Reddit’s Most Popular Stock Trades at 19x Sales After 3,568% EBITDA Jump

Shares of IREN (NASDAQ:IREN) are trading astatine $47.9, extending an awesome 17% summation implicit the past week. The banal present commands the highest societal sentiment people crossed each tracked equities, registering 85 retired of 100 connected Reddit arsenic of December 7. That puts IREN 18.6 points up of the second-place stock, Alphabet (NASDAQ:GOOGL), which scored 66.4.

IREN treatment connected Reddit reached elevated levels implicit the December 6-7 weekend, with enactment scores peaking astatine 44 and remaining supra 30 crossed 8 consecutive periods. The sentiment information shows concentrated treatment astir the Microsoft AI Cloud contract, the company's profitability transformation, and its GPU deployment plans. The attraction of treatment wrong r/stocks, alternatively than dispersed crossed promotional subreddits, signals genuine assemblage involvement successful the stock's fundamentals. One r/stocks idiosyncratic noted: "IREN conscionable announced a landmark concern with Microsoft for AI Cloud services. This is simply a $9.7B declaration that could make $3.4B successful annualized gross by extremity of 2026. The institution besides swung to profitability with $384.6M successful nett income vs a $51.7M nonaccomplishment past year."

This infographic highlights IREN's starring societal sentiment people and cardinal catalysts, including a important Microsoft AI declaration and beardown profitability, contributing to its affirmative expert outlook.

Retail enthusiasm centers connected 3 catalysts:

• IREN secured a $9.7 cardinal AI Cloud declaration with Microsoft, targeting $3.4 cardinal successful annualized run-rate gross by the extremity of 2026

• The institution swung from a $51.7 cardinal nonaccomplishment successful Q1 2025 to $384.6 cardinal successful nett income for Q1 2026, with adjusted EBITDA surging 3,568% year-over-year to $91.7 million

• Plans to deploy 140,000 GPUs crossed renewable-rich information centers presumption IREN arsenic a vertically integrated AI infrastructure play

CEO Daniel Roberts described the Microsoft concern arsenic "landmark" during the November 6 net call, emphasizing the company's enlargement into hyperscale lawsuit segments. Despite missing gross estimates by $5.5 cardinal astatine $240.3 million, the profitability translation and guardant guidance drove the bullish assemblage response.