B. Riley Estimates Applied Digital FY2025 Earnings

Applied Digital Corporation (NASDAQ:APLD - Free Report) - B. Riley issued their FY2025 earnings per share estimates for shares of Applied Digital in a report issued on Wednesday, July 9th. B. Riley analyst N. Giles forecasts that the company will post earnings of ($1.06) per share for the year. B. Riley has a "Buy" rating and a $15.00 price target on the stock. The consensus estimate for Applied Digital's current full-year earnings is ($0.96) per share. B. Riley also issued estimates for Applied Digital's Q4 2025 earnings at ($0.21) EPS, FY2026 earnings at ($0.45) EPS and FY2027 earnings at $0.01 EPS.

Applied Digital (NASDAQ:APLD - Get Free Report) last released its earnings results on Monday, April 14th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.05). Applied Digital had a negative return on equity of 77.49% and a negative net margin of 109.99%. The business had revenue of $52.92 million for the quarter, compared to analyst estimates of $62.91 million. During the same quarter in the previous year, the firm posted ($0.24) EPS.

Several other equities research analysts have also commented on APLD. Cantor Fitzgerald decreased their price target on Applied Digital from $14.00 to $7.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 15th. Citizens Jmp raised Applied Digital to a "strong-buy" rating and set a $12.00 price target on the stock in a research note on Thursday, May 22nd. HC Wainwright boosted their price target on Applied Digital from $7.00 to $12.00 and gave the stock a "buy" rating in a research note on Tuesday, June 3rd. Needham & Company LLC reissued a "buy" rating and set a $10.00 price target on shares of Applied Digital in a research note on Monday, June 2nd. Finally, Citigroup reaffirmed an "outperform" rating on shares of Applied Digital in a research note on Tuesday, June 3rd. One analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $12.73.

Applied Digital Stock Performance

NASDAQ APLD opened at $9.18 on Monday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.56. The business's 50 day moving average is $9.04 and its two-hundred day moving average is $7.74. Applied Digital has a 12-month low of $3.01 and a 12-month high of $15.42. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of -6.70 and a beta of 6.04.

Insider Activity at Applied Digital

In other news, Director Rachel H. Lee sold 24,212 shares of the company's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $7.00, for a total transaction of $169,484.00. Following the completion of the sale, the director directly owned 83,613 shares in the company, valued at $585,291. This represents a 22.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 11.81% of the stock is currently owned by insiders.

Institutional Trading of Applied Digital

Several large investors have recently added to or reduced their stakes in the stock. Lake Hills Wealth Management LLC acquired a new stake in Applied Digital in the 2nd quarter valued at $184,000. Connective Portfolio Management LLC acquired a new stake in Applied Digital in the 2nd quarter valued at $201,000. Rhumbline Advisers increased its holdings in Applied Digital by 7.8% in the 1st quarter. Rhumbline Advisers now owns 279,191 shares of the company's stock valued at $1,569,000 after purchasing an additional 20,299 shares in the last quarter. Strs Ohio acquired a new stake in Applied Digital in the 1st quarter valued at $71,000. Finally, Wealth Management Associates Inc. boosted its position in Applied Digital by 25.5% in the 1st quarter. Wealth Management Associates Inc. now owns 95,660 shares of the company's stock valued at $538,000 after buying an additional 19,450 shares during the last quarter. 65.67% of the stock is currently owned by institutional investors and hedge funds.

About Applied Digital

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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