Digi Power X to Announce Q1 Earnings on May 15
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy DGXX?
Source: seekingalpha
- Earnings Announcement: Digi Power X is set to announce its Q1 2023 earnings results on May 15 before market open, with stakeholders keenly awaiting the performance metrics to gauge the company's future prospects.
- Market Expectations: The consensus EPS estimate stands at -$0.05, indicating challenges in profitability, while the revenue estimate of $11.13 million reflects a cautious outlook on sales growth from the market.
- Uplisting Plans: Digi Power X is planning to uplist to Cboe Canada, which, if successful, could enhance its market visibility and liquidity, thereby attracting more investor interest.
- Historical Financial Data: The historical earnings data will provide investors with crucial context, aiding in the assessment of Digi Power X's financial health and future growth potential.
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Analyst Views on DGXX
Wall Street analysts forecast DGXX stock price to fall
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 8.460
Low
5.00
Averages
6.00
High
7.00
Current: 8.460
Low
5.00
Averages
6.00
High
7.00
About DGXX
Digi Power X Inc. is a vertically integrated artificial intelligence (AI) and energy infrastructure company. The Company designs and deploys modular tier three data centers through its AI-Ready Modular Solution (ARMS) platform and offers enterprise-grade GPU compute through its NeoCloud portal, leveraging advanced NVIDIA GPU technology and secured energy infrastructure. Through its subsidiary, US Data Centers, Inc. (US Data Centers), it is focused on creating a platform dedicated entirely to delivering artificial intelligence (AI) and HPC solutions, ensuring purpose-built infrastructure for computing. Its segments include cryptocurrency mining, sales of energy and electricity and colocation services. With multiple sites, including its combined cycle and high-capacity substations, the Company enhances the energy grid, supporting both industrial clients and broader energy markets. It operates Bitcoin mining sites and focuses on procuring power from renewable energy sources.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Digi Power X to Announce Q1 Earnings on May 15
- Earnings Announcement: Digi Power X is set to announce its Q1 2023 earnings results on May 15 before market open, with stakeholders keenly awaiting the performance metrics to gauge the company's future prospects.
- Market Expectations: The consensus EPS estimate stands at -$0.05, indicating challenges in profitability, while the revenue estimate of $11.13 million reflects a cautious outlook on sales growth from the market.
- Uplisting Plans: Digi Power X is planning to uplist to Cboe Canada, which, if successful, could enhance its market visibility and liquidity, thereby attracting more investor interest.
- Historical Financial Data: The historical earnings data will provide investors with crucial context, aiding in the assessment of Digi Power X's financial health and future growth potential.
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- Strong Market Demand: The number of shares offered by Cerebras has increased from 28 million to 30 million, reflecting robust investor interest in AI infrastructure and further solidifying its position against Nvidia in the AI chip market.
- Significant Financial Performance: Cerebras reported revenue of $270.3 million for the first nine months of 2025, a substantial increase from $75.2 million in the same period last year, despite posting a net loss of $56.4 million, highlighting the challenges faced amid rapid expansion.
- Strategic Partnership Agreements: Cerebras has signed multi-billion-dollar contracts with Digi Power X to provide 40 megawatts of computing power, enhancing its market position in AI data centers, while a $10 billion deal with OpenAI is driving technology integration and application.
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- Digi Power X Deal Surge: Digi Power X has secured a colocation deal with Cerebras worth up to $2.5 billion to provide 40 megawatts of compute power, with an initial 10-year contract valued at approximately $1.1 billion, significantly enhancing its market position amid rising AI infrastructure needs.
- Retail Interest Spike: Shares of Digi Power X surged over 5% in overnight trading, with retail message volumes increasing by 258% and watchers up by 33%, indicating strong investor interest in its infrastructure deal, which could further drive stock price appreciation.
- ATM Program Expansion: Digi Power X has expanded its at-the-market equity program by $100 million, raising the total potential offering to $175 million, signaling confidence in future growth and potentially providing funding support for upcoming projects.
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- Bloom Energy Investment Opportunity: Bloom Energy is highlighted as a non-combustible power investment choice, with analysts noting a surge in demand from data centers, underscoring its significance and growth potential in the renewable energy market.
- Amphenol Stock Pullback: Amphenol's stock has slightly decreased, which analysts see as a good buying opportunity, demonstrating market confidence in its long-term growth prospects, particularly amid ongoing demand in the connectors and sensors market.
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- AMD Earnings Surge: AMD reported a blockbuster earnings forecast with a projected $11.2 billion in Q2 revenue, significantly higher than last year, causing its stock to jump 19% in pre-market trading and reigniting interest in AI-related stocks, indicating strong market focus on tech equities.
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- Massive Deal Size: Digi Power X's colocation AI data center agreement with Cerebras Systems is valued at up to $2.5 billion, expected to generate $1.1 billion in revenue over the next decade, further solidifying its position among top-tier data center operators.
- Strong Stock Surge: Following the announcement, Digi Power X's shares surged over 29% on Tuesday and gained more than 8% in premarket trading on Wednesday, reflecting strong market optimism and a five-day rally that underscores investor confidence in the deal.
- Debt-Free Advantage: Despite the significant stock price increase, investors on Stocktwits discussed the company's substantial undervaluation relative to its debt-free balance sheet and the new billion-dollar contract, indicating a disconnect in market perception of its growth potential.
- Phased Project Implementation: Digi Power X will construct the data center on land it already owns, with 15 megawatts of capacity expected to come online by mid-December and the remaining 25 megawatts by the end of Q1 next year, ensuring smooth project rollout and long-term revenue generation.
