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): $8.17
Market Cap: $-
Sector: Information Technology
Industry: Systems Software

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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Megatrend and thematic drivers
Megatrends include Artificial Intelligence, E-commerce Logistics & Data Centers, and Datacenter Power. Themes include Data Centers & Infrastructure, Show more.

Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

Weak multi-year price returns
2Y Excs Rtn is -36%, 3Y Excs Rtn is -71%

Key risks
HOST key risks include [1] execution and delivery failure of its foundational 43 MW Oklahoma facility, Show more.

0 Megatrend and thematic drivers
Megatrends include Artificial Intelligence, E-commerce Logistics & Data Centers, and Datacenter Power. Themes include Data Centers & Infrastructure, Show more.
1 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
2 Weak multi-year price returns
2Y Excs Rtn is -36%, 3Y Excs Rtn is -71%
3 Key risks
HOST key risks include [1] execution and delivery failure of its foundational 43 MW Oklahoma facility, Show more.

Valuation & Metrics

Price Chart

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
HOST Return-------
Peers Return43%-22%29%24%-12%25%98%
S&P 500 Return27%-19%24%23%16%12%103%

Monthly Win Rates [3]
HOST Win Rate------ 
Peers Win Rate73%40%65%62%44%56% 
S&P 500 Win Rate75%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.

EventXLKS&P 500
2025 US Tariff Shock
  % Loss-25.7%-18.8%
  % Gain to Breakeven34.5%23.1%
  Time to Breakeven65 days79 days
2024 Yen Carry Trade Unwind
  % Loss-17.0%-7.8%
  % Gain to Breakeven20.4%8.5%
  Time to Breakeven92 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-10.0%-9.5%
  % Gain to Breakeven11.2%10.5%
  Time to Breakeven15 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-33.1%-24.5%
  % Gain to Breakeven49.5%32.4%
  Time to Breakeven246 days427 days
2020 COVID-19 Crash
  % Loss-31.2%-33.7%
  % Gain to Breakeven45.2%50.9%
  Time to Breakeven78 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.8%-19.2%
  % Gain to Breakeven31.2%23.8%
  Time to Breakeven100 days105 days

Compare to EQIX, DLR, AMT, IRM

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.

EventXLKS&P 500
2025 US Tariff Shock
  % Loss-25.7%-18.8%
  % Gain to Breakeven34.5%23.1%
  Time to Breakeven65 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-33.1%-24.5%
  % Gain to Breakeven49.5%32.4%
  Time to Breakeven246 days427 days
2020 COVID-19 Crash
  % Loss-31.2%-33.7%
  % Gain to Breakeven45.2%50.9%
  Time to Breakeven78 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.8%-19.2%
  % Gain to Breakeven31.2%23.8%
  Time to Breakeven100 days105 days
2008-2009 Global Financial Crisis
  % Loss-51.5%-53.4%
  % Gain to Breakeven106.2%114.4%
  Time to Breakeven797 days1085 days

Compare to EQIX, DLR, AMT, IRM

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)

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AI Analysis | Feedback

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AI Analysis | Feedback

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AI Analysis | Feedback

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AI Analysis | Feedback

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AI Analysis | Feedback

Following the reverse merger completed on September 17, 2026, Host Digital Inc. (symbol: HOST) is a public company focused on AI/HPC data centers, while also retaining its natural and organic grocery operations. The management team members are: Harmol Samra Chief Executive Officer Harmol Samra has over a decade of experience in real estate private equity and digital infrastructure development. He previously held roles at ICONIQ Capital and Starwood Capital. Samra was instrumental in building and overseeing IPI Partners, a data center portfolio that encompassed 82 data centers and over 2.2 gigawatts of leased capacity globally at the time of its sale to Blue Owl in 2024. John Ollet Chief Financial Officer John Ollet serves as the Chief Financial Officer and Director. He is also the Chief Financial Officer at Healthier Choices Management Corp. Ollet's prior experience includes serving as Chief Financial Officer at Koninklijke Luchtvaart Maatschappij NV (KLM Royal Dutch Airlines NV), Executive Vice President-Finance at Global Industrial Co. from 2006 to 2016, and Chief Financial Officer & Vice President at Alpha Cargo Airlines, Inc. from 2006 to 2016. He also held the position of Chief Financial Officer at Payless ShoeSource, Inc. Shawn Matthews Chairman Shawn Matthews is expected to serve as the Chairman of the combined company. He has more than three decades of experience across financial markets, energy, and infrastructure. Matthews previously served as Chief Executive Officer of Cantor Fitzgerald & Co. from 2009 to 2018. He is also the founder and CEO of Hondius Energy, CEO of Mercator Power, and a sponsor of Terrestrial Energy, where he was a former board member. Additionally, Matthews is the Founder and Chief Investment Officer of Hondius Capital Management, a global alternative asset manager, and previously founded Alchemist Capital Management, an equity-focused hedge fund, and West Side Capital, a fixed income broker-dealer. Christopher Santi President Christopher Santi serves as the President.

