jain.com

Neocloud Contract Pricing

Company: IREN

Subject kind
product
Statement date
2026-09-14
Current status
stated

The claim, verbatim

Neocloud contract pricing has risen to $15-$20 per Watt or higher

Source (primary)

IREN gets double upgrade as JPMorgan, BTIG cite strong AI demand - scanx.trade (-, news_article)
View cached copy (2026-09-14)Live source ↗

Quote: “Neocloud contract pricing has risen substantially, moving from $10-$15 per Watt to $15-$20 per Watt or higher.”

How we checked this

Checked on September 23, 2026. The cited source supports every part of this claim.

JPMorgan's note, as reported in the article, says neocloud contract pricing rose from $10-$15 per Watt to $15-$20 per Watt or higher.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/companies/iren-gets-double-upgrade-jpmorgan-btig-cite-strong-ai-demand/50945778) in full (19,739 characters, retrieved September 14, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN gets double upgrade as JPMorgan, BTIG cite strong AI demand - scanx.trade

Quote: “Neocloud contract pricing has risen substantially, moving from $10-$15 per Watt to $15-$20 per Watt or higher.”

View cached copy (2026-09-14)Live source ↗