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Digi Power X to Announce Q1 Earnings on May 15
- Earnings Announcement: Digi Power X is set to announce its Q1 2023 earnings results on May 15 before market open, with stakeholders keenly awaiting the performance metrics to gauge the company's future prospects.
- Market Expectations: The consensus EPS estimate stands at -$0.05, indicating challenges in profitability, while the revenue estimate of $11.13 million reflects a cautious outlook on sales growth from the market.
- Uplisting Plans: Digi Power X is planning to uplist to Cboe Canada, which, if successful, could enhance its market visibility and liquidity, thereby attracting more investor interest.
- Historical Financial Data: The historical earnings data will provide investors with crucial context, aiding in the assessment of Digi Power X's financial health and future growth potential.
See More
Cerebras IPO Target Valuation Reaches $48.8 Billion
- IPO Price Range Increase: Cerebras plans to raise its IPO price range from $115-$125 to $150-$160, potentially generating up to $4.8 billion in capital, which elevates the company's market valuation to $48.8 billion, a significant increase from the $23 billion valuation established in February.
- Strong Market Demand: The number of shares offered by Cerebras has increased from 28 million to 30 million, reflecting robust investor interest in AI infrastructure and further solidifying its position against Nvidia in the AI chip market.
- Significant Financial Performance: Cerebras reported revenue of $270.3 million for the first nine months of 2025, a substantial increase from $75.2 million in the same period last year, despite posting a net loss of $56.4 million, highlighting the challenges faced amid rapid expansion.
- Strategic Partnership Agreements: Cerebras has signed multi-billion-dollar contracts with Digi Power X to provide 40 megawatts of computing power, enhancing its market position in AI data centers, while a $10 billion deal with OpenAI is driving technology integration and application.
See More
Cerebras IPO Demand Soars, Digi Power X Benefits
- Cerebras IPO Upsizing: Cerebras is set to go public on Nasdaq this Thursday, with its IPO price range raised from $115-$125 to $150-$160 per share, potentially raising about $4.8 billion, reflecting strong market demand and positioning it as the largest IPO of 2026.
- Digi Power X Deal Surge: Digi Power X has secured a colocation deal with Cerebras worth up to $2.5 billion to provide 40 megawatts of compute power, with an initial 10-year contract valued at approximately $1.1 billion, significantly enhancing its market position amid rising AI infrastructure needs.
- Retail Interest Spike: Shares of Digi Power X surged over 5% in overnight trading, with retail message volumes increasing by 258% and watchers up by 33%, indicating strong investor interest in its infrastructure deal, which could further drive stock price appreciation.
- ATM Program Expansion: Digi Power X has expanded its at-the-market equity program by $100 million, raising the total potential offering to $175 million, signaling confidence in future growth and potentially providing funding support for upcoming projects.
See More
Market Analysis: ASML and Steel Dynamics Performance
- ASML Stock Performance: ASML's stock has been on a continuous rise since its impressive quarterly results, with a $75 increase today, reflecting strong market confidence in its technological leadership despite concerns about a potential pullback.
- Steel Dynamics Recommendation: Steel Dynamics is viewed as an excellent company, with analysts strongly recommending buying its stock, indicating confidence in its future profitability and reflecting the stable demand and growth potential in the steel industry.
- Bloom Energy Investment Opportunity: Bloom Energy is highlighted as a non-combustible power investment choice, with analysts noting a surge in demand from data centers, underscoring its significance and growth potential in the renewable energy market.
- Amphenol Stock Pullback: Amphenol's stock has slightly decreased, which analysts see as a good buying opportunity, demonstrating market confidence in its long-term growth prospects, particularly amid ongoing demand in the connectors and sensors market.
See More
Easing Middle East Tensions Boost Market Sentiment
- Market Sentiment Rebound: Signals of easing tensions in the Middle East have buoyed investor sentiment, leading to a rise in U.S. stock futures, with the S&P 500, Dow, and Russell 2000 futures up 0.3% and Nasdaq futures gaining 0.7%, reflecting optimism about future economic recovery.
- AMD Earnings Surge: AMD reported a blockbuster earnings forecast with a projected $11.2 billion in Q2 revenue, significantly higher than last year, causing its stock to jump 19% in pre-market trading and reigniting interest in AI-related stocks, indicating strong market focus on tech equities.
- Job Data Anticipation: Investors are keenly awaiting the upcoming ADP Private Payrolls report, which will provide insights into the health of the labor market ahead of Friday's official jobs report, potentially influencing market trends.
- Legal Resolution for Apple: Apple has settled a $250 million lawsuit concerning delays in Siri AI features, removing a legal hurdle for its software roadmap, which is expected to enhance investor confidence in Apple's future development.
See More
Digi Power X Secures $2.5 Billion AI Data Center Deal with Cerebras Systems
- Massive Deal Size: Digi Power X's colocation AI data center agreement with Cerebras Systems is valued at up to $2.5 billion, expected to generate $1.1 billion in revenue over the next decade, further solidifying its position among top-tier data center operators.
- Strong Stock Surge: Following the announcement, Digi Power X's shares surged over 29% on Tuesday and gained more than 8% in premarket trading on Wednesday, reflecting strong market optimism and a five-day rally that underscores investor confidence in the deal.
- Debt-Free Advantage: Despite the significant stock price increase, investors on Stocktwits discussed the company's substantial undervaluation relative to its debt-free balance sheet and the new billion-dollar contract, indicating a disconnect in market perception of its growth potential.
- Phased Project Implementation: Digi Power X will construct the data center on land it already owns, with 15 megawatts of capacity expected to come online by mid-December and the remaining 25 megawatts by the end of Q1 next year, ensuring smooth project rollout and long-term revenue generation.
See More
