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News  ›  Benzinga

This Nvidia-Powered AI Infrastructure Stock Is Now Significantly Underpriced Following Steep Pullback: Value Score Spikes

Benzinga Logo Benzinga By Vishaal Sanjay
This Nvidia-Powered AI Infrastructure Stock Is Now Significantly Underpriced Following Steep Pullback: Value Score Spikes

IREN Ltd., an Nvidia partner and neocloud company serving Microsoft and other AI clients, has become significantly undervalued following a 13.3% monthly pullback and 45.31% decline from its 52-week high. Despite securing a $9.7 billion Microsoft deal and projecting $3.4 billion in annual recurring revenue by end of 2026, the stock now trades at 24x earnings with a surging Value score, presenting a potential buying opportunity.

Insights
HPE   neutral

Participated in benchmark without standout performance highlights


MSFT   neutral

Mentioned as a customer of IREN with a $9.7 billion deal, but no specific sentiment about Microsoft itself is expressed in the article.