HC Wainwright Issues Pessimistic Forecast for Keel Infrastructure (NASDAQ:KEEL) Stock Price

Keel Infrastructure (NASDAQ:KEEL) had its target price reduced by equities research analysts at HC Wainwright from $4.00 to $3.25 in a report released on Thursday, Benzinga reports. The firm presently has a “buy” rating on the stock. HC Wainwright‘s price objective would indicate a potential upside of 100.00% from the company’s current price.

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

Keel Infrastructure Trading Down 22.6%

Keel Infrastructure stock traded down $0.47 during mid-day trading on Thursday, hitting $1.62. The company’s stock had a trading volume of 34,879,912 shares, compared to its average volume of 37,195,512. The company has a 50 day moving average of $3.10 and a 200-day moving average of $3.90. The stock has a market cap of $1.00 billion, a PE ratio of -5.42 and a beta of 4.10. The company has a debt-to-equity ratio of 3.11, a quick ratio of 16.10 and a current ratio of 16.26. Keel Infrastructure has a one year low of $1.63 and a one year high of $7.37.

Keel Infrastructure (NASDAQ:KEEL) last released its earnings results on Thursday, November 5th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.03). Keel Infrastructure had a negative return on equity of 66.18% and a negative net margin of 230.59%. The business had revenue of $27.60 million during the quarter. During the same quarter last year, the firm posted ($0.02) EPS. On average, research analysts anticipate that Keel Infrastructure will post -0.41 EPS for the current year.

Insider Buying and Selling at Keel Infrastructure

In other news, CEO Benjamin Gagnon bought 58,888 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was acquired at an average cost of $3.33 per share, with a total value of $196,097.04. Following the transaction, the chief executive officer directly owned 1,347,736 shares in the company, valued at approximately $4,487,960.88. This trade represents a 4.57% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Liam Wilson bought 30,769 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were purchased at an average cost of $3.25 per share, with a total value of $99,999.25. Following the completion of the transaction, the chief operating officer owned 100,978 shares in the company, valued at $328,178.50. This represents a 43.82% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 128,545 shares of company stock worth $425,593 over the last 90 days. 9.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Keel Infrastructure

Institutional investors have recently made changes to their positions in the company. Situational Awareness LP bought a new stake in shares of Keel Infrastructure in the second quarter valued at about $151,831,000. State Street Corp purchased a new stake in Keel Infrastructure in the second quarter worth about $78,100,000. Bank of New York Mellon Corp bought a new position in Keel Infrastructure during the 2nd quarter worth about $9,989,000. Tidal Investments LLC bought a new position in Keel Infrastructure during the 2nd quarter worth about $3,213,000. Finally, FirstWave Capital Management LLC bought a new position in Keel Infrastructure during the 2nd quarter worth about $1,478,000. Hedge funds and other institutional investors own 20.59% of the company’s stock.

Key Headlines Impacting 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

About Keel Infrastructure

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.