Applied Digital (APLD) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Applied Digital is expected to report fiscal Q1 2027 results after the market closes on October 7. Analysts anticipate a loss of approximately $0.30 per share and revenue of about $116.3 million.
• The company’s previous quarter missed EPS expectations but delivered $240.35 million in revenue, up 406.3% year over year. Analysts currently hold a “Moderate Buy” consensus rating with an average price target of $60.88.
• Investor sentiment is mixed: Applied Digital’s roughly $31 billion contracted backlog supports its AI data-center growth story, while valuation concerns, potential share dilution, high debt, and a recent Zacks “Strong Sell” ranking remain risks.

Applied Digital (NASDAQ:APLD - Get Free Report) will likely be releasing its Q1 2027 results after the market closes on Wednesday, October 7th. Analysts expect the company to announce earnings of ($0.2954) per share and revenue of $116.2890 million for the quarter. Interested persons can find conference call details on the company's upcoming Q1 2027 earning report page for the latest details on the call scheduled for Wednesday, October 7, 2026 at 5:00 PM ET.

Applied Digital (NASDAQ:APLD - Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The company reported ($0.39) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 company had revenue of $240.35 million for the quarter, compared to analyst estimates of $96.85 million. During the same period in the prior year, the company earned ($0.24) EPS. The company's quarterly revenue was up 406.3% compared to the same quarter last year. 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 Price Performance

Applied Digital stock opened at $25.41 on Wednesday. The firm has a market cap of $7.41 billion, a PE ratio of -28.55 and a beta of 5.72. The company has a debt-to-equity ratio of 2.88, a current ratio of 4.01 and a quick ratio of 4.01. The stock's fifty day moving average price is $27.47 and its two-hundred day moving average price is $32.65. Applied Digital has a one year low of $19.00 and a one year high of $50.72.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on APLD. Rothschild & Co Redburn set a $22.00 target price on Applied Digital and gave the stock a "neutral" rating in a report on Monday, September 21st. UBS Group began coverage on Applied Digital in a research note on Wednesday, September 23rd. They issued a "buy" rating and a $38.00 price target for the company. Craig Hallum upped their price objective on shares of Applied Digital from $75.00 to $79.00 and gave the stock a "buy" rating in a research report on Tuesday, June 9th. Needham & Company LLC reiterated a "buy" rating and set a $83.00 price objective on shares of Applied Digital in a research note on Tuesday, July 28th. Finally, Zacks Research lowered shares of Applied Digital from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 26th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $60.88.

Insider Transactions at Applied Digital

In other Applied Digital news, Director Richard Nottenburg sold 75,000 shares of the business's stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $31.15, for a total transaction of $2,336,250.00. Following the completion of the transaction, the director owned 133,378 shares of the company's stock, valued at approximately $4,154,724.70. The trade was a 35.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.50% of the stock is currently owned by corporate insiders.

Key Applied Digital News

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

• Positive Sentiment: Analyst support remains strong in parts of the market. Jones Trading initiated coverage with a Buy rating and a $70 price target, while other recent targets range from $60 to $90, implying substantial upside if Applied Digital delivers on its AI and high-performance-computing expansion plans. Jones Trading initiates coverage of Applied Digital
• Positive Sentiment: Applied Digital’s contracted backlog, reported at approximately $31 billion, continues to support the long-term growth narrative for its purpose-built data centers serving AI and accelerated-compute workloads. Applied Digital contracted backlog
• Neutral Sentiment: The company scheduled its fiscal first-quarter 2027 results and conference call for October 7 after the market close. The report is the next major catalyst, with investors looking for evidence that backlog, leases, and data-center development are translating into revenue and improved profitability. Applied Digital earnings conference call announcement
• Negative Sentiment: Zacks added APLD to its Rank #5 “Strong Sell” list, highlighting deteriorating near-term sentiment ahead of earnings. Zacks Strong Sell list
• Negative Sentiment: Investors are questioning whether Applied Digital’s valuation is justified by its current sales base after a roughly 300% three-year share-price gain and major lease commitments. A shelf-related filing allowing selling stockholders to resell up to about 53.1 million shares has also increased concerns about an overhang or future dilution. Elevated Treasury yields are adding pressure to high-beta AI and data-center stocks. Applied Digital valuation and leases

About Applied Digital

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

The company's facilities are designed to support advanced computing workloads, including AI model development, cloud computing and digital asset-related applications.

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