Professional
Added to YB: 2025-07-03
Pitch date: 2025-07-02
IREN [neutral]
IREN Limited
+90.29%
current return
Author Info
Komodo Capital shares their favorite risk adjusted ideas in the market today, ranging from micro caps to mega caps. Sign up for the newsletter.
Company Info
IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate data centers, including the associated land, grid connections, and substations, as well as buildings and cooling.
Market Cap
$16.3B
Pitch Price
$15.97
Price Target
30.50 (+0%)
Dividend
N/A
EV/EBITDA
474.89
P/E
-18.57
EV/Sales
25.76
Sector
Software
Category
growth
Komodo Capital H1 2025 Portfolio Review: IREN Limited
IREN added to position: Data center play mis-priced as Bitcoin miner. Catalysts: 50 EH/s mining capacity achieved, Sweetwater completion & co-location agreement signing. Growing coverage educating market. Perception shift expected by end-2025. >100% returns potential in 24 months.
Read full article (1 min)