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APLD Stock Chart & Stats
$28.85
-$2.70(-9.03%)
At close: 4:00 PM EDT
$28.85
-$2.70(-9.03%)
Day’s Range― - ―
52-Week Range$13.16 - $50.73
Previous CloseN/A
Volume20.19M
Average Volume (3M)18.71M
Market Cap
$8.41B
Enterprise Value$16.66K
Total Cash (Recent Filing)$1.59B
Total Debt (Recent Filing)$5.10B
Price to Earnings (P/E)―
Beta3.01
Next Earnings
Oct 14, 2026EPS Estimate
-0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.89
Shares Outstanding291,469,120
10 Day Avg. Volume18,992,438
30 Day Avg. Volume18,709,299
Financial Highlights & Ratios
PEG Ratio2.44
Price to Book (P/B)7.41
Price to Sales (P/S)21.58
P/FCF Ratio-4.75
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$75.08Price Target Upside160.25% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)-0.73
Revenue Forecast (FY)$820.12M
Bulls Say, Bears Say
Bulls Say
Large Contracted AI Infrastructure PortfolioThe expanding contracted lease book provides multi-year revenue visibility and validates demand for Applied Digital’s AI-focused infrastructure. About 70% of revenue is backed by U.S. investment-grade hyperscalers, supporting customer quality and durability.
Rapid Revenue Growth And Improving Operating EconomicsStrong top-line growth and improving adjusted profitability indicate that the platform is beginning to scale. The high NOI margin in the hosting model could support attractive recurring economics as contracted capacity is completed and brought online.
Execution And Financing CapabilityOn-time delivery reduces a key risk in data-center development, while substantial liquidity and project financing improve the ability to fund expansion. This combination strengthens execution credibility as the company builds a large contracted AI capacity base.
Bears Say
High Leverage Relative To Current ProfitabilityThe sharp increase in debt raises fixed obligations and refinancing exposure while GAAP earnings remain negative. If project commissioning or customer ramps are delayed, leverage could constrain financial flexibility and absorb cash that would otherwise fund growth.
Persistent GAAP Losses And Elevated Corporate CostsAdjusted profitability has improved, but substantial GAAP losses and stock-based compensation indicate that economic earnings have not yet matched the reported growth trajectory. Ongoing dilution and high overhead could limit shareholder returns during the expansion phase.
Capital Intensity And Infrastructure ConstraintsRealizing contracted revenue requires heavy upfront investment and reliable access to power, equipment, and construction capacity. These constraints can delay capacity additions, extend the cash-conversion cycle, and increase the risk that debt-funded projects take longer to generate returns.
Applied Digital Corporation News
APLD FAQ
What was Applied Digital Corporation’s price range in the past 12 months?
Applied Digital Corporation lowest stock price was $13.16 and its highest was $50.73 in the past 12 months.
What is Applied Digital Corporation’s market cap?
Applied Digital Corporation’s market cap is $8.41B.
When is Applied Digital Corporation’s upcoming earnings report date?
Applied Digital Corporation’s upcoming earnings report date is Oct 14, 2026 which is in 47 days.
How were Applied Digital Corporation’s earnings last quarter?
Applied Digital Corporation released its earnings results on Jul 27, 2026. The company reported -$0.39 earnings per share for the quarter, missing the consensus estimate of -$0.114 by -$0.276.
Is Applied Digital Corporation overvalued?
According to Wall Street analysts Applied Digital Corporation’s price is currently Undervalued.
Does Applied Digital Corporation pay dividends?
Applied Digital Corporation does not currently pay dividends.
What is Applied Digital Corporation’s EPS estimate?
Applied Digital Corporation’s EPS estimate is -0.27.
How many shares outstanding does Applied Digital Corporation have?
Applied Digital Corporation has 291,469,120 shares outstanding.
What happened to Applied Digital Corporation’s price movement after its last earnings report?
Applied Digital Corporation reported an EPS of -$0.39 in its last earnings report, missing expectations of -$0.114. Following the earnings report the stock price went up 0.929%.
Which hedge fund is a major shareholder of Applied Digital Corporation?
Currently, no hedge funds are holding shares in APLD
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Applied Digital Corporation Stock Smart Score
Outperform
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10
Analyst Consensus
Strong Buy
Average Price Target:
$75.08 (160.25% Upside)
$75.08 (160.25% Upside)
Blogger Sentiment
Bullish
APLD Sentiment 92%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 3.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.4%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
145.34%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
430.95%
Trailing 12-Months
Company Description
Applied Digital Corporation
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation has an lease agreement with CoreWeave for an additional 150MW at its Polaris Forge 1 Campus in Ellendale, North Dakota. Applied Digital Corporation is based in Dallas, Texas.
APLD Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized substantial commercial progress (expanding from $7B to $36B contracted revenue, 1.41 GW contracted, multiple large campus leases), on-time/on-budget delivery, strong quarter-over-quarter revenue growth (+407%) and improved adjusted profitability (Adjusted EBITDA $42.4M; adjusted net income $12.9M). Management also highlighted successful financing transactions that materially lowered the company’s cost of capital and a strong cash position. Key risks noted include a GAAP net loss ($111.6M), significant one-time stock-based compensation and elevated upfront tenant fit-out costs, as well as growth governors such as power availability and supply-chain capacity that will determine the pace of future realization of contracted revenues.View all APLD earnings summariesAPLD Stock 12 Month Forecast
Average Price Target
$75.08
▲(160.25% Upside)
Technical Analysis
Digital Realty
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Equinix
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DigitalOcean Holdings
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Ingram Micro Holding Corporation
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CoreWeave
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Ownership Overview
9.78% Insiders
19.04% Mutual Funds
28.67% Other Institutional Investors
28.19% Public Companies and Individual Investors