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Applied Digital Plans $2.35 Billion Notes Offering

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Applied Digital Plans $2.35 Billion Notes Offering

Meet Your ETF AI Analyst

Applied Digital Corporation ( (APLD) ) has shared an update.

On November 10, 2025, Applied Digital Corporation announced that its subsidiary, APLD ComputeCo LLC, plans to offer $2.35 billion in senior secured notes due 2030, targeting qualified institutional buyers and non-U.S. persons. This move, subject to market conditions, is part of a private offering strategy under the Securities Act of 1933, aiming to strengthen the company’s financial positioning. The announcement highlights the company’s proactive approach to capital management and its strategic efforts to leverage market opportunities, although the completion and terms of the offering remain uncertain.

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: 30,597,242

Technical Sentiment Signal: Buy

Current Market Cap: $8.66B

Learn more about APLD stock on TipRanks’ Stock Analysis page.

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