OTCMKTS:APLD Applied Digital (APLD) Stock Forecast, Price & News $5.29 +0.09 (+1.73%) (As of 04:34 PM ET) Add Compare Share Share Today's Range$5.21▼$5.6150-Day Range$4.96▼$10.2452-Week Range$1.45▼$11.62Volume2.60 million shsAverage Volume3.72 million shsMarket Capitalization$549.90 millionP/E RatioN/ADividend YieldN/APrice Target$14.70 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort Interest Applied Digital MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside177.9% Upside$14.70 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$114,707 Sold Last QuarterProj. 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.2.20 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 177.9% from its current price of $5.29.Amount of Analyst CoverageApplied Digital has only been the subject of 2 research reports 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 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Applied Digital this week, compared to 3 articles on an average week.Search InterestOnly 25 people have searched for APLD on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Applied Digital to their MarketBeat watchlist in the last 30 days. This is a decrease of -56% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Applied Digital insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $114,707.00 in company stock.Percentage Held by Insiders28.90% 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 -10.80, 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 -10.80, 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 7.25. 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 (OTCMKTS:APLD) StockApplied 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart APLD Stock News HeadlinesSeptember 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 FirmSeptember 22, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 13, 2023 | markets.businessinsider.comApplied Digital Announces Upcoming Investor EventsSeptember 11, 2023 | stockhouse.comINVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in Applied Digital Corporation with Losses of $100,000 to Contact the FirmSeptember 8, 2023 | stockhouse.comDEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in Applied Digital Corporation with Losses of $100,000 to Contact the FirmSeptember 1, 2023 | finance.yahoo.comSHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Applied Digital Corporation with Losses of $100,000 to Contact the FirmAugust 31, 2023 | businesswire.comROSEN, GLOBAL INVESTOR COUNSEL, Encourages Applied Digital Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class ...September 22, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.August 29, 2023 | benzinga.comAPLD Investors Have Opportunity to Lead Applied Digital Corporation Securities Fraud LawsuitAugust 29, 2023 | finance.yahoo.comFlexential Empowers Applied Digital's High-Performance Computing Solutions with FlexAnywhere™ PlatformAugust 28, 2023 | benzinga.comAPLD Stock News: Investors with Significant Losses in Applied Digital Corporation Should Contact Robbins LLP About RecoveryAugust 27, 2023 | investing.comApplied Digital Corp (APLD)August 25, 2023 | nasdaq.comApplied Digital Corporation (APLD) Stock Sinks As Market Gains: What You Should KnowAugust 25, 2023 | benzinga.comDEADLINE ALERT for KEY, LYV, APLD, and INFI: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of ShareholdersAugust 24, 2023 | msn.comWhy Applied Digital Stock Plummeted TodayAugust 24, 2023 | benzinga.comSHAREHOLDER ALERT: Levi & Korsinsky Notifies Applied Digital Corporation (APLD) Investors of a Class Action Lawsuit and Upcoming DeadlineAugust 24, 2023 | benzinga.comSHAREHOLDER ALERT: Levi & Korsinsky Notifies Applied Digital Corporation(APLD) Investors of a Class Action Lawsuit and Upcoming DeadlineAugust 22, 2023 | benzinga.comGlancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Applied Digital Corporation (APLD)August 22, 2023 | benzinga.comKirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Applied Digital Corporation (APLD) InvestorsAugust 22, 2023 | msn.comWhy Applied Digital Stock Jumped TodayAugust 22, 2023 | finance.yahoo.comApplied Digital Announces Elite Partner Status in NVIDIA Partner NetworkAugust 21, 2023 | markets.businessinsider.comApplied Digital Shareholder Action ReminderAugust 18, 2023 | businesswire.comThe Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Applied Digital Corporation (APLD) InvestorsAugust 18, 2023 | benzinga.comAPLD LAWSUIT ALERT: Levi & Korsinsky Notifies Applied Digital Corporation Investors of a Class Action Lawsuit and Upcoming DeadlineAugust 18, 2023 | msn.comWhy Applied Digital Stock Fell 15.2% This WeekAugust 17, 2023 | benzinga.comApplied Digital Corporation (APLD) Shareholder Notice: Robbins LLP Reminds Investors of Class Action Filed Against Applied Digital CorporationSee 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 APLD Company Calendar Last Earnings7/24/2023Today9/22/2023Fiscal 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 Forecast$14.70 High Stock Price Forecast$17.50 Low Stock Price Forecast$11.00 Forecasted Upside/Downside+182.