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Galaxy Schedules Webcast and Investor Call to Review Third Quarter 2025 Results on October 21, 2025
Prnewswire· 2025-10-10 20:02
Group 1 - Galaxy Digital Inc. will report its third quarter 2025 financial results on October 21, 2025, before the opening of Nasdaq and the Toronto Stock Exchange [1] - CEO Michael Novogratz and management will host a conference call at 8:30 AM Eastern Time on the same day to update investors and analysts [1] - A live webcast of the conference call will be available on the Company's Investor Relations website and YouTube channel, with a replay accessible afterward [1] Group 2 - Galaxy Digital is a global leader in digital assets and data center infrastructure, providing solutions that enhance finance and artificial intelligence [2] - The Company offers institutional access to various services including trading, advisory, asset management, staking, self-custody, and tokenization technology [2] - Galaxy operates a significant data center infrastructure, including the 800 MW Helios campus in Texas, with an additional 2.7 GW of power under study, making it one of the largest data center developments in North America [2]
Can Rackspace (RXT) Reverse Its Slide with a New CEO at the Helm?
Yahoo Finance· 2025-09-30 18:05
Rackspace Technology Inc. (NASDAQ:RXT) is one of the worst-performing data center stocks in 2025. At the top of our list, Rackspace’s stock has declined by over 45% over the last year, and 2025 hasn’t been much different so far. The company has faced several challenges lately, including slowing growth, mounting losses, a lack of transformational deals, and significant leverage. The company is making efforts to stabilize its private cloud revenue and expand its presence in mid-market and enterprise segment ...
Can PRIM Capitalize on $1.7B Data Center Infrastructure Opportunity?
ZACKS· 2025-08-29 15:31
Core Insights - Primoris Services Corporation (PRIM) is focusing on large-scale infrastructure opportunities, particularly in data centers, as a significant growth avenue [1][2] - The company is actively pursuing over $1.7 billion in data center projects, leveraging its expertise in mission-critical infrastructure [2][10] - PRIM's revenue for Q2 2025 reached $1.89 billion, a 20.9% increase year-over-year, driven by growth in the Energy and Utilities segments [3][10] - The company's backlog improved to $11.5 billion, indicating strong future activity and confidence in addressing evolving infrastructure needs [3][4] Financial Performance - Revenues for Q2 2025 were $1.89 billion, up 20.9% year-over-year, primarily due to strong performance in Energy and Utilities [3][10] - The backlog at the end of Q2 2025 was $11.5 billion, supporting ongoing and future projects [3][10] - Earnings estimates for 2025 and 2026 have increased by 4.2% and 2.3%, respectively, indicating expected growth of 20.7% and 12.1% year-over-year [14] Market Position and Valuation - PRIM's shares have increased by 66.3% over the past three months, outperforming the Zacks Building Products - Heavy Construction industry's growth of 29.7% [9] - The company trades at a forward price-to-earnings ratio of 23.72X, slightly above the industry's 22.18X [12] - PRIM currently holds a Zacks Rank 1 (Strong Buy), reflecting positive market sentiment [15] Industry Trends - Rising demand for data centers is creating opportunities across the infrastructure sector, benefiting companies like EMCOR Group and MasTec [6] - EMCOR reported a 55.2% year-over-year revenue growth in its U.S. Electrical Construction segment, driven by data center construction [7] - MasTec experienced a 42% year-over-year increase in Communications revenues, supported by data center-related projects [8]
Willdan Group Vs Sterling Infrastructure: Which Engineering Stock is the Better Investment?
