FY2026 EPS Forecast for Prairie Operating Reduced by Analyst

Prairie Operating Co. (NASDAQ:PROP) – Stock analysts at Roth Capital reduced their FY2026 earnings estimates for Prairie Operating in a research report issued on Tuesday, October 14th. Roth Capital analyst L. Mariani now forecasts that the company will post earnings per share of $2.87 for the year, down from their previous forecast of $3.31. The consensus estimate for Prairie Operating’s current full-year earnings is ($2.13) per share.

Several other equities analysts have also issued reports on PROP. KeyCorp assumed coverage on shares of Prairie Operating in a report on Thursday, July 3rd. They set a “sector weight” rating for the company. Wall Street Zen upgraded shares of Prairie Operating from a “sell” rating to a “hold” rating in a report on Saturday, August 16th. Piper Sandler downgraded shares of Prairie Operating from an “overweight” rating to a “neutral” rating in a research report on Monday, August 18th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Prairie Operating in a research report on Tuesday. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Prairie Operating presently has a consensus rating of “Hold” and a consensus target price of $8.50.

Prairie Operating Stock Performance

Shares of PROP opened at $1.76 on Friday. The company has a 50-day simple moving average of $2.20 and a two-hundred day simple moving average of $3.29. Prairie Operating has a one year low of $1.64 and a one year high of $10.58. The firm has a market capitalization of $88.49 million, a PE ratio of -0.59 and a beta of 2.12. The company has a debt-to-equity ratio of 4.13, a current ratio of 0.60 and a quick ratio of 0.58.

Prairie Operating (NASDAQ:PROP) last issued its quarterly earnings data on Tuesday, August 12th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $1.28 by ($1.10). The business had revenue of $68.10 million for the quarter, compared to analyst estimates of $125.50 million.

Institutional Investors Weigh In On Prairie Operating

A number of large investors have recently added to or reduced their stakes in the stock. Navigation Wealth Management Inc. grew its position in Prairie Operating by 13.6% in the 2nd quarter. Navigation Wealth Management Inc. now owns 25,007 shares of the company’s stock worth $75,000 after purchasing an additional 3,000 shares during the period. Bank of New York Mellon Corp grew its position in shares of Prairie Operating by 30.6% during the 1st quarter. Bank of New York Mellon Corp now owns 14,741 shares of the company’s stock valued at $79,000 after acquiring an additional 3,453 shares during the period. Bank of America Corp DE grew its position in shares of Prairie Operating by 203.8% during the 2nd quarter. Bank of America Corp DE now owns 9,812 shares of the company’s stock valued at $29,000 after acquiring an additional 6,582 shares during the period. FNY Investment Advisers LLC grew its position in shares of Prairie Operating by 92.2% during the 2nd quarter. FNY Investment Advisers LLC now owns 15,376 shares of the company’s stock valued at $46,000 after acquiring an additional 7,376 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of Prairie Operating by 411.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,740 shares of the company’s stock valued at $32,000 after acquiring an additional 8,640 shares during the period. Institutional investors own 34.28% of the company’s stock.

Insider Buying and Selling

In related news, Director Jonathan H. Gray bought 89,000 shares of the business’s stock in a transaction on Friday, September 5th. The stock was acquired at an average price of $2.11 per share, with a total value of $187,790.00. Following the transaction, the director owned 675,817 shares in the company, valued at approximately $1,425,973.87. This trade represents a 15.17% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Over the last ninety days, insiders have purchased 442,480 shares of company stock valued at $937,103. Insiders own 15.44% of the company’s stock.

About Prairie Operating

Prairie Operating Co, an independent energy company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company holds assets in the Denver-Julesburg Basin in Colorado; and the Niobrara and Codell formations. Prairie Operating Co is based in Houston Texas.