Professional
Added to YB: 2026-07-06
Pitch date: 2026-07-01
IREN [neutral]
IREN Limited
+3.26%
current return
Author Info
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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
$13.9B
Pitch Price
$42.52
Price Target
N/A
Dividend
N/A
EV/EBITDA
106.17
P/E
71.46
EV/Sales
20.64
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)