Applied Digital Corporation (APLD)

NASDAQ: APLD · Real-Time Price · USD
47.94
+0.66 (1.40%)
At close: Jun 1, 2026, 4:00 PM EDT
47.84
-0.10 (-0.21%)
After-hours: Jun 1, 2026, 7:59 PM EDT
Market Cap13.70B +990.6%
Revenue (ttm)319.26M +66.1%
Net Income-192.49M
EPS-0.74
Shares Out 285.77M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume17,487,219
Open47.02
Previous Close47.28
Day's Range45.01 - 49.96
52-Week Range8.03 - 50.73
Beta5.70
AnalystsStrong Buy
Price Target64.59 (+34.73%)
Earnings DateApr 8, 2026

About APLD

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The c... [Read more]

Sector Technology
Founded 2001
Employees 205
Stock Exchange NASDAQ
Ticker Symbol APLD
Full Company Profile

Financial Performance

In fiscal year 2025, Applied Digital's revenue was $144.19 million, an increase of 5.54% compared to the previous year's $136.62 million. Losses were -$233.68 million, 56.5% more than in 2024.

Financial Statements

Analyst Summary

According to 11 analysts, the average rating for APLD stock is "Strong Buy." The 12-month stock price target is $64.59, which is an increase of 34.73% from the latest price.

Price Target
$64.59
(34.73% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

3 ‘Strong Buy’ Data Center Stocks, 5/29/26

Applied Digital ($APLD), Arista Networks ($ANET), and Equinix ($EQIX) are the three data center-related names that hold significant upside and carry a Strong Buy rating from Wall Street, according to…

Other symbols: ANETEQIX
3 days ago - TipRanks

Applied Digital CEO Wes Cummins on AI buildout, hyperscaler demand and spending

Applied Digital chairman and CEO Wes Cummins joins CNBC's 'Squawk on the Street' discuss the company's new $7.5 billion hyperscaler lease, the demand for hyperscaler and spending trends.

5 days ago - CNBC Television

Applied Digital price target raised to $66 from $53 at B. Riley

B. Riley raised the firm’s price target on Applied Digital (APLD) to $66 from $53 and keeps a Buy rating on the shares. The firm says the pace and magnitude…

5 days ago - TheFly

Applied Digital Stock Price Forecast 2026 — What Financial Analysts Expect Right Now

Applied Digital ($APLD) stock has surged 540% over the past year and 88% so far this year as investors grow more bullish on the company’s expanding AI data center business…

Other symbols: CRWVNVDAORCL
8 days ago - TipRanks

The Big 3: BE, APLD, AAPL

Tim Bohen (@Stockstotrade) believes the stock market remains resilient despite all of the volatility surrounding global trade. His bull thesis revolves around the AI evolution and highlights stocks he...

Other symbols: AAPLBE
10 days ago - Schwab Network

Needham says Polaris Forge 3 lease agreement could drive Applied Digital stock higher

Applied Digital (APLD) rallied on May 21 after Needham said the firm's 15-year lease agreement for 300 MW of critical capacity at its advanced Polaris Forge 3 data center campus in North Dakota will d...

11 days ago - Invezz

Applied Digital (APLD) Stock Is Climbing Today – Here’s Why Top Analysts Are Raising Price Targets

Applied Digital (NASDAQ:APLD) stock is on the move today, up by 20% at the time of writing, and not for the first time over the past year. Shares of the…

11 days ago - TipRanks

Applied Digital price target raised to $70 from $55 at Lake Street

Lake Street analyst Rob Brown raised the firm’s price target on Applied Digital (APLD) to $70 from $55 and keeps a Buy rating on the shares. Applied is building “a…

11 days ago - TheFly

Applied Digital price target raised to $66 from $51 at Needham

Needham raised the firm’s price target on Applied Digital (APLD) to $66 from $51 and keeps a Buy rating on the shares. The company announced a 300MW lease at Polaris…

