jain.com

Year-end 2026 AI cloud ARR target

Company: IREN

Subject kind
guidance
Statement date
2026-09-23
Promised by
2026-12-31
Promised amount
4.0 billion USD
Current status
stated

The claim, verbatim

Raised year-end 2026 AI cloud ARR target above $4 billion

Source (primary)

Rothschild Redburn starts IREN at Neutral with $40 target, forecasts $13.3 billion revenue by fiscal 2029 - Yahoo Finance (-, news_article)
View cached copy (2026-09-24)Live source ↗

Quote: “raised its year-end 2026 AI cloud ARR target above $4 billion”

How we checked this

Checked on September 27, 2026. The cited source supports every part of this claim.

The article states IREN raised its year-end 2026 AI cloud ARR target above $4 billion.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/rothschild-redburn-starts-iren-neutral-133602466.html) in full (9,351 characters, retrieved September 24, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Rothschild Redburn starts IREN at Neutral with $40 target, forecasts $13.3 billion revenue by fiscal 2029 - Yahoo Finance

Quote: “raised its year-end 2026 AI cloud ARR target above $4 billion”

View cached copy (2026-09-24)Live source ↗