MARKET WIRE NEWS

IREN: Major ARR Uplift Incoming

Source: SeekingAlpha

2026-02-18 10:10:26 ET

IREN ( IREN ) exceeded bottom-line estimates for Q2’26 earlier this month, but the AI infrastructure company missed on revenue, leading to a sell-off from which shares have not yet recovered. IREN executed well its growth plans and is on track to deploy 140,000 GPUs by the end of the year, including the latest Blackwell chips, and the pivot from Bitcoin mining to AI Cloud services is in full swing....

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IREN: Major ARR Uplift Incoming
Iris Energy Limited

NASDAQ: IREN

IREN Trading

-1.19% G/L:

$41.0401 Last:

16,485,586 Volume:

$40.76 Open:

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IREN Stock Data

$14,264,796,842
316,995,485
10.56%
185
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