Analyst consensus expects Q2 2026 revenue of $81.72 million and an EPS loss of $0.20, with the stock currently trading near $2.84 relative to a $7.06 average price target. Investors are primarily focused on the financial impact of a significant non-cash accrual related to ongoing Swedish VAT litigation, which recently forced a delay in the company's official quarterly filing.
Despite these tax-related headwinds, preliminary Q2 2026 internal estimates indicate a 73% year-over-year revenue surge driven by the expansion of Bitcoin mining hashrate and scaling high-performance computing (HPC) contracts. This aggressive pivot toward AI data center infrastructure remains the central long-term growth narrative for the company.