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Why Applied Digital Shares Keep Powering Higher

Why Applied Digital Shares Keep Powering Higher

Applied Digital Corporation ( (APLD) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

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Applied Digital Corporation’s stock has been climbing as analysts reprice the shares to reflect a strong, visible growth pipeline and rising demand from large tech customers. The company is ramping up its PF1 site, having energized the first 100 MW as part of a planned 400 MW build‑out, and is in advanced talks to secure roughly 900 MW of hyperscaler demand. Management has also highlighted robust customer interest and improving pricing, reinforcing the bullish outlook. Supporting this optimism, Applied Digital has shown it can execute and scale, targeting 600–700 MW of new capacity per year, backed by supplier agreements that help limit project risk and a steady stream of stranded‑power opportunities. In response, analysts have raised their price targets, while trading in the mid‑to‑high‑$30s has been marked by heavy options activity, still‑elevated but easing volatility, and a recent director share sale, leaving overall investor sentiment somewhat mixed despite the stock’s upward move.

More about Applied Digital Corporation

YTD Price Performance: 43.64%

Average Trading Volume: 29,874,176

Technical Sentiment Signal: Buy

Current Market Cap: $10.09B

For further insights into APLD stock on TipRanks’ Stock Analysis page.

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