Digi Power X price target raised to $12 from $10 at Alliance Global

Alliance Global raised the firm’s price target on Digi Power X (DGXX) to $12 from $10 and keeps a Buy rating on the shares. Although hyperscalers want to quickly accelerate their compute power and have more data centers in place, the biggest bottleneck is time to power and therefore Digi Power X has a number of companies interested in its sites, the analyst tells investors in a research note. The firm added that it expects the company to exit 2027 with 90 megawatts of power for colocation data centers and 10 megawatts for GPU-as-a-Service.