DALLAS, July 15, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of high-performance, sustainably engineered data centers and colocation services for Artificial Intelligence (“AI”), networking, and blockchain workloads, will host a conference call on Monday, July 27, 2026, at 5:00 p.m. Eastern Time to discuss its operations and financial results for the fiscal fourth quarter and full year ended May 31, 2026. A press release detailing these results will be issued after the market closes on the same day.

globenewswire.com - 2026-07-15 16:05:00

I rate Applied Digital a Strong Buy with a $54 price target, implying 86% upside from $29. My biggest growth drivers are Polaris Forge 1, Polaris Forge 2 and Delta Forge 2, which I estimate can add about $526Mn in incremental EBITDA and $0.68 in EPS. I arrive at my price target by applying a FWD EV/EBITDA of 30x to the estimated incremental EBITDA.

seekingalpha.com - 2026-07-15 10:45:26

Applied Digital (APLD) has transitioned from crypto data centers to a leading AI infrastructure platform, targeting hyperscaler demand for high-density capacity. APLD boasts $36B in contracted lease revenue across five AI Factory campuses, with 1.4 GW critical IT load and diversified, investment-grade tenants. Financing strength is evident: multi-billion dollar project-level debt and revolving credit facilities support rapid expansion, with future refinancing potential.

seekingalpha.com - 2026-07-14 05:12:12

TeraWulf recently signed a 20-year deal with Anthropic, prompting one analyst to predict that the stock will more than triple from current levels. Applied Digital has an easier path to building neocloud data centers since it does not supply the servers or AI chips.

fool.com - 2026-07-13 14:51:00

Applied Digital faces pressure as heavy AI data center expansion, customer concentration and premium valuation cloud its near-term outlook despite strong growth.

zacks.com - 2026-07-13 13:25:21

Applied Digital receives a Buy rating, driven by robust triple-digit revenue growth and strong future demand signals. APLD is positioned as a significant beneficiary in the data center market, which may still be in its early innings. Despite substantial appreciation and not being the cheapest data center play, I see no structural concerns undermining the bullish thesis.

seekingalpha.com - 2026-07-13 08:19:21

Applied Digital has successfully pivoted from crypto mining to AI-focused data center operations, securing long-term hyperscaler contracts. APLD boasts $36 billion in contracted lease value over 15 years, with $2 billion annualized NOI and rapid capacity expansion through 2028. Macquarie's potential $5 billion investment and a 97% stake in ChronoScale enhance APLD's growth and asset value, but monetization challenges exist.

seekingalpha.com - 2026-07-11 12:35:00

Applied Digital's AI data center expansion is backed by long-term leases, but heavy reliance on a few hyperscale customers raises long-term revenue and execution risks.

zacks.com - 2026-07-10 13:05:30

While not technically a pure-play GPU-as-a-Service or neocloud operator, Penguin Solutions NASDAQ: PENG is essentially in the same business as Nebius NASDAQ: NBIS, Iren NASDAQ: IREN, and Applied Digital NASDAQ: APLD, but with far less risk.

marketbeat.com - 2026-07-08 11:26:58

Shares of TeraWulf (NASDAQ:WULF) are down 8% to $20.41 in Tuesday's midday session, reversing yesterday's rally on the Anthropic mega-deal.

247wallst.com - 2026-07-07 12:54:08

APLD is ramping up AI data center expansion with billions in new financing, as much of its contracted capacity has yet to generate recurring revenues.

zacks.com - 2026-07-03 13:31:07

Hyperscaler capex has ballooned to nearly $700 billion, up from roughly $400 billion just three months earlier, according to Applied Digital CEO Wes Cummins.

247wallst.com - 2026-07-01 13:01:40

DALLAS, July 01, 2026 (GLOBE NEWSWIRE) -- Applied Digital (NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking, and blockchain workloads, today announced it has achieved Ready for Service for Phase 1 of Building 2 at Polaris Forge 1, delivering 75 MW of operational AI capacity to its customer on schedule and bringing total live capacity at the campus to 175 MW. The delivery marks the next major milestone in the continued buildout of Polaris Forge 1, Applied Digital's fully leased AI Factory Campus designed to support high-density artificial intelligence and high-performance computing workloads.

globenewswire.com - 2026-07-01 13:00:00

Coinbase (NASDAQ:COIN | COIN Price Prediction) Head of Institutional Strategy John D'Agostino used a recent CNBC Squawk Box appearance to push back on the wave of skepticism that has followed a brutal stretch for crypto prices.

247wallst.com - 2026-06-30 12:28:42

At $45.20, Applied Digital (NASDAQ:APLD) looks fully valued.

247wallst.com - 2026-06-30 12:21:12

Applied Digital Chairman and CEO Wes Cummins delivered a message on CNBC's Squawk on the Street about the AI data center buildout.

