Applied Digital (APLD) Projected to Post Earnings on Thursday

Key Points

• Applied Digital (NASDAQ: APLD) is expected to report its Q1 2026 earnings on October 9, with analysts projecting a loss of ($0.11) per share and revenue of $52.25 million.
• The company reported a revenue increase of 41.3% year-over-year in its last earnings announcement, despite a negative net margin of 107.22%.
• Several analysts have upgraded their ratings on Applied Digital, pushing the average target price to $15.64, indicating a bullish outlook for the stock.

Applied Digital (NASDAQ:APLD - Get Free Report) is anticipated to issue its Q1 2026 results before the market opens on Thursday, October 9th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $52.2460 million for the quarter. Parties may review the information on the company's upcoming Q1 2026 earningreport for the latest details on the call scheduled for Thursday, October 9, 2025 at 5:00 PM ET.

Applied Digital (NASDAQ:APLD - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported ($0.12) EPS for the quarter, hitting the consensus estimate of ($0.12). Applied Digital had a negative net margin of 107.22% and a negative return on equity of 50.03%. The company had revenue of $38.01 million during the quarter, compared to analysts' expectations of $42.86 million. During the same period last year, the company posted ($0.14) earnings per share. The business's revenue for the quarter was up 41.3% on a year-over-year basis. On average, analysts expect Applied Digital to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Applied Digital Stock Up 9.0%

APLD stock opened at $25.00 on Thursday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.77 and a quick ratio of 0.77. The firm has a market capitalization of $6.85 billion, a P/E ratio of -22.94 and a beta of 6.78. Applied Digital has a 52-week low of $3.31 and a 52-week high of $25.61. The company's 50 day simple moving average is $16.51 and its 200-day simple moving average is $10.79.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Craig Hallum boosted their target price on shares of Applied Digital from $12.00 to $23.00 and gave the company a "buy" rating in a research note on Monday, August 18th. Compass Point started coverage on Applied Digital in a research note on Monday, September 15th. They issued a "buy" rating for the company. Needham & Company LLC lifted their target price on Applied Digital from $12.00 to $16.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. HC Wainwright upped their target price on Applied Digital from $15.00 to $20.00 and gave the company a "buy" rating in a report on Monday, August 25th. Finally, Lake Street Capital increased their price target on shares of Applied Digital from $14.00 to $18.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating and twelve have issued a Buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of $15.64.

Insider Buying and Selling

In other news, Director Richard N. Nottenburg sold 20,000 shares of the company's stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $15.26, for a total transaction of $305,200.00. Following the completion of the sale, the director owned 297,987 shares in the company, valued at approximately $4,547,281.62. This represents a 6.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Wes Cummins sold 400,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $15.26, for a total value of $6,104,000.00. Following the completion of the transaction, the chief executive officer directly owned 2,659,379 shares in the company, valued at $40,582,123.54. The trade was a 13.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 506,250 shares of company stock worth $7,713,675. Corporate insiders own 9.50% of the company's stock.

Hedge Funds Weigh In On Applied Digital

Institutional investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Applied Digital in the second quarter worth $26,000. Geneos Wealth Management Inc. lifted its position in Applied Digital by 113.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 6,667 shares of the company's stock worth $37,000 after acquiring an additional 3,542 shares during the last quarter. Strs Ohio bought a new stake in Applied Digital during the first quarter valued at about $71,000. AQR Capital Management LLC grew its position in shares of Applied Digital by 84.8% in the first quarter. AQR Capital Management LLC now owns 18,945 shares of the company's stock valued at $106,000 after purchasing an additional 8,692 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of Applied Digital by 239.1% in the first quarter. NewEdge Advisors LLC now owns 33,267 shares of the company's stock worth $187,000 after purchasing an additional 23,457 shares during the period. Institutional investors own 65.67% of the company's stock.

Applied Digital Company Profile

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.

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