Added to YB: 2025-10-29
Pitch date: 2025-10-28
IREN [neutral]
IREN Limited
-50.55%
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
$61.45
Price Target
N/A
Dividend
N/A
EV/EBITDA
474.89
P/E
-18.57
EV/Sales
25.76
Sector
Software
Category
growth
Some quick thoughts on a few of my core positions: $IREN
IREN (update): Energy scarcity play driven by AI demand. 3GW secured grid power (mostly W. Texas) + multi-GW pipeline. EV ~$20B vs $DLR's ~$80B EV for similar 3GW capacity. IREN as IAAS provider (higher value chain than DLR's colocation) suggests multi-bagger potential if pivot succeeds.
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