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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)19.66M
Market Cap
$6.17B
Enterprise Value$12.83B
Total Cash (Recent Filing)$2.95B
Total Debt (Recent Filing)$6.48B
Price to Earnings (P/E)―
Beta3.25
Next Earnings
Jan 12, 2027EPS Estimate
-0.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.64
Shares Outstanding302,387,150
10 Day Avg. Volume29,243,926
30 Day Avg. Volume19,660,241
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 Cap2.08
Enterprise Value/Revenue15.02
Enterprise Value/Gross Profit74.29
Enterprise Value/Ebitda-90.57
Forecast
1Y Price Target
$58.25Price Target Upside101.91% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)-1.51
Revenue Forecast (FY)$924.52M
Bulls Say, Bears Say
Bulls Say
Contracted RevenueA large contracted revenue portfolio across multiple campuses and regions provides visibility into future activity and supports infrastructure planning. This can improve utilization, reduce dependence on short-term customer wins, and create a durable base for scaling high-density computing services.
Capacity ExpansionPlanned capacity additions more than doubling the prior period indicate substantial expansion of the operating platform and the ability to serve growing high-performance computing demand. If execution continues, added capacity can support revenue growth and strengthen the company’s market position.
Improving Operating EconomicsThe sharp improvement in adjusted EBITDA and the high reported HPC hosting NOI margin suggest that greater scale is beginning to produce stronger operating economics. Sustained profitability at the facility level could help support reinvestment and improve the path toward company-wide earnings.
Bears Say
Persistent Net LossesA substantial recurring net loss shows that the company has not yet converted rapid infrastructure growth into sustainable bottom-line profitability. Continued losses can constrain internally generated capital, increase reliance on external funding, and make execution more sensitive to cost and project timing.
High Leverage And Negative Free Cash FlowHeavy capital spending alongside deeply negative free cash flow leaves the business dependent on financing while it builds capacity. Combined with a highly leveraged balance sheet, this reduces financial flexibility and increases the consequences of delays in achieving profitable cash generation.
Permitting And Supply ConstraintsPermitting delays, local opposition and constrained components can slow campus development or increase the time and resources required to bring capacity online. These structural execution obstacles may defer revenue contribution and make ambitious expansion targets harder to achieve consistently.
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 $6.17B.
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 87 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 -0.29.
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
Neutral
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10
Analyst Consensus
Strong Buy
Average Price Target:
$58.25 (101.91% Upside)
$58.25 (101.91% Upside)
Blogger Sentiment
Bullish
APLD Sentiment 90%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 3.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days <0.1%
Last 30 Days ▲ 2.0%
Last 30 Days ▲ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-50.73%
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
$58.25
▲(101.91% Upside)
Technical Analysis
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Ownership Overview
9.45% Insiders
18.35% Mutual Funds
0.41% Other Institutional Investors
56.56% Public Companies and Individual Investors













