Wall Street Zen Downgrades Axe Compute (NASDAQ:AGPU) to Sell

Axe Compute (NASDAQ:AGPU) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Thursday.

Separately, Weiss Ratings upgraded 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, the company has a consensus rating of “Sell”.

Axe Compute Stock Down 6.9%

Shares of AGPU stock opened at $6.85 on Thursday. The stock has a market capitalization of $78.74 million, a P/E ratio of -0.84 and a beta of 3.43. Axe Compute has a 1-year low of $1.03 and a 1-year high of $32.10. The company’s fifty day simple moving average is $6.99.

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

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.