Added to YB: 2025-12-04
Pitch date: 2025-12-02
IREN [neutral]
IREN Limited
-2.44%
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
$41.13
Price Target
N/A
Dividend
N/A
EV/EBITDA
58.92
P/E
24.38
EV/Sales
19.87
Sector
Software
Category
growth
IREN cleans balance sheet. Will it stay the course or mix bare metal with REIT?
IREN (update): Refinancing legacy converts eliminates 30% dilution risk (86.4M shares) & cuts $30-37M annual interest costs. New CFO from Macquarie implementing infrastructure playbook for 3GW+ AI data centers at $14-16M/MW. Power scarcity creates bottleneck advantage vs 47GW shortfall 2025-28.
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