DarkHorse Technologies Inc. (DRK)
| Market Cap | 20.72M +1.6% |
| Revenue (ttm) | 9.71M -10.3% |
| Net Income | -32.30M |
| EPS | -8.72 |
| Shares Out | 10.57M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 74,940 |
| Open | 1.970 |
| Previous Close | 1.930 |
| Day's Range | 1.910 - 1.990 |
| 52-Week Range | 1.084 - 8.373 |
| Beta | 3.35 |
| Analysts | Buy |
| Price Target | 5.50 (+180.61%) |
| Est. Earnings | Nov 6, 2026 |
About DRK
DarkHorse Technologies Inc. operates as a digital infrastructure company. It focuses on operating and expanding power and data center assets for computing, AI workloads, and digital asset infrastructure. The company was formerly known as Sphere 3D Corp. and changed its name to DarkHorse Technologies Inc. in September 2026. DarkHorse Technologies Inc. is based in Stamford, Connecticut.
Financial Performance
In 2025, DarkHorse Technologies's revenue was $11.18 million, a decrease of -32.68% compared to the previous year's $16.61 million. Losses were -$21.48 million, 126.8% more than in 2024.
Financial StatementsAnalyst Summary
According to 2 analysts, the average rating for DRK stock is "Buy." The 12-month stock price target is $5.5, which is an increase of 180.61% from the latest price.
News
Maxim starts DarkHorse Technologies at Buy, sees expansion opportunities
As previously reported, Maxim analyst Allen Klee initiated coverage of DarkHorse Technologies (DRK) with a Buy rating and $6 price target The firm expects the company’s transition from Bitcoin mining…
DarkHorse Technologies initiated with a Buy at Maxim
Maxim analyst Allen Klee initiated coverage of DarkHorse Technologies (DRK) with a Buy rating and $6 price target
DarkHorse Technologies registers to sell 3.33M common shares for holders
This filing relates to the offer and sale from time to time by the selling stockholders of up to 3.33M common shares. The company is not selling any shares under…
DarkHorse to Participate in the 2026 Maxim Growth Summit
Wilmington, Delaware--(Newsfile Corp. - October 8, 2026) - DarkHorse Technologies Inc. (Nasdaq: DRK) (the "Company" or "DarkHorse") today announced that Chief Executive Officer Joel Block is scheduled...
Simple Mining Acquires Sphere 3D Bitcoin Mining Site in Iowa, Growing Platform to Nearly 160 MW
Approximately 8 MW facility supports about 2,200 latest-generation miners CEDAR FALLS, Iowa, Oct. 7, 2026 /PRNewswire/ -- Simple Mining, a Bitcoin mining hosting and infrastructure company, today anno...
DarkHorse Signs New 50 MW Power Contract, Doubling Contracted Capacity to Approximately 100 MW in the TVA Region
New superintelligence factory planned in Hopkinsville, Kentucky; DarkHorse-funded 65 MW substation on TVA's 161 kV system will be owned by HES and strengthen service for Hopkinsville residents Wilming...
DarkHorse Technologies initiated with a Buy at Jones
Jones initiated coverage of DarkHorse Technologies (DRK) with a Buy rating and $5 price target
Sphere 3D Completes Rebrand as DarkHorse Technologies Inc., Marking Next Phase of Power-First AI Infrastructure Strategy
Stamford, Connecticut--(Newsfile Corp. - September 16, 2026) - DarkHorse Technologies Inc. (Nasdaq: ANY), formerly Sphere 3D Corp. (the "Company"), today announced that its corporate name change has b...
Bitcoin and crypto stocks remain down after US senate fails to advance regulatory bill
Bitcoin and crypto-related stocks remained lower on Tuesday after the U.S. Senate failed to advance comprehensive cryptocurrency legislation in a major blow for digital asset companies and Re...
Sphere 3D Corp. Concludes 90-Day Strategic Review, Announces Pricing of $5.0 Million Private Placement, and Divests Non-Core Assets to Fund AI and High-Performance Computing Development
Three Directors, Including the Board Chairman and Chief Executive Officer, are participating in the Private Placement; Sale of Non-Core Iowa Site and Legacy Mining Fleet to Fund AI and High-Performanc...
Sphere 3D Corp. Announces Shareholder Approval of Name Change to DarkHorse Technologies Inc.
