Host Digital (HOST)
Market Price (9/21/2026): $8.17 | Market Cap: $-Sector: Information Technology | Industry: Systems Software
Host Digital (HOST)
Market Price (9/21/2026): $8.17Market Cap: $-Sector: Information TechnologyIndustry: Systems Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include Artificial Intelligence, E-commerce Logistics & Data Centers, and Datacenter Power. Themes include Data Centers & Infrastructure, Show more. | Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% Weak multi-year price returns2Y Excs Rtn is -36%, 3Y Excs Rtn is -71% | Key risksHOST key risks include [1] execution and delivery failure of its foundational 43 MW Oklahoma facility, Show more. |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, E-commerce Logistics & Data Centers, and Datacenter Power. Themes include Data Centers & Infrastructure, Show more. |
| Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% |
| Weak multi-year price returns2Y Excs Rtn is -36%, 3Y Excs Rtn is -71% |
| Key risksHOST key risks include [1] execution and delivery failure of its foundational 43 MW Oklahoma facility, Show more. |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| HOST Return | - | - | - | - | - | - | - |
| Peers Return | 43% | -22% | 29% | 24% | -12% | 25% | 98% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| HOST Win Rate | - | - | - | - | - | - | |
| Peers Win Rate | 73% | 40% | 65% | 62% | 44% | 56% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| HOST Max Drawdown | - | - | - | - | - | - | |
| Peers Max Drawdown | -17% | -37% | -22% | -20% | -26% | -14% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: EQIX, DLR, AMT, IRM.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/18/2026 (YTD)
How Low Can It Go
HOST has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -25.7% | -18.8% |
| % Gain to Breakeven | 34.5% | 23.1% |
| Time to Breakeven | 65 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -17.0% | -7.8% |
| % Gain to Breakeven | 20.4% | 8.5% |
| Time to Breakeven | 92 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -10.0% | -9.5% |
| % Gain to Breakeven | 11.2% | 10.5% |
| Time to Breakeven | 15 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.1% | -24.5% |
| % Gain to Breakeven | 49.5% | 32.4% |
| Time to Breakeven | 246 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.2% | -33.7% |
| % Gain to Breakeven | 45.2% | 50.9% |
| Time to Breakeven | 78 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.8% | -19.2% |
| % Gain to Breakeven | 31.2% | 23.8% |
| Time to Breakeven | 100 days | 105 days |
In The Past
State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
HOST has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -25.7% | -18.8% |
| % Gain to Breakeven | 34.5% | 23.1% |
| Time to Breakeven | 65 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.1% | -24.5% |
| % Gain to Breakeven | 49.5% | 32.4% |
| Time to Breakeven | 246 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.2% | -33.7% |
| % Gain to Breakeven | 45.2% | 50.9% |
| Time to Breakeven | 78 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.8% | -19.2% |
| % Gain to Breakeven | 31.2% | 23.8% |
| Time to Breakeven | 100 days | 105 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -51.5% | -53.4% |
| % Gain to Breakeven | 106.2% | 114.4% |
| Time to Breakeven | 797 days | 1085 days |
In The Past
State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Host Digital (HOST)
AI Analysis | Feedback
AI Analysis | Feedback
AI Analysis | Feedback
AI Analysis | Feedback
AI Analysis | Feedback
AI Analysis | Feedback
Host Digital (symbol: HOST) is a pure-play, vertically integrated digital infrastructure platform primarily focused on artificial intelligence (AI) and high-performance computing (HPC) data centers.
The key risks to Host Digital's business are:
- Severe Liquidity and Going Concern Doubt: Host Digital faces substantial financial challenges, including having no cash, significant net losses, and a considerable working capital deficit. The company's operations are largely sustained by sponsor equity and related-party advances. Auditors and management have expressed significant doubt about Host Digital's ability to continue as a going concern unless it successfully secures additional capital and project financing.
- Dependence on Capital Raises and Project Financing: Directly related to its liquidity issues, the company's ability to maintain and grow its operations is contingent on its success in raising capital and securing financing for its data center projects. Failure to do so could severely impact its business continuity.
- Reliance on the Growth and Stability of the AI/HPC Data Center Market: As a specialized digital infrastructure platform, Host Digital's business success is intrinsically tied to the evolving demand and sustained growth of the artificial intelligence and high-performance computing markets. Any slowdown or significant shift in these sectors could impact the demand for its data center services.
