Applied Digital Stock Price, News & Analysis (OTCMKTS:APLD) $5.62 +0.24 (+4.46%) (As of 12/6/2023 ET) Add Compare Share Share Today's Range$5.42▼$5.7050-Day Range$3.94▼$6.3352-Week Range$1.45▼$11.62Volume2.68 million shsAverage Volume3.65 million shsMarket Capitalization$597.41 millionP/E RatioN/ADividend YieldN/APrice Target$14.70 Stock AnalysisStock AnalysisAnalyst ForecastsChartEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsStock AnalysisAnalyst ForecastsChartEarningsFinancialsHeadlinesInsider TradesOwnershipSEC Filings Applied Digital MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside161.6% Upside$14.70 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth314.63%From $0.41 to $1.70 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.42 out of 5 stars 3.5 Analyst's Opinion Consensus RatingApplied Digital has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.70, Applied Digital has a forecasted upside of 161.6% from its current price of $5.62.Amount of Analyst CoverageApplied Digital has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for APLD. Previous Next 0.0 Dividend Strength Dividend YieldApplied Digital does not currently pay a dividend.Dividend GrowthApplied Digital does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for APLD. Previous Next 2.6 News and Social Media Coverage News SentimentApplied Digital has a news sentiment score of 1.73. 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 is a higher news sentiment than the 0.51 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for Applied Digital this week, compared to 3 articles on an average week.Search InterestOnly 39 people have searched for APLD on MarketBeat in the last 30 days. This is a decrease of -3% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Applied Digital to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Applied Digital insiders have not sold or bought any company stock.Percentage Held by Insiders23.70% of the stock of Applied Digital is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions53.75% of the stock of Applied Digital is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Applied Digital are expected to grow by 314.63% in the coming year, from $0.41 to $1.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Applied Digital is -11.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Applied Digital is -11.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioApplied Digital has a P/B Ratio of 7.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Applied Digital Stock (OTCMKTS:APLD)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. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation is based in Dallas, Texas.Read More APLD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart APLD Stock News HeadlinesDecember 3, 2023 | msn.comA Bull Market Is Coming: 2 Magnificent Growth Stocks to Buy Hand Over Fist Before They Soar 83% and 300%, According to Select Wall Street AnalystsNovember 28, 2023 | finance.yahoo.comApplied Digital to Host Ribbon Cutting Ceremony at its 200-Megawatt Datacenter in Garden City, TexasDecember 7, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 20, 2023 | finance.yahoo.comKate Reed Elected to Applied Digital Board of DirectorsNovember 17, 2023 | morningstar.comApplied Digital Corp APLDOctober 31, 2023 | finance.yahoo.comApplied Digital Announces Groundbreaking of High-Performance Computing Facility in Ellendale, North DakotaOctober 14, 2023 | finance.yahoo.comApplied Digital Still Can't Impress Investors -- Time to Sell the Stock?October 11, 2023 | msn.comApplied Digital beats first-quarter revenue estimates on data center demandDecember 7, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comOctober 11, 2023 | finance.yahoo.comApplied Digital Corporation (NASDAQ:APLD) Q1 2024 Earnings Call TranscriptOctober 11, 2023 | finance.yahoo.comApplied Digital Announces Details for Investor Day on October 12, 2023October 10, 2023 | tmcnet.comThe Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Applied Digital Corporation (APLD)October 10, 2023 | markets.businessinsider.comPromising Revenue Growth and Positive Financial Indicators Drive Buy Rating for Applied Digital CorporationOctober 10, 2023 | businesswire.comAPPLIED DIGITAL DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Applied Digital Corporation and Encourages ...October 9, 2023 | msn.comApplied Digital slips as Garden City delay overshadows 2024 guidanceOctober 6, 2023 | benzinga.comApplied Digital's Earnings OutlookOctober 6, 2023 | stockhouse.comWEDNESDAY DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Applied Digital Corporation with Losses of $100,000 to Contact the FirmOctober 6, 2023 | benzinga.comApplied Digital Likely To Report Narrower Q1 Loss; Here's A Look At Recent Price Target Changes By The Most Accurate AnalystsOctober 6, 2023 | finance.yahoo.comApplied Digital Corporation's (NASDAQ:APLD) institutional investors lost 18% last week but have benefitted from longer-term gainsOctober 3, 2023 | stockhouse.comApplied Digital Shareholder AlertOctober 3, 2023 | markets.businessinsider.comApplied Digital Sued for Securities Law Violations; Investors Should Contact Block & Leviton for More InformationOctober 3, 2023 | ca.investing.comApplied Digital strategically positioned as critical infrastructure provider for AI - Roth MKMSeptember 30, 2023 | finance.yahoo.comIs It Too Late to Buy Applied Digital Stock?September 29, 2023 | markets.businessinsider.comApplied Digital Ongoing Deadline AlertSeptember 28, 2023 | benzinga.comApplied Digital Director Trades $1.25M In Company StockSeptember 18, 2023 | markets.businessinsider.comAnalyst Ratings for Applied DigitalSeptember 13, 2023 | stockhouse.comINVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Applied Digital Corporation with Losses of $100,000 to Contact the FirmSee More Headlines Receive APLD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Applied Digital and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/09/2023Today12/07/2023Fiscal Year End5/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Capital Markets Sub-IndustryN/A SectorFinancial Services Current SymbolOTCMKTS:APLD CUSIPN/A CIK1144879 Webwww.applieddigital.com Phone(214) 427-1704Fax865-777-3767Employees121Year FoundedN/APrice Target and Rating Average Stock Price Target$14.70 High Stock Price Target$17.50 Low Stock Price Target$11.00 Potential Upside/Downside+161.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.54) Trailing P/E RatioN/A Forward P/E Ratio13.71 P/E GrowthN/ANet Income$-44,650,000.00 Net Margins-80.60% Pretax Margin-83.28% Return on Equity-61.59% Return on Assets-22.75% Debt Debt-to-Equity Ratio1.10 Current Ratio0.40 Quick Ratio0.40 Sales & Book Value Annual Sales$84.79 million Price / Sales7.05 Cash FlowN/A Price / Cash FlowN/A Book Value$0.73 per share Price / Book7.70Miscellaneous Outstanding Shares106,300,000Free Float73,908,000Market Cap$597.41 million OptionableNot Optionable Beta3.97 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Wesley Cummins (Age 45)Chairman, CEO, President, Secretary & Treasurer Comp: $5.95MMr. David Rench (Age 45)Chief Financial Officer Comp: $2.71MMr. Michael Maniscalco (Age 43)Chief Technology Officer Comp: $1.15MMr. Jason Zhang (Age 29)Co-Founder Comp: $25kMr. Nick PhillipsExecutive Vice President of Hosting Operations & Public AffairsMr. John BrowderDirector of HR and RecruitingMr. Etienne SnymanExecutive Vice President of PowerMr. Saidal MohmandExecutive Vice President of FinanceMr. Roland DavidsonExecutive Vice President of EngineeringMr. Brad BartonEVP of Real Estate DevelopmentMore ExecutivesKey CompetitorseBullionOTCMKTS:EBMLMercantile BankNASDAQ:MBWMUnivest FinancialNASDAQ:UVSPFidus InvestmentNASDAQ:FDUSUnited Fire GroupNASDAQ:UFCSView All CompetitorsInsidersRichard N NottenburgSold 14,820 sharesTotal: $114,706.80 ($7.74/share)Wes CumminsBought 25,000 shares on 4/14/2023Total: $87,500.00 ($3.50/share)Wes CumminsBought 25,000 shares on 4/12/2023Total: $79,500.00 ($3.18/share)Chuck HastingsBought 10,000 shares on 2/27/2023Total: $25,900.00 ($2.59/share)Wes CumminsBought 25,000 shares on 2/15/2023Total: $76,500.00 ($3.06/share)View All Insider Transactions APLD Stock Analysis - Frequently Asked Questions Should I buy or sell Applied Digital stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Digital in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" APLD shares. View APLD analyst ratings or view top-rated stocks. What is Applied Digital's stock price target for 2024? 2 Wall Street analysts have issued 12 month target prices for Applied Digital's shares. Their APLD share price targets range from $11.00 to $17.50. On average, they expect the company's stock price to reach $14.70 in the next year. This suggests a possible upside of 161.6% from the stock's current price. View analysts price targets for APLD or view top-rated stocks among Wall Street analysts. How have APLD shares performed in 2023? Applied Digital's stock was trading at $1.84 at the start of the year. Since then, APLD shares have increased by 205.4% and is now trading at $5.62. View the best growth stocks for 2023 here. How were Applied Digital's earnings last quarter? Applied Digital Co. (OTCMKTS:APLD) issued its quarterly earnings results on Monday, October, 9th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by $0.08. The firm earned $36.32 million during the quarter, compared to the consensus estimate of $34.84 million. Applied Digital had a negative trailing twelve-month return on equity of 61.59% and a negative net margin of 80.60%. What ETFs hold Applied Digital's stock? ETFs with the largest weight of Applied Digital (OTCMKTS:APLD) stock in their portfolio include Global X Blockchain ETF (BKCH), Invesco Alerian Galaxy Crypto Economy ETF (SATO), VanEck Digital Assets Mining ETF (DAM), iShares Blockchain and Tech ETF (IBLC), VanEck Digital Transformation ETF (DAPP), Valkyrie Bitcoin Miners ETF (WGMI), Bitwise Crypto Industry Innovators ETF (BITQ) and Fidelity Crypto Industry and Digital Payments ETF (FDIG). When did Applied Digital's stock split? Shares of Applied Digital reverse split on the morning of 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. How do I buy shares of Applied Digital? Shares of APLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (OTCMKTS:APLD) was last updated on 12/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Applied Digital Co. 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