Added to YB: 2026-02-10
Pitch date: 2026-02-06
IREN [neutral]
IREN Limited
-25.58%
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
$40.84
Price Target
N/A
Dividend
N/A
EV/EBITDA
474.89
P/E
-18.57
EV/Sales
25.76
Sector
Software
Category
growth
Here is why IREN is down 50%.
IREN (quick overview): Down 50% on no hyperscaler deals, revenue miss ($185M vs $227M est) & earnings miss ($155M loss vs $44M est). Revenue miss from Bitcoin decline (-39% Q/Q), AI grew 137% Q/Q to $17.3M. Earnings miss from one-time charges. Secured $3.6B GPU financing at <6%, new 1.6GW Oklahoma datacenter, $3.4B ARR guidance by 2026. Trading 3-4x 2026 ARR.
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