IREN says $4 billion in annualized revenue delayed at customer request; stock rises on new deal
The neocloud said some revenue is shifting from 2026 to early next year, while a new cloud-computing deal and investment-grade counterparties helped lift the stock after a steep selloff.
Read at CNBC →Full coverage · 15 outlets
- CNBC · lead
- MarketWatchHere’s what’s driving Iren’s stock higher after a brutal selloff
- The Tech BuzzIREN Delays $4B Revenue as Stock Craters on Customer Timing
- ReutersIREN tops quarterly revenue estimates, delays some Microsoft AI infrastructure deliveries
- Business InsiderIREN says Microsoft changes delayed its $9.7 billion AI data center project in Texas
- TheEnergyMagIREN AI Cloud Revenue Triples to $200M as $4B ARR Target Slips to 2027
- Stock TitanAI Chip Renter IREN Gets Twice the Price on New Deals for Older Nvidia Chips
- UA.NEWSIREN delays more than $4bn in annual recurring revenue until at least January - CNBC
- MarketBeatIREN Q1 2027 Earnings Results and Report
- GlobeNewswireIREN Reports FY26 Results
- Yahoo FinanceIREN Has $4B of Contracted ARR, but Only $1B Is Operating. How Much Will Reach GAAP Revenue?
- TradingViewNebius vs. IREN: Which AI Infrastructure Stock is the Better Buy?
- Blockspace MediaIREN AI Cloud revenue hits $200 million as $4 billion ARR target moves to January
- Seeking AlphaIREN: $4 Billion Of Contracted ARR Changes The Story (NASDAQ:IREN)
- NorthwiseIREN Stock Forecast 2030: AI Cloud Valuation Model