AI cloud revenue target for 2026
Company: IREN
The claim, verbatim
IREN raised its year-end annualized AI cloud revenue target to $4 billion, up from $3.7 billion previously
Source (primary)
IREN Stock Extends Rally After $2.8B AI Contracts Disclosure: Goldman Sachs Lauds Customer Diversification, Keeps ‘Neutral’ Rating - Stocktwits (-, news_article)
View cached copy (2026-09-06)Live source ↗Archive.org ↗
Quote: “raised its year-end annualized run-rate revenue target for its AI cloud business to $4 billion, up from $3.7 billion previously”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document confirms the target was raised to $4 billion from $3.7 billion.
Confirmed in the source:
- IREN raised its year-end annualized AI cloud revenue target to $4 billion
- The prior target was $3.7 billion
What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/iren-stock-extends-rally-after-2-8-b-ai-contracts-disclosure-goldman-sachs-lauds-customer-diversification-keeps-neutral-rating/cZZSGjTR7HV) in full (5,252 characters, retrieved September 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Stock Extends Rally After $2.8B AI Contracts Disclosure: Goldman Sachs Lauds Customer Diversification, Keeps ‘Neutral’ Rating - Stocktwits
Quote: “raised its year-end annualized run-rate revenue target for its AI cloud business to $4 billion, up from $3.7 billion previously”