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Applied Digital Corporation Holds Annual Meeting on Key Proposals

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Applied Digital Corporation Holds Annual Meeting on Key Proposals

Meet Your ETF AI Analyst

Applied Digital Corporation ( (APLD) ) has provided an announcement.

On November 5, 2025, Applied Digital Corporation held its Annual Meeting where several key proposals were voted on, including the election of directors and the ratification of CBIZ CPAs P.C. as the independent registered public accounting firm for the fiscal year ending May 31, 2026. Additionally, the company approved an increase in the number of authorized shares of common stock to 600,000,000, which may impact its future financial strategies and shareholder value.

The most recent analyst rating on (APLD) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Applied Digital Corporation stock, see the APLD Stock Forecast page.

Spark’s Take on APLD Stock

According to Spark, TipRanks’ AI Analyst, APLD is a Neutral.

The overall stock score of 53 reflects a company with strong technical momentum but significant financial challenges. The most impactful factor is the poor financial performance, with ongoing losses and cash flow inefficiencies. While technical indicators are positive, the valuation is unattractive due to negative earnings. The company’s strategic positioning in AI infrastructure offers long-term potential, but short-term financial and operational hurdles weigh heavily on the score.

To see Spark’s full report on APLD stock, click here.

More about Applied Digital Corporation

Average Trading Volume: 30,628,559

Technical Sentiment Signal: Buy

Current Market Cap: $8.69B

For an in-depth examination of APLD stock, go to TipRanks’ Overview page.

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