<- Go home

Added to YB: 2025-10-29

Pitch date: 2025-10-28

IREN [neutral]

IREN Limited

-42.26%

current return

Author Info

No bio for this author

Company Info

IREN Limited operates in the vertically integrated data center business in Australia and Canada. The company owns and operates computing hardware, as well as electrical infrastructure and data centers.

Market Cap

$13.7B

Pitch Price

$61.45

Price Target

N/A

Dividend

N/A

EV/EBITDA

58.92

P/E

24.38

EV/Sales

19.87

Sector

Software

Category

growth

Show full summary:
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.

Read full article (1 min)