Digi Power X Inc.·Financial Services

Digi Power X (DGXX) is upgraded from hold to speculative buy after securing major AI infrastructure contracts. SubQ AI and Cerebras agreements provide real commercial validation and significant revenue catalysts for DGXX's NeoCloudz platform. Execution, capex management, and dilution risks remain elevated, especially with a $175 million ATM program in place.

Digi Power X Inc (NASDAQ:DGXX) shares are recovering after earlier losses on Friday. The company posted first-quarter results that came in below expectations.

Digi Power X Inc. (DGXX) Q1 2026 Earnings Call Transcript

Digi Power X NASDAQ: DGXX said its first-quarter 2026 results reflected a strategic transition away from cryptocurrency mining and toward AI computing infrastructure, with management highlighting positive adjusted EBITDA, a debt-free balance sheet and the start of AI-related revenue in May.

Digi Power X Inc (NASDAQ:DGXX, FRA:1NQ0, NEO:DGX) said its NeoCloudz GPU-as-a-Service platform is now live and generating first revenues, marking a milestone in the company's expansion into AI infrastructure and colocation services. The initial revenues, recognized in May, came from deployments of NVIDIA B200 and B300 GPUs at the company's Columbiana, Alabama, facility.

NeoCloudz GPU Cloud Live with First AI Revenues; Approximately $125 Million Cash Today with Zero Long-Term Debt; $45 Million YTD Capex Deployed at Columbiana MIAMI, FL / ACCESS Newswire / May 15, 2026 / Digi Power X Inc. (Nasdaq:DGXX)(Cboe Canada:DGX) ("Digi Power X" or the "Company"), an AI data center infrastructure operator, today reported its financial and operating results for the first quarter ended March 31, 2026 (all amounts in U.S. dollars, unless otherwise indicated). The Company's quarterly report on Form 10-Q, which includes unaudited consolidated financial statements and management's discussion and analysis ("MD&A") for the quarter ended March 31, 2026, has been filed and made accessible under the Company's continuous disclosure profile on SEDAR+ at www.sedarplus.ca and is also available on EDGAR at www.sec.gov/edgar.
Digi Power X Inc. operates as an energy infrastructure company. The Company develops cutting-edge data centers to drive the expansion of energy assets.
Financial Services
Asset Management - Cryptocurrency
15
2021-01-08
5.71