Want to see APLD full AI Analyst Report?
APLD Stock Chart & Stats
$31.53
-$0.86(-9.13%)
At close: 4:00 PM EST
$31.53
-$0.86(-9.13%)
Day’s Range― - ―
52-Week Range$9.79 - $50.73
Previous CloseN/A
Volume8.15M
Average Volume (3M)19.53M
Market Cap
$7.37B
Enterprise Value$9.57K
Total Cash (Recent Filing)$1.73B
Total Debt (Recent Filing)$2.83B
Price to Earnings (P/E)―
Beta3.04
Next Earnings
Jul 27, 2026EPS Estimate
-0.24Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.75
Shares Outstanding285,769,530
10 Day Avg. Volume17,113,983
30 Day Avg. Volume19,527,216
Financial Highlights & Ratios
PEG Ratio0.51
Price to Book (P/B)2.17
Price to Sales (P/S)6.38
P/FCF Ratio-1.72
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
$77.33Price Target Upside145.27% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)-0.73
Revenue Forecast (FY)$819.01M
Bulls Say, Bears Say
Bulls Say
Long-term Contracted Hyperscaler LeasesLarge, long-dated take-or-pay hyperscaler contracts materially lengthen revenue visibility and de-risk future cash flows. A growing share of investment-grade hyperscaler counterparties supports stable, predictable demand for high-density AI capacity and underpins repeatable campus-level economics over years.
Strong Top-line Ramp And Adjusted ProfitabilityRapid revenue expansion with positive adjusted EBITDA shows operating scalability as new buildings energize. Sustained ramping of HPC hosting and fit-out services indicates the core colocation model can convert capacity into recurring margin-bearing revenue over multiple reporting periods.
Expanded Liquidity And Financing CapacitySubstantial cash plus enlarged credit and preferred equity commitments provide execution runway for capital-intensive builds. Improved funding optionality reduces risk of project delays and supports multi-campus scale, enabling the company to monetize contracted leases and pursue refinancings to lower capital costs.
Bears Say
High Leverage And Negative Free Cash FlowElevated leverage and materially negative free cash flow constrain financial flexibility and increase refinancing dependency. Until operating cash generation sustainably covers capex and interest, the company remains exposed to higher funding costs and potential dilution or covenant stress during market dislocations.
Ongoing GAAP Losses And Modest Gross MarginsPersisting GAAP losses and low gross margins indicate the business has not yet achieved full operating leverage. Even with adjusted profits, continued negative net income highlights the gap between headline profitability and cash generation, prolonging the path to self-funded expansion and shareholder returns.
Execution, Financing And Regulatory Timing RisksLarge campus projects depend on local approvals, tax incentives and staged financings. Site delays or unmet financing tranches can push energization timelines, escalate costs, and compress expected NOI ramps, exposing revenue realization to regulatory and execution uncertainty over the medium term.
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 $9.79 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 $7.37B.
When is Applied Digital Corporation’s upcoming earnings report date?
Applied Digital Corporation’s upcoming earnings report date is Jul 27, 2026 which is in 8 days.
How were Applied Digital Corporation’s earnings last quarter?
Applied Digital Corporation released its earnings results on Apr 08, 2026. The company reported -$0.36 earnings per share for the quarter, missing the consensus estimate of -$0.151 by -$0.209.
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 -0.24.
How many shares outstanding does Applied Digital Corporation have?
Applied Digital Corporation has 285,769,530 shares outstanding.
What happened to Applied Digital Corporation’s price movement after its last earnings report?
Applied Digital Corporation reported an EPS of -$0.36 in its last earnings report, missing expectations of -$0.151. Following the earnings report the stock price went down -7.988%.
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:
$77.33 (145.27% Upside)
$77.33 (145.27% Upside)
Blogger Sentiment
Bullish
APLD Sentiment 70%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 1.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
136.38%
12-Months-Change
Fundamentals
Return on Equity
-15.82%
Trailing 12-Months
Asset Growth
265.88%
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 Stock 12 Month Forecast
Average Price Target
$77.33
▲(145.27% Upside)
Technical Analysis
Digital Realty
―
Equinix
―
DigitalOcean Holdings
―
Ingram Micro Holding Corporation
―
CoreWeave
―
Ownership Overview
9.46% Insiders
19.42% Mutual Funds
0.16% Other Institutional Investors
56.93% Public Companies and Individual Investors












