Chardan Capital Maintains Buy on QumulusAI, Lowers Price Target to $23
Chardan Capital analyst Bill Papanastasiou maintains QumulusAI (NASDAQ:QMLS) with a Buy and lowers the price target from $24.5 to $23.
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QumulusAI shares are trading lower after the company announced it signed a two-year agreement, valued at more than $32 million, to supply NVIDIA Blackwell B300 capacity to an AI inference platform provider focused on generative AI applications.
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Read original at benzinga8-K filing — QumulusAI, Inc. (QMLS)
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Read original at edgarQumulusAI Q2 EPS $(0.72), Sales $6.713M
QumulusAI (NASDAQ:QMLS) reported quarterly losses of $(0.72) per share. The company reported $6.713 million in sales this quarter.
Read original at benzinga