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H.C. Wainwright Reiterates Buy Rating on IREN Ltd. (IREN)

Wed, 22 Jul 2026 06:03:00 -0400

H.C. Wainwright analyst Mike Colonnese reiterated a Buy rating and $90.00 price target on IREN Ltd. (NASDAQ: IREN).

The analyst commented: "Shares of IREN rallied on Monday (+19.6% vs. a roughly flat Nasdaq) after the company announced $2.8B of new multi-year AI Cloud contracts with leading AI developers and raised its YE2026 AI Cloud ARR target to more than $4B, up from $3.7B previously. Importantly, ~85% of the updated ARR target is now contracted, implying roughly $3.4B of contracted ARR at a weighted average term of approximately four years. Notably, IREN did not increase its 480 MW gross capacity target associated

Compass Point on IREN Ltd. (IREN): 'continuing to execute across data-center buildout and GPU deployment'

Tue, 21 Jul 2026 07:39:11 -0400

Compass Point analyst Michael Donovan reiterated a Buy rating and $105.00 price target on IREN Ltd. (NASDAQ: IREN).

The analyst comments "AI-native contracts lift 2026 ARR, raise visible 2027 exit ARR to $4.7B+ and improve funding efficiency. Yesterday, IREN announced $2.8B of multi-year AI Cloud contracts and raised its December 2026 exit ARR target to more than $4.0B from $3.7B, implying more than $4.7B of exit ARR following the separate NVIDIA (NVDA) contract’s approximately $700M early-2027 ramp. Approximately 85% of the 2026 target is now contracted, leaving roughly $600M to secure. Newly disclosed customers Perplexity, Figure AI and Fal AI, along

Compass Point on IREN Ltd. (IREN): 'continuing to execute across data-center buildout and GPU deployment'

Tue, 21 Jul 2026 07:39:11 -0400

Compass Point analyst Michael Donovan reiterated a Buy rating and $105.00 price target on IREN Ltd. (NASDAQ: IREN).

Compass Point on IREN Ltd. (IREN): 'continuing to execute across data-center buildout and GPU deployment'

Tue, 21 Jul 2026 07:39:11 -0400

Compass Point analyst Michael Donovan reiterated a Buy rating and $105.00 price target on IREN Ltd. (NASDAQ: IREN).

Needham on IREN Ltd. (IREN): 'Cloud Pricing Continues to Strengthen'

Tue, 21 Jul 2026 06:43:32 -0400

Needham analyst John Todaro reiterated a Hold rating on IREN Ltd. (NASDAQ: IREN).

The analyst comments "IREN signed incremental Cloud contracts with leading AI companies raising its YE26 Cloud ARR target to >$4B (from $3.7B prior), of which 85% is now under contract. New customers include leading AI labs and an unnamed major AI developer, joining tenants MSFT and NVDA on previously contracted capacity. In our call with the company, IREN indicated demand from hyperscalers, enterprises, and frontier labs continues to exceed available & planned capacity. Key Point: Cloud Contract economics are strengthening. The newest cohort of deals priced above the

Needham on IREN Ltd. (IREN): 'Cloud Pricing Continues to Strengthen'

Tue, 21 Jul 2026 06:43:32 -0400

Needham analyst John Todaro reiterated a Hold rating on IREN Ltd. (NASDAQ: IREN).

Needham on IREN Ltd. (IREN): 'Cloud Pricing Continues to Strengthen'

Tue, 21 Jul 2026 06:43:32 -0400

Needham analyst John Todaro reiterated a Hold rating on IREN Ltd. (NASDAQ: IREN).

IREN (IREN) Reiterated at Market Outperform by Citizens on Raised AI Cloud ARR Target

Tue, 21 Jul 2026 04:32:54 -0400

Citizens analyst Greg Miller reiterated a Market Outperform rating and $80.00 price target on IREN Ltd. (NASDAQ: IREN).

The analyst commented, "IREN raised its CY2026 year-end AI Cloud ARR target to more than $4.0 billion, from $3.7 billion previously, following the signing of new multi-year cloud services agreements representing $2.8 billion of total contract value. Approximately 85% of the updated ARR target is now under contract, while recent agreements include customer prepayments covering roughly 45% of associated GPU capex, reducing IREN's net funding requirements. We believe the announcement provides further evidence that deployable AI compute capacity remains scarce. Customer prepayments covering

Goldman Sachs on IREN Ltd. (IREN): 'We estimate that the newly announced contracts represent an additional ~$1 bn'

Mon, 20 Jul 2026 13:23:56 -0400

Goldman Sachs analyst Michael Ng reiterated a Neutral rating and $50.00 price target on IREN Ltd. (NASDAQ: IREN).

The analyst comments "IREN raised 2026 ARR guidance to $4bn+ after signing $2.8bn in new contracts. We estimate that the newly announced contracts represent an additional ~$1 bn in contracted revenues with an average term of ~3 years. The announcement reinforces the tight supply and favorable pricing narrative and shows incremental customer diversication with Perplexity and Figure AI (among others) as new customers, which we expect will be received favorably by investors. Separately, we update our IREN estimates to account for lower Bitcoin

Goldman Sachs on IREN Ltd. (IREN): 'We estimate that the newly announced contracts represent an additional ~$1 bn'

Mon, 20 Jul 2026 13:23:56 -0400

Goldman Sachs analyst Michael Ng reiterated a Neutral rating and $50.00 price target on IREN Ltd. (NASDAQ: IREN).

