Digi Power X FY2025 EPS Estimate Boosted by HC Wainwright

Digi Power X Inc. (NASDAQ:DGXX) – Equities researchers at HC Wainwright boosted their FY2025 earnings per share (EPS) estimates for shares of Digi Power X in a report released on Monday, November 17th. HC Wainwright analyst K. Dede now anticipates that the company will post earnings of ($0.48) per share for the year, up from their previous forecast of ($0.55). HC Wainwright currently has a “Buy” rating and a $5.00 price target on the stock. HC Wainwright also issued estimates for Digi Power X’s Q4 2025 earnings at ($0.14) EPS and FY2026 earnings at ($0.40) EPS.

Digi Power X (NASDAQ:DGXX) last announced its earnings results on Thursday, November 13th. The company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.08. Digi Power X had a negative return on equity of 47.17% and a negative net margin of 39.25%.

A number of other equities analysts have also weighed in on DGXX. Alliance Global Partners began coverage on shares of Digi Power X in a research report on Tuesday, September 2nd. They issued a “buy” rating and a $3.50 price objective for the company. Industrial Alliance Securities set a $3.50 price target on Digi Power X in a report on Tuesday, September 2nd. Wall Street Zen upgraded Digi Power X from a “sell” rating to a “hold” rating in a report on Saturday, August 16th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Digi Power X in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Digi Power X currently has an average rating of “Hold” and an average target price of $4.00.

Digi Power X Stock Up 7.8%

DGXX opened at $3.99 on Wednesday. Digi Power X has a 52 week low of $0.85 and a 52 week high of $6.78. The firm has a market cap of $182.86 million, a P/E ratio of -9.50 and a beta of 5.78. The business’s fifty day simple moving average is $3.65 and its 200 day simple moving average is $2.81.

Institutional Trading of Digi Power X

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vident Advisory LLC acquired a new position in Digi Power X during the third quarter valued at approximately $2,663,000. Alyeska Investment Group L.P. purchased a new position in shares of Digi Power X in the 3rd quarter valued at $1,585,000. Moneta Group Investment Advisors LLC acquired a new position in shares of Digi Power X during the 3rd quarter valued at $74,000. Sprott Inc. purchased a new stake in Digi Power X during the 3rd quarter worth $69,000. Finally, Private Advisor Group LLC acquired a new stake in Digi Power X in the 3rd quarter valued at $39,000. Institutional investors and hedge funds own 1.93% of the company’s stock.

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.