Professional
Added to YB: 2026-07-06
Pitch date: 2026-07-01
IREN [neutral]
IREN Limited
-28.54%
current return
Author Info
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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
$42.52
Price Target
N/A
Dividend
N/A
EV/EBITDA
474.89
P/E
-18.57
EV/Sales
25.76
Sector
Software
Category
growth
Komodo Capital | 1H 2026 Portfolio Review - IREN Limited
IREN (holding update): Neocloud play like NBIS, 4.2% position. Lagged NBIS YTD on delayed hyperscaler/AI contract. Clean balance sheet, 5+GW secured power, strong Nvidia ties, 2.0GW Sweetwater TX asset. Added Mirantis (orchestration) & Nostrum (Spain). Risks: dilution, liquidity, rates. Long-term trade, took profits along way.
Read full article (1 min)