Is Applied Digital Corp. (APLD) a Buy, Sell, or Hold?
Applied Digital Corp.
NASDAQ:APLD
$28.4 USD
-$0.07 (-0.25%)
- Volume
- 14.07M
- Average Volume
- 22.29M
- Market Capitalization
- $8.12B
- P/E Ratio
- -37.71
- Dividend Yield
- 0.00%
- Price Target
- $80.50
- Year High
- $50.73
- Year Low
- $9.75
- Day High
- —
- Day Low
- —
- Payout Ratio
- $-0.03
- Current Ratio
- $2.38
Industry, Sector & symbol
| Stock Exchange | NASDAQ |
| CEO | Wes Cummins |
| Industry | Information Technology Services |
| Sector | Technology |
| Current Symbol | APLD |
| CUSIP | 038169207 |
| CIK | 0001144879 |
| Web | https://applieddigital.com |
| Phone | 214 427 1704 |
| Currency | USD |
| Employees | 205 |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | 1.79 |
| Payout Ratio | -0.03 |
| Current Ratio | 2.38 |
| Quick Ratio | 2.38 |
| Cash Ratio | 1.70 |
Sales & Book Value
| Annual Sales | $215.51M |
| Price / Sales | 22.81 |
| Cash Flow | -6.67 |
| Price / Cash Flow | -4.48 |
| Price / Book | 4.87 |
Price Target and Rating
| Average Stock Price Forecast | $80.50 |
| High Stock Price Forecast | $90.00 |
| Low Stock Price Forecast | $65.00 |
| Forecast Upside/Downside | -64.72% |
| Consensus Rating | Strong Sell |
| Rating Score(0-5) | 1 |
| Research Coverage | 13 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $-1.16 |
| Trailing P/E Ratio | -37.71 |
| PEG Ratio | -3.46 |
| P/E Growth | -3.46 |
| Net Income | $-231.06M |
| Net Margin | -52.41% |
| Pretax Margin | -41.79% |
| Return on Equity | -15.82% |
| Return on Assets | -2.98% |
Financials Score
| AltmanZ Score | 1.47 |
| Piotroski Score | 3.00 |
| Working Capital | 1.41B |
| Total Assets | 6.25B |
| Ebit | -131M |
| Market Cap | 8.24B |
| Total Liabilities | 3.68B |
Poll Results
About Applied Digital Corp. (NASDAQ:APLD) Stock
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 Ell ... endale, North Dakota. Applied Digital Corporation is based in Dallas, Texas.
Why Applied Digital Can Still Grow Into Its Premium
2026-07-15 10:45:26
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.
Applied Digital: The AI Power Landlord
2026-07-14 05:12:12
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.
Applied Digital vs. TeraWulf: Which Neocloud Stock Is the Better Buy?
2026-07-13 14:51:00
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.
APLD Dips 33% in a Month: Should You Hold or Fold the Stock?
2026-07-13 13:25:21
Applied Digital faces pressure as heavy AI data center expansion, customer concentration and premium valuation cloud its near-term outlook despite strong growth.
Applied Digital: Riding The Data Center Wave Before It Gets Crowded
2026-07-13 08:19:21
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.
Applied Digital: The 37% Drop Doesn't Get Me Excited
2026-07-11 12:35:00
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.
APLD's Customer Concentration Remains High: Will it Limit Growth?
2026-07-10 13:05:30
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.
Why Penguin Solutions May Be the Smartest AI Infrastructure Stock
2026-07-08 11:26:58
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.
Frequently Asked Questions
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What is the current Applied Digital Corp. (APLD) stock price?
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Applied Digital Corp.(NASDAQ:APLD) stock price is $28.4 in the last trading session. During the trading session, APLD stock reached the peak price of $50.725 while $9.75 was the lowest point it dropped to. The percentage change in APLD stock occurred in the recent session was --0.25% while the dollar amount for the price change in APLD stock was -$-0.07.
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APLD's industry and sector of operation?
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The NASDAQ listed APLD is part of Information Technology Services industry that operates in the broader Technology sector.
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Who are the executives of APLD?
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Laura Laltrello | Chief Operating Officer
Wesley Cummins | Chairman, CEO, Secretary & Treasurer
Jason Zhang | Co-Founder & President
Mark Chavez | Chief Compliance Officer & General Counsel
Nick Phillips | Executive Vice President of External Affairs -
How many employees does APLD have?
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Number of APLD employees currently stands at 205. APLD operates from 3811 Turtle Creek Boulevard, Dallas, TX 75219, US.
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Link for APLD official website?
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Official Website of APLD is: https://applieddigital.com
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How do I contact APLD?
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APLD could be contacted at phone #214 427 1704 and can also be accessed through its website. APLD operates from 3811 Turtle Creek Boulevard, Dallas, TX 75219, US.
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How many shares of APLD are traded daily?
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The average number of APLD shares traded daily for last 3 months was 22.29M.
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What is the market cap of APLD currently?
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The market value of APLD currently stands at $8.12B with its latest stock price at $28.4