Prairie Operating (NASDAQ:PROP) Downgraded by Wall Street Zen to Sell

Posted by Andrew Walz on May 17th, 2026

Wall Street Zen lowered shares of Prairie Operating (NASDAQ:PROP – Free Report) from a hold rating to a sell rating in a research report report published on Saturday morning.

Other analysts also recently issued reports about the company. William Blair set a $3.50 price objective on Prairie Operating in a report on Tuesday, March 3rd. Zacks Research downgraded Prairie Operating from a “hold” rating to a “strong sell” rating in a report on Thursday, March 5th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $5.38.

Read Our Latest Report on PROP

Prairie Operating Stock Down 15.3%

NASDAQ:PROP opened at $0.86 on Friday. Prairie Operating has a twelve month low of $0.84 and a twelve month high of $4.33. The company has a market cap of $65.48 million, a price-to-earnings ratio of -0.41 and a beta of 1.33. The stock has a fifty day simple moving average of $1.54 and a 200-day simple moving average of $1.70. The company has a current ratio of 0.63, a quick ratio of 0.61 and a debt-to-equity ratio of 2.83.

Institutional Trading of Prairie Operating

Several institutional investors and hedge funds have recently made changes to their positions in PROP. Engineers Gate Manager LP bought a new stake in shares of Prairie Operating in the fourth quarter valued at about $25,000. ELCO Management Co. LLC purchased a new position in Prairie Operating in the third quarter valued at about $26,000. Retirement Planning Group LLC purchased a new position in Prairie Operating in the fourth quarter valued at about $29,000. Bank of America Corp DE grew its stake in Prairie Operating by 203.8% in the second quarter. Bank of America Corp DE now owns 9,812 shares of the company’s stock valued at $29,000 after purchasing an additional 6,582 shares during the last quarter. Finally, Warther Private Wealth LLC purchased a new position in Prairie Operating in the third quarter valued at about $31,000. 34.28% of the stock is currently owned by institutional investors.