ZACKS· 2025-08-11 21:36
Core Insights - Willdan Group and Sterling Infrastructure exceeded Q2 expectations, reporting record revenue and net income driven by strong performance in high-growth infrastructure sectors [1][2] - Both companies raised their full-year guidance following strong Q2 results, indicating confidence in continued growth [3] Willdan Group Summary - Willdan raised its full-year targets for net revenue to $340-$350 million, Adjusted EPS to $3.50-$3.65, and Adjusted EBITDA to $70-$73 million [4] - The company secured significant contracts, including a $30 million deal with the City of Fairfield and a $20 million contract with National Grid [4] - Willdan's stock has increased nearly +200% year to date, with a three-year growth of over +380% [9] Sterling Infrastructure Summary - Sterling raised its full-year revenue guidance to $2.10-$2.15 billion, net income to $243-$252 million, and adjusted EPS to $9.21-$9.47 [5] - The company has a backlog exceeding $2 billion, focusing on high-margin projects in states like Utah, Colorado, and Texas [5] - Sterling's stock has risen over +70% year to date, with a three-year increase of over +260% [9] Strategic Acquisitions - Both companies are expanding into data center infrastructure, capitalizing on advancements in artificial intelligence [6] - Willdan acquired Alternative Power Generation to enhance its capabilities for AI data centers and EV charging stations [7] - Sterling plans to acquire CEC Facilities Group to expand its electrical contracting services for semiconductors and data centers [8] Valuation Analysis - Both companies forecast high-double digit EPS growth, with Sterling having a P/E valuation of 34X forward earnings compared to Willdan's 40.3X [10] - Willdan's stock is closer to an optimal sales level of less than 2X, while Sterling's is at 4.3X [11] - Despite raising guidance, Willdan's top line is expected to dip at least 38% after a record year, while Sterling is projected to maintain or reach peak annual sales [11] Conclusion - Willdan Group and Sterling Infrastructure are positioned as top engineering companies for investment, with Sterling's stronger financials offering more appeal [12] - Both companies' ventures into data center infrastructure suggest long-term viability as investments [13]
NVIDIA: A Major Indicator Just Flashed Sell, But Should You?
MarketBeat· 2025-07-30 14:20
Core Viewpoint - NVIDIA's stock has experienced a remarkable 100% increase since April, reaching a market capitalization of $4 trillion, but technical indicators suggest potential downward momentum [1][3][11]. Technical Indicators - The Moving Average Convergence Divergence (MACD) has recently shown a bearish crossover, indicating a possible shift to downward momentum for NVIDIA's stock [3][4]. - The Relative Strength Index (RSI) is at 71, suggesting that the stock is extremely overbought, which often precedes a short-term price correction [6][7]. Valuation Concerns - NVIDIA's price-to-earnings (P/E) ratio has surged from 35 in April to nearly 60, raising concerns about the sustainability of its valuation and the necessity for strong earnings in the upcoming report [8][9]. Analyst Sentiment - Despite the technical warnings, analyst sentiment remains positive, with a 12-month stock price forecast averaging $181.22, indicating a potential upside of 3.25% [10]. - Major firms like Jefferies and Bank of America have reiterated their Buy ratings, with price targets as high as $220, suggesting further upside potential of at least 25% from current levels [11]. Strategic Positioning - NVIDIA continues to be a leader in graphics processing, data center infrastructure, and custom AI chips, making it a key player in the AI megatrend [11][12].
Can EMCOR's Data Center Expansion Fuel Long-Term Growth?
