Based on ratings from 1 stock analysts, the Mawson Infrastructure Group, Inc. stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Mawson Infrastructure Group, Inc.. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.
Mawson Infrastructure Group, Inc. has a total of 1 Wall St Analyst ratings. There are 0 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a hold consensus rating, the expectation is that Mawson Infrastructure Group, Inc. will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of MIGI.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Kevin Dede HC Wainwright & Co. | Neutral | Reiterates | Aug 21, 2024 | |
Kevin Dede HC Wainwright & Co. | Neutral | Downgrade | Jul 31, 2024 | |
Kevin Dede HC Wainwright & Co. | Buy | $3 | Reiterates | May 22, 2024 |
Kevin Dede HC Wainwright & Co. | Buy | $3 | Reiterates | Apr 4, 2024 |
Josh Siegler Cantor Fitzgerald | Neutral | $1 | Reiterates | Apr 1, 2024 |
Josh Siegler Cantor Fitzgerald | Neutral | $1 | Reiterates | Sep 5, 2023 |
Josh Siegler Cantor Fitzgerald | Neutral | $1 | Reiterates | Aug 28, 2023 |
Kevin Dede HC Wainwright & Co. | Buy | $3 | Reiterates | Aug 24, 2023 |
Josh Siegler Cantor Fitzgerald | Neutral | $1 | Downgrade | Aug 24, 2023 |
Josh Siegler Cantor Fitzgerald | Overweight | $12 | Reiterates | Mar 27, 2023 |
HC Wainwright & Co. | Buy | Maintains | Sep 13, 2022 | |
HC Wainwright & Co. | Buy | Maintains | Aug 24, 2022 | |
Josh Siegler Cantor Fitzgerald | Overweight | $12 | Assumes | Jun 28, 2022 |
Mike Colonnese Cantor Fitzgerald | Overweight | $12 | Initiates | Mar 30, 2022 |
HC Wainwright & Co. | Buy | Maintains | Mar 22, 2022 | |
HC Wainwright & Co. | Buy | Maintains | Mar 7, 2022 | |
HC Wainwright & Co. | Buy | Maintains | Nov 22, 2021 | |
HC Wainwright & Co. | Buy | Maintains | Oct 29, 2021 | |
HC Wainwright & Co. | Buy | Initiates | Jun 1, 2021 |
When did it IPO
2021
Staff Count
30
Country
United States
Sector/Industry
Financial Services/Capital Markets
CEO
Mr. Rahul Mewawalla
Market Cap
$38.9M
In 2023, MIGI generated $43.6M in revenue, which was a decrease of -48.37% from the previous year. This can be seen as a signal that MIGI's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Mawson Infrastructure Group (NASDAQ: MIGI) clarified that a media report claiming it filed for Chapter 11 bankruptcy is false, affirming its focus on digital infrastructure for AI and HPC.
Why It Matters - Clarification of false bankruptcy claims can stabilize Mawson's stock price, reduce investor panic, and maintain market confidence in its operations and future growth potential.
Summary - Mawson Infrastructure Group reported a 49% year-over-year increase in total monthly revenue and an 18% month-over-month increase from September 2024. Digital colocation revenue rose 18%, and digital assets mining revenue grew 25%.
Why It Matters - Strong revenue growth signals robust demand for Mawson's services, enhancing investor confidence and potentially driving stock prices higher. Positive momentum in digital colocation and mining boosts outlook.
Summary - Mawson Infrastructure Group Inc. (NASDAQ: MIGI) will participate in the Roth 13th Annual Technology Conference on November 19-20, 2024, in New York, with CEO Rahul Mewawalla attending.
Why It Matters - Mawson's participation in a major tech conference signals potential growth and investor interest in its AI and digital asset initiatives, which could influence stock performance.
Summary - Mawson Infrastructure Group (NASDAQ: MIGI) reported Q3 2024 revenue growth: Digital Colocation up 222% Y/Y, Energy Management up 33% Y/Y, and total revenue up 50% YTD.
Why It Matters - Mawson Infrastructure's significant revenue growth in digital colocation and energy management indicates strong demand, enhancing investor confidence and potential for future profitability.
Summary - Mawson Infrastructure Group reported a 65% increase in total monthly revenue year-over-year, with energy management revenue up 271%. Its digital colocation business reached multi-million dollar monthly revenue. Phase 1 of its Ohio facility construction is complete, increasing total capacity to 153 MW.
Why It Matters - Mawson's significant revenue growth and successful facility expansion indicate strong demand in the AI and digital infrastructure sectors, potentially enhancing investor confidence and stock performance.
Summary - Mawson Infrastructure Group (NASDAQ: MIGI) reported a 166% YoY increase in digital colocation revenue for August 2024. They signed a 6-year AI colocation deal worth $285M and expanded to Ohio with 24 MW planned.
Why It Matters - Strong revenue growth and strategic expansion into AI and HPC increase Mawson's market position, indicating potential for sustained profitability and attracting investor interest.