New insider activity at Applied Digital Corporation ( (APLD) ) has taken place on August 14, 2025.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Director Chuck Hastings has recently sold 30,000 shares of Applied Digital Corporation stock, generating a total of $441,900 from the transaction.
Recent Updates on APLD stock
Applied Digital Corporation has experienced significant stock price movements, with shares rising by over 33% in the last 24 hours. This surge is attributed to the company’s recent earnings call, which highlighted substantial growth prospects despite current financial challenges. The company reported a 41% increase in revenue year-over-year, driven by strategic lease agreements and expansion plans, notably a transformative 15-year lease with CoreWeave expected to generate $7 billion in contracted revenue. Analysts have raised price targets for Applied Digital, citing its strategic expansion, successful financing efforts, and promising future revenue increases, particularly from developments at its Polaris Forge 1 campus. However, the company also faces increased expenses and net losses, which it aims to address through continued growth initiatives and strategic partnerships.
Spark’s Take on APLD Stock
According to Spark, TipRanks’ AI Analyst, APLD is a Neutral.
Applied Digital Corporation’s overall stock score reflects significant financial challenges and valuation concerns, balanced by strong technical momentum and growth potential indicated in the recent earnings call. While the company shows promising expansion plans and revenue growth, it must address high leverage and cash flow issues to improve its financial health.
To see Spark’s full report on APLD stock, click here.
More about Applied Digital Corporation
YTD Price Performance: 89.74%
Average Trading Volume: 50,892,140
Technical Sentiment Signal: Buy
Current Market Cap: $3.91B