Axe Compute (NASDAQ:AGPU) Cut to “Sell” at Wall Street Zen

Wall Street Zen downgraded shares of Axe Compute (NASDAQ:AGPU) from a hold rating to a sell rating in a research report report published on Thursday morning.

Separately, Weiss Ratings upgraded shares of Axe Compute from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Axe Compute currently has a consensus rating of “Sell”.

Axe Compute Price Performance

AGPU stock opened at $6.85 on Thursday. The company has a 50-day simple moving average of $6.99. Axe Compute has a 52 week low of $1.03 and a 52 week high of $32.10. The firm has a market capitalization of $78.71 million, a P/E ratio of -0.84 and a beta of 3.43.

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

Axe Compute Company Profile

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.