Contracted ARR of $4 billion by year-end 2026
Company: IREN
The claim, verbatim
IREN has $4 billion of contracted ARR tied to capacity expected online by year-end 2026
Source (primary)
Northland starts IREN at Outperform with $99 target, implying 128% upside - Yahoo Finance (-, news_article)
View cached copy (2026-09-21)Live source ↗
Quote: “$4 billion of contracted ARR tied to capacity expected online by year-end”
How we checked this
Checked on September 26, 2026. The cited source supports every part of this claim.
The article reports $4 billion of contracted ARR tied to capacity expected online by year-end, in the context of IREN's year-end 2026 target.
Confirmed in the source:
- IREN had $4 billion of contracted ARR
- The contracted ARR is tied to capacity expected online by year-end 2026
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/northland-starts-iren-outperform-99-135457164.html) in full (9,648 characters, retrieved September 21, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Northland starts IREN at Outperform with $99 target, implying 128% upside - Yahoo Finance
Quote: “$4 billion of contracted ARR tied to capacity expected online by year-end”