Axe Compute (NASDAQ:AGPU) Upgraded 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 report sent to investors on Monday morning.

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

Axe Compute Stock Up 0.6%

Shares of Axe Compute stock opened at $10.27 on Monday. The stock has a market cap of $119.03 million, a price-to-earnings ratio of -1.79 and a beta of 3.44. Axe Compute has a twelve month low of $1.03 and a twelve month high of $32.10. The company’s fifty day moving average is $7.91 and its 200 day moving average is $5.47.

Axe Compute (NASDAQ:AGPU) last announced its earnings results on Friday, August 14th. The company reported ($0.87) earnings per share (EPS) for the quarter. The company had revenue of $3.21 million for the quarter. Axe Compute had a negative return on equity of 1,606.56% and a negative net margin of 7,769.61%.

Axe Compute Company Profile

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.