Axe Compute (NASDAQ:AGPU) Upgraded at Wall Street Zen

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

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 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 Price Performance

Shares of AGPU opened at $7.01 on Wednesday. The stock’s 50-day moving average is $6.77. The firm has a market cap of $79.84 million, a P/E ratio of -0.86 and a beta of 3.43. Axe Compute has a fifty-two week low of $1.03 and a fifty-two week high of $32.10.

Axe Compute (NASDAQ:AGPU) last issued 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 net margin of 470,383.31% and a negative return on equity of 7,363.67%. The company 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.