jain.com

Year-end AI cloud revenue run-rate target raised to $4B

Company: IREN

Subject kind
guidance
Statement date
2026-09-12
Promised by
2026-12-31
Promised amount
4.0 USD billion
Current status
stated

The claim, verbatim

Iren raised its year-end AI cloud annualized revenue run-rate target to $4 billion, from $3.7 billion

Source (primary)

ORCL, BE, HUT, Or IREN: Retail Investors Are Split Between Two Data Center Stocks Despite Diverging Returns - Stocktwits (-, news_article)
View cached copy (2026-09-13)Live source ↗

Quote: “raised its year-end AI cloud annualized revenue run-rate target to $4 billion, from $3.7 billion”

How we checked this

Checked on September 21, 2026. The cited source supports every part of this claim.

The document confirms Iren raised the run-rate target to $4 billion from $3.7 billion.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/orcl-be-hut-or-iren-retail-investors-are-split-between-two-data-center-stocks-despite-diverging-returns/cZZS7IjR7vR) in full (6,076 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms ORCL, BE, HUT, Or IREN: Retail Investors Are Split Between Two Data Center Stocks Despite Diverging Returns - Stocktwits

Quote: “raised its year-end AI cloud annualized revenue run-rate target to $4 billion, from $3.7 billion”

View cached copy (2026-09-13)Live source ↗