What’s your price target for $IREN
What I’ve seen so far:
@mikealfred $200 base case
@litigious_dulce $380 in 1-2 years
Bull or bear, comment your price target below (hopefully with a date too).
Mine, back under $10 within 3 years.
did some rough math. $IREN bulls are going to hate it.
fair value: $53.78*
This is assuming they sign a colo deal TODAY, start building TODAY, and finish building 3GW of data center capacity in 6 years @ 500mw per year.
This how bad their Capex/dillution will be
PLEASE $IREN AI CLOUD BULLS explain to me what happened here. This is bad.
256 Blackwells were set up and contracted out yet where is the revenue? It's been over a month. Not only should have revenue increased but more importantly AI Cloud ARR should've had a step change
$IREN is pleased to provide our monthly update for August 2025:
- $79m revenue, $26m net electricity costs, $53m hardware profit
- AI Cloud expanding to 10.9k GPUs (>80% Blackwells), supported by non-dilutive GPU financing
- Expansion opportunity of >60k GPUs across British
Too low. $IREN@danroberts0101 guided to $250m by DECEMBER! Why not by year end!?!
Horizon 1 finishes by year end. Supports 19k GB300s, that’s over $500M ARR!
$750M ARR by year end! Screw Colo, that’s for losers who can’t run a cloud!
SW1 1.4GW = $14B in cloud ARR 🤯
DO