Applied Digital (APLD) to Release Quarterly Earnings on Thursday

Key Points

• Applied Digital is expected to report Q4 2026 earnings after the market closes Thursday, August 20. Analysts anticipate a loss of $0.2433 per share and revenue of approximately $92.6 million.
• The company’s previous quarter significantly missed earnings expectations, reporting a $0.39-per-share loss versus a projected $0.09 loss, despite revenue surging 406.3% year over year to $240.35 million.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and average price target of $68.15, but investors face risks from heavy capital needs, elevated debt, competition, valuation concerns and continued losses.

Applied Digital (NASDAQ:APLD - Get Free Report) is expected to post its Q4 2026 results after the market closes on Thursday, August 20th. Analysts expect Applied Digital to post earnings of ($0.2433) per share and revenue of $92.5550 million for the quarter. Individuals may visit the the company's upcoming Q4 2026 earning report page for the latest details on the call scheduled for Monday, July 27, 2026 at 5:00 PM ET.

Applied Digital (NASDAQ:APLD - Get Free Report) last released its quarterly earnings data on Monday, July 27th. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.30). Applied Digital had a negative return on equity of 16.42% and a negative net margin of 37.78%.The business had revenue of $240.35 million during the quarter, compared to the consensus estimate of $96.85 million. During the same period last year, the business posted ($0.24) earnings per share. The firm's quarterly revenue was up 406.3% on a year-over-year basis. On average, analysts expect Applied Digital to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Applied Digital Trading Up 4.9%

Shares of APLD stock opened at $31.15 on Thursday. The company's fifty day simple moving average is $34.47 and its two-hundred day simple moving average is $33.97. The company has a debt-to-equity ratio of 2.88, a current ratio of 4.01 and a quick ratio of 4.01. Applied Digital has a 1 year low of $13.16 and a 1 year high of $50.72. The stock has a market capitalization of $9.08 billion, a price-to-earnings ratio of -35.00 and a beta of 5.75.

Wall Street Analyst Weigh In

APLD has been the subject of several recent research reports. Lake Street Capital lifted their price target on Applied Digital from $70.00 to $90.00 and gave the company a "buy" rating in a research report on Tuesday, June 9th. B. Riley Financial reissued a "buy" rating and set a $75.00 price objective (up from $66.00) on shares of Applied Digital in a report on Monday, August 3rd. Wall Street Zen downgraded Applied Digital from a "sell" rating to a "strong sell" rating in a research note on Saturday, August 8th. Needham & Company LLC reaffirmed a "buy" rating and set a $83.00 target price on shares of Applied Digital in a report on Tuesday, July 28th. Finally, Lucid Cap Mkts raised Applied Digital to a "strong-buy" rating in a report on Wednesday, May 27th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Applied Digital has a consensus rating of "Moderate Buy" and an average target price of $68.15.

Applied Digital News Summary

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

• Positive Sentiment: Strong forecasts from AI infrastructure companies CoreWeave and Super Micro, along with CoreWeave’s reported capacity sellout, reinforced expectations for sustained demand for data centers and computing power. That optimism provided a favorable read-through for Applied Digital’s data-center and AI infrastructure business. CoreWeave Jumps 18% as AI Capacity Sells Out
• Positive Sentiment: Broad gains across neocloud stocks and a newly introduced ETF focused on the group could increase investor attention and capital flows toward companies involved in AI computing infrastructure, benefiting sentiment around APLD. CoreWeave & Nebius Are Soaring
• Neutral Sentiment: Commentary highlighting a potential bull-case price of $68 versus a bear case of $16 underscores the unusually wide range of outcomes investors see for Applied Digital, reflecting both significant AI-growth potential and substantial execution risk. APLD Stock Prediction: $68 Bull Case vs. $16 Bear Case
• Negative Sentiment: Analysts and market commentary flagged heavy capital requirements, elevated debt, intensifying competition, weaker earnings estimates and an expensive valuation as risks to the stock’s rally. These concerns are particularly important given Applied Digital’s recent earnings miss despite sharply higher revenue. APLD Surges 101% in a Year: Should You Buy, Sell or Hold the Stock?

Insider Buying and Selling

In other Applied Digital news, Director Richard N. Nottenburg sold 75,000 shares of the firm's stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $31.15, for a total value of $2,336,250.00. Following the completion of the transaction, the director directly owned 133,378 shares of the company's stock, valued at $4,154,724.70. This trade represents a 35.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 9.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Applied Digital

Several large investors have recently added to or reduced their stakes in APLD. McMillan Office Inc. bought a new position in Applied Digital in the 4th quarter worth about $25,000. Ameriflex Group Inc. bought a new stake in shares of Applied Digital during the 4th quarter valued at about $25,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Applied Digital during the fourth quarter worth about $27,000. Larson Financial Group LLC grew its holdings in shares of Applied Digital by 56,450.0% during the third quarter. Larson Financial Group LLC now owns 1,131 shares of the company's stock worth $26,000 after purchasing an additional 1,129 shares in the last quarter. Finally, Strive Financial Group LLC purchased a new position in shares of Applied Digital during the fourth quarter worth about $31,000. Institutional investors own 65.67% of the company's stock.

Applied Digital Company Profile

Applied Digital NASDAQ: APLD is a technology company specializing in the development and operation of large-scale digital infrastructure and sustainable Bitcoin mining solutions. Through its integrated platform, the company designs, builds and manages turnkey data center facilities while also providing comprehensive hosting services for cloud, colocation and enterprise computing needs. Applied Digital's modular approach to facility design enables rapid deployment of capacity and streamlined integration of power, cooling and network connectivity.

In addition to its data center business, Applied Digital operates a network of Bitcoin mining sites that leverage vertically integrated capabilities, including hardware procurement, mining farm engineering, energy management and real-time performance monitoring.

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