ZACKS· 2025-06-30 14:40
Core Insights - EMCOR Group, Inc. (EME) is experiencing significant growth in the data center sector, driven by long-term demand in the digital infrastructure ecosystem [1][3] - The company has expanded its presence in U.S. data center markets through organic growth and strategic acquisitions, with total remaining performance obligations reaching $11.75 billion, a 28.1% year-over-year increase [1][8] - Demand from hyperscale and enterprise clients, particularly for cloud services and generative AI workloads, is a key driver of this growth [2][8] Company Performance - EMCOR's data center work surged 112% year-over-year, contributing $3.6 billion to its total backlog [1][8] - The company operates in over 16 electrical and mechanical geographies, up from five years ago, indicating substantial market expansion [2] - EMCOR's prefabrication and virtual design capabilities position it well for large-scale data center projects, with strong client visibility extending into 2026 [3] Industry Context - Other industry players like Comfort Systems USA (FIX) and MasTec, Inc. (MTZ) are also poised to benefit from the growing demand for data center infrastructure [4] - Comfort Systems reported a record first-quarter 2025 with earnings up over 75% and revenues rising 19% year-over-year, supported by a backlog of $6.9 billion [5] - MasTec is capitalizing on the rapid expansion of data center development, driven by investments in power infrastructure and fiber connectivity [6] Stock Performance and Valuation - EMCOR's stock has increased by 43.6% in the past three months, outperforming the Zacks Building Products - Heavy Construction industry's 39.5% rise [7] - The stock is currently trading at a premium with a forward 12-month price-to-earnings ratio of 21.64X [10] - Earnings estimates for 2025 and 2026 remain unchanged at $23.59 and $25.47 per share, indicating year-over-year growth of 9.6% for 2025 and 8% for 2026 [12]
2 Brilliant Stocks to Profit from the AI Infrastructure Boom
The Motley Fool· 2025-06-26 08:05
Core Insights - The global technology infrastructure is undergoing significant development, particularly in artificial intelligence (AI), leading to a substantial increase in data center construction [1] - The data center construction market is projected to grow from $240 billion in 2024 to $456 billion by 2030, while the AI server market could increase to $430 billion by 2033 [1] Company Analysis: Applied Digital - Applied Digital is a small company with $221 million in trailing-12-month revenue and a market cap of $2.2 billion, focusing on building and operating data centers [4] - The company has 286 megawatts of capacity for crypto mining at two locations in North Dakota, currently operating at full capacity [5] - Although not yet profitable, Applied Digital is expected to achieve profitability as new facilities open and revenue increases, with a new facility in Ellendale, North Dakota, scheduled for Q4 2025 [6] - A partnership with Macquarie Asset Management involves an investment of up to $5 billion to expand its Ellendale campus, allowing for over 2 gigawatts of data center capacity [7] - The potential sale of its cloud hosting business, which constitutes a third of its revenue, could enable Applied Digital to focus on its data center business and possibly transition to a data center real estate investment trust (REIT) [8] - Revenue grew by 22% year over year in Q1, indicating a positive outlook for the company [8] Company Analysis: Dell Technologies - Dell Technologies is a leading supplier of servers globally, with its server business expected to surpass its PC business in the coming years [9] - Revenue from infrastructure solutions, including AI-optimized servers, grew by 12% year over year in Q1, making up 44% of total revenue [10] - The server and networking revenue increased by 16%, with segment operating income rising by 36% compared to the previous year [10] - Order bookings for AI servers reached $12 billion last quarter, exceeding all shipments from the previous fiscal year, with a backlog of $14.4 billion [11] - Despite a total revenue growth of only 5% year over year, improving margins in the infrastructure segment led to a 17% increase in earnings per share [13] - The stock trades at a forward price-to-earnings (P/E) multiple of around 12.5, reflecting sluggish growth in the PC business but indicating potential for higher returns as the infrastructure business expands [12][14]
EME Stock Climbs 12% Post Q1: Can Data Centers Fuel Further Growth?
