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APLD Stock Chart & Stats
$27.19
-$2.70(-9.03%)
At close: 4:00 PM EDT
$27.19
-$2.70(-9.03%)
Day’s Range― - ―
52-Week Range$13.16 - $50.73
Previous CloseN/A
Volume20.19M
Average Volume (3M)18.71M
Market Cap
$8.92B
Enterprise Value$16.66K
Total Cash (Recent Filing)$1.59B
Total Debt (Recent Filing)$5.10B
Price to Earnings (P/E)―
Beta2.90
Next Earnings
Oct 14, 2026EPS Estimate
-0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.89
Shares Outstanding291,469,120
10 Day Avg. Volume18,992,438
30 Day Avg. Volume18,709,299
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$72.56Price Target Upside166.87% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)-0.73
Revenue Forecast (FY)$822.20M
Bulls Say, Bears Say
Bulls Say
Large Contracted Lease BookA multi‑billion contracted lease backlog (≈$36B) and 1.41 GW under contract provide long‑dated, take‑or‑pay style revenue visibility. That scale with hyperscaler counterparties supports predictable cash flows, underwriting of capital projects, and a durable revenue base as capacity ramps.
Proven On-time, On-budget DeliveryConsistent on‑time, on‑budget execution reduces construction and ramp risk for large campuses. Reliable delivery preserves margins, strengthens customer trust with hyperscalers, and increases the firm's ability to scale capacity rapidly — a structural advantage in capital‑intensive data center builds.
Cash Flow Turnaround And Strong LiquidityThe swing to positive operating and free cash flow (~$89.7M) signals the business beginning to self‑fund operations and supports near‑term debt servicing. Coupled with large reported cash balances and recent financings, this improves financial flexibility to execute multi‑year build plans.
Bears Say
Sharp Increase In LeverageA rapid jump to roughly $5.1B of debt materially increases financial risk for a company still reporting GAAP losses. Elevated leverage raises interest and covenant exposure, reduces flexibility for opportunistic investment, and makes execution timing critical to avoid refinancing or liquidity stress.
Persistent GAAP LossesSubstantial GAAP losses despite improving adjusted EBITDA indicate ongoing accounting drag from one‑time items, stock‑based comp and consolidation effects. Until GAAP profitability sustainably follows adjusted metrics, returns on invested capital and equity remain impaired over the medium term.
High Capital Intensity And Growth GovernorsHeavy upfront CapEx and $11M–$13M/MW build economics mean long payback horizons. Structural limits — grid power availability and supply‑chain capacity — can throttle the pace of monetizing contracted capacity, prolonging cash conversion and magnifying execution risk if timelines slip.
Applied Digital Corporation News
APLD FAQ
What was Applied Digital Corporation’s price range in the past 12 months?
Applied Digital Corporation lowest stock price was $13.16 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 $8.92B.
When is Applied Digital Corporation’s upcoming earnings report date?
Applied Digital Corporation’s upcoming earnings report date is Oct 14, 2026 which is in 60 days.
How were Applied Digital Corporation’s earnings last quarter?
Applied Digital Corporation released its earnings results on Jul 27, 2026. The company reported -$0.39 earnings per share for the quarter, missing the consensus estimate of -$0.114 by -$0.276.
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 291,469,120 shares outstanding.
What happened to Applied Digital Corporation’s price movement after its last earnings report?
Applied Digital Corporation reported an EPS of -$0.39 in its last earnings report, missing expectations of -$0.114. Following the earnings report the stock price went up 0.929%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$72.56 (166.87% Upside)
$72.56 (166.87% Upside)
Blogger Sentiment
Bullish
APLD Sentiment 93%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 0.1%
Last 30 Days ▼ 0.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
145.34%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
430.95%
Trailing 12-Months
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
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized substantial commercial progress (expanding from $7B to $36B contracted revenue, 1.41 GW contracted, multiple large campus leases), on-time/on-budget delivery, strong quarter-over-quarter revenue growth (+407%) and improved adjusted profitability (Adjusted EBITDA $42.4M; adjusted net income $12.9M). Management also highlighted successful financing transactions that materially lowered the company’s cost of capital and a strong cash position. Key risks noted include a GAAP net loss ($111.6M), significant one-time stock-based compensation and elevated upfront tenant fit-out costs, as well as growth governors such as power availability and supply-chain capacity that will determine the pace of future realization of contracted revenues.View all APLD earnings summariesAPLD Stock 12 Month Forecast
Average Price Target
$72.56
▲(166.87% Upside)
Technical Analysis
Digital Realty
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Equinix
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DigitalOcean Holdings
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Ingram Micro Holding Corporation
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CoreWeave
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Ownership Overview
9.78% Insiders
19.04% Mutual Funds
7.77% Other Institutional Investors
48.56% Public Companies and Individual Investors