Keel Infrastructure (NASDAQ:KEEL) Stock Gets Price Target Cut from HC Wainwright

Key Points

• HC Wainwright cut its price target on Keel Infrastructure from $4.00 to $3.25 but maintained a Buy rating; the new target implies 100% upside from the previous close.
• Analyst sentiment remains broadly positive: eight analysts rate the stock Buy and one Sell, giving it a Moderate Buy consensus and an average price target of $5.89.
• Keel reported a third-quarter loss of $0.10 per share, wider than analysts’ expected $0.07 loss, on revenue of $27.6 million. Shares fell to $1.62 in Thursday trading, near their 12-month low.

Keel Infrastructure (NASDAQ:KEEL - Get Free Report) had its price target lowered by equities researchers at HC Wainwright from $4.00 to $3.25 in a note issued to investors on Thursday, Benzinga reports. The firm presently has a "buy" rating on the stock. HC Wainwright's price objective points to a potential upside of 100.00% from the company's previous close.

Several other equities research analysts have also recently weighed in on the stock. Cantor Fitzgerald reduced their price target on shares of Keel Infrastructure from $5.00 to $4.00 and set an "overweight" rating on the stock in a research report on Friday, October 16th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Keel Infrastructure in a research report on Friday, October 9th. BTIG Research assumed coverage on shares of Keel Infrastructure in a research note on Wednesday, July 22nd. They issued a "buy" rating and a $8.00 price objective for the company. B. Riley Financial dropped their price objective on shares of Keel Infrastructure from $6.00 to $5.00 and set a "buy" rating for the company in a research note on Friday, October 30th. Finally, Citigroup restated a "buy" rating on shares of Keel Infrastructure in a report on Monday, August 10th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $5.89.

Keel Infrastructure Price Performance

NASDAQ KEEL traded down $0.47 during trading on Thursday, hitting $1.62. 34,879,912 shares of the stock traded hands, compared to its average volume of 37,195,512. The company has a market capitalization of $1.00 billion, a P/E ratio of -5.42 and a beta of 4.10. The firm has a 50-day simple moving average of $3.10 and a 200-day simple moving average of $3.90. The company has a quick ratio of 16.10, a current ratio of 16.26 and a debt-to-equity ratio of 3.11. Keel Infrastructure has a 12-month low of $1.63 and a 12-month high of $7.37.

Keel Infrastructure (NASDAQ:KEEL - Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.03). The firm had revenue of $27.60 million for the quarter. Keel Infrastructure had a negative return on equity of 66.18% and a negative net margin of 230.59%. During the same quarter last year, the business earned ($0.02) earnings per share. As a group, analysts predict that Keel Infrastructure will post -0.41 EPS for the current year.

Insider Activity at Keel Infrastructure

In related news, COO Liam Wilson bought 30,769 shares of the business's stock in a transaction dated Thursday, August 20th. The shares were purchased at an average price of $3.25 per share, with a total value of $99,999.25. Following the transaction, the chief operating officer owned 100,978 shares in the company, valued at $328,178.50. This trade represents a 43.82% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Benjamin Gagnon bought 38,888 shares of the business's stock in a transaction dated Friday, August 21st. The shares were bought at an average cost of $3.33 per share, for a total transaction of $129,497.04. Following the transaction, the chief executive officer owned 1,386,624 shares in the company, valued at approximately $4,617,457.92. The trade was a 2.89% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought a total of 128,545 shares of company stock valued at $425,593 over the last ninety days. Corporate insiders own 9.50% of the company's stock.

Institutional Trading of Keel Infrastructure

A number of institutional investors have recently bought and sold shares of KEEL. Situational Awareness LP bought a new position in Keel Infrastructure during the 2nd quarter valued at about $151,831,000. State Street Corp purchased a new stake in Keel Infrastructure in the 2nd quarter worth about $78,100,000. Bank of New York Mellon Corp purchased a new stake in Keel Infrastructure in the 2nd quarter worth about $9,989,000. Tidal Investments LLC purchased a new stake in Keel Infrastructure in the 2nd quarter worth about $3,213,000. Finally, FirstWave Capital Management LLC bought a new stake in Keel Infrastructure in the second quarter worth about $1,478,000. 20.59% of the stock is currently owned by institutional investors.

Trending Headlines about Keel Infrastructure

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

• Positive Sentiment: Keel said it made progress on permitting and commercialization and advanced lease negotiations at three near-term sites, providing signs of movement on its AI data center plans. Keel Infrastructure Reports Third Quarter 2026 Results
• Neutral Sentiment: The company sold 2,520 BTC for $192 million in the third quarter as it shifts toward AI data center operations. The sale marks a major change in strategic focus, though the reports do not specify how the proceeds will be deployed. Keel sells BTC and shifts to AI data center operations
• Negative Sentiment: Keel reported a third-quarter loss of $0.10 per share, wider than the $0.07 loss analysts expected and compared with a $0.02 loss a year earlier. Revenue was $27.6 million; the earnings miss and continued losses weigh on the near-term outlook. Keel Q3 earnings flash

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.

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