Added to YB: 2024-11-14
Pitch date: 2024-11-14
IREN [bullish]
IREN Limited
+184.02%
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
$10.70
Price Target
150.00 (+394%)
Dividend
N/A
EV/EBITDA
474.89
P/E
-18.57
EV/Sales
25.76
Sector
Software
Category
growth
Iris Energy Limited - Complete A-Z investment case
IREN: Fastest-growing BTC miner, industry-best efficiency. Expanding to AI/HPC with 1.4GW TX site. 50 EH/s by Q2 2025, 77% gross margin. AI potential: own CSP or colocation deals. Undervalued at 5x PS vs peers. $150+ PT by H1 2026 on $1.7B mining, $800M+ AI revenue.
Read full article (64 min)