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Applied Digital Corporation (APLD)
NASDAQ:APLD
RESEARCH TOOLSreports
Applied Digital Corporation (APLD) Stock Price & Analysis
1,360 Followers
APLD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.36 - $11.62
Previous Close$2.47
Volume3.22M
Average Volume (3M)3.39M
Market Cap
$293.35M
Enterprise Value$540.77M
Total Cash (Recent Filing)$4.43M
Total Debt (Recent Filing)$251.85M
Price to Earnings (P/E)-3.1
Beta3.14
Next Earnings
Aug 22, 2024EPS Estimate
-$0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.80
Shares Outstanding122,739,540
10 Day Avg. Volume5,146,293
30 Day Avg. Volume3,390,562
Standard Deviation0.50
R-Squared0.17
Alpha0.07
Financial Highlights & Ratios
Price to Book (P/B)2.48
Price to Sales (P/S)6.99
Price to Cash Flow (P/CF)1.90
P/FCF Ratio35.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.44
Enterprise Value/Gross Profit49.14
Enterprise Value/Ebitda-13.45
Forecast
1Y Price Target
$8.50Price Target Upside244.13% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Applied Digital Corporation News
Bulls Say, Bears Say
Bulls Say
Growth ProspectsAnalyst recommends a 'Buy' with a price target of $8, citing the potential for High-Performance Computing infrastructure as a significant investment opportunity.
Operational EfficiencyApplied's 106MW Jamestown facility and 180MW Ellendale facility operated at full capacity, with their output fully contracted to customers on multi-year agreements.
Strategic PartnershipsApplied announced it had signed an LOI with a new large US-based hyperscaler for the full 400 MW of its planned HPC datacenter sites that could be up to a 15 year contract.
Bears Say
Financial PerformanceAPLD reported earnings missing estimates on top and bottom line.
Operational ChallengesApplied had operational issues due to faulty transformers, leading to a significant reduction in the bitcoin mining facility's output over recent months.
Supply Chain IssuesTardy AI cloud cluster deployment due to InfiniBand transceivers being in short supply.
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Ownership Overview
23.55% Insiders
16.80% Mutual Funds
13.47% Other Institutional Investors
46.18% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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APLD FAQ
What was Applied Digital Corporation’s price range in the past 12 months?
Applied Digital Corporation lowest stock price was $2.36 and its highest was $11.62 in the past 12 months.
What is Applied Digital Corporation’s market cap?
Currently, no data Available
When is Applied Digital Corporation’s upcoming earnings report date?
Applied Digital Corporation’s upcoming earnings report date is Aug 22, 2024 which is in 119 days.
How were Applied Digital Corporation’s earnings last quarter?
Applied Digital Corporation released its earnings results on Apr 11, 2024. The company reported -$0.24 earnings per share for the quarter, missing the consensus estimate of -$0.072 by -$0.168.
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 122,739,540 shares outstanding.
What happened to Applied Digital Corporation’s price movement after its last earnings report?
Applied Digital Corporation reported an EPS of -$0.24 in its last earnings report, missing expectations of -$0.072. Following the earnings report the stock price went down -11.726%.
Which hedge fund is a major shareholder of Applied Digital Corporation?
Among the largest hedge funds holding Applied Digital Corporation’s share is Deep Field Asset Management LLC. It holds Applied Digital Corporation’s shares valued at 11M.
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Applied Digital Corporation Stock Smart Score
Neutral
1
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Analyst Consensus
Strong Buy
Average Price Target:
$8.50 (244.13% Upside)
$8.50 (244.13% Upside)
Blogger Sentiment
Bullish
APLD Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 636.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $142.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-35.65%
12-Months-Change
Fundamentals
Return on Equity
-101.82%
Trailing 12-Months
Asset Growth
209.80%
Trailing 12-Months
Company Description
Applied Digital Corporation
Applied Science Products, Inc. operates as a technology company, which engages in the development of patented technology such as tailored plasma gas chemistry for a wide range of applications. The company was founded in May 2001 and is headquartered in Lenoir City, TN.
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APLD Earnings Call
Q3 2024
0:00 / 0:00
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APLD Stock 12 Months Forecast
Average Price Target
$8.50
▲(244.13% Upside)
Technical Analysis
Best Analysts Covering APLD
1 Year
1 Year Success Rate
6/13 ratings generated profit
1 Year Average Return
+44.93%
reiterated a buy rating 13 days ago
Copying John Todaro's trades and holding each position for 1 Year would result in 46.15% of your transactions generating a profit, with an average return of +44.93% per trade.
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