Applied Digital
APLD
Market cap $2.07B

9.18 USD

-0.15

1.61%

At close Jul 11, 4:00 PM EDT

After hours

9.17

-0.01

0.11%

1 day

-1.61%

5 days

-9.65%

1 month

-23.82%

3 months

73.53%

6 months

18.15%

Year to date

17.69%

1 year

56.12%

5 years

89.28%

10 years

89.28%

About: Applied Digital Corp is a designer, developer, and operator of next-generation digital infrastructure across North America. It provides digital infrastructure solutions and cloud services to industries like High-Performance Computing (HPC) and Artificial Intelligence (AI). The company operates in the following business segments; Data Center Hosting Business, Cloud Services Business, and HPC Hosting Business. The majority of its revenue is generated from the Data Center Hosting Business which operates data centers to provide energized space to crypto mining customers.

Employees: 150

Technology Information Technology Services

0

Funds holding %

of 7,312 funds

0

Analysts bullish %

of 7 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

120% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 46

19% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 59

17% more funds holding in top 10

Funds holding in top 10: 6 [Q4 2024] → 7 (+1) [Q1 2025]

3% more funds holding

Funds holding: 238 [Q4 2024] → 244 (+6) [Q1 2025]

3.91% less ownership

Funds ownership: 68.86% [Q4 2024] → 64.95% (-3.91%) [Q1 2025]

11% less call options, than puts

Call options by funds: $52.5M | Put options by funds: $58.7M

27% less capital invested

Capital invested by funds: $1.11B [Q4 2024] → $814M (-$298M) [Q1 2025]

See Fund Rankings

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$7

24%

downside

Avg. target

$12.71

38%

upside

High target

$18

96%

upside

7 analyst ratings

6 positive

86%

1 neutral

14%

0 negative

0%

Compass Point Joe Flynn	42%upside $13	Neutral Downgraded	9 Jun 2025
B. Riley Securities Nick Giles	63%upside $15	Buy Maintained	4 Jun 2025
JMP Securities Greg Miller	96%upside $18	Market Outperform Maintained	3 Jun 2025
Craig-Hallum George Sutton	31%upside $12	Buy Maintained	3 Jun 2025
HC Wainwright & Co. Kevin Dede	31%upside $12	Buy Maintained	3 Jun 2025

See Analyst Rankings

Financial journalist opinion

Based on 15 articles about APLD published over the past 30 days

Zacks Investment Research

Can New AI-Focused Leases Offset APLD's Cloud Segment Decline?

Applied Digital's AI data center leases show promise, but cloud losses and execution risk cloud its path to sustainable margin growth.

Can New AI-Focused Leases Offset APLD's Cloud Segment Decline?

Applied Digital: Real AI Revenues, Real Risks, But Still A Buy

APLD's pivot to AI infrastructure, validated by major CoreWeave contracts, underpins its rerating and strong growth narrative despite recent volatility. The company's unique, purpose-built data centers and early AI monetization set it apart from legacy crypto peers and justify a scarcity premium. Operational execution risks remain, especially given CoreWeave concentration, but institutional funding and stable legacy revenues provide a safety net.

Applied Digital: Real AI Revenues, Real Risks, But Still A Buy

Zacks Investment Research

Do Rising Costs Raise Red Flag Despite APLD's Revenue Growth?

Applied Digital's revenues are rising fast, but surging costs, debt, and a pending cloud exit may raise concerns about its long-term growth story.

Do Rising Costs Raise Red Flag Despite APLD's Revenue Growth?

BASX Powers Advanced Cooling Innovation for Applied Digital's Purpose-Built AI Data Center Campus

At Applied Digital's Ellendale, North Dakota campus, BASX is deploying bespoke free cooling chillers — optimized for cold-climate operation, reducing power demand, and requiring zero water consumption REDMOND, Ore. , June 30, 2025 /PRNewswire/ -- BASX, a leader in advanced cooling and custom solutions for data centers and mission-critical environments, and a wholly owned subsidiary of AAON, Inc. (Nasdaq: AAON), a leading provider of high-performance, energy-efficient HVAC solutions, today announced a partnership with Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital").

BASX Powers Advanced Cooling Innovation for Applied Digital's Purpose-Built AI Data Center Campus

Zacks Investment Research

APLD Stock Significantly Beats Industry So Far in June: Is It a Buy?

APLD shares jumped 52% in June on AI tailwinds and a $7 billion CoreWeave deal, outpacing industry gains by a wide margin.

APLD Stock Significantly Beats Industry So Far in June: Is It a Buy?

Jim Cramer 'Worried' About Workday, Calls Applied Digital 'A Good Spec'

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended staying away from Workday, Inc. WDAY. “I'm worried.

Jim Cramer 'Worried' About Workday, Calls Applied Digital 'A Good Spec'

The Motley Fool

3 Growth Stocks I'm Loading Up On

Growth stocks are having a moment. Several small- and mid-cap stocks have suddenly jumped 40% or more in the past 30 days.

3 Growth Stocks I'm Loading Up On

The Motley Fool

2 Brilliant Stocks to Profit from the AI Infrastructure Boom

Investors looking tomorrow's winners should pay attention to the development of the world's technology infrastructure. Companies are going all-in on artificial intelligence (AI), and it's leading to a massive buildout of data center infrastructure.

2 Brilliant Stocks to Profit from the AI Infrastructure Boom

The Motley Fool

2 Top Artificial Intelligence (AI) Stocks Ready for Bull Runs

The rapid growth of artificial intelligence (AI) has already had a massive impact on the stock market. Many AI companies have seen their valuations skyrocket.

2 Top Artificial Intelligence (AI) Stocks Ready for Bull Runs

Zacks Investment Research

APLD: A Turnaround in Profitability or Mirage Behind Adjusted EBITDA?

Applied Digital posts a big jump in adjusted EBITDA, but a deeper look reveals mounting losses and strategic uncertainty ahead.

APLD: A Turnaround in Profitability or Mirage Behind Adjusted EBITDA?

See News Rankings

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