JPMorgan analyst Richard Choe upgraded IREN Limited from Underweight to Overweight, raising the price target 41% to $65 due to a $5.5 billion partnership with Nvidia. This deal shifts IREN from Bitcoin mining to AI cloud computing, leveraging existing infrastructure to meet rising AI demand. IREN's AI compute services now command higher prices, with annual recurring revenue forecasted at $4 billion for 2026 and plans to expand capacity by 0.5 gigawatts by 2027. The broader market consensus is bullish, signaling strong growth potential as IREN pivots away from crypto mining toward AI infrastructure.
Morgan Stanley analyst Joe Laetsch raised Valero Energy's price target to $411, signaling a potential 3.18% upside from its current price. Institutional investors like Virginia Retirement Systems and Gamco Investors are initiating new positions, whil...
Hain Celestial reported a Q4 2026 loss per share of $0.05, missing analyst estimates of $0.03 loss, with revenues down to $263.07 million from $363.35 million a year ago. The company is selling its international business for $323 million to focus on ...
Roblox, an online gaming platform valued at $32.5 billion, saw its stock rise to $45.50 following major platform upgrades announced at its Developers Conference, including AI-assisted creation tools. Analyst firm Wedbush raised its price target from ...
SEALSQ Corp reported a 131% increase in revenue to $11.2 million for H1 2026, driven by strong demand for its secure semiconductor products and services. Despite this growth, the company posted a net loss of $27.8 million due to higher spending on re...
Evolution Petroleum Corporation will release its Q4 2026 earnings on September 15, with revenue expected to increase to $23.24 million from last year. However, earnings per share are projected to decline to $0.01 from $0.03, reflecting mixed financia...
