Axe Compute (NASDAQ:AGPU) Upgraded at Wall Street Zen

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

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

Axe Compute Trading Up 1.6%

AGPU stock opened at $6.87 on Wednesday. The firm has a market capitalization of $78.25 million, a price-to-earnings ratio of -0.84 and a beta of 3.43. Axe Compute has a 12 month low of $1.03 and a 12 month high of $32.10. The company’s 50 day simple moving average is $6.83.

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

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.