Added to YB: 2025-09-26
Pitch date: 2025-09-25
IREN [bullish]
IREN Limited
-30.43%
current return
Author Info
No bio for this author
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
$43.68
Price Target
550.00 (+1710%)
Dividend
N/A
EV/EBITDA
474.89
P/E
-18.57
EV/Sales
25.76
Sector
Software
Category
growth
IREN Limited: Pivot to AI Cloud Unlocks Multi-Billion EBITDA Opportunity
IREN: Bitcoin miner pivoting to AI/cloud services. Bullish on vertical integration vs peers like $CRWV. 2026 targets: $1B BTC mining EBITDA, $800M co-location (200MW @$4M/MW), $2.7B CSP from 160k GPUs (90% margins). $68-75B EV potential. Price target $550 in 3yrs.
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