jain.com

Year-end 2026 AI cloud annualized revenue run-rate target

Company: IREN

Subject kind
guidance
Statement date
2026-07-20
Promised by
2026-12-31
Promised amount
4000.0 USD
Current status
stated

The claim, verbatim

IREN raised its year-end 2026 AI cloud annualized run-rate revenue target to more than $4 billion with approximately 85% already under contract

Source (primary)

AI Data Center Stocks Rally: Why CRWV, NBIS, IREN and APLD Are Surging Together - MEXC (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “the company raised its year-end AI cloud annualized run-rate revenue target from $3.7 billion to more than $4 billion”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms AI Data Center Stocks Rally: Why CRWV, NBIS, IREN and APLD Are Surging Together - MEXC

Quote: “the company raised its year-end AI cloud annualized run-rate revenue target from $3.7 billion to more than $4 billion”

View cached copy (2026-08-31)Live source ↗