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DarkHorse Technologies (DRK) AI Stock Analysis
DarkHorse Technologies
(NASDAQ:DRK)
The score is held down primarily by weak financial performance—contracting revenue, sharply compressed margins, large losses, and ongoing cash burn—partly offset by low leverage. Technicals also pressure the score as the stock trades below key moving averages with negative MACD, despite oversold momentum readings. Valuation provides limited support because the company is loss-making (negative P/E) and no dividend yield is available.
DarkHorse Technologies Key Performance Indicators (KPIs)
DarkHorse Technologies (DRK) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $16.15M
- Dividend Yield
- ―
- Average Volume (3M)
- 339.98K
- Price to Earnings (P/E)
- -0.0
- Beta (1Y)
- 0.55
- Revenue Growth
- -10.31%
- EPS Growth
- -40.19%
- Country
- US
- Employees
- 4
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Information Technology Services
DarkHorse Technologies Business Overview & Revenue Model
Company Description
DarkHorse Technologies Inc., formerly Sphere 3D Corp., is a digital infrastructure company that operates bitcoin mining and data center capacity in the United States and is pursuing artificial intelligence and high-performance computing hosting oppor...
DarkHorse Technologies Financial Statement Overview
Summary
Weak operating profile: TTM revenue (~$9.7M) is contracting, gross margin fell sharply to ~6.4%, and profitability is deeply negative (TTM net margin ~-332%, net income -$32.3M). Cash generation is also poor with negative TTM operating cash flow (~-$15.2M) and free cash flow (~-$21.5M). A partial offset is low leverage (TTM debt ~$1.3M; debt-to-equity ~0.08), but equity has eroded materially over time, reducing financial flexibility.
Income Statement
18Very NegativeBalance Sheet
54NeutralCash Flow
22NegativeDarkHorse Technologies Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DRK, the sentiment is Negative. The current price of 1.85 is below the 20-day moving average (MA) of 2.13, below the 50-day MA of 2.46, and below the 200-day MA of 2.15, indicating a bearish trend. The MACD of -0.20 indicates Positive momentum. The RSI at 35.68 is Neutral, neither overbought nor oversold. The STOCH value of 17.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DRK.
DarkHorse Technologies Risk Analysis
DarkHorse Technologies disclosed 60 risk factors in its most recent earnings report. DarkHorse Technologies reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
3 New RisksDarkHorse Technologies Peers Comparison
Overall Rating
CXAI49Neutral
CREX42.2Neutral
CSAI42Neutral- DRK41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| CXAI | 49Neutral | $3.16M | -0.04 | -135.04% | ― | -20.40% | 32.15% |
| CREX | 42Neutral | $28.41M | -1.02 | -64.11% | ― | 49.99% | -1697.78% |
| CSAI | 42Neutral | $2.00M | -0.17 | -138.21% | ― | 117.68% | -0.39% |
| DRK | 41Neutral | $18.30M | -0.04 | -148.42% | ― | -10.31% | -40.19% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| DRK | Darkhorse Technologies Inc. | 1.85 | -4.04 | -68.55% | |
| CREX | Creative Realities | 2.16 | -0.84 | -28.00% | |
| CXAI | Cxapp Inc. | 1.48 | -30.86 | -95.42% | |
| SPPL | Simpple Ltd. | 2.46 | -3.09 | -55.73% | |
| ORKT | Orangekloud Technology Inc. Class A | 0.96 | -0.26 | -21.31% | |
| CSAI | Cloudastructure, Inc. Class A | 2.38 | -54.32 | -95.80% |
DarkHorse Technologies Corporate Events
DarkHorse Technologies completes rebrand, shifts to AI infrastructure
PositiveOn September 16, 2026, Sphere 3D Corp. completed its continuance from Ontario to British Columbia, adopted new governing documents under the BCBCA and formally rebranded as DarkHorse Technologies Inc., with its Nasdaq‑listed common shares trans...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 16, 2026