Shareholders Approve Rebrand Reflecting Company's Strategic Direction in AI and High-Performance Computing Infrastructure Stamford, Connecticut--(Newsfile Corp. - August 24, 2026) - Sphere 3D Corp. (N...
Sphere 3D Provides Business Update and Reports Second Quarter 2026 Financial Results
Combined Company Positioned for Its Next Phase of Growth Through Power-Ready Infrastructure Modular AI and HPC Development, Disciplined Asset Monetization and an Expanding Pipeline Stamford, Connectic...
Sphere 3D Corp. Adopts Limited-Duration Shareholder Rights Agreement
Stamford, Connecticut--(Newsfile Corp. - August 10, 2026) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere" or the "Company") announces today that its board of directors (the "Board") has approved the adoptio...
Sphere 3D Advances AI Infrastructure Strategy with New Investor Relations and Government Relations Partners
Orange Group Advisors to Lead Investor Relations; Laine Communications and White Oak Strategies to Support Government Affairs and Regulatory Engagement Across the Company's TVA-Region Footprint Stamfo...
Sphere 3D Corp. Announces Proposed Name Change to DarkHorse Technologies Inc. and Reserves Nasdaq Ticker "DRK," Subject to Shareholder Approval
New Name Reflects Strategic Approach: Building Modular AI Infrastructure at Sites the Conventional Pipeline Overlooks Stamford, Connecticut--(Newsfile Corp. - June 30, 2026) - Sphere 3D Corp. (NASDAQ:...
Sphere 3D Enters 30 MW Co-Mining Agreements with Bitdeer, Monetizing Power Assets While Advancing AI Infrastructure Evaluation
The agreements place capacity under contract while preserving flexibility for future digital infrastructure opportunities Stamford, Connecticut--(Newsfile Corp. - June 25, 2026) - Sphere 3D Corp. (NAS...
Sphere 3D Engages EA Advisors LLC as Strategic Advisory Firm for AI and High-Performance Compute Initiatives
Stamford, Connecticut--(Newsfile Corp. - June 10, 2026) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company") today announced the engagement of EA Advisors LLC ("EA Advisors") as a strategic ...
Sphere 3D to Present at Architecting Tomorrow: The AI Data Center Summit Presented by Maxim Group LLC
Stamford, Connecticut--(Newsfile Corp. - June 8, 2026) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company") today announced that it will participate in Architecting Tomorrow: The AI Data Cen...
Sphere 3D and Cathedra Bitcoin Announce Closing of Business Combination
Combination creates a scaled data infrastructure platform with 53megawatts of operating capacity and a 100mw+ expansion pipeline; Combined company retains Sphere 3D's name and US listing (NASDAQ:ANY) ...
Cathedra Bitcoin Receives Final Court Approval for Sphere 3D Combination; Transaction Expected to Close June 1, 2026
Toronto, Ontario--(Newsfile Corp. - May 26, 2026) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) (the "Company" or "Cathedra"), further to the Company's news releases dated March 5, 2026, May 4, ...
Sphere 3D Receives Shareholder Approval Related to Cathedra Combination; Combined Company to Operate Power Infrastructure Across the TVA Region and Iowa
STAMFORD, CT / ACCESS Newswire / May 21, 2026 / Sphere 3D Corp. (NASDAQ:ANY) ("Sphere 3D"), a Bitcoin mining company today announced that shareholders have approved various proposals related to its bu...
Sphere 3D Reports First Quarter 2026 Financial Results
Sphere 3D Advances Mining Efficiency Initiatives and Strategic Growth Plans Stamford, Connecticut--(Newsfile Corp. - May 15, 2026) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a Bit...
Sphere 3D and Cathedra Advance Proposed Combination to Establish Power-Optimized Digital Infrastructure Platform
STAMFORD, CT AND TORONTO, ON / ACCESS Newswire / May 7, 2026 / Sphere 3D Corp. (NASDAQ:ANY) ("Sphere 3D") and Cathedra Bitcoin Inc. ("Cathedra") today provided an update regarding their previously ann...
Cathedra Bitcoin Announces Business Updates
Toronto, Ontario--(Newsfile Corp. - April 8, 2026) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) (the "Company" or "Cathedra"), a developer and operator of power and digital infrastructure asset...
Sphere 3D Reports Fiscal Year 2025 Financial Results
Stamford, Connecticut--(Newsfile Corp. - March 6, 2026) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a Bitcoin mining company, today reported financial results for its fiscal year e...