FY2026 EPS Forecast for Digi Power X Increased by Analyst

Digi Power X Inc. (NASDAQ:DGXX) – HC Wainwright lifted their FY2026 EPS estimates for Digi Power X in a research report issued on Thursday, April 2nd. HC Wainwright analyst K. Dede now anticipates that the company will earn ($0.39) per share for the year, up from their previous forecast of ($0.40).

Digi Power X (NASDAQ:DGXX) last issued its quarterly earnings results on Tuesday, March 31st. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.17). Digi Power X had a negative return on equity of 47.17% and a negative net margin of 39.25%.The business had revenue of $8.65 million during the quarter, compared to analyst estimates of $6.80 million.

Several other equities analysts also recently weighed in on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Digi Power X in a report on Wednesday, January 21st. Wall Street Zen downgraded shares of Digi Power X from a “hold” rating to a “sell” rating in a report on Saturday, March 21st. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $4.00.

Digi Power X Trading Down 1.4%

Shares of NASDAQ:DGXX opened at $2.15 on Tuesday. Digi Power X has a twelve month low of $0.85 and a twelve month high of $6.78. The company’s 50 day moving average is $2.46 and its 200 day moving average is $3.11. The company has a market cap of $98.53 million, a PE ratio of -3.41 and a beta of 5.85.

Institutional Trading of Digi Power X

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vennlight Capital Management LP acquired a new position in shares of Digi Power X in the fourth quarter worth about $4,471,000. Vident Advisory LLC acquired a new stake in shares of Digi Power X during the 3rd quarter valued at about $2,663,000. Alyeska Investment Group L.P. acquired a new stake in shares of Digi Power X during the 3rd quarter valued at about $1,585,000. Geode Capital Management LLC grew its position in shares of Digi Power X by 1,771.7% during the 4th quarter. Geode Capital Management LLC now owns 592,399 shares of the company’s stock valued at $1,511,000 after acquiring an additional 560,749 shares during the period. Finally, Renaissance Technologies LLC grew its position in shares of Digi Power X by 157.8% during the 4th quarter. Renaissance Technologies LLC now owns 883,501 shares of the company’s stock valued at $2,253,000 after acquiring an additional 540,801 shares during the period. Institutional investors and hedge funds own 1.93% of the company’s stock.

Insider Buying and Selling at Digi Power X

In related news, President Alec Amar sold 27,500 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $2.53, for a total value of $69,575.00. Following the completion of the transaction, the president directly owned 1,263,116 shares in the company, valued at $3,195,683.48. The trade was a 2.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

About Digi Power X

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.