Applied Digital Co. to Post FY2026 Earnings of ($0.81) Per Share, Roth Capital Forecasts (NASDAQ:APLD)

Applied Digital Co. (NASDAQ:APLD - Free Report) - Stock analysts at Roth Capital issued their FY2026 earnings per share estimates for shares of Applied Digital in a report issued on Friday, April 12th. Roth Capital analyst D. Aftahi anticipates that the company will post earnings of ($0.81) per share for the year. The consensus estimate for Applied Digital's current full-year earnings is ($0.48) per share.

Several other equities research analysts have also recently issued reports on the stock. Roth Mkm decreased their target price on shares of Applied Digital from $13.00 to $8.00 and set a "buy" rating on the stock in a research report on Friday. B. Riley cut their price objective on Applied Digital from $10.00 to $8.00 and set a "buy" rating on the stock in a research report on Friday, April 5th. Needham & Company LLC reduced their price target on Applied Digital from $13.00 to $11.00 and set a "buy" rating on the stock in a research report on Friday. Finally, Lake Street Capital decreased their target price on shares of Applied Digital from $19.00 to $7.00 and set a "buy" rating for the company in a research note on Friday. Five analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $9.20.

Applied Digital Price Performance

APLD stock traded down $0.19 during trading on Monday, hitting $2.52. The stock had a trading volume of 4,939,738 shares, compared to its average volume of 3,676,211. The company's 50 day moving average price is $4.17 and its two-hundred day moving average price is $5.09. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.30 and a current ratio of 0.30. The stock has a market cap of $306.94 million, a price-to-earnings ratio of -3.18 and a beta of 4.12. Applied Digital has a 1-year low of $2.49 and a 1-year high of $11.62.

Applied Digital (NASDAQ:APLD - Get Free Report) last posted its quarterly earnings results on Tuesday, January 16th. The company reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of $42.20 million for the quarter, compared to analyst estimates of $54.78 million. Applied Digital had a negative net margin of 61.84% and a negative return on equity of 75.46%.

Insider Transactions at Applied Digital

In related news, Director Virginia Moore sold 30,000 shares of the business's stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $4.74, for a total value of $142,200.00. Following the completion of the transaction, the director now owns 148,630 shares in the company, valued at approximately $704,506.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 23.70% of the stock is currently owned by company insiders.

Institutional Trading of Applied Digital

Large investors have recently made changes to their positions in the company. Capital Research Global Investors raised its position in shares of Applied Digital by 427.2% during the fourth quarter. Capital Research Global Investors now owns 7,337,288 shares of the company's stock worth $49,453,000 after purchasing an additional 5,945,559 shares during the period. Equitec Proprietary Markets LLC lifted its stake in Applied Digital by 415.4% in the fourth quarter. Equitec Proprietary Markets LLC now owns 4,168,657 shares of the company's stock valued at $28,097,000 after buying an additional 3,359,845 shares in the last quarter. Nokomis Capital L.L.C. boosted its holdings in shares of Applied Digital by 129.2% in the fourth quarter. Nokomis Capital L.L.C. now owns 2,940,955 shares of the company's stock valued at $19,822,000 after buying an additional 1,658,003 shares during the period. Vanguard Group Inc. increased its position in shares of Applied Digital by 40.6% during the third quarter. Vanguard Group Inc. now owns 3,335,542 shares of the company's stock worth $20,814,000 after acquiring an additional 963,390 shares in the last quarter. Finally, Oasis Management Co Ltd. raised its holdings in shares of Applied Digital by 23.6% during the fourth quarter. Oasis Management Co Ltd. now owns 4,928,129 shares of the company's stock worth $33,216,000 after acquiring an additional 940,075 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.