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.49) Trailing P/E RatioN/A Forward P/E Ratio12.68 P/E GrowthN/ANet Income$-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$55.39 million Price / Sales9.76 Cash FlowN/A Price / Cash FlowN/A Book Value$0.73 per share Price / Book7.12Miscellaneous Outstanding Shares103,950,000Free Float73,908,000Market Cap$540.54 million OptionableNot Optionable Beta4.17 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Wesley Cummins (Age 45)Chairman, CEO, Pres, Sec. & 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 Mr. Nick PhillipsExec. VP of Hosting Operations & Public AffairsMr. John BrowderDirector of HR and RecruitingMr. Etienne SnymanExec. VP of PowerMr. Saidal MohmandExec. VP of Fin.Mr. Roland DavidsonExec. VP of EngineeringMr. Brad BartonEVP of Real Estate Devel.More ExecutivesKey CompetitorseBullionOTCMKTS:EBMLAfrican Gold AcquisitionNYSE:AGACFTAC Zeus AcquisitionNASDAQ:ZINGSouth Plains FinancialNASDAQ:SPFIChurchill Capital Corp VINYSE:CCVIView All CompetitorsInsiders & InstitutionsNuveen Asset Management LLCBought 216,617 shares on 8/16/2023Ownership: 0.297%Wells Fargo & Company MNBought 51,690 shares on 8/15/2023Ownership: 0.061%Walleye Capital LLCBought 45,036 shares on 8/15/2023Ownership: 0.043%XTX Topco LtdBought 21,551 shares on 8/15/2023Ownership: 0.021%Worth Venture Partners LLCBought 15,936 shares on 8/15/2023Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions APLD Stock - Frequently Asked Questions Should I buy or sell Applied Digital stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Applied Digital in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" APLD shares. View APLD analyst ratings or view top-rated stocks. What is Applied Digital's stock price forecast for 2023? 2 Wall Street analysts have issued twelve-month target prices for Applied Digital's shares. Their APLD share price forecasts range from $11.00 to $17.50. On average, they expect the company's share price to reach $14.70 in the next year. This suggests a possible upside of 182.7% 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 on January 1st, 2023. Since then, APLD shares have increased by 182.6% and is now trading at $5.20. View the best growth stocks for 2023 here. How were Applied Digital's earnings last quarter? Applied Digital Co. (OTCMKTS:APLD) announced its quarterly earnings data on Monday, July, 24th. The company reported ($0.07) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.02. The company had revenue of $22.04 million for the quarter, compared to the consensus estimate of $22.01 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 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. What guidance has Applied Digital issued on next quarter's earnings? Applied Digital issued an update on its FY 2024 earnings guidance on Monday, July, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $385.00 million-$405.00 million, compared to the consensus revenue estimate of $308.80 million. What is Applied Digital's stock symbol? Applied Digital trades on the OTCMKTS under the ticker symbol "APLD." Who are Applied Digital's major shareholders? Applied Digital's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.39%), Portolan Capital Management LLC (3.09%), B. Riley Wealth Advisors Inc. (2.52%), B. Riley Asset Management LLC (1.96%), Divisadero Street Capital Management LP (1.84%) and Creative Planning (1.13%). Insiders that own company stock include Chuck Hastings, David Rench, Regina Ingel, Richard N Nottenburg, Virginia Moore and Wes Cummins. View institutional ownership trends. 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. What is Applied Digital's stock price today? One share of APLD stock can currently be purchased for approximately $5.20. How much money does Applied Digital make? Applied Digital (OTCMKTS:APLD) has a market capitalization of $540.54 million and generates $55.39 million in revenue each year. The company earns $-44,650,000.00 in net income (profit) each year or ($0.49) on an earnings per share basis. How many employees does Applied Digital have? The company employs 121 workers across the globe. How can I contact Applied Digital? Applied Digital's mailing address is 28 COTTRELL, MYSTIC CT, 06355. The official website for the company is www.applieddigital.com. The company can be reached via phone at (214) 427-1704, via email at apld@gatewayir.com, or via fax at 865-777-3767. This page (OTCMKTS:APLD) was last updated on 9/22/2023 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. Please log in to your account or sign up in order to add this asset to your watchlist. 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