Axe Compute (NASDAQ:AGPU) Stock Rating Upgraded by Wall Street Zen

Axe Compute (NASDAQ:AGPU) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Monday.

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

Axe Compute Price Performance

Shares of NASDAQ:AGPU opened at $10.35 on Monday. The company’s fifty day moving average price is $7.97 and its 200 day moving average price is $5.52. Axe Compute has a 12 month low of $1.03 and a 12 month high of $32.10. The firm has a market capitalization of $119.96 million, a P/E ratio of -1.80 and a beta of 3.44.

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

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.