats, Mackenzie, Prince George and Childress. Bitcoin Mining provides security to the Bitcoin network. Al Cloud Services provides cloud compute to Al customers, approximately 1,896 NVIDIA H100 and H200 GPUs. Its Canal Flats facility is in the Canadian Rockies, 100 kilometers (km) from Cranbrook regional airport and 500km east of Vancouver. Its facility is in Prince George, the city in northern British Columbia, located 500 km north of Vancouver. Its facility is located in Childress County, Texas, over 250 miles northwest of Dallas and in close proximity to multiple wind and solar generating facilities in the region. Its Childress operations comprise 200 Mega Watt of operating data centers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cantor Fitzgerald Increases Stake in IREN
- Share Acquisition: On February 17, 2026, Cantor Fitzgerald disclosed to the SEC the acquisition of an additional 3,333,423 shares of IREN, with an estimated transaction value of $171.96 million, indicating strong confidence in the company's future prospects.
- Market Value Increase: This acquisition led to a $124.65 million increase in IREN's quarter-end value, reflecting the dual impact of new purchases and price changes, thereby solidifying Cantor Fitzgerald's investment strategy in the digital asset sector.
- Portfolio Adjustment: Following this transaction, IREN now represents 1.99% of Cantor Fitzgerald's 13F AUM, while the firm drastically reduced its stake in CoreWeave by 86%, highlighting its focus on IREN's growth potential.
- Market Performance: As of February 17, 2026, IREN shares were priced at $40.97, up 215.9% year-over-year, significantly outperforming the S&P 500 by 203 percentage points, showcasing its robust performance in the data center and Bitcoin mining sectors.
See More
Cantor Fitzgerald Increases Stake in IREN Shares
- Share Acquisition Details: On February 17, 2026, Cantor Fitzgerald disclosed the acquisition of an additional 3,333,423 shares of IREN, with an estimated transaction value of $171.96 million based on the quarterly average price, indicating strong confidence in the company.
- Value Increase: The quarter-end value of IREN's position rose by $124.65 million, reflecting both new purchases and stock price movements, suggesting Cantor Fitzgerald's optimistic outlook on IREN's future growth.
- Market Position Analysis: With a market capitalization of $13.59 billion, IREN represents only 1.99% of Cantor Fitzgerald's 13F AUM, yet its growth potential has drawn investor interest, particularly given its dependency on a contract with Microsoft.
- Investment Strategy Shift: Cantor Fitzgerald significantly increased its investment in IREN while reducing its stake in CoreWeave during Q4, indicating a belief that IREN may offer higher return potential moving forward.
See More
IREN Appoints New Chief Innovation Officer to Lead Data Center Engineering
- Executive Appointment: IREN Limited has appointed John Gross as Chief Innovation Officer, responsible for leading engineering standards and thermal architecture for next-generation data centers, marking a significant step in the company's technological leadership.
- Industry Expert: With 20 years of experience in data center engineering and serving as Vice Chair at ASHRAE, Gross emphasizes IREN's commitment to global standards for high-density and liquid-cooled data centers, showcasing the company's focus on industry benchmarks.
- Technical Integration: By formalizing this role, IREN brings critical engineering expertise in-house to support the scaling of its multi-gigawatt infrastructure, ensuring technical rigor amidst increasing AI workload demands.
- Future Outlook: Daniel Roberts, Co-Founder and Co-CEO of IREN, highlighted that Gross's leadership will be crucial for the company's expansion into high-performance computing solutions and efficiency improvements, reflecting confidence in future growth prospects.
See More
IREN Limited Rated Among Top Meme Stocks to Buy Now
- Analyst Rating Reaffirmed: On February 10, Canaccord Genuity analyst Joseph Vafi reiterated a Buy rating on IREN Limited with a price target of $70, reflecting confidence in the company's future growth prospects.
- Strong Revenue Projections: Analysts predict that IREN plans to deliver approximately 140,000 graphics processing units (GPUs) by the end of 2026, positioning the company for an annualized revenue run-rate of $3.4 billion, indicating robust market competitiveness.
- Data Center Expansion: IREN's recent acquisition of a new 1.6 GW data center in Oklahoma increases its total secured power capacity to over 4.5 GW, further solidifying its leadership in the renewable energy sector.
- Market Sentiment Analysis: Although Cantor Fitzgerald lowered its price target to $82, it maintained an Overweight rating, reflecting ongoing market confidence in IREN, particularly as the company shifts towards AI computing.
See More
MarketBeat Weekly Recap – February 9 to February 13
Market Overview: Stocks are under pressure despite cooler-than-expected inflation readings, with investors focusing on valuations, particularly in the artificial intelligence sector, as earnings season reveals strong numbers from major players.
AI Impact on Jobs: Concerns are growing about the impact of AI on the job market, leading to a circular debate among investors regarding future interest rate cuts and stock valuations.
Earnings Season Insights: Major companies in the AI trade are posting strong earnings, which may influence stock prices positively, while the overall outlook for stocks remains bullish.
Investment Opportunities: Analysts highlight specific stocks, including those in the insurance and energy sectors, as potential buys, while cautioning investors about the risks associated with tech stocks and the broader market's direction.
See More
Tech Stocks Rise on Friday Afternoon
- Market Recovery: Tech stocks broadly rose on Friday afternoon, reflecting a gradual restoration of investor confidence in the technology sector, which could drive stock prices of related companies higher.
- Strong ETF Performance: The State Street Technology Select Sector SPDR ETF (XPREMIUM) showed robust performance during trading, indicating positive sentiment towards the tech sector that may attract more capital inflows.
