Applied Digital (APLD) Stock Price, News & Analysis

Company Overview

Applied Digital Corporation develops, builds and operates data centers designed for high-density computing. Its facilities support digital asset mining as well as high-performance computing workloads, including artificial intelligence applications, and the company provides hosting and infrastructure services to customers in these sectors.

The company also offers cloud services that give customers access to computing capacity for demanding workloads. Its data center operations are focused in the United States, including facilities in North Dakota.

Previously known as Applied Blockchain, the company adopted the Applied Digital name in 2023 to reflect its broader digital infrastructure business. Wes Cummins serves as its chairman and chief executive officer.

Key Stats

• Today's Range: $18.17 to $18.17
• 50-Day Range: $14.17 to $28.54
• 52-Week Range: $13.11 to $50.72
• Volume: 1.17 million shs
• Average Volume: 23.27 million shs
• Market Capitalization: $5.44 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $56.42
• Consensus Rating: Moderate Buy

Applied Digital Stock Analysis - MarketRank™

Applied Digital scored higher than 88% of companies evaluated by MarketBeat, and ranked 161st out of 586 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Applied Digital has received a consensus rating of Moderate Buy. The company's average rating score is 2.84, and is based on 3 strong buy ratings, 12 buy ratings, 2 hold ratings, and 2 sell ratings.

Upside Potential

Applied Digital has a consensus price target of $56.42, representing about 238.2% upside from its current price of $16.68.

Amount of Analyst Coverage

Applied Digital has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Applied Digital are expected to grow in the coming year, from ($2.17) to ($1.99) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Applied Digital is -10.17, 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 -10.17, 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 2.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

22.45% 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 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Applied Digital has recently decreased by 6.17%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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 and Social Media

• Score: 1.8 / 5
• News Sentiment: -0.04

News Sentiment

Applied Digital has a news sentiment score of -0.04. 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 0.61 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 35 news articles for Applied Digital this week, compared to 9 articles on an average week.

Search Interest

Only 180 people have searched for APLD on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.

MarketBeat Follows

89 people have added Applied Digital to their MarketBeat watchlist in the last 30 days. This is an increase of 197% compared to the previous 30 days.

Company Ownership

• Score: 4.6 / 5
• Insider Trading: Acquiring Shares

Cluster Insider Buying

2 insiders have purchased shares of Applied Digital in the last three months. Multiple insiders buying is a strong bullish signal.

Net Insider Buying

Over the last three months, insiders have purchased a net $5,982,186.00 in company stock, which represents 0.1186% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Applied Digital insiders have bought 876.51% more of their company's stock than they have sold. Specifically, they have bought $6,664,686.00 in company stock and sold $682,500.00 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.

Company Calendar

• Last Earnings: 10/07/2026
• Today: 11/11/2026
• Next Earnings (Estimated): 1/06/2027
• Fiscal Year End: 5/31/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: IT Services
• Sub-Industry: Internet Services & Infrastructure
• Current Symbol: NASDAQ:APLD
• Previous Symbol: OTCMKTS:APLD
• CIK: 1144879
• Web: applieddigital.com
• Phone: (214) 556-2465
• Fax: 865-777-3767
• Employees: 256
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Applied Digital: $56.42
• High Price Target: $90.00
• Low Price Target: $22.00
• Potential Upside/Downside: +238.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.84
• Research Coverage: 19 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.64)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$244 million
• Net Margins: -51.28%
• Pretax Margin: -38.73%
• Return on Equity: -27.21%
• Return on Assets: -5.23%

Debt

• Debt-to-Equity Ratio: 3.90
• Current Ratio: 2.56
• Quick Ratio: 2.56

Sales & Book Value

• Annual Sales: $611.31 million
• Price / Sales: 8.25
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $6.03 per share
• Price / Book: 2.77

Miscellaneous

• Outstanding Shares: 302,390,000
• Free Float: 273,660,000
• Market Cap: $5.04 billion
• Optionable: Optionable
• Beta: 5.58