Keel Infrastructure Corp. (KEEL) Stock Price & Analysis

Keel Infrastructure Corp. (KEEL) closed at USD 2.31 on Thursday, October 29, 2026, down 4.94% on the day. The US market is currently closed (after-hours); this is not a live price.

The prior close was USD 2.43; the Oct 29, 2026 session ranged USD 2.25–2.38 on volume of 20,142,083 shares. Market capitalization is $1.43B, with a 52-week range of USD 1.68–7.37 (NGM). Source: Nexqual, retrieved October 29, 2026 at 22:51 UTC.

Also available as compact Markdown for AI agents: nexqual.com/KEEL.md

Key facts (KEEL)

• Last four reported quarters (through Jun 30, 2026): revenue $176M, net income -$271M (-154.2% margin) (SEC filings).
• Insider open-market purchases, last ~7 months: 4 Form 4 filings, $526K; 0 by opportunistic insiders, 0 by routine insiders.
• Analysts: Buy (mean 2.00 on a 1–5 scale) (11 analysts), mean target USD 6.23 (range 4–10).
• Total return with dividends: 1Y -43.1% vs S&P 500 +14.4%; 5Y -54.9% vs S&P 500 +79.1%.
• Next earnings: 2026-11-05, EPS estimate USD -0.12, revenue estimate $20.0M. All companies reporting that day: https://nexqual.com/earnings/2026-11-05
• Dividend: KEEL paid no cash dividend in the last five years.
• Short interest: 19.03% of float (as of 2026-10-15), 3.8 days to cover.

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (KEEL)

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (KEEL)

P/S 8.1x · P/B 4.3x · FCF yield -22.91% · Earnings yield -19.02%

Insider purchases (SEC Form 4, open-market, last ~7 months) (KEEL)

4 purchases, $526K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (KEEL)

Consensus Buy (mean 2.00 on a 1–5 scale), 11 analysts; mean target USD 6.23 (low 4, high 10).

Rating changes, last 120 days:

Total return (dividends reinvested) (KEEL)

Dividends (KEEL)

KEEL paid no cash dividend in the last five years.

Short interest (KEEL)

115,503,749 shares sold short, 19.03% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 109,865,632 shares (+5.1%). Days to cover: 3.8 (short shares ÷ average daily volume).

KEEL earnings history and stock reaction

EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

KEEL recent SEC filings (last 120 days)

Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.

KEEL revenue by product line (quarter ended Jun 30, 2026)

KEEL revenue by region (quarter ended Jun 30, 2026)

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

KEEL suppliers, customers and competitors (named in its 10-K)

Quoted from the company's 10-K filed Mar 31, 2026.

KEEL company outlook (results filed Aug 10, 2026)

• “Bitcoin mining operations in preparation for HPC site construction. • Advanced the Sherbrooke, QC data center project with an agreement with Hydro-Sherbrooke for the conditional transfer and operation of 96 MW of existing capacity, as well as a purchase agreement for a parcel of land on which to develop the data center.”

Quoted word-for-word from the SEC 8-K results press release.

KEEL analyst estimates and revisions

KEEL options: expected move

Options price a move of about ±18.4% (±$0.41) by Nov 6, 2026, which includes earnings on Nov 5, 2026. Over the last 2 reports the stock moved ±8.9% on average.

30-day implied volatility 106.4% vs 75.7% realized over the last 30 trading days. Put/call ratio (volume) 0.13. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 29, 2026 at 22:51 UTC)

Technical Analysis (KEEL)

Nexqual's technical model rates KEEL "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 29, 2026 at 22:51 UTC.

Analyst Ratings (KEEL)

Wall Street analysts rate KEEL "Buy" based on 11 analysts, with a mean price target of USD 6.23 (range USD 4–10), per Nexqual as of October 29, 2026 at 22:51 UTC.

Earnings (KEEL)

Recent Earnings History

Source: Nexqual, October 29, 2026 at 22:51 UTC.

Financials & Fundamentals (KEEL)

Source: Nexqual, October 29, 2026 at 22:51 UTC.

Financial Health Score (KEEL)

Nexqual rates Keel Infrastructure Corp.'s overall financial health "Weak" across five dimensions, as of October 29, 2026 at 22:51 UTC.

Ownership (KEEL)

Source: Nexqual, October 29, 2026 at 22:51 UTC.

Leadership (KEEL)

Keel Infrastructure Corp. is led by Benjamin J. Gagnon, Chief Executive Officer, per Nexqual as of October 29, 2026 at 22:51 UTC.

Major Backers & Investors (KEEL)

Notable institutional backers of Keel Infrastructure Corp. include Situational Awareness LP , Monarch Alternative Capital, LP, Jane Street Group, LLC, according to Nexqual as of October 29, 2026 at 22:51 UTC.

Active Investors

Index Funds (Passive)

Source: Nexqual, October 29, 2026 at 22:51 UTC.

From Keel Infrastructure Corp.'s Latest SEC 10-K Filing (filed 2026-03-31)

Key Strengths & Strategy (as disclosed to the SEC)

• We operate in a complex and rapidly evolving regulatory environment and we are subject to a wide range of laws and regulations enacted by federal, state, provincial, and local governments, governmental agencies, and regulatory authorities, including the SEC, the Commodity Futures Trading Commission ("CFTC"), the Federal Trade Commission, and the Financial Crimes Enforcement Network of the U.S.
• Currently our Infrastructure Assets are deployed to operate ASIC miners, contributing hashrate to Mining Pools under Full Pay Per Share ("FPPS") arrangements, with fees paid daily in Bitcoin.
• Our Infrastructure Assets represent a 2.2 GW power capacity pipeline, comprising 648 MW of secured capacity and 1,513 MW of planned capacity in development, located across our U.S.
• Currently, our Infrastructure Assets are deployed to support our Bitcoin Mining activities.

Partnerships

• We have committed $129 million for critical equipment and building materials through a turnkey agreement with Vertiv.
• The Macquarie Credit Facility provided up to $300 million for HPC data center development at Panther Creek, secured by Panther Creek assets.

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 22:51 UTC. This page is informational and not investment advice.

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