1G·

Irish after yesterday's news!

Despite yesterday's further dilution, analysts at least seem positive about the future of $IREN (-7,48%)

H.C. Wainwright has left the rating for IREN Ltd (NASDAQ: IREN) to 'buy'. The price target is $80,000

Prior to this rating 11 analyst(s) rated IREN Ltd as 'Buy' and 2 as 'Hold'. There was 1 Sell recommendation.

Analyst consensus estimates and price targets for IREN Ltd can be found at hier. For more news on IREN Ltd hier.

The share price of IREN Ltd ended the official trading session at a closing price of $43.84. The stock's performance was minus -2.450% in the last month and plus 475.330% in the last 12 months.

According to Investing Pro the Fair Value of IREN Ltd is $25.573. This corresponds to a downside risk of 71.430%. InvestingPro rates the uncertainty surrounding IREN Ltd's fair value as "high".

www.investing.comInvesting.com Mobile Apps for Android & iOS

23 Commenti

investment_wizard_2286@investment_wizard_2286

I am beginning to have my doubts. I don't see the type of financing and the dilution of the shares as positive.

•

Michey777@Michey777

@investment_wizard_2286 I would basically agree with you, but of course no existing investor will find this positive. Now, of course, you have to ask what this dilution entails. Is it 1 or 2 billion per new major order? What is the % structure of the total financing of FC / equity and front up? We don't know that at the moment, which makes it impossible to make a forecast. And to be honest, it must be clear to every existing investor that this growth will never work without dilution (i.e. through equity and front up alone). At least not under good conditions. The private credit market is currently not willing to take too many risks (they already have them)

•

Olli@Olli68

@Michey777 They have already diluted the number of shares under the old ATM program by over 11% in January/February 2026 alone.
Yesterday's new ATM program is for another $6 billion.
These are not small dilutions. That's very aggressive.

•

Michey777@Michey777

@Olli68 still says nothing about the number of deals with which this dilution is associated. Let's say there are 3 deals of 9 bn each = 27 bn. 6 bn equity remaining equity and upfront payment. Converters are left out this time. Would that be fine? And now imagine Microsoft subscribing to the 6 bn as an anchor - that would be even better.
What I would like to say again (and I can understand your criticism of the financing structure) is that this is a kind of "global limit". Only a proper underpinning of contracts can make it possible to assess whether something is too expensive.
Everything else is 🔮

•

Olli@Olli68

@Michey777 Exactly. It's too much of a crystal ball in my eyes. That's why I got out after the Microsoft deal when the ATM moves became more and more aggressive. It's been 6 months since then and another deal hasn't even been hinted at. It's all too uncertain and vague for me. That's also what's been weighing on the share price for months.
I also wonder when they will have to buy new generations of chips? After 3 years? After 10 years? Probably already, if they are still paying off the old chips.
There's no end in sight for me. That's why the gas ball is pretty good.
And I personally once lost quite a lot of money when I invested with hope and faith. And when ATM measures were the order of the day. That's why I'm quite sensitive about this 😉

•

Michey777@Michey777

@Olli68 yes 👍 everything is understandable. Then it's just not an industry you want to invest in (except for hyperscalers), which fortunately is what makes the stock market:) All your concerns are certainly justified, for my part I have a different case and therefore everything is fine for me

•

Basti92@BavarianLion

I will wait until the share rises by 2% and then sell at +- zero! There are other risk stocks that are more attractive in my eyes!

•

Chris@Multibagger

@BavarianLion Which ones do you have in mind?

•

Basti92@BavarianLion

@Multibagger I have my eye on $ASPI and $LAES! That's enough, I have a clear limit; no more than 4 "Zocks" in the portfolio! Total capital 15k!
You know my portfolio, I'm not really that risk-averse (apart from the tech overweight, but for me these are solid companies with a future like Microsoft or Amazon)

•

Chris@Multibagger

@BavarianLion OK, I already have that too. Thought you had discovered another pearl I didn't know about😉

•

Basti92@BavarianLion

@Multibagger I'm not that deep into this sector as I tend to focus on the big players 😉 But I actually have 10 stocks saved on my laptop that I think are still very unknown! I'll post them tonight! You can have a look at them if you feel like it! 👍

•

Chris@Multibagger

@BavarianLion would be great. Because they will certainly do better in my depot than on your laptop😂

•

MR.Bean@Bizzle

@Multibagger Is $LAES a buy for you at the moment?

••

Chris@Multibagger

@Bizzle I think so, but I'm only holding my position at the moment.

••

Alfred@Alfred16

@BavarianLion which ones would that be ? maybe I'll think about something then too .

•

Basti92@BavarianLion

@Alfred16 Take a look at my profile, the post from today! You can see the shares there! 😀

•

Topher321@Topher321

And how do you assess the situation Chris? @Multibagger

•

Chris@Multibagger

@Topher321 positive, you have to get away from the idea that such massive growth as a result of a complete realignment of the business area from a boring miner to an operator of data centers, the growth market par excellence, can take place without massive investment. And how are they supposed to do this if not by issuing new shares?

•

Olli@Olli68

A question for the tech experts: How long is the useful life before they need newer generation chips again to keep up with the hyperscalers? After all, the loans have a long term.
I have the feeling that the dilution through ever new shares is not a temporary thing, but will never stop.
Unfortunately, I'm a lefty in this industry.

••

TD@Routine123

Hard to tell, but I am pretty sure we are reaching area where this will be sufficient for ongoing operations for years. The gap between quality of results and performance is narrowing, and should switch to energy efficiency, just like its case with cpus these days. In each case of atleast 4 years should be on table.

••

Aktienfox@Aktienfox

@Olli68 the effectiveness rate is 3-5 years, but in the current hype 5-7 year old chips are also used which are not so profitable as there is a huge shortage. How the future will develop in chips is uncertain would write off to 3-5 years

•

Max@MaxtheCat

@Aktienfox Correct. And in the case of the latter, more towards 5, rather than 3 years.

••

Aktienfox@Aktienfox

@MaxtheCat yes three as a bearish/conservative thesis

••