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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The agreement marks the company’s first deployment of a new monetization strategy for its reserve NVIDIA Blackwell GPU capacity, pairing market-rate compute revenue with a share of the customer’s trading profits and no
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Chardan Capital analyst Bill Papanastasiou maintains QumulusAI (NASDAQ:QMLS) with a Buy and lowers the price target from $24.5 to $23.
Read original at benzingaThe amendment replaces a single five-year renewal option with three consecutive five-year renewal options, giving the company long-dated control of all 19 MW of contracted power at the location.QumulusAI (NASDAQ:QMLS),
Read original at benzingaFiled: 2026-08-25 AccNo: 0001437749-26-028918 Size: 768 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
Read original at edgarQumulusAI (NASDAQ:QMLS) reported quarterly losses of $(0.72) per share. The company reported $6.713 million in sales this quarter.
Read original at benzinga