2026 ARR target of over $4 billion
Company: IREN
The claim, verbatim
IREN raised its year-end AI Cloud annual recurring revenue target to more than $4 billion from $3.7 billion
Source (primary)
IREN stock surges 9.11% as 85% of $4B ARR target is under contract - scanx.trade (-, news_article)
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Quote: “IREN Limited has raised its year-end AI Cloud annualized run-rate revenue (ARR) target to more than $4bn from $3.7bn”
How we checked this
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Additional evidence
confirms IREN stock surges 9.11% as 85% of $4B ARR target is under contract - scanx.trade
Quote: “IREN Limited has raised its year-end AI Cloud annualized run-rate revenue (ARR) target to more than $4bn from $3.7bn”