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Applied Digital (APLD) Stock Price, News & Analysis

Applied Digital logo
$18.25 -0.84 (-4.40%)
Closing price 10/23/2026 04:00 PM Eastern
Extended Trading
$18.24 -0.01 (-0.06%)
As of 10/23/2026 08:00 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Applied Digital Stock (NASDAQ:APLD)

Advanced

Key Stats

Today's Range
$18.14
▼
$19.49
50-Day Range
$18.05
▼
$31.18
52-Week Range
$17.65
▼
$50.72
Volume
18.12 million shs
Average Volume
26.79 million shs
Market Capitalization
$5.52 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$59.75
Consensus Rating
Moderate Buy

Company Overview

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

Its business includes high-performance computing data centers and cloud services intended to support artificial intelligence, machine learning, cryptocurrency mining and other compute-intensive workloads. Applied Digital also develops purpose-built facilities and provides infrastructure, power and operational services to help customers deploy and scale advanced computing systems.

The company serves customers primarily in the United States. Applied Digital was formerly known as Applied Blockchain before adopting its current name as it expanded its focus beyond blockchain-related infrastructure. Wes Cummins serves as the company’s chairman and chief executive officer.

AI Generated. May Contain Errors.

Applied Digital Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
89th Percentile Overall Score

APLD MarketRank™: 
4.470083176815 of 5 stars

Applied Digital scored higher than 89% of companies evaluated by MarketBeat, and ranked 94th out of 587 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Applied Digital has received a consensus rating of Moderate Buy. The company's average rating score is 2.84, and is based on 3 strong buy ratings, 12 buy ratings, 2 hold ratings, and 2 sell ratings.

  • Upside Potential

    Applied Digital has a consensus price target of $59.75, representing about 227.4% upside from its current price of $18.25.

  • Amount of Analyst Coverage

    Applied Digital has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Applied Digital's stock forecast and price target.
  • Earnings Growth

    Earnings for Applied Digital are expected to grow in the coming year, from ($2.17) to ($1.99) per share.

  • Price to Book Value per Share Ratio

    Applied Digital has a P/B Ratio of 3.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Applied Digital's valuation and earnings.
  • Percentage of Shares Shorted

    21.47% of the float of Applied Digital has been sold short.
  • Short Interest Ratio / Days to Cover

    Applied Digital has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Applied Digital has recently decreased by 2.13%, indicating that investor sentiment is improving.
  • Dividend Yield

    Applied Digital does not currently pay a dividend.

  • Dividend Growth

    Applied Digital does not have a long track record of dividend growth.

  • News Sentiment

    Applied Digital has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 47 news articles for Applied Digital this week, compared to 9 articles on an average week.
  • Search Interest

    239 people have searched for APLD on MarketBeat in the last 30 days. This is an increase of 55% compared to the previous 30 days.
  • MarketBeat Follows

    80 people have added Applied Digital to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Cluster Insider Buying

    2 insiders have purchased shares of Applied Digital in the last three months. Multiple insiders buying is a strong bullish signal.

  • Net Insider Buying

    Over the last three months, insiders have purchased a net $3,645,936.00 in company stock, which represents 0.0661% of the company's market cap.

  • Insider Buying vs. Insider Selling

    In the past three months, Applied Digital insiders have bought 120.78% more of their company's stock than they have sold. Specifically, they have bought $6,664,686.00 in company stock and sold $3,018,750.00 in company stock.

  • Percentage Held by Insiders

    9.50% of the stock of Applied Digital is held by insiders.

