IREN's Trump Card: How Federal Policy Could Unlock Massive Value in AI Infrastructure

Zdend

Invested

Community Contributor

Published

25 Sep 25

Updated

23 Jan 26

Views

807

n/a

Zdend's Fair Value

n/a

292.3%

-9.6%

292.3%

-9.6%

You can edit this narrative until Jan 24 3:03 AM. Then, changes will post as Updates.

Author's Valuation

US$7227.4% undervalued

Zdend's Fair Value

Narrative

Updates1

Shared on 23 Jan 26

Fair value Increased 26%

From Policy Play to AI Infrastructure Powerhouse

In September 2025, the investment thesis for IREN centered on a "celestial convergence" of federal policy and data center permitting. As of January 2026, that thesis has moved from regulatory speculation to massive-scale execution.

Zdend'sFair Value

US$72

27.4% undervalued

Future estimation in

Growth p.a.

Decrease

Increase

Current revenue growth rate

38.76%

Software revenue growth rate

1.33%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

8.08%

Calculation

US$950.89m

Earnings '29

35.00x

PE Ratio '29

US$33.28b

Market Cap '29

US$33.28b

Market Cap '29

347.26m

No. shares '29

US$95.84

Share Price '29

US$95.84 Share Price '29

Discounted to 2026 @ 10.00% p.a.

US$72.01

Fair Value '26