2026 annual recurring revenue forecast
Company: IREN
The claim, verbatim
Management increased calendar 2026 annual recurring revenue projection to $4.0 billion from previous $3.4 billion estimate
Source (primary)
JPMorgan Reverses Course on IREN Stock, Jumps to Overweight Rating with $65 Target - blockonomi.com (-, news_article)
View cached copy (2026-09-14)Live source ↗
Quote: “Management has increased its calendar 2026 annual recurring revenue projection to $4.0 billion, marking a substantial increase from the previous $3.4 billion estimate issued in November.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The article states that management raised its calendar 2026 ARR projection to $4.0 billion from a prior $3.4 billion estimate.
Confirmed in the source:
- IREN management raised its calendar 2026 annual recurring revenue projection to $4.0 billion
- The previous IREN calendar 2026 ARR estimate was $3.4 billion
What we did: Read our cached copy of the publisher (https://blockonomi.com/jpmorgan-reverses-course-on-iren-stock-jumps-to-overweight-rating-with-65-target/) in full (6,892 characters, retrieved September 14, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms JPMorgan Reverses Course on IREN Stock, Jumps to Overweight Rating with $65 Target - blockonomi.com
Quote: “Management has increased its calendar 2026 annual recurring revenue projection to $4.0 billion, marking a substantial increase from the previous $3.4 billion estimate issued in November.”