---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42826441.md"
description: "$IREN(IREN.US) | Needham 𝐫𝐞𝐢𝐭𝐞𝐫𝐚𝐭𝐞𝐬 𝐇𝐨𝐥𝐝 on 𝐈𝐫𝐢𝐬 𝐄𝐧𝐞𝐫𝐠𝐲Analyst notes IREN's new Cloud contracts with major AI firms, which strengthen economics and increase its YE26 Cloud ARR target to over $4B."
datetime: "2026-07-21T10:55:54.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42826441.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42826441.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42826441.md)
author: "[Hardik Shah](https://longbridge.com/en/profiles/27423834.md)"
---

# $IREN(IREN.US) | Needham 𝐫𝐞𝐢𝐭𝐞𝐫𝐚𝐭𝐞𝐬 𝐇𝐨…


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