AI Analysis | Feedback
AI Analysis | Feedback
Host Digital (symbol: HOST) operates in two primary markets: an AI/HPC-focused data center platform and legacy natural and organic grocery operations.
Addressable Markets for Host Digital's Main Products or Services:
-
AI/HPC-Focused Data Center Platform
The global AI Data Center market was valued at approximately USD 145.58 billion in 2025 and is projected to reach USD 983.48 billion by 2034, expanding at a Compound Annual Growth Rate (CAGR) of 23.65% from 2026 to 2034. North America held the largest share of this market, accounting for 38.60% in 2025.
-
Natural and Organic Grocery Operations
The global natural and organic food market was valued at USD 254.84 billion in 2025 and is predicted to increase from USD 284.41 billion in 2026 to approximately USD 712.41 billion by 2035, expanding at a CAGR of 10.83%.
In the U.S., sales of certified organic products reached a record USD 76.6 billion in 2025, with organic food sales alone accounting for USD 70.1 billion. The U.S. organic food market is projected to reach USD 94.2 billion by 2026.
AI Analysis | Feedback
Here are 3-5 expected drivers of future revenue growth for Host Digital (symbol: HOST) over the next 2-3 years:
- Expansion of Data Center Infrastructure: Host Digital is focused on the development, acquisition, ownership, and operation of data centers, with a particular emphasis on supporting artificial intelligence (AI) and high-performance computing (HPC) workloads. The company plans to use proceeds from recent stock offerings for data center investments and capital expenditures to fuel this expansion.
- Strategic Acquisitions and Development Pipeline: The company has secured a two-year Preferential Rights Agreement with Host Infrastructure Holdings, which provides rights of first offer and first refusal on sponsor-affiliated project site subsidiaries. This agreement enhances Host Digital's visibility into a potential development and acquisition pipeline, suggesting growth through strategic additions to its digital infrastructure portfolio.
- Increased Demand for AI and High-Performance Computing: Given Host Digital's specialized focus on data centers that support AI and HPC workloads, a continued increase in demand for these advanced computing capabilities will directly drive revenue growth for the company's digital infrastructure services.
- Growth in Natural and Organic Grocery Store Segment: Host Digital also owns and operates a portfolio of natural and organic grocery stores through its wholly-owned subsidiaries, consisting of 19 locations across six states. Sustained performance or expansion within this established retail segment will continue to contribute to the company's overall revenue.
AI Analysis | Feedback
Share Issuance
- Host Digital Inc. priced an underwritten public offering of 2,187,500 Class A common shares at $8.00 per share on September 17, 2026, expected to generate $17.5 million in gross proceeds.
- Underwriters have a 30-day option to purchase up to an additional 328,125 shares for approximately $2.6 million.
- In connection with its reverse merger, Host Digital Inc. issued 25,085,454 shares of common stock and pre-funded warrants exercisable for 19,888,093 shares to legacy Host Digital Infrastructure LLC members, who now hold about 96.4% of the outstanding common stock.
Inbound Investments
- Host Digital Infrastructure LLC completed a reverse merger with Healthy Choice Wellness Corp. (formerly HCWC), with Host Digital Infrastructure LLC becoming a wholly owned subsidiary on September 17, 2026.
- Host Digital secured a 15-year AI data center lease for 43 MW, representing approximately $1.25 billion in base-term contracted revenue, with delivery to the tenant expected in the first half of 2027.
Capital Expenditures
- Net proceeds from the recent $17.5 million stock offering are intended for data center investments, general and administrative expenses, capital expenditures, working capital, and other general corporate purposes.
- Host Digital's strategy involves the development, acquisition, ownership, and operation of institutional-quality data centers in the United States, focusing on supporting artificial intelligence (AI) and high-performance computing (HPC) workloads.
- The company's approach prioritizes sites with existing or near-term access to power, right-sized development opportunities, and long-term contracts with strong or credit-enhanced counterparties.
