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IREN

IREN Ltd

SPECULATIVE BUY 2026-08-08 Data 35 days old USD 41.23 Financial Services - Financial - Capital MarketsAWAIT ENTRY
ACTIONABLEMethodology gates passed
42

Position levels

Currenttoday
USD 41.23
Buy <=wait / entry
USD 29.67
Trim >=take some off
USD 45.00
Thesis breakMaterial cancellation, non-renewal, or material renegotiation of the disclosed N...
-

Scenario-weighted conviction

ProbabilityScoreContribution
Bull case7%100 / 1007.0
Base case50%62 / 10031.0
Bear case43%10 / 1004.3
Weighted conviction42 / 100 - SPECULATIVE BUY

Top risks

  • NVIDIA and IREN Press Release dated May 7, 2026
  • $625 million Mirantis acquisition to add software layer
  • Q3 FY26 EPS miss of -$0.33 vs -$0.24 estimate
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Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.