Added to YB: 2025-12-26
Pitch date: 2025-12-22
IREN [bullish]
IREN Limited
+3.09%
current return
Author Info
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
$13.1B
Pitch Price
$40.72
Price Target
N/A
Dividend
N/A
EV/EBITDA
56.18
P/E
20.07
EV/Sales
18.94
Sector
Software
Category
growth
AI Wants Infinite Compute. IREN Is One of the Few Built to Supply It.
IREN: Down 50% from highs but applying Tesla playbook to datacenters w/ infinite AI demand ahead. Q1 highlights: $9.7B Microsoft contract (16% contracted power), low-capex ASIC-to-GPU shifts in weeks, flexible rack densities reducing re-contracting risk. Rising cash from ops, reverting capex/FCF relationship. 15x sales, $11B mkt cap.
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