QM · rank #4 · 2026-07-22
IREN
NASDAQ · $13.93B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +443.17% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +7.7% |
| Profit margin Net profit margin, trailing 12 months. | +20.9% |
| Market cap (USD) Size filter: > $500M required. | $13.93B |
| Anchor (recent) Close on 2026-06-22 | $56.87 |
| Anchor (far) Close on 2025-06-20 | $10.47 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
IREN Ltd is a vertically integrated bitcoin miner and AI cloud builder operating renewable-powered data centers in Australia and Canada, with mining scale around 50 EH/s and an emerging GPU cloud business.
Rationale
The name screens well for quality_momentum because it combines very strong 12-month price momentum with positive profitability metrics, including a 7.7% ROE and 20.9% profit margin, while still operating at a mid-cap scale that can sustain re-rating.
Material risks
- 1The biggest thesis breaker is bitcoin exposure: a sharp drop in BTC price or mining economics compression from network difficulty and energy costs would quickly erode the earnings base that is driving the momentum.
- 2The AI cloud leg lacks durable revenue visibility and faces hyperscale competition, so any slowdown in GPU demand or customer in-sourcing could compress growth expectations and sentiment.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.