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:

  1. 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.
  2. 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.
  3. 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

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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:

  1. 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.
  2. 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.
  3. 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.
  4. 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

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Share of Systems Software constituents that HOST has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
insufficient peer history
3Y
insufficient peer history
5Y
insufficient peer history
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Median price return by industry across the Information Technology sector, ranked by 5Y. Systems Software is HOST's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y 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%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

HOSTEQIXDLRAMTIRMMedian
NameHost Dig.Equinix Digital .American.Iron Mou. 
Mkt Price8.091,021.34182.12173.98114.34173.98
Mkt Cap-100.7258.081.334.091.0
Rev LTM-9,8056,77111,8457,5628,684
Op Inc LTM-2,2591,2334,9241,5621,910
FCF LTM--1,4642,9673,562-5971,185
FCF 3Y Avg--3652,3632,637-666999
CFO LTM-3,9422,9675,2331,6553,455
CFO 3Y Avg-3,5762,3634,3961,3642,970

Growth & Margins

HOSTEQIXDLRAMTIRMMedian
NameHost Dig.Equinix Digital .American.Iron Mou. 
Rev Chg LTM-9.6%17.4%10.0%17.4%13.7%
Rev Chg 3Y Avg-8.3%9.8%9.6%13.1%9.7%
Rev Chg Q-16.4%28.9%0.0%18.5%17.4%
QoQ Delta Rev Chg LTM-3.9%6.8%0.0%4.4%4.1%
Op Inc Chg LTM-24.7%46.5%43.2%23.6%34.0%
Op Inc Chg 3Y Avg-18.8%22.6%15.2%13.5%17.0%
Op Mgn LTM-23.0%18.2%41.6%20.7%21.8%
Op Mgn 3Y Avg-20.4%15.5%34.0%20.1%20.3%
QoQ Delta Op Mgn LTM-1.2%2.9%1.9%0.1%1.5%
CFO/Rev LTM-40.2%43.8%44.2%21.9%42.0%
CFO/Rev 3Y Avg-39.4%39.0%39.7%20.6%39.2%
FCF/Rev LTM--14.9%43.8%30.1%-7.9%11.1%
FCF/Rev 3Y Avg--3.5%39.0%23.6%-10.1%10.0%

Valuation

HOSTEQIXDLRAMTIRMMedian
NameHost Dig.Equinix Digital .American.Iron Mou. 
Mkt Cap-100.7258.081.334.091.0
P/S-10.338.16.94.58.6
P/Op Inc-44.6209.316.521.833.2
P/EBIT-44.3197.820.424.434.4
P/E-65.7322.973.281.377.3
P/CFO-25.686.915.520.623.1
Total Yield-3.5%1.0%5.1%4.2%3.8%
Dividend Yield-1.9%0.7%3.8%2.9%2.4%
FCF Yield 3Y Avg--0.3%2.9%3.0%-2.1%1.3%
D/E-0.20.10.60.60.4
Net D/E-0.20.10.50.60.4

Returns

HOSTEQIXDLRAMTIRMMedian
NameHost Dig.Equinix Digital .American.Iron Mou. 
1M Rtn0.0%-4.1%-3.8%-1.0%-5.6%-3.8%
3M Rtn0.0%-6.0%-2.5%-1.2%-9.9%-2.5%
6M Rtn0.0%7.5%6.5%0.3%16.5%6.5%
12M Rtn0.0%31.8%8.9%-6.5%18.3%8.9%
3Y Rtn0.0%48.4%60.9%14.1%103.9%48.4%
1M Excs Rtn0.7%-4.4%-3.9%0.5%-4.9%-3.9%
3M Excs Rtn-2.0%-8.0%-4.5%-3.2%-11.9%-4.5%
6M Excs Rtn-15.8%-10.0%-13.2%-18.7%-5.2%-13.2%
12M Excs Rtn-15.9%18.0%-6.5%-24.3%2.9%-6.5%
3Y Excs Rtn-71.3%-29.7%-14.3%-62.0%30.4%-29.7%

Comparison Analyses

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Financials

Price Behavior

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HOST Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta      
Up Beta
Down Beta
Up Capture0%0%0%0%0%0%
Bmk +ve Days10213268138427
Stock +ve Days      
Down Capture-0%-0%-0%-0%-0%-0%
Bmk -ve Days11213259113324
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 DateFiling DateFiling
01/31/202605/29/2026PREM14A
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Report DateFiling DateFiling
01/31/202605/29/2026PREM14A
Core Cache Last Updated: 9/20/2026