Core Viewpoint - Nvidia is the leading player in AI infrastructure, but other companies like Advanced Energy Industries and DigitalBridge Group are emerging as significant contributors in the sector, offering potential investment opportunities for those looking beyond Nvidia [1][12]. Group 1: Advanced Energy Industries (AEIS) - Advanced Energy Industries specializes in precision power conversion systems, crucial for powering advanced semiconductors and data centers that support AI workloads [3]. - AEIS has a Zacks Rank 2 (Buy) with projected annual earnings growth of 27% over the next three to five years, driven by strong demand in semiconductor equipment and data center infrastructure [4][10]. - The stock trades at 25.7x forward earnings, which is attractive when adjusted for growth, as indicated by a PEG ratio below 1, suggesting it is undervalued relative to its earnings trajectory [5]. - AEIS has recently hit all-time highs, indicating strong momentum and alignment of fundamentals with technology trends [6]. Group 2: DigitalBridge Group (DBRG) - DigitalBridge Group is a digital infrastructure investment firm that partners with major operators to develop hyperscale data centers, essential for AI applications [9]. - DBRG also holds a Zacks Rank 2 (Buy), with earnings projected to grow at a 26% annual rate over the next three to five years due to increasing demand for digital infrastructure [10]. - The stock trades at 19.2x forward earnings with a PEG ratio below 1, indicating an attractive valuation relative to its growth potential, despite a recent trend of lower stock prices [11]. - Recent price action suggests a shift in momentum to the upside, indicating that investors are starting to recognize the long-term value of DBRG [11]. Group 3: Investment Considerations - As the AI boom continues, a broader ecosystem is necessary to support the technologies, where companies like AEIS and DBRG play critical roles [12]. - Both AEIS and DBRG are showing improving fundamentals, strong earnings growth outlooks, and technical momentum, making them compelling alternatives for investors seeking to diversify their exposure to the AI megatrend [14][15].

Core Insights - Takanock, LLC has secured $500 million in capital commitments from ArcLight and DigitalBridge to enhance power infrastructure solutions for data centers in constrained markets [1][2][6] - The company aims to address critical energy constraints faced by data centers, particularly in Tier I and II markets, by providing innovative and scalable power solutions [2][9] Company Overview - Takanock was established in 2023 to tackle power shortages that limit data center development [2][8] - The company focuses on integrated power solutions that enhance grid stability and support renewable energy integration [9] Leadership and Expertise - Takanock is led by Kenneth Davies, who has extensive experience in energy and digital infrastructure, previously founding Google Energy and heading Microsoft's renewable strategy [3][4] - The leadership team's expertise is crucial for delivering innovative solutions to the power challenges in the data infrastructure sector [3][4] Strategic Partnerships - The partnership with ArcLight and DigitalBridge is significant for operationalizing digital power solutions in premier data center markets [4][5] - ArcLight and DigitalBridge bring operational capabilities and industry connectivity that will help Takanock accelerate time to power for new data center deployments [4][5] Innovative Solutions - Takanock provides flexible on-site power solutions that serve as prime power until substations are completed, reducing the burden on local utilities [4][6] - The company's solutions are designed to minimize environmental impact while enhancing grid support for renewable energy sources [5][9] Market Position and Growth - Since early 2024, Takanock has been assembling a strategic portfolio of sites across the U.S. and is executing digital power deployment under long-term contracts in Northern Virginia and Phoenix [6][9] - The company aims to meet the increasing compute-intensive needs of hyperscalers and large-scale data center operators [4][6]

Group 1 - The article discusses DigitalBridge Group (DBRG) and previously rated it a Hold due to concerns about management fees and the timing of announcements [1] - The analyst employs a value investing approach with a long-term perspective and does not write sell articles, focusing instead on potential long positions [1] - There is an indication that the analyst may initiate a beneficial long position in DBRG within the next 72 hours [2] Group 2 - The article emphasizes that past performance does not guarantee future results and does not provide specific investment recommendations [3]

Core Viewpoint - DigitalBridge (DBRG) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors play a role in this relationship, as they adjust their valuations based on earnings estimates, leading to buying or selling actions that affect stock prices [4]. DigitalBridge's Earnings Outlook - The upgrade for DigitalBridge reflects an improvement in its underlying business, with rising earnings estimates expected to drive the stock price higher [5][10]. - The Zacks Consensus Estimate for DigitalBridge has increased by 161.5% over the past three months, with expected earnings of $0.54 per share for the fiscal year ending December 2025, showing no year-over-year change [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - DigitalBridge's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].

