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Applied Digital Corporation (APLD)
NASDAQ:APLD
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APLD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.36 - $8.65
Previous Close$6.07
Volume7.43M
Average Volume (3M)9.96M
Market Cap
$1.25B
Enterprise Value$1.30B
Total Cash (Recent Filing)$1.48M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.74
Next Earnings
Oct 08, 2024EPS Estimate
-$0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.25
Shares Outstanding157,438,246
10 Day Avg. Volume32,211,478
30 Day Avg. Volume9,958,696
Standard Deviation0.74
R-Squared0.09
Alpha0.18
Financial Highlights & Ratios
Price to Book (P/B)7.68
Price to Sales (P/S)5.52
Price to Cash Flow (P/CF)-6.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue15.20
Enterprise Value/Gross Profit75.46
Enterprise Value/Ebitda-21.56
Forecast
1Y Price Target
$9.14Price Target Upside56.51% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Applied Digital Corporation News
Bulls Say, Bears Say
Bulls Say
Hyperscaler ContractApplied noted good progress on its LOI and contract negotiations with the large hyperscaler for up to 400 MW of capacity, with technical and site diligence completed.
Revenue GrowthThe AI Cloud segment ramped meaningfully, generating $16.8 million in revenue, up from $5.6 million previously.
Strategic PartnershipsThe investment by Related Companies, a major real estate player, is a significant step in the right direction for the company's AI infrastructure space.
Bears Say
AI ContributionsAI contributions for '25FY have been modestly lowered.
DilutionThe dilution keeps coming, selling stock near 1-year lows.
Investor TrustThere has certainly been investor concern around the story from missed targets and financing risks.
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Ownership Overview
13.67% Insiders
12.02% Mutual Funds
31.30% Other Institutional Investors
43.01% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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APLD FAQ
What was Applied Digital Corporation’s price range in the past 12 months?
Applied Digital Corporation lowest stock price was $2.36 and its highest was $8.65 in the past 12 months.
What is Applied Digital Corporation’s market cap?
Currently, no data Available
When is Applied Digital Corporation’s upcoming earnings report date?
Applied Digital Corporation’s upcoming earnings report date is Oct 08, 2024 which is in 19 days.
How were Applied Digital Corporation’s earnings last quarter?
Applied Digital Corporation released its earnings results on Aug 28, 2024. The company reported -$0.52 earnings per share for the quarter, missing the consensus estimate of -$0.219 by -$0.301.
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 -$0.27.
How many shares outstanding does Applied Digital Corporation have?
Applied Digital Corporation has 214,511,440 shares outstanding.
What happened to Applied Digital Corporation’s price movement after its last earnings report?
Applied Digital Corporation reported an EPS of -$0.52 in its last earnings report, missing expectations of -$0.219. Following the earnings report the stock price went down -13.379%.
Which hedge fund is a major shareholder of Applied Digital Corporation?
Among the largest hedge funds holding Applied Digital Corporation’s share is Deep Field Asset Management LLC. It holds Applied Digital Corporation’s shares valued at 10M.
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Applied Digital Corporation Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$9.14 (56.51% Upside)
$9.14 (56.51% Upside)
Blogger Sentiment
Bullish
APLD Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 522.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $55.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 2.8%
Last 30 Days ▲ 2.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.37%
12-Months-Change
Fundamentals
Return on Equity
-162.28%
Trailing 12-Months
Asset Growth
198.07%
Trailing 12-Months
Company Description
Applied Digital Corporation
Applied Science Products, Inc. operates as a technology company, which engages in the development of patented technology such as tailored plasma gas chemistry for a wide range of applications. The company was founded in May 2001 and is headquartered in Lenoir City, TN.
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APLD Earnings Call
Q4 2024
0:00 / 0:00
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APLD Stock 12 Month Forecast
Average Price Target
$9.14
▲(56.51% Upside)
Technical Analysis
Cipher Mining
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Greenidge Generation Holdings
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HIVE Digital Technologies
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Stronghold Digital Mining
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Best Analysts Covering APLD
1 Year
1 Year Success Rate
14/17 ratings generated profit
1 Year Average Return
+73.48%
reiterated a buy rating 11 days ago
Copying John Todaro's trades and holding each position for 1 Year would result in 82.35% of your transactions generating a profit, with an average return of +73.48% per trade.
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