Applied DigitalAPLD
APLD
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
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
233% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 30
98% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 40
41% more funds holding
Funds holding: 167 [Q3] → 235 (+68) [Q4]
38% more call options, than puts
Call options by funds: $86.4M | Put options by funds: $62.5M
5.7% more ownership
Funds ownership: 63.11% [Q3] → 68.81% (+5.7%) [Q4]
0% less capital invested
Capital invested by funds: $1.12B [Q3] → $1.11B (-$4.91M) [Q4]
25% less funds holding in top 10
Funds holding in top 10: 8 [Q3] → 6 (-2) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$7
54%
upside
Avg. target
$11
142%
upside
High target
$20
341%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
Needham John Todaro 32% 1-year accuracy 23 / 71 met price target | 120%upside $10 | Buy Reiterated | 23 Apr 2025 |
Cantor Fitzgerald Brett Knoblauch 30% 1-year accuracy 23 / 77 met price target | 54%upside $7 | Overweight Maintained | 15 Apr 2025 |
HC Wainwright & Co. Kevin Dede 29% 1-year accuracy 17 / 59 met price target | 54%upside $7 | Buy Maintained | 15 Apr 2025 |
Northland Capital Markets Mike Grondahl 36% 1-year accuracy 14 / 39 met price target | 341%upside $20 | Outperform Maintained | 4 Feb 2025 |
Financial journalist opinion
Based on 17 articles about APLD published over the past 30 days
Negative
Zacks Investment Research
6 days ago
How to Play APLD Stock After a 27% Decline Following Q3 Results?
Applied Digital Corporation's APLD shares have plunged 27.4% since the company announced its third-quarter fiscal 2025 results on April 14. The stock has underperformed the broader Finance sector's decline of 4.1%.
Positive
The Motley Fool
6 days ago
Could Applied Digital Be the Best Under-The-Radar AI Stock?
Applied Digital (APLD 1.36%), a builder of big data centers, has been a major beneficiary of the artificial intelligence (AI) boom over the past few years. It originally rented out its centers to Bitcoin miners and other blockchain firms, but it pivoted toward serving the high-performance computing, AI, and machine learning markets in late 2022.
Neutral
MarketBeat
1 week ago
Applied Digital: AI Data Center Hype or Real Value?
Applied Digital Inc. NASDAQ: APLD designs and operates purpose-built artificial intelligence (AI) data centers. The computer and technology sector company originally provided cryptocurrency mining hosting services, as Applied Blockchain provided hosting services for one of the largest bitcoin miners, MARA Holdings Inc. NASDAQ: MARA.
Positive
Seeking Alpha
1 week ago
Applied Digital: 3 Reasons We Think Now Is The Time To Buy
Applied Digital has pivoted from cryptocurrency mining solutions to providing digital infrastructure, focusing on a massive AI-first data center in Ellendale, North Dakota. Despite delays in securing hyperscale customers, APLD's solid financials and positive adjusted EBITDA indicate strong liquidity and solvency. The Ellendale project, funded by significant Capex and debt, is expected to drive future revenue and EPS growth, making APLD a compelling investment.
Positive
Seeking Alpha
2 weeks ago
Applied Digital: REIT Focus Is A Strategic Pivot For Growth
Applied Digital mentioned a plan to transition into a REIT for the first time since announcing its strategic shift to building and leasing HPC data centers. The sale of the cloud services segment could provide Applied Digital with $570 million in cash, potentially reducing its exposure to future debt financing. I expect the lease agreement to be announced in the second half of 2025, especially with Macquarie's involvement with Applied Digital.
Negative
Zacks Investment Research
2 weeks ago
Applied Digital's Q3 Earnings & Revenues Miss Estimates, Stock Down
APLD's third-quarter fiscal 2025 results reflect strong cloud growth and better EBITDA despite a year-over-year dip in Data Center Hosting revenues.
Negative
Proactive Investors
2 weeks ago
Applied Digital shares plummet after revenue miss, plans cloud business exit
Shares of Applied Digital Corp (NASDAQ:APLD) fell 32% on Tuesday after the company reported weaker-than-expected quarterly results and announced plans to exit its cloud services business. The cryptocurrency miner and data center operator posted third-quarter revenue of $52.9 million, missing analyst estimates of $63.4 million.
Negative
The Motley Fool
2 weeks ago
Why Applied Digital Stock Is Plummeting Today
Applied Digital (APLD -30.45%) stock is seeing huge sell-offs Tuesday following the company's recent quarterly report. The data-center specialist's share price was down 28.7% as of 11:30 a.m.
Negative
Benzinga
2 weeks ago
Applied Digital Shares Tank Almost 40% On 3Q, Why This Analyst Remains Bullish
Shares of Applied Digital Corp APLD tanked in early trading after the company reported disappointing earnings for its fiscal third quarter.
Neutral
Seeking Alpha
2 weeks ago
Applied Digital Corporation (APLD) Q3 2025 Earnings Call Transcript
Applied Digital Corporation (NASDAQ:APLD ) Q3 2025 Earnings Conference Call April 14, 2025 5:00 PM ET Company Participants Matt Glover - IR, Gateway Group, Inc. Wes Cummins - CEO Saidal Mohmand - CFO Conference Call Participants Nick Giles - B. Riley Securities Thomas Shinske - Cantor Fitzgerald Rob Brown - Lake Street Capital Darren Aftahi - ROTH Capital Partners Mike Grondahl - Northland Securities George Sutton - Craig-Hallum John Todaro - Needham Operator Good afternoon, and welcome to Applied Digital's Fiscal Third Quarter 2025 Conference Call.
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