Group 1 - DigitalBridge (DBRG) shares have increased by 11.8% over the past four weeks, closing at $10.63, with a mean price target of $16.65 indicating a potential upside of 56.6% [1] - The mean estimate consists of 10 short-term price targets with a standard deviation of $2.71, where the lowest estimate is $10.50 (1.2% decline) and the highest is $20 (88.2% increase) [2] - Analysts show strong agreement in revising earnings estimates higher, with the Zacks Consensus Estimate for the current year increasing by 26.9% over the past month [11][12] Group 2 - The Zacks Rank for DBRG is 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While price targets are often viewed as a key metric, they can mislead investors, and analysts may set overly optimistic targets due to business incentives [7][8] - A low standard deviation in price targets indicates a high degree of agreement among analysts regarding the stock's price movement, serving as a starting point for further research [9]

DigitalBridge Group (DBRG) 2025 Conference June 11, 2025 03:15 PM ET Speaker0 Good afternoon and thanks for joining us for our last fireside chat of the Morgan Stanley Financials Conference. I'm Stephanie Ma, member of the brokers, asset managers and exchanges team for Morgan Stanley Research. For our final session of the day, it's my pleasure to welcome Mark Gansey, CEO of Digital Bridge. Digital Bridge is a leading global alternative asset manager specializing in digital infrastructure investing with $100 ...

Core Viewpoint - Investors are encouraged to explore several REITs that are currently trading under $12 and have made it to the Zacks Rank 1 (Strong Buy) list, as these present favorable risk-to-reward opportunities amid a stock market rebound [1] Group 1: DigitalBridge Group (DBRG) - DigitalBridge Group focuses on investments in fiber networks, macro cell towers, and data centers, which are essential for the growth of 5G technology, cloud computing, and artificial intelligence [2] - The company has over $100 billion in assets and is projected to achieve over 20% EPS growth in fiscal years 2025 and 2026 [3] - DBRG stock has increased from a 52-week low of $6 in early April but remains 34% below its 52-week high of $17 from last October [3] Group 2: Invesco Mortgage Capital (IVR) - Invesco Mortgage Capital manages residential and commercial mortgage-backed securities and is currently trading at $7, which reflects a low valuation at just 3X forward earnings [5] - EPS is expected to decline to $2.26 this year from $2.88 in 2024, with a further projected dip of 12% in FY26, while offering an annual dividend yield of 18.5% [5][6] - The stock has a stable 52-week range, with a low of $5.86 and a high of $9.97, indicating less volatility [6] Group 3: New York Mortgage Trust (NYMT) - New York Mortgage Trust is trading at $6 and is expected to see a significant rebound in its bottom line, offering a generous annual dividend of 12.26% [7] - The stock trades at a reasonable forward earnings multiple of 10.5X and has a low-volatile 52-week range, making it appealing for investors [7][8] - EPS estimates for FY25 and FY26 have increased significantly over the last 60 days, supported by a leveraged portfolio of residential mortgage securities [8] Group 4: Honorable Mentions - Ares Commercial Real Estate (ACRE) and Braemar Hotels & Resorts (BHR) are trading under $5 and are also on the Zacks Rank 1 (Strong Buy) list, with expected positive adjusted EPS next year and annual dividends of 13.27% and 10%, respectively [9]

Financial Data and Key Metrics Changes - The meeting discussed the approval of the compensation of the company's named executive officers, which is detailed in the proxy statement [9][10] - The appointment of Ernst and Young LLP as the independent registered public accounting firm for 2025 was ratified [11][12] Business Line Data and Key Metrics Changes - No specific data or metrics regarding individual business lines were provided during the meeting Market Data and Key Metrics Changes - No specific market data or metrics were discussed during the meeting Company Strategy and Development Direction and Industry Competition - The company is focused on maintaining strong governance through the election of board members and the approval of executive compensation, indicating a commitment to strategic oversight [6][9] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting [20][21] Other Important Information - The meeting confirmed that all proposals were approved by the necessary votes, indicating shareholder support for the company's governance and operational decisions [18] Q&A Session Summary Question: Were there any questions from shareholders? - There were no questions submitted during the meeting [15][21]

Group 1 - DigitalBridge (DBRG) shares have increased by 7.9% over the past four weeks, closing at $8.74, with a mean price target of $16.65 indicating a potential upside of 90.5% [1] - The mean estimate consists of 10 short-term price targets with a standard deviation of $2.38, where the lowest estimate of $13 suggests a 48.7% increase, and the highest estimate predicts a surge of 128.8% to $20 [2] - Analysts show strong agreement on DBRG's ability to report better earnings than previously predicted, which supports the potential for stock upside [4][11] Group 2 - The Zacks Consensus Estimate for DBRG's current year earnings has increased by 23.5% over the last 30 days, with one estimate moving higher and no negative revisions [12] - DBRG holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating a strong potential for near-term upside [13] - While consensus price targets may not be reliable for predicting the extent of gains, they can provide a directional guide for price movement [13]

