Maxim Group Equities Analysts Cut Earnings Estimates for DRK

DarkHorse Technologies (NASDAQ:DRK) – Investment analysts at Maxim Group cut their FY2026 earnings per share estimates for DarkHorse Technologies in a research report issued on Wednesday, November 11th. Maxim Group analyst A. Klee now expects that the company will post earnings of ($3.83) per share for the year, down from their previous estimate of ($3.01). Maxim Group has a “Strong-Buy” rating on the stock. The consensus estimate for DarkHorse Technologies’ current full-year earnings is ($3.01) per share. Maxim Group also issued estimates for DarkHorse Technologies’ Q4 2026 earnings at ($0.33) EPS, Q1 2027 earnings at ($0.32) EPS, Q2 2027 earnings at ($0.33) EPS, Q3 2027 earnings at ($0.33) EPS, Q4 2027 earnings at ($0.43) EPS, FY2027 earnings at ($1.42) EPS, Q1 2028 earnings at ($1.34) EPS, Q2 2028 earnings at ($1.32) EPS, Q3 2028 earnings at ($1.18) EPS, FY2028 earnings at ($4.01) EPS and FY2029 earnings at ($0.97) EPS.

A number of other research firms have also recently issued reports on DRK. Weiss Ratings began coverage on shares of DarkHorse Technologies in a research report on Wednesday, October 21st. They set a “sell (d-)” rating for the company. Zacks Research upgraded shares of DarkHorse Technologies to a “hold” rating in a research report on Friday, October 23rd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, DarkHorse Technologies presently has an average rating of “Hold” and an average target price of $6.00.

DarkHorse Technologies Price Performance

DRK opened at $1.66 on Friday. DarkHorse Technologies has a 1-year low of $1.08 and a 1-year high of $6.20.

Key Stories Impacting DarkHorse Technologies

Here are a few of the latest stories about DRK:

• Positive Sentiment: Maxim Group raised its EPS estimates for FY2027 to a loss of $1.42 from $1.78 and for FY2028 to a loss of $4.01 from $5.10. It also reduced projected losses for several quarters from Q4 2026 through Q3 2028, and for FY2029 to $0.97 from $1.32. The analyst maintained a “Strong-Buy” rating. These revisions indicate expectations for smaller losses than previously forecast across much of the outlook. DarkHorse Technologies on MarketBeat
• Negative Sentiment: Maxim lowered its FY2026 EPS estimate to a loss of $3.83 from $3.01, implying a deeper expected loss this year. This tempers the more favorable longer-term revisions. DarkHorse Technologies on MarketBeat

DarkHorse Technologies Company Profile

Sphere 3D Corp. focuses on operating as a carbon neutral bitcoin mining company. It also provides data management solutions through hybrid cloud, cloud, and on-premises implementations directly and through its reseller network and professional services organization. Its products portfolio includes HVE-STACK high density server, which provides computer and storage appliance for the data centers; HVE-VELOCITY, a high availability dual enclosure storage area network that offers reliability and integrity for optimal data storage, protection, and recovery; HVE 3DGFX, a virtual desktop infrastructure solution; HVE STAGE, a server virtualization platform; and HVE VAULT, an appliance designed to handle requirements for backup and replication storage.