  • Percentage Held by Institutions

    65.67% of the stock of Applied Digital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Applied Digital's insider trading history.
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APLD Stock News Headlines

Bronze bull and bear statues face off in an urban financial district at sunset.
MarketBeat Week in Review – 10/19 - 10/23 (APLD)
A market sell-off spread beyond tech as oil prices surged and AI concerns grew. MarketBeat analysts recap the week's top stories on earnings, from Halliburton to Meta Platforms and General Motors.
Reviewing Kingsoft Cloud (NASDAQ:KC) and Applied Digital (NASDAQ:APLD)
Earth's biggest energy source: near Grand Canyon
The largest energy source on Earth contains 50,000 times every oil and gas reserve on the planet combined - and much of it sits beneath the desert near the Grand Canyon. A drilling crew just hit the DOE's 2035 targets twelve years early, with costs down 50% in 18 months. Google signed on, Gates invested, and the Pentagon made it a priority. One company has been quietly building this infrastructure for sixty years.tc pixel
Applied Digital (NASDAQ:APLD) Research Coverage Started at Roth Capital
AI Stocks Are Wobbling, but the Spending Cycle Behind NVIDIA May Have Years to Run
The AI Buildout Is Only 15% Complete—Here Is Where the Next Dollar Actually Goes (APLD)
AI spending is less than 15% complete in Dan Ives' view, with NVIDIA, Palantir, Meta and the neoclouds anchoring a bull run he sees lasting 2 to 3 more years.
Aerial view of an Applied Digital data center facility with cooling units and buildings at sunset.
Powering Up: Applied Digital Execs Buy $6.7M in Stock
Applied Digital's CEO and president bought over $6.6 million in shares after a stock selloff, even as the company reports a $36 billion contracted backlog and surging AI revenue.
See More Headlines

APLD Stock Analysis - Frequently Asked Questions

Applied Digital's stock was trading at $24.52 at the beginning of the year. Since then, APLD shares have decreased by 25.6% and is now trading at $18.25.

Applied Digital Corporation (NASDAQ:APLD) released its quarterly earnings data on Wednesday, October, 7th. The company reported ($0.01) EPS for the quarter, topping analysts' consensus estimates of ($0.30) by $0.29. The company's quarterly revenue was up 367.8% on a year-over-year basis.
Read the conference call transcript
.

Applied Digital shares reverse split on Wednesday, April 13th 2022.The 1-6 reverse split was announced on Wednesday, April 13th 2022. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, April 13th 2022. An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split.

Applied Digital (APLD) raised $40 million in an initial public offering on Wednesday, April 13th 2022. The company issued 8,000,000 shares at $5.00 per share.

Applied Digital's top institutional shareholders include Thor Investment Management Inc. OH ADV (0.09%), McGuire Investment Group LLC (0.05%), Tactive Advisors LLC (0.05%) and Royal Fund Management LLC (0.03%). Insiders that own company stock include Wes Cummins, Wes Cummins, Jason Gechen Zhang, Chuck Hastings, Douglas S Miller, Virginia Moore, Mohammad Saidal Lavanw Mohmand, Richard N Nottenburg, Ella G Benson and Rachel H Lee.
View institutional ownership trends
.

Shares of APLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Applied Digital investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Palantir Technologies (PLTR), Micron Technology (MU), Tesla (TSLA), SoundHound AI (SOUN) and Broadcom (AVGO).

Company Calendar

Last Earnings
10/07/2026
Today
10/24/2026
Next Earnings (Estimated)
1/06/2027
Fiscal Year End
5/31/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
IT Services
Sub-Industry
Internet Services & Infrastructure
Current Symbol
NASDAQ:APLD
Previous Symbol
OTCMKTS:APLD
CIK
1144879
Employees
256
Year Founded
N/A

Price Target and Rating

High Price Target
$90.00
Low Price Target
$22.00
Potential Upside/Downside
+227.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.84
Research Coverage
19 Analysts

Profitability

EPS (Trailing Twelve Months)
($1.64)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$244 million
Net Margins
-51.28%
Pretax Margin
-38.73%
Return on Equity
-27.21%
Return on Assets
-5.23%

Debt

Debt-to-Equity Ratio
3.90
Current Ratio
2.56
Quick Ratio
2.56

Sales & Book Value

Annual Sales
$611.31 million
Price / Sales
9.03
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$5.32 per share
Price / Book
3.43

Miscellaneous

Outstanding Shares
302,390,000
Free Float
273,660,000
Market Cap
$5.52 billion
Optionable
Optionable
Beta
5.99

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This page (NASDAQ:APLD) was last updated on 10/23/2026 by MarketBeat.com Staff.
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