Q3 EPS Forecast for Prairie Operating Increased by Analyst

Key Points

• Roth Capital has raised its earnings per share (EPS) estimate for Prairie Operating Co. (NASDAQ:PROP) for Q3 2025 to $0.89, increasing from the previous estimate of $0.82, while maintaining a "Buy" rating and $8.00 price target.
• The company reported disappointing Q2 earnings results with an EPS of $0.18, significantly missing the consensus estimate of $1.28, and a revenue of $68.10 million compared to expectations of $125.50 million.
• Insider activity shows CEO Edward Kovalik and President Gary C. Hanna both purchasing additional shares, indicating their confidence in the company's future performance.

Prairie Operating Co. (NASDAQ:PROP - Free Report) - Research analysts at Roth Capital lifted their Q3 2025 earnings estimates for Prairie Operating in a note issued to investors on Tuesday, August 12th. Roth Capital analyst L. Mariani now expects that the company will post earnings per share of $0.89 for the quarter, up from their previous estimate of $0.82. Roth Capital has a "Buy" rating and a $8.00 price target 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 Q1 2026 earnings at $0.78 EPS, Q3 2026 earnings at $0.96 EPS, Q4 2026 earnings at $1.02 EPS and FY2026 earnings at $3.55 EPS.

PROP has been the subject of several other research reports. Citigroup started coverage on shares of Prairie Operating in a research report on Monday, June 2nd. They set a "buy" rating and a $8.00 price objective for the company. Piper Sandler lowered their price objective on shares of Prairie Operating from $10.00 to $9.00 and set an "overweight" rating for the company in a research report on Thursday, July 17th. KeyCorp started coverage on shares of Prairie Operating in a research report on Thursday, July 3rd. They set a "sector weight" rating for the company. Johnson Rice started coverage on shares of Prairie Operating in a research report on Monday, May 12th. They set an "accumulate" rating and a $9.00 price objective for the company. Finally, Wall Street Zen upgraded shares of Prairie Operating from a "sell" rating to a "hold" rating in a research report on Saturday. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $8.50.

Prairie Operating Price Performance

PROP stock traded up $0.23 during trading on Thursday, hitting $2.75. 2,534,627 shares of the company's stock traded hands, compared to its average volume of 2,426,328. Prairie Operating has a 52 week low of $2.40 and a 52 week high of $12.30. The company has a debt-to-equity ratio of 4.13, a quick ratio of 0.56 and a current ratio of 0.60. The business has a fifty day simple moving average of $3.55 and a 200 day simple moving average of $4.84. The stock has a market capitalization of $138.27 million, a price-to-earnings ratio of -0.92 and a beta of 2.01.

Prairie Operating (NASDAQ:PROP - Get Free Report) last posted its earnings results on Tuesday, August 12th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($1.10). The company had revenue of $68.10 million for the quarter, compared to the consensus estimate of $125.50 million.

Insider Activity

In other news, CEO Edward Kovalik bought 6,700 shares of the stock in a transaction dated Friday, May 23rd. The stock was purchased at an average price of $3.74 per share, for a total transaction of $25,058.00. Following the acquisition, the chief executive officer owned 1,339,055 shares of the company's stock, valued at $5,008,065.70. The trade was a 0.50% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Gary C. Hanna bought 25,000 shares of the stock in a transaction dated Tuesday, May 27th. The stock was purchased at an average price of $3.83 per share, with a total value of $95,750.00. Following the acquisition, the president directly owned 1,350,226 shares in the company, valued at approximately $5,171,365.58. The trade was a 1.89% increase in their position. The disclosure for this purchase can be found here. Insiders bought a total of 57,340 shares of company stock valued at $217,567 in the last 90 days. Company insiders own 15.44% of the company's stock.

Institutional Investors Weigh In On Prairie Operating

Institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC increased its stake in Prairie Operating by 105.5% in the 4th quarter. Geode Capital Management LLC now owns 250,614 shares of the company's stock worth $1,734,000 after buying an additional 128,648 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Prairie Operating by 1,043.2% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,265 shares of the company's stock worth $189,000 after buying an additional 24,880 shares during the period. Northern Trust Corp increased its stake in Prairie Operating by 92.6% in the 4th quarter. Northern Trust Corp now owns 62,884 shares of the company's stock worth $435,000 after buying an additional 30,242 shares during the period. Wells Fargo & Company MN increased its stake in Prairie Operating by 128.0% in the 4th quarter. Wells Fargo & Company MN now owns 4,376 shares of the company's stock worth $30,000 after buying an additional 2,457 shares during the period. Finally, Nuveen Asset Management LLC purchased a new position in Prairie Operating during the 4th quarter valued at about $97,000. Institutional investors own 34.28% of the company's stock.

Prairie Operating Company Profile

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.