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DOW   36,054.43
QQQ   385.05
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S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
How to find blue-chip dividend stocks
Ex dividend date vs record date: What’s the difference?
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
How to find blue-chip dividend stocks
Ex dividend date vs record date: What’s the difference?
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
How to find blue-chip dividend stocks
Ex dividend date vs record date: What’s the difference?
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?

Applied Digital Stock Price, News & Analysis (OTCMKTS:APLD)

$5.62
+0.24 (+4.46%)
(As of 12/6/2023 ET)
Compare
Today's Range
$5.42
▼
$5.70
50-Day Range
$3.94
▼
$6.33
52-Week Range
$1.45
▼
$11.62
Volume
2.68 million shs
Average Volume
3.65 million shs
Market Capitalization
$597.41 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.70
Stock AnalysisAnalyst ForecastsChartEarningsFinancialsHeadlinesInsider TradesOwnershipSEC Filings

Applied Digital MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
161.6% Upside
$14.70 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
314.63%
From $0.41 to $1.70 Per Share

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

See Top Rated MarketRank™ Stocks Here

APLD stock logo

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.

APLD Stock Price History

APLD Stock News Headlines

December 3, 2023 | msn.com
A Bull Market Is Coming: 2 Magnificent Growth Stocks to Buy Hand Over Fist Before They Soar 83% and 300%, According to Select Wall Street Analysts
November 28, 2023 | finance.yahoo.com
Applied Digital to Host Ribbon Cutting Ceremony at its 200-Megawatt Datacenter in Garden City, Texas
December 7, 2023 | Autonomix (Ad)
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix 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.com
November 20, 2023 | finance.yahoo.com
Kate Reed Elected to Applied Digital Board of Directors
November 17, 2023 | morningstar.com
Applied Digital Corp APLD
October 31, 2023 | finance.yahoo.com
Applied Digital Announces Groundbreaking of High-Performance Computing Facility in Ellendale, North Dakota
October 14, 2023 | finance.yahoo.com
Applied Digital Still Can't Impress Investors -- Time to Sell the Stock?
October 11, 2023 | msn.com
Applied Digital beats first-quarter revenue estimates on data center demand
December 7, 2023 | Autonomix (Ad)
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix 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.com
October 11, 2023 | finance.yahoo.com
Applied Digital Corporation (NASDAQ:APLD) Q1 2024 Earnings Call Transcript
October 11, 2023 | finance.yahoo.com
Applied Digital Announces Details for Investor Day on October 12, 2023
October 10, 2023 | tmcnet.com
The 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.com
Promising Revenue Growth and Positive Financial Indicators Drive Buy Rating for Applied Digital Corporation
October 10, 2023 | businesswire.com
APPLIED 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.com
Applied Digital slips as Garden City delay overshadows 2024 guidance
October 6, 2023 | benzinga.com
Applied Digital's Earnings Outlook
October 6, 2023 | stockhouse.com
WEDNESDAY DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Applied Digital Corporation with Losses of $100,000 to Contact the Firm
October 6, 2023 | benzinga.com
Applied Digital Likely To Report Narrower Q1 Loss; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
October 6, 2023 | finance.yahoo.com
Applied Digital Corporation's (NASDAQ:APLD) institutional investors lost 18% last week but have benefitted from longer-term gains
October 3, 2023 | stockhouse.com
Applied Digital Shareholder Alert
October 3, 2023 | markets.businessinsider.com
Applied Digital Sued for Securities Law Violations; Investors Should Contact Block & Leviton for More Information
October 3, 2023 | ca.investing.com
Applied Digital strategically positioned as critical infrastructure provider for AI - Roth MKM
September 30, 2023 | finance.yahoo.com
Is It Too Late to Buy Applied Digital Stock?
September 29, 2023 | markets.businessinsider.com
Applied Digital Ongoing Deadline Alert
September 28, 2023 | benzinga.com
Applied Digital Director Trades $1.25M In Company Stock
September 18, 2023 | markets.businessinsider.com
Analyst Ratings for Applied Digital
September 13, 2023 | stockhouse.com
INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Applied Digital Corporation with Losses of $100,000 to Contact the Firm
See More Headlines
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Company Calendar

Last Earnings
10/09/2023
Today
12/07/2023
Fiscal Year End
5/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
OTCMKTS
Industry
Capital Markets
Sub-Industry
N/A
Sector
Financial Services
Current Symbol
OTCMKTS:APLD
CUSIP
N/A
CIK
1144879
Web
www.applieddigital.com
Phone
(214) 427-1704
Fax
865-777-3767
Employees
121
Year Founded
N/A

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.54)
Trailing P/E Ratio
N/A
Forward P/E Ratio
13.71
P/E Growth
N/A
Net 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 Ratio
1.10
Current Ratio
0.40
Quick Ratio
0.40

Sales & Book Value

Annual Sales
$84.79 million
Price / Sales
7.05
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.73 per share
Price / Book
7.70

Miscellaneous

Outstanding Shares
106,300,000
Free Float
73,908,000
Market Cap
$597.41 million
Optionable
Not Optionable
Beta
3.97
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Key Executives

  • Mr. Wesley Cummins (Age 45)
    Chairman, CEO, President, Secretary & Treasurer
    Comp: $5.95M
  • Mr. David Rench (Age 45)
    Chief Financial Officer
    Comp: $2.71M
  • Mr. Michael Maniscalco (Age 43)
    Chief Technology Officer
    Comp: $1.15M
  • Mr. Jason Zhang (Age 29)
    Co-Founder
    Comp: $25k
  • Mr. Nick Phillips
    Executive Vice President of Hosting Operations & Public Affairs
  • Mr. John Browder
    Director of HR and Recruiting
  • Mr. Etienne Snyman
    Executive Vice President of Power
  • Mr. Saidal Mohmand
    Executive Vice President of Finance
  • Mr. Roland Davidson
    Executive Vice President of Engineering
  • Mr. Brad Barton
    EVP of Real Estate Development

Key Competitors

View All Competitors

Insiders

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

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