HC Wainwright Issues Pessimistic Outlook for KEEL Earnings

Keel Infrastructure (NASDAQ:KEEL) – HC Wainwright reduced their Q3 2026 earnings estimates for Keel Infrastructure in a research note issued on Tuesday, August 11th. HC Wainwright analyst M. Colonnese now expects that the company will earn ($0.08) per share for the quarter, down from their previous forecast of ($0.07). HC Wainwright has a “Buy” rating and a $5.50 price target on the stock. The consensus estimate for Keel Infrastructure’s current full-year earnings is ($0.40) per share. HC Wainwright also issued estimates for Keel Infrastructure’s FY2026 earnings at ($0.43) EPS, Q1 2027 earnings at ($0.07) EPS, Q2 2027 earnings at ($0.08) EPS, Q3 2027 earnings at ($0.07) EPS and Q4 2027 earnings at ($0.07) EPS.

Keel Infrastructure (NASDAQ:KEEL) last announced its quarterly earnings data on Monday, August 10th. The company reported ($0.11) EPS for the quarter. Keel Infrastructure had a negative net margin of 239.71% and a negative return on equity of 51.97%. The firm had revenue of $30.43 million for the quarter. During the same period in the prior year, the company posted ($0.05) EPS.

A number of other equities research analysts have also weighed in on KEEL. Alliance Global Partners restated a “buy” rating on shares of Keel Infrastructure in a research report on Monday, May 11th. Citigroup reiterated a “buy” rating on shares of Keel Infrastructure in a research report on Monday. Weiss Ratings reissued a “sell (d-)” rating on shares of Keel Infrastructure in a research note on Monday, July 13th. Lake Street Capital set a $5.50 price target on Keel Infrastructure in a report on Monday, May 11th. Finally, BTIG Research initiated coverage on Keel Infrastructure in a research note on Wednesday, July 22nd. They issued a “buy” rating and a $8.00 price objective for the company. Seven analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $6.25.

Keel Infrastructure Stock Performance

Shares of NASDAQ:KEEL opened at $3.55 on Thursday. Keel Infrastructure has a 52-week low of $1.18 and a 52-week high of $7.37. The firm has a market capitalization of $2.19 billion, a P/E ratio of -25.36 and a beta of 4.14. The company has a quick ratio of 9.43, a current ratio of 9.60 and a debt-to-equity ratio of 1.37. The business’s fifty day moving average is $4.85.

Institutional Trading of Keel Infrastructure

A hedge fund recently bought a new position in Keel Infrastructure stock. Compass Financial Management LLC bought a new position in shares of Keel Infrastructure (NASDAQ:KEEL) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 60,659 shares of the company’s stock, valued at approximately $348,000. 20.59% of the stock is owned by institutional investors and hedge funds.

More Keel Infrastructure News

Here are the key news stories impacting Keel Infrastructure this week:

• Positive Sentiment: Keel said development is progressing at priority sites in Moses Lake, Sharon and Panther Creek, with infrastructure timelines becoming clearer and lease discussions advancing with prospective tenants. Potential customer agreements and future data-center revenue are key catalysts. Keel Infrastructure Rises as Investors Focus on Q2 Site Progress, Tenant Talks, and Liquidity
• Positive Sentiment: The company reported approximately $819 million of liquidity as of August 7, including cash and bitcoin holdings. The sizable balance sheet gives Keel additional flexibility to fund site development while it negotiates leases. Keel Shuts All Bitcoin Mining With $819M Ready for AI Pivot
• Positive Sentiment: HC Wainwright reiterated a “Buy” rating and a $5.50 price target, while forecasting improving losses in 2027, including a full-year EPS loss of $0.30. Northland Securities also raised its Q4 2026 forecast to a $0.10 profit, although it reduced its full-year outlook.
• Neutral Sentiment: Keel has decommissioned all U.S. bitcoin-mining sites to repurpose them for AI and HPC workloads. The strategy could unlock greater long-term value, but it also increases execution risk because lease conversions and power availability remain unresolved. Keel Infrastructure Shuts US Bitcoin Mining Sites In Shift Toward AI Data Centers
• Negative Sentiment: Near-term financial results remain weak. Keel reported a quarterly loss, declining revenue and a wider operating loss, while HC Wainwright lowered its Q3 2026 EPS estimate to a $0.08 loss and Northland cut its FY2026 forecast to a $0.40 loss.

Keel Infrastructure Company Profile

Bitfarms Ltd. is a bitcoin mining company. It provides vertically integrated mining operations with onsite technical repair, proprietary data analytics and Company-owned electrical engineering and installation services to deliver operational performance and uptime. Bitfarms Ltd. is based in TORONTO, Ontario.