QM · rank #12 · 2026-07-24
IREN
NASDAQ · $14.50B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +335.88% |
|---|---|
| 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. | $14.50B |
| Anchor (recent) Close on 2026-06-24 | $50.30 |
| Anchor (far) Close on 2025-06-24 | $11.54 |
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 data-center and power-infrastructure operator shifting from bitcoin mining into AI cloud infrastructure with large NVIDIA GPU deployments and multi-year hyperscale contracts.
Rationale
The strong 12-1 momentum combined with positive ROE and healthy profit margin suggests the market is rewarding IREN’s improving quality profile and credible AI revenue ramp story.
Material risks
- 1The $9.7 billion Microsoft AI cloud contract is a critical concentration point and any renegotiation, under-delivery, or customer pullback would directly weaken the moat and revenue visibility.
- 2IREN still faces execution and capital-intensity risk in energizing multi-gigawatt capacity and deploying tens of thousands of GPUs, where delays or overruns could pressure returns and sentiment.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.