- Improved Investor Sentiment: With the rise in tech stocks, investor sentiment has improved, potentially leading more investors to reassess their portfolios and increase allocations to technology stocks.
- Optimistic Industry Outlook: The recovery in the tech sector may signal future economic recovery, especially against the backdrop of accelerated digital transformation, where demand for technology investments from businesses is expected to continue growing.
See More
Cantor Fitzgerald Increases Stake in IREN
- Share Acquisition: On February 17, 2026, Cantor Fitzgerald disclosed to the SEC the acquisition of an additional 3,333,423 shares of IREN, with an estimated transaction value of $171.96 million, indicating strong confidence in the company's future prospects.
- Market Value Increase: This acquisition led to a $124.65 million increase in IREN's quarter-end value, reflecting the dual impact of new purchases and price changes, thereby solidifying Cantor Fitzgerald's investment strategy in the digital asset sector.
- Portfolio Adjustment: Following this transaction, IREN now represents 1.99% of Cantor Fitzgerald's 13F AUM, while the firm drastically reduced its stake in CoreWeave by 86%, highlighting its focus on IREN's growth potential.
- Market Performance: As of February 17, 2026, IREN shares were priced at $40.97, up 215.9% year-over-year, significantly outperforming the S&P 500 by 203 percentage points, showcasing its robust performance in the data center and Bitcoin mining sectors.
See More
Cantor Fitzgerald Increases Stake in IREN Shares
- Share Acquisition Details: On February 17, 2026, Cantor Fitzgerald disclosed the acquisition of an additional 3,333,423 shares of IREN, with an estimated transaction value of $171.96 million based on the quarterly average price, indicating strong confidence in the company.
- Value Increase: The quarter-end value of IREN's position rose by $124.65 million, reflecting both new purchases and stock price movements, suggesting Cantor Fitzgerald's optimistic outlook on IREN's future growth.
- Market Position Analysis: With a market capitalization of $13.59 billion, IREN represents only 1.99% of Cantor Fitzgerald's 13F AUM, yet its growth potential has drawn investor interest, particularly given its dependency on a contract with Microsoft.
- Investment Strategy Shift: Cantor Fitzgerald significantly increased its investment in IREN while reducing its stake in CoreWeave during Q4, indicating a belief that IREN may offer higher return potential moving forward.
See More
IREN Appoints New Chief Innovation Officer to Lead Data Center Engineering
- Executive Appointment: IREN Limited has appointed John Gross as Chief Innovation Officer, responsible for leading engineering standards and thermal architecture for next-generation data centers, marking a significant step in the company's technological leadership.
- Industry Expert: With 20 years of experience in data center engineering and serving as Vice Chair at ASHRAE, Gross emphasizes IREN's commitment to global standards for high-density and liquid-cooled data centers, showcasing the company's focus on industry benchmarks.
- Technical Integration: By formalizing this role, IREN brings critical engineering expertise in-house to support the scaling of its multi-gigawatt infrastructure, ensuring technical rigor amidst increasing AI workload demands.
- Future Outlook: Daniel Roberts, Co-Founder and Co-CEO of IREN, highlighted that Gross's leadership will be crucial for the company's expansion into high-performance computing solutions and efficiency improvements, reflecting confidence in future growth prospects.
See More
IREN Limited Rated Among Top Meme Stocks to Buy Now
- Analyst Rating Reaffirmed: On February 10, Canaccord Genuity analyst Joseph Vafi reiterated a Buy rating on IREN Limited with a price target of $70, reflecting confidence in the company's future growth prospects.
- Strong Revenue Projections: Analysts predict that IREN plans to deliver approximately 140,000 graphics processing units (GPUs) by the end of 2026, positioning the company for an annualized revenue run-rate of $3.4 billion, indicating robust market competitiveness.
- Data Center Expansion: IREN's recent acquisition of a new 1.6 GW data center in Oklahoma increases its total secured power capacity to over 4.5 GW, further solidifying its leadership in the renewable energy sector.
- Market Sentiment Analysis: Although Cantor Fitzgerald lowered its price target to $82, it maintained an Overweight rating, reflecting ongoing market confidence in IREN, particularly as the company shifts towards AI computing.
See More
MarketBeat Weekly Recap – February 9 to February 13
Market Overview: Stocks are under pressure despite cooler-than-expected inflation readings, with investors focusing on valuations, particularly in the artificial intelligence sector, as earnings season reveals strong numbers from major players.
AI Impact on Jobs: Concerns are growing about the impact of AI on the job market, leading to a circular debate among investors regarding future interest rate cuts and stock valuations.
Earnings Season Insights: Major companies in the AI trade are posting strong earnings, which may influence stock prices positively, while the overall outlook for stocks remains bullish.
Investment Opportunities: Analysts highlight specific stocks, including those in the insurance and energy sectors, as potential buys, while cautioning investors about the risks associated with tech stocks and the broader market's direction.
See More
Tech Stocks Rise on Friday Afternoon
- Market Recovery: Tech stocks broadly rose on Friday afternoon, reflecting a gradual restoration of investor confidence in the technology sector, which could drive stock prices of related companies higher.
- Strong ETF Performance: The State Street Technology Select Sector SPDR ETF (XPREMIUM) showed robust performance during trading, indicating positive sentiment towards the tech sector that may attract more capital inflows.
- Improved Investor Sentiment: With the rise in tech stocks, investor sentiment has improved, potentially leading more investors to reassess their portfolios and increase allocations to technology stocks.
- Optimistic Industry Outlook: The recovery in the tech sector may signal future economic recovery, especially against the backdrop of accelerated digital transformation, where demand for technology investments from businesses is expected to continue growing.
See More
