Digi Power X (NASDAQ:DGXX) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Digi Power X (NASDAQ:DGXX) from a sell rating to a hold rating in a report published on Saturday morning.

DGXX has been the subject of a number of other research reports. Weiss Ratings restated a “sell (d-)” rating on shares of Digi Power X in a research report on Monday, April 20th. Alliance Global Partners reaffirmed a “buy” rating on shares of Digi Power X in a research note on Friday. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $4.00.

Digi Power X Stock Up 4.4%

Shares of DGXX stock opened at $7.54 on Friday. Digi Power X has a fifty-two week low of $1.16 and a fifty-two week high of $9.20. The stock has a market cap of $526.37 million, a P/E ratio of -11.60 and a beta of 5.85. The business has a fifty day simple moving average of $3.44 and a 200-day simple moving average of $3.35.

Digi Power X (NASDAQ:DGXX) last announced its quarterly earnings results on Friday, May 15th. The company reported $999.00 earnings per share for the quarter. Digi Power X had a negative return on equity of 54.82% and a negative net margin of 82.94%.The business had revenue of $6.79 million during the quarter.

Insider Activity at Digi Power X

In related news, President Alec Amar sold 27,500 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $3.56, for a total transaction of $97,900.00. Following the sale, the president owned 1,368,949 shares of the company’s stock, valued at $4,873,458.44. This trade represents a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 55,000 shares of company stock worth $160,032 over the last quarter.

Institutional Trading of Digi Power X

A number of large investors have recently made changes to their positions in the stock. Weiss Asset Management LP acquired a new stake in shares of Digi Power X during the first quarter valued at $540,000. Dimensional Fund Advisors LP boosted its stake in shares of Digi Power X by 29.2% during the first quarter. Dimensional Fund Advisors LP now owns 140,081 shares of the company’s stock valued at $284,000 after acquiring an additional 31,666 shares during the last quarter. Members Advisory Group LLC boosted its stake in shares of Digi Power X by 6.6% during the first quarter. Members Advisory Group LLC now owns 69,887 shares of the company’s stock valued at $142,000 after acquiring an additional 4,310 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new stake in shares of Digi Power X during the first quarter valued at $34,000. Finally, Sovereign Financial Group Inc. acquired a new stake in Digi Power X in the 1st quarter worth about $39,000. Institutional investors and hedge funds own 1.93% of the company’s stock.

More Digi Power X News

Here are the key news stories impacting Digi Power X this week:

• Positive Sentiment: Digi Power X said its NeoCloudz GPU-as-a-Service platform is live and already generating first AI revenues, a key milestone that could validate its shift into AI infrastructure. Digi Power X launches NeoCloudz GPU cloud, begins generating AI revenues
• Positive Sentiment: The company outlined a 2027 annual revenue run-rate target of $250 million to $300 million, which signals management sees significant growth ahead as AI revenues begin in May 2026. Digi Power X outlines $300M annual run-rate target for 2027 as AI revenues begin in May 2026
• Positive Sentiment: Management highlighted a strong balance sheet, including about $125 million in cash and no long-term debt, which gives the company flexibility to fund expansion. Digi Power X Reports First Quarter 2026 Financial Results
• Neutral Sentiment: The company reported first-quarter 2026 financial results and held an earnings call, but the main focus for investors appears to be the new AI revenue launch and forward guidance rather than the backward-looking quarter. Digi Power X Inc. (DGXX) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Despite the upbeat long-term outlook, the Q1 results were described as below expectations, which may be weighing on sentiment and contributing to the stock’s volatility. What's Happening With The Rise Of Digi Power X Stock Today?

Digi Power X Company Profile

Digihost Technology Inc operates as a blockchain technology company that focuses on digital currency mining in the United States. It mines for cryptocurrency. The company was incorporated in 2017 and is headquartered in Toronto, Canada.