IREN (NASDAQ:IREN) is targeting more than $4 billion in annualized AI cloud revenue by the end of 2026, with roughly 85% already under contract. Its latest $2.8 billion in agreements provide fresh evidence that demand is arriving before much of its capacity has even been commissioned. The opportunity looks enormous, but the stock’s valuation demands near-flawless execution.
Stock prices used were the market prices of July 25, 2026. The video was published on Aug. 6, 2026. On the date of publication, Rick Orford did not have (either directly or indirectly) positions in any of the securities mentioned in this video.
