Added to YB: 2025-12-26
Pitch date: 2025-12-22
IREN [bullish]
IREN Limited
-25.37%
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
$40.72
Price Target
N/A
Dividend
N/A
EV/EBITDA
474.89
P/E
-18.57
EV/Sales
25.76
Sector
Software
Category
growth
AI Wants Infinite Compute. IREN Is One of the Few Built to Supply It.
IREN: Down 50% from highs but applying Tesla playbook to datacenters w/ infinite AI demand ahead. Q1 highlights: $9.7B Microsoft contract (16% contracted power), low-capex ASIC-to-GPU shifts in weeks, flexible rack densities reducing re-contracting risk. Rising cash from ops, reverting capex/FCF relationship. 15x sales, $11B mkt cap.
Read full article (5 min)