247wallst.com - 2026-06-29 17:45:28

SNPS stands out in the AI boom with recurring revenues, expanding AI-driven design tools and IP licensing, while APLD faces customer concentration risks.

zacks.com - 2026-06-23 12:16:08

BISMARCK, N.D., June 22, 2026 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE: MDU) subsidiary, Montana-Dakota Utilities Co., has entered into an electric service agreement (ESA) with Applied Digital Corporation (NASDAQ: APLD) to provide power to Polaris Forge 3, an AI Factory near Center, North Dakota.

prnewswire.com - 2026-06-22 16:30:00

Despite Applied Digital's great potential, it's not a no-brainer buy. The stock is richly valued, the company isn't yet posting profits, and it's carrying a lot of debt.

fool.com - 2026-06-20 07:45:00

Applied Digital's contracted revenue is concentrated among a few hyperscalers, raising concerns that future growth may hinge on a narrow customer base.

zacks.com - 2026-06-17 11:01:07

Applied Digital's AI-fueled surge masks growing concerns over customer concentration, rising debt and an uncertain path to profitability.

zacks.com - 2026-06-16 10:11:08

The booming demand for AI data centers is supercharging Applied Digital's growth.

fool.com - 2026-06-15 16:58:00

Applied Digital NASDAQ: APLD recently finalized a 15-year, 210-megawatt lease at its Delta Forge 2 campus, signaling a definitive transition from a high-beta crypto miner to a tier-one digital infrastructure landlord.

marketbeat.com - 2026-06-12 08:30:33

The AI company is reporting boom sales.

fool.com - 2026-06-12 00:03:53

Applied Digital can emerge as a winning artificial intelligence (AI) infrastructure stock in 2026 if it keeps turning contracted capacity into real revenue.

fool.com - 2026-06-10 15:45:00

DALLAS, June 09, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ: APLD) (“Applied Digital” or the “Company”), a leading designer, builder and operator of high-performance, sustainably engineered data centers and colocation services for Artificial Intelligence (“AI”), networking, and blockchain workloads, today announced that its subsidiary, APLD ComputeCo 3 LLC (“APLD ComputeCo 3”), has priced a $1.59 billion offering (the “Offering”) of 7.000% senior secured notes due 2031 (the “Notes”) at par. The Notes will be sold in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act. The Offering is expected to close on or around June 16, 2026, subject to market and other conditions.

globenewswire.com - 2026-06-09 17:27:00

Applied Digital Corporation secured a 210 MW, $5.2B, 15-year lease at Delta Forge 2, expanding its contracted revenue backlog to $36B across five campuses. APLD's franchise model enables scalable, repeatable growth, with 1.4 GW of critical IT load now pre-sold under long-term, take-or-pay leases to investment-grade hyperscalers. A $1.59B senior secured notes offering funds construction and repays bridge debt, aligning capital with already contracted demand and de-risking capex.

seekingalpha.com - 2026-06-09 13:29:48

Applied Digital (APLD) shares jumped about 10% on early Tuesday after the company said it signed a long-term lease tied to its AI data center expansion.The agre

gurufocus.com - 2026-06-09 12:02:00

Applied Digital Corporation (NASDAQ:APLD) shares are in focus today, a day after the company announced its fifth AI Factory campus lease — continuing a deal-signing streak that has rapidly transformed the Dallas-based data center developer into one of the most active builders of AI infrastructure in the country.

benzinga.com - 2026-06-09 08:48:05

The data-center developer announces the signing of a 15-year lease at a secretive new artificial-intelligence campus somewhere in a southern U.S. state.

barrons.com - 2026-06-09 08:39:00

Applied Digital (APLD) rose 10.34% in premarket after the company announced a 15-year, take-or-pay lease at its Delta Forge 2 campus covering 210 MW of critical

gurufocus.com - 2026-06-09 08:21:00

DALLAS, June 09, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ: APLD) (“Applied Digital” or the “Company”), a leading designer, builder and operator of high-performance, sustainably engineered data centers and colocation services for Artificial Intelligence (“AI”), networking, and blockchain workloads, today announced that its subsidiary, APLD ComputeCo 3 LLC (“APLD ComputeCo 3”), intends to offer, subject to market conditions and other factors, $1.59 billion aggregate principal amount of senior secured notes due 2031 (the “Notes”), in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act.

globenewswire.com - 2026-06-09 07:55:00

APLD, ACRE and SKY have been added to the Zacks Rank #5 (Strong Sell) List on June 9, 2026.

zacks.com - 2026-06-09 07:31:10

Applied Digital has signed a 15-year lease with a U.S.-based hyperscaler at its Delta Forge 2 site ​which is expected to generate about $5.2 billion in ‌revenue over the period, sending the company's shares up 8.7% in extended trading.

