- Hyperscale Data (GPUS, Financial) aims to restart Bitcoin mining by June 10 with an increase to full capacity by July.
- Analysts suggest a substantial potential upside for the stock based on price targets.
- GuruFocus estimates suggest a discrepancy in the stock's current valuation and its projected fair value.
Hyperscale Data Inc. (GPUS), through its subsidiary Sentinum, has exciting news for investors: the company plans to restart its Bitcoin mining operations in Montana. Set to commence by June 10, this initiative will initially utilize around 2,600 Antminers. By July, they aim to reach full operational capacity with approximately 3,200 units, capitalizing on favorable Bitcoin prices.
Wall Street Analysts' Forecast and Insights
Analysts have set a one-year price target for Hyperscale Data Inc. (GPUS, Financial) at an average of $41,250.00. This figure reflects both the high and low estimates of $41,250.00, indicating a consensus. With the current stock price at $5.58, this average target predicts an astronomical upside of 739,147.31%. For a deeper dive into these projections, visit our Forecast page for Hyperscale Data Inc. (GPUS).
The consensus recommendation from a brokerage review currently positions Hyperscale Data Inc. (GPUS, Financial) with an "Outperform" rating of 2.0 on a scale from 1 (Strong Buy) to 5 (Sell). This suggests confidence in the stock's potential to surpass market expectations.
Evaluating the GF Value: A Different Perspective
In contrast to the bullish price targets, the estimated GF Value for Hyperscale Data Inc. stands at $1.89 for the next year. This suggests a potential downside of 66.13% from the current trading price of $5.58. The GF Value is Gurufocus's proprietary metric, offering an estimated fair market value based on historical trading multiples and future business performance estimates. For a comprehensive overview, check out the Summary page on GuruFocus.