Peer Outperformance in Systems Software
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Electronic Manufacturing Services | 9 | 54.5% | 185.9% | 278.9% | TTMI 845% · FLEX 734% · SANM 435% |
| Technology Distributors | 9 | 30.1% | 72.9% | 99.7% | CLMB 337% · AVT 199% · SNX 156% |
| Semiconductor Materials & Equipment | 26 | 90.9% | 83.7% | 97.5% | AXTI 792% · AEHR 738% · KLAC 421% |
| Communications Equipment | 36 | 16.3% | 86.8% | 75.8% | AAOI 1451% · FEIM 1030% · LITE 1005% |
| Electronic Components | 26 | 31.5% | 70.6% | 70.4% | CLS 4032% · BELFA 1349% · COHR 435% |
| Technology Hardware, Storage & Peripherals | 20 | 31.9% | 90.0% | 47.2% | DELL 1150% · STX 1112% · WDC 969% |
| Semiconductors | 55 | 23.7% | 33.9% | 40.8% | POET 1815% · MU 1344% · NVDA 951% |
| Internet Services & Infrastructure | 6 | 7.5% | 49.3% | 33.5% | DOCN 64% · VRSN 44% · GDDY 38% |
| Electronic Equipment & Instruments | 26 | -16.0% | 9.2% | -10.0% | PI 225% · OSIS 117% · ACFN 108% |
| IT Consulting & Other Services | 28 | -24.6% | -9.9% | -29.0% | CHRN 537268% · APLD 1265% · TSSI 669% |
| Application Software | 123 | -30.5% | -13.3% | -45.3% | VIDA 176264% · INLX 5435% · PLTR 567% |
| Systems Software ← | 68 | -19.6% | 12.4% | -54.0% | QNC 478% · ZETA 406% · PANW 361% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 173.98 |
| Mkt Cap | 91.0 |
| Rev LTM | 8,684 |
| Op Inc LTM | 1,910 |
| FCF LTM | 1,185 |
| FCF 3Y Avg | 999 |
| CFO LTM | 3,455 |
| CFO 3Y Avg | 2,970 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 13.7% |
| Rev Chg 3Y Avg | 9.7% |
| Rev Chg Q | 17.4% |
| QoQ Delta Rev Chg LTM | 4.1% |
| Op Inc Chg LTM | 34.0% |
| Op Inc Chg 3Y Avg | 17.0% |
| Op Mgn LTM | 21.8% |
| Op Mgn 3Y Avg | 20.3% |
| QoQ Delta Op Mgn LTM | 1.5% |
| CFO/Rev LTM | 42.0% |
| CFO/Rev 3Y Avg | 39.2% |
| FCF/Rev LTM | 11.1% |
| FCF/Rev 3Y Avg | 10.0% |
Price Behavior
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | ||||||
| Up Beta | � | � | � | � | � | � |
| Down Beta | � | � | � | � | � | � |
| Up Capture | 0% | 0% | 0% | 0% | 0% | 0% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | ||||||
| Down Capture | -0% | -0% | -0% | -0% | -0% | -0% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HOST | |
|---|---|---|---|---|
| HOST | - | - | - | - |
| Sector ETF (XLK) | 40.5% | 26.4% | 1.25 | - |
| Equity (SPY) | 16.9% | 12.9% | 0.94 | - |
| Gold (GLD) | 19.1% | 29.3% | 0.60 | - |
| Commodities (DBC) | 46.3% | 20.6% | 1.73 | - |
| Real Estate (VNQ) | 4.9% | 13.6% | 0.10 | - |
| Bitcoin (BTCUSD) | -30.6% | 44.3% | -0.70 | - |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HOST | |
|---|---|---|---|---|
| HOST | - | - | - | - |
| Sector ETF (XLK) | 20.2% | 25.9% | 0.69 | - |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | - |
| Gold (GLD) | 19.1% | 18.8% | 0.83 | - |
| Commodities (DBC) | 11.2% | 19.5% | 0.45 | - |
| Real Estate (VNQ) | 1.1% | 18.8% | -0.05 | - |
| Bitcoin (BTCUSD) | 12.5% | 52.5% | 0.42 | - |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HOST | |
|---|---|---|---|---|
| HOST | - | - | - | - |
| Sector ETF (XLK) | 24.4% | 25.0% | 0.88 | - |
| Equity (SPY) | 15.1% | 18.0% | 0.72 | - |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | - |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | - |
| Real Estate (VNQ) | 4.4% | 20.7% | 0.18 | - |
| Bitcoin (BTCUSD) | 62.6% | 66.2% | 1.02 | - |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 01/31/2026 | 05/29/2026 | PREM14A |
| Report Date | Filing Date | Filing |
|---|---|---|
| 01/31/2026 | 05/29/2026 | PREM14A |
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Systems Software Resources |
| CNET |
| ZDNet |
| Gartner |
| Software Development Times |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.