FY27 capital expenditure outline
Company: IREN
The claim, verbatim
IREN outlined FY27 capital expenditures of $25 billion to $30 billion, including spending on current deployments, calendar 2027 capacity and early work for 2028 projects
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: “IREN has outlined FY27 capital expenditures of $25 billion to $30 billion”
How we checked this
Checked on September 26, 2026. The cited source supports every part of this claim.
The article states the $25 billion to $30 billion FY27 capex outline and lists the same three components.
Confirmed in the source:
- IREN outlined FY27 capital expenditures of $25 billion to $30 billion
- The FY27 capex figure includes spending on current deployments, calendar 2027 capacity and early work for 2028 projects
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: “IREN has outlined FY27 capital expenditures of $25 billion to $30 billion”