Keel Infrastructure (NASDAQ:KEEL) Issues Earnings Results

Keel Infrastructure (NASDAQ:KEEL) released its quarterly earnings data on Monday. The company reported ($0.11) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $30.43 million during the quarter. Keel Infrastructure had a negative return on equity of 51.97% and a negative net margin of 239.71%.During the same quarter last year, the firm posted ($0.05) earnings per share.

Keel Infrastructure Price Performance

Shares of NASDAQ KEEL opened at $3.29 on Wednesday. The company has a current ratio of 9.60, a quick ratio of 9.43 and a debt-to-equity ratio of 1.37. The company has a market capitalization of $2.03 billion, a P/E ratio of -23.50 and a beta of 4.14. Keel Infrastructure has a 1 year low of $1.17 and a 1 year high of $7.37. The stock has a 50-day moving average price of $4.90.

Key Headlines Impacting Keel Infrastructure

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

• Positive Sentiment: Keel has completed the shutdown of its U.S. Bitcoin-mining operations and is repurposing power-rich sites for AI and HPC workloads. Management views AI as a substantially larger opportunity than Bitcoin, potentially improving the company’s long-term growth profile. Keel Infrastructure Shuts US Bitcoin Mining Sites In Shift Toward AI Data Centers
• Positive Sentiment: The company reported approximately $819 million in liquidity, providing funding for data-center development while it transitions away from cryptocurrency mining. It is also pursuing power availability and leasing discussions at Moses Lake, Sharon and Panther Creek, with the first fully commissioned Moses Lake data center targeted for 2027. KEEL Q2 Earnings Call Highlights 2027 Power and Leasing Push
• Positive Sentiment: HC Wainwright maintained a “Buy” rating and assigned a $5.50 price target. Northland Securities also raised its fourth-quarter 2026 EPS forecast to $0.10 from a projected loss of $0.06, suggesting potential profitability late in the year.
• Neutral Sentiment: The AI/HPC opportunity remains dependent on permits, expansion work and securing tenants. Analysts said the three-site buildout is still gated by these execution milestones, making the strategy promising but unproven. KEEL’s three-site AI Buildout Remains Gated by Permits and Tenant Talks
• Negative Sentiment: Second-quarter revenue fell roughly 50% year over year to $30.43 million, while Keel posted an $0.11-per-share loss and a $141 million operating loss. Lower Bitcoin prices and the closure of the Moses Lake mining operation pressured results, and the loss included $84 million of non-cash depreciation. Keel Shuts US Bitcoin Mining Operations as Q2 Revenue Falls 50%
• Negative Sentiment: Northland cut its Q3 2026 EPS estimate to a $0.09 loss from a $0.06 loss and reduced its full-year 2026 forecast to a $0.40 loss from a $0.27 loss. Continued operating losses and the uncertain timing of AI revenue are weighing on near-term sentiment.

Institutional Investors Weigh In On Keel Infrastructure

A hedge fund recently bought a new position in Keel Infrastructure stock. Bank of New York Mellon Corp purchased a new position in shares of Keel Infrastructure (NASDAQ:KEEL) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,740,330 shares of the company’s stock, valued at approximately $9,989,000. Bank of New York Mellon Corp owned about 0.28% of Keel Infrastructure as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 20.59% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on KEEL shares. Citizens Jmp initiated coverage on shares of Keel Infrastructure in a research note on Wednesday, June 24th. They issued an “outperform” rating and a $10.00 price objective for the company. BTIG Research started coverage on Keel Infrastructure in a report on Wednesday, July 22nd. They issued a “buy” rating and a $8.00 target price for the company. Chardan Capital restated a “buy” rating and set a $5.50 price target on shares of Keel Infrastructure in a report on Monday, June 8th. Alliance Global Partners restated a “buy” rating on shares of Keel Infrastructure in a research report on Monday, May 11th. Finally, Lake Street Capital set a $5.50 price objective on shares of Keel Infrastructure in a research note on Monday, May 11th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $6.25.

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.