Want to see BGDE full AI Analyst Report?
Top Page
Big Digital Energy
(NASDAQ:BGDE)
Select Model
Select Model
Rating:49Neutral
Price Target:
$6.00
▼(-21.26% Downside)
Action:Reiterated
Date:09/24/26
The score is held down primarily by weak financial performance (ongoing large losses, negative equity, and renewed cash burn), which outweighs improvements discussed on the earnings call. Technicals are neutral-to-soft with negative MACD and price below key short- and mid-term averages. Valuation offers limited support given negative earnings and no dividend yield provided, while the earnings call adds some upside optionality via improving revenue, governance progress, and capacity monetization but remains highly dependent on execution and financing.
Positive Factors
Improving revenue and utilization
Recent revenue improvement, particularly the sharp increase in energy management, indicates better use of the company’s infrastructure and a broader operating platform. If sustained, this mix shift can support recurring activity and improve the foundation for scaling AI and data-center services.
Negative Factors
Persistent unprofitable operations
The company has recorded sizeable net losses throughout the periods shown, and the 2025 revenue decline demonstrates that growth has not yet been consistent. Persistently negative operating economics can constrain reinvestment, weaken financial resilience, and make scaling dependent on outside capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving revenue and utilization
Recent revenue improvement, particularly the sharp increase in energy management, indicates better use of the company’s infrastructure and a broader operating platform. If sustained, this mix shift can support recurring activity and improve the foundation for scaling AI and data-center services.
Read all positive factors
Big Digital Energy (BGDE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$35.12M
Dividend YieldN/A
Average Volume (3M)59.36K
Price to Earnings (P/E)―
Beta (1Y)5.05
Revenue Growth-46.03%
EPS Growth33.23%
CountryUS
Employees33
SectorFinancial
Sector Strength70
IndustrySoftware - Application
Share Statistics
EPS (TTM)-20.11
Shares Outstanding5,664,339
10 Day Avg. Volume58,683
30 Day Avg. Volume59,363
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-1.59
Price to Sales (P/S)0.12
P/FCF Ratio-0.70
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Big Digital Energy Business Overview & Revenue Model
Company Description
Big Digital Energy, Inc. engages in the provision of digital asset infrastructure services. The company was founded on February 10, 2012 and is headquartered in Midland, PA....
Big Digital Energy Earnings Call Summary
Earnings Call Date:Aug 12, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 16, 2026
Earnings Call Sentiment Positive
The call presented clear operational and governance progress: restored NASDAQ compliance, resolution of legacy issues, improved revenue (total revenue +28% QoQ and energy management +120% QoQ), monetization of idle capacity, strategic site acquisitions and a high-value nonbinding LOI that, if converted, could be transformative. However, meaningful near-term risks remain — historical cash burn and low cash, an ongoing going-concern disclosure, dependence on nonbinding agreements and external financing, and related-party perceptions. On balance, the positives (restored compliance, revenue growth, asset acquisitions, monetization of idle capacity and management alignment) outweigh the risks, though successful execution and financing are critical to realize the upside.Positive Updates
Restored NASDAQ Compliance and Strong Equity Cushion
Regained compliance with Listing Rule 5550(b)(1); stockholders' equity was $12.4 million as of June 30, 2026 (exceeding the $5 million quarterly requirement).
Negative Updates
Historical Cash Burn and Near-Term Liquidity Concerns
Burned approximately $17 million in Q1 2026 and ended that quarter with only $2.5 million in cash. The company continues to carry a going-concern disclosure in its filings despite operational improvements.
Read all updates
Q2-2026 Updates
Positive
Negative
Restored NASDAQ Compliance and Strong Equity Cushion
Regained compliance with Listing Rule 5550(b)(1); stockholders' equity was $12.4 million as of June 30, 2026 (exceeding the $5 million quarterly requirement).
