Keel Infrastructure (NASDAQ:KEEL) Stock Price Target Cut by HC Wainwright

Keel Infrastructure (NASDAQ:KEEL) had its target price decreased by analysts at HC Wainwright from $4.00 to $3.25 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has a “buy” rating on the stock. HC Wainwright‘s price target would indicate a potential upside of 73.80% from the company’s previous close.

Several other analysts have also recently commented on KEEL. Citigroup reissued a “buy” rating on shares of Keel Infrastructure in a report on Monday, August 10th. Cantor Fitzgerald dropped their price objective on Keel Infrastructure from $5.00 to $4.00 and set an “overweight” rating on the stock in a report on Friday, October 16th. B. Riley Financial cut their price objective on Keel Infrastructure from $6.00 to $5.00 and set a “buy” rating for the company in a research report on Friday, October 30th. Weiss Ratings reissued a “sell (d-)” rating on shares of Keel Infrastructure in a report on Friday, October 9th. Finally, BTIG Research started coverage on shares of Keel Infrastructure in a research report on Wednesday, July 22nd. They set a “buy” rating and a $8.00 target price on the stock. Eight investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Keel Infrastructure has an average rating of “Moderate Buy” and a consensus target price of $5.41.

Keel Infrastructure Stock Performance

NASDAQ KEEL traded up $0.22 during trading hours on Thursday, hitting $1.87. 33,282,706 shares of the stock were exchanged, compared to its average volume of 27,610,934. The company has a market cap of $1.16 billion, a price-to-earnings ratio of -6.23 and a beta of 4.10. Keel Infrastructure has a 12-month low of $1.60 and a 12-month high of $7.37. The stock has a 50-day moving average of $3.03 and a 200 day moving average of $3.87. The company has a quick ratio of 16.10, a current ratio of 16.26 and a debt-to-equity ratio of 3.11.

Keel Infrastructure (NASDAQ:KEEL) last announced its quarterly earnings data 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 net margin of 230.59% and a negative return on equity of 66.18%. The business had revenue of $27.60 million during the quarter. During the same quarter in the previous year, the company earned ($0.02) earnings per share. As a group, equities research analysts forecast that Keel Infrastructure will post -0.41 earnings per share for the current year.

Insider Transactions at Keel Infrastructure

In other news, COO Liam Wilson purchased 30,769 shares of the firm’s stock in a transaction dated Thursday, August 20th. The shares were acquired at an average price of $3.25 per share, with a total value of $99,999.25. Following the purchase, the chief operating officer directly owned 100,978 shares of the company’s stock, valued at $328,178.50. The trade was a 43.82% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Benjamin Gagnon purchased 58,888 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was purchased at an average price of $3.33 per share, for a total transaction of $196,097.04. Following the acquisition, the chief executive officer owned 1,347,736 shares in the company, valued at approximately $4,487,960.88. This trade represents a 4.57% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders acquired 128,545 shares of company stock valued at $425,593. 9.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Keel Infrastructure

Several large investors have recently bought and sold shares of the company. ACT Capital Partners L.P. purchased a new position in shares of Keel Infrastructure in the third quarter valued at $263,000. Moors & Cabot Inc. purchased a new stake in shares of Keel Infrastructure in the 3rd quarter worth about $585,000. Turn8 Private Wealth Inc. acquired a new stake in Keel Infrastructure in the 3rd quarter valued at about $282,000. M Holdings Securities Inc. acquired a new stake in Keel Infrastructure in the 3rd quarter valued at about $210,000. Finally, Chicago Partners Investment Group LLC purchased a new position in Keel Infrastructure during the 3rd quarter valued at about $719,000. Institutional investors and hedge funds own 20.59% of the company’s stock.

Keel Infrastructure News Summary

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

• Neutral Sentiment: Keel said it is advancing AI data-center projects and lease negotiations at three near-term sites. It expects the Sharon and Panther Creek substations to be energized in 2027, with high-performance computing revenue also targeted for 2027. Keel Infrastructure Q3 results
• Neutral Sentiment: The company sold all 2,520 bitcoin held in its treasury during Q3 for about $192 million, providing funds for its transition from bitcoin mining to AI infrastructure while also ending its direct BTC exposure. Keel sells its bitcoin treasury
• Negative Sentiment: Q3 adjusted results disappointed: Keel lost $0.10 per share versus analysts’ expected loss of $0.07, while revenue was $27.6 million and was reported lower year over year. The company’s loss also widened from the prior-year quarter. Keel Q3 loss widens
• Negative Sentiment: Management cited leasing delays, Pennsylvania permitting and financing as key hurdles; it has not yet secured data-center leases, and an expansion load-study update was pushed to Q1 2027. These delays could postpone commercialization and revenue from the AI pivot. Q3 call highlights leasing delays and AI expansion
• Negative Sentiment: Analysts lowered their price targets: Chardan cut its target to $3.75 from $4.50, while HC Wainwright reduced its target to $3.25 from $4.00. Both retained Buy ratings, but the cuts signal reduced near-term expectations. Chardan lowers Keel price target

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.