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Digi Power X ( (TSE:DGX) ) has issued an announcement.
Digi Power X has significantly strengthened its balance sheet, increasing its liquidity to $85 million, which will support its 2026 AI infrastructure development plan. The company is transitioning from cryptocurrency mining to AI-driven infrastructure, with plans to launch its retail compute platform NeoCloudz and implement the ARMS 200 platform in January 2026. This strategic shift aims to enhance Digi Power X’s market position by optimizing energy efficiency and expanding AI data center capacity, with a targeted operational capacity of 195 MW by 2027.
The most recent analyst rating on (TSE:DGX) stock is a Buy with a C$3.50 price target. To see the full list of analyst forecasts on Digi Power X stock, see the TSE:DGX Stock Forecast page.
Spark’s Take on TSE:DGX Stock
According to Spark, TipRanks’ AI Analyst, TSE:DGX is a Neutral.
Digihost Technology’s stock score reflects a mixed outlook. The company’s financial performance shows significant challenges with ongoing losses, impacting overall profitability. However, the technical analysis indicates strong upward momentum, suggesting market optimism. While the valuation is hindered by a negative P/E ratio, the earnings call and recent corporate events point to potential growth opportunities through strategic expansion and revenue diversification. Investors should weigh these opportunities against the persistent financial challenges.
To see Spark’s full report on TSE:DGX stock, click here.
More about Digi Power X
Digi Power X Inc. is an innovative energy infrastructure company that focuses on developing AI infrastructure and energy solutions. The company is involved in cryptocurrency mining and is transitioning towards AI-driven infrastructure with a focus on deploying high-efficiency Tier III AI data centers and expanding power capacity across the U.S.
YTD Price Performance: 271.05%
Average Trading Volume: 44,362
Technical Sentiment Signal: Buy
Current Market Cap: C$383.9M
For a thorough assessment of DGX stock, go to TipRanks’ Stock Analysis page.