Iren Announces $2.8 Billion Contracts and Raises 2026 Revenue Target

Shares of AI cloud infrastructure provider Iren (IREN) rose about 10% premarket after the company announced it signed $2.8 billion in contracts, raising its annualized run-rate revenue target for 2026 to over $4 billion.

By Ravikash Bakolia, SA News Editor · Seeking Alpha · July 20, 2026, 11:37 UTC

Iren Announces $2.8 Billion Contracts and Raises 2026 Revenue Target

Tickers: $IREN

Topics: contract_signing revenue_guidance

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