Applied DigitalAPLD
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
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]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Compass Point Ed Engel | 28%upside $13 | Buy Upgraded | 25 Jul 2025 |
Compass Point Joe Flynn | 28%upside $13 | Neutral Downgraded | 9 Jun 2025 |
B. Riley Securities Nick Giles | 48%upside $15 | Buy Maintained | 4 Jun 2025 |
JMP Securities Greg Miller | 78%upside $18 | Market Outperform Maintained | 3 Jun 2025 |
Craig-Hallum George Sutton | 19%upside $12 | Buy Maintained | 3 Jun 2025 |
Financial journalist opinion
Based on 18 articles about APLD published over the past 30 days
