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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$17.65 - $50.73
Previous CloseN/A
Volume20.19M
Average Volume (3M)23.29M
Market Cap
$5.52B
Enterprise Value$12.83B
Total Cash (Recent Filing)$2.95B
Total Debt (Recent Filing)$6.48B
Price to Earnings (P/E)―
Beta3.24
Next Earnings
Jan 12, 2027EPS Estimate
-0.31Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.64
Shares Outstanding302,387,150
10 Day Avg. Volume28,032,532
30 Day Avg. Volume23,291,854
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 Cap2.32
Enterprise Value/Revenue15.02
Enterprise Value/Gross Profit74.29
Enterprise Value/Ebitda-90.57
Forecast
1Y Price Target
$55.67Price Target Upside92.95% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)-1.51
Revenue Forecast (FY)$942.90M
Bulls Say, Bears Say
Bulls Say
Revenue Growth And MarginsTTM revenue growth of 48.2% and gross margin near 25% indicate the platform is scaling while unit economics improve. If maintained, this combination can support stronger operating leverage and make future capacity investments more productive, although profitability has not yet been achieved.
Contracted Revenue BaseA large contracted revenue portfolio across multiple campuses provides meaningful forward visibility and supports infrastructure planning. These commitments can improve utilization and reduce dependence on repeatedly securing new customers, creating a more durable foundation for expansion as capacity comes online.
Capacity ExpansionPlanned capacity additions substantially above the prior period show an aggressive expansion path in high-density computing infrastructure. Delivering this pipeline could increase the revenue base, deepen customer relationships, and strengthen Applied Digital’s position in a growing compute capacity market over several quarters.
Bears Say
Persistent LossesDeep operating and net losses show that strong revenue growth has not yet translated into sustainable profitability. Continued losses can constrain internally generated funding, reduce resilience during execution setbacks, and make the company more dependent on successful scaling and disciplined cost management.
High LeverageDebt-to-equity near 4.0x reflects an aggressive capital structure that increases financial risk while the business remains loss-making. High leverage can restrict strategic flexibility, raise the consequences of project delays, and require future cash generation to support substantial fixed obligations.
Negative Free Cash FlowHeavily negative free cash flow indicates that investment requirements substantially exceed cash generated by operations. This pattern can keep the company reliant on debt or other financing while campuses are built, increasing liquidity and execution pressure until new capacity produces sufficient recurring cash 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 $17.65 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 $5.52B.
When is Applied Digital Corporation’s upcoming earnings report date?
Applied Digital Corporation’s upcoming earnings report date is Jan 12, 2027 which is in 79 days.
How were Applied Digital Corporation’s earnings last quarter?
Applied Digital Corporation released its earnings results on Oct 07, 2026. The company reported -$0.82 earnings per share for the quarter, missing the consensus estimate of -$0.295 by -$0.525.
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 -0.31.
How many shares outstanding does Applied Digital Corporation have?
Applied Digital Corporation has 302,387,150 shares outstanding.
What happened to Applied Digital Corporation’s price movement after its last earnings report?
Applied Digital Corporation reported an EPS of -$0.82 in its last earnings report, missing expectations of -$0.295. Following the earnings report the stock price went up 0.168%.
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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$55.67 (92.95% Upside)
$55.67 (92.95% Upside)
Blogger Sentiment
Bullish
APLD Sentiment 91%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 3.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $3.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 2.8%
Last 30 Days ▲ 2.8%
News Sentiment
Bullish
Bullish news 73%
Bearish news 27%
Bearish news 27%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-45.32%
12-Months-Change
Fundamentals
Return on Equity
-28.04%
Trailing 12-Months
Asset Growth
388.00%
Trailing 12-Months
Learn more about TipRanks Smart Score
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was strongly constructive, with management highlighting rapid revenue and capacity growth, robust customer demand, successful project execution, improved financing terms, substantial liquidity and multiple expansion opportunities. The company also reported a large GAAP net loss, significant noncash valuation losses, elevated stock-based compensation, a sizable debt balance and industry-wide permitting and supply-chain constraints. Overall, the positive operating and commercial developments significantly outweighed the stated challenges.View all APLD earnings summariesAPLD Stock 12 Month Forecast
Average Price Target
$55.67
▲(92.95% Upside)
Technical Analysis
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Ownership Overview
9.55% Insiders
18.35% Mutual Funds
0.63% Other Institutional Investors
56.36% Public Companies and Individual Investors