Roth Capital Issues Optimistic Estimate for PROP Earnings

Key Points

• Roth Capital has raised its Q4 2025 earnings per share estimate for Prairie Operating to $0.88, up from a previous estimate of $0.83, while maintaining a "Buy" rating and an $8.00 target price.
• The company reported a quarterly earnings miss, posting $0.18 EPS compared to consensus estimates of $1.28 EPS, alongside significantly lower revenue than expected.
• Institutional investors have shown increasing interest, with notable investments including Wells Fargo boosting its stake by 128.0% and JPMorgan increasing its holding by 411.4%.

Prairie Operating Co. (NASDAQ:PROP - Free Report) - Analysts at Roth Capital increased their Q4 2025 EPS estimates for Prairie Operating in a research report issued to clients and investors on Tuesday, August 12th. Roth Capital analyst L. Mariani now forecasts that the company will post earnings per share of $0.88 for the quarter, up from their prior estimate of $0.83. Roth Capital has a "Buy" rating and a $8.00 price objective on the stock. The consensus estimate for Prairie Operating's current full-year earnings is ($2.13) per share. Roth Capital also issued estimates for Prairie Operating's Q2 2026 earnings at $0.79 EPS.

Prairie Operating (NASDAQ:PROP - Get Free Report) last announced its quarterly earnings data on Tuesday, August 12th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.28 by ($1.10). The business had revenue of $68.10 million for the quarter, compared to analysts' expectations of $125.50 million.

PROP has been the topic of a number of other reports. Citigroup initiated coverage on shares of Prairie Operating in a research report on Monday, June 2nd. They set a "buy" rating and a $8.00 price target on the stock. Johnson Rice initiated coverage on shares of Prairie Operating in a research report on Monday, May 12th. They set an "accumulate" rating and a $9.00 price target on the stock. Piper Sandler cut shares of Prairie Operating from an "overweight" rating to a "neutral" rating in a research report on Monday. Wall Street Zen raised shares of Prairie Operating from a "sell" rating to a "hold" rating in a research report on Saturday. Finally, KeyCorp initiated coverage on shares of Prairie Operating in a research report on Thursday, July 3rd. They set a "sector weight" rating on the stock. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, Prairie Operating has an average rating of "Moderate Buy" and an average target price of $8.50.

Prairie Operating Trading Down 9.8%

PROP stock traded down $0.27 during midday trading on Friday, reaching $2.44. The company's stock had a trading volume of 757,907 shares, compared to its average volume of 931,926. Prairie Operating has a 52 week low of $2.40 and a 52 week high of $12.30. The stock has a market cap of $122.43 million, a PE ratio of -0.81 and a beta of 2.01. The company has a quick ratio of 0.58, a current ratio of 0.60 and a debt-to-equity ratio of 4.13. The business's 50-day simple moving average is $3.52 and its 200-day simple moving average is $4.77.

Insider Buying and Selling at Prairie Operating

In related news, President Gary C. Hanna acquired 25,000 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The shares were acquired at an average cost of $3.83 per share, with a total value of $95,750.00. Following the transaction, the president owned 1,350,226 shares of the company's stock, valued at $5,171,365.58. The trade was a 1.89% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Edward Kovalik acquired 6,700 shares of the business's stock in a transaction that occurred on Friday, May 23rd. The stock was bought at an average cost of $3.74 per share, for a total transaction of $25,058.00. Following the completion of the transaction, the chief executive officer directly owned 1,339,055 shares in the company, valued at $5,008,065.70. This represents a 0.50% increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 57,340 shares of company stock worth $217,567 over the last ninety days. 15.44% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Prairie Operating

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PROP. Woodline Partners LP acquired a new position in shares of Prairie Operating during the 1st quarter worth about $3,678,000. Geode Capital Management LLC increased its stake in shares of Prairie Operating by 76.2% during the 2nd quarter. Geode Capital Management LLC now owns 661,390 shares of the company's stock worth $1,981,000 after purchasing an additional 285,934 shares during the last quarter. Hodges Capital Management Inc. acquired a new position in shares of Prairie Operating during the 1st quarter worth about $2,943,000. Marshall Wace LLP acquired a new position in shares of Prairie Operating during the 2nd quarter worth about $860,000. Finally, Rockefeller Capital Management L.P. increased its stake in shares of Prairie Operating by 22.8% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 173,151 shares of the company's stock worth $519,000 after purchasing an additional 32,145 shares during the last quarter. 34.28% of the stock is currently owned by institutional investors and hedge funds.

About Prairie Operating

Prairie Operating Co, an independent energy company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company holds assets in the Denver-Julesburg Basin in Colorado; and the Niobrara and Codell formations. Prairie Operating Co is based in Houston Texas.