Seeking Alpha upgraded Digi Power X (DGXX) from hold to speculative buy on May 18, 2026. The upgrade follows two agreements validating the company's shift toward artificial intelligence infrastructure.
Digi Power X secured a potential $2.5 billion deal with Cerebras Systems for a 40 MW AI data center. The company also signed a $19.6 million contract with SubQ AI.
Analysts identified execution risks and capital expenditure requirements as primary concerns for the rapid expansion. A $175 million at-the-market equity program creates potential for shareholder dilution. The stock maintains high volatility following these recent commercial announcements.