11 days ago - TheFly

Applied Digital price target raised to $60 from $40 at Citizens

Citizens raised the firm’s price target on Applied Digital (APLD) to $60 from $40 and keeps an Outperform rating on the shares. Applied Digital has rapidly strengthened its position as…

11 days ago - TheFly

Applied Digital enters pact with hyperscaler for fourth AI Factory campus

Applied Digital (APLD) announced it has entered into a long-term lease agreement with the same U.S. based hyperscaler that previously signed at Delta Forge 1. The agreement is for the…

12 days ago - TheFly

Applied Digital Reaches Significant Milestone, Surpassing 1 GW of Contracted Capacity with U.S. Based High Investment-Grade Hyperscaler Lease at Fourth Campus, Polaris Forge 3

Applied Digital signs $7.5B long-term lease agreement with U.S. based high investment-grade hyperscaler for fourth AI Factory campus, Polaris Forge 3.

12 days ago - GlobeNewsWire

Applied Digital management to meet with Needham

Meeting to be held in New York on May 26 hosted by Needham.

13 days ago - TheFly

Applied Digital price target raised to $51 from $48 at Needham

Needham analyst John Todaro raised the firm’s price target on Applied Digital (APLD) to $51 from $48 and keeps a Buy rating on the shares after hosting its management team…

17 days ago - TheFly

Applied Digital Completes Separation of Cloud Business, Establishing ChronoScale as Independent Public Company

ChronoScale to begin trading on Nasdaq under ticker CHRN Applied Digital to retain approximately 97% ownership and invest $15.75 million at closing DALLAS, May 05, 2026 (GLOBE NEWSWIRE) -- Applied Dig...

27 days ago - GlobeNewsWire

Applied Digital Announces $300 Million Senior Secured Bridge Facility

DALLAS, May 04, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services ...

4 weeks ago - GlobeNewsWire

Applied Digital signs $7.5 billion AI data center lease with US hyperscaler

Applied Digital has signed a long-term lease worth $7.5 billion with an unnamed U.S.-based hyperscaler at its new Delta Forge 1 site, it said on ​Thursday, strengthening its position as a data center ...

5 weeks ago - Reuters

Applied Digital Announces New U.S. Based High Investment-Grade Hyperscaler Tenant at Delta Forge 1, a 430 MW AI Factory Campus

In a $7.5 billion deal, Applied Digital entered into a lease agreement with a new U.S. based high investment-grade hyperscaler at Delta Forge 1 AI campus.

5 weeks ago - GlobeNewsWire

Applied Digital Slides: Investor presentation

Applied Digital has posted slides in relation to its latest quarterly earnings report, which was published on April 21, 2026.

5 weeks ago - Filings

Applied Digital Earnings Call Transcript: Q3 2026

Revenue surged 139% year-over-year to $126.6 million, with adjusted EBITDA of $44.1 million and strong growth in HPC and data center segments. Construction and financing milestones were achieved, and demand for AI data centers remains robust, with significant expansion and refinancing plans underway.

7 weeks ago - Transcripts

Applied Digital Quarterly report: Q3 2026

Applied Digital has published its Q3 2026 quarterly earnings report on April 8, 2026.

7 weeks ago - Filings

Applied Digital Earnings release: Q3 2026

Applied Digital released its Q3 2026 earnings on April 8, 2026, summarizing the period's financial results.

7 weeks ago - Filings

AI Data-Center Developer's Earnings Top Views. Why Applied Digital Stock Is Moving Higher.

Applied Digital reported stronger-than-expected earnings and revenue as demand for AI data-center capacity accelerates.

7 weeks ago - Barrons

Applied Digital beats quarterly revenue estimates

Applied Digital on Wednesday ​beat estimates for quarterly ‌revenue, driven by steady ​demand for ​its data center ⁠services used ​by enterprises ​to support a boom in generative ​AI applications.

7 weeks ago - Reuters

Applied Digital Reports Fiscal Third Quarter 2026 Results

DALLAS, April 08, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of high-performance, sustainably engineere...

7 weeks ago - GlobeNewsWire