Applied Digital Corporation (APLD) – What Are Researchers Saying About This Stock?

Applied Digital Corporation (NASDAQ:APLD) has earned a consensus rating of “Moderate Buy” from the nineteen ratings firms that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating, twelve have given a buy rating and three have assigned a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $62.25.

APLD has been the topic of a number of recent analyst reports. Northland Securities set a $82.00 price target on shares of Applied Digital and gave the stock an “outperform” rating in a research report on Wednesday, June 17th. Citigroup reissued a “market outperform” rating on shares of Applied Digital in a report on Thursday. Zacks Research downgraded Applied Digital from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Applied Digital in a research note on Tuesday, July 21st. Finally, Rothschild & Co Redburn set a $22.00 price target on Applied Digital and gave the company a “neutral” rating in a research report on Monday, September 21st.

Applied Digital Price Performance

Shares of APLD opened at $23.68 on Monday. Applied Digital has a one year low of $19.00 and a one year high of $50.72. The stock’s fifty day moving average is $27.00 and its 200-day moving average is $32.47. The company has a debt-to-equity ratio of 2.88, a quick ratio of 4.01 and a current ratio of 4.01. The firm has a market capitalization of $7.16 billion, a price-to-earnings ratio of -14.44 and a beta of 5.99.

Applied Digital (NASDAQ:APLD) last posted its quarterly earnings data on Wednesday, October 7th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.29. The business had revenue of $300.39 million during the quarter, compared to the consensus estimate of $116.29 million. Applied Digital had a negative net margin of 51.28% and a negative return on equity of 27.31%. The company’s quarterly revenue was up 367.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.03) earnings per share. Equities analysts anticipate that Applied Digital will post -1.09 EPS for the current year.

Insiders Place Their Bets

In related news, Director Richard Nottenburg sold 75,000 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $31.15, for a total transaction of $2,336,250.00. Following the completion of the transaction, the director owned 133,378 shares of the company’s stock, valued at $4,154,724.70. This trade represents a 35.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 9.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Applied Digital

Institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC raised its holdings in shares of Applied Digital by 42.6% in the 3rd quarter. GAMMA Investing LLC now owns 2,983 shares of the company’s stock worth $73,000 after purchasing an additional 891 shares in the last quarter. CoreCap Advisors LLC raised its position in shares of Applied Digital by 246.6% during the third quarter. CoreCap Advisors LLC now owns 2,194 shares of the company’s stock worth $53,000 after purchasing an additional 1,561 shares during the period. Valeo Financial Advisors LLC raised its position in shares of Applied Digital by 6.7% during the third quarter. Valeo Financial Advisors LLC now owns 12,343 shares of the company’s stock worth $301,000 after purchasing an additional 773 shares during the period. Two Seas Capital LP purchased a new stake in shares of Applied Digital during the third quarter valued at $1,218,000. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Applied Digital by 4.7% during the second quarter. Envestnet Asset Management Inc. now owns 13,333 shares of the company’s stock valued at $497,000 after purchasing an additional 596 shares during the last quarter. 65.67% of the stock is owned by institutional investors and hedge funds.

More Applied Digital News

Here are the key news stories impacting Applied Digital this week:

• Positive Sentiment: Revenue and earnings substantially exceeded expectations. Fiscal Q1 2027 revenue jumped 322% year over year to $341.9 million, while the adjusted loss of $0.01 per share was far narrower than analysts’ expected loss. Adjusted EBITDA reached $64.4 million, supporting the view that rising data-center utilization can improve operating leverage. APLD Q3 Deep Dive: AI Data Center Growth and Strategic Campus Expansion Highlight Quarter
• Positive Sentiment: Large capacity expansion could drive future recurring revenue. Management expects to bring more than 600 megawatts online over the next 12 months, while its contracted buildout is approximately 1.4 gigawatts. Analysts cited premium leases, AI demand and potential additional financing or leasing activity as catalysts. Applied Digital: More Than 600MW Could Drive The Next Leg Of Growth
• Positive Sentiment: Finland broadens the company’s power and geographic footprint. Applied Digital secured access to as much as 1 gigawatt of power capacity in Finland for a planned AI Factory campus. The Nordic region’s stable grids, available power and less-congested permitting environment could help the company serve hyperscale AI customers. What Is Applied Digital Signaling With Its First Finland AI Factory Move?
• Positive Sentiment: Analysts remain broadly optimistic. Needham maintained a Buy rating while lowering its target to $70 from $83, and other bullish commentary has pointed to targets near $65-$70, implying significant upside if Applied Digital executes its expansion plans. Applied Digital’s Hidden Moat Could Unlock Massive Upside
• Neutral Sentiment: Unusual options activity and a reported short-interest figure of zero shares may indicate changing positioning, but the short-interest data appears inconsistent and should be treated cautiously.
• Negative Sentiment: Profitability and funding remain concerns. Higher operating costs, interest expense and fair-value losses widened the GAAP loss. With a debt-to-equity ratio of 2.88, investors remain focused on the cost and availability of financing needed to complete the contracted buildout. Applied Digital Q1 Earnings Miss on Higher Costs, Revenues Beat
• Negative Sentiment: Higher Treasury yields have pressured financing-dependent AI and data-center stocks, while analysts continue to debate construction execution, competition and whether strong contracted revenue will convert into cash flow.

About Applied Digital

Applied Digital Corporation (NASDAQ: APLD) develops and operates digital infrastructure designed to support high-performance computing, artificial intelligence and other data-intensive applications. The company provides data-center capacity and related services to customers that require substantial computing power and electricity.

The company’s business has included hosting infrastructure for cryptocurrency-mining operations and, increasingly, developing facilities for artificial intelligence and high-performance computing workloads.