Axe Compute (NASDAQ:AGPU) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Axe Compute (NASDAQ:AGPU) from a sell rating to a hold rating in a research note released on Saturday morning.

Separately, Weiss Ratings raised shares of Axe Compute from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Axe Compute Trading Up 0.2%

NASDAQ:AGPU opened at $8.40 on Friday. The firm has a fifty day moving average price of $7.47. Axe Compute has a 1-year low of $1.03 and a 1-year high of $32.10. The stock has a market cap of $96.56 million, a price-to-earnings ratio of -1.03 and a beta of 3.44.

Axe Compute (NASDAQ:AGPU) last announced its quarterly earnings data on Friday, May 15th. The company reported ($0.36) EPS for the quarter. Axe Compute had a negative return on equity of 7,363.67% and a negative net margin of 470,383.31%.The firm had revenue of $0.04 million for the quarter.

About Axe Compute

Axe Compute (NASDAQ: AGPU) is an AI infrastructure company focused on providing enterprise-grade graphics processing unit (GPU) compute capacity for artificial intelligence, machine learning and other high-performance computing workloads. The company positions itself as an alternative to traditional hyperscale cloud providers by offering dedicated, bare-metal GPU infrastructure designed to give customers greater control over hardware configuration, deployment location and workload performance.

Its services include access to dedicated GPU clusters that can be configured for AI training, inference, simulation, diffusion models and other compute-intensive applications.