BTIG reiterates its Buy rating and $80 price forecast on IREN Limited (NASDAQ: IREN) stock, pointing to new multi-year AI cloud deals and rising 2027 capacity contracting.

IREN shares are in the spotlight, with earnings ahead, growth metrics in focus and a technical setup repairing after a recent death cross.

IREN Ltd. (NASDAQ: IREN) shares are climbing Thursday as investors position ahead of its Q4 results, due after today's market close.