2026 annualized recurring revenue target
Company: IREN
The claim, verbatim
IREN raised its 2026 annualized recurring revenue target to more than $4 billion, with approximately 85% under contract
Source (primary)
IREN's NVIDIA Status and Microsoft Win: Time to Buy or Hold the Stock? - TradingView (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “lifted its 2026 annualized recurring revenue target from $3.7 billion to more than $4 billion. About 85% of that target is now under contract”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document confirms both the raised target and the ~85% under-contract figure.
Confirmed in the source:
- IREN raised its 2026 annualized recurring revenue target to more than $4 billion
- Approximately 85% of that target is under contract
What we did: Read our cached copy of the publisher (https://www.tradingview.com/news/zacks:0880dda1e094b:0-iren-s-nvidia-status-and-microsoft-win-time-to-buy-or-hold-the-stock/) in full (8,524 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN's NVIDIA Status and Microsoft Win: Time to Buy or Hold the Stock? - TradingView
Quote: “lifted its 2026 annualized recurring revenue target from $3.7 billion to more than $4 billion. About 85% of that target is now under contract”