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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
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AMD Results Are No Reason To Buy Semiconductors... Yet
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Bed Bath & Beyond Is Circling the Drain
AMD Results Are No Reason To Buy Semiconductors... Yet
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Bed Bath & Beyond Is Circling the Drain
AMD Results Are No Reason To Buy Semiconductors... Yet
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Institutions are Buying up Procter & Gamble Shares, Should you?
OTCMKTS:APLD

Applied Digital - APLD Stock Forecast, Price & News

$3.28
+0.18 (+5.81%)
(As of 02/1/2023 12:00 AM ET)
Add
Compare
Today's Range
$2.98
▼
$3.35
50-Day Range
$1.51
▼
$3.28
52-Week Range
$0.85
▼
$27.12
Volume
1.13 million shs
Average Volume
1.06 million shs
Market Capitalization
$309.87 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.31

Applied Digital MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
92.5% Upside
$6.31 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.53mentions of Applied Digital in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$1.13 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.38) to $0.44 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

See Top Rated MarketRank™ Stocks Here

APLD stock logo

About Applied Digital (OTCMKTS:APLD) Stock

Applied Digital Corp. operates as a technology company, which engages in the development and operation of data centers which provide computing power. The company was founded in May 2001 and is headquartered in Dallas, TX.

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APLD Stock News Headlines

February 1, 2023 | americanbankingnews.com
Head to Head Comparison: DoubleVerify (NYSE:DV) vs. Applied Digital (OTCMKTS:APLD)
February 1, 2023 | americanbankingnews.com
Wes Cummins Acquires 25,000 Shares of Applied Digital Co. (OTCMKTS:APLD) Stock
February 2, 2023 | Tradewins (Ad)
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January 29, 2023 | finance.yahoo.com
3 hot insider trades: PNC chief picks up $1M in shares
January 29, 2023 | americanbankingnews.com
Applied Digital Co. (OTCMKTS:APLD) CEO Buys $62,000.00 in Stock
January 28, 2023 | americanbankingnews.com
Wes Cummins Purchases 25,000 Shares of Applied Digital Co. (OTCMKTS:APLD) Stock
January 28, 2023 | seekingalpha.com
Applied Digital: Still Too Early To Tell
January 25, 2023 | americanbankingnews.com
Analysts Set Applied Digital Co. (OTCMKTS:APLD) Target Price at $6.31
February 2, 2023 | Investor Place Media (Ad)
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January 25, 2023 | americanbankingnews.com
Applied Digital Co. (OTCMKTS:APLD) Receives $6.31 Average Price Target from Brokerages
January 25, 2023 | americanbankingnews.com
Reviewing Applied Digital (APLD) and Its Peers
January 23, 2023 | americanbankingnews.com
Contrasting Applied Digital (APLD) and The Competition
January 11, 2023 | finance.yahoo.com
Applied Digital Corporation (NASDAQ:APLD) Q2 2023 Earnings Call Transcript
January 10, 2023 | finance.yahoo.com
Applied Digital On Track With Long-Term HPC Opportunity, Analyst Says After Q2 Results
January 10, 2023 | finanznachrichten.de
Applied Digital Corporation: Applied Digital Reports Fiscal Second Quarter 2023 Financial Results and Provides an Operational Update
January 10, 2023 | finanznachrichten.de
Applied Digital Corporation: Applied Digital Reports Fiscal Second Quarter 2023 Financial Results and Provides an Operational Update
January 10, 2023 | seekingalpha.com
Applied Digital Corporation. (APLD) Q2 2023 Earnings Call Transcript
January 10, 2023 | seekingalpha.com
Applied Digital Corporation. (APLD) Q2 2023 Earnings Call Transcript
January 9, 2023 | benzinga.com
Why Bitcoin And Ethereum-Related Stock Applied Digital Is Moving After Hours
January 9, 2023 | finance.yahoo.com
Applied Digital Reports Fiscal Second Quarter 2023 Financial Results and Provides an Operational Update
December 28, 2022 | finance.yahoo.com
Applied Digital Sets Fiscal Second Quarter 2023 Earnings Conference Call for Monday, January 9, 2023 at 5:00 p.m. Eastern Time
December 22, 2022 | msn.com
Benzinga's Top Ratings Upgrades, Downgrades For December 22, 2022
December 20, 2022 | seekingalpha.com
Applied Digital: A Lot Of Long-Term Potential If It Can Execute
December 14, 2022 | finance.yahoo.com
Applied Digital Announces Groundbreaking of High Performance Computing Facility in Jamestown, North Dakota
December 12, 2022 | finance.yahoo.com
Applied Digital Corporation (NASDAQ:APLD) drops to US$148m and insiders who purchased earlier this year lose another US$91k
November 21, 2022 | finance.yahoo.com
Applied Digital Launches Independent Fund to Acquire Distressed Cryptocurrency Assets
November 17, 2022 | finanznachrichten.de
Applied Digital Corporation: Applied Blockchain Announces Official Name Change to Applied Digital
See More Headlines
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APLD Company Calendar

Last Earnings
1/09/2023
Today
2/02/2023
Fiscal Year End
5/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
OTCMKTS
Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Sector
Business Services
Current Symbol
OTCMKTS:APLD
CUSIP
N/A
CIK
1144879
Web
www.applieddigital.com
Phone
(214) 427-1704
Fax
865-777-3767
Employees
33
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.31
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$3.70
Forecasted Upside/Downside
+92.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.50)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-23,520,000.00
Net Margins
-145.35%
Pretax Margin
-136.52%
Return on Equity
-24.36%
Return on Assets
-10.76%

Debt

Debt-to-Equity Ratio
0.35
Current Ratio
0.30
Quick Ratio
0.30

Sales & Book Value

Annual Sales
$27.81 million
Price / Sales
11.14
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.76 per share
Price / Book
4.32

Miscellaneous

Outstanding Shares
94,474,000
Free Float
67,171,000
Market Cap
$309.87 million
Optionable
Not Optionable
Beta
5.06

Key Executives

  • Wesley Carl Cummins
    Chairman, CEO, Secretary & Treasurer
  • David Rench
    Chief Financial Officer
  • Roland Davidson
    Executive Vice President-Engineering
  • Michael Maniscalco
    Executive Vice President-Technology
  • Jeff Nicholas
    EVP-Real Estate Development

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













APLD Stock - Frequently Asked Questions

Should I buy or sell Applied Digital stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Applied Digital in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street 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?

7 Wall Street analysts have issued 12-month price targets for Applied Digital's shares. Their APLD share price forecasts range from $3.70 to $10.00. On average, they expect the company's share price to reach $6.31 in the next year. This suggests a possible upside of 92.5% 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 beginning of 2023. Since then, APLD stock has increased by 78.3% and is now trading at $3.28.
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, January, 9th. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.01. The firm had revenue of $12.34 million for the quarter, compared to analysts' expectations of $12.36 million. Applied Digital had a negative net margin of 145.35% and a negative trailing twelve-month return on equity of 24.36%.

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 closing bell 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 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 shareholders include Equitec Proprietary Markets LLC (1.24%) and Exchange Traded Concepts LLC (0.99%). Insiders that own company stock include Chuck Hastings, David Rench, Regina Ingel, 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 $3.28.

How much money does Applied Digital make?

Applied Digital (OTCMKTS:APLD) has a market capitalization of $309.87 million and generates $27.81 million in revenue each year. The company earns $-23,520,000.00 in net income (profit) each year or ($0.50) on an earnings per share basis.

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 2/2/2023 by MarketBeat.com Staff