IREN ▼ -7.1% - IREN Limited $IREN earnings selloff a buying opportunity, says H.C. Wainwright H.C. Wainwright recommends using the post-earnings selloff in shares of Iren as a buying opportunity. The earnings call was "generally upbeat," the analyst tells investors in a research note. H.C. Wainwright says pricing is moving in Iren's favor while its $4B annual recurring revenue outlook for 2026 is now fully contracted. It reiterates a Buy rating on the shares with a $90 price target. IREN shares fell 7.1% today despite positive analyst commentary following the company's earnings report. H.C. Wainwright characterized the earnings call as "generally upbeat" and highlighted favorable pricing trends and Iren's fully contracted $4 billion annual recurring revenue outlook for 2026, but the market still drove the stock lower in the post-earnings session. The analyst views the selloff as a buying opportunity and maintains a Buy rating with a $90 price target. 28-AUG-2026 06:22 AM ET