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IREN

IREN Ltd

OPPORTUNISTIC BUY Analysis generated 2026-10-04 Market data as of 2026-11-13 Market data 2 days old USD 18.17 Financial Services - Financial - Capital Markets
ACTIONABLEMethodology gates passed
59

Position levels

Currenttoday
USD 18.17
Buy <=wait / entry
-
Trim >=take some off
-
Thesis breaknot set
-

Scenario-weighted conviction

ProbabilityScoreContribution
Bull case25%100 / 10025.0
Base case51%62 / 10031.6
Bear case24%10 / 1002.4
Weighted conviction59 / 100 - OPPORTUNISTIC BUY

Top risks

  • Signed $2.8bn in new customer contracts with leading AI developers and raised 2026 ARR target to over $4bn
  • Completed acquisition of Mirantis
  • Delivered Horizon 1 to Microsoft and achieved NVIDIA Exemplar Cloud Status on GB300 NVL72
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Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.

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