Weak Earnings Outlook

Earnings expectations remain weak. Consensus estimates project full‑year earnings of –$3.19 per share and revenue of $643.48 million, a decline of 549 % in EPS and 16.03 % in revenue versus the previous year. The upcoming quarterly EPS is forecast at –$0.29, down 137.18 % from the prior year. Analyst sentiment is mixed: a Zacks Rank of #3 (Hold) is supported by a strong‑buy bias in 12 of 15 brokerage recommendations (average brokerage recommendation 1.40), yet Zacks highlights that the consensus estimate has not improved in a month. KBW acknowledges risks from bitcoin‑mining economics, potential equity dilution, and the company’s AI/HPC strategy.