Iren (IREN) Stock Looks Stretched With AI Hopes Already Priced In

IREN has been on a remarkable run, and the question many readers now face is whether the current share price is properly grounded in the sales the business is generating. After such a strong move, the issue is less about headlines and more about what the revenue base can realistically support. Over the past 3 years the stock has returned very roughly 13x, which puts a lot of weight on whether its current valuation can be explained by its sales profile. Recent bullish commentary around IREN's...