APLD icon

Applied Digital

8.11 USD
+0.32
4.11%
At close Feb 10, 4:00 PM EST
After hours
8.11
+0.00
0.00%
1 day
4.11%
5 days
7.70%
1 month
-2.17%
3 months
6.99%
6 months
103.77%
Year to date
3.97%
1 year
67.22%
5 years
67.22%
10 years
67.22%
 

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 6,831 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

205% more call options, than puts

Call options by funds: $140M | Put options by funds: $45.9M

138% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 26

122% more capital invested

Capital invested by funds: $502M [Q2] → $1.12B (+$614M) [Q3]

118% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 28

25% more funds holding

Funds holding: 133 [Q2] → 166 (+33) [Q3]

14% more funds holding in top 10

Funds holding in top 10: 7 [Q2] → 8 (+1) [Q3]

5.05% more ownership

Funds ownership: 58.06% [Q2] → 63.11% (+5.05%) [Q3]

Research analyst outlook

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

Low target
$10
23%
upside
Avg. target
$13.40
65%
upside
High target
$20
147%
upside

5 analyst ratings

positive
100%
neutral
0%
negative
0%
Northland Capital Markets
Mike Grondahl
67% 1-year accuracy
31 / 46 met price target
147%upside
$20
Outperform
Maintained
4 Feb 2025
Compass Point
Joe Flynn
100% 1-year accuracy
2 / 2 met price target
23%upside
$10
Buy
Initiated
28 Jan 2025
HC Wainwright & Co.
Kevin Dede
51% 1-year accuracy
31 / 61 met price target
48%upside
$12
Buy
Maintained
15 Jan 2025
Cantor Fitzgerald
Brett Knoblauch
69% 1-year accuracy
55 / 80 met price target
73%upside
$14
Overweight
Maintained
15 Jan 2025
Needham
John Todaro
77% 1-year accuracy
53 / 69 met price target
36%upside
$11
Buy
Reiterated
15 Jan 2025

Financial journalist opinion

Based on 18 articles about APLD published over the past 30 days

Neutral
The Motley Fool
1 week ago
3 Artificial Intelligence (AI) Stocks I'm Buying on the Dip
Wall Street spiraled into panic mode Monday when Chinese artificial intelligence (AI) company DeepSeek unboxed a chatbot that reportedly matches OpenAI's capabilities, while requiring significantly less computational power. The news triggered a massive sell-off in Nvidia shares, which plunged 17% and erased nearly $600 billion in market value -- the largest single-day loss for any public company in history.
3 Artificial Intelligence (AI) Stocks I'm Buying on the Dip
Positive
The Motley Fool
2 weeks ago
3 Artificial Intelligence (AI) Stocks That Could Go on a Multidecade Run
Since ChatGPT burst onto the scene in late 2022, the artificial intelligence (AI) revolution has been nothing short of extraordinary. Early movers like Nvidia, Microsoft, and Broadcom have already delivered staggering returns for investors who recognized the potential of AI infrastructure.
3 Artificial Intelligence (AI) Stocks That Could Go on a Multidecade Run
Positive
Zacks Investment Research
2 weeks ago
Applied Digital Rises 6% in a Week: Buy, Sell, or Hold the Stock?
APLD shares benefit from an expanding data center capacity, which aids top-line growth. However, stretched valuation is a concern.
Applied Digital Rises 6% in a Week: Buy, Sell, or Hold the Stock?
Positive
Business Insider
3 weeks ago
Applied Digital Is Building Datacenters In North Dakota For The Next Generation of AI And Computing
Sponsored by Dell Technologies. The demand for AI-powered tools and high-performance computing is reaching new heights.
Applied Digital Is Building Datacenters In North Dakota For The Next Generation of AI And Computing
Neutral
Zacks Investment Research
3 weeks ago
APLD Q2 Earnings Lag Estimates, Revenues in Line, Shares Fall
Applied Digital's second-quarter fiscal 2025 results benefit from growing demand for its Cloud Services and Data Center Hosting business.
APLD Q2 Earnings Lag Estimates, Revenues in Line, Shares Fall
Negative
Benzinga
3 weeks ago
Applied Digital, Vericel, Calavo Growers And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Wednesday.
Applied Digital, Vericel, Calavo Growers And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
Positive
The Motley Fool
3 weeks ago
5 AI Stocks to Load Up On in 2025
The artificial intelligence (AI) revolution promises to reshape the global economy in unprecedented ways. Recent research from McKinsey & Co suggests generative AI could add between $2.6 trillion and $4.4 trillion in annual value across 63 analyzed use cases.
5 AI Stocks to Load Up On in 2025
Neutral
Seeking Alpha
3 weeks ago
Applied Digital Q2 FY25 Review: Continuous Delays In Signing Customer Is Disappointing
Applied Digital reported Q2 FY25 earnings after market hours yesterday. Going into this, I had a bullish view. But the lack of developments in signing a customer activates a key risk. APLD has been unable to close a customer for its 100MW data center in Ellendale for more than a year now. This reduces my confidence in management's execution ability. I note that Q2 FY25 EBIT profitability is skewed upward due to changes in D&A useful life assumptions.
Applied Digital Q2 FY25 Review: Continuous Delays In Signing Customer Is Disappointing
Neutral
Seeking Alpha
3 weeks ago
Applied Digital Corporation (APLD) Q2 2025 Earnings Call Transcript
Applied Digital Corporation (NASDAQ:APLD ) Q2 2025 Results Conference Call January 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 Rob Brown - Lake Street Capital Darren Aftahi - ROTH Capital Partners Mike Grondahl - Northland Securities George Sutton - Craig-Hallum Brett Knoblauch - Cantor Fitzgerald Operator Good afternoon, and welcome to Applied Digital's Fiscal Second Quarter 2025 Conference Call.
Applied Digital Corporation (APLD) Q2 2025 Earnings Call Transcript
Negative
Zacks Investment Research
3 weeks ago
Applied Digital Corporation (APLD) Reports Q2 Loss, Tops Revenue Estimates
Applied Digital Corporation (APLD) came out with a quarterly loss of $0.66 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.10 per share a year ago.
Applied Digital Corporation (APLD) Reports Q2 Loss, Tops Revenue Estimates
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