Axe Compute (NASDAQ:AGPU) Raised to “Hold” at Wall Street Zen

Axe Compute (NASDAQ:AGPU) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

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 research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Axe Compute Stock Performance

Shares of AGPU stock opened at $8.40 on Friday. The firm’s 50 day simple moving average is $7.47. The stock has a market capitalization of $96.52 million, a PE ratio of -1.03 and a beta of 3.44. Axe Compute has a 12 month low of $1.03 and a 12 month high of $32.10.

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

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.