reuters.com - 2026-06-08 16:50:50

DALLAS, June 08, 2026 (GLOBE NEWSWIRE) -- Applied Digital (NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking, and blockchain workloads, today announced it has entered into a new long-term lease agreement at Delta Forge 2, a purpose-built AI Factory campus located in a new southern state.

globenewswire.com - 2026-06-08 16:05:00

DALLAS, June 08, 2026 (GLOBE NEWSWIRE) -- Applied Digital (NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking, and blockchain workloads, today announced it has entered into a new long-term lease agreement at Delta Forge 2, a purpose-built AI Factory campus located in a new southern state. The lease is with a U.S. based high investment-grade hyperscaler, marking the company's fifth AI Factory campus overall.

globenewswire.com - 2026-06-08 16:05:00

APLD's power strategy centers on securing utility-connected capacity and expanding grid resources to support rising AI infrastructure demand.

zacks.com - 2026-06-08 12:32:07

The AI trade was hot last month, and Applied Digital saw strong bullish momentum. The company's share price surged in conjunction with data center news and analyst price target increases.

fool.com - 2026-06-08 09:49:56

DALLAS, June 08, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ: APLD) (“Applied Digital” or the “Company”), a leading designer, builder and operator of high-performance, sustainably engineered data centers and colocation services for Artificial Intelligence (“AI”), networking, and blockchain workloads, today announced that it closed a revolving credit facility (the “Credit Facility”) on May 29, 2026. The Credit Facility was arranged by Goldman Sachs and provides for up to $350 million of committed capacity with an additional accordion option of up to $200 million.

globenewswire.com - 2026-06-08 08:00:00

Applied Digital (APLD 10.26%) has become a high-stakes AI infrastructure story after a massive stock rally and a fast-growing hyperscaler backlog. The bullish case is built around contracted demand, scarce data center capacity, and long-term AI compute growth.

fool.com - 2026-06-07 10:45:00

Several ​large data centers and crypto facilities planning to connect to the Texas power grid ahead of ‌peak summer demand have failed key reliability tests, raising the risk of power outages just as electricity use hits its seasonal high, according to the state grid operator.

reuters.com - 2026-06-05 12:53:23

In the past two days, bitcoin's highest conviction holders have sold about $2.4 billion in bitcoin. Of the bitcoin sold in the past 30 days, 26% came from investors who bought it above $90,000.

cnbc.com - 2026-06-03 14:37:51

Everyone knows Nvidia powers the AI boom. Far fewer investors are paying attention to the companies building the infrastructure behind it.

fool.com - 2026-06-03 10:30:00

The Polaris Forge 3 lease expands Applied Digital's contracted backlog to $31 billion, 67% of which is tied to investment-grade hyperscaler, which could unlock cheap project financing. The 1-month gap between the Delta Forge 1 and Polaris Forge 3 leases suggests that the same customer is likely to lease the remaining 300 MW site in the near-term. The short gap also points to a broader trend of hyperscalers securing compute capacity for 2027-2028 deployments, in time for the rollout of Nvidia's Rubin Ultra and Feynman GPU architectures.

seekingalpha.com - 2026-05-28 10:54:00

Applied Digital chairman and CEO Wes Cummins joins CNBC's 'Squawk on the Street' discuss the company's new $7.5 billion hyperscaler lease, the demand for hyperscaler and spending trends.

youtube.com - 2026-05-27 12:16:54

Applied Digital Corp (NASDAQ:APLD) shares are up Tuesday morning as traders lean into the company's $7.5 billion, 15-year AI campus leasing win and the broader risk-on tape. Here's what investors need to know.

benzinga.com - 2026-05-26 09:58:04

For the past two years, the AI race has been defined by one question: who can get enough Nvidia Corp. (NASDAQ:NVDA) chips? According to IREN Ltd.

benzinga.com - 2026-05-25 12:15:23

Applied Digital remains a compelling AI infrastructure investment, driven by a surging revenue backlog and hyperscaler demand. APLD's new 15-year deal with a leading U.S. hyperscaler adds $7.5B to its backlog, now totaling $31B. I see further upside in APLD's valuation, as ongoing AI Data Center buildouts could add billions more to its contracted revenues.

seekingalpha.com - 2026-05-23 08:43:06

Tim Bohen (@Stockstotrade) believes the stock market remains resilient despite all of the volatility surrounding global trade. His bull thesis revolves around the AI evolution and highlights stocks he sees aiding growth in the sector.

youtube.com - 2026-05-22 13:00:38

Applied Digital Corp (NASDAQ:APLD) shares are trading lower during Friday's pre-market session as traders continue to digest the latest AI campus deal headlines.

benzinga.com - 2026-05-22 09:20:57