Hyperscale Data, under its subsidiary Sentinum, is poised to restart Bitcoin mining at one of its Montana facilities starting around June 10. The Montana site, finished in 2024, is equipped with a capacity of 10 megawatts, enabling the operation of approximately 3,200 S19j Pro Antminers. Initially, Sentinum plans to activate around 2,600 Antminers, with a full-scale operation expected by July. The decision to resume mining activities stems from the recent uptick in Bitcoin's value, which the company believes is stable enough to ensure profitable operations at the Montana site, according to statements from CEO William Horne.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Hyperscale Data Inc (GPUS, Financial) is $41,250.00 with a high estimate of $41,250.00 and a low estimate of $41,250.00. The average target implies an upside of 739,147.31% from the current price of $5.58. More detailed estimate data can be found on the Hyperscale Data Inc (GPUS) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Hyperscale Data Inc's (GPUS, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Hyperscale Data Inc (GPUS, Financial) in one year is $1.89, suggesting a downside of 66.13% from the current price of $5.58. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Hyperscale Data Inc (GPUS) Summary page.