Goldman Sachs on IREN Ltd. (IREN): 'We estimate that the newly announced contracts represent an additional ~$1 bn'

Mon, 20 Jul 2026 13:23:56 -0400

Goldman Sachs analyst Michael Ng reiterated a Neutral rating and $50.00 price target on IREN Ltd. (NASDAQ: IREN).

Form 8-K IREN Ltd For: Jul 20

Mon, 20 Jul 2026 07:12:00 -0400

si-local-file:///var/storage/secattach/20260720/26786940.html

Form 8-K IREN Ltd For: Jul 20

Mon, 20 Jul 2026 07:12:00 -0400

si-local-file:///var/storage/secattach/20260720/26786940.html

IREN raises 2026 revenue target to $4bn after $2.8bn in contracts

Mon, 20 Jul 2026 07:01:24 -0400

IREN Limited (NASDAQ: IREN), a vertically integrated AI cloud provider, has raised its year-end 2026 annualized run-rate revenue (ARR) target to more than $4bn, up from a prior target of $3.7bn, according to a press release issued July 20, 2026.

The revision follows the signing of new multi-year cloud services contracts with AI developers representing $2.8bn in total contract value. Approximately 85% of the updated ARR target is now under contract. The company's customer base includes Microsoft, Nvidia, Perplexity, Figure AI, Together AI, Fluidstack, Fireworks AI, Fal AI, Hume AI, and one undisclosed AI developer.

Recent contracts include customer prepayments representing approximately

IREN raises 2026 revenue target to $4bn after $2.8bn in contracts

Mon, 20 Jul 2026 07:01:24 -0400

Recent contracts include customer prepayments representing approximately

IREN Signs $2.8bn in New Customer Contracts with Leading AI Developers, Raises 2026 ARR Target to over $4bn

Mon, 20 Jul 2026 07:00:00 -0400

NEW YORK, July 20, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced that it has raised its year-end AI Cloud annualized run-rate revenue (“ARR”)1 target from $3.7bn to more than $4bn2, of which approximately 85% is now under contract following new multi-year cloud services contracts with leading AI developers representing $2.8bn in total contract value.

IREN's customer base now includes Microsoft, NVIDIA, Perplexity, Figure AI, Together AI, Fluidstack, Fireworks AI, Fal AI, Hume AI, and a new leading AI developer, across both bare metal and managed cloud services.

IREN remains selective in

IREN Signs $2.8bn in New Customer Contracts with Leading AI Developers, Raises 2026 ARR Target to over $4bn

Mon, 20 Jul 2026 07:00:00 -0400

IREN remains selective in

IREN Signs $2.8bn in New Customer Contracts with Leading AI Developers, Raises 2026 ARR Target to over $4bn

Mon, 20 Jul 2026 07:00:00 -0400

IREN remains selective in

IREN Signs $2.8bn in New Customer Contracts with Leading AI Developers, Raises 2026 ARR Target to over $4bn

Mon, 20 Jul 2026 07:00:00 -0400

IREN remains selective in

IREN names Eric Hammersley as chief information security officer

Wed, 15 Jul 2026 07:02:59 -0400

IREN Limited (NASDAQ: IREN) has appointed Eric Hammersley as Chief Information Security Officer, according to a press release issued July 15, 2026.

Hammersley will oversee IREN's security program across its data centers, compute, and software layers. He joins from Nutanix, where he served as Vice President of Engineering and Chief Product Security Officer, with responsibility for security governance, compliance, and operational assurance across the company's software and SaaS products.

His background includes leading software product security architecture for Nvidia's high-performance computing environments, as well as senior engineering roles in the U.S. federal government and defense sector, including serving as Chief Engineer supporting

IREN names Eric Hammersley as chief information security officer

Wed, 15 Jul 2026 07:02:59 -0400

IREN Limited (NASDAQ: IREN) has appointed Eric Hammersley as Chief Information Security Officer, according to a press release issued July 15, 2026.

IREN Appoints Chief Information Security Officer

Wed, 15 Jul 2026 07:00:00 -0400

NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the appointment of Eric Hammersley as Chief Information Security Officer.

The appointment follows the recent additions of Kambiz Aghili as Chief Product Officer and Michael Nudelman as Chief Development Officer, as IREN continues to strengthen its senior leadership team and expand its AI Cloud platform across new markets and services.

As Chief Information Security Officer, Mr. Hammersley will lead IREN’s security program across all three layers of its platform: data centers, compute and software.

IREN Appoints Chief Information Security Officer

Wed, 15 Jul 2026 07:00:00 -0400

NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the appointment of Eric Hammersley as Chief Information Security Officer.

As Chief Information Security Officer, Mr. Hammersley will lead IREN’s security program across all three layers of its platform: data centers, compute and software.

IREN Appoints Chief Information Security Officer

Wed, 15 Jul 2026 07:00:00 -0400

NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the appointment of Eric Hammersley as Chief Information Security Officer.

As Chief Information Security Officer, Mr. Hammersley will lead IREN’s security program across all three layers of its platform: data centers, compute and software.

IREN Appoints Chief Information Security Officer

Wed, 15 Jul 2026 07:00:00 -0400

NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the appointment of Eric Hammersley as Chief Information Security Officer.

As Chief Information Security Officer, Mr. Hammersley will lead IREN’s security program across all three layers of its platform: data centers, compute and software.