Read all positive updates
Company Guidance
Management's guidance centered on executing a disciplined, capital‑efficient build‑out of AI infrastructure backed by specific metrics: Big Digital today has ~129 MW of energized capacity and Q2 2026 revenues of $6.2M (up 28% QoQ), split roughly $3.5M colocation and $2.6M energy management (up 120%); management owns ~29% of the stock, completed a $15M Series D preferred financing (substantially funded by insiders), restored NASDAQ compliance (stockholders’ equity $12.4M as of June 30 vs. the $5M quarterly minimum) and terminated the poison pill on June 8, and deployed ~75 MW to a 630 AI arrangement that required no capital from Big Digital while delivering 100% of operating cash flows to the company. They highlighted recent acquisitions and development metrics—Cleveland, Texas (acquired) and the Hood County 50‑acre campus (17 MW energized today, pathway to ~111 MW of utility power and potential expansion to ~300 MW via behind‑the‑meter generation)—and an LOI at Hood County targeting an initial deployment of 7,748 NVIDIA D300 GPUs (indicative power‑lease economics of ~ $546M over 15 years, potentially ~ $1.07B over 25 years); they reiterated engagement with Northland for project‑level financing to grow while minimizing dilution, noted Q1 cash burn of ~ $17M and an ending cash balance of ~$2.5M but said liquidity and cash generation have materially improved.Big Digital Energy Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
18
Very Negative
Cash Flow
20
Very Negative
| Breakdown |
|---|
Income Statement |
| Total Revenue |
| Gross Profit |
| EBITDA |
| Net Income |
Balance Sheet |
| Total Assets |
| Cash, Cash Equivalents and Short-Term Investments |
| Total Debt |
| Total Liabilities |
| Stockholders Equity |
Cash Flow |
| Free Cash Flow |
| Operating Cash Flow |
| Investing Cash Flow |
| Financing Cash Flow |
Big Digital Energy Technical Analysis
Negative
7.62
Price Trends
6.23
Negative
6.75
Negative
5.35
Positive
Market Momentum
-0.14
Positive
46.94
Neutral
49.72
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BGDE, the sentiment is Negative. The current price of 7.62 is above the 20-day moving average (MA) of 6.43, above the 50-day MA of 6.23, and above the 200-day MA of 5.35, indicating a neutral trend. The MACD of -0.14 indicates Positive momentum. The RSI at 46.94 is Neutral, neither overbought nor oversold. The STOCH value of 49.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BGDE.
Big Digital Energy Risk Analysis
Big Digital Energy disclosed 48 risk factors in its most recent earnings report. Big Digital Energy reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Big Digital Energy Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $4.78B | 19.20 | 43.55% | 4.47% | 13.69% | 12.33% | |
72 Outperform | $3.84B | 16.63 | 71.16% | 0.67% | 22.91% | 21.48% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
55 Neutral | $670.78M | -2.06 | -46.72% | ― | 23.36% | -150.86% | |
49 Neutral | $35.12M | -0.23 | 424.23% | ― | -46.03% | 33.23% | |
41 Neutral | $38.05M | -0.94 | 21.74% | ― | ― | ― |
* Financial Sector Average
BGDE
Big Digital Energy
6.15
-2.82
-31.44%
MC
Moelis
58.18
-10.77
-15.62%
PJT
PJT Partners
149.33
-30.71
-17.06%
BTBT
Bit Digital
1.77
-1.17
-39.80%
ARBK
Argo Blockchain
2.48
-53.90
-95.60%
Big Digital Energy Corporate Events
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Big Digital Energy Executes Debt-for-Equity Conversion Deal
Positive
Sep 24, 2026
On September 18, 2026, Big Digital Energy, Inc. entered into an Exchange Agreement with Endeavor Blockchain, LLC, an entity wholly owned by Executive Chair Joshua A. Kilgore, to convert $2,568,815.71 in revolving credit debt, including principal a...
Business Operations and StrategyPrivate Placements and Financing
Big Digital Energy advances AI datacenter campus strategy
Positive
Jul 20, 2026
On July 14–15, 2026, Big Digital Energy entered into and closed a 50/50 joint venture with energy-infrastructure firm 10NetZero to acquire and develop a power-ready industrial property in Hood County, Texas for datacenter use. The venture pu...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Big Digital Energy Forms AI Data Center Joint Venture
Positive
Jul 6, 2026
On June 30, 2026, Big Digital Energy entered into a $15.03 million private financing with insider-controlled Six Thirty AI, issuing 16,700 shares of new Series D Convertible Preferred Stock and a five-year warrant for 926,748 common shares. The pr...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.