Here's what Wall Street analysts are saying after IREN's earnings miss

The weaker results were tempered by continued progress in the bitcoin miner’s shift toward AI infrastructure. What to know : IREN posted weaker-than-expected fiscal second-quarter results, with revenue falling to $184.7 million and losses widening. Wall Street remains split, with some analysts focused on near-term earnings pressure while others point to a de-risked AI infrastructure buildout and longer-term upside. B. Riley raised its price target on IREN to $83 from $74 while reiterating its buy rating on the stock.