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DarkHorse Technologies (DRK)
NASDAQ:DRK
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DarkHorse Technologies (DRK) Price & Analysis

716 Followers

DRK Stock Chart & Stats

$2.41
$0.04(2.09%)
At close: 4:00 PM EDT
$2.41
$0.04(2.09%)

Bulls Say, Bears Say

Bulls Say
Cash BalanceSphere's revaluation of investments and some conversion to cash bolstered cash balance to complement the operating improvement.
Expense ManagementThe star of the show was expense management, where SG&A declined roughly $1M sequentially, and gross mining margin ticked up primarily on the elimination of poorer performing hosting partners.
ProfitabilityThe 8MW power deal offers a rate almost half of Sphere's hosting agreements, boosting profitability and moving the company toward cash generation.
Bears Say
Leadership InstabilityThe unexpected loss of CEO Patti Trumpeter is seen as a significant setback for Sphere 3D Corp, potentially causing some instability in the company's leadership.
Revenue MissSphere 3D reported its June quarter figures with bitcoin mining sourced revenue of $3.0M, missing the $3.3M estimate.

DRK FAQ

What was DarkHorse Technologies’s price range in the past 12 months?
DarkHorse Technologies lowest stock price was $1.08 and its highest was $12.60 in the past 12 months.
    What is DarkHorse Technologies’s market cap?
    DarkHorse Technologies’s market cap is $24.20M.
      When is DarkHorse Technologies’s upcoming earnings report date?
      DarkHorse Technologies’s upcoming earnings report date is Nov 16, 2026 which is in 60 days.
        How were DarkHorse Technologies’s earnings last quarter?
        Currently, no data Available
        Is DarkHorse Technologies overvalued?
        According to Wall Street analysts DarkHorse Technologies’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does DarkHorse Technologies pay dividends?
          DarkHorse Technologies does not currently pay dividends.
          What is DarkHorse Technologies’s EPS estimate?
          DarkHorse Technologies’s EPS estimate for its next earnings report is not yet available.
          How many shares outstanding does DarkHorse Technologies have?
          DarkHorse Technologies has 8,704,816 shares outstanding.
            What happened to DarkHorse Technologies’s price movement after its last earnings report?
            Currently, no data Available
            Which hedge fund is a major shareholder of DarkHorse Technologies?
            Currently, no hedge funds are holding shares in DRK
            What is the TipRanks Smart Score and how is it calculated?
            Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

              Company Description

              DarkHorse Technologies

              Sphere 3D Corp. is a bitcoin mining company. The firm is engaged in growing its digital asset mining operation through the capital-efficient procurement of next-generation mining equipment and partnering with data center operators. Its bitcoin mining business segment involves acquiring computer servers, which operate application-specific integrated circuit chips designed specifically to mine bitcoin, and deploy, such miners at-scale utilizing its hosting agreements. The company was founded on May 2, 2007 and is headquartered in Stamford, CT.
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              Ownership Overview

              24.10%0.51%1.51%73.83%
              24.10% Insiders
              1.51% Other Institutional Investors
              73.83% Public Companies and
              Individual Investors
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