Financial Performance - Total revenues for the three months ended March 31, 2025, were $90,139 thousand, an increase of 23.5% compared to $72,955 thousand for the same period in 2024[15]. - Net loss attributable to DigitalBridge Group, Inc. was $14,855 thousand for the three months ended March 31, 2025, an improvement from a net loss of $30,766 thousand in the same period of 2024[17]. - The company reported a comprehensive income of $(12,626) thousand for the three months ended March 31, 2025, compared to $(31,520) thousand for the same period in 2024, indicating a significant reduction in losses[17]. - Net income for the three months ended March 31, 2025, was a loss of $14,855,000, compared to a loss of $30,766,000 for the same period in 2024, representing a 51.7% improvement year-over-year[26]. - The company reported a net cash increase of $47,808,000 in Q1 2025, contrasting with a decrease of $98,109,000 in Q1 2024[26]. - Net income from continuing operations attributable to common stockholders for Q1 2025 was $2.999 million, compared to a loss of $31.192 million in Q1 2024[123]. - The company reported a total net loss allocated to common stockholders of $(919,000) for Q1 2025, compared to a loss of $(44.322 million) in Q1 2024[123]. - Net income attributable to DigitalBridge Group, Inc. was $13.8 million in 2025, a turnaround from a loss of $(29.6) million in 2024, reflecting an improvement of $43.4 million[197]. Assets and Liabilities - Total assets decreased to $3,439,028 thousand as of March 31, 2025, from $3,513,318 thousand at December 31, 2024, representing a decline of approximately 2.1%[12]. - Total liabilities decreased to $974,263 thousand as of March 31, 2025, from $1,022,128 thousand at December 31, 2024, a reduction of about 4.7%[12]. - The company’s accumulated deficit increased to $(6,840,143) thousand as of March 31, 2025, compared to $(6,837,502) thousand at December 31, 2024[12]. - The total assets of the consolidated funds were $214.1 million as of March 31, 2025, compared to $209.8 million at December 31, 2024[155]. - The liabilities of the consolidated funds were $64.8 million as of March 31, 2025, up from $57.7 million at December 31, 2024[155]. Cash and Cash Equivalents - Cash and cash equivalents increased to $349,912 thousand as of March 31, 2025, up from $302,154 thousand at December 31, 2024, reflecting a growth of approximately 15.7%[12]. - Total cash, cash equivalents, and restricted cash at the end of Q1 2025 was $354,106,000, up from $252,141,000 at the end of Q1 2024, indicating a 40.5% increase[28]. Revenue and Fee Structure - Total fee revenue for Q1 2025 was $90.139 million, an increase of 23.5% from $72.955 million in Q1 2024[125]. - Management fees increased to $89.860 million in Q1 2025, up from $71.844 million in Q1 2024, representing a growth of 25.1%[125]. - Revenue concentration from three funds accounted for 66.6% of total management fees for Q1 2025[128]. - Fee revenue increased by $17.2 million or 24% to $90.1 million, driven by higher capital raised for the third flagship fund, contributing an additional $20.6 million in management fees[199]. Investments and Equity - The company’s principal investments totaled $1,343,859 thousand as of March 31, 2025, down from $1,391,316 thousand at December 31, 2024, reflecting a decrease of approximately 3.8%[55]. - The Company’s equity investments of consolidated funds were valued at $149,504 thousand as of March 31, 2025, compared to $146,423 thousand at the end of 2024, showing an increase of about 2.1%[104]. - The Company’s investments in consolidated funds included marketable equity securities valued at $86,350 thousand as of March 31, 2025, up from $83,269 thousand[55]. Compensation and Expenses - Compensation expense for equity-based compensation in continuing operations was $7.620 million for Q1 2025, down from $9.214 million in Q1 2024[147]. - Cash compensation decreased by $3.5 million in 2025, totaling $38.49 million compared to $41.97 million in 2024[208]. - Equity-based compensation fell by $1.6 million in 2025, amounting to $7.62 million, down from $9.21 million in 2024[209]. - Total expenses decreased to $55.3 million in 2025 from $83.9 million in 2024, attributed to higher reversals of unrealized carried interest compensation and lower administrative costs[207]. Market and Operational Insights - The company operates in the digital infrastructure sector, focusing on data centers, cell towers, and fiber networks[183]. - The company is exposed to various risks including market conditions, capital raising ability, and operational risks in foreign markets[179]. - The company had 324 employees as of March 31, 2025[184]. Other Financial Metrics - The Company has established a full valuation allowance for significant deferred tax assets as of March 31, 2025, due to realizability concerns[77]. - The Company’s accumulated other comprehensive income (AOCI) increased to $2,597 thousand by March 31, 2025, from $505 thousand at the end of 2024, reflecting a significant rise of approximately 414%[102]. - The fair value of secured fund fee revenue notes was $288.120 million as of March 31, 2025, slightly up from $285.760 million as of December 31, 2024[119].