$4B annualized recurring revenue target
Company: IREN
The claim, verbatim
IREN targets reaching $4 billion in annualized recurring revenue by the end of 2026
Source (primary)
IREN Shares Fall 2.7% as Technology Stocks Decline - Yahoo Finance (-, news_article)
View cached copy (2026-09-14)Live source ↗
Quote: “its target of reaching $4 billion in annualised recurring revenue by the end of 2026”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The article says IREN's target is $4 billion in annualised recurring revenue by the end of 2026, as cited by JPMorgan.
Confirmed in the source:
- IREN has a target of reaching $4 billion in annualized recurring revenue
- The target date is the end of 2026
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/iren-shares-fall-2-7-120704832.html) in full (9,166 characters, retrieved September 14, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Shares Fall 2.7% as Technology Stocks Decline - Yahoo Finance
Quote: “its target of reaching $4 billion in annualised recurring revenue by the end of 2026”