Go Pro

Applied Digital (APLD) Stock Price, News & Analysis

Applied Digital logo
$23.94 -0.43 (-1.77%)
As of 10:56 AM Eastern
This is a fair market value price provided by Massive. Learn more.

About Applied Digital Stock (NASDAQ:APLD)

Advanced

Key Stats

Today's Range
$23.59
▼
$24.64
50-Day Range
$23.22
▼
$31.27
52-Week Range
$19.00
▼
$50.72
Volume
4.87 million shs
Average Volume
22.48 million shs
Market Capitalization
$6.98 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$60.88
Consensus Rating
Moderate Buy

Company Overview

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

The company’s business has included hosting infrastructure for cryptocurrency-mining operations and, increasingly, developing facilities for artificial intelligence and high-performance computing workloads. Applied Digital has also pursued cloud and data-center solutions intended to serve institutional and technology customers.

Applied Digital operates in the United States, with data-center development and operating activities focused primarily in North Dakota and other North American locations. The company is led by Chief Executive Officer Wes Cummins, who has been associated with the business since its earlier operations under the Applied Blockchain name.

AI Generated. May Contain Errors.

Applied Digital Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
70th Percentile Overall Score

APLD MarketRank™: 

Applied Digital scored higher than 70% of companies evaluated by MarketBeat, and ranked 248th out of 595 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Applied Digital has received a consensus rating of Moderate Buy. The company's average rating score is 2.85, and is based on 3 strong buy ratings, 13 buy ratings, 2 hold ratings, and 2 sell ratings.

  • Upside Potential

    Applied Digital has a consensus price target of $60.88, representing about 157.0% upside from its current price of $23.69.

  • Amount of Analyst Coverage

    Applied Digital has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Applied Digital's stock forecast and price target.
  • Earnings Growth

    Earnings for Applied Digital are expected to grow in the coming year, from ($1.09) to ($0.69) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Applied Digital is -26.70, 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. Sector

    The P/E ratio of Applied Digital is -26.70, 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 Ratio

    Applied Digital has a P/B Ratio of 3.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Applied Digital's valuation and earnings.
  • Percentage of Shares Shorted

    21.94% of the float of Applied Digital has been sold short.
  • Short Interest Ratio / Days to Cover

    Applied Digital has a short interest ratio ("days to cover") of 4.07.
  • Change versus previous month

    Short interest in Applied Digital has recently decreased by 0.97%, indicating that investor sentiment is improving.
  • Dividend Yield

    Applied Digital does not currently pay a dividend.

  • Dividend Growth

    Applied Digital does not have a long track record of dividend growth.

  • News Sentiment

    Applied Digital has a news sentiment score of 0.52. 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 lower news sentiment than the 0.66 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 27 news articles for Applied Digital this week, compared to 10 articles on an average week.
  • Search Interest

    Only 145 people have searched for APLD on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.
  • MarketBeat Follows

    59 people have added Applied Digital to their MarketBeat watchlist in the last 30 days. This is an increase of 90% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In 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 $2,336,250.00 in company stock.

  • Percentage Held by Insiders

    9.50% of the stock of Applied Digital is held by insiders.

  • Percentage Held by Institutions

    65.67% of the stock of Applied Digital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Applied Digital's insider trading history.
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.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

APLD Stock News Headlines

My top 3 AI picks for the next decade
Alexander Green bought Apple in 1996, recommended Nvidia at a split-adjusted 66 cents in 2004, and picked up Amazon and Netflix under $3 per share in 2005. Now the chief investment strategist at The Oxford Club has identified three AI stocks he believes could be the most profitable investments of the next decade.tc pixel
Applied Digital: Great Project Economics, Complex Capital Stack
Applied Digital (APLD) Expected to Release Quarterly Earnings on Wednesday
Is Applied Digital (APLD) Above Fair Value After $36B Leases?
See More Headlines

APLD Stock Analysis - Frequently Asked Questions

Applied Digital's stock was trading at $24.52 at the beginning of 2026. Since then, APLD stock has decreased by 3.4% and is now trading at $23.6930.

Applied Digital Corporation (NASDAQ:APLD) posted its earnings results on Monday, July, 27th. The company reported ($0.39) EPS for the quarter, missing analysts' consensus estimates of ($0.09) by $0.30. The business's revenue for the quarter was up 406.3% on a year-over-year basis.
Read the conference call transcript
.

Applied Digital's stock reverse split before market open 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.

Applied Digital (APLD) raised $40 million in an IPO on Wednesday, April 13th 2022. The company issued 8,000,000 shares at a price of $5.00 per share.

Shares of APLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Applied Digital investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), American Water Works (AWK), DiamondRock Hospitality (DRH), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
7/27/2026
Today
10/01/2026
Next Earnings (Estimated)
10/07/2026
Fiscal Year End
5/31/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
IT Services
Sub-Industry
Internet Services & Infrastructure
Current Symbol
NASDAQ:APLD
Previous Symbol
OTCMKTS:APLD
CIK
1144879
Employees
256
Year Founded
N/A

Price Target and Rating

High Price Target
$90.00
Low Price Target
$22.00
Potential Upside/Downside
+155.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.85
Research Coverage
20 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.89)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$244 million
Net Margins
-37.78%
Pretax Margin
-29.70%
Return on Equity
-16.42%
Return on Assets
-4.00%

Debt

Debt-to-Equity Ratio
2.88
Current Ratio
4.01
Quick Ratio
4.01

Sales & Book Value

Annual Sales
$611.31 million
Price / Sales
11.34
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$6.03 per share
Price / Book
3.95

Miscellaneous

Outstanding Shares
291,470,000
Free Float
263,779,000
Market Cap
$6.94 billion
Optionable
Optionable
Beta
5.72

Social Links

7 Best Space Stocks to Own in 2026 Cover

The space race is growing fast, and you don’t have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.

Get This Free Report

This page (NASDAQ:APLD) was last updated on 10/1/2026 by MarketBeat.com Staff.
From Our Partners