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Applied Digital Raises Conversion Floor Price to $22

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Applied Digital Raises Conversion Floor Price to $22

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The latest update is out from Applied Digital Corporation ( (APLD) ).

On September 25, 2025, Applied Digital Corporation amended its Certificate of Designations for Series G Convertible Preferred Stock, originally filed earlier in 2025. The amendment increased the Floor Price for conversion from $12.50 to $22.00, impacting the minimum conversion price for the stock, which can only be adjusted at the company’s discretion.

The most recent analyst rating on (APLD) stock is a Buy with a $30.00 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 reflects a mix of financial challenges and strong growth potential. While financial performance is a concern, positive technical indicators, strategic corporate events, and promising earnings call developments contribute to a balanced outlook.

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

More about Applied Digital Corporation

Average Trading Volume: 31,237,493

Technical Sentiment Signal: Buy

Current Market Cap: $6.13B

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

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