ZACKS· 2025-05-27 13:31
Core Viewpoint - EMCOR Group, Inc. is benefiting from increasing infrastructural demand in the network and communications sector, particularly in data centers, healthcare, and water and wastewater markets [1] Financial Performance - Since the first-quarter 2025 earnings release, EME stock has increased by 12.2%, outperforming the broader Construction sector and the S&P 500 index [2] - The company raised the lower range of its non-GAAP diluted EPS for 2025 due to robust market trends [4] - The U.S. Construction segment contributed 68.8% to total revenues, growing by 21.3% year over year [9] - Operating income grew by 22.6% year over year, with operating margin expanding by 60 basis points to 8.2% [11] Return on Equity - EMCOR's trailing 12-month return on equity (ROE) is significantly better than the industry average, indicating efficient use of shareholders' funds [5] - Compared to peers, EMCOR's ROE is superior, with Quanta Services, Sterling Infrastructure, and MasTec showing ROEs of 18.1%, 26.6%, and 11.7% respectively [7] Market Drivers - Increased demand for data center infrastructure is driven by the rise in Artificial Intelligence applications and digital transformation initiatives [8] - The CHIPS and Science Act passed in 2022 supports investments in chip production and workforce development, further boosting demand [8] Operational Efficiency - EMCOR focuses on reducing its cost structure and improving operational performance through efficient project execution and a favorable mix of work [10] - The company aims to enhance operational efficiency in its U.S. Building services segment by leveraging profitability across HVAC retrofits and building automation projects [11] Capital Allocation - EMCOR's balanced capital allocation approach includes 42.4% of free cash allocated to acquisitions, 9.4% to capital expenditures, 4.6% to dividends, and 43.6% to share repurchases [13] - This strategy aims to maintain a balance between business reinvestments and shareholder returns [12] Earnings Estimates - Analysts have revised 2025 and 2026 earnings estimates upward due to favorable market fundamentals and operational efficiency improvements [14] - The earnings estimate for 2025 indicates a 9.8% year-over-year growth, while 2026 implies an 8.1% rise [15] Stock Performance - EME stock is trading above both the 50-day and 200-day simple moving averages, indicating a bullish trend [16] - The stock is currently trading at a premium compared to industry peers on a forward 12-month price-to-earnings (P/E) ratio basis [18] Analyst Recommendations - Analysts show optimism for EME stock, with three out of five recommendations indicating a "Strong Buy" [22] - Based on the discussed trends and technical indicators, EMCOR is considered a solid addition to investment portfolios [25]
Why AI Stock Applied Digital Stock Surged More Than 10% Higher Today
The Motley Fool· 2025-05-22 23:01
Core Viewpoint - Applied Digital's stock price surged over 10% following a bullish coverage initiation by an analyst, despite the S&P 500 index remaining flat during the trading session [1]. Group 1: Analyst Recommendation - Citizens JMP's Greg Miller initiated coverage of Applied Digital with a market outperform (buy) recommendation and set a price target of $12 per share [2]. - The price target represents a potential upside of over 60% from the stock's recent closing level [4]. Group 2: Company Transformation - Miller believes that Applied Digital's shift from Bitcoin mining infrastructure to data center focus is a strategic move that will yield benefits soon, with expectations of signing a hyperscaler client shortly [5]. - The transition to data center infrastructure is seen as advantageous, particularly due to the increasing demand for facilities that support the higher resource needs of artificial intelligence functionalities [6].
Data Center Stock Soars on Beat-and-Raise
Schaeffers Investment Research· 2025-04-23 14:58
Core Insights - Vertiv Holdings Co (NYSE:VRT) stock increased by 16.4% to $83.60 following better-than-expected first-quarter earnings and revenue, along with an upward revision of full-year sales guidance, driven by strong demand for data center infrastructure to support artificial intelligence (AI) [1] Group 1: Stock Performance - The stock is currently trading at its highest level since late March, although it remains 48% below its record high of $155.81 from January 24, and has a year-to-date deficit of 24% [2] - Shares are testing their 50-day moving average, which has not been cleared on a closing basis since a late January bear gap [2] Group 2: Options Activity - Vertiv stock has experienced significant options activity with 28,000 calls and 9,992 puts traded, which is triple the typical overall options volume for this time [3] - The most popular option is the weekly 4/25 90-strike call, with new positions being opened [3] Group 3: Sentiment Shift - There has been a notable shift in trader sentiment, as puts were more popular prior to the recent surge in call activity, indicated by a 10-day put/call volume ratio of 1.05, ranking higher than 95% of readings from the past year [4]