Digi Power X Adds Hans Vestberg as Senior Advisor

Digi Power X ( (TSE:DGX) ) just unveiled an announcement.

On February 2, 2026, Digi Power X announced that Hans Vestberg, former Chairman and Chief Executive Officer of Verizon Communications and former CEO of Ericsson, joined the company as a senior advisor on its advisory board to support its expansion strategy. Vestberg brings more than 30 years of experience in building and scaling mission-critical digital and communications infrastructure, including leadership in Verizon’s first commercial 5G deployment and Ericsson’s global mobile network footprint, and will advise Digi Power X on AI infrastructure deployment, distributed and edge-compute architectures, strategic partnerships, power optimization, mission-critical reliability, and international expansion, reinforcing the company’s push to solve AI bottlenecks around power availability, cooling capacity, and deployment speed and to leverage its more than 200 megawatts of online power and up to 1.5 gigawatts of development capacity, including a 1.3-gigawatt West Virginia power project under evaluation for long-term AI data center use.

The most recent analyst rating on (TSE:DGX) stock is a Hold with a C$3.50 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.

The score is primarily held back by weak financial performance—persistent losses, negative gross profit, shrinking equity, and renewed cash burn. Technicals are mixed/neutral with some near-term strength but negative MACD and resistance at longer moving averages. Valuation remains uncertain due to the negative P/E and no dividend yield data.

To see Spark’s full report on TSE:DGX stock, click here.

More about Digi Power X

Digi Power X Inc. (Digipower X) is an innovative energy infrastructure company and vertically integrated AI infrastructure provider that develops Tier III-certified modular AI data centers powered by owned and controlled energy assets. Listed on Nasdaq and the TSX Venture Exchange, the company focuses on rapidly deployable Tier-3 modular data centers and the expansion of sustainable, large-scale power capacity, including combined-cycle power plants and sites in North Carolina and West Virginia, to address power and cooling constraints in AI and high-performance computing.

YTD Price Performance: 2.59%

Average Trading Volume: 41,837

Technical Sentiment Signal: Hold

Current Market Cap: C$250.2M

Find detailed analytics on DGX stock on TipRanks’ Stock Analysis page.