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An update from Applied Digital Corporation ( (APLD) ) is now available.
On September 11, 2025, Applied Digital Corporation, a company involved in the high-performance computing industry, filed an amendment to increase the number of shares authorized for issuance as Series G Preferred Stock from 156,000 to 204,000 shares. This move is part of the company’s strategy to enhance its financial flexibility and support ongoing projects such as the construction of Polaris Forge 1 and Polaris Forge 2. The amendment reflects the company’s efforts to strengthen its market position and address the evolving needs of artificial intelligence and high-performance computing infrastructure.
The most recent analyst rating on (APLD) stock is a Buy with a $18.00 price target. To see the full list of analyst forecasts on Applied Digital Corporation stock, see the APLD Stock Forecast page.
Spark’s Take on APLD Stock
According to Spark, TipRanks’ AI Analyst, APLD is a Neutral.
The overall stock score reflects a mix of financial challenges and strong growth potential. While financial performance is a concern, positive technical indicators, strategic corporate events, and promising earnings call developments contribute to a balanced outlook.
To see Spark’s full report on APLD stock, click here.
More about Applied Digital Corporation
Average Trading Volume: 32,534,162
Technical Sentiment Signal: Buy
Current Market Cap: $4.49B
See more insights into APLD stock on TipRanks’ Stock Analysis page.