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The latest announcement is out from Digi Power X ( (TSE:DGX) ).
On May 15, 2025, Digi Power X reported a significant 65% increase in revenue for the first quarter of 2025 compared to the previous quarter, reaching $9.3 million. This growth was driven by a 256% increase in its colocation vertical and a 155% rise in energy sales. The company achieved positive EBITDA and improved its net loss by 63% compared to the fourth quarter of 2024. Digi Power X’s strategic focus on developing Tier 3 AI data centers and its collaboration with global leaders in AI data center logistics positions it for long-term growth and operational excellence. With no long-term debt and nearly $10 million in liquidity, the company is well-positioned to capitalize on the rising demand for AI compute infrastructure, which is expected to continue supporting revenue growth through 2025.
The most recent analyst rating on (TSE:DGX) stock is a Buy with a C$2.50 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 is an innovative energy infrastructure company focused on developing cutting-edge data centers to drive the expansion of sustainable energy assets. The company is vertically integrated and aims to provide high-performance computing solutions, particularly through its Tier 3 AI data centers, which are designed for advanced workloads.
Average Trading Volume: 20,349
Technical Sentiment Signal: Sell
Current Market Cap: C$77.65M
See more insights into DGX stock on TipRanks’ Stock Analysis page.