This Palatin Technologies Analyst Begins Coverage On A Bullish Note; Here Are Top 4 Initiations For Friday
Analysts initiated coverage: Neutral on KEEL ($2), Buy on PTN ($12), FRVO ($17) and YARW ($60).
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Cantor Fitzgerald Lowers Price Target on Keel Infrastructure Corp.
Cantor Fitzgerald has maintained an Overweight rating on Keel Infrastructure Corp. while lowering its price target from $5 to $4.
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HC Wainwright & Co. Maintains Buy on Keel Infrastructure, Lowers Price Target to $3.25
Keel Infrastructure Q3 2026 Earnings Call Transcript
Keel Infrastructure (NASDAQ:KEEL) reported third-quarter financial results on Thursday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by Benzinga
Keel Infrastructure Corp. Reports Third-Quarter 2026 Financial Results
Keel Infrastructure Corp. announced its financial results for the third quarter ended September 30, 2026, reporting a net loss of $62.7 million and revenue of $27.6 million.
Keel Infrastructure Reports Third Quarter 2026 Results
Keel Infrastructure Corp. reported Q3 2026 financial results showing revenue decline to $28M (from $68M YoY) due to deliberate cessation of Bitcoin mining operations to focus on HPC/AI infrastructure development. The company commenced construction at Moses Lake, expected to generate HPC revenue in 2027, and advanced permitting at Sharon and Panther Creek sites. With $780M in liquidity and no immediate financing needs, Keel is negotiating leases with multiple creditworthy parties across three near-term sites.
Keel Infrastructure CEO Discusses Challenges of Transitioning to AI Data Centers
Keel Infrastructure CEO Ben Gagnon reports that the company has yet to sign customer contracts for its new data centers as it navigates a volatile market transition from Bitcoin mining.