This Penny Stock Is Surging on Supercomputer and Bitcoin Plans. Should You Buy It Now?

Core Viewpoint - Datavault AI (DVLT) shares surged approximately 60% following a $150 million strategic investment from Scilex Holding, which is expected to enhance its supercomputing infrastructure and facilitate the launch of independent data exchanges in the U.S. [1][3] Group 1: Investment Impact - The Scilex investment is perceived as a significant endorsement of Datavault's long-term vision, boosting investor confidence [3][4] - The funding will accelerate the development of supercomputing infrastructure, essential for scaling AI and blockchain-enabled data monetization [3][4] - The partnership is anticipated to unlock new revenue streams related to high-performance computing and tokenized data assets [4] Group 2: Stock Performance - Following the investment announcement, DVLT stock is trading nearly 350% higher than its low on September 4 [2] - Despite the positive momentum, DVLT remains a penny stock, which may lead to high volatility and potential rapid reversals in gains [5] Group 3: Analyst Coverage and Future Outlook - Currently, DVLT is covered by only one Wall Street analyst, indicating limited institutional scrutiny and visibility [5] - The analyst rates DVLT as a "Strong Buy" with a price target of $3, suggesting a potential upside of over 100% from current levels [6] - The Scilex-backed pivot could signify a turning point for Datavault's AI-driven growth and enhance its credibility among investors [7]